Segar Apartments

Jalan 1A, Taman Segar

About this project

Segar Apartments has been a landmark of Taman Segar in Cheras since the early 1990’s. With 11 blocks of low-rise apartments, each unit features a square and straightforward layout, with sizes starting from 700 sq ft – perfect for couples, small families or residents who seek simplicity.

Lift services are available for the ease and convenience of residents. Basic facilities such as playground, 24-hour security and barbecue area are provided, with myriad amenities such as shopping, dining and banking facilities available nearby.

<h3>Location</h3>

Located on the high ground of Taman Segar, Segar Apartments is just a few minutes’ walk away from Cheras Leisure Mall and its surrounding commercial shop lots with plenty of food and beverage outlets, banking facilities, and other lifestyle conveniences. Segar Apartments is also surrounded by matured neighbourhoods such as Segar Perdana, Taman Yulek, Taman Taynton and Taman Connaught.

Segar Apartments is located a in close proximity to SK Taman Segar and a few minutes’ drive from UCSI Professional Academy, UCSI University, SRJK (C) Taman Connaught and SMK Taman Connaught. 

In terms of accessibility, Segar Apartments is connected via several highways and expressways, including the Cheras-Kajang Expressway (also known as the Grand Saga Expressway), East-West Link Expressway, Cheras Highway, Kesas Highway and MRR2. Residents of Segar Apartments will be also be served by the Taman Mutiara MRT station situated in front of Cheras Leisure Mall upon its completion in 2017.


<h3>Analysis</h3>

Convenience and accessibility are major plus points of Segar Apartments. It is accessible via Jalan Manis, which is the main road linking the expressways to many of the neighbourhoods in Taman Segar. As a main point of ingress and egress, the road provides ease of accessibility but tends to get congested during peak hours.

Segar Apartments also makes for a good investment option for rental, thanks to the steady influx of students to the nearby UCSI Professional Academy and UCSI University. The general sentiment is that the MRT project will further help to push prices up by 2017.
Property Type
Condominium/Apartment
Total Units
602
Tenure
Freehold

Facilities & Amenities

  • done
    24-hour Security
  • done
    Car Park
  • done
    Park and Garden
  • done
    BBQ Area

Location

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Past Transactions

Transaction DateAddressBuilding TypeFloorsLot SizePrice PsfPrice

Historical Monthly Price Range & Volume

Profitability

Profitable Transactions (Limited to 5 Total of 25 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
22 Aug 1229 Mar 19549 ft²346151107,00013.4
31 Jan 1207 Mar 191,044 ft²287144150,00010.3
16 Jan 1228 Jan 19549 ft²23713158,0008.8
23 May 1811 Jul 18549 ft²23721910,00081.5
28 Mar 1223 May 18549 ft²21917922,0003.3

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 20 more profitable transactions.

Affordability

  • Down Payment (10%)RM 0
  • Loan Amount (%)RM 0
  • Tenure Years0 Years
  • Interest Rate0%
  • Loan Amount 90%
  • Down Payment 10%
Monthly Installment

RM 0 ±

Mortgage Provided by Hong Leong Bank

Maintenance Fees

RM 0 ±

RM 0 psf (0 sq ft)

Total Monthly Expenses

RM 0 ±

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