Sri Pangkor

2, Pangkor Road, 10050 Pulau Tikus, Penang
Condominium
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Details:

Developer

Developer of Sri Pangkor, IJM Land Berhad
IJM Land Berhad
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Chinese ad 4621 326x150 01

Facilities

Tennis court
Basketball half-court
Swimming pool with jacuzzi
Pergola
Barbeque garden
Children's playground
Sky bridge
Loading bay
Gymnasium
Steam rooms
Games room
Childcare
Cafeteria
Lounge
Convenience store
Driver's waiting room

Property Details

1999
(Year of Completion)
This project was completed 22 years ago
From RM 1,290,000
From RM 2,800
RM0.18psf
Built Up
1,820 SQ. FT - 5,940 SQ. FT
Land Title
Residential
Tenure
Leasehold
Total Blocks
3
Total Storeys
30
Total Units
171

Description

Sri Pangkor is named after the road it is located on, Jalan Pangkor, in the Pulau Tikus area of Penang. The 129-year leasehold condominium completed in 1999 comprises a 30-storey high-rise tower and two 5-storey low-rise blocks. There is a total of 165 standard units, with built-up areas ranging from 1,820 sf to 2,310 sf, and 6 penthouse units ranging from 3,910 sf to 5,940 sf.

Available facilities include a freeform swimming pool, gymnasium, BBQ pit, children’s playground, convenience store, sports courts, visitor parking, covered residents’ parking and 24-hour security surveillance. Thanks to shady landscaped gardens interwoven with pathways and bridges, the environment of the condominium is welcoming and luxurious.

As the Sri Pangkor is located within a matured township, it is near to many urban conveniences and facilities, be it schools, medical facilities, banking and finance hubs, entertainment outlets or shopping complexes.

To demonstrate, just within a 2.5km radius, residents can reach a long list of important establishments – the Penang Chinese Girls’ High School, SK and SMK Convent Pulau Tikus, SK St. Xavier, Wawasan Open University, KDU Penang University College, Gleneagles Penang Medical Center, Loh Guan Lye Specialist Centre, Penang Adventist Hospital, Adventist Medical Centre, International Specialist Eye Centre Penang, Gurney Drive, Gurney Plaza and Gurney Paragon

It’s safe to say that the prime location of the Sri Pangkor, its reputable developer and low density status offsets the condominium’s rather congested surrounding roads and lack of fancy facilities or brand new units, especially when it comes to investors. However, the fact that it is a leasehold property is something that prospective buyers might want to take into account when considering to get a unit here.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants
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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 (%)
Sri Pangkor 1999 RM 1,400,000 - RM 2,000,000
RM 608 psf - RM 866 psf
RM 2,600 - RM 2,600 NIL 2.45 %
Mansion One 2015 RM 610,000 - RM 1,300,000
RM 882 psf - RM 1,385 psf
RM 1,300 - RM 1,300 RM 681,600 (RM 869 psf) 3.5 %
The Manor Dec 2013 From RM 5,050,000 NIL NIL NIL
8 Gurney 2013 RM 3,980,000 - RM 6,380,000
RM 464 psf - RM 686 psf
RM 8,500 - RM 8,500 NIL 2.37 %
Gurney Paragon Sept 2011 RM 2,750,000 - RM 4,500,000
RM 878 psf - RM 1,214 psf
RM 5,700 - RM 5,700 RM 3,800,000 (RM 901 psf) 2.41 %
H Residence 2009 RM 1,800,000 - RM 2,800,000
RM 360 psf - RM 560 psf
RM 6,800 - RM 9,000 NIL 3.47 %
The Mayfair 2007 RM 2,699,000 - RM 3,988,000
RM 514 psf - RM 797 psf
RM 7,500 - RM 7,500 NIL 2.69 %

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 RM 702 psf - RM 803 psf
1,000 - 1,500 SQ. FT - - -
1,500 - 2,500 SQ. FT RM 1,315 psf - -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above RM 924 psf - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 672 psf
Non Landed Properties
RM 675 psf
Landed Properties
RM 601 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 129,000
Loan Amount ( 90 %) RM 1,161,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
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Monthly Installment
RM 3,000 ±
Maintenance Fee
RM 327 ±
RM 0.18 psf (1,820 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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