Hong Seng Estate

Terrace
Jalan Mount Erskine, 10470 Tanjung Tokong, Penang
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Hong Seng Estate in Tanjung Tokong, Penang, is a neighbourhood of single-storey terrace homes huddled close together along winding lanes on a hilly terrain. The neighbourhood emerged as there was a need to accommodate those working in the area, providing affordable homes catering to lower incomes.

Terrace homes within Hong Seng Estate are on average, 800 sf in built-up area with 2 bedrooms and 2 bathrooms. Given the scarce land allocated to building each unit, the porch of the homes are only large enough to park 1 car.

Hong Seng Estate, despite its location within a hilly terrain, enjoys convenience of access to amenities nearby. These include, schools such as the Penang Chinese Girls High School and SMK Tanjung Bungah, petrol stations, and the Penang Adventist Hospital. The Fettes Park market is also nearby for grocery shopping needs while larger shopping complexes such as Gurney Plaza and Gurney Paragon are about a 15 minutes’ drive away.

To get to Hong Seng Estate, there is only 1 road that leads into the neighbourhood from Jalan Mount Erskine. Hence, Jalan Mount Erskine is the main road that connects Hong Seng Estate to other parts of Penang. Other roads around the area include Jalan Burma, Jalan Kelawai, and Jalan Bagan Jermal.

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Security
Yes
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants
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Built Up
From 800 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
NIL
Total Storey
1
Total Units
NIL
Parking
Min. 1

Nearby Amenities

(CLICK THE MAP BELOW TO USE MAP & NEARBY AMENITIES)

CLICK THE MAP BELOW TO USE MAP & NEARBY AMENITIES

Did you know?

Check out the value of surrounding upcoming properties to make the best buying decision.

Property Name Year of Completion Launch Price Ad Selling Price
Hong Seng Estate 0 NIL NIL
City Residence 2017 From RM 345,000 RM 900,000 - RM 1,870,000
RM 776 psf - RM 1,343 psf
The Landmark 2017 RM 1,677,500 - RM 3,132,800 RM 990,000 - RM 3,880,000
RM 1,239 psf - RM 1,291 psf
City Mall 2017 From RM 2,625,000 NIL
Mont Residence 2018 From RM 980,000 RM 740,000 - RM 1,050,000
RM 603 psf - RM 828 psf
TRI Pinnacle 2018 RM 72,500 - RM 299,000 RM 420,000 - RM 580,000
RM 525 psf - RM 725 psf
6 For Sale in City Residence 8 For Rent in City Residence 2 For Sale in The Landmark 3 For Rent in The Landmark 8 For Sale in Mont Residence 12 For Rent in Mont Residence 3 For Sale in TRI Pinnacle 8 For Rent in TRI Pinnacle

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 (%)
Hong Seng Estate 0 NIL NIL NIL NIL
The Latitude May 2015 RM 780,000 - RM 2,100,000
RM 520 psf - RM 1,400 psf
RM 1,800 - RM 1,800 NIL 4.65 %
Taman Bukit Erskine 2014 RM 265,000 - RM 285,000
RM 392 psf - RM 438 psf
RM 650 - RM 650 NIL 3.6 %
One One Eight 2012 RM 530,000 - RM 530,000
RM 757 psf - RM 757 psf
RM 2,800 - RM 2,800 NIL 6.34 %
The Peak Residences 2011 RM 530,000 - RM 7,200,000
RM 395 psf - RM 5,500 psf
RM 1,300 - RM 1,300 NIL 0.54 %
Alila Horizon Apr 2008 RM 604,000 - RM 2,300,000
RM 409 psf - RM 766 psf
RM 2,200 - RM 2,200 NIL 3.02 %
Taman Evergreen 2008 RM 430,000 - RM 500,000
RM 573 psf - RM 711 psf
RM 1,400 - RM 1,400 NIL 3.41 %
15 For Sale in The Latitude 19 For Rent in The Latitude 3 For Sale in Taman Bukit Erskine 14 For Rent in Taman Bukit Erskine 2 For Sale in One One Eight 2 For Rent in One One Eight 25 For Sale in The Peak Residences 42 For Rent in The Peak Residences

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 - - -
1,000 - 1,500 SQ. FT - - -
1,500 - 2,500 SQ. FT - - -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 587 psf
Non Landed Properties
RM 707 psf
Landed Properties
RM 553 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees
  • My Affordability

    Down Payment (10%) RM 50,000
    Loan Amount ( 90 %) RM 450,000
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply now
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    N / A
    RM N / A psf (800 SQ. FT)
    Total Monthly Expenses
    RM 3,000 ±

    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.

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