Prangin Mall

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No 33, Jalan Dr Lim Chwee Leong, 10100 Georgetown, Penang
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Prangin Mall is a well-known commercial outlet located in the Georgetown city centre of Penang. The mall is located just beside Komtar tower and has been open to the public since 2001. The single-block shopping centre comprises 6 storeys of retail outlets and several levels of parking areas (2 basement, 3 upper floors).

Outlets at Prangin Mall are mostly those of the affordable range, catering to a wide population of the lower to middle group. The anchor tenant of the mall is a Parkson Grand departmental store, which had taken over the dwindling Super Department Store that used to be in its place. There is also a range of other main tenants, including a Popular bookstore, Giant supermarket, and a Cathay Cineplex. Food and beverage outlets can also be found in a good variety of big chains like Starbucks and Sushi King, as well as fast food outlets like McDonalds.

Most of the leasehold units at Prangin Mall are at least 343 sf in built-up space, with prices on the market beginning from RM220,000. Rental is about RM1,300 per month, differing based on the size and which level the units are located.

Prangin Mall is centrally located within Georgetown, with a good network of roads leading to and from the mall. Major roads within the vicinities of the property are Jalan Magazine, Jalan Penang, Lebuh Carnarvon, Jalan Burma, Jalan Macalister and Jalan Dato Keramat. Pengkalan Weld and the Tun Dr. Lim Chong Eu Expressway are also just a minute’s drive from the mall.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
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2001
(Year of Completion)
This project was completed 19 years ago
  • NIL
  • From RM 220,000
  • From RM 1,300
  • NIL
Built Up
From 343 SQ. FT
Land Title
Commercial
Tenure
Leasehold
Total Blocks
NIL
Total Storey
6
Total Units
NIL
Parking
NIL

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 (%)
Prangin Mall 2001 From RM 220,000 From RM 1,300 NIL NIL
Hexagon Tech Park 2013 From RM 288,400 From RM 1,540 NIL NIL
Birch The Regency 2009 RM 580,000 - RM 3,300,000
RM 610 psf - RM 900 psf
RM 1,400 - RM 1,400 NIL 1.24 %
Sri Saujana Apartment 2009 RM 160,000 - RM 269,000
RM 290 psf - RM 472 psf
RM 650 - RM 650 NIL 5.73 %
Birch The Plaza 2008 RM 590,000 - RM 1,388,888
RM 540 psf - RM 900 psf
RM 1,400 - RM 1,400 NIL 3.03 %
Harbour Trade Centre 2005 From RM 350,000 From RM 1,300 NIL NIL
Taman Harbour View 1995 From RM 300,000 RM 1,000 - RM 1,000 NIL NIL
5 For Sale in Prangin Mall 5 For Rent in Prangin Mall 1 For Rent in Hexagon Tech Park 16 For Sale in Birch The Regency 37 For Rent in Birch The Regency 21 For Sale in Sri Saujana Apartment 20 For Rent in Sri Saujana Apartment

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 287 psf
Non Landed Properties
RM 0 psf
Landed Properties
RM 731 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 22,000
    Loan Amount ( 90 %) RM 198,000
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply now
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    N / A
    RM N / A psf (343 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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