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Taman Mutiara Teratai is a development of terrace homes located in Batu Kawan, Penang. The double-storey homes come in built-up spaces beginning from 1,400 sf all developed over freehold land.
The homes of Taman Mutiara Teratai can be found on the subsale market for RM350,000, while rental is approximately RM1,000 a month. The porch is large enough to fit just 1 vehicle. No facilities are offered at the neighbourhood which is neither gated nor guarded.
However, amenities are still within reach of Taman Mutiara Teratai, where shop lots nearby house restaurants, eateries, bakeries, clinics and more. Schools like SK Batu Kawan and SJK (T) Ladang Batu Kawan are also not too far off. More conveniences can also bee found in the town of Batu Kawan and Bukit Tambun a few minutes’ drive from the neighbourhood.
Accessibility-wise, Taman Mutiara Teratai is located just off Jalan Bukit Tambun, which connects to Lebuhraya Bandar Cassia. The Bukit Tambun toll plaza is also just a few minutes’ drive down Lebuhraya Bandar Cassia, where the second Penang bridge is reachable.
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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 Mutiara Teratai | 0 | From RM350,000 | RM2,500 - RM2,500 | NIL | NIL |
Teratai Idaman | 2011 |
RM470,000
-
RM470,000
RM 296 psf - RM 296 psf |
From RM800 | 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 | - | - | - |
1,000 - 1,500 SQ. FT | - | RM 260,000 psf | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | RM 1,060,000 psf | - |
Note:
Down Payment (10%) | RM 35,000 |
Loan Amount ( 90 %) | RM 315,000 |
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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