Financials – Verve Suites, Mont Kiara, Kuala Lumpur, Malaysia
Pricing
Luxurious 2 bed apartments from 926 sq ft @ 1,032,800 RM / circa £208k gbp / $325k usd
A furniture pack is included in the price, please ask us for details and the latest availability
There is a 5% developer discount for Claire Brown Realty clients!
Payment Schedule10000 MYR reservation fee (circa $3k USD)
10% upon signing
10% sub structure
15% frame and floor
10% wall, door and window frame
10% roof, electrics, plumbing
10% plastering and wall tiles
5% waste works
5% drainage
5% roads
12.5% vacant possession
2.5% sub division
2.5% 6 months after vacant possession
2.5% 18 months after vacant possession
Finance
Up to 70% finance is available to foreign buyers and there are no encumbrances to foreign freehold ownership.
Maintenance
The monthly maintenance fee is circa $92 usd per month
Completion
Vox Tower will be completed Q4 2013
Rental Returns
6 – 10% per annum based on the current returns at Viva Tower
Capital Appreciation
Between now and completion we expect the units to increase in value by approx 15-20%. Capital appreciation should be around 10% per year in Malaysia in the current economic climate.
Tenure
These properties are freehold
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