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Prima View is a high-rise apartment residence located in Sungai Nibong, Penang. Built in 1999 almost 2 decades ago, its age is clearly shown on the rather worn facade of water stains and peeled paint. Standing at 11-storeys tall, the 2-block residence comprises of 152 units.
Homes at Prima View come in a standard layout, with each unit sized at 700 sf along with 3 bedrooms and 2 bathrooms. The leasehold units are priced within the mid-range, beginning from RM390,000. However, buyers may find this price rather high, given its leasehold status and limited facilities, which only cover shaded parking spaces and basic landscaping.
Prima View is located quite close to amenities, with shop lots along Jalan Sultan Azlan Shah a few minutes’ drive away. Along the road, these commercial developments house pharmacies, cafes, eateries, restaurants, salons and more. Schools nearby include SRJK (C) Kwang Hwa, SRJK (C) Shih Chung (branch), SMK Sungai Ara, and SJK (C) Chong Cheng. More amenities can be found in the town of Bayan Baru, where a Giant hypermarket, Queensbay Mall and the numerous commercial hubs around offer even more conveniences.
Accessibility to and from Prima View is through Jalan Sultan Azlan Shah, which not only links to the Bayan Lepas industrial zone, but also other towns north of the Bayan Lepas town, such as Bayan Baru, Jelutong, Gelugor, and even Georgetown, approximately 30 minutes away. The first Penang bridge is also up north along the way while the second Penang bridge and Batu Maung are also accessible via Jalan Permatang Damar Laut, which is south of Jalan Sultan Azlan Shah.
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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 (%) |
---|---|---|---|---|---|
Prima View | 1999 |
RM340,000
-
RM430,000
RM 416 psf - RM 505 psf |
RM800 - RM800 | NIL | 2.49 % |
The CEO | 2012 |
RM280,000
-
RM500,000
RM 608 psf - RM 926 psf |
RM1,550 - RM1,550 | NIL | 4.77 % |
Taman Jerejak Villa | 2011 |
RM428,000
-
RM428,000
RM 503 psf - RM 503 psf |
From RM2,500 | NIL | NIL |
Ixora Heights | 2010 |
RM468,000
-
RM575,000
RM 482 psf - RM 616 psf |
RM1,000 - RM1,000 | NIL | 2.76 % |
Asia Hills | 2010 |
RM2,390,000
-
RM2,500,000
RM 612 psf - RM 756 psf |
RM5,500 - RM5,500 | NIL | 2.45 % |
Krystal Garden | 2010 | RM950,000 - RM1,250,000 | RM2,000 - RM4,000 | NIL | 3.27 % |
i-Avenue | 2008 | RM150,000 - RM558,000 | RM900 - RM4,200 | NIL | 8.64 % |
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 790 psf |
500 - 1,000 SQ. FT | - | - | RM 867 psf |
1,000 - 1,500 SQ. FT | - | RM 186,584 psf | RM 822 psf |
1,500 - 2,500 SQ. FT | - | RM 409,000 psf | RM 449 psf |
2,500 - 4,000 SQ. FT | - | RM 1,691,000 psf | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 39,000 |
Loan Amount ( 90 %) | RM 351,000 |
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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