Puteri Daffina 3

Seksyen 2, Kota Puteri | Leasehold
Eligibility
  • Malaysians only
  • First time home owners
  • 18 years old and above
Investment Case

Puteri Daffina 3, Kota Puteri, Ijok, Selangor   

Puteri Daffina 3 are 2-storey link homes in the township of Kota Puteri near Ijok, Selangor. Developed by PKNS, Kota Puteri is located east of Kuala 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.

The township comprises mid to high-end homes and ample amenities including schools, commercial centres, industrial hubs and recreational parks and lakes.              

Puteri Daffina 3 homes have built-up sizes of 2,066 sq ft on 24 ft by 65 ft plots. They come with four bedrooms and three bathrooms. Available from RM413,600, the leasehold homes will be ready for Vacant Possession by end 2018.

Developer Profile

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.

Floorplan

Location
Seksyen 2, Kota Puteri, , 48100, Selangor, Malaysia
Financials
See what to expect after you have bought your first home.
Property Price
RM
RM 200,000

RM 5,000,000

Annual Home Value Appreciation Rate
%
-10%

10%

To own a home, you pay
Plus other purchasing costs, ie. legal fee, stamp duty, etc - approximately 4% of property price.

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!

*You will get back your if the property does not depreciate in value at the end of 5 years.
In Year 5

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.

The Bottom Line

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!

*This is a simplified calculator designed to demonstrate what home buyers on FundMyHome will pay and their potential equity at the end of Year 5. Results displayed by the calculator are not intended to reflect accuracy of investment and users are advised to refer to the Terms & Conditions before buying.