Venice Hill, Taman Kemacahaya
Venice Hill is a freehold apartment located in Taman Kemacahaya, Batu 9 Cheras. It comprises Palazzo Azura. The built-up available at this project is 1,400 sf to 1,538 sf. It was developed by Li-Foong Group, and was completed in around 2000.
Li-Foong Group is a boutique property development group, and it has built about 3 property projects in Malaysia. Other similar projects by the same developer are Palazzo Azura and Sri Impian Condominium.
This apartment has some amenities nearby, e.g. schools and universities. The following are some schools here:
- SJK (C) Batu 9 Cheras
- SK Taman Puteri
- Smart Student International School Ssis
The current market prices for Venice Hill are from RM250,000 to RM260,000 (about RM170 psf); while the monthly rentals are from RM1,000 to RM1,100 (about RM0.65 psf). The highest median price psf ever recorded was RM192 psf in Q2 2017; while the lowest one was RM88 psf in Q1 2010.
The current rental yield of Venice Hill is around 5.54%, compared to 4.29% a year ago in Q1 2018. The highest rental yield ever recorded was 10.31% in Q1 2011; while the lowest one was 4.0% in Q4 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Venice Hill is 3-bedroom / 1,538 sf with a median price of RM170 psf. For price wise, the most expensive one is 3-bedroom / 1,400 sf with a median price of RM180 psf; while the cheapest one is 3-bedroom / 1,538 sf with a median price of RM170 psf.
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