U-Garden is a uniquely designed residence nestled in the serene environment of Minden Heights, in Gelugor, Penang. The condominium was completed in 1997 but still remains well-kept despite its age.
The residence consists of two 27 and 28 storeys tall buildings with each home being a corner unit. Every single floor in U-Garden only houses 8 units, with built up sizes beginning at 700 sf. In total, the residence comprises of 422 homes. To enable convenience, each block is serviced by 3 elevators.
Although it's an old building, buyers should not be skeptical when it comes to facilities offered by the residence. U-Garden has a wide range of facilities as the property was designed with a resort theme in mind. A swimming pool, tennis court, badminton hall, covered car park as well as a sauna, nursery, convenience store and salon, can all be found within the property.
Another selling point of the property is the majestic panorama that residents can enjoy from the balconies of their homes. Thanks to the location of U-Garden, views of Bukit Gambier and the sea, with addition to the pool and Georgetown skyline are possible.
The location of U-Garden can also be regarded as strategic in terms of amenities. There are a number of educational establishments located nearby, such as SK Bukit Gambir, SMK Bukit Gambir and the Universiti Sains Malaysia (USM) campus. In addition to that, several shopping options are available just minutes away from the residence, such as D’Piazza Mall, Tesco Extra Sungai Dua, a Giant Hypermarket and Queensbay Mall.
Moving on to accessibility, Jalan Bukit Gambier is the main road connecting U-Garden to other areas. Besides that, only a short drive is needed to take residents to the Georgetown city centre and also the Penang International Airport. Furthermore, the first Penang bridge is only 7 minutes away from the property.
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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 (%) |
|---|---|---|---|---|---|
| U-Garden | 1997 |
RM185,000
-
RM450,000
RM 282 psf - RM 642 psf |
RM650 - RM650 | NIL | 4.25 % |
| White Lily | 2012 |
RM1,320,000
-
RM1,320,000
RM 571 psf - RM 571 psf |
NIL | NIL | NIL |
| 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 % |
| Plaza Ivory | 2004 |
RM435,000
-
RM920,000
RM 340 psf - RM 611 psf |
RM430 - RM430 | NIL | 2.15 % |
| Palace Hill | 2004 |
RM2,330,000
-
RM2,330,000
RM 665 psf - RM 665 psf |
NIL | NIL | NIL |
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 456 psf | - | 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 1,901,667 psf | - |
| 4,000 SQ. FT and above | - | RM 2,646,667 psf | - |
Note:
| Down Payment (10%) | RM 42,000 |
| Loan Amount ( 90 %) | RM 378,000 |
| 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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