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Casabella is an apartment residence located in Pulau Tikus, Penang. The property appears to have been built sometime in the 1990s, though well-maintained, with the single-complex being just 3-storeys in height.
The units at Casabella are freehold, with expansive built-up spaces of 2,000 sf. The homes also have a standard 3-bedrooms and 2-bathrooms layout. Residents are offered the convenience of parking lots within the property’s grounds, while security is 24-hours.
Despite its age and the limited facilities, Casabella units which are for sale can be found on the market with prices beginning from a whopping RM3.7 million. This is most likely due to its size, freehold tenure, location, as well as the overall lack of land within the city. Rental is also extremely high, at monthly rates of RM3,500.
Casabella is located just off Jalan Macalister, along Solok Bell. As such, the surrounding is much more quiet and peaceful. Amenities are just a short drive from the property, including schools like SMK Westlands, St. Christopher’s International School, SMK Padang Polo, as well as commercial shop lots where hawker centres, eateries, convenience stores, clinics, and the likes are available. Island Plaza, Gurney Paragon and Gurney Plaza are also mere minutes away, whereas hospitals like Island Hospital, the Gleneagles Penang Medical Centre, and the Loh Guan Lye Specialist Centre are also conveniently within reach.
Accessibility to and from other parts of the city is also highly convenient for residents of Casabella, where Jalan Macalister can lead west to the area of Georgetown, as well as Weld Quay and the Tun D. Lim Chong Eu Expressway. Jalan Burma not too far off, also connect to Georgetown, while linking to Jalan Tanjung Tokong, Jalan Kelawai and Gurney Drive.
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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 (%) |
---|---|---|---|---|---|
Casabella | 0 |
RM1,680,000
-
RM1,680,000
RM 840 psf - RM 840 psf |
RM3,000 - RM3,000 | NIL | 2.14 % |
Y Cantonments | Mar 2017 | RM3,800,000 - RM5,504,875 | NIL | NIL | NIL |
York Residence | 2014 | RM5,400,000 - RM6,800,000 | NIL | NIL | NIL |
The Manor | Dec 2013 | From RM5,050,000 | RM6,000 - RM6,000 | NIL | NIL |
Preston Oaks | 2013 | From RM6,250,000 | NIL | NIL | NIL |
Residence 21 | 2012 |
RM2,950,000
-
RM3,350,000
RM 536 psf - RM 558 psf |
RM7,500 - RM7,500 | NIL | 2.64 % |
H Residence | 2009 |
RM1,800,000
-
RM2,800,000
RM 360 psf - RM 560 psf |
RM7,000 - RM7,000 | NIL | 3.0 % |
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 1,270 psf | - | RM 585 psf |
1,000 - 1,500 SQ. FT | RM 816 psf | - | - |
1,500 - 2,500 SQ. FT | RM 1,161 psf | RM 2,000,000 psf | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | RM 6,150,000 psf |
Note:
Down Payment (10%) | RM 370,000 |
Loan Amount ( 90 %) | RM 3,330,000 |
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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