East Ledang, Nusajaya
East Ledang is a freehold landed housing estate located in Nusajaya, Johor Bahru. It consists of Harmony Park, Inspiration Park, Melody Park, Noble Park, Serenity Park and Tranquility Park. There are 861 units available at this project with built-up from 3,257 sf to 3,800 sf. It was developed by UEM Land Bhd with a launch price of around RM650 psf, and was completed about 2015.
UEM Land Bhd is a mid-sized real estate company listed on KLSE, and it has undertaken around 8 real estate projects in Malaysia. Other similar projects by the same developer are Harmony Park, Inspiration Park, Melody Park, Noble Park, Serenity Park and Tranquility Park.
This landed housing estate is not very ideal for own stay or investment, because it has no amenities nearby.
The current market prices for East Ledang are from RM1,900,000 to RM2,310,000 (about RM500 psf); while the monthly rentals are not known at this time. The highest median price psf ever recorded was RM709 psf in Q3 2014; while the lowest one was RM407 psf in Q1 2017.
The current rental yield of East Ledang is around 3.29%, compared to 3.59% a year ago in Q2 2018. The highest rental yield ever recorded was 7.58% in Q4 2012; while the lowest one was 2.57% in Q1 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at East Ledang is 4-bedroom / 3,800 sf with a median price of RM500 psf. For price wise, the most expensive one is 4-bedroom / 3,257 sf with a median price of RM710 psf; while the cheapest one is 4-bedroom / 3,800 sf with a median price of RM500 psf.
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