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One Precinct was an originally abandoned for 10 years project that is located in Bayan Baru. Previously known as Bayan Central, it was revived and is now a new and modern shopping mall which enjoys proximity to the Penang Free Trade Zone, Penang International Airport and second Penang bridge, all of which are within a 10-minute drive of One Precinct.
One Precinct is a one stop commercial hub for retail outlets, food and beverage dining experiences to local and international brands. One Precinct is also famous for their Technotopia outlet which features all the latest electronic, mobile and computer gadgets.
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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 (%) |
---|---|---|---|---|---|
One Precinct | Nov 2013 | RM460,000 - RM880,000 | RM950 - RM3,000 | NIL | 3.54 % |
Olive Tree Residences | Dec 2015 |
RM730,000
-
RM1,200,000
RM 426 psf - RM 645 psf |
RM2,200 - RM2,200 | NIL | 3.09 % |
Jambul Heights | Oct 2015 |
RM500,000
-
RM988,000
RM 349 psf - RM 495 psf |
RM2,800 - RM2,800 | NIL | 4.52 % |
Promenade Residence | 2015 |
RM390,000
-
RM980,000
RM 400 psf - RM 612 psf |
RM1,300 - RM1,300 | NIL | 2.88 % |
Arena Residence | 2015 |
RM550,000
-
RM899,000
RM 440 psf - RM 620 psf |
RM1,300 - RM1,300 | NIL | 3.15 % |
Arena Curve | 2015 | NIL | From RM1,500 | NIL | NIL |
Elit Heights | 2014 |
RM498,000
-
RM1,930,000
RM 344 psf - RM 742 psf |
RM850 - RM850 | NIL | 2.82 % |
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 | - | - | RM 770 psf |
500 - 1,000 SQ. FT | RM 688 psf | RM 294,000 psf | RM 441 psf |
1,000 - 1,500 SQ. FT | RM 447 psf | - | RM 625 psf |
1,500 - 2,500 SQ. FT | RM 452 psf | - | RM 400,413 psf |
2,500 - 4,000 SQ. FT | RM 351 psf | RM 1,497,600 psf | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 46,000 |
Loan Amount ( 90 %) | RM 414,000 |
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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