D Mayang Sari, Nilai. Week 3. October. Developer BOTANIC ACRES DEVELOPMENT SDN BHD. (related company of Seri Pajam Development Sdn Bhd)

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Gary McDaniel
6 years ago
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1 Week 3 13 October D Mayang Sari, Nilai Developer BOTANIC ACRES DEVELOPMENT SDN BHD (related company of Seri Pajam Development Sdn Bhd) J - P r o p v e s A n a l y z e

2 Project Induction D Mayang Sari is the latest residential development in Nilai, Negeri Sembilan, which is currently hot with property buyers. It is located near to KLIA, KLIA 2, Putrajaya, Cyberjaya and Klang Valley. As such, with the affordable and spacious landed residential properties in Nilai, it has attracted a lot of buyers from Klang Valley. This means they stay in Nilai but work in KLIA, Putrajaya, Cyberjaya and Klang Valley. Nilai is an education hub by itself with established education institutions such as Inti International University, Nilai University, Manipal International University, University Sains Islam Malaysia, Islamic University College of Malaysia and etc. Developed by the reputable and award winning developer, Seri Pajam Development, this residential development sits on 64 acres of Freehold land. Within 64 acres, almost 10% of the total land usage will be utilize for green areas for recreational and outdoor exercise. Eco Lake, Linear Garden, Shaded Playground, Maze Garden and Kite lawn are some of the green components in D Mayang Sari. Eutelia will be the first phase of double storey terrace homes to be launched in D Mayang Sari. The land size is 20ft. x 60ft. and built-up of 1,934sq.ft., just slightly below 2,000sq.ft., which is quite spacious for a land size of just 1,200sq.ft. The starting price is from RM475,000, which translate to RM246 psf. The sales response from Phase 1 of D Mayang Sari has been very encouraging and the developer is currently doing registration for their Phase 2. For further information, please contact Seri Pajam Development sales team at Enquiries can also be send through us at info@j-propves.com.my or by clicking the contact us at our website.

Project Fact Price Name Location Price psf (RM) Built-Up (sq.ft) Land Area Land Tenure Title Type RM 475,000 RM742,900 Eutelia @ D Mayang Sari Senawang @ Seremban, Negeri Sembilan RM246 1,934sq.ft. 2,008sq.

3 Project Fact Price Name Location Price psf (RM) Built-Up (sq.ft) Land Area Land Tenure Title Type RM 475,000 RM742,900 D Mayang Sari Seremban, Negeri Sembilan RM246 1,934sq.ft. 2,008sq.ft. 20ft. x 60ft. Freehold Individual Residential Nusa Intan No. of Bedroom No. of Bathroom 4 Furnishing Property Type Facilities Not Furnished 2 Storey Link Homes 5.7 acres Green Area Eco Lake Kite Lawn Shaded Playground Linear Garden Maze Garden Guarded Community Total Unit 162 Developer Completion Date Botanic Acres Development Sdn Bhd (a related company of Seri Pajam Development Group) September 2016 (2 years from SPA)

4 Floor Plan

driving time to Kajang & Semenyih 15 minutes driving time to Bangi 15 minutes driving

5 Location 25 minutes driving time to Kuala Lumpur 25 minutes driving time to KLIA & KLIA2 25 minutes driving time to Cyberjaya 20 minutes driving time to Putrajaya 20 minutes driving time to Kajang & Semenyih 15 minutes driving time to Bangi 15 minutes driving time to Seremban 10 minutes driving time to LEKAS Expressway 5 minutes driving time PLUS Expressway

Developer 1) Experience and reputable with years of experience in property industry. 2) Currently, the developer has 7 ongoing developments :- a. D Mayang Sari @ Nilai b. Nada Alam @ Nilai c.

Tiara Heights @ Sepang For other Seri Pajam Development project details, please refer to their website at www.seripajam.com.

