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Desa Pinang 2

Lebuh Sungai Pinang 7, 10300 Jelutong, Penang
Apartment
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Details:

Developer

Developer of Desa Pinang 2, IJM Land Berhad
IJM Land Berhad
View developer's profile
Chinese ad 4621 326x150 01

Facilities

Covered parking
Playground
Community hall

Property Details

2009
(Year of Completion)
This project was completed 15 years ago
From RM42,000
From RM230,000
From RM680
RM68/month
Built Up
540 SQ. FT - 620 SQ. FT
Land Title
Residential
Tenure
Leasehold
Total Blocks
2
Total Storeys
22
Total Units
900
Parking
Min. 1

Description

Desa Pinang 2 is a high density and low-cost residential apartment situated in Jelutong, Penang. The flat was completed in 2009 and was developed by Jelutong Development, a subsidiary of the renowned IJM Land Berhad.

The residence consists of 2 buildings, which are 22 storeys and 12 storeys in height respectively. The 22-storey building has a total of 600 units with a layout of 2 bedrooms and a single bathroom. Each unit has a built-up size of 620 sf.

Meanwhile, the 12-storey building consists of 300 units with a standard layout of 3 bedrooms and 2 bathrooms. The built-up space for the units is 540 sf.

Due to its low-cost concept, Desa Pinang 2 only offers a number of facilities to its residents, mainly a covered parking lot. Besides that, other facilities include a community hall, a playground and 24-hour security.

The property is situated in a rather strategic location. Several amenities are just within a short drive from Desa Pinang 2. For grocery, residents have the choices of a Tesco hypermarket or the E-Gate commercial hub, which are only 10 minutes away. On top of that, a number of shopping spots are just a little further, such as 1st Avenue, Prangin Mall and Sunshine City.

The residence also has a couple of markets nearby such as The Pattani Road Market and Perak Road Market. Furthermore, a number of hospitals are also within close proximity, such as the Penang General Hospital, Island Hospital and Lam Wah Ee Hospital.

Desa Pinang 2 has a number of schools within its vicinity. Residents may send their children to schools like SJK(C) Moh Ghee, SK Jelutong, SJK Kheng Tan and SJK(T) Jalan Sungai.

The property is well-located. A short drive will take residents to Georgetown via the many roads and lanes nearby. The Tun Dr. Lim Chong Eu Expressway and Jalan Sultan Azlan Shah on the other hand, will take them to the other parts of the island.

Unfortunately, no public transport is available in the area. The Macallum Street Ghaut is the nearest bus stop from Desa Pinang 2.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
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Nearby Amenities:

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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 (%)
Desa Pinang 2 2009 RM250,000 - RM265,000
RM 384 psf - RM 431 psf
RM700 - RM700 NIL 3.29 %
The Maritime Feb 2014 RM560,000 - RM1,100,000
RM 666 psf - RM 1,157 psf
RM1,800 - RM1,800 NIL 4.55 %
Hexagon Tech Park 2013 From RM288,400 From RM1,540 NIL NIL
Summer Place 2011 RM615,000 - RM1,150,000
RM 607 psf - RM 838 psf
RM650 - RM650 NIL 2.48 %
Birch The Regency 2009 RM445,000 - RM750,000
RM 468 psf - RM 736 psf
RM1,400 - RM1,400 NIL 4.04 %
Sri Saujana Apartment 2009 RM110,000 - RM260,000
RM 169 psf - RM 417 psf
RM800 - RM800 NIL 7.14 %
The Spring Oct 2008 RM500,000 - RM810,000
RM 533 psf - RM 783 psf
RM1,100 - RM1,100 NIL 2.87 %

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 494 psf
500 - 1,000 SQ. FT RM 537 psf - RM 645 psf
1,000 - 1,500 SQ. FT RM 618 psf - -
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 419 psf
Non Landed Properties
RM 714 psf
Landed Properties
RM 335 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 4,200
Loan Amount ( 90 %) RM 37,800
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
RM 68 ±
RM 68.0 psf (540 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.

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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