Horizon Tower is a beautiful development of condominium towers that embrace nature with its views of the sea while backing the mountains of Tanjung Bungah on the island of Penang. Being a low density development, privacy is a guarantee and being a sea-fronting condominium, residents of Horizon Tower enjoy fresh sea breezes.
CLICK HERE TO USE MAP
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 (%) |
|---|---|---|---|---|---|
| Horizon Tower | 1988 |
RM 1,600,000
-
RM 2,800,000
RM 523 psf - RM 560 psf |
RM 5,900 - RM 5,900 | RM 1,225,000 (RM 437 psf) | 3.03 % |
| One Tanjong | Nov 2014 |
RM 2,700,000
-
RM 4,100,000
RM 567 psf - RM 863 psf |
RM 7,500 - RM 7,500 | NIL | 2.75 % |
| Fettes Park | 2011 |
RM 700,000
-
RM 950,000
RM 775 psf - RM 791 psf |
NIL | RM 1,563,055 (RM 365 psf) | NIL |
| Skyhome | Feb 2010 |
RM 3,900,000
-
RM 4,300,000
RM 619 psf - RM 682 psf |
RM 8,000 - RM 8,000 | NIL | 2.3 % |
| Springtide Residences | 2009 |
RM 3,800,000
-
RM 3,800,000
RM 950 psf - RM 950 psf |
RM 8,500 - RM 8,500 | RM 4,225,000 (RM 910 psf) | 2.49 % |
| The Cove | 2007 |
RM 2,400,000
-
RM 12,000,000
RM 400 psf - RM 666 psf |
RM 7,000 - RM 7,000 | RM 2,784,000 (RM 476 psf) | 1.23 % |
| Villa Batu Bukit | 2004 |
RM 570,000
-
RM 620,000
RM 590 psf - RM 620 psf |
RM 950 - RM 950 | NIL | 2.05 % |
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 | RM 517 psf | - | - |
| 2,500 - 4,000 SQ. FT | RM 391 psf | RM 326 psf | - |
| 4,000 SQ. FT and above | RM 563 psf | RM 352 psf | - |
Note:
| Down Payment (10%) | RM 100,000 |
| Loan Amount ( 90 %) | RM 900,000 |
| 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.
With PropSocial, everyone can now find their dream home. Looking to buy, sell or rent a home of Horizon Tower? Fill in your details and we will get right back to you!
