Cascara 88 is a neighbourhood of modern and spacious double-story townhouses. The homes are built on elevated ground within the town of Teluk Kumbar, Penang, giving it an extra sense of spaciousness and airiness. Its position also enables a better view of the green hills surrounding the neighbourhood. The gated and guarded community of Cascara 88 has 80 units in total, making it low density and thus, enabling more privacy.
Residents will be able to make use of convenient amenities provided within the neighbourhood. These include a rooftop garden, barbecue area, children’s playground and community hall. There is even a multi-storey car park. Security measures include smart card access for entrance and exit though the neighbourhood's guardhouse, as well as 24-hour CCTV surveillance.
The freehold homes of Cascara 88 are spacious with standard units having built-up sizes of 1,550 sf. Although there is only 1 standard layout of 3+1 bedroom and 3 bathrooms for each unit, the practical design of the homes enable the spaces within to be flexible and practical for all functions and uses.
The units are also designed with high ceilings and wide windows to emphasise spaciousness as well as enable appreciation of the greenery around. The homes have now appreciated to about RM550,000 since their completion in 2013. Units can also be rented at around RM1,000 per month.
Cascara 88 is situated within close proximity to other amenities such as eateries, convenience stores, banks, pharmacies, clinics and many more. Educational institutions like SK Titi Teras, SJKC Sacred Heart, SMK St George’s and SK St George’s are around 15 minutes away.
Cascara 88 is strategically situated, making it accessible via Jalan Teluk Kumbar, which connects to other major roads such as the Tun Dr. Lim Chong Eu Expressway and Jalan Sultan Azlan Shah. The Penang International Airport, Bayan Lepas industrial areas and the second Penang bridge is also within 15 minutes of the neighbourhood.
Cascara 88 homes are ideal for families with parents who are working in Bayan Lepas and even the mainland, as well as for those who would like to invest in a home to settle down and start a family. Given its convenient location, spacious built-up of the units and the developing town of Teluk Kumbar, the freehold homes seem to be a good consideration for long-term 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 (%) |
|---|---|---|---|---|---|
| Cascara 88 | 2013 |
RM580,000
-
RM680,000
RM 374 psf - RM 419 psf |
From RM1,000 | NIL | NIL |
| Sunway Aspera | June 2012 |
RM710,000
-
RM850,000
RM 342 psf - RM 425 psf |
RM1,150 - RM1,150 | NIL | 1.77 % |
| TK Residence | June 2012 |
RM800,000
-
RM918,000
RM 421 psf - RM 510 psf |
From RM900 | NIL | NIL |
| Verona Thirty-Two | 2012 |
RM800,000
-
RM1,050,000
RM 307 psf - RM 525 psf |
NIL | NIL | NIL |
| Taman Kumbar Permai | 2001 |
RM299,000
-
RM350,000
RM 276 psf - RM 324 psf |
RM1,000 - RM1,000 | NIL | 3.38 % |
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 55,000 |
| Loan Amount ( 90 %) | RM 495,000 |
| 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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