Kalista 2 | Block B
- Malaysians only
- First time home owners
- 18 years old and above
Kalista 2, Seremban 2, Negeri Sembilan
Kalista 2 is a project comprising executive apartments located at IJM Land Bhd’s Seremban 2 township in Negeri Sembilan. It consists of 522 units spread over two towers.
Completed recently, the freehold units with unit built-up sizes from 926 - 1,561 sq ft. The 1,182 sq ft units in Block B are priced from RM435,727.
Each unit comes with three bedrooms and two bathrooms as well as two parking bays each. The project’s rooftop sky garden features a host of facilities including a sky lounge, a swimming pool, wading pool, gym, pavilion, playground, multi-purpose hall and half basketball court.
Now, more than two decades old, Seremban 2 which serves as an extension to Seremban town is currently 90% completed and has a population of more than 62,000 people.
Over the years, as accessibility and amenities improve, many people from the Klang Valley have chosen to settle down in Seremban.
Seremban 2 is accessible via several highways such as the Kuala Lumpur - Seremban Highway (PLUS), North - South Expressway Central Link (ELITE) and Kajang - Seremban Highway (LEKAS). It is only 45 minutes drive from Kuala Lumpur city centre.
Amenities in and around the township include schools such as SM Kepayang, SR Wawasan, Courthouse, SM Mambau, SK Mambau, SM Seremban 2A, Kolej Mara Seremban, SK Rahang. Other amenities are the Rasah Kemayan Golf and Country Club, Paradise Valley Golf Resort and Quirah Sikamat Mosque, among others.
IJM Land Bhd
IJM Land Bhd is the property development arm of Bursa Malaysia-listed conglomerate IJM Corp Bhd. It is one of the most established property developers in Malaysia with a vast portfolio including townships, sustainable developments, iconic waterfront community, luxury homes, landed and high-rise residences, offices and commercial properties in prime areas of Penang, the Greater Kuala Lumpur, Seremban, Johor, Sabah and Sarawak. It has also extended its footprint to Vietnam, China and the United Kingdom. Its projects are worth an estimated gross development value in excess of RM30billion spread over an undeveloped landbank of 4,000 acres that span across key growth areas in Malaysia.
Among some of its projects include the Seremban 2 township in Negeri Sembilan and Bandar Rimbayu, Selangor, Bandar Sri Pinang in Penang, and Austin Duta, Johor. It is also the developer of an exclusive waterfront project known as The Light in Penang.
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!