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The Mayfair is one of the most exclusive of all the older condominiums in Penang. The Mayfair comes with an extremely low density, and units the size of bungalows if not bigger and the penthouse doubling that. All the units overlook the sea, hence residents get to enjoy the sea view and sea breeze from their homes. Prices of homes here have appreciated steadily over the years.
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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 Mayfair | 2007 |
RM2,400,000
-
RM3,988,000
RM 480 psf - RM 797 psf |
RM7,500 - RM7,500 | NIL | 2.91 % |
Mansion One | 2015 |
RM600,000
-
RM1,300,000
RM 604 psf - RM 1,385 psf |
RM1,500 - RM1,500 | NIL | 3.65 % |
Scott Residence | 2015 |
RM1,450,000
-
RM2,850,000
RM 692 psf - RM 1,400 psf |
RM2,000 - RM2,000 | NIL | 1.59 % |
8 Gurney | 2013 |
RM3,700,000
-
RM6,380,000
RM 464 psf - RM 686 psf |
RM8,500 - RM8,500 | NIL | 2.8 % |
Residence 21 | 2012 |
RM2,950,000
-
RM3,350,000
RM 536 psf - RM 558 psf |
RM7,500 - RM7,500 | NIL | 2.64 % |
11 Gurney Drive | 2007 |
RM3,200,000
-
RM4,000,000
RM 941 psf - RM 952 psf |
RM8,000 - RM8,000 | NIL | 2.54 % |
Sri Pangkor | 1999 |
RM1,040,000
-
RM2,000,000
RM 478 psf - RM 866 psf |
RM2,400 - RM2,400 | NIL | 2.66 % |
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 689 psf | - | RM 585 psf |
1,000 - 1,500 SQ. FT | - | - | - |
1,500 - 2,500 SQ. FT | RM 825 psf | RM 2,000,000 psf | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | RM 6,150,000 psf |
Note:
Down Payment (10%) | RM 278,000 |
Loan Amount ( 90 %) | RM 2,502,000 |
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.
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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