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Cangkat Delima at Greenlane, Penang is a freehold residential development housing a vast number of terraces that has been built quite a long time ago. The terrace homes come in either single- or double-storey with a car porch that is enough to fit a car or two. Facilities are pretty much non-existent and that is quite normal for landed properties, especially those that have been around for a while. This is a non-gated nor guarded community.
Amenities around the area are sufficient along Jalan Masjid Negeri where you can find all the usual cafes, restaurants, clinics, banks, and many other shop lots. Major hubs like the Batu Lanchang Market, a Tesco Hypermarket, and Bukit Dumbar Park are all within 5 km of Cangkat Delima. Good to note is that Hospital Lam Wah Ee is actually less than 1 km away.
Quite a number of schools are also in the vicinity like SMK Bukit Gambir, SK Bukit Gelugor, SK Minden Height, SMJK Chung Hwa, SMJK Heng Ee, SMK Hamid Khan, SRJKC Jelutong and higher learning institutions like Universiti Sains Malaysia.
Accessibility is great with Cangkat Delima being reachable through Jalan Masjid Negeri, which itself is connected closely to Lebuhraya Gelugor and Lebuhraya Tun Dr Lim Chong Eu. That in turn will either bring you to Georgetown on the north or the first Penang bridge to the south in 20 minutes and that is due to Cangkat Delima being in between those two major locations. Jalan Masjid Negeri can be quite congested during peak hours especially on weekdays. Those wanting public transportation can head over to the many the Rapid Penang bus stops stationed along that very road as well.
Cangkat Delima has seen some weathering and could do with proper maintenance. Nevertheless its key location will great be a boon to those working nearby and it serves as a great investment.
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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 (%) |
---|---|---|---|---|---|
Cangkat Delima | 0 |
RM1,400,000
-
RM3,000,000
RM 568 psf - RM 937 psf |
RM1,600 - RM1,600 | NIL | 1.04 % |
Pulse | Aug 2012 |
RM350,000
-
RM430,000
RM 396 psf - RM 537 psf |
RM900 - RM900 | NIL | 3.77 % |
The Oasis | 2012 |
RM480,000
-
RM730,000
RM 444 psf - RM 657 psf |
RM1,300 - RM1,300 | NIL | 3.37 % |
Delima Palace | Mar 2010 |
RM1,050,000
-
RM1,600,000
RM 403 psf - RM 615 psf |
RM3,000 - RM3,000 | NIL | 2.62 % |
Vista Gambier | 2009 |
RM598,000
-
RM750,000
RM 445 psf - RM 558 psf |
RM1,500 - RM1,500 | NIL | 2.82 % |
Greenlane Park | 2005 |
RM390,000
-
RM980,000
RM 425 psf - RM 689 psf |
RM950 - RM950 | NIL | 2.32 % |
Mutiara Place | 2003 |
RM520,000
-
RM650,000
RM 472 psf - RM 541 psf |
RM1,500 - RM1,500 | NIL | 2.74 % |
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 | RM 489 psf | - | RM 682 psf |
1,500 - 2,500 SQ. FT | RM 451 psf | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | RM 2,580,000 psf | - |
Note:
Down Payment (10%) | RM 106,000 |
Loan Amount ( 90 %) | RM 954,000 |
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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