Arte S is part of a series of successful developments in the city of Kuala Lumpur, namely Arte SW, Arte KL, Arte + and Arte Mont Kiara. These highly successful developments are targeted exclusively to the upmarket with a taste of unusual designs, as they are designed in a unique, picturesque and psychedelic manner.
Arte S of Penang is no different from its sibling developments, and is set to change the skylines of the island of Penang with its architectural brilliance. It will boast a rotating fin geometry, hence the angle from every floor will be different. This lifestyle icon will have four storeys of PODs located on the 35th floor as an entertainment space where residents can entertain guests in style and comfort.
Guests at Arte S will first be greeted by an open concept art-inspired lobby, which will instill flowing art into its designs, replacing reality with fantasy. Located in the skies of Penang will be a four layered outdoor pool offering outstanding views from its perch. To be the first in the world will be the hanging Jacuzzi at Arte S where residents can literally enjoy luxuriating in a Jacuzzi hanging above a pool while enjoying the views of Penang Island.
Strategically located on the island of Penang, Arte S will be situated on elevated land surrounded by nature amongst some of the most prominent high rises in the hills of the area. Units facing towards the East will enjoy views of the ocean from the higher floors, while units facing West will have views of lush green nature. The main roads of Tun Dr Lim Chong Eu Expressway will only be minutes away, while the Penang Bridge is only slightly further. Centrally located, getting to both Bayan Lepas and Georgetown will be equally as convenient.
Arte S is located in Bukit Gambier, and aims to be the tallest tower in Penang. The blueprint of Arte S makes it one of the most unusual developments in Penang with the intention of attracting the younger generation who are looking for a different style of living.
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
| Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
|---|---|---|---|---|---|
| Arte S | 2016 |
RM440,000
-
RM1,200,000
RM 373 psf - RM 883 psf |
RM1,200 - RM1,200 | NIL | 3.34 % |
| White Lily | 2012 |
RM1,320,000
-
RM1,320,000
RM 571 psf - RM 571 psf |
NIL | NIL | NIL |
| Ideal Regency | Dec 2009 |
RM550,000
-
RM820,000
RM 387 psf - RM 608 psf |
RM1,200 - RM1,200 | NIL | 3.24 % |
| The Palazzia | 2009 | RM700,000 - RM900,000 | RM1,800 - RM2,600 | NIL | 3.3 % |
| Palm Palladium | Oct 2008 |
RM617,000
-
RM950,000
RM 457 psf - RM 577 psf |
RM1,300 - RM1,300 | NIL | 2.2 % |
| Desa Airmas | 2007 |
RM500,000
-
RM1,200,000
RM 468 psf - RM 618 psf |
RM600 - RM600 | NIL | 1.41 % |
| Plaza Ivory | 2004 |
RM435,000
-
RM920,000
RM 340 psf - RM 611 psf |
RM430 - RM430 | NIL | 2.15 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
| Non-Landed | Landed | Commercial | |
|---|---|---|---|
| 0 - 500 SQ. FT | - | - | RM 451 psf |
| 500 - 1,000 SQ. FT | RM 456 psf | - | RM 816 psf |
| 1,000 - 1,500 SQ. FT | RM 521 psf | - | - |
| 1,500 - 2,500 SQ. FT | - | - | RM 510 psf |
| 2,500 - 4,000 SQ. FT | - | RM 2,090,000 psf | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 85,000 |
| Loan Amount ( 90 %) | RM 765,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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