Kipark 1
7

Kipark, Johor Bahru, Johor

RM 345,000

Apartment For Sale

, posted 13 hours ago
RM 345,000Kipark, Johor Bahru, Johor
PhotoCrop

850

 sq.ft

Bed

3

 Bed

Bath

2

 Bath

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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.

mnb99

Property Details

Property Type

Apartment

Carpark

1

Tenure Type

Leasehold

Land Title

Non Bumi Lot

About Kipark

DEVELOPED BY KIP GROUP

Jalan Titiwangsa 1, Taman Tampoi Indah, 81200 Johor Bahru, Johor

More on Kipark

Completion Year

2008

No. of Floors

16

More on Kipark

Facilities

Parking

Security

Swimming Pool

Playground

Gymnasium

Sauna

Barbeque area

Minimart

Property agent

The Roof Realty

Firm: E - 11605, REN 00000

All ads from this advertiser (12 For Sale)

Mortgage Estimation

RM 1,447

Estimated monthly installment (Interest rate 3.8%)

⚠️ This is for reference only and is not a quote. Results vary according to different financial institutions. Mudah.my doesn't guarantee it's accuracy or applicability to your circumstances.

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