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Pine Sanctuary

Off Lebuh Rambai 1, 11500 Paya Terubong, Penang
Condominium Shop Office
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Details:

Developer

Developer of Pine Sanctuary, Lone Pine Group
Lone Pine Group
View developer's profile
Chinese ad 4621 326x150 01

Facilities

Infinity swimming pool
Gymnasium
Sauna
Spa
Badminton court
Tennis court
Garden
Landscaped paths
Manicured lawn
Barbecue area
Private function facilities

Property Details

From RM300,000
Built Up
From 850 SQ. FT
Land Title
Mixed
Tenure
Freehold
Total Blocks
4
Total Storeys
47
Total Units
1869

Description

Pine Sanctuary is an upcoming mixed development consisting of condominium residences, shop lots and offices, located in Paya Terubong, Penang. There are 4 blocks planned for the development, with a whopping 1,869 units housed within. The project will be built on a strip of land in the hills of Paya Terubong.

Phase 1 of Pine Sanctuary will be made up of 464 affordable homes within a 41-storey tower, as well as 388 condominiums housed in a 47-storey complex, followed by 241 commercial units. The affordable homes are amply sized at 850 sf, with a 3-bedrooms and 2-bathrooms layout. These units begin from prices of RM300,000, though pricing may vary when the project is officially launched. Another 776 condominium homes, comprising two towers which are both 47-levels in height, is also planned for Phase 2 of this project.

Facilities at Pine Sanctuary are aplenty, though it is uncertain as to whether the facilities of the condominiums and the affordable homes will be similar. Facilities at Pine Sanctuary include an infinity swimming pool, gymnasium, sauna, spa, tennis court, badminton court, function facilities,barbecue area, manicured lawn, as well as landscaped paths. On top of that, 24-hour security is also provided. However, interested parties may only be able to see a confirmed list of facilities when the property is launched.

Upon completion, the commercial shop lots are expected to provide residents with all the amenities needed. However, existing amenities like eateries, convenience stores, clinics and a petrol station can be found in the vicinities. More amenities such as schools and markets will require a drive to the town of Air Itam not too far away.

Accessibility wise, Jalan Paya Terubong links Pine Sanctuary to Air Itam north of it, while down south is the town of Bayan Baru and eventually Bayan Lepas (a little over 25 minutes away). As such, the development is ideally for working professionals who want to live within reach of their workplace while being close to the city.

The high-density development of Pine Sanctuary has garnered mixed sentiments from the public, with some expressing delight in seeing more affordable homes, while others are concerned with the developments’ location on hilly terrain and the towering heights of the buildings. Fears of over-congestion in the area is also a common thought voiced by the public.

24-hour
Security
Yes
Pet Friendly
No
Eco Friendly (None)
Paya Terubong
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Nearby Amenities:

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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 (%)
Pine Sanctuary 0 NIL NIL NIL NIL
View Court 2013 RM538,000 - RM688,000
RM 427 psf - RM 546 psf
RM1,300 - RM1,300 NIL 2.05 %
Taman Seri Rambai 2013 RM915,259 - RM1,500,000
RM 280 psf - RM 500 psf
NIL NIL NIL
Rambai Terrace 2012 RM1,180,000 - RM1,180,000
RM 370 psf - RM 370 psf
From RM1,800 NIL NIL
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 %
Bukit Awana Condominium 1996 RM238,000 - RM303,000
RM 258 psf - RM 333 psf
RM700 - RM700 NIL 2.94 %

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 277 psf - -
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 137 psf
Non Landed Properties
RM 415 psf
Landed Properties
RM 190 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 30,000
Loan Amount ( 90 %) RM 270,000
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 (850 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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