Arcadia

85 Jalan Kelawei, 10250 Pulau Tikus, Penang
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Details:

Chinese ad 4621 326x150 01

Facilities

Covered parking

Property Details

1989
(Year of Completion)
This project was completed 33 years ago
From RM 380,000
From RM 1,600
RM160/month
Built Up
From 950 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
NIL
Total Storeys
6
Total Units
30

Description

Arcadia is one of the longest-standing apartment residences in Pulau Tikus, Penang. Completed in 1989, the property seems to be fairly well-kept despite its age. There are 30 units housed within the 6-storey residence.

All Arcadia units are built in a standard size of 950 sf, with 3 bedrooms and 2 bathrooms, where the snug homes are ideally for small families. The only facility offered to residents is a covered parking lot, while in addition to that, 24-hour security is also provided.

Arcadia is conveniently close to amenities, located along Jalan Kelawai where just across the street is the Gurney Paragon shopping mall. Countless amenities and conveniences are available there, such as a grocery store, restaurants, Auto Teller Machines (ATM), and even a cinema. To add, Gurney Plaza is also just down the road, while more amenities like banks, clinics, hawker centres and so on are available all along Jalan Burma nearby.

Schools in the Pulau Tikus area are also aplenty, including SMK Westlands, SK Jalan Residensi, SMK Covent Pulau Tikus, St. Christopher’s International School and more. Medical facilities are also conveniently close by, in the form of the Penang Adventist Hospital, Island Hospital, the Gleneagles Penang Medical Centre, and the Loh Guan Lye Specialist Centre.

Accessibility wise, roads like Jalan Kelawai and Jalan Burma connect Arcadia to the centre of Georgetown, while Jalan Macalister not too far off also leads straight to Weld Quay and the Tun Dr. Lim Chong Eu Expressway. The route then leads to the first Penang bridge about 15 minutes away and the industrial area of Bayan Lepas about 25 minutes from the property.

Despite its strategic location, the freehold homes of Arcadia are considerably affordable at subsale prices beginning from RM380,000. Perhaps due to its age and the heavy traffic along Jalan Kelawai which will make living there a little too nightmarish for some. Rental is about average for the area, at RM1,600 a month.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants
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Safety
Traffic
Quietness


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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 (%)
Arcadia 1989 From RM 380,000 RM 1,400 - RM 1,400 NIL NIL
Y Cantonments Mar 2017 RM 3,800,000 - RM 5,504,875 NIL RM 1,776,397 (RM 875 psf) NIL
The Manor Dec 2013 From RM 5,050,000 NIL NIL NIL
Gurney Paragon Sept 2011 RM 2,750,000 - RM 4,500,000
RM 878 psf - RM 1,214 psf
RM 5,500 - RM 5,500 RM 3,800,000 (RM 901 psf) 2.38 %
H Residence 2009 RM 1,800,000 - RM 2,800,000
RM 360 psf - RM 560 psf
RM 6,800 - RM 9,000 NIL 3.47 %
Millennium Tower 2005 RM 2,870,000 - RM 3,850,000 RM 2,400 - RM 2,400 NIL 1.25 %
Gurney Palace 2004 RM 2,700,000 - RM 3,100,000
RM 675 psf - RM 775 psf
RM 6,500 - RM 6,500 NIL 2.36 %

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 881 psf - RM 596 psf
1,000 - 1,500 SQ. FT RM 479 psf - RM 447 psf
1,500 - 2,500 SQ. FT RM 953 psf - -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above RM 731 psf RM 393 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 650 psf
Non Landed Properties
RM 668 psf
Landed Properties
RM 512 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 38,000
Loan Amount ( 90 %) RM 342,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
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Monthly Installment
RM 3,000 ±
Maintenance Fee
RM 160 ±
RM 160.0 psf (950 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.

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