Puteri Daffina 2
- Malaysians only
- First time home owners
- 18 years old and above
Puteri Daffina 2, Kota Puteri, Ijok, Selangor
Developed by PKNS, Kota Puteri is a new township located east of Kuala Selangor near Ijok town in Selangor. The township is accessible via Jalan Batu Arang, the Guthrie Corridor Expressway, the New Klang Valley Expressway (NKVE) and the KL-Kuala Selangor Highway (LATAR). It is also located near the Shah Alam–Batu Arang Highway.
The area is part of the emerging Greater KL development growth area that includes Puncak Alam and Bandar Baru Kundang.
Touted by its developer to be the next Kota Damansara, the township comprises mid to high-end homes and ample amenities including schools, commercial centres, industrial hubs and recreational parks and lakes.
For those looking to live away from the madding crowd, longing for a quiet place to stay but with all amenities close by, the homes in Kota Puteris such as Puteri Daffina 2 may appeal to them.
The Puteri Daffina 2 double-storey link homes have unit built-up sizes of at least 2,000 sq ft on lot sizes from 24 ft by 65 ft, thus providing loads of space for below RM500,000 per unit. The homes are available under this scheme for just RM406,400 per unit. The leasehold homes are ready for Vacant Possession.
PKNS | Perbadanan Kemajuan Negeri Selangor
The Selangor State Development Corporation or PKNS, was established Aug 1, 1964, under the Selangor State Development Corporation Enactment (1964) as a statutory body and development agency for the state of Selangor.
it has been responsible for the development of new growth centres in the state, creating vibrant residential, industrial and commercial hubs throughout the decades.
PKNS' development projects cover low, medium and high-end housing, shops and commercial centres, including factories and industrial lots where some are developed through privatisation schemes. it has developed townships in Shah Alam, Petaling Jaya, Bangi, Ampang, Ulu Klang, Kelana Jaya, Bandar Sultan Sulaiman, Kota Damansara, Kota Puteri, Antara Gapi, Bernam Jaya and Selangor Cyber Valley in Cyberjaya.
FundMyHome will source the remaining through institutional investors. Once funding is completed, you will move into the home without further financial obligations and stay for free for 5 years* or rent it out to earn rental yields!
Before Year 5 is due, you will need to decide if you want to sell the house (and earn potential profits), or continue to stay in the home by buying over or refinancing the home. The value of your home in 5 years will be , and you will need to pay if you choose to refinance and stay on.
If you want to sell the home, the property will be put on the market and sold at its valuation price. Proceeds from the sale will be distributed among investors and buyers. Based on the appreciation of 5%, you could potentially make in capital gains or losses.
Looking at your investment costs, you would have made Capital Gains and in Opportunity Gains, which comes from savings in rental (based on 4.5% rental yields). You will also not have to worry about paying interests from a home loan.
Ultimately, you could be making in total gross gains, representing a return of investment of over 5 years. We see this as a win-win solution to your home buying woes!