BayAvenue is a commercial hub in Bayan Indah which is also known as Bay Avenue. It is one of the older commercial centres in the area which its age shows in its exterior. Accessibility to this area is however excellent, with several Rapid Penang busses passing by BayAvenue. Queensbay Mall is also nearby, providing good exposure to tenants of BayAvenue.
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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 (%) |
|---|---|---|---|---|---|
| BayAvenue | 2007 | RM2,200,000 - RM4,100,000 | RM2,800 - RM8,000 | NIL | 2.06 % |
| Taman Pantai Indah | Dec 2016 | NIL | NIL | NIL | NIL |
| Victoria Bay | 2015 | From RM1,440,000 | NIL | NIL | NIL |
| Summerton Condominium | Apr 2014 |
RM680,000
-
RM1,900,000
RM 415 psf - RM 829 psf |
RM1,700 - RM1,700 | NIL | 2.43 % |
| Summerton Bayan Indah | 2014 |
RM1,200,000
-
RM1,900,000
RM 652 psf - RM 806 psf |
RM1,800 - RM1,800 | NIL | 1.89 % |
| Taman Jerejak Villa | 2011 |
RM428,000
-
RM428,000
RM 503 psf - RM 503 psf |
From RM2,500 | NIL | NIL |
| The Uban Residence | 2010 |
RM890,000
-
RM1,300,000
RM 423 psf - RM 650 psf |
RM2,200 - RM2,200 | NIL | 2.14 % |
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 | RM 482 psf | - | RM 2,239 psf |
| 1,000 - 1,500 SQ. FT | - | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | RM 518 psf | RM 95 psf | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 220,000 |
| Loan Amount ( 90 %) | RM 1,980,000 |
| 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.
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