Taman Budiman is a small neighbourhood in Bukit Mertajam, not to be confused with the neighbourhood of a similar name located in Alor Setar, Kedah. Penang’s Taman Budiman consists of several roads with properties like freehold 1-storey and 2-storey terraced houses, in addition to 1-storey shop lots.
Overall, Taman Budiman is a suitable neighbourhood for singles, couples and small families with family members working in the nearby business centres or industrial area such as the light industrial factories of Permatang Tinggi and Asas Jaya.
The neighbourhood is situated extremely close to AEON Mall Bukit Mertajam, where one can find a cinema, international fashion brand outlets, bookstores and of course, eateries. The mall was opened in 2014, and is until now still a popular converging point for residents of Bukit Mertajam. Slightly further away from Taman Budiman is Tesco Bukit Mertajam.
From Taman Budiman, it is just a short distance to Jalan Rozhan, one of the area’s principal roads, which then leads to the trunk road, Jalan Permatang Tinggi. However, residents staying in the neighbourhood will most likely need to rely on either private vehicles or taxis to get around the area, as the nearest bus station is almost 3km away.
Several schools are also within a reasonable driving distance from Taman Budiman, such as SK Alma Jaya, SK Taman Impian, SMK Alma, SMK Jalan Damai and SMK Taman Perwira. There is even a SK Pendidikan Khas Alma – a school for visually impaired students – just 4km from the neighbourhood. In terms of medical facilities the nearest hospital, about 7km away, is Hospital Bukit Mertajam.
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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 (%) |
|---|---|---|---|---|---|
| Taman Budiman | 0 |
RM570,000
-
RM900,000
RM 285 psf - RM 564 psf |
From RM850 | NIL | NIL |
| Jesselton Hills | 2015 |
RM658,000
-
RM1,400,000
RM 273 psf - RM 563 psf |
From RM1,500 | NIL | NIL |
| Impian Residence | 2012 | RM475,000 - RM780,000 | 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 | - | - | RM 353 psf |
| 500 - 1,000 SQ. FT | - | - | - |
| 1,000 - 1,500 SQ. FT | - | - | - |
| 1,500 - 2,500 SQ. FT | - | RM 492,500 psf | - |
| 2,500 - 4,000 SQ. FT | - | RM 767,000 psf | - |
| 4,000 SQ. FT and above | - | RM 750,000 psf | - |
Note:
| Down Payment (10%) | RM 27,900 |
| Loan Amount ( 90 %) | RM 251,100 |
| 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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