Property investment: Seroja Apartment, Setia Alam

Property investment: Seroja Apartment, Setia Alam
4 votes, 4.75 avg. rating (93% score)

Last weekend I went to Setia Alam Welcome Center to survey on low cost apartment – Seroja Apartment, which will be located at the heart of Setia Alam, Shah Alam. Here some info I gathered:

- The price is Rm42k

- Interest rate as low as 1.70%

- Strategically located at Setia Alam nearby main facilities like Tesco, Giant, just beside shopping mall (which currently under construction), school, workplace

- The apartment will be developed 3 years from now

- Monthly installment will only start after you received your apartment’s key

- Monthly home loan installment:

15 Years

20 Years

25 Years

RM 297

RM 248

RM 219

- If you interested to purchase it, you have to register first. To date, there currently 2000 persons queuing for the purchase (a lot). Selection will be made based on your application

- Salary below Rm2.5K have better chance to own the apartment

- However, the form is sold out at Setia Alam Welcome Center, but you can get the form by visiting Lembaga Perumahan & Hartanah Selangor office. The price for a form is RM2

If you’re looking to make some money for rental, this would be a good buy for you. The apartment rental price at Setia Alam can go up to RM600 per month. So let say you pay RM248 per month for 20 years for house installment. You would gain RM352 if you rent your apartment at Rm600 per month (RM600-RM248=RM352) That’s very much cover the cost right?

So, are you interested? You can apply now before it’s too late ya. Although there are certain qualifications you have to meet, but it’s still worth a try.

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Property investment: Seroja Apartment, Setia Alam
4 votes, 4.75 avg. rating (93% score)

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