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Taman Teratai

Taman Teratai, 13400 Butterworth, Penang
Terrace Semi Detached Shop Office
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Details:

Chinese ad 4621 326x150 01

Property Details

From RM570,000
From RM1,000
Built Up
From 1,600 SQ. FT
Land Title
Mixed
Tenure
Freehold
Total Blocks
NIL
Total Storeys
3
Total Units
NIL
Parking
Min. 1

Description

Taman Teratai is a neighbourhood located off Jalan Ong Yi How in Butterworth. It is a very short distance away from the main road of Jalan Raja Uda, contributing to the value and prices of the properties in the neighbourhood. Other nearby neighbourhoods include Taman Segemal, Taman Sena, Taman Teratai Indah and Taman Pandan.

Properties in Taman Teratai include 2-storey link houses, some with wide porches and extensive balconies, 2-storey detached houses and 3-storey shop offices. Many of these properties, even the link houses, come with 4 bedrooms, making them suitable for families, buyers who want the flexibility of having more rooms, or investors who want to rent the rooms out.

Furthermore, Taman Perindustrian Teras Jaya is just across the road from Taman Teratai, giving residents walking access to restaurants, cafes, several banks (including Hong Leong Bank, RHB Bank, CIMB Bank and Maybank), furniture stores, pet shops, beauty salons, optical shops, convenience stores, mini marts, and even a supermarket, Econsave Raja Uda. The nearest school is SMJK Chung Ling Butterworth, about 10 minutes on foot and 2 minutes by car.

Buses pass by along Jalan Ong Yi How, in front of Taman Teratai – in particular, Rapid Penang bus 604, which goes between the Penang Sentral train, bus and ferry terminal in Butterworth, and Sungai Dua in Seberang Perai. By car and with non-congested traffic, one can get to Penang Sentral from the neighbourhood within about 15 to 20 minutes.

From Penang Sentral, ferries depart to the Penang Island, stopping in Georgetown, the state capital. There is yet another way to get to the island – via the Penang Bridge, which is about 16 to 17km away from Taman Teratai.

To drive to the Penang Bridge, residents can either take the older trunk road, Jalan Bagan Ajam, or the Butterworth Outer Ring Road (BORR). The latter is closer to the neighbourhood, about 2 minutes away, while the former route is not much further either, just under 5 minutes.

NIL
Security
Yes
Pet Friendly
No
Eco Friendly (None)
Butterworth
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Nearby Amenities:

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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 Teratai 0 From RM570,000 From RM1,000 NIL NIL
Orange 3 2016 RM435,000 - RM485,000
RM 326 psf - RM 363 psf
RM1,200 - RM1,200 NIL 3.72 %
Mandarin Quarter Mar 2012 From RM680,000 NIL 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 - - -
1,500 - 2,500 SQ. FT - - -
2,500 - 4,000 SQ. FT - RM 495,000 psf -
4,000 SQ. FT and above - RM 1,800,000 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 200 psf
Non Landed Properties
RM 48,051 psf
Landed Properties
RM 289 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 57,000
Loan Amount ( 90 %) RM 513,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (1,600 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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