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Taman Meranti
Solok Lenggong Off Jalan Perak, 11600 Jelutong, Penang
Apartment
Details:
Facilities
Parking lot
Property Details
1999
(Year of Completion)
(Year of Completion)
This project was completed 25 years ago
From RM360,000
From RM800
Built Up
From 750 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
1
Total Storeys
10
Total Units
88
Description
Taman Meranti is an apartment residence located in the town of Jelutong, Penang. Completed in 1999, the freehold property comprises 88 units, all housed within the single 10-storey building.
Each unit at Taman Meranti is sized at 750 sf, with a similar layout of 3 bedrooms and 2 bathrooms throughout. The only facility offered to residents is a parking lot, along with 24-hour security.
The homes of Taman Meranti can be found on the subsale market at prices beginning from RM360,000, which is considerably affordable. Rental begins from RM800, which is also about the average of similar homes in the area.
Amenities are aplenty in the town of Jelutong, where eateries, hawker centres, restaurants, mini markets, banks, pharmacies and more are easily within reach. Other commercial hubs and shopping malls are also just a short distance away, such as the Maritime Automall along Karpal Singh Drive, where there is a good choice of cafes and restaurants and other amenities. Schools in the vicinities include the Penang Free School, SJK (C) Moh Ghee (branch), and Shang Wu Primary School among others.
Located off Jalan Jelutong, Taman Meranti is accessible via the aforementioned road, where further up along the route leads to the city of Georgetown, about 15 minutes away. Jalan Jelutong then connects to Jalan Sultan Azlan Shah further down south, where Bayan Lepas is approximately 20 minutes down the road, while the first Penang bridge is only about 10 minutes away. An alternate route to and from Georgetown as well as Bayan Lepas would be the Tun Dr. Lim Chong Eu Expressway.
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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
-
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 (%) |
|---|---|---|---|---|---|
| Taman Meranti | 1999 |
RM375,000
-
RM375,000
RM 468 psf - RM 468 psf |
From RM800 | NIL | NIL |
| Setia Sky Ville | Apr 2021 |
RM730,000
-
RM850,000
RM 686 psf - RM 733 psf |
RM1,700 - RM1,700 | NIL | 2.96 % |
| Grace Residence | 2019 |
RM600,000
-
RM1,450,000
RM 504 psf - RM 878 psf |
RM1,800 - RM1,800 | NIL | 2.51 % |
| Aspen Residence | Mar 2016 |
RM680,000
-
RM860,000
RM 531 psf - RM 619 psf |
RM1,500 - RM1,500 | NIL | 2.88 % |
| The H2O | 2016 |
RM735,000
-
RM880,000
RM 443 psf - RM 550 psf |
RM1,800 - RM1,800 | NIL | 2.67 % |
| 86 Avenue Residences | 2014 |
RM810,000
-
RM810,000
RM 600 psf - RM 611 psf |
RM1,350 - RM1,350 | NIL | 2.7 % |
| D'Mansion | 2013 | RM960,450 - RM1,032,000 | RM2,100 - RM2,100 | NIL | 3.32 % |
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 1,306 psf |
| 1,000 - 1,500 SQ. FT | - | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 348 psf
Non Landed Properties
RM 437 psf
Landed Properties
RM 413 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 36,000 |
| Loan Amount ( 90 %) | RM 324,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Monthly Installment
RM 3,000 ±
Maintenance Fee
RM 70 ±
RM
70.0
psf
(750 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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