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TK Residence

Jalan Kampung Masjid, Teluk Kumbar, 11920 Bayan Lepas, Penang
Terrace
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Details:

Developer

Developer of TK Residence, VST Group of Companies
VST Group of Companies
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Chinese ad 4621 326x150 01

Property Details

2012 June
(Year of Completion)
This project was completed 12 years ago
From RM630,000
From RM900
Built Up
1,780 SQ. FT - 1,953 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
NIL
Total Storeys
2
Total Units
30
Parking
Min. 2

Description

TK Residence is a development of landed properties in the southern seaside town of Teluk Kumbar, Penang. 30 units of double-storey terrace homes within the neighbourhood were completed in mid of 2012 on freehold land surrounded by lush green hills.

TK Residence homes are available in spacious sizes of between 1,780 sf to 1,953 sf with 1 layout choice of 4 bedrooms and 3 bathrooms. Each unit also comes with a large balcony, and wide sliding doors to enable better air ventilation. The area should be quite breezy given the surrounding greenery and lack of high rise buildings around the vicinity of the property. The units also feature practical, broad opening gates so that 2 cars may be parked in the porch.

Terrace units at TK Residence are not designed to be extremely luxurious as they offer satisfyingly large landed properties at prices which are still affordable to those within the middle-range income group. However, amenities and facilities within the neighbourhood lack even the common children’s playground. To add, the area is also not gated and guarded. Despite so, its affordability and location as well as access to amenities outside of the neighbourhood may make up for these weaknesses.

Just down the street of TK Residences are conveniences such as eateries and sundry shops while retail outlets like D’Piazza, Sunshine Square, and the Giant Hypermarket Bayan Baru are just a short distance away. Residents can also head over to Queensbay Mall on the weekends, which is only a quick 20 minutes’ drive away. As for educational institutions, TK Residence is nearby to schools such as the Sungai Ara Primary School, Chong Cheng Primary School, Seri Relau National School, Min Sin Primary School, and Fairview International School.

The region of Teluk Kumbar in which TK Residence sits is also highly accessible to and from the Penang International Airport, the industrial areas of Bayan Lepas and the second Penang bridge. The main road which connects TK Residence to other towns within its proximity is Jalan Teluk Kumbar, which can also lead to Jalan Sultan Azlan Shah and the Tun Dr. Lim Chong Eu Expressway.

NIL
Security
Yes
Pet Friendly
No
Eco Friendly (None)
Teluk Kumbar
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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 (%)
TK Residence June 2012 RM800,000 - RM918,000
RM 421 psf - RM 510 psf
From RM900 NIL NIL
Cascara 88 2013 RM580,000 - RM680,000
RM 374 psf - RM 419 psf
From RM1,000 NIL NIL
Verona Thirty-Two 2012 RM800,000 - RM1,050,000
RM 307 psf - RM 525 psf
NIL NIL NIL
Taman Kumbar Permai 2001 RM299,000 - RM350,000
RM 276 psf - RM 324 psf
RM1,000 - RM1,000 NIL 3.38 %

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 141 psf
Non Landed Properties
RM 491 psf
Landed Properties
RM 198 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 63,000
Loan Amount ( 90 %) RM 567,000
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 (1,780 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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