Login to PropSocial
Are you an agent? Sign Up Here
Not a Propsocial member? Sign Up
Sign Up with PropSocial
Already a Propsocial member? Login
Pearl Avenue
Pearl Avenue, Bandar Tasek Mutiara, 14120 Seberang Perai, Penang
Shop
Office
Details:
Developer
Tambun Indah
View developer's profile
Property Details
From RM820,000
From RM800
Built Up
From 1,400 SQ. FT
Land Title
Commercial
Tenure
Freehold
Total Blocks
NIL
Total Storeys
3
Total Units
100
Description
Pearl Avenue is a part of the commercial phase in the grand scheme of the Pearl City development in Simpang Ampat, on the mainland of Penang. There will be 100 units of 2-storey and 3-storey shop offices, which cater to the population of the several residential phases within the township.
There are 92 double-storey units, while the triple-storey units are more exclusive, with only 3 units available. Built-up of all shop offices are at least 1,400 sf in size, with 2 bathrooms on each floor. Subsale prices of Pearl Avenue commercial units begin from RM820,000 while rental is at approximately RM800 per month.
Investing or establishing businesses in Pearl Avenue units may pose quite some potential as it is the nearest commercial hub to the residences of Pearl City. There are also a hypermarket and a mall proposed to be built alongside the commercial hub, drawing those who live in other nearby townships. Other more established commercial hubs also require a short drive, which may prompt residents of Pearl City and other nearby neighbourhoods to patronise the nearer and more convenient Pearl Avenue.
In terms of accessibility, Jalan Bukit Tambun connects Pearl Avenue to the North-South Expressway (NSE). The NSE will be the route which leads to other towns on the mainland, such as Bukit Mertajam and Seberang Perai up north and Nibong Tebal southwards. The second Penang bridge can also be accessed via the highway, just about 20 minutes from Pearl Avenue.
Be the first to rate and review Pearl Avenue
No articles available for this property.
Would you like to see our Articles page instead?
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
-
Shops / Malls
Nothing found within 10km
-
Places of Worship
Nothing found within 10km
CLICK HERE TO USE MAP
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 (%) |
|---|---|---|---|---|---|
| Pearl Avenue | 0 | From RM820,000 | From RM800 | NIL | NIL |
| Pearl Residence | June 2015 |
RM420,000
-
RM780,000
RM 169 psf - RM 390 psf |
RM1,000 - RM1,000 | NIL | 2.2 % |
| Pearl Indah | 2014 |
RM415,000
-
RM2,400,000
RM 29 psf - RM 348 psf |
From RM1,000 | NIL | NIL |
| Pearl Villas | 2010 |
RM780,000
-
RM1,600,000
RM 361 psf - RM 463 psf |
From RM800 | 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 | - | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 0 psf
Non Landed Properties
RM 322 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 82,000 |
| Loan Amount ( 90 %) | RM 738,000 |
| 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
(1,400 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.
Let Us Help You
With PropSocial, everyone can now find their dream home. Looking to buy, sell or rent a home of Pearl Avenue? Fill in your details and we will get right back to you!
