Leisure Farm, Nusajaya

Leisure Farm (also known as Leisure Farm Resort Residence) is a freehold development that consists of bungalow land plots located in Nusajaya, Johor Bahru. It comprises Admiral Heights, Bayou Bay, Bayou Creek, Bayou Grove, Bayou Water Village, Canal Park, Garden Court, Merbok Springs, Palm Grove, Pinggiran Bayou and Victoria Meadows. The built-up available at this project is 3,721 sf to 4,800 sf for houses. It was developed by Mulpha International Bhd.

Mulpha International Bhd is a medium-scale property developer listed on Bursa Malaysia, and it has built about 13 property projects in Malaysia. Other similar projects by the same developer are Bayou Bay, Bayou Creek, Bayou Grove, Bayou Water Village, Canal Park, Garden Court, Merbok Springs, Pinggiran Bayou, Raintree Residence and Victoria Meadows.

Property Type
Bungalow Land
Land Tenure
Freehold
Built-up
3,721 sf - 4,800 sf (House)
Market Price
RM2,310,000 - RM5,180,000 (House)
Density
-NA-
Completed In
-NA-
Developer
Mulpha International Bhd
Launch Price
-NA-

This development that consists of bungalow land plots is not very ideal for own stay or investment, as it has no amenities around.

The current market prices for Leisure Farm are from RM2,310,000 to RM5,180,000 (about RM1,080 psf) for houses; while the monthly rentals are from RM2,300 (about RM1.56 psf) for houses. The highest median price psf ever recorded was RM1,000 psf in Q3 2013 (House) and RM124 psf in Q1 2018 (Land); while the lowest one was RM125 psf in Q2 2017 (House) and RM107 psf in Q3 2018 (Land).

The current rental yield of Leisure Farm is 3.0% for houses. The highest rental yield ever recorded was 5.0% in Q4 2014 (House); while the lowest one was 2.78% in Q1 2018 (House). Meanwhile, the most common unit layouts and sizes available here are as follows:

House Layouts

The most popular layout and size combination at Leisure Farm for houses is 4-bedroom / 4,800 sf with a median price of RM1,080 psf. For price wise, the most expensive one is 4-bedroom / 4,800 sf with a median price of RM1,080 psf; while the cheapest one is 4-bedroom / 3,721 sf with a median price of RM620 psf.

Latest Leisure Farm for sale listings:

DateTypeBuilt-upPrice
13-Dec-18House8,000 sfRM10,000,000
13-Dec-18House4,272 sfRM3,100,000
13-Dec-18Semi-Detached3,721 sfRM2,100,000
13-Dec-18Semi-Detached3,721 sfRM2,295,000
13-Dec-18House4,498 sfRM3,100,000
13-Dec-18House4,747 sfRM4,800,000
13-Dec-18Semi-Detached1,719 sfRM1,250,000
13-Dec-18House5,500 sfRM3,780,000
13-Dec-18Semi-Detached3,650 sfRM2,600,000
13-Dec-18House9,000 sfRM7,500,000

Latest Leisure Farm for rent listings:

DateTypeBuilt-upRental
09-Dec-18Terrace1,477 sfRM1,650
08-Dec-18Terrace2,500 sfRM2,500
08-Dec-18Semi-Detached3,721 sfRM4,000
08-Dec-18Semi-Detached3,721 sfRM5,000
08-Dec-18House4,600 sfRM8,000
08-Dec-18House5,500 sfRM6,000
08-Dec-18House8,500 sfRM15,000
08-Dec-18House4,000 sfRM9,000
27-Nov-18Terrace1,477 sfRM1,700
27-Nov-18Terrace-NA-RM3,500