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Bukit Pelangi is one of the many low rise apartments situated on the hills of Penang. It sits on elevated land and offers a low density to its residents with its very limited units. Despite its lack of facilities and seemingly uninspiring facade, the prices of Bukit Pelangi have been increasing massively over the years. One of the assets of Bukit Pelangi which attracts buyers is its beautiful views overlooking the seas of Penang.
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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 (%) |
---|---|---|---|---|---|
Bukit Pelangi | 0 |
RM550,000
-
RM595,000
RM 572 psf - RM 619 psf |
NIL | NIL | NIL |
One Tanjong | Nov 2014 |
RM2,700,000
-
RM4,100,000
RM 567 psf - RM 863 psf |
RM7,500 - RM7,500 | NIL | 2.75 % |
Skyhome | Feb 2010 |
RM3,900,000
-
RM4,300,000
RM 619 psf - RM 682 psf |
RM8,000 - RM8,000 | NIL | 2.3 % |
Springtide Residences | 2009 |
RM3,650,000
-
RM3,800,000
RM 715 psf - RM 950 psf |
RM8,500 - RM8,500 | NIL | 2.54 % |
The Cove | 2007 |
RM2,700,000
-
RM12,000,000
RM 450 psf - RM 666 psf |
RM6,500 - RM6,500 | NIL | 1.16 % |
Sri Golden Bay | 1998 |
RM1,900,000
-
RM2,800,000
RM 693 psf - RM 970 psf |
RM3,900 - RM3,900 | NIL | 1.94 % |
Tanjung Tiara Apartment | 1998 | From RM625,000 | RM2,000 - RM2,000 | NIL | NIL |
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 450,000 psf | - |
1,000 - 1,500 SQ. FT | RM 498 psf | RM 670,219 psf | - |
1,500 - 2,500 SQ. FT | RM 478 psf | - | - |
2,500 - 4,000 SQ. FT | RM 328 psf | RM 1,652,500 psf | - |
4,000 SQ. FT and above | RM 608 psf | RM 3,650,000 psf | - |
Note:
Down Payment (10%) | RM 77,000 |
Loan Amount ( 90 %) | RM 693,000 |
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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