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Desa Gemilang is one of the newer apartments to be built in Air Itam of Penang, as compared to the many older apartments in the area. It neighbours the Indah Kota apartment, with the main city of Georgetown being located approximately 15 minutes away. Desa Gemilang comes with a rather low density of resident population, with amenities located a mere short drive away. The problems however lie with peak hour traffic congestions just outside the apartment, due to its rather central location.
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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 Gemilang | 2006 |
RM628,000
-
RM628,000
RM 570 psf - RM 570 psf |
NIL | NIL | NIL |
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 % |
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 % |
BL Garden | 2009 |
RM325,000
-
RM450,000
RM 437 psf - RM 642 psf |
RM800 - RM800 | NIL | 2.84 % |
BL Avenue | 2009 |
RM470,000
-
RM525,000
RM 427 psf - RM 477 psf |
RM1,200 - RM1,200 | NIL | 2.56 % |
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 940,000 psf | - |
1,000 - 1,500 SQ. FT | - | RM 959,000 psf | - |
1,500 - 2,500 SQ. FT | RM 340 psf | RM 1,268,000 psf | - |
2,500 - 4,000 SQ. FT | - | - | RM 3,150,000 psf |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 63,000 |
Loan Amount ( 90 %) | RM 567,000 |
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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