Grand Ocean is an appropriately named condominium, with its location within a short drive from the seas of Penang. Located within Tanjung Bungah the popular tourist area of Penang Island, residents of Grand Ocean enjoy a lively neighbourhood. Residents of Grand Ocean also enjoy views of the sea and mountains, depending on the direction of their units.
The management at Grand Ocean are extremely strict, where a house-to-house check was carried out in 2012 to ensure that non of the owners were keeping any form of large pets such as cats, dogs or birds due to several complaints.
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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 (%) |
|---|---|---|---|---|---|
| Grand Ocean | Mar 2008 |
RM 580,000
-
RM 820,000
RM 561 psf - RM 631 psf |
RM 1,599 - RM 1,599 | NIL | 4.27 % |
| Shamrock Beach | 2012 |
RM 1,680,000
-
RM 1,680,000
RM 560 psf - RM 560 psf |
RM 9,000 - RM 12,000 | NIL | 7.5 % |
| Harmony Residence | Dec 2011 |
RM 2,700,000
-
RM 3,600,000
RM 536 psf - RM 692 psf |
RM 8,999 - RM 8,999 | NIL | 2.95 % |
| Surin | 2011 |
RM 590,500
-
RM 960,000
RM 493 psf - RM 687 psf |
RM 1,800 - RM 1,800 | NIL | 3.98 % |
| Beverly Hills | 2011 |
RM 1,280,000
-
RM 4,500,000
RM 426 psf - RM 562 psf |
RM 2,800 - RM 2,800 | NIL | 1.2 % |
| Infinity | Mar 2010 |
RM 2,500,000
-
RM 6,500,000
RM 560 psf - RM 851 psf |
RM 6,500 - RM 6,500 | NIL | 1.78 % |
| The Waterfront | Mar 2010 |
RM 1,125,000
-
RM 1,750,000
RM 381 psf - RM 866 psf |
RM 3,500 - RM 3,500 | NIL | 3.24 % |
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 65,000 |
| Loan Amount ( 90 %) | RM 585,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
| Apply now | |
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.
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