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Sunway Aspera is a freehold residential property of landed houses, located along Sungai Batu in Teluk Kumbar, Penang. This seaside property is a quaint mixture of village and other residential housing and is located in a quiet neighborhood for residences to enjoy peaceful seafront living. There are at least 8 different primary and secondary schools within walking distance as well as 3 clinics. Larger malls and shopping however, is just a short half an hour drive away. Sunway Aspera is strategically located close to the Second Penang Bridge and is a 20-30 minute drive to the Penang International Airport.
The project was developed by Sunway Grand Bhd, a subsidiary of Sunway City Berhad. There are a total of 85 units in this development, with 76 units of double storey terrace liked houses and 9 units of 3-storey houses; at 1,847 sf and 2,044 sf respectively. Each double storey terrace unit is allocated with 4 bedrooms and 3 bathrooms. The 3-storey terraces are sea-facing and overlook the Strait of Malacca and Pulau Kendi in the South.
Aimed at families, the Sunway Aspera property offers the rare luxury of land space in Penang with the lot size ranging from 20’ x 60’ and 20’ by 65’ for the corner unit. The developer Sunway has never been one to skimp on the finer things in life, which is why Sunway Aspera is fully outfitted with not just one but two spacious master bedrooms with walk-in wardrobes (in the 3-storey unit). There are of course beautifully spacious family/study areas as well as separate wet and dry kitchens in all units. There are several facilities also available in this vicinity such as a children’s playground and 24-hour security.
The units in Sunway Aspera currently fetch a subsale price that begins at RM780,000. A fully furnished unit in this residence can gross a monthly rental of RM1,200 and above.
The unique selling point of Sunway Aspera is the easy and private access to one of Penang’s most pristine beaches. Landed homes are fast becoming scarce in Penang and if you’re looking for one by the beachfront, it’s close to impossible, if you’re not willing to shell out a lot of money. Sunway Aspera offers both at an affordable rate, either as a home or as an investment piece.
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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 (%) |
---|---|---|---|---|---|
Sunway Aspera | June 2012 |
RM710,000
-
RM850,000
RM 342 psf - RM 425 psf |
RM1,150 - RM1,150 | NIL | 1.77 % |
Cascara 88 | 2013 |
RM580,000
-
RM680,000
RM 374 psf - RM 419 psf |
From RM1,000 | 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 | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 49,500 |
Loan Amount ( 90 %) | RM 445,500 |
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.
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