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Teluk Kumbar Heights is a residential development area located in Teluk Kumbar, Penang. Built on freehold land, the development consists of double-storey terrace link houses, condominiums and shop lots.
Great facilities are available nearby Teluk Kumbar Heights, such as an assortment of restaurants, various convenience stores to obtain daily necessities, a children’s playground and also a jogging track. Besides that, 24-hour security is also provided. Teluk Kumbar Heights is also located nearby to numerous educational institutions such as Sungai Ara Primary School, Chong Cheng Primary School, Fairview International School, and Seri Relau National School just to name a few.
Families have the option to enjoy the facilities of the Bukit Jambul Country Club and the Metropolitan Public Park nearby, as well as shopping at Queensbay Mall, D’Piazza Mall, and Sunshine Square. Teluk Kumbar Heights is well accessible via roads and major highways such as Tun Dr. Lim Chong Eu Highway, Peel Highway, Jalan Teluk Kumbar, Jalan Bayan Lepas and Jalan Sultan Azlan Shah. Neighbouring areas are easily reachable as public transportations like bus and taxi’s are aplenty, creating good accessibility for residents.
The area of Teluk Kumbar Heights has been booming since the opening of the Second Penang Bridge which connects the southern part of the island to the mainland. Besides being nestled within other renowned high-rise and landed properties, another great plus point for Teluk Kumbar Heights is the location it is at, having the Penang International Airport close at hand.
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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 (%) |
---|---|---|---|---|---|
Teluk Kumbar Heights | Mar 2016 |
RM599,000
-
RM1,500,000
RM 350 psf - RM 750 psf |
RM1,200 - RM1,200 | NIL | 1.37 % |
Platinum III | Mar 2016 |
RM490,000
-
RM670,000
RM 371 psf - RM 503 psf |
RM1,000 - RM1,000 | NIL | 2.48 % |
D'Zone Condominium | June 2015 |
RM560,000
-
RM660,000
RM 373 psf - RM 440 psf |
RM1,150 - RM1,150 | NIL | 1.96 % |
Setia Sky Cubes | 2015 | NIL | NIL | NIL | NIL |
Pavilion Resort | 2014 |
RM374,000
-
RM920,000
RM 199 psf - RM 525 psf |
RM1,300 - RM1,300 | NIL | 2.92 % |
Saujana Heights | 1998 |
RM170,000
-
RM280,000
RM 309 psf - RM 400 psf |
From RM700 | NIL | NIL |
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 | - | - | - |
Note:
Down Payment (10%) | RM 40,688 |
Loan Amount ( 90 %) | RM 366,196 |
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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