Taman Pekaka is a residential development located in Sungai Dua, Penang. The development's proximity to the University of Science, Malaysia makes it a popular and reasonably-priced dwelling area for students and staff of the institution. In fact, the area is also near to the Inti International College Penang, making it doubly ideal for investment purposes.
Within the development, there are several types of housing options, be it apartment blocks or landed properties consisting of 1-storey and 2-storey terrace houses. One of these properties in Taman Pekaka is the Taman Pekaka Block 33, an affordable 11-storey apartment with compact 700 sf units of 3 bedrooms and 2 bathrooms layout.
There is also the freehold Taman Pekaka Apartment, completed in 1998, a 4-block complex with a total of 640 units with 3 bedrooms and 2 bathrooms each. The apartment comes with a gym, sports courts, a playground, hall, car park, as well as 24-hour security.
The Sungai Dua area is known for its convenience and ease of access to amenities. For example, schools like SMJK Phor Tay, SJK (C) Keong Hoe and SMK Bukit Jambul are just about 1km away from the area, while slightly further away there are other schools to choose from like SK Minden Height, SJK (C) Min Sin, SJK (C) Kwang Hwa, SMK Sungai Nibong, SK Bayan Baru and Fairview International School.
For the convenience of those without their own means of transport, bus stops can be found along Jalan Sungai Dua, frequented by buses number 301, 303 and 304. While Taman Pekaka is also moderately near to the Penang International Airport, the Bayan Lepas Free Industrial Zone, as well as the Georgetown city centre — about 10 km in each direction, it more than makes up for this by its closeness to the first Penang bridge and the Tun Dr Lim Chong Eu Expressway (also called the Jelutong Expressay) leading to Georgetown.
Queensbay Mall, Tesco Extra, the Penang Golf Club, Super Tanker Market and Food Court, Pantai Hospital Penang, Taman Pekaka Park and countless eateries and other retail outlets are also in the vicinity, further cementing the Taman Pekaka area as one of the most accessible locations on the island.
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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 (%) |
|---|---|---|---|---|---|
| Taman Pekaka | 0 |
RM295,000
-
RM1,290,000
RM 352 psf - RM 607 psf |
RM750 - RM750 | NIL | 1.49 % |
| White Lily | 2012 |
RM1,320,000
-
RM1,320,000
RM 571 psf - RM 571 psf |
NIL | NIL | NIL |
| Ixora Heights | 2010 |
RM468,000
-
RM575,000
RM 482 psf - RM 616 psf |
RM1,000 - RM1,000 | NIL | 2.76 % |
| 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 % |
| Palm Palladium | Oct 2008 |
RM617,000
-
RM950,000
RM 457 psf - RM 577 psf |
RM1,300 - RM1,300 | NIL | 2.2 % |
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 816 psf |
| 1,000 - 1,500 SQ. FT | RM 521 psf | - | - |
| 1,500 - 2,500 SQ. FT | - | - | RM 510 psf |
| 2,500 - 4,000 SQ. FT | - | RM 1,689,167 psf | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 17,800 |
| Loan Amount ( 90 %) | RM 160,200 |
| 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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