Mutiara Perdana is a freehold apartment developed in Sungai Ara, located in the south east of Penang Island. The apartment is designed as a 5-storey walk-up residence and houses 216 units. There are two types of layouts, with standard units having 800 sf of room and the penthouse units offering 1,000 sf.
The apartment has a beautiful view of nature around the Sungai Ara neighbourhood. With its affordable price, Mutiara Perdana is a great choice for those who work in the Bayan Lepas industrial zone, which is only about 10 minutes’ drive away.
The amenities at Mutiara Perdana include a covered parking lot, children’s playground and 24-hour security. Residents also enjoy a convenient urban lifestyle with easy access to many amenities around, such as banks, restaurants, petrol stations, a hospital and a few supermarkets such as Sunshine Square and a Giant Hypermarket. In addition to that there are local markets within reach like Desa Ria Market and Bayan Baru market.
Mutiara Perdana is located around a few primary and secondary schools such as SRK Mutiara Perdana, SRK Sungai Ara, SJK (C) Chong Cheng, and SMK Sungai Ara.
In terms of accessibility, Mutiara Perdana can be accessed via the second Penang bridge, with Rapid Buses frequently passing through the area around the property. The Penang International Airport is also within close reach of the apartment while Jalan Sultan Azlan Shah and the Tun Dr. Lim Chong Eu Expressway connect the property to Georgetown about 20 minutes 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 (%) |
|---|---|---|---|---|---|
| Mutiara Perdana | 1997 |
RM180,000
-
RM850,000
RM 245 psf - RM 450 psf |
RM700 - RM700 | NIL | 2.05 % |
| Setia Tri-Angle | 2015 |
RM430,000
-
RM1,088,888
RM 383 psf - RM 621 psf |
RM1,100 - RM1,100 | NIL | 2.81 % |
| Mont Tierra Residences | Oct 2014 |
RM1,080,000
-
RM1,150,000
RM 366 psf - RM 383 psf |
From RM2,000 | NIL | NIL |
| 35 Pearl Villas | Oct 2014 | From RM3,287,880 | NIL | NIL | NIL |
| Meridien Residence | 2014 |
RM510,000
-
RM950,000
RM 376 psf - RM 539 psf |
RM550 - RM550 | NIL | 1.52 % |
| One Residence | 2014 |
RM1,850,000
-
RM1,850,000
RM 616 psf - RM 740 psf |
RM1,900 - RM1,900 | NIL | 1.26 % |
| Ideal Haus | 2014 |
RM800,000
-
RM1,250,000
RM 547 psf - RM 800 psf |
From RM1,200 | 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 | - | - | - |
| 500 - 1,000 SQ. FT | - | - | - |
| 1,000 - 1,500 SQ. FT | RM 475 psf | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | RM 1,740,000 psf | - |
| 4,000 SQ. FT and above | - | RM 3,300,000 psf | - |
Note:
| Down Payment (10%) | RM 30,000 |
| Loan Amount ( 90 %) | RM 270,000 |
| 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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