Moulmein Rise

Jalan Moulmein, Off Jalan Pasar, 10350 Pulau Tikus, Penang
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Details:

Developer

Developer of Moulmein Rise, Belleview Group
Belleview Group
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Chinese ad 4621 326x150 01

Facilities

31m infinity lap pool
Reflective pool
Jacuzzi
Kid's pool
Relaxation pavillion
Elevated landscaped deck
Maze garden
Garden lounge
Playground area
Barbecue pod
Gymnasium
Steam room
Multi-purpose hall

Property Details

2016
(Year of Completion)
This project was completed 5 years ago
From RM 2,500,000
RM0.35psf
Built Up
From 1,787 SQ. FT
Land Title
Commercial
Tenure
Freehold
Total Blocks
1
Total Storeys
27
Total Units
110
Parking
Min. 1

Description

Moulmein Rise is a freehold condominium offering modern luxury high-rise living in the exceedingly affluent area of Pulau Tikus. Standing at 27 stories, the modern contemporary design and intricate detailing of the structure is determined to set itself apart in the growing skyline of Penang.

A single tower, overlooking the famous sea fronting Gurney Drive, is the home of 84 exclusive luxury suites, with built-ups ranging from 1,787 sf to 2,228 sf. Located in what is dubbed as the ‘upper-class’ area of Penang, Pulau Tikus is certainly one of the most prominent neighborhoods on the island, populated with mansions, bungalows, colonial houses and high-rises.

The area is also well-connected to amenities such as Pulau Tikus Market, Gurney Plaza, Midlands Park Shopping Centre and Bandar Baru Air Itam Market in Plaza Axis as well as many popular food destinations including Gurney Drive, Jalan Kucing, Burmah Road and Cantonment Road, ensuring residents have their choice and variety of delicious foods daily.

This structure, dedicated to the finer things that life has to offer, is equipped with a multitude of facilities and amenities directed to that effect. A state of the art gymnasium looking out on a jacuzzi and 31 metre lap pool, built at the centre of the sky courtyard, dotted with beautiful landscaped gardens and gorgeous outdoor pavilions that will undoubtedly invoke a sense of peace and satisfaction as you overlook the beautiful vista of the Penang Skyline or the mesmerizing visage of the sea.

The ground and first level of the complex houses a boutique retail gallery, dubbed Moulmein Rise Shoppes, equipped with its own basement level parking garage and outfitted with well designed fixtures and fittings affording a feeling of exclusivity.

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

Bedrooms 4 + 1
Bathrooms 5 + 1
Category Serviced Residence
Built Up 2228 SQ. FT

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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 (%)
Moulmein Rise 2016 RM 2,800,000 - RM 3,300,000
RM 1,481 psf - RM 1,512 psf
RM 6,000 - RM 6,000 NIL 2.61 %
Y Cantonments Mar 2017 RM 3,800,000 - RM 5,504,875 NIL RM 1,776,397 (RM 875 psf) NIL
Mansion One 2015 RM 610,000 - RM 1,300,000
RM 882 psf - RM 1,385 psf
RM 1,300 - RM 1,300 RM 734,667 (RM 1,010 psf) 3.5 %
The Manor Dec 2013 From RM 5,050,000 NIL NIL NIL
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 3,666,667 (RM 1,055 psf) 2.41 %
H Residence 2009 RM 1,800,000 - RM 2,800,000
RM 360 psf - RM 560 psf
RM 6,800 - RM 9,000 NIL 3.47 %
11 Gurney Drive 2007 RM 3,200,000 - RM 4,000,000
RM 941 psf - RM 952 psf
RM 8,000 - RM 8,000 NIL 2.54 %

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 681 psf - RM 860 psf
1,000 - 1,500 SQ. FT - - RM 447 psf
1,500 - 2,500 SQ. FT RM 1,134 psf - -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above RM 804 psf RM 393 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 730 psf
Non Landed Properties
RM 672 psf
Landed Properties
RM 693 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 250,000
Loan Amount ( 90 %) RM 2,250,000
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 625 ±
RM 0.35 psf (1,787 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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