Villa Indah is a residential apartment located in Pulau Tikus, Penang. Made up of a single block standing at 8 storeys tall, the residence appears to be in good condition despite having been around since 1993.
There are only 20 units within Villa Indah, with units ranging between the sizes of 1,300 sf to 2,100 sf. The property is freehold tenure, while the only facility provided is a parking lot. 24-hour security is also provided, along with some basic landscaping.
Villa Indah sits along Jalan Cantonment, where plenty of amenities can be found in the vicinities. Most can be found along Jalan Burma, where hawker centres, restaurants, convenience stores and more area available. Shopping malls like Island Plaza, Gurney Paragon and Gurney Plaza are also nearby. Schools in the area include St. Christopher’s International School, SMK Westlands, SK Jalan Residensi as well as others. Medical facilities namely the Gleneagles Penang Medical Centre, Island Hospital and the Loh Guan Lye Specialist Centre are also just minutes’ drive away,.
Jalan Cantonment connect to Jalan Burma, which leads to the area surrounding Gurney Drive one way and Georgetown in the other direction. Other roads in the area include Jalan Perak, which can lead to Jalan Sultan Azlan Shah and ultimately, the first Penang bridge as well as Bayan Lepas.
Given its location so close to a range of amenities, units at Villa Indah begin from RM888,000, which is rather high. There are also few to none units which can be found for rent.
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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 (%) |
|---|---|---|---|---|---|
| Villa Indah | 1993 |
RM1,200,000
-
RM1,400,000
RM 545 psf - RM 636 psf |
NIL | NIL | NIL |
| Y Cantonments | Mar 2017 | RM3,800,000 - RM5,504,875 | NIL | NIL | NIL |
| The Manor | Dec 2013 | From RM5,050,000 | RM6,000 - RM6,000 | NIL | NIL |
| Gurney Paragon | Sept 2011 |
RM2,750,000
-
RM4,500,000
RM 878 psf - RM 1,214 psf |
RM5,500 - RM5,500 | NIL | 2.38 % |
| H Residence | 2009 |
RM1,800,000
-
RM2,800,000
RM 360 psf - RM 560 psf |
RM7,000 - RM7,000 | NIL | 3.0 % |
| 11 Gurney Drive | 2007 |
RM3,200,000
-
RM4,000,000
RM 941 psf - RM 952 psf |
RM8,000 - RM8,000 | NIL | 2.54 % |
| Millennium Tower | 2005 | RM2,870,000 - RM3,850,000 | RM2,400 - RM2,400 | NIL | 1.25 % |
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 | RM 597 psf | - | RM 585 psf |
| 1,000 - 1,500 SQ. FT | RM 816 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 1,168 psf | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | RM 853 psf | - | - |
Note:
| Down Payment (10%) | RM 88,800 |
| Loan Amount ( 90 %) | RM 799,200 |
| 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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