Eutelia - J-PropVes | Home

Week 3
October
13
Eutelia
@ D’Mayang Sari, Nilai
Developer | BOTANIC ACRES DEVELOPMENT SDN BHD
(related company of Seri Pajam Development Sdn Bhd)
J-Propves Analyze
Project Induction
D’Mayang Sari is the latest residential development in Nilai, Negeri Sembilan, which is
currently hot with property buyers. It is located near to KLIA, KLIA 2, Putrajaya, Cyberjaya
and Klang Valley. As such, with the affordable and spacious landed residential properties in
Nilai, it has attracted a lot of buyers from Klang Valley. This means they stay in Nilai but
work in KLIA, Putrajaya, Cyberjaya and Klang Valley.
Nilai is an education hub by itself with established education institutions such as Inti
International University, Nilai University, Manipal International University, University Sains
Islam Malaysia, Islamic University College of Malaysia and etc.
Developed by the reputable and award winning developer, Seri Pajam Development, this
residential development sits on 64 acres of Freehold land. Within 64 acres, almost 10% of
the total land usage will be utilize for green areas for recreational and outdoor exercise.
Eco Lake, Linear Garden, Shaded Playground, Maze Garden and Kite lawn are some of the
green components in D’Mayang Sari.
Eutelia will be the first phase of double storey terrace homes to be launched in D’Mayang
Sari. The land size is 20ft. x 60ft. and built-up of 1,934sq.ft., just slightly below 2,000sq.ft.,
which is quite spacious for a land size of just 1,200sq.ft. The starting price is from
RM475,000, which translate to RM246 psf.
The sales response from Phase 1 of D’Mayang Sari has been very encouraging and the
developer is currently doing registration for their Phase 2.
For further information, please contact Seri Pajam Development sales team at 06-799 2218.
Enquiries can also be send through us at [email protected] or by clicking the
“contact us” at our website.
Prepared by J-PropVes.com.my
Updated : 13.10.2014
Project Fact
Price
RM 475,000 – RM742,900
Name
Eutelia @ D’Mayang Sari
Location
Senawang @ Seremban, Negeri Sembilan
Price psf (RM)
RM246
Built-Up (sq.ft)
1,934sq.ft. – 2,008sq.ft.
Land Area
20ft. x 60ft.
Land Tenure
Freehold
Title Type
Individual Residential
No. of Bedroom
4+1
No. of Bathroom
4
Furnishing
Not Furnished
Property Type
2 Storey Link Homes
Facilities
5.7 acres Green Area
Eco Lake
Kite Lawn
Shaded Playground
Linear Garden
Maze Garden
Guarded Community
Total Unit
162
Developer
Botanic Acres Development Sdn Bhd
(a related company of Seri Pajam Development Group)
Completion Date
September 2016 (2 years from SPA)
Nusa Intan
Prepared by J-PropVes.com.my
Updated : 13.10.2014
Floor Plan
Prepared by J-PropVes.com.my
Updated : 13.10.2014
Location
25 minutes driving time to Kuala Lumpur
25 minutes driving time to KLIA & KLIA2
25 minutes driving time to Cyberjaya
20 minutes driving time to Putrajaya
20 minutes driving time to Kajang & Semenyih
15 minutes driving time to Bangi
15 minutes driving time to Seremban
10 minutes driving time to LEKAS Expressway
5 minutes driving time PLUS Expressway
Prepared by J-PropVes.com.my
Updated : 13.10.2014
Developer
1) Experience and reputable with years of experience in property industry.
2) Currently, the developer has 7 ongoing developments :a. D’Mayang Sari @ Nilai
b. Nada Alam @ Nilai
c. Citra Hill @ Pajam
d. Bandar Warisan Puteri @ Seremban
