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Lavender Park

Jalan Perak, 11600 Jelutong, Penang
Apartment
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Details:

Developer

Heavenly Heritage Sdn Bhd
Chinese ad 4621 326x150 01

Facilities

Reflexology path
Barbecue pits
Table tennis room
Community hall

Property Details

2011 Jan
(Year of Completion)
This project was completed 13 years ago
From RM104,800
From RM279,999
From RM700
Built Up
From 696 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
1
Total Storeys
8
Total Units
287

Description

Lavender Park is an apartment development located in Jelutong, Penang. Completed in 2011, the residence is considerably high-density, with 287 units in just 8 storeys.

The freehold homes of Lavender Park come in standard layouts of 3 bedrooms and 1 bathroom, with built-up sizes of 696 sf. Facilities at the residence include a table tennis room, barbecue pits, reflexology path, and community hall. On top of that, 24-hour security is also provided.

Like most other developments in the heart of Jelutong, Lavender Park is within convenient reach of amenities. Just down Lorong Perak nearby are commercial shop lots housing amenities such as eateries, hawker centres, and mini markets. SRJK (C) Sum Sum is also a walkable distance from the property. More amenities like banks, clinics and more schools like SJK (C) Heng Ee, and SMK Heng Ee on the other hand, will require a short drive.

In terms of accessibility, Lavender Park is within close proximity to a number of roads,such as Lorong Perak and Jalan Perak, which links to Jalan Sultan Azlan Shah. The town of Bayan Lepas south of Jelutong and Georgetown north of it are both accessible via Jalan Sultan Azlan Shah, while the Tun Dr. Lim Chong Eu is an alternate route to these key locations.

The units at Lavender Park were launched at prices beginning from RM104,800, with units for sale on the market starting from RM279,999. Rental is relatively low compared to most other high-rises in Jelutong, at RM700 per month.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
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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 (%)
Lavender Park Jan 2011 RM280,000 - RM380,000
RM 400 psf - RM 503 psf
RM700 - RM700 NIL 3.18 %
Setia Sky Ville Apr 2021 RM730,000 - RM850,000
RM 686 psf - RM 733 psf
RM1,700 - RM1,700 NIL 2.96 %
Aspen Residence Mar 2016 RM680,000 - RM860,000
RM 531 psf - RM 619 psf
RM1,500 - RM1,500 NIL 2.88 %
The H2O 2016 RM735,000 - RM880,000
RM 443 psf - RM 550 psf
RM1,800 - RM1,800 NIL 2.67 %
86 Avenue Residences 2014 RM810,000 - RM810,000
RM 600 psf - RM 611 psf
RM1,350 - RM1,350 NIL 2.7 %
Harmony View 2009 RM370,000 - RM420,000
RM 506 psf - RM 600 psf
RM950 - RM950 NIL 3.01 %
Taman Kang Har Tong 2009 RM620,000 - RM620,000
RM 417 psf - RM 417 psf
RM800 - RM800 NIL 1.65 %

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 1,306 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 390 psf
Non Landed Properties
RM 528 psf
Landed Properties
RM 390 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 10,480
Loan Amount ( 90 %) RM 94,320
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 (696 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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