Nipah Emas is an apartment residence located in Sungai Nibong, Penang. The 22-storey, high-density residence appears to be quite some years old, though fairly well-maintained.
The homes of Nipah Emas appear to be mid-range, with prices on the subsale market beginning from RM360,000. The units come in a standard built-up size of about 700 sf with 3 bedrooms and 2 bathrooms each, just enough to accommodate a small family. Rental is also average, at about RM900 a month.
Facilities at Nipah Emas is the basic swimming pool and covered car park, as can be found in most other apartment residences of similar range in the area. However, 24-hour security is provided, which is a plus point for the property.
Amenities are also located within quick reach of Nipah Emas, where commercial hubs like Byan Point in the vicinities house conveniences like eateries, mini markets, banks and more. There is also the Mydin Wholesale Hypermarket Bukit Jambul, as well the island’s largest shopping outlet, Queensbay Mall just under 10 minutes away.
In terms of accessibility, Nipah Emas is located along Jalan Bukit Gambir, which links directly to Jalan Tun Dr Awang. The latter road then leads to the area of Relau to the west while on the east is Jalan Sultan Azlan Shah, which is the main road connecting to Bayan Baru (5 minutes) and Bayan Lepas (10 minutes) southwards. About 15 minutes up north of Jalan Sultan Azlan Shah will also lead to the first Penang bridge and Georgetown, roughly 20 minutes from the property. The Tun Dr Lim Chong Eu Expressway is also within proximity, providing an alternative route to the aforementioned key locations.
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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 (%) |
|---|---|---|---|---|---|
| Nipah Emas | 0 |
RM228,000
-
RM400,000
RM 400 psf - RM 571 psf |
RM900 - RM900 | NIL | 4.2 % |
| The CEO | 2012 |
RM280,000
-
RM500,000
RM 608 psf - RM 926 psf |
RM1,550 - RM1,550 | NIL | 4.77 % |
| 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 |
RM1,200,000
-
RM1,200,000
RM 571 psf - RM 571 psf |
RM2,000 - RM4,000 | NIL | 3.27 % |
| i-Avenue | 2008 | RM150,000 - RM558,000 | RM900 - RM4,200 | NIL | 8.64 % |
| Krystal Point | 2005 | From RM300,000 | From RM1,350 | 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 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 1,875,000 psf | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 36,000 |
| Loan Amount ( 90 %) | RM 324,000 |
| 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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