e. Perdana College Heights @ Pajam
f. Nusa Intan @ Seremban
g. Tiara Heights @ Sepang
For other Seri Pajam Development project details, please refer to their website at
www.seripajam.com.my
3) Recently, they have won Asia Pacific Property Awards 2014 – 2015, in Best Residential
Landscape Architecture Malaysia category.
4) Experience building contractor turn developer which won Malaysian Construction
Industry Excellence Awards in 2010.
5) Aggressively promoting their developments via social media, exhibitions, road shows,
print advertisements and etc.
Unique Point
1) Spacious layout of 4 rooms + 1 utility + 1 family hall with just 20’ x 60’ land size.
2) Located nearby amenities, public transports, education institutions and crucial
expressways.
3) Quick check found limited new terraces launching in Nilai. In our opinion, this can
mean limited incoming new affordable landed homes supply and good future value
appreciation.
Prepared by J-PropVes.com.my
Updated : 13.10.2014
Pricing
RM260
RM256
RM255
RM250
RM246
RM245
RM240
RM240
RM235
RM230
RM230
RM227
RM225
RM220
RM215
RM210
Eutelia @
D'Mayang Sari
Kasia Greens @
Desa Kasia
Delfina TreeO @ Cempaka Suria 3
Nilai Spring
Nilai Impian
@ Kota Seriemas Heights @ Putra
Nilai
Figure 1 : Psf Comparison
Development
Developer
Type
Tenure
Built-Up
Price
Psf
Eutelia @ D’Mayang
Sari
Seri Pajam
Development
2 Storey Link
Homes
Freehold
1,934 –
2,008
475,000 –
742,900
RM246
Kasia Greens @ Desa
Kasia, Nilai
Ireka Group
2 & 3Storey
Link Homes
Freehold
2,286 –
3,334
584,700 –
1,295,700
RM256
Delfina TreeO @ Nilai
Impian
Sime Darby
2 Storey Link
Homes
Freehold
2,162
518,000 &
above
RM240
Cempaka Suria 3 @
Kota Seriemas, Nilai
PNB Development
2 Storey Link
Homes
Freehold
2,142
492,888 &
above
RM230
Nilai Spring Heights
@ Putra Nilai
BBN Development
2 Storey Link
Homes
Freehold
2,400
545,000 –
913,000
RM227
Figure 2 : Project Comparison
Eutelia pricing will not be the most competitive among the others shown in the table due to
limited new terrace homes supply in Nilai. Do take note that Kasia Greens and Nilai Spring
Heights have been in the market for quite some time.
Also, in terms of affordability, Eutelia will be the most affordable as it has the lowest minimum
selling price of RM475,000.
We believe that there will still be new supply of landed terrace homes coming in the future
but the prices and sizes will not be as generous as of current time.
Prepared by J-PropVes.com.my
Updated : 13.10.2014
Buying Terms
1) RM5,000 booking fee.
2) Legal fee for SPA absorbed by developer.
ESTIMATED PAYMENTS, ROI AND VALUE APPRECIATION
Unit Details
Type
:
Eutelia
Land Area
:
20’ x 60’
Built-Up
:
1,934sq.ft.
Purchase Price
:
RM475,000
Intermediate Lot
RM
PAYMENTS TO DEVELOPER
Initial Payment / Booking Fee
Downpayment
1st 10% of Purchase Price
(-) All Rebates
Other Discount
Net Downpayment Payable
5,000
47,500
0.00
42,500
TOTAL AMOUNT PAYABLE TO DEVELOPER
RM47,500
Note:
 All calculations are based on the information obtained and assumptions based
on the time the analysis has been carry out.
 Assumption that Other discount is still applicable and can be utilized as part of
1st 10% downpayment.
Table 1 | Payment to developer
Prepared by J-PropVes.com.my
Updated : 13.10.2014
MONTHLY LOAN REPAYMENT
Loan margin
Loan Amount
Monthly Repayment
Total Repayment
Total Interest Payment
Note:



