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Mutiara Perdana 2
Lengkok Kelicap, 11900 Sungai Ara, Penang
Apartment
Details:
Facilities
Parking lot
Property Details
From RM63,000
From RM650
Built Up
From 530 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
3
Total Storeys
15
Total Units
NIL
Description
Mutiara Perdana 2 is an apartment residence established in Sungai Ara, Penang, many years ago. The development is made up of 3 complexes, with each at 15 storeys high. Though the total number of units within is unclear, the residence appears to be extremely high-density, with each building packed to the brim with units.
The homes of Mutiara Perdana 2 are freehold tenure, where standard units are sized from at least 530 sf. Based on the price of the homes on the subsale market, the residence was built as a means to provide affordable housing, with units beginning from just RM63,000 these days. No doubt, prices would have been much lower when they were first launched. Rental is RM650 per month, which may be considered high for their size.
Though facilities at Mutiara Perdana 2 are limited to an open air car park within the grounds of the residence, 24 hours security is provided. To add, amenities are also within convenient reach of the property. Just a short walk away is the Setia Triangle commercial hub, within a kilometre radius of the property, where a range of retail shops and conveniences are expected to open its doors.
More amenities will require a further drive to the commercial hubs along Jalan Sultan Azlan Shah, where there are convenience stores, eateries, and restaurants among others. Schools nearby include SK Bayan Lepas and the Straits International School, while others such as SMK Sungai Ara, SRJK (C) Chong Cheng, and SK Mutiara Perdana will require a short drive. Hospital Pantai Mutiara is the nearest medical facility to the apartment.
Accessibility to and from Mutiara Perdana 2 is by Jalan Dato Ismail Hashim, which links directly to the town of Bayan Baru and Relau about 5 minutes away, as well as Jalan Sultan Azlan Shah, just a short distance from the apartment. Other major roads within proximity of the property also include Jalan Teluk Kumbar, Jalan Permatang Damar Laut and the Tun Dr. Lim Chong Eu Expressway. With these access routes, the town of Bayan Lepas is approximately 5 minutes away while the second Penang bridge is roughly 15 minutes away. The first Penang bridge is about the same distance but up northeast from the property. Georgetown is around 30 minutes away, given that traffic is not too congested.
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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
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Shops / Malls
Nothing found within 10km
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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 (%) |
|---|---|---|---|---|---|
| Mutiara Perdana 2 | 0 | From RM63,000 | From RM650 | NIL | NIL |
| D'Zone Condominium | June 2015 |
RM560,000
-
RM660,000
RM 373 psf - RM 440 psf |
RM1,150 - RM1,150 | NIL | 1.96 % |
| Setia Tri-Angle | 2015 |
RM430,000
-
RM1,088,888
RM 383 psf - RM 621 psf |
RM1,100 - RM1,100 | NIL | 2.81 % |
| Setia Sky Cubes | 2015 | NIL | NIL | NIL | NIL |
| 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 |
| Fiera Vista | 2014 |
RM610,000
-
RM6,100,000
RM 418 psf - RM 4,206 psf |
RM1,200 - RM1,200 | NIL | 0.61 % |
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 488 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 452 psf | - | - |
| 2,500 - 4,000 SQ. FT | - | RM 1,500,000 psf | - |
| 4,000 SQ. FT and above | - | RM 3,300,000 psf | - |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 374 psf
Non Landed Properties
RM 135,810 psf
Landed Properties
RM 0 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 6,300 |
| Loan Amount ( 90 %) | RM 56,700 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM
N / A
psf
(530 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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