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Desa Permata, a low-cost freehold apartment in Farlim, Penang completed in the mid-90s, has residential units spread out over 8 apartment blocks. Typical of many lower cost apartments in Penang, its units come with a standard and compact 700 sf layout configured with 3 bedrooms and 2 bathrooms, while the facilities provided include covered parking lots on the ground floor of the apartment and 24-hour security.
What sets Desa Permata apart from some of the other low-cost properties, however, is its location. The apartment is set close to main roads like Jalan Paya Terubong, Lebuhraya Thean Teik and Jalan Thean Teik, resulting in easy access to Georgetown, adjacent neighbourhoods and other parts of the island. Furthermore, those who do not own private vehicles can catch a bus to places like Georgetown and the Air Itam town from bus stops situated along Jalan Paya Terubong.
Also, within Farlim, there are plenty of shops and eateries to pick from. The Econsave and Sunshine Farlim hypermarkets are also situated in and around Farlim itself, as are schools like SJK (C) Kong Min Cawangan 2, SJK (C) Chiao Nan, SK Ayer Itam and SK Sri Aman, making Desa Permata a low-cost, albeit aged, living option for those who work in the vicinity of Farlim.
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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 (%) |
---|---|---|---|---|---|
Desa Permata | 1995 |
RM230,000
-
RM368,000
RM 328 psf - RM 525 psf |
RM550 - RM550 | NIL | 3.87 % |
View Court | 2013 |
RM538,000
-
RM688,000
RM 427 psf - RM 546 psf |
RM1,300 - RM1,300 | NIL | 2.05 % |
Puncak Terubong | 2008 |
RM220,000
-
RM290,000
RM 314 psf - RM 412 psf |
RM650 - RM650 | NIL | 3.28 % |
Desa Baiduri | 1998 |
RM135,000
-
RM240,000
RM 192 psf - RM 352 psf |
RM600 - RM600 | NIL | 3.78 % |
GL Garden | 1998 |
RM300,000
-
RM398,000
RM 400 psf - RM 568 psf |
RM750 - RM750 | NIL | 2.25 % |
Fairy Heights | 1985 |
RM399,000
-
RM420,000
RM 525 psf - RM 532 psf |
RM900 - RM1,100 | NIL | 2.71 % |
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 25,500 |
Loan Amount ( 90 %) | RM 229,500 |
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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