Midlands Condominium

Condominium
488-5 Jalan Burma, 10350 Pulau Tikus, Penang
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Facilities

Swimming pool
Wading pool
Sauna
Gymnasium
Tennis court
Squash court
Playground
Community hall
Landscaped garden

Midlands Condominium is a completed medium-cost leasehold condominium located between Jalan Burma and Persiaran Midlands in Pulau Tikus, Penang. It is ideal for those who would like to stay in a convenient proximity to their jobs or their children’s educational institutions in Georgetown. The 25-storey tower has 260 units – on average 12 standard units to a floor – with built-up areas of approximately 750 sf onwards.

There are also two penthouse units on the highest floor, with a built-up area of about 2,100 sf each. Facilities provided in the condominium include a multi-storey covered car park, a gymnasium, swimming pool, sauna, playground, tennis court, squash court, multipurpose hall and 24-hour security surveillance.

As Midlands Condominium is situated in the matured Pulau Tikus area of George Town, there is no lack of urban amenities in the vicinity like banking and finance centres, schools and medical facilities. Just next to the property is the Midlands One-Stop Centre, where many affordable retail and eating options can be found without having to brave through the traffic of George Town.

Gurney Drive is a short 10-minute drive or 15- minute walk away, where an even wider range of eateries, entertainment and shopping outlets can be found at the Gurney Paragon mixed development, Gurney Plaza and Gurney Drive Hawker Centre.

The Penang Adventist Hospital, Adventist Medical Centre and schools like SK Convent Pulau Tikus and SK St. Xavier are all less than 500m from the condominium, while the scenic, peaceful Penang Botanic Gardens and its nearby waterfall are just 3km away. The condominium is also accessible via RapidPenang buses 101, 102, 103 and 304.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants
Cleanliness
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Traffic
Quietness


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1996
(Year of Completion)
This project was completed 24 years ago
  • NIL
  • From RM 420,000
  • From RM 1,300
  • RM120/month
Built Up
750 SQ. FT - 2,100 SQ. FT
Land Title
Residential
Tenure
Leasehold
Total Blocks
1
Total Storey
25
Total Units
260
Parking
NIL

Nearby Amenities

(CLICK THE MAP BELOW TO USE MAP & NEARBY AMENITIES)

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Did you know?

Check out the value of surrounding upcoming properties to make the best buying decision.

Property Name Year of Completion Launch Price Ad Selling Price
Midlands Condominium 1996 NIL RM 430,000 - RM 570,000
RM 490 psf - RM 588 psf
Setia V Residences 2016 RM 1,906,750 - RM 8,962,800 RM 1,539,000 - RM 2,350,000
RM 1,118 psf - RM 1,536 psf
Moulmein Rise 2016 From RM 2,500,000 RM 2,700,000 - RM 3,300,000
RM 1,481 psf - RM 1,510 psf
7 For Sale in Midlands Condominium 17 For Rent in Midlands Condominium 8 For Sale in Setia V Residences 6 For Rent in Setia V Residences 1 For Sale in Moulmein Rise 4 For Rent in Moulmein Rise

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 (%)
Midlands Condominium 1996 RM 430,000 - RM 570,000
RM 490 psf - RM 588 psf
RM 1,300 - RM 1,300 NIL 3.43 %
Y Cantonments Mar 2017 RM 3,500,000 - RM 3,800,000
RM 700 psf - RM 760 psf
NIL NIL NIL
The Manor Dec 2013 From RM 5,050,000 NIL NIL NIL
Gurney Paragon Sept 2011 RM 2,750,000 - RM 3,500,000
RM 878 psf - RM 1,209 psf
RM 6,300 - RM 6,300 NIL 3.11 %
H Residence 2009 RM 2,480,000 - RM 2,800,000
RM 527 psf - RM 604 psf
RM 6,500 - RM 6,500 NIL 2.5 %
Millennium Tower 2005 RM 578,000 - RM 700,000
RM 530 psf - RM 539 psf
RM 2,500 - RM 2,500 NIL 6.67 %
Gurney Palace 2004 RM 2,700,000 - RM 3,200,000
RM 560 psf - RM 775 psf
RM 6,500 - RM 6,500 NIL 2.32 %
7 For Sale in Midlands Condominium 17 For Rent in Midlands Condominium 2 For Sale in Y Cantonments 1 For Rent in Y Cantonments 15 For Sale in Gurney Paragon 19 For Rent in Gurney Paragon 5 For Sale in H Residence 2 For Rent in H Residence

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 - - -
1,500 - 2,500 SQ. FT - - -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 672 psf
Non Landed Properties
RM 738 psf
Landed Properties
RM 546 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 42,000
    Loan Amount ( 90 %) RM 378,000
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply now
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    RM 120 ±
    RM 120.0 psf (750 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.

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