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Taman Evergreen is a medium-low-cost freehold apartment situated in the Mount Erskine area of Tanjung Tokong, Penang. In the recent years, the hilly vicinity of the apartment is being developed with other properties, such as the high end The Peak Residences, The Latitude and Taman Bukit Erskine.
Completed at the turn of the millenium, the 14-storey Taman Evergreen offers just basic facilities for its residents, namely 24-hour security and parking lots for private vehicles, causing it to be a rather undistinguished choice amidst other surrounding properties.
The size of Taman Evergreen’s residential units are generally standard, about 800 sf, and each unit has 3 bedrooms and 2 bathrooms. Despite its lack of facilities, the apartment’s location ensures that one is never too far away from food or other urban conveniences.
A short 10 to 15 minute walk leads to commercial complexes like Precinct 10 and Prima Tanjung, where residents can find myriad cafes and restaurants. The Mount Erskine market is also less than a 10-minute walk away from Taman Evergreen. To get to further places, there are also bus stops along Jalan Tanjung Tokong, about 10 minutes away from the apartment on foot.
Recreation-wise, the hill behind the apartment has biking and hiking trails, while gyms can be found in nearby shopping malls like Gurney Plaza and Gurney Paragon. Due to Taman Evergreen’s proximity to Georgetown via Jalan Tanjung Tokong that splits into Persiaran Gurney, Jalan Kelawai and Jalan Bagan Jermal, there are also an abundance of educational and medical facilities within a reasonable driving distance from the apartment.
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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 (%) |
---|---|---|---|---|---|
Taman Evergreen | 2008 |
RM360,000
-
RM899,000
RM 514 psf - RM 600 psf |
RM950 - RM950 | NIL | 1.66 % |
The Latitude | May 2015 |
RM700,000
-
RM1,200,000
RM 465 psf - RM 750 psf |
RM1,700 - RM1,700 | NIL | 3.01 % |
Taman Bukit Erskine | 2014 |
RM215,000
-
RM310,000
RM 328 psf - RM 476 psf |
RM650 - RM650 | NIL | 3.77 % |
One One Eight | 2012 |
RM465,000
-
RM850,000
RM 731 psf - RM 958 psf |
RM1,800 - RM1,800 | NIL | 4.2 % |
Fettes Residences | June 2011 |
RM1,050,000
-
RM2,000,000
RM 433 psf - RM 1,000 psf |
RM2,500 - RM2,500 | NIL | 3.19 % |
The Brezza | 2011 |
RM600,000
-
RM1,250,000
RM 480 psf - RM 912 psf |
RM1,500 - RM1,500 | NIL | 3.08 % |
The Peak Residences | 2011 |
RM298,000
-
RM1,900,000
RM 389 psf - RM 718 psf |
RM1,200 - RM1,200 | NIL | 1.86 % |
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 645 psf |
500 - 1,000 SQ. FT | RM 649 psf | - | RM 348 psf |
1,000 - 1,500 SQ. FT | RM 504 psf | - | - |
1,500 - 2,500 SQ. FT | RM 573 psf | - | - |
2,500 - 4,000 SQ. FT | - | RM 1,600,000 psf | - |
4,000 SQ. FT and above | - | RM 1,643,333 psf | - |
Note:
Down Payment (10%) | RM 43,000 |
Loan Amount ( 90 %) | RM 387,000 |
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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