The Oasis at Gelugor, Penang is condominium residence made up of 3 residential blocks each towering at 38 storeys tall. There are 536 units within the residence, completed in 2012.
Condominium units at The Oasis are sized between 1,041 sf to 1,183 sf with 5 different layouts to choose from. All units have 3 bedrooms and 2 bathrooms but vary in built-up space. The homes were launched at prices ranging between RM240,000 to RM290,000. Units at The Oasis have so far appreciated in value, with subsale prices beginning at RM390,000. Rental is also on the higher end at about RM1,100 per month.
Facilities at The Oasis are aplenty, with its 44-metre designer pool being the highlight of the property. Apart from that, there is also a children’s pool, jacuzzis, a gymnasium overlooking the pool, squash courts, a sky lounge and a sun deck. Not to mention, 24-hour security and a multi-level car park are also provided.
Amenities are also within easy reach of The Oasis, with numerous commercial hubs housing eateries, convenience stores, pharmacies, clinics, and more in the area. The Batu Lanchang market and food court as well as a Tesco hypermarket are also just a short drive away. Schools such as SK Bukit Gelugor, SMK Hamid Khan, SMK Datuk Haji Mohamed Nor Ahmad, and SMK Chung Hwa Confucian are within close range of the property. The Lam Wah Ee Hospital is the nearest hospital, situated along Jalan Masjid.
Accessibility to and from The Oasis is highly convenient, with its location just of Jalan Sultan Azlan Shah. Georgetown is about a 15-minute drive away while other towns such as Jelutong and Air Itam are about 10 minutes away. The first Penang bridge is also mere minutes away. Jalan Sultan Azlan Shah along with the Tun Dr. Lim Chong Eu also link to the town of Bayan Lepas about 20 minutes 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 (%) |
|---|---|---|---|---|---|
| The Oasis | 2012 |
RM480,000
-
RM730,000
RM 444 psf - RM 657 psf |
RM1,300 - RM1,300 | NIL | 3.37 % |
| Raffel Tower | Dec 2015 |
RM899,000
-
RM1,600,000
RM 561 psf - RM 1,000 psf |
RM1,500 - RM1,500 | NIL | 2.64 % |
| Vertiq | 2015 |
RM769,000
-
RM1,800,000
RM 591 psf - RM 1,013 psf |
RM1,500 - RM1,500 | NIL | 3.04 % |
| Raffel Residence 199 | 2015 |
RM1,790,000
-
RM1,950,000
RM 450 psf - RM 541 psf |
RM2,500 - RM2,500 | NIL | 2.09 % |
| UDINI Square | 2014 | NIL | RM678 - RM17,130 | NIL | NIL |
| Pearl Regency | 2013 |
RM780,000
-
RM1,300,000
RM 540 psf - RM 929 psf |
RM1,500 - RM1,500 | NIL | 2.88 % |
| Centrio Avenue | 2013 |
RM298,000
-
RM360,000
RM 427 psf - RM 529 psf |
RM700 - RM700 | NIL | 3.65 % |
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 | - | - | - |
| 1,000 - 1,500 SQ. FT | RM 535 psf | - | RM 682 psf |
| 1,500 - 2,500 SQ. FT | RM 547 psf | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | RM 2,580,000 psf | - |
Note:
| Down Payment (10%) | RM 24,000 |
| Loan Amount ( 90 %) | RM 216,000 |
| 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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