Desa Muafakat is a low-cost development built on leasehold land. The development was completed in the year 2008 by Suria Bistari Development, which is a subsidiary of developing giant, IJM Properties. Other developments nearby include the future Nova Suites, Lagenda Tasek and Casa Impiana.Within Desa Muafakat, there are a total of two blocks, each having 10 and 12 storeys respectively. There are a total of 420 units of housing in both blocks and 10 units of lock-up shops located in block B. Typical units come with 3 bedrooms and 2 bathrooms, over a built-up of 680 sf. Being a low cost development, Desa Muafakat comes with very few facilities, having a prayer room, playground and a nursery in Block B for the convenience of parents.Desa Muafakat is located quite far from the city proper, therefore amenities are not conveniently accessible, but merely a few minutes away by car. The nearest mall is Plaza Larkin, whereas others such as Festive Street Mall, Plaza Angsana, Danga City Mall and KSL City Mall are easily accessible by car. The closest commercial area is Bandar Baru Uda where many banks and eateries could be found. Hospital Pakar Puteri is the closest hospital from the development.From Desa Muafakat, schools in the locale include SMK Bandar Baru Uda, SM Teknik Johor Bahru, and SMK Sultan Ismail. Easily accessible main roads such as Jalan Tun Abdul Razak and Jalan Skudai allows for easy access to Johor city proper as well as Singapore CIQ which is 10 to 15 minutes away by car.
Property Details
Name: Desa Muafakat Address: Jalan Suria Muafakat Utama, Taman Suria Muafakat, 81200 Johor Bahru, Johor Developer: Suria Bistari Development Sdn Bhd. (a subsidiary of IJM Properties) Completion Date: 2008 Type: Apartment Tenure: Leasehold No. of Blocks: 2 No. of Storey: 10, 12 No. of Units: 420 No. of Bedrooms: 3 No. of Bathrooms: 2 Built-up: 680 sf Land Area: 5.2 acres Launch Price: From RM35,000 - RM50,000 Subsale Price: From RM65,000 Rental: From RM700Layouts
Typical unit 3 bedrooms + 2 bathrooms (680 sf)Facilities
Playground Prayer room NurseryAnalysis
Desa Muafakat is a low-cost development which is situated next to IJM's other developments such as Casa Impiana. Desa Muafakat has seen very little appreciation over the years. A commercial hub named Nova Suites is being planned to be built in the vicinity, which would give its residents more access to amenities. Low-cost developments are excellent for investment purposes, being able to easily generate net positive cash flow; however, the key is to managing the property and the tenants well.
