Pinang Laguna, situated on the Penang Mainland in Seberang Jaya, is a freehold development that is known for its refreshing concept of combining a water park with a 27-storey condominium. The condominium’s structure is easily recognisable from afar, designed with a three-dimensional grid-like facade.
A total of 50,000 sf is allocated to the water park, where one can find exhilarating features like spiral water slides, a water curtain bridge, outdoor Jacuzzi and spa, integrated water playsets, a water tunnel, water sports facilities including pool volleyball and basketball, as well as an adventure river that meanders through the park – features that no doubt will appeal to children, making Pinang Laguna great as a vacation home.
For older residents, the 3-storey clubhouse Pinang Laguna also offers a gymnasium overlooking the water park, making for fun-filled spectacles while getting fit. There is also a male and female sauna, foot reflexology path and a multipurpose hall, in addition to a lap pool in the water park. The safety of the residents is assured too with 24-hour security, CCTV surveillance and card access control.
Units in the Pinang Laguna condominium range from 935 sf to 1,010 sf, and each come with 3+1 bedrooms and 2 bathrooms. One plus point of these units are their flexibility whereby the rooms can be combined to form either 3 or 2 larger rooms, allowing them to adapt to various living configurations. All the units also have balconies located just off the living areas for added sunlight and ventilation.
The condominium is positioned strategically close to the Perai industrial area. Furthermore, it is just about 5 minutes away from the Penang Bridge and the North-South Expressway, and 10 minutes from both the Auto City mall and Sunway Carnival Mall. Living amenities are within a convenient distance too, such as schools and the Seberang Jaya Hospital.
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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 (%) |
|---|---|---|---|---|---|
| Pinang Laguna | 0 |
RM268,000
-
RM490,000
RM 265 psf - RM 518 psf |
RM800 - RM800 | NIL | 3.06 % |
| Casa Perdana | July 2011 | From RM580,000 | NIL | 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 | - | - | RM 190 psf |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | RM 1,200,000 psf | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 23,888 |
| Loan Amount ( 90 %) | RM 214,999 |
| 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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