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Halaman Teratai is a pleasant low-rise, low-density apartment residence located in Sungai Nibong, Penang. Though completed many years ago in 1999, the residence still maintains a well-kept outlook. There are 3 blocks in total, each only 5 storeys in height.
Halaman Teratai offers only 48 standard units, each with built-up sizes ranging between 840 sf to 970 sf. Layout of the units are also similar, with 3 bedrooms and 2 bedrooms each. Though the apartment only offers a parking lot, it is guarded by 24-hour security and also enjoys some greenery with a garden and minimal landscaping.
Understandably, due to their size and location, the homes are still priced quite high despite their age and leasehold status, starting from RM405,000. Rental is about RM900 per month, with rates for certain furnished units being slightly higher.
Amenities within the vicinities of Halaman Teratai are numerous, with a number of commercial lots all within reach of it. With that, eateries, convenience stores, mini markets and more are just a few minutes’ walk from the residence. More amenities are just a short drive away at the Krystal Point commercial hub, and Queensbay Mall and the Bayan Bay commercial centre in the area, about 5 minutes’ drive from the apartment.
Halaman Teratai is a residence that is ideal for families, especially for parents who are working in the Bayan Lepas area. Schools are aplenty in the Sungai Nibong town, with the nearest to the property being SRJK (C) Shih Chung (branch) and SMK Sungai Nibong. Others nearby include Kwang Hwa Primary School and SMJK Phor Tay.
Given its location just off Jalan Sultan Azlan Shah, Halaman Teratai enjoys easy accessibility to and from the town of Bayan Lepas, Batu Maung, as well as the second Penang bridge, all about 10 minutes’s drive away. The first Penang bridge is even nearer, being a little over 5 minutes’ drive from the property. Georgetown on the other hand, is about 20 minutes away. The Tun Dr. Lim Chong Eu Expressway is also accessible from the residence, providing another route to Bayan Lepas and Georgetown.
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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 (%) |
---|---|---|---|---|---|
Halaman Teratai | 1999 | From RM405,000 | From RM900 | NIL | NIL |
The CEO | 2012 |
RM280,000
-
RM500,000
RM 608 psf - RM 926 psf |
RM1,550 - RM1,550 | NIL | 4.77 % |
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 % |
Asia Hills | 2010 |
RM2,390,000
-
RM2,500,000
RM 612 psf - RM 756 psf |
RM5,500 - RM5,500 | NIL | 2.45 % |
Krystal Garden | 2010 | RM950,000 - RM1,250,000 | RM2,000 - RM4,000 | NIL | 3.27 % |
i-Avenue | 2008 | RM150,000 - RM558,000 | RM900 - RM4,200 | NIL | 8.64 % |
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 790 psf |
500 - 1,000 SQ. FT | - | - | RM 867 psf |
1,000 - 1,500 SQ. FT | - | RM 186,584 psf | RM 822 psf |
1,500 - 2,500 SQ. FT | - | RM 409,000 psf | RM 449 psf |
2,500 - 4,000 SQ. FT | - | RM 1,691,000 psf | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 40,500 |
Loan Amount ( 90 %) | RM 364,500 |
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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