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Desa Pelangi is an old condominium on the island of Penang in the city of Georgetown. It is a centrally located place within easy travel distance of the city and its many tourist attractions. Desa Pelangi is popular with visitors to Penang for its affordable daily rates. Although the exterior of the building is well maintained, some of the individual units themselves are not well kept and has gotten many complaints from visitors for its lack of cleanliness.
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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 Pelangi | 1992 |
RM1,310,000
-
RM1,310,000
RM 1,190 psf - RM 1,190 psf |
RM1,700 - RM2,700 | NIL | 1.82 % |
Mansion One | 2015 |
RM600,000
-
RM1,300,000
RM 604 psf - RM 1,385 psf |
RM1,500 - RM1,500 | NIL | 3.65 % |
Scott Residence | 2015 |
RM1,450,000
-
RM2,850,000
RM 692 psf - RM 1,400 psf |
RM2,000 - RM2,000 | NIL | 1.59 % |
The Manor | Dec 2013 | From RM5,050,000 | RM6,000 - RM6,000 | NIL | NIL |
Residence 21 | 2012 |
RM2,950,000
-
RM3,350,000
RM 536 psf - RM 558 psf |
RM7,500 - RM7,500 | NIL | 2.64 % |
Birch The Regency | 2009 |
RM445,000
-
RM750,000
RM 468 psf - RM 736 psf |
RM1,400 - RM1,400 | NIL | 4.04 % |
Birch The Plaza | 2008 |
RM445,000
-
RM1,600,000
RM 468 psf - RM 900 psf |
RM1,400 - RM1,400 | NIL | 2.93 % |
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 689 psf | - | - |
1,000 - 1,500 SQ. FT | - | - | - |
1,500 - 2,500 SQ. FT | RM 825 psf | RM 2,000,000 psf | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | RM 6,150,000 psf |
Note:
Down Payment (10%) | RM 74,500 |
Loan Amount ( 90 %) | RM 670,500 |
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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