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CostaVilla

8, Jalan Gajah, 11200 Tanjung Tokong, Penang
Condominium
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Details:

Chinese ad 4621 326x150 01

Facilities

Covered car park
Landscape garden
Swimming pool
Gymnasium
Squash
Games room
Table tennis room
Children's playground
Barbecue area
Lounge

Property Details

1993
(Year of Completion)
This project was completed 31 years ago
From RM650,000
From RM1,400
RM160/month
Built Up
820 SQ. FT - 940 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
1
Total Storeys
10
Total Units
52

Description

CostaVilla, situated along Jalan Gajah in Tanjung Tokong, Penang, is a freehold condominium completed in 1993. Despite being built more than 20 years ago, the property and its amenities like the swimming pool, playground, garden, gym and squash court are kept in a good condition. There are just 52 residential units in the entire 10-storey tower, making it a comparatively low density property. The units range from about 820 sf to 940 sf, with 3 bedrooms and 2 bathrooms each.

The layout of CostaVilla’s units might be pretty standard, but where the development truly shines is its location. Due to its proximity to the coastline of Tanjung Tokong, many of the units offer a view of the sea. Also, the condominium is within walking distance to a large number of commercial complexes — Vantage, Precinct 10 and Island Plaza, just to name a few.

Seri Tanjung Pinang is also practically across the road from CostaVilla, giving it access to supermarkets like Tesco and Sam’s Groceria, as well as upscale cafes, restaurants, shops, beauty parlours and the Penang Performing Arts Centre. Travelling along the main road of Jalan Tanjung Tokong in the direction of Georgetown leads to neighbouring areas like Gurney Drive and Pulau Tikus, while travelling in the opposite direction will lead to Tanjung Bungah and the popular tourist hotspot of Batu Feringghi.

Tertiary education institutions like the Wawasan Open University, KDU Penang University College, Penang Medical College, College General and the Tunku Abdul Rahman University College Penang Campus are all within a 5km radius of CostaVilla, adding to the appeal of the condominium.

In short, the prime location of CostaVilla makes it a suitable property for those working in the northern part of Penang, especially for those who work or study in Georgetown but wish to avoid living in the busy city centre.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
Tanjung Tokong
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 (%)
CostaVilla 1993 RM600,000 - RM650,000
RM 571 psf - RM 738 psf
RM1,600 - RM1,600 NIL 2.76 %
Quayside Apr 2017 RM980,000 - RM26,000,000
RM 666 psf - RM 8,392 psf
RM2,000 - RM2,000 NIL 0.8 %
The Latitude May 2015 RM700,000 - RM1,200,000
RM 465 psf - RM 750 psf
RM1,700 - RM1,700 NIL 3.01 %
One One Eight 2012 RM465,000 - RM850,000
RM 731 psf - RM 958 psf
RM1,800 - RM1,800 NIL 4.2 %
Fettes Residences June 2011 RM1,050,000 - RM2,000,000
RM 433 psf - RM 1,000 psf
RM2,500 - RM2,500 NIL 3.19 %
The Brezza 2011 RM600,000 - RM1,250,000
RM 480 psf - RM 912 psf
RM1,500 - RM1,500 NIL 3.08 %
The Peak Residences 2011 RM298,000 - RM1,900,000
RM 389 psf - RM 718 psf
RM1,200 - RM1,200 NIL 1.86 %

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 645 psf
500 - 1,000 SQ. FT RM 649 psf - RM 348 psf
1,000 - 1,500 SQ. FT RM 734 psf - -
1,500 - 2,500 SQ. FT RM 645 psf - -
2,500 - 4,000 SQ. FT RM 655 psf RM 2,566,667 psf -
4,000 SQ. FT and above RM 850 psf RM 4,445,455 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 580 psf
Non Landed Properties
RM 913,512 psf
Landed Properties
RM 508 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 65,000
Loan Amount ( 90 %) RM 585,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
RM 160 ±
RM 160.0 psf (820 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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