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Taman Sri Bayan is an established neighbourhood located in Sungai Ara, Penang. It consists of several different residential developments, whether landed or high rise, as well as commercial shop lots. The myriad of developments are all freehold.
Overall, the homes at Taman Sri Bayan appear to cater to those working or running businesses in the Bayan Lepas industrial zone nearby. There are apartments such as the Desa Bayan Apartment, which caters to those within the middle income range. There are also larger semi-detached homes, which appeal to those who are in the higher-medium to high income range. Evidently, the neighbourhood is also home to some who are much more well-to-do, as seen in the few bungalows around the area.
Amenities within Taman Sri Bayan can be found at the commercial lots, where there are convenience stores, eateries and more. The nearest school is SK Mutiara Perdana, while SK Bayan Lepas is a little drive down Jalan Dato Hashim. Other schools nearby are SJK (C) Chung Shan, SRJK (C) Chong Cheng, SMK Sungai Ara, Seri Relau National School, the Fairview International School and others.
A wider choice of amenities will require a short drive to the town of Bayan Baru, where more commercial hubs house countless conveniences like banks, clinics, restaurants, and the likes. Queensbay Mall is also around 15 minutes’ drive from the neighbourhood while another commercial hub, Bayan Baru is just beside the complex.
Accessibility wise, Taman Sri Bayan is located just off Jalan Dato Ismail Hashim and Jalan Tun Dr. Awang. These 2 roads lead to the town of Bayan Baru as well as connect to Jalan Sultan Azlan Shah. Jalan Permatang Damar Laut is also accessible from Jalan Sultan Azlan Shah, leading to Batu Maung and the second Penang bridge. Other key locations north of Bayan Lepas can be accessed via Jalan Sultan Azlan Shah as well as its alternative the Tun Dr. Lim Chong Eu Expressway, where the first Penang bridge is about 15 minutes away. Georgetown is about a 30-minute journey from the neighbourhood.
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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 Sri Bayan | 0 |
RM665,000
-
RM3,600,000
RM 449 psf - RM 666 psf |
From RM749 | NIL | NIL |
Setia Tri-Angle | 2015 |
RM430,000
-
RM1,088,888
RM 383 psf - RM 621 psf |
RM1,100 - RM1,100 | NIL | 2.81 % |
35 Pearl Villas | Oct 2014 | From RM3,287,880 | RM2,000 - RM2,000 | NIL | NIL |
Fiera Vista | 2014 |
RM610,000
-
RM6,100,000
RM 418 psf - RM 4,206 psf |
RM1,200 - RM1,200 | NIL | 0.61 % |
Meridien Residence | 2014 |
RM510,000
-
RM950,000
RM 376 psf - RM 539 psf |
RM550 - RM550 | NIL | 1.52 % |
One Residence | 2014 |
RM1,850,000
-
RM1,850,000
RM 616 psf - RM 740 psf |
RM1,900 - RM1,900 | NIL | 1.26 % |
Ideal Haus | 2014 |
RM800,000
-
RM1,250,000
RM 547 psf - RM 800 psf |
From RM1,200 | 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 488 psf | - | - |
1,500 - 2,500 SQ. FT | RM 452 psf | - | - |
2,500 - 4,000 SQ. FT | - | RM 1,500,000 psf | - |
4,000 SQ. FT and above | - | RM 3,300,000 psf | - |
Note:
Down Payment (10%) | RM 25,000 |
Loan Amount ( 90 %) | RM 225,000 |
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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