6 Developer 1) Experience and reputable with years of experience in property industry. 2) Currently, the developer has 7 ongoing developments :- a. D Mayang Nilai b. Nada Nilai c. Citra Pajam d. Bandar Warisan Seremban e. Perdana College Pajam f. Nusa Seremban g. Tiara Sepang For other Seri Pajam Development project details, please refer to their website at 3) Recently, they have won Asia Pacific Property Awards , in Best Residential Landscape Architecture Malaysia category. 4) Experience building contractor turn developer which won Malaysian Construction Industry Excellence Awards in ) Aggressively promoting their developments via social media, exhibitions, road shows, print advertisements and etc. Unique Point 1) Spacious layout of 4 rooms + 1 utility + 1 family hall with just 20 x 60 land size. 2) Located nearby amenities, public transports, education institutions and crucial expressways. 3) Quick check found limited new terraces launching in Nilai. In our opinion, this can mean limited incoming new affordable landed homes supply and good future value appreciation.

Pricing RM260 RM255 RM256 RM250 RM245 RM240 RM246 RM240 RM235 RM230 RM230 RM227 RM225 RM220 RM215 RM210 Eutelia @ D'Mayang Sari Kasia Greens @ Desa Kasia Delfina TreeO @ Nilai Impian Cempaka Suria 3

Freehold 1,934 2,008 475,000 742,900 RM246 Kasia Greens @ Desa Kasia, Nilai Ireka Group 2 & 3Storey Link Homes Freehold 2,286 3,334 584,700 1,295,700 RM256 Delfina TreeO @ Nilai Impian Sime Darby 2

7 Pricing RM260 RM255 RM256 RM250 RM245 RM240 RM246 RM240 RM235 RM230 RM230 RM227 RM225 RM220 RM215 RM210 D'Mayang Sari Kasia Desa Kasia Delfina Nilai Impian Cempaka Suria Kota Seriemas Nilai Spring Putra Nilai Figure 1 : Psf Comparison Development Developer Type Tenure Built-Up Price Psf D Mayang Sari Seri Pajam Development 2 Storey Link Homes Freehold 1,934 2, , ,900 RM246 Kasia Desa Kasia, Nilai Ireka Group 2 & 3Storey Link Homes Freehold 2,286 3, ,700 1,295,700 RM256 Delfina Nilai Impian Sime Darby 2 Storey Link Homes Freehold 2, ,000 & above RM240 Cempaka Suria Kota Seriemas, Nilai PNB Development 2 Storey Link Homes Freehold 2, ,888 & above RM230 Nilai Spring Putra Nilai BBN Development 2 Storey Link Homes Freehold 2, , ,000 RM227 Figure 2 : Project Comparison Eutelia pricing will not be the most competitive among the others shown in the table due to limited new terrace homes supply in Nilai. Do take note that Kasia Greens and Nilai Spring Heights have been in the market for quite some time. Also, in terms of affordability, Eutelia will be the most affordable as it has the lowest minimum selling price of RM475,000. We believe that there will still be new supply of landed terrace homes coming in the future but the prices and sizes will not be as generous as of current time.

Buying Terms 1) RM5,000 booking fee. 2) Legal fee for SPA absorbed by developer. ESTIMATED PAYMENTS, ROI AND VALUE APPRECIATION Unit Details Type : Eutelia Land Area : 20 x 60 Built-Up : 1,934sq.ft.

8 Buying Terms 1) RM5,000 booking fee. 2) Legal fee for SPA absorbed by developer. ESTIMATED PAYMENTS, ROI AND VALUE APPRECIATION Unit Details Type : Eutelia Land Area : 20 x 60 Built-Up : 1,934sq.ft. Purchase Price : RM475,000 Intermediate Lot RM PAYMENTS TO DEVELOPER Initial Payment / Booking Fee 5,000 Downpayment 1st 10% of Purchase Price 47,500 (-) All Rebates Other Discount 0.00 Net Downpayment Payable 42,500 TOTAL AMOUNT PAYABLE TO DEVELOPER RM47,500 Note: All calculations are based on the information obtained and assumptions based on the time the analysis has been carry out. Assumption that Other discount is still applicable and can be utilized as part of 1st 10% downpayment. Table 1 Payment to developer

