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Lucky Gardens

Lebuh Nipah 1, 11900 Sungai Nibong, Penang
Apartment
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Details:

Chinese ad 4621 326x150 01

Facilities

Parking lot

Property Details

From RM380,000
From RM749
Built Up
From 700 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
1
Total Storeys
5
Total Units
NIL

Description

Lucky Gardens is a high-density apartment residence located in Sungai Nibong, Penang. The apartment is made up of a single complex with 5 floors of residences and appears rather aged that it could use a new coat of paint. However, the compounds of the apartment remain rather well-kept and clean.

The freehold homes at Lucky Gardens are sized at a minimum 700 sf with 3 bedrooms and 2 bathrooms. The medium-cost homes are priced from RM380,000 onwards on the subsale market, while rental starts at a monthly RM749. As most of the homes have been occupied, rented units commonly come with some furnishing. Facilities at Lucky Gardens is basic, with a parking compound within the perimeters of the apartment. 24-hour security is also provided to residents. To add, there is a garden space within the apartment as well.

Lucky Gardens is located just off Jalan Sultan Azlan Shah, situated close to a range of amenities in the area. Further down along Lebuh 1 where the apartment is situated, the Lip Sin Wet Market can provide basic grocery needs while there are also commercial hubs nearby where eateries, convenience stores and clinics are just a few minutes away. Queensbay Mall is also a mere 5 minutes’ drive from the property, along with the Bayan Bay commercial hub.

Schools such as SMJK Phor Tay, Shih Chung Primary (branch) School, Kwang Hwa Primary School, and SMK Sungai Nibong within the vicinities of Lucky Gardens also makes it an ideal abode for families. The Penang International Airport is also close by, about 10 minutes away.

Accessibility to and from Lucky Gardens is enabled through Jalan Sultan Azlan Shah itself, which connects the Sungai Nibong area to other towns like Bayan Baru and Bayan Lepas, about 10 minutes away. Other than that, the Tun Dr. Lim Chong Eu Expressway also provides an alternative route to other towns nearby. With that, the first Penang bridge and the towns of Gelugor and Jelutong are about 10 minutes away while Georgetown is a little over 20 minutes from the property.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
Sungai Nibong
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 (%)
Lucky Gardens 0 From RM380,000 From RM749 NIL NIL
The CEO 2012 RM280,000 - RM500,000
RM 608 psf - RM 926 psf
RM1,550 - RM1,550 NIL 4.77 %
Taman Jerejak Villa 2011 RM428,000 - RM428,000
RM 503 psf - RM 503 psf
From RM2,500 NIL NIL
Ixora Heights 2010 RM468,000 - RM575,000
RM 482 psf - RM 616 psf
RM1,000 - RM1,000 NIL 2.76 %
Asia Hills 2010 RM2,390,000 - RM2,500,000
RM 612 psf - RM 756 psf
RM5,500 - RM5,500 NIL 2.45 %
Krystal Garden 2010 RM950,000 - RM1,250,000 RM2,000 - RM4,000 NIL 3.27 %
i-Avenue 2008 RM150,000 - RM558,000 RM900 - RM4,200 NIL 8.64 %

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 790 psf
500 - 1,000 SQ. FT - - RM 867 psf
1,000 - 1,500 SQ. FT - RM 186,584 psf RM 822 psf
1,500 - 2,500 SQ. FT - RM 409,000 psf RM 449 psf
2,500 - 4,000 SQ. FT - RM 1,691,000 psf -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 327 psf
Non Landed Properties
RM 143,785 psf
Landed Properties
RM 582 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 38,000
Loan Amount ( 90 %) RM 342,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (700 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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