Pesara Nipah is an apartment residence located in Sungai Nibong, Penang. The single-block complex holds 75 medium-cost homes, and appears to have been around for quite a number of years.
The freehold homes at Pesara Nipah are sized at 700 sf, with 3 bedrooms and 2 bathrooms, a rather comfortable size for a small family. Units available on the subsale market begin from RM365,000.
Pesara Nipah though not luxurious, offers ample facilities within its compound for convenience of daily living. Among those facilities available at the residence include a parking lot, convenience stores, eateries as well as a jogging track and children’s playground. To add, the property is also guarded by 24-hour security.
Pesara Nipah is within a kilometre radius of several commercial hubs nearby. Along Jalan Nipah as well as Jalan Sultan Azlan Shah are rows of shop lots where there are eateries, convenience stores, clinics, pharmacies, bakeries and more. Queensbay Mall is also just a short 5-minute drive from the property. Other than that, SMJK Phor Tay is also within the vicinities of the property. Other schools in Sungai Nibong include SMK Sungai Nibong, Shih Chung Primary (branch) School and Kwang Hwa Primary School among others.
In terms of accessibility, Pesara Nipah is located just off Jalan Sultan Azlan Shah, which connects to Bayan Lepas about 10 minutes away. Access to the second Penang bridge is also about the same distance away. Heading up north along Jalan Sultan Azlan Shah will lead to the first Penang bridge just over 5 minutes away, while Georgetown is also further up, approximately 20 minutes in distance.
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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 (%) |
|---|---|---|---|---|---|
| Pesara Nipah | 0 |
RM296,000
-
RM340,000
RM 389 psf - RM 485 psf |
NIL | NIL | NIL |
| The CEO | 2012 |
RM280,000
-
RM500,000
RM 608 psf - RM 926 psf |
RM1,550 - RM1,550 | NIL | 4.77 % |
| Taman Jerejak Villa | 2011 |
RM428,000
-
RM428,000
RM 503 psf - RM 503 psf |
From RM2,500 | NIL | NIL |
| Ixora Heights | 2010 |
RM468,000
-
RM575,000
RM 482 psf - RM 616 psf |
RM1,000 - RM1,000 | NIL | 2.76 % |
| Asia Hills | 2010 |
RM2,390,000
-
RM2,500,000
RM 612 psf - RM 756 psf |
RM5,500 - RM5,500 | NIL | 2.45 % |
| Krystal Garden | 2010 | RM950,000 - RM1,250,000 | RM2,000 - RM4,000 | NIL | 3.27 % |
| i-Avenue | 2008 | RM150,000 - RM558,000 | RM900 - RM4,200 | NIL | 8.64 % |
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 | - | - | RM 786 psf |
| 500 - 1,000 SQ. FT | - | - | RM 984 psf |
| 1,000 - 1,500 SQ. FT | - | RM 186,584 psf | RM 822 psf |
| 1,500 - 2,500 SQ. FT | - | RM 409,000 psf | RM 662 psf |
| 2,500 - 4,000 SQ. FT | - | RM 1,691,000 psf | - |
| 4,000 SQ. FT and above | - | - | RM 769 psf |
Note:
| Down Payment (10%) | RM 36,500 |
| Loan Amount ( 90 %) | RM 328,500 |
| 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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