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Marina Tower is a beautiful beach fronting condominium in Tanjung Bungah of Penang, which is also known as Ratu Mutiara. These coveted and low density homes are made even more desirable for being backed by mountains, where residents enjoy a serene environment surrounded by lush greenery. It is however located much on the outskirts of town, hence those working in the city of Georgetown will find that they have to travel a rather long distance to work.
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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 (%) |
---|---|---|---|---|---|
Marina Tower | 1998 |
RM275,000
-
RM900,000
RM 363 psf - RM 621 psf |
RM1,200 - RM1,200 | NIL | 6.91 % |
Shamrock Beach | 2012 |
RM1,850,000
-
RM1,850,000
RM 472 psf - RM 472 psf |
RM9,000 - RM12,000 | NIL | 6.81 % |
Harmony Residence | Dec 2011 |
RM3,200,000
-
RM3,600,000
RM 636 psf - RM 720 psf |
RM8,999 - RM8,999 | NIL | 2.73 % |
Surin | 2011 |
RM688,000
-
RM950,000
RM 493 psf - RM 657 psf |
RM1,600 - RM1,600 | NIL | 2.52 % |
Beverly Hills | 2011 |
RM1,150,000
-
RM5,300,000
RM 383 psf - RM 852 psf |
RM3,000 - RM3,000 | NIL | 2.42 % |
Infinity | Mar 2010 |
RM2,300,000
-
RM6,500,000
RM 611 psf - RM 756 psf |
RM6,800 - RM6,800 | NIL | 1.86 % |
The Waterfront | Mar 2010 |
RM980,000
-
RM1,750,000
RM 472 psf - RM 866 psf |
RM2,200 - RM2,200 | NIL | 1.96 % |
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 402 psf | - | - |
1,000 - 1,500 SQ. FT | RM 461 psf | - | - |
1,500 - 2,500 SQ. FT | RM 399 psf | RM 680,000 psf | - |
2,500 - 4,000 SQ. FT | RM 599 psf | RM 1,100,000 psf | - |
4,000 SQ. FT and above | RM 783 psf | RM 600,000 psf | - |
Note:
Down Payment (10%) | RM 23,000 |
Loan Amount ( 90 %) | RM 207,000 |
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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