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Nadayu 290 in Bukit Gambier, Penang is set to bring the innovative concept of luxury serviced suites fused with resort-style facilities within a high-rise development, all while having the environment in mind. The up and coming Green Building Index (GBI) certified condominium residence will feature its very own private forest park as well as offer panoramic views of the Penang skyline.
Nadayu 290 will consist of 142 condominium units housed in 31 storeys while also incorporating the unique concept of seven 3-storey villa units. Units at Nadayu 290 are sized between 645 sf to 1,485 sf with prices beginning at RM650,000 to RM1,300,000. Although no specific details on the layouts, sizes and amenities of Nadayu 290 have been revealed since its launching in 2012, the freehold property is much anticipated ahead of its estimated completion in 2017 due to its convenient location and eco-sanctuary theme.
Nadayu 290 is situated in Gelugor between Georgetown and Bayan Lepas and is in close proximity to the Penang International Airport, the first Penang Bridge, the popular Queensbay Mall, educational institutions namely INTI International College (INTI), and Universiti Sains Malaysia (USM), schools such as SMK Bukit Gambir and also SMK Bukit Jambul, as well as Pantai Hospital, Lam Wah Ee Hospital and the Bukit Jambul Country Club. Tesco Penang and Tesco Extra is also just minutes away.
Given its location, Nadayu 290 is ideal for the many Penangites working in Bayan Lepas or the city centre, and even those working at Bukit Mertajam and Butterworth on the mainland who travel by the bridge to work daily. Nadayu 290 may also be suitable for investment purposes by renting out to students of INTI and USM nearby the residence.
However, one thing to note about the location of Nadayu 290 is traffic congestion on the main road of Jalan Bukit Gambir, especially during peak hours when many living in the surrounding areas travel to and from work by Jalan Bukit Gambir which enables access to the Gelugor highway.
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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 (%) |
---|---|---|---|---|---|
Nadayu 290 | 2017 | NIL | NIL | NIL | NIL |
Raffel Tower | Dec 2015 |
RM899,000
-
RM1,600,000
RM 561 psf - RM 1,000 psf |
RM1,500 - RM1,500 | NIL | 2.64 % |
Raffel Residence 199 | 2015 |
RM1,790,000
-
RM1,950,000
RM 450 psf - RM 541 psf |
RM2,500 - RM2,500 | NIL | 2.09 % |
Centrio Avenue | 2013 |
RM280,000
-
RM360,000
RM 427 psf - RM 529 psf |
RM700 - RM700 | NIL | 3.65 % |
Ideal Regency | Dec 2009 |
RM550,000
-
RM820,000
RM 387 psf - RM 608 psf |
RM1,200 - RM1,200 | NIL | 3.24 % |
Vista Gambier | 2009 |
RM598,000
-
RM750,000
RM 445 psf - RM 558 psf |
RM1,500 - RM1,500 | NIL | 2.82 % |
The Palazzia | 2009 | RM700,000 - RM900,000 | RM1,800 - RM2,600 | NIL | 3.3 % |
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 456 psf | - | RM 886 psf |
1,000 - 1,500 SQ. FT | RM 500 psf | - | - |
1,500 - 2,500 SQ. FT | RM 451 psf | - | RM 510 psf |
2,500 - 4,000 SQ. FT | - | RM 2,500,000 psf | - |
4,000 SQ. FT and above | - | - | - |
Note:
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 |
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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