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
Rena Park is an on-going low-density development located in Balik Pulau, Penang. This new housing development focuses on landed residences with only 35 units of 3-storey terrace houses with 2 unique, yet spacious designs offered to buyers. Neighbouring developments include Fragonard Garden.
Built on freehold land, Rena Park homes are expansive with built-up sizes beginning from 2,960 sf with land areas of 1,400 sf. Each unit consists of a large living area with 5 bedrooms, where there is a master bedroom as well as a junior master bedroom.
Additionally, each Rena Park residence comes with a long driveway and covered car porch which is able to accommodate up to 4 cars. There is also a marvellous roof terrace, which is very uncommon for terrace homes.
The location of Rena Park is highly strategic as it is situated at the very heart of Balik Pulau, nearby the town centre. There are a number of local schools and also the Prince of Wales Island International School which are only a mere stone’s throw away. Amenities such as banks, clinics and eateries are also around the vicinity. The Penang International
Airport is also just a short drive away from Rena Park.
Rena Park is ideal for those with big families because it offers spacious living, dining, as well as family spaces. The home would also earn a plus point from nature-lovers, as the residence is surrounded by greenery with an offering of majestic hill views.
The indicative price for a Rena Park home is from RM770,000 onwards. Rena Park has a lot of potential in the future, thanks to the planned development project to transform Balik Pulau into the Education Hub of Penang, making it an investment worth considering.
No articles available for this property.
Would you like to see our Articles page instead?
Plan a site visit, or request for more information on this floor plan now!
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 (%) |
---|---|---|---|---|---|
Rena Park | 0 |
RM720,000
-
RM800,000
RM 243 psf - RM 270 psf |
NIL | NIL | NIL |
Fragonard Garden | Apr 2014 |
RM519,000
-
RM560,000
RM 294 psf - RM 400 psf |
RM1,000 - RM1,000 | NIL | 2.45 % |
Botanica 3 | 2011 | NIL | NIL | NIL | NIL |
Botanica 1 | 2008 |
RM560,000
-
RM585,000
RM 329 psf - RM 346 psf |
NIL | 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 | - | RM 1,040,000 psf | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 77,000 |
Loan Amount ( 90 %) | RM 693,000 |
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.
With PropSocial, everyone can now find their dream home. Looking to buy, sell or rent a home of Rena Park? Fill in your details and we will get right back to you!