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BL Avenue at Farlim is a new freehold, modern condominium sporting a 25 storeys tower filled with only 168 units of residences. This property was developed by Reka Indah Development of Penang and has been around for a number of years.
All units are of the same layout and size, with 3 bedrooms and 2 bathrooms covering a generous 1,100 sf, which is a pretty good size. Designated parking comes standard and all units have an intercom system and single entry-point for security.
BL Avenue comes loaded with a bunch of facilities, namely 24 hour security, CCTV surveillance, BBQ pits, a playground, table tennis corner, gymnasium, games room, community hall, and also centralized Astro signal.
Residents need not worry about convenience as there is a mini market, Sunshine Farlim Mall, and even the Greenland Height Food Court and Market all located just 10 minutes from the residence. The health-conscious will also be rest-assured to know that Lam Wah Ee Hospital is only 4 minutes away and other medical institutions such as Tropicana Medical Centre Penang, Klinik Special, Klinik Singapore are all within short driving distance as well.
BL Avenue is strategically placed with it being accessible through Lorong Batu Lancang and Lorong Thean Theik. Those roads will be the ones to take when heading to schools like SM Vokasional Batu Lancang, SK Batu Lanchang, SMK Georgetown, SM Teknik Batu Lancang, SM Teknik Tunku Abdul Rahman Putra, and lastly SJK (C) Shang Wu. Residents who need to take public transport can also utilise the Air Itam Rapid Penang Bus Hub at about 5 minutes walk away.
BL Avenue is a solid property to consider, with a low density of only 168 units, residents can expect a more serene environment. Those who pick well get to enjoy views of the first Penang bridge while certain units may face the Batu Gantung Cemetery or United Hokkiens Cemetery if buyers choose units with north-facing views. As with other properties located in Farlim area, there will be an issue with traffic congestion.
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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 (%) |
---|---|---|---|---|---|
BL Avenue | 2009 |
RM470,000
-
RM525,000
RM 427 psf - RM 477 psf |
RM1,200 - RM1,200 | NIL | 2.56 % |
Quattro Zen | 2015 |
RM950,000
-
RM1,000,000
RM 330 psf - RM 374 psf |
NIL | NIL | NIL |
Shineville Park | 2014 |
RM480,000
-
RM1,300,000
RM 217 psf - RM 823 psf |
RM750 - RM750 | NIL | 1.65 % |
98 Greenlane | 2014 |
RM1,248,000
-
RM2,200,000
RM 333 psf - RM 594 psf |
RM2,000 - RM2,000 | NIL | 1.39 % |
All Seasons Park | June 2013 |
RM428,000
-
RM1,250,000
RM 429 psf - RM 934 psf |
RM1,000 - RM1,000 | NIL | 2.79 % |
Melody Homes | Dec 2012 |
RM289,000
-
RM430,000
RM 412 psf - RM 614 psf |
RM850 - RM850 | NIL | 3.59 % |
Boulevard Condominium | 2011 |
RM480,000
-
RM730,000
RM 512 psf - RM 715 psf |
RM1,200 - RM1,200 | NIL | 3.07 % |
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 563 psf | RM 244,500 psf | - |
1,000 - 1,500 SQ. FT | RM 524 psf | - | RM 515 psf |
1,500 - 2,500 SQ. FT | RM 340 psf | RM 600,000 psf | - |
2,500 - 4,000 SQ. FT | - | RM 986,667 psf | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 51,999 |
Loan Amount ( 90 %) | RM 467,999 |
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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