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Nibong Indah

Lorong Aziz Ibrahim, Kampung Sungai Nibong, 11700 Gelugor, Penang
Apartment
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Details:

Chinese ad 4621 326x150 01

Facilities

Parking lots

Property Details

From RM249,000
From RM650
Built Up
From 700 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
1
Total Storeys
14
Total Units
NIL

Description

Nibong Indah is a medium cost apartment located along Jalan Aziz Ibrahim in Sungai Nibong, Penang.

The apartment sits on freehold land and each units has a standard layout of 3 bedrooms and 2 bathrooms with built-up space of 700 sf. Due to the age of the property, most of the units are currently occupied or for lease.

Based on the medium cost status and the age of the property, facilities offered to the residents are limited. Security is provided within the property besides parking lots. These two facilities are standard to medium cost properties, thus it is not really a surprise to potential buyers.

Nibong Indah’s location is very well-situated. Hence, when it comes to amenities, they are quite accessible. The variety of conveniences nearby is a plus point for potential investors and homebuyers.

Several educational institutions and schools located within close proximity to the residence include SMJK(C) Phor Tay, SK Sungai Nibong, D’Monte Child Care, SJK(C) Kwang Hwa and Imiki Kindercare.

Not only that, there are also several restaurants and the popular Food Court Cina Golden Bay are just minutes away. Queensbay Mall is also just 5 minutes away from the apartment.

Accessibility is another good aspect of Nibong Indah, thanks to Jalan Aziz Ibrahim. This is the main route for Penangites to commute that also connects to Jalan Sultan Azlan Shah and Tun Dr. Lim Chong Eu Expressway.

For those who travel via public transport, fret not. The property is along the Rapid Penang bus route. Residents can catch the 308 busses that pass along Jalan Aziz Ibrahim. Other than that, there is also a bus terminal located several minutes away from Nibong Indah.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
Sungai Nibong
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Nearby Amenities:

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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 (%)
Nibong Indah 0 RM240,000 - RM430,000
RM 202 psf - RM 514 psf
RM950 - RM950 NIL 4.12 %
Taman Pantai Indah Dec 2016 NIL NIL NIL NIL
Vilaris Jan 2016 RM1,088,000 - RM2,500,000
RM 291 psf - RM 519 psf
NIL NIL NIL
Summerton Condominium Apr 2014 RM680,000 - RM1,900,000
RM 415 psf - RM 829 psf
RM1,700 - RM1,700 NIL 2.43 %
Summerton Bayan Indah 2014 RM1,200,000 - RM1,900,000
RM 652 psf - RM 806 psf
RM1,800 - RM1,800 NIL 1.89 %
Taman Jerejak Villa 2011 RM428,000 - RM428,000
RM 503 psf - RM 503 psf
From RM2,500 NIL NIL
Ixora Heights 2010 RM468,000 - RM575,000
RM 482 psf - RM 616 psf
RM1,000 - RM1,000 NIL 2.76 %

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 645 psf
500 - 1,000 SQ. FT RM 558 psf - RM 984 psf
1,000 - 1,500 SQ. FT RM 649 psf RM 186,584 psf RM 822 psf
1,500 - 2,500 SQ. FT RM 521 psf RM 409,000 psf RM 662 psf
2,500 - 4,000 SQ. FT RM 579 psf RM 1,568,333 psf -
4,000 SQ. FT and above - - RM 769 psf
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 445 psf
Non Landed Properties
RM 80,933 psf
Landed Properties
RM 819 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

Down Payment (10%) RM 24,900
Loan Amount ( 90 %) RM 224,100
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (700 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

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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