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Halaman Areka is an apartment residence located in Sungai Nibong, Penang. There are 7 blocks of residences, each only 4 storeys in height, housing a total of 112 units. Though completed some time back in 1998, the residence is rather well-kept.
The leasehold units at Halaman Areka range between the sizes of 840 sf to 1,142 sf. Units are sold on the market at prices beginning from RM410,000 while rental is approximately RM1,000 per month.
Facilities provided at the mid-range Halaman Areka residence comprises only of parking lots and a children’s playground. The walk-up apartment also does not provide elevator services. On a better note, 24-hour security is however provided.
Amenities within the vicinities of Halaman Areka include several eateries and convenience stores, though others such as banks and supermarkets will require a short drive to the Krystal Point commercial hub nearby. There are also other commercial hubs in the vicinities of Queensbay Mall, just about 5 minutes’ drive from the property.
Accessibility wise, Halaman Areka is located just off Jalan Sultan Azlan Shah, which connects to Bayan Lepas down south and other towns like Gelugor and eventually, Georgetown up north of the island. The first Penang bridge is also under 10 minutes’ drive from the property.
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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 (%) |
---|---|---|---|---|---|
Halaman Areka | 1998 |
RM430,000
-
RM500,000
RM 383 psf - RM 469 psf |
From RM1,000 | NIL | NIL |
1-Sky | 2013 |
RM520,000
-
RM999,000
RM 364 psf - RM 605 psf |
RM1,600 - RM1,600 | NIL | 3.4 % |
The CEO | 2012 |
RM280,000
-
RM500,000
RM 608 psf - RM 926 psf |
RM1,550 - RM1,550 | NIL | 4.77 % |
1-World | 2012 |
RM468,000
-
RM660,000
RM 361 psf - RM 460 psf |
RM1,450 - RM1,450 | NIL | 3.67 % |
Ixora Heights | 2010 |
RM468,000
-
RM575,000
RM 482 psf - RM 616 psf |
RM1,000 - RM1,000 | NIL | 2.76 % |
Asia Hills | 2010 |
RM2,390,000
-
RM2,500,000
RM 612 psf - RM 756 psf |
RM5,500 - RM5,500 | NIL | 2.45 % |
Krystal Garden | 2010 | RM950,000 - RM1,250,000 | RM2,000 - RM4,000 | NIL | 3.27 % |
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 790 psf |
500 - 1,000 SQ. FT | - | - | RM 867 psf |
1,000 - 1,500 SQ. FT | - | RM 186,584 psf | RM 822 psf |
1,500 - 2,500 SQ. FT | - | RM 409,000 psf | RM 449 psf |
2,500 - 4,000 SQ. FT | - | RM 1,875,000 psf | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 41,000 |
Loan Amount ( 90 %) | RM 369,000 |
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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