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Sri Nipah Apartment
2 Medan Nipah 2, 11900 Sungai Nibong, Penang
Apartment
Details:
Facilities
Parking lot
Property Details
From RM300,000
From RM800
Built Up
From 750 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
1
Total Storeys
9
Total Units
70
Description
Sri Nipah Apartment is a non-landed residence located in Sungai Nibong, Penang. The single-block, 9-storey complex was built several years back, with age clearly shown through its rather worn facade.
In total, there are 70 freehold units housed within Sri Nipah Apartment. The homes are moderately-sized, with each having a built-up size of 750 sf. The homes also offer 3 bedrooms and 2 bathrooms. Subsale prices for these homes begin from RM300,000 while monthly rentals start from RM800.
Facilities at Sri Nipah Apartment are only limited to a parking lot for residents. However, 24-hour security is provided, which is a much-needed feature in homes today. Each unit is expected to pay RM90 per month for maintenance of the building.
Sri Nipah Apartment is surrounded by other residential properties in a quiet and matured neighbourhood. Amenities are also within reach of the residence, where the Super Tanker market and food court are under a kilometre away along Jalan Nipah. Apart from that, SMJK Phor Tay is also in the same area. There are also a number of commercial lots along Jalan Sultan Azlan Shah nearby.
Sri Nipah Apartment is also located in a family-friendly neighbourhood, where there are a number of schools just a short drive away. Apart from SMJK Phor Tay, there are also SMK Sungai Nibong, Shih Chung Primary (branch) School and Kwang Hwa Primary School. The popular Queensbay Mall is also about 5 minutes’ drive away, as is the Bayan Bay commercial hub where even more eateries, banks, and other conveniences can be found.
Major routes within proximity of Sri Nipah Apartment include Jalan Sultan Azlan Shah and Lebuhraya Sungai Nibong, which also links to the Tun Dr. Lim Chong Eu Expressway. These routes lead to Bayan Lepas, Batu Maung and the second Penang bridge about 10 minutes southwards while north of it is the first Penang bridge and Gelugor, also about the same distance away. Georgetown is further up, about 20 minutes’ drive from Sri Nipah Apartment.
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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
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Shops / Malls
Nothing found within 10km
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Places of Worship
Nothing found within 10km
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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 (%) |
|---|---|---|---|---|---|
| Sri Nipah Apartment | 0 |
RM206,672
-
RM206,672
RM 295 psf - RM 295 psf |
From RM800 | NIL | NIL |
| 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 |
RM1,200,000
-
RM1,200,000
RM 571 psf - RM 571 psf |
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 786 psf |
| 500 - 1,000 SQ. FT | - | - | RM 984 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 662 psf |
| 2,500 - 4,000 SQ. FT | - | RM 1,691,000 psf | - |
| 4,000 SQ. FT and above | - | - | RM 769 psf |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 327 psf
Non Landed Properties
RM 143,785 psf
Landed Properties
RM 833 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 30,000 |
| Loan Amount ( 90 %) | RM 270,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Monthly Installment
RM 3,000 ±
Maintenance Fee
RM 90 ±
RM
90.0
psf
(750 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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