The Straits View Residences

Jalan Permas 13, Permas Jaya, Permas Jaya/Senibong, Johor

About this project

The Straits View Residences is a residential property located in Johor Bahru, Johor. The project was developed by Permas Jaya Sdn Bhd, a prominent Malaysia-based international property development firm. Occupying a 35.2-acre piece of freehold land, the property consists of 186 tastefully designed semi-detached homes and 32 lavish bungalows. From the property, you can enjoy the beautiful views of the Straits of Johor as well as Singapore. The project, a gated and a guarded community is only a ten-minute drive to Singapore. Every unit here comes with a grandiose double volume living as well as dining area with ample natural light penetration and a soothing breeze. The property can be located hassle-free through the Eastern Dispersal Link, Coastal Highway as well as the Permas 2nd Bridge. It is surrounded by a range of amenities including schools, recreational centres, retail shops, restaurants, petrol stations, major shopping centres, schools and much more. Here, you’ll have access to a fantastic sanctuary clubhouse equipped with an array of contemporary facilities such as infinity pool, kids’ pool, barbecue deck, gym, café, mini-mart, function room, game room and much more. With only six units per an acre, the property offers you the high-level of privacy you need in an ideal high-end home. Another thing that you’ll certainly like about the property is the abundance of parking spaces; each unit comes with spacious car parking lot which can accommodate up to four cars. The units are designed to offer you a resort-like experience, allowing ample penetration of the natural light and a gentle breeze. As if that is not enough, every unit is also allocated a water harvesting tank for the conservation of rainwater from the roofs. Your haven’s safety is a guarantee, with a guard house located at the grand entrance of the property, in addition to 24-hour security with CCTV surveillance. When your indoor environment feels boring, you can go outside and rest under a tree trunk and enjoy the relaxing outdoor atmosphere. Situated in the eastern part of Johor Bahru, The Straits View Residences can be located hassle-free through the Eastern Dispersal Link, Coastal Highway as well as the Permas 2nd Bridge. Traveling from Singapore to Johor Baru is a matter of a drive of ten minutes through the Coastal Highway as well as the Eastern Dispersal Link. The development is only nine kilometres to Permas Jaya and ten kilometres to Pasir Gudang Industry Estate. The amenities that are the immediate neighborhood of the project include Jaya Jusco shopping centre, eateries, the Permas Jaya commercial centre, major sports venues, schools, healthcare facilities, salon, retail shops, petrol stations and much more. Permas Jaya Golf Course is only a hop, skip and jump from the property. Schools that are less than three kilometres away from the development include SMKA Johor Bahru, SMK Tun Syed Nasir Ismail, SK Taman Daya 2, SK Taman Daya 3, SK Taman Daya, SMK Taman Daya, SJK(C) Pandan, SMK Taman Mount Austin,, SJK(C) Foon Yew 5, SK Bukit Mutiara, SMK Taman Daya 2, SMK Taman Daya 3, SK Sri Amar and SK Taman Suria. Hospital Sultan Ismail is also found in the locality. The Straits View Residences offers many facilities including a barbecue deck, restaurant, clubhouse, gym, function room, kids’ playground, swimming pool, tennis courts and a wading pool. For ultimate peace of mind to its residents, the property is also equipped with 24-hour security. The project occupies a 35.2-acre piece of freehold land and contains 186 semi-detached homes and 32 lavish bungalows. The built-up sizes of the units range from 3,012 square feet to 4,18 square feet. Currently, the subsale price of a unit here ranges from RM 618,000 to RM 1,900,00 while the maintenance fee is RM 0.30 per a square foot. The construction of The Straits View Residences was completed in late 2014 and the launch prices of the project range between RM868,000 to RM1,078,000. Besides The Straits View Residences, Permas Jaya Sdn Bhd has also completed the development of other well-known residential properties including Elita @ The Straits View Condominium. The Straits View Residences isn’t a loner in its locality; there are other much-sought after residential projects in its neighborhood including Greenfield Regency, Tropez Residences @Tropicana Danga Bay, D’Esplanade Residence @KSL City, Palazio, and The Sky Executive Suites. Credit : Propertyguru 5.12.2019
Completion Year
2012
Beds
4 - 6 bedrooms
Built up
3574 sqft - 10570 sqft
Tenure
Freehold
Land Area
35
Transacted Price
RM 1,200,000 - RM 5,000,000
Asking Price (Sale)
RM 555,000 - RM 2,300,000
Asking Price (Rent)
RM 4,000 - RM 4,000
Developer name
Permas Jaya Sdn Bhd

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 3 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
13 Dec 1614 Apr 173,681 ft²503458150,00028.8
12 Apr 1319 Dec 137,965 ft²2763101,000,000141.4
03 Dec 1226 Dec 123,875 ft²394361128,000300.8

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.

Unprofitable Transactions (Limited to 5 Total of 2 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
19 Dec 1301 Dec 144,176 ft²359276-700000-33.2
26 Dec 1212 Apr 133,875 ft²310394-328000-56.1

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.

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±

Disclaimer

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