Marina Tower is a beautiful beach fronting condominium in Tanjung Bungah of Penang, which is also known as Ratu Mutiara. These coveted and low density homes are made even more desirable for being backed by mountains, where residents enjoy a serene environment surrounded by lush greenery. It is however located much on the outskirts of town, hence those working in the city of Georgetown will find that they have to travel a rather long distance to work.
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 (%) |
|---|---|---|---|---|---|
| Marina Tower | 1998 |
RM 300,000
-
RM 900,000
RM 428 psf - RM 623 psf |
RM 1,200 - RM 1,200 | NIL | 6.76 % |
| Shamrock Beach | 2012 | RM 1,386,000 - RM 2,850,000 | RM 9,000 - RM 12,000 | NIL | 5.95 % |
| Harmony Residence | Dec 2011 |
RM 3,200,000
-
RM 3,600,000
RM 640 psf - RM 692 psf |
RM 8,999 - RM 8,999 | NIL | 2.73 % |
| Surin | 2011 |
RM 700,000
-
RM 950,000
RM 493 psf - RM 657 psf |
RM 1,800 - RM 1,800 | NIL | 2.43 % |
| Beverly Hills | 2011 |
RM 1,350,000
-
RM 5,300,000
RM 465 psf - RM 852 psf |
RM 3,000 - RM 3,000 | NIL | 2.35 % |
| The Waterfront | Mar 2010 |
RM 900,000
-
RM 1,750,000
RM 457 psf - RM 866 psf |
RM 2,800 - RM 2,800 | NIL | 2.2 % |
| Infinity | Mar 2010 |
RM 2,500,000
-
RM 6,500,000
RM 663 psf - RM 756 psf |
RM 6,800 - RM 6,800 | NIL | 1.82 % |
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 412 psf | - | - |
| 1,000 - 1,500 SQ. FT | RM 474 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 479 psf | RM 284 psf | - |
| 2,500 - 4,000 SQ. FT | RM 429 psf | - | - |
| 4,000 SQ. FT and above | - | RM 235 psf | - |
Note:
| Down Payment (10%) | RM 23,000 |
| Loan Amount ( 90 %) | RM 207,000 |
| 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 Marina Tower? Fill in your details and we will get right back to you!
