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Shineville Park at Farlim, Penang is a towering 40-storey condominium complex which houses a respectable sum of 299 units. Completed in 2014, this single-tower property is freehold and developed by OHM Group.
Units come in six layouts with 4 variants of condominiums, which are Type A, Type A1, Type A2 and Type A3, and 2 different layouts of penthouse units, Type B and Type C. Type A is sized at 1,650 sf with 4+1 bedrooms and 2 bathrooms. Type A1 also has a 4+1 bedrooms and 2 bathrooms layout but is slightly smaller at 1,600 sf. Type A2 is 1,650 sf in built-up area with 4 bedrooms and 2 bathrooms while Type A3 is the smallest at 1,300 sf and a 3+1 bedrooms and 2 bathrooms layout. Type B penthouse units are expansive with 3,350 sf while Type C is a little more snug at 3,110 sf. Both penthouse types have 5+2 bedrooms and 5+1 bathrooms. All units, regardless of type, is allocated with 1 parking bay.
Shineville Park is packed with a generous amount of facilities such as a lounge, jacuzzi, viewing deck, lap pool, wading pool, recreational paths, gym, sauna, landscaped garden, playground, BBQ area, indoor badminton court, squash table, table tennis, tennis court and most importantly, 24-hour security.
Amenities are also aplenty nearby Shineville Park, namely the Penang Free School, Penang Turf Club, Penang Hill, State Mosque, SMK Georgetown, SK Convent Green Lane, Penang Botanical Garden, Chung Ling High School, Sin Kang Chinese Primary School, Air Itam Secondary School, Batu Lancang Teknik Secondary School, Sri Aman National School, Georgetown Secondary School, Batu Lanchang National School, Prangin Mall, 1st Avenue Mall, Lam Wah Ee Hospital, and many more.
Location wise, the accessibility to and from Shineville Park is decent as it is located nearby to popular tourist destinations like the Penang Hill. Connecting roads to the property would be the Thean Teik Highway and Jalan Air Itam. Due to the location, traffic congestions are quite the norm and residents need to take heed. Residents who wish to use public transportation would be out of luck as there is no public transportation that is available within a walkable distance from the property.
Overall, Shineville Parks’ main advantage is its modern design and plentiful facilities. However, it is quite a distance away from the city center and the first Penang bridge. Hence, the property may largely appeal to prospective buyers who prefer living in a more suburban area. But as always, be sure to take a look at this property personally and evaluate before making a decision.
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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 (%) |
---|---|---|---|---|---|
Shineville Park | 2014 |
RM480,000
-
RM1,300,000
RM 217 psf - RM 823 psf |
RM750 - RM750 | NIL | 1.65 % |
Quattro Zen | 2015 |
RM950,000
-
RM1,000,000
RM 330 psf - RM 374 psf |
NIL | NIL | NIL |
98 Greenlane | 2014 |
RM1,248,000
-
RM2,200,000
RM 333 psf - RM 594 psf |
RM2,000 - RM2,000 | NIL | 1.39 % |
All Seasons Park | June 2013 |
RM428,000
-
RM1,250,000
RM 429 psf - RM 934 psf |
RM1,000 - RM1,000 | NIL | 2.79 % |
Melody Homes | Dec 2012 |
RM289,000
-
RM430,000
RM 412 psf - RM 614 psf |
RM850 - RM850 | NIL | 3.59 % |
Boulevard Condominium | 2011 |
RM480,000
-
RM730,000
RM 512 psf - RM 715 psf |
RM1,200 - RM1,200 | NIL | 3.07 % |
BL Garden | 2009 |
RM325,000
-
RM450,000
RM 437 psf - RM 642 psf |
RM800 - RM800 | NIL | 2.84 % |
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 | RM 563 psf | RM 244,500 psf | - |
1,000 - 1,500 SQ. FT | RM 524 psf | - | RM 515 psf |
1,500 - 2,500 SQ. FT | RM 340 psf | RM 600,000 psf | - |
2,500 - 4,000 SQ. FT | - | RM 986,667 psf | RM 3,150,000 psf |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 36,600 |
Loan Amount ( 90 %) | RM 329,400 |
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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