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Jalan Air Itam

Jalan Air Itam, 11400 Air Itam, Penang
Apartment Terrace Bungalow Shop Office
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Details:

Chinese ad 4621 326x150 01

Property Details

From RM495,000
From RM1,800
Built Up
From 750 SQ. FT
Land Title
Mixed
Tenure
Freehold
Total Blocks
NIL
Total Storeys
NIL
Total Units
NIL
Parking
Min. 1

Description

Jalan Air Itam runs along the fringes of Jelutong and goes though the town of Air Itam in Penang. Jalan Air Itam is the most frequently used road to travel from Georgetown to the town of Air Itam where the Kek Lok Si Temple is located. Unsurprisingly, many homes and commercial shop lots have been built along the road throughout the decades with some pre-war buildings also located along the busy road.

Properties along Jalan Air Itam range from residential to commercial titles, with the pre-war buildings now turned into shop lots and offices. Older “kampung” homes and single-storey terraces built in the mid to late 20th century can also be seen adjacent to the route. Given the traffic that goes through Jalan Air Itam, many of the terrace homes have also been turned into commercial shops.

Jalan Air Itam itself is lined with a variety of amenities housed within the many commercial shop lots there. Amenities range from the usual convenience stores to confectionary shops and florists. In the town of Balik Pulau, there are even banks and several hawker centres, eateries and cafes on either side of the road.

Jalan Air Itam is a major arterial road in the Georgetown network of roads and lanes which connect different parts of the city, with a number of important roads such as Jalan Perak, Jalan Masjid Negeri, Jalan Lumba Kuda, Lorong Batu Lanchang and Jalan Paya Terubong branching from it.

Given its role in the accessibility of many parts of the city, Jalan Air Itam will remain a heavily travelled road and as such, properties along the major road, whether residential or commercial, may see a steady appreciation and enjoy constant demand.

24-hour
Security
Yes
Pet Friendly
No
Eco Friendly (None)
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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 (%)
Jalan Air Itam 0 RM870,000 - RM3,700,000
RM 331 psf - RM 1,480 psf
RM1,500 - RM1,500 NIL 2.76 %
Quattro Zen 2015 RM998,000 - RM1,000,000
RM 347 psf - RM 374 psf
NIL NIL NIL
Shineville Park 2014 RM480,000 - RM1,300,000
RM 217 psf - RM 823 psf
RM750 - RM750 NIL 1.65 %
Desa Gemilang 2006 RM628,000 - RM628,000
RM 570 psf - RM 570 psf
NIL NIL NIL
Indah Kota 2005 RM430,000 - RM535,000
RM 554 psf - RM 625 psf
RM850 - RM900 NIL 1.93 %
Scotland Villas 2004 RM1,200,000 - RM4,500,000
RM 566 psf - RM 825 psf
RM7,500 - RM7,500 NIL 3.24 %
Taman Sri Indah 2002 RM385,000 - RM390,000
RM 513 psf - RM 557 psf
RM650 - RM700 NIL 1.84 %

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 RM 340 psf - -
2,500 - 4,000 SQ. FT - - RM 3,150,000 psf
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 357 psf
Non Landed Properties
RM 433 psf
Landed Properties
RM 1,082 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 49,500
Loan Amount ( 90 %) RM 445,500
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 (750 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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