Grand View

31, Jalan Tanjung Tokong, 10470 Tanjung Tokong, Penang
Condominium
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Details:

Chinese ad 4621 326x150 01

Facilities

Swimming pool
Wading pool
Community hall
Convenience store
Gymnasium
Tennis court
Squash court
Badminton court
Children's playground
BBQ area
Landscaped garden
Visitors' car park

Property Details

1998
(Year of Completion)
This project was completed 23 years ago
From RM 600,000
From RM 1,300
RM160/month
Built Up
1,000 SQ. FT - 2,400 SQ. FT
Land Title
Residential
Tenure
Leasehold
Total Blocks
2
Total Storeys
25
Total Units
308

Description

Grand View condominium is situated along the busy road of Jalan Tanjung Tokong in Tanjung Tokong, Penang. The condominium residences is made up of 2, 25-storey tall blocks with 308 units within. Completed in the year 1998, the leasehold property has stood the test of times and still maintains a well-kept facade.

There are standard Grand View condominium units as well as penthouse units, with standard units ranging between the sizes of 1,000 sf to 1,500 sf. Penthouse units are expansive with a built-up space of 2,400 sf. Units for sale are sold at an average price of RM600,000 while rental can cost about RM1,300 per month.

There are various facilities available for use by Grand View condominium residents. These include a swimming pool, wading pool, gymnasium, tennis court, squash court, and badminton court for leisurely use. For entertainment purposes, there is a community hall and barbecue area as well as a children’s playground. There is also a visitors’ car park for added privacy for residents. The property grounds are also well-kept and feature a landscaped garden.

Grand View condominium is within proximity to an array of amenities, which include schools such as the Penang Chinese Girls' High School, the St. Nicholas School, and hospitals including Penang Adventist Hospital, Gleneagles Medical Centre, and Tanjung Medical Centre. The property is also situated close to Gurney Drive, the seaside stretch of shopping complexes namely Gurney Plaza and Gurney Paragon, hotels like G Hotel and Evergreen Laurel as well as several food courts. Batu Ferringhi is also a short 20 minutes drive up north.

Grand View offers convenient access to other parts of town by roads such as Persiaran Gurney, Jalan Bagan Jermal, Jalan Mount Erskine, Kelawei Road, and not to mention the network of lanes and smaller roads within the region. However, this strategic location has a negative side to it as traffic is generally heavy around the area, given that Jalan Tanjung Tokong is a road frequented by many Penangites. Peak hours in the morning and evening, weekends and public holidays are also times when traffic may come to a standstill.

Hence, Grand View condominium is a property that may not be suitable for everyone. Those who have to commute to Bayan Lepas or the mainland on a daily basis may find it draining to go through the congestion every day, while expatriates or retirees may enjoy the convenience of being close to Gurney Drive and Batu Ferringhi.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants
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Nearby Amenities:

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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 View 1998 RM 550,000 - RM 1,068,000
RM 370 psf - RM 608 psf
RM 1,100 - RM 1,100 NIL 2.58 %
Gurney Paragon Sept 2011 RM 2,750,000 - RM 4,500,000
RM 878 psf - RM 1,214 psf
RM 5,700 - RM 5,700 RM 3,800,000 (RM 901 psf) 2.41 %
Taman Evergreen 2008 RM 430,000 - RM 899,000
RM 528 psf - RM 600 psf
RM 900 - RM 900 NIL 1.53 %
The Bayu 2008 RM 520,000 - RM 520,000
RM 650 psf - RM 650 psf
RM 1,200 - RM 1,200 NIL 2.42 %
Sri Bunga Raya 2006 RM 490,000 - RM 490,000
RM 597 psf - RM 597 psf
RM 950 - RM 950 NIL 2.76 %
Millennium Tower 2005 RM 2,870,000 - RM 3,850,000 RM 2,400 - RM 2,400 NIL 1.25 %
Tanjung Park 2004 RM 401,533 - RM 1,500,000
RM 281 psf - RM 824 psf
RM 1,000 - RM 1,000 RM 666,333 (RM 653 psf) 2.25 %

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 RM 558 psf - RM 1,549 psf
1,000 - 1,500 SQ. FT RM 479 psf - RM 447 psf
1,500 - 2,500 SQ. FT RM 987 psf RM 436 psf -
2,500 - 4,000 SQ. FT - RM 781 psf -
4,000 SQ. FT and above RM 804 psf RM 760 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 587 psf
Non Landed Properties
RM 887 psf
Landed Properties
RM 451 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 60,000
Loan Amount ( 90 %) RM 540,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
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Monthly Installment
RM 3,000 ±
Maintenance Fee
RM 160 ±
RM 160.0 psf (1,000 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.

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