90%
70%
427,500
2,179
784,368
356,868
332,500
1,695
610,064
277,564
The above loan amount is based on the loan margin of Non-Bumi gross
purchase price, excluding MRTA or other costs.
The above assumption is based on loan tenure for 30 years / 360 months.
The above assumption is based on interest rate of BLR - 2.4% (BLR = 6.85% as at
10.10.2014).
Table 2 | Monthly Loan Repayment
LEGAL FEE & STAMP DUTY PAYABLE
Sales & Purchase Agreement (SPA)
SPA Legal Fees
SPA Disbursement Charges
Total Cost for SPA
RM
4,558
280
4,838
RM
4,558
280
4,838
Loan Documentation
Loan Legal Fees and Disbursement
Stamp Duty on Loan Documents
Total Cost for Loan Documentation
90% Loan
4,836
2,138
6,974
70% Loan
4,131
1,663
5,794
Memorandum of Transfer (MOT)
Stamp Duty for MOT
8,500
8,500
20,312
19,132
TOTAL PAYBLE FOR LEGAL FEES & STAMP DUTY
Note:

All payment calculations to solicitor on SPA, loan documentation and MOT is estimated base on
standard guideline, thus the actual cost from solicitor might differ from the above illustration.

Table 3 | Legal Fees & Stamp Duty
Prepared by J-PropVes.com.my
Updated : 13.10.2014
VALUE APPRECIATION UPON COMPLETION estimation
Value 1
Value 2
Market Value (Using estimated psf x Eutelia b.u.)
495,104
570,530
( - ) Actual Selling Price
475,000
475,000
20,104
95,530
4.23%
20%
Value Appreciation
Note:





Value 1 : estimated based on highest psf as shown in Figure 1 which is RM256 per sq. ft.
(Kasia Greens)
Value 2 : estimated based on 20% increment on current psf. (= RM295/sq. ft.)
20% increment in price is the normal appreciation for a property from developer launching
price compare to sub sale price once receive vacant possession, especially in Klang Valley.
The market selling price per.sq.ft. sources are by referring to other property website portal,
print media and others.
The above estimated market value & value appreciation is based on the time when the
analyze is done by referring to other developments pricing per sq.ft. and shall not be
construed as the actual or future selling price per sq.ft. for the analyzed development.
Please take note that the future actual selling price per sq.ft. may vary depending on time
and other relevant factors.
Table 4 | Estimation on Value Appreciation Upon Completion
For more information or if you have further enquiry, please email to us at
[email protected]
Or to contact the developer sales and marketing team directly at
014 643 8258 (Auwal) | 017 430 0903 (Joe) | 016 368 6942 (Zul) |
012 634 5655 (Eddie) | 06 799 2218 (Office)
Source : All information’s, details, pictures, plans, facts are obtain via various sources such as at www.seripajam.com.my, Eutelia @
D’Mayang Sari marketing materials, exhibitions, other property related websites and etc.
DISCLAIMER : While every reasonable care has been taken to prepare this analyze report, J-PropVes and its agents cannot be held
responsible for any inaccuracies. All statements are believed to be correct but should not be regarded as representatives of facts. All
calculations are based on estimation only and should not be regarded as representatives of facts. Renderings and illustrations are
artists’ impressions only and cannot be regarded as facts. Terms and conditions apply.
Prepared by J-PropVes.com.my
Updated : 13.10.2014
Photos Gallery
D’Mayang Sari Actual Site
Photo by J-PropVes
North South Expressway Exiting Nilai / Pajam
Photo by J-PropVes
Prepared by J-PropVes.com.my
Updated : 13.10.2014
Massive Earthwork @ Nilai Impian
Photo by J-PropVes
New Wholesale Mall Under Construction @ Nilai 3
Photo by J-PropVes
KTM Station @ Batang Benar
Photo by J-PropVes
Prepared by J-PropVes.com.my
Updated : 13.10.2014
Sport Complex @ Nilai
Photo by J-PropVes
Nilai Medical Centre
Photo by J-PropVes
Nilai International School
Photo by J-PropVes
Prepared by J-PropVes.com.my
Updated : 13.10.2014
Nilai International University
Photo by J-PropVes
Inti International University
Photo by J-PropVes
SOURCE : All information’s, details, pictures, plans, facts are obtain via various sources such as at developer
website, properties website, marketing materials, exhibitions, sales gallery and etc.
DISCLAIMER : While every reasonable care has been taken to prepare this analyze report, J-PropVes and its agents
cannot be held responsible for any inaccuracies. All statements are believed to be correct but should not be regarded
as representatives of facts. All calculations are based on estimation only and should not be regarded as
representatives of facts. Renderings and illustrations are artists’ impressions only and cannot be regarded as facts.
Terms and conditions apply.
Prepared by J-PropVes.com.my
Updated : 13.10.2014