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Vanilla Bay
Tingkat Sungai Batu 5, 11920 Teluk Kumbar, Penang
Terrace
Details:
Facilities
Children's playground
Jogging track
Property Details
From RM750,000
From RM1,000
Built Up
From 1,500 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
NIL
Total Storeys
2
Total Units
83
Parking
Min. 1
Description
Vanilla Bay is a landed development of beachside property located just a few steps away from the Malacca Straits in Teluk Kumbar, Penang. Located on freehold land, near the Second Penang Bridge and the Penang International Airport, Vanilla Bay consists of 83 double storey terrace houses.
Teluk Kumbar is located in the southern part of Penang and is a mix of quaint residential living and village life. Originally a fishing village the main town center is still littered with cultural remnants of Chinese-style rural houses. It’s conveniently located near a number of local and international primary and secondary schools such as clinics, restaurants a hypermarket and convenience stores. To access the larger shopping malls however would be a 30 minute drive from the main city of Georgetown.
Vanilla Bay consists of identical 4 bedroom and 3 bathroom layouts, measuring up to of 1,500 sf per unit, walking distance to the beach. It is a gated community with its own playground and jogging track. The units in Vanilla Bay currently fetch a subsale price that begins at RM750,000.
Rates and property value are expected to increase in this area due to the recent construction of the Second Penang Bridge. Previously the property market in this area has been very slow but after the finished construction of the bridge we’re seeing a lot of new projects being developed in this area. It is a solid investment choice for property in Penang.
Vanilla Bay is easily accessible via the Tun Dr Lim Chong Eu Highway and the Peel Highway. The property also has multiple access roads from Jalan Teluk Kumbar, Jalan Bayan Lepas and Jalan Sultan Azlan Shah. Providing the area with good accessibility.
People who choose to buy the property to live in as well would not be disappointed. Landed homes are a luxury in Penang and all property value by the beachside has risen exponentially in value. Ideal for families looking for the space and serenity of beach living Vanilla Bay is certainly an affordable place to stay.
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Nearby Amenities:
-
Nearby Properties
Nothing found within 1km
-
Public Transportation
Nothing found within 10km
-
Schools & Universities
Nothing found within 10km
-
Hospitals & Clinics
Nothing found within 10km
-
Shops / Malls
Nothing found within 10km
-
Places of Worship
Nothing found within 10km
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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 (%) |
|---|---|---|---|---|---|
| Vanilla Bay | 0 |
RM720,000
-
RM720,000
RM 360 psf - RM 360 psf |
From RM1,000 | NIL | NIL |
| 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 % |
| Cascara 88 | 2013 |
RM580,000
-
RM680,000
RM 374 psf - RM 419 psf |
From RM1,000 | NIL | NIL |
| Sunway Aspera | June 2012 |
RM710,000
-
RM850,000
RM 342 psf - RM 425 psf |
RM1,150 - RM1,150 | NIL | 1.77 % |
| 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 | - | - | - |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 164 psf
Non Landed Properties
RM 450 psf
Landed Properties
RM 105 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 75,000 |
| Loan Amount ( 90 %) | RM 675,000 |
| 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
(1,500 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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