Plaza 393, Cheras

Plaza 393 is a leasehold apartment located along Jalan Peel in Maluri, Cheras. It is located near to Queen’s Park, Queen’s Avenue and Pasaraya HRC. It offers units with a built-up area of 1,650 sf with 4 bedrooms and 3 bathrooms. Some of the facilities provided are like covered parking lots, business centre, mini market, cafeteria and a 24-hour security.
Plaza 393 sits atop Carrefour Hypermarket which is an extremely convenient amenity as the supermarket houses ample choices of basic necessities as well as fresh produce. Besides this immediate amenity, residents or tenants can also head over to Queen’s Park which is situated just a short walk away from the apartment.
Queen’s Park houses several restaurants, workshops, cafes like Starbucks as well as boutiques such as MNG Outlet Store. Besides Queen’s Park, there are also shopping areas like Queen’s Avenue and Pasaraya HRC located within a stone’s throw away. As for medical amenities, the MAA-MEDIcare Sungai Besi is positioned just a 4 minutes short drive away. There are several schools that are sited within near proximity to Plaza 393 such as SMKJ Cochrane, SM Cochrane Perkasa, SMK Convent J Peel as well as SK Convent J Peel which are all positioned within a short 5 minutes drive or a short walk away.
Jalan Peel and Jalan Shelly are some of the routes to access Plaza 393. You can easily access Jalan Cheras, Jalan Loke Yew, Jalan Sungai Besi, Jalan Pudu, Middle Ring Road 2 and even the KL – Putrajaya Maju Expressway (MEX). Apart from that, there are also several bus stations that are located along Jalan Shelly and Jalan Peel in which are within a short walk away from Plaza 393.

Property Details

Name: Plaza 393
Address: 61, Jalan Peel, Taman Maluri, Cheras, Kuala Lumpur
Type: Apartment
Tenure: Leasehold
No. of Bedrooms: 4
No. of Bathrooms: 3
Built-up: 1,650 sf
Subsale Price: RM200,000 - RM580,000
Rental: RM1,200 - RM2,500

Facilities

Covered parking lots
Cafeteria
24 hours security
Business centre
Mini market

Analysis

Plaza 393 is a viable investment as many buyers actually rent out rooms to the expatriates who wanted a living area that feels like home in a foreign country. Even if you rent a whole unit, you would most probably earn 6% of rental yield. There were positive feedback regarding the surroundings of the apartment, stating the environment is clean and comfortable and most importantly, it feel like home away from home to many of the foreigners who have stayed there.