Summerton Bayan Indah is a development which consists of three distinctive components, Primo Heights suites, Primo Summer luxury suites and Primo Avenue business park. It is located within the same busy district as Queensbay Mall, providing plenty of business and leisure opportunities. The Penang International Airport is approximately 5 minutes away, while the capital of Penang, Georgetown, is only 20 minutes away.
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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 (%) |
|---|---|---|---|---|---|
| Summerton Bayan Indah | 2014 |
RM1,200,000
-
RM1,900,000
RM 652 psf - RM 806 psf |
RM1,800 - RM1,800 | NIL | 1.89 % |
| Taman Pantai Indah | Dec 2016 | NIL | NIL | NIL | NIL |
| Victoria Bay | 2015 | From RM1,440,000 | NIL | NIL | NIL |
| Summerton Condominium | Apr 2014 |
RM680,000
-
RM1,900,000
RM 415 psf - RM 829 psf |
RM1,700 - RM1,700 | NIL | 2.43 % |
| Taman Jerejak Villa | 2011 | From RM1,500,000 | From RM2,500 | NIL | NIL |
| The Uban Residence | 2010 |
RM900,000
-
RM1,300,000
RM 487 psf - RM 650 psf |
RM2,200 - RM2,200 | NIL | 2.13 % |
| BayStar | 2009 |
RM1,000,000
-
RM1,850,000
RM 631 psf - RM 1,026 psf |
RM2,500 - RM2,500 | NIL | 3.71 % |
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 6,156 psf |
| 500 - 1,000 SQ. FT | RM 503 psf | - | RM 2,278 psf |
| 1,000 - 1,500 SQ. FT | - | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | RM 452 psf | RM 367 psf | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 59,000 |
| Loan Amount ( 90 %) | RM 531,000 |
| 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.
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