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Sunway Prima
Off Jalan Mayang Pasir, 11900 Sungai Ara, Penang
Shop
Office
Details:
Developer
Sunway Integrated Properties Sdn. Bhd.
View developer's profile
Property Details
From RM904,000
From RM3,500,000
From RM3,800
Built Up
3,889 SQ. FT - 12,467 SQ. FT
Land Title
Commercial
Tenure
Freehold
Total Blocks
NIL
Total Storeys
3
Total Units
32
Description
Sunway Prima is a commercial development which adds to the fast-developing town of Sungai Ara, Penang. Located along Jalan Sultan Azlan Shah, the 32 shop office units are conveniently situated and also enjoy high visibility from the busy road. To add, the road also enables easy accessibility to and from the development, linking Teluk Kumbar on one end to Bayan Lepas, Bayan Baru, Gelugor, Jelutong, all the way to Georgetown on the northern end.
With a great number of residential developments recently-completed, currently ongoing and also planned for the future property scene of Sungai Ara, Sunway Prima will be able to cater to a wide population. As such, it is a great opportunity for businesses like eateries, convenience stores and more.
Apart from attracting residents, Sunway Prima is also located close enough to the industrial zone of Bayan Lepas. As such, businesses there will also be able to cater to a steady lunch crowd on the weekdays, thanks to the great number of people working in the nearby corporations, factories and such. Its location near these industries also make it an ideal location for related businesses to set up offices there.
Most of the units are 3 storeys in height, with the exception of Block A corner units, which are 4 storeys. These 4-storey units have a combined area of between 12,261 sf to 12,467 sf. Block A intermediate units on the other hand, are 4,506 sf in size. Block B and Block C units are slightly smaller, at 3,889 sf.
The freehold Sunway Prima units have experienced great appreciation in value, with prices at their launch beginning from just over RM900,000 but are now on the subsale market for at least RM3.5 million. Rental is also on the steep side, at RM3,800 per month. Therefore, Sunway Prima is a great investment property with the potential for constant demand.
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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
-
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 (%) |
|---|---|---|---|---|---|
| Sunway Prima | 0 | From RM3,500,000 | RM3,500 - RM3,500 | NIL | NIL |
| South Homes | 2013 |
RM1,200,000
-
RM3,500,000
RM 346 psf - RM 583 psf |
RM2,500 - RM2,500 | NIL | 1.28 % |
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 1,180,000 psf | - |
| 4,000 SQ. FT and above | - | - | - |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 241 psf
Non Landed Properties
RM 1,180,000 psf
Landed Properties
RM 0 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 90,400 |
| Loan Amount ( 90 %) | RM 813,600 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM
N / A
psf
(3,889 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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