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Majestic Maxim

Jalan 9/142, Taman Connaught, 56000 Cheras, Kuala Lumpur
Serviced Residence
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Details:

Developer

Developer of Majestic Maxim, Meridian Maxim Sdn Bhd
Meridian Maxim Sdn Bhd
View developer's profile
Chinese ad 4621 326x150 01

Facilities

Jacuzzi
Gymnasium
Sauna
Basketball court
Badminton court
Volleyball court
Futsal
Table tennis
Pavilion
Wading pool
Children playground
Reflexology walk
Hammock
Shop
Surau
Yoga deck
Play fountain
Landscape garden
Laundry
BBQ pit
Cafeteria

Property Details

2021
(Year of Completion)
This project was completed 3 years ago
From RM294,000
RM0.28psf
Built Up
650 SQ. FT - 819 SQ. FT
Land Title
Commercial
Tenure
Leasehold
Total Blocks
4
Total Storeys
44
Total Units
2136
Parking
Min. 1

Property Review Video Contributed by iherng

Disclaimer: The views and opinions expressed in the video above are those of the author and do not necessarily reflect the official policy or position of PropSocial. The primary purpose of this video is to share personal views and knowledge, it does not constitute professional advice of any sort.

Description

Majestic Maxim is a serviced residence located in Taman Connaught, Cheras. The development has 4 blocks of 44 storey towers, and consists of a whopping 2,136 units, with each block getting 534 units. The project is estimated to be completed by 2021.

The serviced residence has released 2 layouts for its units, Type A/A1 and Type B/B1. Type A/A1 has a built-up of 650 sf, and comes with 2 bedrooms and 2 bathrooms. Type B/B1, on the other hand, is sized at 819 sf, and has 3 bedrooms and 2 bathrooms. The units have starting price from RM294,000 onwards, and currently target the mass, with its built-ups and layouts catering to those who are single, working, and ones with families.

For busy city dwellers, Majestic Maxim has everything covered with the facilities that it carries within. Sports courts for basketball, badminton, volleyball, futsal, and table tennis are provided for tenants who are looking to break a sweat without leaving home. For residents who are looking to rest and relax after a long day of work, there is a swimming pool to have a dip in, as well as a jacuzzi. There is also a landscaped garden to have a leisurely stroll around. A yoga deck is also provided for the avid practitioners.

For children, there is also a wading pool and a playground within the grounds of the residence. There is also a barbecue area and a cafeteria provided for social gatherings. Of course, there are shops that are located at the ground floor of the serviced residence for tenants to enjoy.

Should there not be enough choices provided at the shops within Majestic Maxim, there are plenty of amenities that surround the residence. On Wednesdays, tenants can be treated to the famous Taman Connaught Night Market, which can be reached just by walking. On other days, the Taman Connaught Night Market site is a long commercial hub, which consists of banks, restaurants, service centres, and boutiques.

Other than that, Cheras Sentral Mall is within walking distance, and the Leisure Mall can be reached with just a short drive. Students of USCI, which is located within the township, can also consider renting a unit in the serviced residence.

Majestic Maxim has easy access to the Cheras-Kajang Highway (CKE), and can link to the East-West Highway. If traffic is a problem, the serviced residence is just a stone’s throw away from the Taman Connaught Mass Rapid Transit (MRT) station.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
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Nearby Amenities:

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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 (%)
Majestic Maxim 2021 RM298,888 - RM390,000
RM 459 psf - RM 480 psf
RM1,100 - RM1,100 NIL 3.55 %
Altitude 236 Oct 2014 RM649,000 - RM1,300,000
RM 358 psf - RM 719 psf
RM3,300 - RM3,300 NIL 3.59 %
Vista Harmoni 2013 RM260,000 - RM780,000
RM 199 psf - RM 557 psf
RM872 - RM872 NIL 1.95 %
Connaught Avenue Mar 2012 RM299,000 - RM455,000
RM 314 psf - RM 491 psf
RM150 - RM150 NIL 3.1 %
Cheras Heights Condominium 2012 RM538,000 - RM638,000
RM 375 psf - RM 446 psf
RM1,500 - RM1,500 NIL 2.86 %
The Corner @ Alam Damai Nov 2011 RM760,000 - RM1,450,000
RM 321 psf - RM 555 psf
RM2,500 - RM2,500 NIL 2.71 %
Taman Taynton View 2010 RM590,000 - RM4,000,000
RM 288 psf - RM 833 psf
RM1,400 - RM1,400 NIL 0.99 %

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 900 psf
500 - 1,000 SQ. FT RM 378 psf - RM 266 psf
1,000 - 1,500 SQ. FT - - RM 122 psf
1,500 - 2,500 SQ. FT RM 400 psf RM 730,000 psf RM 3,800,000 psf
2,500 - 4,000 SQ. FT - RM 1,612,000 psf -
4,000 SQ. FT and above - RM 2,152,842 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 274 psf
Non Landed Properties
RM 148,944 psf
Landed Properties
RM 29,852 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

Down Payment (10%) RM 29,400
Loan Amount ( 90 %) RM 264,600
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
RM182 ±
RM 0.28 psf (650 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

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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