Description
3B2B Condo, Kipark Apartment Tampoi Indah, 850sqft, Below Bank Value
Apartment / Condominium @ Kipark Apartment, Taman Tampoi Indah, Tampoi, Johor Bahru, Johor
Property Details:
Built-up Size: 850 sqft
3 Bedrooms | 2 Bathrooms
High-Rise Unit | 1 Designated Parking Lot Included
Leasehold (Expiry Year 2092, Non-Bumi Lot) | Strata Title Issued
Gated & Guarded: Yes (24-Hour Security System; Maintenance Fee: RM178.50/month)
Condition: Standard Condition (Currently Tenanted at RM1,400/month until January 2027)
Key Highlights: Practical 850 sqft 3-bedroom and 2-bathroom layout with strata title issued. Gated and guarded compound with low monthly maintenance fee (RM178.50) and 1 designated parking bay. Outstanding investment opportunity sold with active tenancy generating immediate rental yield. Exceptional equity value with asking price (RM345k) set substantially below market bank valuation (RM420k), offering potential for full loan approval and cash-out margin.
Status: For Sale (With Active Tenancy)
This serviced apartment unit is located in Kipark Apartment, situated within the mature residential hub of Taman Tampoi Indah, Tampoi. Featuring an efficient 850 sqft floor plan, the home offers a well-proportioned 3-bedroom and 2-bathroom layout tailored for small families, working professionals, or yield-seeking property investors.
This non-bumi leasehold property comes with 1 dedicated parking space, 24-hour gated and guarded security control, and access to residential facilities including a swimming pool, gymnasium, barbecue area, and children's playground. Offered significantly below market bank value, it provides immediate positive cash flow with an active tenant locked in through January 2027.
Nearby Parkview Seri Alam, Greenfield Regency, Kipark Tampoi, Taman Mewah, Taman Sutera Utama, Taman Bukit Aliff, and Pekan Tampoi. Conveniently located near Kipmall Tampoi, Paradigm Mall JB, Angsana Johor Bahru Mall, Sutera Mall, Perling Mall, and local schools. Direct access via Skudai Highway, Jalan Tampoi, and Pasir Gudang Highway ensures rapid commuting to Johor Bahru City Centre, JB Sentral, and the CIQ Complex.
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