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Property Insights & Reviews : Taman Connaught

Taman Connaught

1 for Sale

2 for Rent

Leasehold

L/H
Taman Connaught is a very matured and established neighborhood in Cheras. It is strategically located at the confluence of Middle Ring Road 2 (MRR2), East-West Link Highway and Cheras-Kajang Highway. Taman Connaught comprises of 2-storey terrace houses, bungalows, condominiums and an apartment. There are 2 condominiums located at behind Giant Connaught, namely Angkasa Condominiums and Puncak Banyan. Meanwhile, the apartment and Sri Cendekia condominium are located at far north-west of Taman Connaught. This neighborhood is popular to have the longest 'pasar malam' (night market) in Malaysia, which is held every Wednesday night along Jalan Cerdas. Taman Connaught is separated by East-West Link Highway.Additionally, there is going to be a new business centre in the area, named Connaught Avenue. It is a mixed residential and commercial development comprising of 2 and 3-storey shop-offices and 2 blocks of serviced apartments. Sited on a 8.66-acre leasehold land, it will have a total of 86 units of commercial shop-offices and 385 units of serviced apartment. It is a development by Akisama and expected to be completed by March 2012. Being a matured residential neighborhood, Taman Connaught is a self-contained vicinity with numerous amenities and commercial areas. There are a Chinese temple, a Calvary Church, a police station, 2 petrol stations (Shell, Esso and BHP), 24-hour drive-through McDonald (within Shell station), and Giant Hypermarket. There are rows of coffee shops, restaurants (among the established ones is Yip Chee Mei Tai Pau stall), banks (Eon Bank, Maybank, CIMB) and specialty shops located around Jalan Cerdas. There is also abundance of offices nestled within the vicinity. For shopping and leisure, Taman Connaught is close to Cheras Leisure Mall and Plaza Phoenix. Aplenty of schools can be found in the area, such as SJK (C) Taman Connaught and SMK Taman Connaught. University College Sedaya International (UCSI) campus is also located here, right behind McDonald’s outlet.

Property Details

  • Name: Taman Connaught
  • Address: Cheras, 56000, Kuala Lumpur
  • Completion Date: 1980s
  • Type: 2-Storey Terrace
  • Tenure: Leasehold
  • Land Area: 22' x 75'
  • Built-up: From 1,760 sf
  • Subsale Price:
  • Rental:
  • Facilities

  • Field
  • Schools
  • Calvary church
  • Chinese temple
  • Police station
  • Market Trends











    Latest transaction in Taman Connaught, Cheras

    SPA Date Address Size Price
    21/11/2017 X-X-X, JALAN X/X 570 ft2 165000
    06/10/2017 X-X-X, JALAN X/X 635 ft2 175000
    06/09/2017 X-X-X, JALAN X/X 635 ft2 180000
    18/08/2017 X-X-X, JALAN X/X 635 ft2 160000
    31/07/2017 X-X-X, JALAN X/X 570 ft2 100000

    Analysis

    Last 17th September 2010, just days before Hari Raya, there was a report in The Star that stated the sewage water in Taman Connaught has been overflowing from a manhole near a road junction for more than a month. The residents have made several complaints to Indah Water, and they were told that it was because of pump malfunction. Because of the problem, some residents of Taman Connaught claimed that the road is breaking up and there are several potholes on the roads now. Indah Water representative claimed that they have alerted the developer about the matter as the sewerage pipelines were still maintained by the developer. Taman Connaught is actually sits on leasehold with about 70 more years to go. With houses prices has gone up to RM500,000 for a normal 2-stprey terrace, it might be scary to dump a lot of cash on an old and leasehold property and expect the price to escalate further, at least for the next 20 years. Hopefully, the residents association here will stand up and ask for freehold title conversion, or at least, just lease period renewal. It should not be a problem. As for the condominiums in Taman Connaught, indeed that they are such a good buy as one can furnished and rent them to a bunch of college kids or young working professionals, and gain about 7% to 9% of rental yield. It is doable.
    康乐花园 Taman Connaught 是蕉赖早期最具代表性的住宅区,其位置坐落在第二中环公路(MRR2)、东西连贯大道(East-West Link Highway)以及蕉赖加影大道(Cheras-Kajang Highway)交界处。这里的房子计有双层排屋、独立洋房以及公寓。在康乐Giant霸级市场后方有2个公寓住宅区,即Angkasa Condominiums以及Puncak Banyan。另外,Sri Cendekia公寓则位于康乐西北方。其中让康乐花园成为焦点的是每周三在Jalan Cerdas摆摊的夜市场(pasar malam),是全马最长的夜市场,每星期都吸引大量人潮来逛街购物。康乐花园被东西连贯大道隔开,较后期的Connaught Avenue是一个占地8.66英亩的商业中心计划,包含2座3层高的商用产业(86个单位)和2座服务式公寓(385个单位)。经过数十年发展,康乐花园早已自成一格,成为一个拥有大量社区设施的市镇。例如华人寺庙、基督教堂、警局、油站、24小时快餐店以及霸级市场。这里还有数排商店,带有茶餐厅、餐馆、银行、专卖店等等。购物休闲方面,这里临近Leisure Mall以及凤凰广场,同时,不少院校在此落户,例如康乐华小、康乐国中、思特雅大学(UCSI)等。

    产业资讯一览

  • 名称: Taman Connaught
  • 地址: Cheras, 56000, Kuala Lumpur
  • 竣工日期: 80年代
  • 类型: 双层排屋
  • 产权: 租赁地契
  • 土地面积: 22' x 75'
  • 实用面积: 1,760 sf起
  • 转售价: RM340,000-RM1,300,000
  • 租金: RM900-RM3,500
  • 设施

  • 草场
  • 学校
  • 基督教堂
  • 华人寺庙
  • 警局
  • 分析

    康乐花园属于租赁产权住宅区,还剩大约70年租赁期。当地双层排屋房价已升至RM500,000。若以不菲价格买进一套楼龄不低,而且是租赁产权的物业,还期望它未来20年还会进一步升值,这是有点冒险。除非康乐居委会日后向当局提出把租赁产权转换成永久地契,情况就变得不一样。康乐花园的公寓单位则是不错的投资对象,只要有得体的公寓配套,可轻易出租给年轻上班族或在这里进修的院校生,每年可取得7% 至 9%租金回酬率。

    Location

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