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Krystal Villa is an apartment residence situated in Sungai Nibong, Penang. The residence is located conveniently just behind the Krystal Point commercial hub. Completed in 1999, the property displays sign of its age and years of being battered by the weather, looking like it could use a new coat of paint.
The 9-storey single complex of Krystal Villa houses 107 apartment units, each measuring 850 sf in built-up size. All units share a standard layout of 3 bedrooms and 2 bathrooms. The snug homes can be bought at prices beginning from RM210,000 on the market while rental is approximately RM850 per month. The price range and location of the property is suited for the middle income population, especially those working in the many corporations operating in the Bayan Lepas Free Trade Zone.
Facilities within Krystal Villa are ample, with a swimming pool, gymnasium, badminton court, and community hall for residents to use. The car park is also covered, though may not be sufficient as demonstrated by the many cars having no choice but to park outside of the apartment compounds. 24-hour security is also provided, as well as a landscaped garden.
Being within such close proximity to the Krystal Point commercial hub, Krystal Villa residents can enjoy the convenience of having banks, eateries, restaurants, convenience stores, bakeries and more just beyond the apartment. Other commercial hubs like Bayan Point in the area also add onto the convenience. Queensbay Mall is also nearby, at slightly over 5 minutes’ drive away. Schools like SJK (C) Kwang Hwa, SRJK (C) Shih Chung, and SMK Sungai Nibong are also just minutes from the property.
Given its location along Jalan Sultan Azlan Shah and its close proximity to the Tun Dr. Lim Chong Eu Expressway, Krystal Villa is accessible to and from other towns nearby, such as Bayan Lepas and Gelugor. Both are under 15 minutes from the property, while the first and second Penang bridges are both about 5 minutes away. Georgetown on the other hand, is less than 20 minutes’ drive away.
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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 (%) |
---|---|---|---|---|---|
Krystal Villa | 1999 |
RM350,000
-
RM430,000
RM 411 psf - RM 505 psf |
RM900 - RM900 | NIL | 601.38 % |
The CEO | 2012 |
RM280,000
-
RM500,000
RM 608 psf - RM 926 psf |
RM1,550 - RM1,550 | NIL | 4.77 % |
Taman Jerejak Villa | 2011 |
RM428,000
-
RM428,000
RM 503 psf - RM 503 psf |
From RM2,500 | NIL | NIL |
Krystal Garden | 2010 | RM950,000 - RM1,250,000 | RM2,000 - RM4,000 | NIL | 3.27 % |
i-Avenue | 2008 | RM150,000 - RM558,000 | RM900 - RM4,200 | NIL | 8.64 % |
Krystal Point | 2005 | From RM300,000 | From RM1,350 | NIL | NIL |
Krystal Idaman | 2003 |
RM217,000
-
RM217,000
RM 350 psf - RM 350 psf |
From RM700 | NIL | NIL |
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 | - | - | RM 790 psf |
500 - 1,000 SQ. FT | - | - | RM 867 psf |
1,000 - 1,500 SQ. FT | - | RM 186,584 psf | RM 822 psf |
1,500 - 2,500 SQ. FT | - | RM 409,000 psf | RM 449 psf |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 21,000 |
Loan Amount ( 90 %) | RM 189,000 |
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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