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Merbok Signature at Nibong Tebal, Penang is an upcoming mixed development by Sunny Homes. The whole project consists of 3-storey shop offices, 2-storey link bungalows, 2-storey semi-detached houses and even a hotel. The properties are all spread out on a sizeable 10.8 acres and is estimated to be completed in 2018.
Merbok Signature offers a more secluded environment, away from the hustle and bustle of city life. Each landed unit such as the bungalows and semi-detached homes will get a personal pocket garden. The whole project also prides itself on the quality fitting and furnishing of the homes, with bricks and tiles that provide a cooler environment.
Amenities around the area are excellent as the main road is where a number of existing shop lots can be found, providing the basic amenities for residents, such as clinics, cafes, restaurants, banks, and so on. The town of Nibong Tebal, which is just nearby, will be the main go-to place for other necessities. The nearest supermarket is an Econsave, which is only 5 minutes from the neighbourhood of Merbok Signature.
There are also quite a number of schools within the vicinities of the development, like SJKC Pai Teik, SK Nibong Tebal, SMK Tunku Abdul Rahman, SK Sungai Kechil, SMK Saujana Indah, and SMK Sultan Ahmad Tajuddin, making Merbok Signature an ideal home for families.
Accessibility itself is good, with Merbok Signature being just off the North-South Expressway (NSE) accessible via the Plaza Tol Jawi, and the Butterworth Outer Ring Road. Public transportation is also available on the main road with a Keretapi Tanah Melayu (KTM) station located just 5 minutes south of the development. Truthfully, the project is situated closer to the town of Nibong Tebal rather than main city centres like Bukit Mertajam, Butterworth, and Georgetown.
Merbok Signature will be good investment for those seeking to own a landed property or a place to bring up a family. From an investment view-point, emphasis should be put on its location close to Nibong Tebal, rather than the island of Penang.
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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 50,000 |
Loan Amount ( 90 %) | RM 450,000 |
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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