Avalon is an exclusive limited-edition series of 3-storey semi-detached homes positioned in the seafront mixed development of Seri Tanjung Pinang, along the coast of Tanjung Tokong. Its 26 completed units, set on 40’ by 80’ plots with up to 4,000 sf of built-up areas, offer serene views of lush treetops and fields.
Each Avalon home is designed in a contemporary tropical colonial style, with details like deep overhangs from the signature red-tiled gabled roofs, spacious verandas and soaring ceilings up to 11-feet high to make the most of the sea breezes that ventilate the home. Living areas are open and versatile, while the 5+1 rooms all have their own bathrooms. The master bedroom-cum-study is particularly delightful, tucked in a studio-like space encompassing the entire top level of the house.
Seri Tanjung Pinang is a great location to stay in for residents who would like to live within a posh, safe and clean environment where entertainment, recreation, retail and F&B choices abound, for example in the form of the marina-facing Straits Quay, Penang Performing Arts Centre and the Straits Green public playground.
Education and medical facilities are scarce within the development itself, but residents will be able to easily access these in the surrounding mature townships like Tanjung Tokong and Pulau TIkus, such as the International School of Penang, Gleneagles Medical Centre and Adventist Medical Centre.
Of course, this is provided they own a car, as public transportation is not easy to come by in Seri Tanjung Pinang, with the nearest bus station being approximately a 10-minute walk away, at Tesco Seri Tanjung Pinang and Tanjung Park.
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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 (%) |
|---|---|---|---|---|---|
| Avalon | Apr 2009 |
RM 4,000,000
-
RM 4,000,000
RM 888 psf - RM 888 psf |
RM 7,000 - RM 7,000 | NIL | 2.1 % |
| Quayside | Apr 2017 |
RM 980,000
-
RM 26,000,000
RM 666 psf - RM 8,392 psf |
RM 2,500 - RM 2,500 | NIL | 0.82 % |
| One One Eight | 2012 |
RM 442,000
-
RM 530,000
RM 380 psf - RM 785 psf |
RM 1,800 - RM 1,800 | NIL | 5.68 % |
| Fettes Residences | June 2011 |
RM 1,100,000
-
RM 2,000,000
RM 649 psf - RM 1,000 psf |
RM 3,000 - RM 3,000 | NIL | 3.33 % |
| The Brezza | 2011 |
RM 620,000
-
RM 1,250,000
RM 496 psf - RM 862 psf |
RM 1,600 - RM 1,600 | NIL | 3.11 % |
| Straits Quay | Nov 2010 |
RM 900,000
-
RM 4,600,000
RM 836 psf - RM 1,422 psf |
RM 2,500 - RM 2,500 | NIL | 2.07 % |
| The Bayu | 2008 |
RM 520,000
-
RM 520,000
RM 650 psf - RM 650 psf |
RM 1,200 - RM 1,200 | NIL | 2.42 % |
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 | - | - | - |
| 500 - 1,000 SQ. FT | - | - | - |
| 1,000 - 1,500 SQ. FT | - | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 310,000 |
| Loan Amount ( 90 %) | RM 2,790,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
| Apply now | |
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.
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