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Emerald Collection
Lorong Teluk Kumbar 1, 11920 Teluk Kumbar, Penang
Semi Detached
Details:
Developer
Rich Entrepreneur Development
Property Details
From RM1,150,000
From RM1,200
Built Up
From 2,900 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
NIL
Total Storeys
2
Total Units
NIL
Parking
Min. 2
Description
Emerald Collection is a development of double-storey semi-detached homes within Teluk Kumbar, a region situated on the southern tip of Penang island. The homes are built on freehold land within walking distance of the Malacca Straits’ coastline.
The semi-detached homes at Emerald Collection are spaciously built, measuring 2,900 sf in built-up size. The homes are only available in 1 layout, with an impressive 6 bedrooms and 5 bathrooms, ideal for large families. There are several units of these sizeable, double-storey detached Emerald Collection units on the market for prices of approximately RM1,150,000. As most of the units have been occupied before, many units for rent now can be found partially or even fully furnished at rental rates of around RM1,200.
Emerald Collection residents can also be pleased with the convenience of living within a matured community with many businesses already set up in the rows of commercial shop-lots in the neighbourhood. These include sundry shops, mini markets, banks, pharmacies and many more.
Other amenities within acceptable distance from the Emerald Collection homes are the Giant hypermarket in Bayan Baru, Sunshine Square, D’Piazza Mall, and the popular Queensbay Mall. School choices within the vicinity of the homes are also abundant, with schools such as the Sungai Ara Primary School, Chong Cheng Primary School, Fairview International School, Seri Relau National School and Min Sin Primary School. Straits International School is also about 15 minutes away. The nearest hospital is Hospital Pantai Mutiara.
Accessibility wise, Emerald Collection in Teluk Kumbar is within proximal distance of the second Penang bridge and Bayan Lepas, making it a highly convenient location for those who work in the industrial areas of Bayan Lepas and even in Seberang Perai, on the mainland. The few main roads which connect Teluk Kumbar to other towns in the north are Jalan Teluk Kumbar, Jalan Bayan Lepas and Jalan Sultan Azlan Shah, while the Tun Dr. Lim Chong Eu Expressway leads to Georgetown, which is approximately 25 minutes away.
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Nearby Amenities:
-
Nearby Properties
Nothing found within 1km
-
Public Transportation
Nothing found within 10km
-
Schools & Universities
Nothing found within 10km
-
Hospitals & Clinics
Nothing found within 10km
-
Shops / Malls
Nothing found within 10km
-
Places of Worship
Nothing found within 10km
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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 (%) |
|---|---|---|---|---|---|
| Emerald Collection | 0 |
RM448,000
-
RM850,000
RM 378 psf - RM 449 psf |
From RM1,200 | NIL | NIL |
| 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 | - | - | - |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 159 psf
Non Landed Properties
RM 425 psf
Landed Properties
RM 107 psf
Commercial Properties
Note:
- This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
- 'Nearby distance' is based on 1 kilometre
- Average Rental Yield takes into account an estimated amount of maintenance fees
My Affordability:
| Down Payment (10%) | RM 115,000 |
| Loan Amount ( 90 %) | RM 1,035,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM
N / A
psf
(2,900 SQ. FT)
Total Monthly Expenses
RM 3,000 ±
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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