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The Gates
Lintang Beringin 5, 11960 Batu Maung, Penang
Factory
Details:
Property Details
From RM2,950,000
From RM5,000
Built Up
2,600 SQ. FT - 4,281 SQ. FT
Land Title
Commercial
Tenure
Freehold
Total Blocks
NIL
Total Storeys
2
Total Units
20
Description
The Gates in Batu Maung, Penang is a light industrial factory development situated close to Diamond Valley Industrial Park and other industrial areas within Bayan Lepas. The region is set to see many more industrial projects in the future with much of the land there being allocated for industrial use.
The upcoming industrial development of The Gates offers 20 units of modern and spacious light industrial factories. There is a choice of semi-detached and detached units, all on a 3-acre freehold land. Phase 1 of the project, which is currently in the process of completion, comprises of 12 double-storey semi-detached units and 1 unit of the double-storey bungalow type. All units are commonly built on an expansive land area measuring a minimum of 3,600 sf with spacious built-up sizes beginning from 2,600 sf.
The Gates light industrial factories are also functional and practical with modern features as well as quality fittings and furnishings, all designed to cater to a variety of business needs. Each unit has a 200 lbs/sf floor loading capacity and 12 ft high ceiling on the ground floor, and 10 ft high ceiling on the upper floor. These features enable loading and logistical ease while 3 phase 150 Amp supply powers each unit. Also featured are an automatic sliding gate and roller shutter for increased convenience and security.
Businesses within The Gates will enjoy easy access to the many amenities available within its vicinity. Some amenities include a Bank Pertanian Malaysia Berhad branch, CIMB Islamic branch and Ambank Auto Teller Machine in a 7-Eleven just off Jalan Batu Maung. There are also a couple of mini markets close by, which are the Pasaraya Seri Idaman and the Kim San Mini Market. There are also many eateries within the numerous commercial shop-lots there, hence figuring out what to eat every day may not be that big of a problem.
In terms of accessibility, The Gates is within proximity of Jalan Batu Maung, which joins to the Tun Dr. Lim Chong Eu Expressway leading to other parts of Bayan Lepas and the second Penang bridge. It is also the main road used to head up north to Georgetown, a journey of around 25 minutes depending on traffic.
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Nearby Amenities:
-
Nearby Properties
Nothing found within 1km
-
Public Transportation
Nothing found within 10km
-
Schools & Universities
Nothing found within 10km
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Hospitals & Clinics
Nothing found within 10km
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Shops / Malls
Nothing found within 10km
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Places of Worship
Nothing found within 10km
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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 Gates | 0 | From RM2,950,000 | From RM5,000 | NIL | NIL |
| The Terrace | 2013 |
RM848,000
-
RM1,850,000
RM 346 psf - RM 578 psf |
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 | - | - | - |
| 4,000 SQ. FT and above | - | RM 1,390,000 psf | - |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 0 psf
Non Landed Properties
RM 37,164 psf
Landed Properties
RM 359 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 295,000 |
| Loan Amount ( 90 %) | RM 2,655,000 |
| 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
(2,600 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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