Desa University is a towering apartment complex situated along Jalan Sungai Dua, Penang, which was completed in 1998. It comprises of 145 residential units housed in two 11-storey buildings. 142 of them are standard units at 1,000 sf. Each unit comes with 3 bedrooms and 2 bathrooms, as well as a balcony. There are also 3 penthouse units which are 2,120 sf in size.
Facilities offered at Desa University are pretty basic, such as a covered parking lot, barbecue area, swimming pool, wading pool, gymnasium playground, landscaped garden and also 24-hour security. Residents can also enjoy panoramic views of University Sains Malaysia (USM) and the surrounding greenery. The ocean can also be seen from several selected units.
Another selling point of this residence is its location. Desa University is located within walking distance of USM. Thus it is an ideal dwelling for staff and students of the university. Besides that, residents of the apartment also have great access to amenities nearby. The Sungai Dua neighbourhood is already established and hosts several other residential complexes.
Among the amenities available in its vicinity are hawker centres, fast food outlets, convenience stores and a wet market. Additionally, there is a hypermarket just 1 km away, plus several shopping malls, such as Sunshine Tower and Queensbay Mall.
In addition to that, there are several schools that are located a few kilometres away from Desa University, such as SK Bukit Gambir, SK Minden Height, SMK Datuk Hj. Mohamed Nor Ahmad and SMK Hamid Khan.
When it comes to accessibility, Desa University’s residents will never find it an issue. The first Penang bridge is a 5 minutes’ drive from the apartment. Furthermore, travelling to Georgetown and Bayan Lepas is also convenient due to the Jelutong Expressway located nearby the residence. Public transport can also be found without a hassle and is available within reach of the property, such as the Sungai Nibong Bus Terminal and the Penang ferry terminal in Weld Quay.
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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 (%) |
|---|---|---|---|---|---|
| Desa University | 1998 |
RM495,000
-
RM820,000
RM 378 psf - RM 550 psf |
RM1,100 - RM1,100 | NIL | 2.61 % |
| Vilaris | Jan 2016 |
RM1,088,000
-
RM2,500,000
RM 291 psf - RM 519 psf |
NIL | NIL | NIL |
| White Lily | 2012 |
RM1,320,000
-
RM1,320,000
RM 571 psf - RM 571 psf |
NIL | NIL | NIL |
| The Uban Residence | 2010 |
RM880,000
-
RM1,300,000
RM 418 psf - RM 650 psf |
RM2,200 - RM2,200 | NIL | 2.15 % |
| Asia Hills | 2010 |
RM2,390,000
-
RM2,500,000
RM 612 psf - RM 756 psf |
RM5,500 - RM5,500 | NIL | 2.45 % |
| Ideal Regency | Dec 2009 |
RM550,000
-
RM820,000
RM 387 psf - RM 608 psf |
RM1,200 - RM1,200 | NIL | 3.24 % |
| The Palazzia | 2009 | RM700,000 - RM900,000 | RM1,800 - RM2,600 | NIL | 3.3 % |
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 | - | - | RM 451 psf |
| 500 - 1,000 SQ. FT | RM 527 psf | - | RM 816 psf |
| 1,000 - 1,500 SQ. FT | RM 488 psf | RM 476,667 psf | - |
| 1,500 - 2,500 SQ. FT | - | - | RM 510 psf |
| 2,500 - 4,000 SQ. FT | - | RM 1,982,500 psf | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 50,000 |
| Loan Amount ( 90 %) | RM 450,000 |
| 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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