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The Bayu is an apartment located close to the main road of Jalan Tanjung Tokong in Tanjung Tokong, Penang. Completed in 2008, the freehold property is just 5 storeys tall, but has about 216 units, giving it a high average of over 40 units per floor. However, for residents who do not mind living in a high-density environment, The Bayu offers a secure and well-maintained living place near to the state capital of Penang.
The residential units range from over 700 sf to 1,400 sf, and have 2 bathrooms and at least 3 bedrooms. Despite the relatively affordable prices of its units (compared to other properties in the sought-after area of Tanjung Tokong), The Bayu provides several facilities for its residents like a half-basketball court, landscaped garden, lifts, gym and barbecue area.
Location-wise, The Bayu is surrounded by many retail and office complexes, such as the Island Plaza, Precinct 10, Prima Tanjung Penang. Seri Tanjung Pinang is less than 2km away, where residents can find the Penang Performing Arts Centre and many upscale fashion, beauty, food and beverage outlets at the Straits Quay seafront retail marina. Gurney Drive and the shopping malls of Gurney Paragon and Gurney Plaza are also about 3km from The Bayu by car.
However, The Bayu’s accessible location means that traffic in the area can get a little heavy at times, a situation that is somewhat mitigated by some motorists opting for the inland Jalan Mount Erskine. Residents of The Bayu will also be able to catch buses like 101, 102, 103 and 104, which travel to a wide range of places like Tanjung Bungah, Teluk Bahang, the Georgetown jetty and Bayan Lepas, as well as many other towns and neighbourhoods in between.
Nearby schools include SJK (C) Hun Bin in Tanjung Tokong, the Dalat International School and SMK Tanjong Bunga in Tanjung Bungah, in addition to the Phor Tay Private High School, SK St. Xavier Cawangan, SMK (P) St. George, SMK Westlands and SMK Padang Polo in Georgetown.
Medical facilities are also easily available, in the form of the Penang General Hospital, Adventist Medical Centre, Penang Adventist Hospital and Gleneagles Penang Medical Center, all situated in Georgetown.
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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 (%) |
---|---|---|---|---|---|
The Bayu | 2008 | From RM600,000 | From RM1,100 | NIL | NIL |
The Latitude | May 2015 |
RM700,000
-
RM1,200,000
RM 465 psf - RM 750 psf |
RM1,700 - RM1,700 | NIL | 3.01 % |
Taman Bukit Erskine | 2014 |
RM215,000
-
RM310,000
RM 328 psf - RM 476 psf |
RM650 - RM650 | NIL | 3.77 % |
One One Eight | 2012 |
RM465,000
-
RM850,000
RM 731 psf - RM 958 psf |
RM1,800 - RM1,800 | NIL | 4.2 % |
Fettes Residences | June 2011 |
RM1,050,000
-
RM2,000,000
RM 433 psf - RM 1,000 psf |
RM2,500 - RM2,500 | NIL | 3.19 % |
The Brezza | 2011 |
RM600,000
-
RM1,250,000
RM 480 psf - RM 912 psf |
RM1,500 - RM1,500 | NIL | 3.08 % |
The Peak Residences | 2011 |
RM298,000
-
RM1,900,000
RM 389 psf - RM 718 psf |
RM1,200 - RM1,200 | NIL | 1.86 % |
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 | - | - | RM 645 psf |
500 - 1,000 SQ. FT | RM 649 psf | - | RM 348 psf |
1,000 - 1,500 SQ. FT | RM 504 psf | - | - |
1,500 - 2,500 SQ. FT | RM 573 psf | - | - |
2,500 - 4,000 SQ. FT | - | RM 2,566,667 psf | - |
4,000 SQ. FT and above | - | RM 4,325,000 psf | - |
Note:
Down Payment (10%) | RM 60,000 |
Loan Amount ( 90 %) | RM 540,000 |
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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