TAMAN TASIK SEMENYIH - FOUR STOREY TETRIS APARTMENTS [137 Units]
* En Bloc Sale, Fully Furnished Studio & Duplex Apartment (Semenyih, Selangor)
DETAILS & INFORMATION :
- BTS TwinTrees Sdn Bhd, developer for Tetris Apartments are reaching out in line with an investment opportunity
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- The company is offering an En Bloc Sale of 137 units of purpose built fully furnished student apartments in Semenyih, Selangor
- Tetris Apartments was created for off campus accommodation for Malaysia’s Nottingham University students and staff. The development includes both Furnished Studio and Duplex units spread across three blocks.
- In line with rapid developments surrounding the area, and most notably a proposed private hospital on a plot of commercial land owned by our company (just a mere 150m from Tetris Apartments); we thought it would be positive to reach out in line with the above
To provide you with a summary of the investment, kindly find listed some key facts and investment points regarding Tetris Apartments for your reference:
1. The development sits on a prime leasehold commercial land measuring 12,194 sq m (3.013 acres) in Taman Tasik Semenyih, adjacent to a 20 acre lake garden and strategically located in close proximity to the University of Nottingham Malaysia Campus. The lease expires on 5th November 2094
2. The development consists of three blocks of four storey purpose built apartments to accommodate the students and staffs of University of Nottingham Malaysia Campus. It comprises 137 units of furnished studio and duplex units spread across three blocks spanning from 205 sq ft to 721 sq ft; with a total built up area of 3,825 sq m (41,172 sq ft)
3. Tetris Apartments is now operating at an occupancy rate of 100% (FY 2018) with an annual gross revenue of RM930,000, which provides a gross yield of 4.5% per annum
SELLING PRICE: RM 23 Million ( Selling Below Market Price )
RIZUAN ROSLI
01137099532
REAL ESTATE NEGOTIATOR
( IQI iRealty Sdn Bhd )