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Medan Hikmat
Block 22, Lorong Hijau Lima, 11600 Jelutong, Penang
Apartment
Details:
Facilities
Parking lot
Property Details
2000
(Year of Completion)
(Year of Completion)
This project was completed 24 years ago
From RM398,000
From RM750
Built Up
From 750 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
1
Total Storeys
7
Total Units
112
Description
Medan Hikmat is a single-block apartment building located in Jelutong, Penang. Built in 2000, the property is made up of 112 units. Each home comes in a standard layout of 3 bedrooms and 2 bathrooms, with 750 sf of built-up space.
Apart from a parking lot, Medan Hikmat does not offer other facilities to its residents. However, 24-hour security is provided in the form of a guarded entrance. Available units for sale on the market are going for prices of about RM398,000, while rental is approximately RM750 a month.
Unlike most developments in the Jelutong town centre, Medan Hikmat is not within walking to amenities. However, just a quick drive away are a number of shop lots where mini markets, convenience stores, eateries, hawker centres, banks, and more can be found. Schools in the area include Convent Green Lane, SK Jalan Hamilton, SMK Heng Ee, SMJK (C) Heng Ee and others.
Medan Hikmat is strategically located within proximity to a number of main roads and highways, which enable convenient connectivity. Jalan Tan Sri The Ewe Lim, off the property connects to Jalan Sultan Azlan Shah, where the town of Bayan Lepas is about 20 minutes’ drive southwards. Up north would be Georgetown, also about the same distance away.
Low density. 90% chinese residents. Quiet & safe. People staying there are good. Clean & well-maintained.
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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 (%) |
|---|---|---|---|---|---|
| Medan Hikmat | 2000 |
RM368,000
-
RM368,000
RM 525 psf - RM 525 psf |
RM760 - RM760 | NIL | 2.18 % |
| Setia Sky Ville | Apr 2021 |
RM730,000
-
RM850,000
RM 686 psf - RM 733 psf |
RM1,700 - RM1,700 | NIL | 2.96 % |
| Grace Residence | 2019 |
RM600,000
-
RM1,450,000
RM 504 psf - RM 878 psf |
RM1,800 - RM1,800 | NIL | 2.51 % |
| Aspen Residence | Mar 2016 |
RM680,000
-
RM860,000
RM 531 psf - RM 619 psf |
RM1,500 - RM1,500 | NIL | 2.88 % |
| The H2O | 2016 |
RM735,000
-
RM880,000
RM 443 psf - RM 550 psf |
RM1,800 - RM1,800 | NIL | 2.67 % |
| 86 Avenue Residences | 2014 |
RM810,000
-
RM810,000
RM 600 psf - RM 611 psf |
RM1,350 - RM1,350 | NIL | 2.7 % |
| D'Mansion | 2013 | RM960,450 - RM1,032,000 | RM2,100 - RM2,100 | NIL | 3.32 % |
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 1,306 psf |
| 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 348 psf
Non Landed Properties
RM 437 psf
Landed Properties
RM 413 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 39,800 |
| Loan Amount ( 90 %) | RM 358,200 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Monthly Installment
RM 3,000 ±
Maintenance Fee
RM 100 ±
RM
100.0
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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