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Taman Hui Aun at Air Itam, Penang, is a freehold residential property. The apartment complex built to a towering 17 storeys, was completed quite a while ago and can be considered a medium density property. The overall appearance of the property is good even though it has been around for some years.
Units at Taman Hui Aun come in an approximate 700 sf. This can be a little tight for some, though considerably liveable. Facilities in the property are also limited to the usual car park for residents while security is just a perimeter fencing around the property with a guardhouse at the entrance.
Despite the lack of facilities in the apartment, amenities are aplenty in this area such as eateries, clinics, banks, shop lots, and even a weekly night market. Retail outlets and supermarkets can also be found in the nearby Sunshine Farlim Mall, and an Econsave, while Pranging Mall in Georgetown is also not far off. Schools such as the Kong Min Primary School, Sri Aman International School, Air Itam Secondary School, Seri Indah National School, and Chiao Nan Primary School are all within walking distance. This area is also packed with kindergartens like Tadika Permata Ria, Jet Kinderland, Melody Farlim, Omega Kinderland and a QQ Kindergarten and Nursery.
Accessibility is good with the property being reachable through Jalan Thean Teik, which itself can be navigated through Jalan Angsana all the way to Lebuhraya Thean Teik. Bandar Baru Air Itam or even Farlim is also just a short drive away. Though Georgetown is not much of a distance way, the traffic in the Air Itam area may prolong the journey to and from the city centre, especially during peak hours, weekends and public holidays when tourists flock to the Kek Lok Si Temple nearby.
Overall, Taman Hui Aun is a decent apartment residence for those looking to own a mid-range property. Location itself is good despite the traffic and amenities are all within reach. As a property to actually stay in, buyers should take note that the property and most others in the neighbourhood are a little old in age. Hence, they may want to browse other newer properties in nearby Farlim. From an investment perspective, it is a little lacklustre, though it serves its purpose very well for those working nearby.
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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 Hui Aun | 0 |
RM328,000
-
RM395,000
RM 468 psf - RM 526 psf |
RM800 - RM800 | NIL | 2.39 % |
All Seasons Park | June 2013 |
RM428,000
-
RM1,250,000
RM 429 psf - RM 934 psf |
RM1,000 - RM1,000 | NIL | 2.79 % |
View Court | 2013 |
RM538,000
-
RM688,000
RM 427 psf - RM 546 psf |
RM1,300 - RM1,300 | NIL | 2.05 % |
Sri Kristal | 2009 |
RM360,000
-
RM480,000
RM 396 psf - RM 571 psf |
RM1,000 - RM1,000 | NIL | 2.81 % |
Sri Impian Apartment | 2006 |
RM189,000
-
RM560,000
RM 270 psf - RM 414 psf |
RM800 - RM800 | NIL | 3.09 % |
Sri Ivory Apartment | 2004 |
RM220,000
-
RM280,000
RM 314 psf - RM 400 psf |
RM750 - RM750 | NIL | 3.82 % |
Desa Mawar | 1999 |
RM125,000
-
RM198,000
RM 227 psf - RM 396 psf |
From RM550 | 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 | RM 563 psf | RM 244,500 psf | - |
1,000 - 1,500 SQ. FT | RM 524 psf | - | RM 515 psf |
1,500 - 2,500 SQ. FT | - | RM 600,000 psf | - |
2,500 - 4,000 SQ. FT | - | RM 986,667 psf | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 35,500 |
Loan Amount ( 90 %) | RM 319,500 |
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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