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The Locus @ KLCV is one of the many developments of interest located close to the city of Kuala Lumpur in the township of Cheras. It is located on the borders of the Golden Triangle along Jalan Cheras, and has the vision of being a lifestyle residency catering to those with a love for taste and elegance. As a product of the leading developer Sime Darby, buyers of The Locus @ KLCV can expect excellent build quality from their future homes.
One of The Locus @ KLCV’s main selling points is its excellent location with connectivity to the city and the town centre of Cheras. It is a mere 3-minute walk to the upcoming integrated development of Sunway Velocity which has a shopping mall, hospital and office blocks incorporated into the development. It is also here where future residents of The Locus @ KLCV will have a choice of two different train station, whereby one is a purely MRT station and on the other end of Sunway Velocity is the underground MRT cum LRT station.
With the central location of The Locus @ KLCV, residents will be only minutes away from the biggest IKEA in Malaysia, which is a local attraction. The Kuala Lumpur city centre is mere minutes away via the main trunk road of Jalan Loke Yew, where residents will also enjoy easy accessibility to Jalan Cochrane and Jalan Ampang. Of the nearest highways located close to The Locus @ KLCV is the Maju Expressway (MEX) and the Besraya Eastern Extension (BEE).
The Locus @ KLCV is a development of very low density consisting of only one block housing 160 units. The tower will soar 26 storeys tall, with the base levels consisting of a retail podium which will house a supermarket. The units at The Locus @ KLCV will comprise of 160 SoHo units and 1- or 2-bedroom serviced residences with sizes ranging between 550 sf and 1,000 sf, priced at between RM590,000 and RM1.2 million.
The facilities at The Locus @ KLCV will be located on the 25th floor of the building. It will host an infinity pool and an open air sky gym amongst the many other facilities. Located on Level 6 of The Locus @ KLCV is also a private atrium garden which will exclusively serve 10 units of serviced apartments.
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
---|---|---|---|---|---|
The Locus @ KLCV | Nov 2019 | NIL | NIL | NIL | NIL |
Sunway Velocity | 2017 |
RM190,000
-
RM1,100,000
RM 237 psf - RM 1,199 psf |
RM2,200 - RM2,200 | NIL | 5.3 % |
Amaya Maluri | Dec 2013 |
RM342,000
-
RM930,000
RM 516 psf - RM 737 psf |
RM1,200 - RM1,200 | NIL | 3.58 % |
Wisma IAV | 2013 | From RM130,000,000 | From RM6,000 | NIL | NIL |
Fraser Business Park | 2010 |
RM455,000
-
RM455,000
RM 660 psf - RM 660 psf |
RM490 - RM490 | NIL | 1.77 % |
Warisan Cityview | July 2005 |
RM330,000
-
RM512,800
RM 362 psf - RM 532 psf |
RM1,300 - RM1,300 | NIL | 4.69 % |
Queen's Avenue | 2005 | RM200,000 - RM500,000 | RM750 - RM1,200 | NIL | 3.06 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
Non-Landed | Landed | Commercial | |
---|---|---|---|
0 - 500 SQ. FT | - | - | RM 955 psf |
500 - 1,000 SQ. FT | RM 647 psf | - | RM 696 psf |
1,000 - 1,500 SQ. FT | RM 498 psf | - | RM 385 psf |
1,500 - 2,500 SQ. FT | RM 602 psf | - | RM 1,861,866 psf |
2,500 - 4,000 SQ. FT | - | RM 1,810,000 psf | - |
4,000 SQ. FT and above | - | RM 1,430,000 psf | - |
Note:
Down Payment (10%) | RM 59,280 |
Loan Amount ( 90 %) | RM 533,520 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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