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Emerald Park located in the vicinity of Teluk Kumbar, Penang is a development by a local property developer on freehold land. The upcoming low-density development offers 46 semi-detached homes, along with 24 apartment units within two blocks.
Each of the apartment unit in Emerald Park has a 1,760 sf built-up with 3 bedrooms and 2 bathrooms. While the semi-detached home within the land area of 3,100 sf has a 2,600 sf built-up with 5 bedrooms and 3 bathrooms. The subsale price starts from RM350,000 onwards.
Some of the facilities available at Emerald Park, to name a few are; a jogging track, a children’s playground, convenience shops located nearby and parking bays. The gated and guarded residence of Emerald Park features 24 hour security services for a secure and protected living environment.
Emerald Park is also surrounded by bountiful amenities, among them are various educational institutions such as; Sungai Ara Primary School, Chong Cheng Primary School, Fairview International School, Seri Relau National School and Min Sin Primary School. Also close at hand is the Bukit Jambul Country Club, Queensbay Mall, University Sains Malaysia, Giant Hypermarket Bayan Baru, D'Piazza Mall, Hospital Pantai Mutiara, Penang International Sports Arena, Metropolitan Public Park and Sunshine Square.
The residence of Emerald Park can easily and quickly be reachable via roads and highways namely the Tun Dr. Lim Chong Eu Highway, Peel Highway, Jalan Teluk Kumbar, Jalan Bayan Lepas and Jalan Sultan Azlan Shah. The Penang International Airport and the Second Penang Bridge also offers high conveniences with the value of the development increasing after the opening of the Second Penang Bridge which facilitates good accessibility for its residences.
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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 (%) |
---|---|---|---|---|---|
Emerald Park | 0 |
RM340,000
-
RM2,000,000
RM 392 psf - RM 738 psf |
RM1,500 - RM1,500 | NIL | 1.54 % |
Platinum III | Mar 2016 |
RM490,000
-
RM670,000
RM 371 psf - RM 503 psf |
RM1,000 - RM1,000 | NIL | 2.48 % |
Teluk Kumbar Heights | Mar 2016 |
RM599,000
-
RM1,500,000
RM 350 psf - RM 750 psf |
RM1,200 - RM1,200 | NIL | 1.37 % |
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 |
Mont Tierra Residences | Oct 2014 |
RM1,080,000
-
RM1,150,000
RM 366 psf - RM 383 psf |
From RM2,000 | NIL | NIL |
Pavilion Resort | 2014 |
RM374,000
-
RM920,000
RM 199 psf - RM 525 psf |
RM1,300 - RM1,300 | NIL | 2.92 % |
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 35,000 |
Loan Amount ( 90 %) | RM 315,000 |
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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