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Promenade Residence

70-1-1, D'piazza Mall, Jalan Mahsuri, 11900 Bayan Lepas, Penang
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Details:

Developer

Chinese ad 4621 326x150 01

Facilities

Children’s pool
Infinity swimming pool
Pool deck
Pergola & cabana
Management office
Gaming area
Jacuzzi
Changing room
Landscaped garden
Yoga & meditation deck
Gymnasium
Reflexology track
Children’s playground
Barbecue area
Surau
Reading room
Meeting room
Open multifunction area

Property Details

2015
(Year of Completion)
This project was completed 9 years ago
From RM350,000
RM0.30psf
Built Up
847 SQ. FT - 1,651 SQ. FT
Land Title
Mixed
Tenure
Leasehold
Total Blocks
1
Total Storeys
37
Total Units
373
Parking
Min. 1

Description

Promenade Residence is one of the newer developments on the island of Penang located within Bayan Baru, which was previously known as D'Cascadium. It is a strategically located development which resulted in many parties obtaining a home here despite doubts on the capabilities of the developer. Promenade Residence will be located within a short drive of the Penang Free Trade Zone, Penang International Airport and Sultan Abdul Halim Muadzam Shah Bridge.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
Bayan Baru
Go To Neighbourhood
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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 (%)
Promenade Residence 2015 RM390,000 - RM980,000
RM 400 psf - RM 612 psf
RM1,300 - RM1,300 NIL 2.88 %
Olive Tree Residences Dec 2015 RM730,000 - RM1,200,000
RM 426 psf - RM 645 psf
RM2,200 - RM2,200 NIL 3.09 %
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 - RM1,580,000
RM 344 psf - RM 614 psf
RM850 - RM850 NIL 2.82 %
One Precinct Nov 2013 RM460,000 - RM880,000 RM950 - RM3,000 NIL 3.54 %
1-Sky 2013 RM520,000 - RM999,000
RM 364 psf - RM 605 psf
RM1,600 - RM1,600 NIL 3.4 %

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 325,833 psf RM 441 psf
1,000 - 1,500 SQ. FT RM 447 psf RM 472,500 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 - RM 1,141,000 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 394 psf
Non Landed Properties
RM 89,698 psf
Landed Properties
RM 11,318 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 35,000
Loan Amount ( 90 %) RM 315,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
RM254 ±
RM 0.3 psf (847 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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