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Taman Festival

89 Jalan Kelawai, 10250 Pulau Tikus, Penang
Apartment
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Details:

Chinese ad 4621 326x150 01

Facilities

Parking

Property Details

1988
(Year of Completion)
This project was completed 36 years ago
From RM1,200,000
From RM2,500
Built Up
From 1,700 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
1
Total Storeys
12
Total Units
40

Description

Taman Festival is an apartment residence located in Pulau Tikus, Penang. Completed in 1988, the lone building is 12 storeys in height, which would have been considered quite tall compared to others built in the area around the same time.

The 40 homes of Taman Festival have built-up sizes of approximately 1,700 sf, which is relatively spacious. The residence provides a parking lot, as well as 24-hour security. Though facilities are limited, amenities are just a stone’s throw away.

Located along Jalan Kelawai, Taman Festival is just mere minutes from Gurney Paragon and Gurney Plaza, where restaurants, retail outlets, supermarkets and cinemas are within reach. More conveniences can be found along Jalan Burma, where commercial shop lots house banks, clinics, pharmacies, hawker centres, and more. There are also numerous schools in the Pulau Tikus neighbourhood, such as SMK Convent Pulau Tikus, SMK Westlands, St. Christopher’s International School, SK Jalan Residensi and more. Other than that, Island Hospital, the Gleneagles Penang Medical Centre, and the Loh Guan Lye Specialist Centre are also in the area.

Accessibility is a strong point for Taman Festival, with its location between Jalan Kelawai and Jalan Burma. The latter road connects to the Georgetown city centre, while the former can link to Gurney Drive. Jalan Macalister nearby also leads to the city, though it can also link straight to Weld Quay and the Tun Dr. Lim Chong Eu Expressway. Southwards along the route is the first Penang bridge and the industrial town of Bayan Lepas.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
Pulau Tikus
Go To Neighbourhood
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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 (%)
Taman Festival 1988 RM1,280,000 - RM1,350,000
RM 571 psf - RM 625 psf
RM2,700 - RM2,700 NIL 2.49 %
Y Cantonments Mar 2017 RM3,800,000 - RM5,504,875 NIL NIL NIL
Mansion One 2015 RM600,000 - RM1,300,000
RM 604 psf - RM 1,385 psf
RM1,500 - RM1,500 NIL 3.65 %
The Manor Dec 2013 From RM5,050,000 RM6,000 - RM6,000 NIL NIL
Gurney Paragon Sept 2011 RM2,750,000 - RM4,500,000
RM 878 psf - RM 1,214 psf
RM5,500 - RM5,500 NIL 2.38 %
H Residence 2009 RM1,800,000 - RM2,800,000
RM 360 psf - RM 560 psf
RM7,000 - RM7,000 NIL 3.0 %
11 Gurney Drive 2007 RM3,200,000 - RM4,000,000
RM 941 psf - RM 952 psf
RM8,000 - RM8,000 NIL 2.54 %

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 597 psf - RM 585 psf
1,000 - 1,500 SQ. FT RM 816 psf - -
1,500 - 2,500 SQ. FT RM 1,168 psf RM 2,000,000 psf -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above RM 853 psf - RM 6,150,000 psf
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 671 psf
Non Landed Properties
RM 118,279 psf
Landed Properties
RM 154,415 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 120,000
Loan Amount ( 90 %) RM 1,080,000
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 (1,700 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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