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Property Insights & Reviews : Seri Mas

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Seri Mas

1 for Sale

0 for Rent

Leasehold

L/H

Seri Mas is a medium-cost condominium that comprises of high-rise blocks built by property developer Amber Resources. Located in Taman Ikhsan, near Bandar Sri Permaisuri in the matured township of Cheras, the condo is about 20 years old and built on leasehold property. The area of Seri Mas is sandwiched between Taman Tenaga and Taman Ikan Emas and conveniently, just 5 minutes from Jalan Loke Yew, Jalan Cheras and the Cheras roundabout which links to the MRR2, Kuala Lumpur-Putrajaya highway and SMART highway. There are three towers (blocks) that make up Seri Mas. Amber, Jade and Pearl towers make up the 288 units on this property. The smallest unit is about 812sf while the largest is about 1,400 sf. There are no penthouse units for this property. There are many amenities surrounding Seri Mas. Within walking distance is the Pasar Besar Cheras, Pejabat Urusan DBKL, Petronas petrol station and Taman Tenaga Food stalls. The closest LRT station within walking distance is the Cheras RapidKL station about 15 minutes walk away. Celcom Academy and schools, SMK Cheras and SK Seri Cheras are also just a stone's throw from the condo.

Property Details

Name: Seri Mas Condominium

Address: Jalan 1/89A, Taman Ikhsan, 56000 Cheras, Kuala Lumpur

Developer: Amber Resources

Completion Date: 1994

Tenure: Leasehold

Type: Condominium

No. of Units: 288

No. of Storey: 18

No. of Blocks: 3

Built-up: 812 - 1,400 sf

Maintenance Fee: RM0.16 per month

Subsale Price:

Rental:

Facilities

BBQ pit

Multi-purpose area

Covered carpark and outdoor carpark

Tennis court

Swimming pool

Cafeteria

Playground

24hr security

Market Trends

Latest transaction in Seri Mas, Bandar Sri Permaisuri

SPA Date	Address	Size	Price
02/12/2017	X-X-X, JALAN X/XA	872 ft²	290000
10/11/2017	X-X-X, JALAN X/XA	861 ft²	340000
01/11/2017	X-X-X, SERI MAS, JALAN X/XA	861 ft²	295000
01/11/2017	X-X-X, SERI MAS, JALAN X/XA	872 ft²	295000
24/10/2017	X-X-X, JALAN X/XA	861 ft²	295000

Analysis

Seri Mas seems to be maintained well, even though it is about 20 years since its completion. The maintenance fee of RM0.16 psf includes the sinking fund and residents enjoy the use of many of its facilities. From swimming pool to gym, tennis courts, playground and 24hr security, Seri Mas also has a nice open-air area suitable for family gatherings and parties with the use of the BBQ pits made available. For other recreation, residents can make their way to Taman Tasik Permaisuri which is located just 5 minutes drive away in Bandar Sri Permaisuri.Taman Ikhsan and its surrounding areas are home to many flats and low-cost housing. As such, much of the amenities are catered to this dense population in Cheras. From food stalls, to restaurants, the large market and even hypermarkets Tesco and Carrefour are less than 10 minutes drive away from Seri Mas. The developer, Amber Resources built this property back in the late 1990's but is more recently known for the sold out apartment units known as Villa Seri Puteri located in Taman Permata, on the other side of Jalan Loke Yew. The developers office is located in the ground floor of Amber tower in Seri Mas. As of September 2013, the building management made the initiative to repaint the facade and spruce up the exterior of the building to make it more appealing.