9 MONTHLY LOAN REPAYMENT Loan margin 90% 70% Loan Amount 427, ,500 Monthly Repayment 2,179 1,695 Total Repayment 784, ,064 Total Interest Payment 356, ,564 Note: The above loan amount is based on the loan margin of Non-Bumi gross purchase price, excluding MRTA or other costs. The above assumption is based on loan tenure for 30 years / 360 months. The above assumption is based on interest rate of BLR - 2.4% (BLR = 6.85% as at ). Table 2 Monthly Loan Repayment LEGAL FEE & STAMP DUTY PAYABLE Sales & Purchase Agreement (SPA) RM RM SPA Legal Fees 4,558 4,558 SPA Disbursement Charges Total Cost for SPA 4,838 4,838 Loan Documentation 90% Loan 70% Loan Loan Legal Fees and Disbursement 4,836 4,131 Stamp Duty on Loan Documents 2,138 1,663 Total Cost for Loan Documentation 6,974 5,794 Memorandum of Transfer (MOT) Stamp Duty for MOT 8,500 8,500 TOTAL PAYBLE FOR LEGAL FEES & STAMP DUTY 20,312 19,132 Note: All payment calculations to solicitor on SPA, loan documentation and MOT is estimated base on standard guideline, thus the actual cost from solicitor might differ from the above illustration. Table 3 Legal Fees & Stamp Duty

10 VALUE APPRECIATION UPON COMPLETION - estimation Value 1 Value 2 Market Value (Using estimated psf x Eutelia b.u.) 495, ,530 ( - ) Actual Selling Price 475, ,000 Value Appreciation 20,104 95,530 Note: 4.23% 20% Value 1 : estimated based on highest psf as shown in Figure 1 which is RM256 per sq. ft. (Kasia Greens) Value 2 : estimated based on 20% increment on current psf. (= RM295/sq. ft.) 20% increment in price is the normal appreciation for a property from developer launching price compare to sub sale price once receive vacant possession, especially in Klang Valley. The market selling price per.sq.ft. sources are by referring to other property website portal, print media and others. The above estimated market value & value appreciation is based on the time when the analyze is done by referring to other developments pricing per sq.ft. and shall not be construed as the actual or future selling price per sq.ft. for the analyzed development. Please take note that the future actual selling price per sq.ft. may vary depending on time and other relevant factors. Table 4 Estimation on Value Appreciation Upon Completion For more information or if you have further enquiry, please to us at info@j-propves.com.my Or to contact the developer sales and marketing team directly at (Auwal) (Joe) (Zul) (Eddie) (Office) Source : All information s, details, pictures, plans, facts are obtain via various sources such as at D Mayang Sari marketing materials, exhibitions, other property related websites and etc. DISCLAIMER : While every reasonable care has been taken to prepare this analyze report, J-PropVes and its agents cannot be held responsible for any inaccuracies. All statements are believed to be correct but should not be regarded as representatives of facts. All calculations are based on estimation only and should not be regarded as representatives of facts. Renderings and illustrations are artists impressions only and cannot be regarded as facts. Terms and conditions apply.

11 Photos Gallery D Mayang Sari Actual Site North South Expressway Exiting Nilai / Pajam

12 Massive Nilai Impian New Wholesale Mall Under Nilai 3 KTM Batang Benar

13 Sport Nilai Nilai Medical Centre Nilai International School

Nilai International University Inti International University SOURCE : All information s, details, pictures, plans, facts are obtain via various sources such as at developer website,

DISCLAIMER : While every reasonable care has been taken to prepare this analyze report, J-PropVes and its agents cannot be held responsible for any inaccuracies.

14 Nilai International University Inti International University SOURCE : All information s, details, pictures, plans, facts are obtain via various sources such as at developer website, properties website, marketing materials, exhibitions, sales gallery and etc. DISCLAIMER : While every reasonable care has been taken to prepare this analyze report, J-PropVes and its agents cannot be held responsible for any inaccuracies. All statements are believed to be correct but should not be regarded as representatives of facts. All calculations are based on estimation only and should not be regarded as representatives of facts. Renderings and illustrations are artists impressions only and cannot be regarded as facts. Terms and conditions apply.

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N i l a i I m p i a n Nilai Impian Nilai Impian Where even the simple things are special. Nilai Impian homes and the spaces around them are welcoming and nurturing, perfect for starting a new life together and raising a family.