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Halaman Areka

Lebuh Nipah, Mukim 13, 11900 Sungai Nibong, Penang
Apartment
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Details:

Chinese ad 4621 326x150 01

Facilities

Parking lot
Playground

Property Details

1998
(Year of Completion)
This project was completed 26 years ago
From RM410,000
From RM1,000
Built Up
840 SQ. FT - 1,142 SQ. FT
Land Title
Residential
Tenure
Leasehold
Total Blocks
7
Total Storeys
4
Total Units
112

Description

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.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
Sungai Nibong
Go To Neighbourhood
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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 (%)
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 - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 320 psf
Non Landed Properties
RM 88,507 psf
Landed Properties
RM 574 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 41,000
Loan Amount ( 90 %) RM 369,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (840 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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