GL Garden is a mid-range condominium located in Farlim, Penang with a magnificent view of nature and the city. Nearby developments in this area include Emerald Heights and View Court.
GL Garden is a freehold, 27-storey single block apartment complex that was completed in 1998 with a total of 261 units. The layout of the units is a standard 3 bedrooms and 2 bathrooms with 700 sf of built-up space.
The facilities provided at GL Garden include a swimming pool, gymnasium, children’s playground, tennis court, parking lot, garden as well as 24-hour security.
There are many restaurants, banks and supermarkets within reach of GL Garden. Local markets like the Paya Terubong Market, Farlim Market and Air Itam Market are also nearby. Schools within the area include SMK Air Itam, Chung Ling High School and SMK Georgetown.
The affordability of GL Garden is considerably due to its location, which is quite far from the city’s hotspots as well as its very basic amenities. However, this makes it a desirable place for quiet and affordable living with easy access to urban necessities. Although the property is located on the outskirts of the city centre, it is connected to other parts of Penang by the Thean Teik Highway. On the down-side, the traffic jam during peak hours around the area can make the roads very congested.
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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 (%) |
|---|---|---|---|---|---|
| GL Garden | 1998 |
RM300,000
-
RM398,000
RM 400 psf - RM 568 psf |
RM750 - RM750 | NIL | 2.25 % |
| View Court | 2013 |
RM538,000
-
RM688,000
RM 427 psf - RM 546 psf |
RM1,300 - RM1,300 | NIL | 2.05 % |
| Asia Heights | 2008 |
RM300,000
-
RM780,000
RM 357 psf - RM 574 psf |
RM750 - RM750 | NIL | 2.08 % |
| Puncak Terubong | 2008 |
RM220,000
-
RM290,000
RM 314 psf - RM 412 psf |
RM650 - RM650 | NIL | 3.28 % |
| Desa Permata | 1995 |
RM230,000
-
RM368,000
RM 328 psf - RM 525 psf |
RM550 - RM550 | NIL | 3.87 % |
| Desa Delima | 1992 |
RM210,000
-
RM260,000
RM 300 psf - RM 371 psf |
RM650 - RM650 | NIL | 2.91 % |
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 15,000 |
| Loan Amount ( 90 %) | RM 135,000 |
| 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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