Taman Tanjong at Tanjung Bungah, Penang, is an apartment development that is built to 5 storeys. This freehold property has been completed for a number of years but still looks well maintained. Sizes of units come at a moderate 800 sf at the very least.
Facilities-wise, residents will get 24 hours security with CCTV while children can have fun at the playground within the property. Though other facilities like a BBQ pit, sauna, swimming pool are not available, residents can go to the nearby beach given the property's location so close to the seafront.
In terms of amenities, residents of Taman Tanjong can enjoy access to a number of them, since the property is located just a stone’s throw away from Jalan Tanjung Bungah. From banks to clinics, cafes, restaurants, police stations, and even a Wind Surfing Club, amenities within the vicinity are plentiful and assorted. The nearest Tesco is also just 1 km away!
Parents who are looking for schools have a wide variety of choice from SJK(C) Hun Bin, Anchorville Academy, to the preschool institutions like Tadika Melodi Tanjung Bungah, Tadika Perpaduan Tanjung Tokong, and Smart Reader Kids which are all within 1 km.
Jalan Tanjung Bungah will be the main road residents use to commute to and from the city. Georgetown is only 10 km away and the first Penang bridge is a little further down south. The Island Plaza will be the closest mall while other entertainment and leisure venues such as Gurney Paragon, Gurney Plaza, 1st Avenue Mall, among others are just 15 minutes away. Those wanting public transportation will not have to go far with the Rapid Penang Bus and Farquhar Street taxi stand being just a few minutes’ walk away from the residence.
Taman Tanjong is well-connected to the main road, though it can be considered slightly secluded. As a place to actually own and stay in, it is a good investment. Investors seeking to rent out also may not have too much of an an issue finding tenants. The only concern most will have is the overall outlook of the building which may seem slightly plain and lacklustre.
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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 Tanjong | 0 |
RM320,000
-
RM2,600,000
RM 385 psf - RM 1,040 psf |
RM900 - RM900 | NIL | 0.74 % |
| One Tanjong | Nov 2014 |
RM2,700,000
-
RM4,100,000
RM 567 psf - RM 863 psf |
RM7,500 - RM7,500 | NIL | 2.75 % |
| The Brezza | 2011 |
RM600,000
-
RM1,250,000
RM 480 psf - RM 912 psf |
RM1,500 - RM1,500 | NIL | 3.08 % |
| Fettes Park | 2011 |
RM690,000
-
RM4,300,000
RM 627 psf - RM 833 psf |
NIL | NIL | NIL |
| Skyhome | Feb 2010 |
RM3,900,000
-
RM4,300,000
RM 619 psf - RM 682 psf |
RM8,000 - RM8,000 | NIL | 2.3 % |
| Springtide Residences | 2009 |
RM3,650,000
-
RM3,800,000
RM 715 psf - RM 950 psf |
RM8,500 - RM8,500 | NIL | 2.54 % |
| Villa Batu Bukit | 2004 |
RM570,000
-
RM620,000
RM 590 psf - RM 620 psf |
RM1,000 - RM1,000 | NIL | 2.1 % |
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 498 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 478 psf | - | - |
| 2,500 - 4,000 SQ. FT | RM 328 psf | RM 1,600,000 psf | - |
| 4,000 SQ. FT and above | RM 739 psf | RM 2,645,000 psf | - |
Note:
| Down Payment (10%) | RM 48,000 |
| Loan Amount ( 90 %) | RM 432,000 |
| 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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