Description
2B1B Ground Floor Flat, Flat Cempaka Desa Cemerlang, 499sqft, Below BV
Low-Cost Flat @ Flat Cempaka, Block 8, Taman Desa Cemerlang, Ulu Tiram, Johor Bahru, Johor
Property Details:
Built-up Size: 499 sqft
2 Bedrooms | 1 Bathroom
Ground Floor Unit (Block 8) | Walk-Up Flat Convenience
Leasehold (Expiry Year 2084, International Lot)
Condition: Renovated Condition
Key Highlights: Rare ground-floor unit offering easy, step-free access without stairs. Renovated interior condition with functional 499 sqft 2-bedroom layout. Excellent investment opportunity sold with existing tenancy (RM950/month until December 2027), generating immediate high rental yield. Exceptional equity value with newly reduced asking price (RM198k) set significantly below market bank valuation (RM240k).
Status: For Sale (With Active Tenancy)
This rare ground-floor low-cost flat is located in Block 8 of Flat Cempaka, situated within the mature residential area of Taman Desa Cemerlang, Ulu Tiram. Featuring a compact 499 sqft floor plan, the home offers an efficient 2-bedroom and 1-bathroom layout ideal for elderly residents, small families, or property investors seeking passive rental income.
Offered in renovated condition, this international leasehold property eliminates stair-climbing hassles and provides stable cash flow with an active tenant locked in at RM950 per month through December 2027. Offered below bank value, it presents strong immediate yield potential.
Nearby Taman Pelangi Indah, Taman Gaya, Taman Mount Austin, Taman Johor Jaya, and Taman Ehsan Jaya. Conveniently located near Crescent Bay commercial hub, Mydin Mall Pelangi Indah, AEON Mall Tebrau City, Toppen Shopping Centre, IKEA Tebrau, Hospital Sultan Ismail (HSI), and local industrial parks. Direct access via the Tebrau Highway and Senai-Desaru Expressway (SDE) ensures rapid connection to Johor Bahru City Centre and the CIQ Complex.
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