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Oasis Residences is an inviting neighbourhood of landed homes located in Relau, Penang. Completed in 2011 not too long ago, the development consists of just 28 units, a mixture of terraces, bungalows and semi-detacheds.
Each home within Oasis Residences is 3-storeys in height, with 10 terrace units, 16 of the semi-detacheds and just 2 exclusive bungalows. The homes come in spacious sizes, beginning with the terraces at 3,222 sf while the semi-detached units are at 3,635 sf. Both types offer 6+1 bedrooms and 5 bathrooms with high ceilings. Though details of the bungalow units other than their 6+1 bedrooms are not known, they can be expected to be of similar if not larger sizes.
Facilities within Oasis Residences include a children’s playground, while its main feature would be the parks and green landscapes surrounding the homes. 24-hour security is also provided, though it may not offer more peace of mind compared to gated and guarded communities.
However, despite the simple facilities, the homes of Oasis Residences are able to fetch high prices, with units on the market beginning from RM1.15 million. Rental is also on the higher end, with monthly rates of RM3,000.
Amenities will require a short walk or drive out of Oasis Residences to the main road of Lebuh Relau, where a number of commercial shop lots on the opposite side of the road offer conveniences like a supermarket. More amenities can also be found further down the road, like banks, conveniences stores, eateries, cafes, clinics and so on. Schools in the town of Relau like the Fairview International School, Min Sin Primary School, and SK Seri Relau are also not too far off.
Accessibility wise, Lebuh Relau is the main road which links Oasis Residences to Jalan Paya Terubong, which connects the neighbourhood to Bayan Baru down south of it. Further north of it is the town of Air Hitam. Other access routes accessible from the development is Jalan Tun Dr Awang, which also leads to Jalan Sultan Azlan Shah, a major route leading to Bayan Lepas down south of the island. Georgetown is also about 20 minutes away via either Jalan Paya Terubong, going through Air Hitam, or through Jalan Sultan Azlan Shah.
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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 (%) |
---|---|---|---|---|---|
Oasis Residences | Dec 2011 |
RM1,280,000
-
RM1,380,000
RM 374 psf - RM 404 psf |
From RM3,000 | NIL | NIL |
Sierra East | July 2017 |
RM500,000
-
RM980,000
RM 390 psf - RM 593 psf |
RM1,000 - RM1,000 | NIL | 3.24 % |
Skycube Residence | 2017 |
RM550,000
-
RM2,000,000
RM 370 psf - RM 724 psf |
RM1,000 - RM1,000 | NIL | 1.69 % |
Setia Greens | Dec 2016 |
RM470,000
-
RM1,500,000
RM 423 psf - RM 626 psf |
RM2,000 - RM2,000 | NIL | 3.35 % |
Sierra Residences | 2015 |
RM410,000
-
RM580,000
RM 395 psf - RM 577 psf |
RM950 - RM950 | NIL | 3.33 % |
Zan Pavillon | Dec 2011 |
RM300,000
-
RM1,100,000
RM 301 psf - RM 542 psf |
RM2,000 - RM2,000 | NIL | 3.52 % |
Metro Residences | Mar 2011 | RM1,080,000 - RM1,500,000 | From RM2,000 | 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 | - | - | - |
500 - 1,000 SQ. FT | RM 377 psf | - | RM 714 psf |
1,000 - 1,500 SQ. FT | RM 467 psf | RM 750,000 psf | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 115,000 |
Loan Amount ( 90 %) | RM 1,035,000 |
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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