Summerton Condominium is a residential high rise located within Bayan Indah in the Queensbay Mall area. It consists of Primo Heights, Primo Summer and Primo Avenue, of which Primo Avenue is a shopping mall and is the commercial component of the development. Residents of Summerton Condominium enjoy excessive convenience in terms of connectivity to highways and amenities, with the Penang International Airport only 10 minutes away and Georgetown at approximately 20 minutes.
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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 (%) |
|---|---|---|---|---|---|
| Summerton Condominium | Apr 2014 |
RM680,000
-
RM1,900,000
RM 415 psf - RM 829 psf |
RM1,700 - RM1,700 | NIL | 2.43 % |
| Taman Pantai Indah | Dec 2016 | NIL | NIL | NIL | NIL |
| Victoria Bay | 2015 | From RM1,440,000 | NIL | NIL | NIL |
| Summerton Bayan Indah | 2014 |
RM1,200,000
-
RM1,900,000
RM 652 psf - RM 806 psf |
RM1,800 - RM1,800 | NIL | 1.89 % |
| Taman Jerejak Villa | 2011 |
RM428,000
-
RM428,000
RM 503 psf - RM 503 psf |
From RM2,500 | NIL | NIL |
| The Uban Residence | 2010 |
RM880,000
-
RM1,300,000
RM 418 psf - RM 650 psf |
RM2,200 - RM2,200 | NIL | 2.15 % |
| BayStar | 2009 |
RM1,000,000
-
RM3,000,000
RM 610 psf - RM 1,026 psf |
RM2,900 - RM2,900 | NIL | 2.76 % |
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 768 psf |
| 500 - 1,000 SQ. FT | RM 558 psf | - | RM 1,187 psf |
| 1,000 - 1,500 SQ. FT | RM 649 psf | RM 186,584 psf | - |
| 1,500 - 2,500 SQ. FT | RM 521 psf | RM 409,000 psf | RM 769 psf |
| 2,500 - 4,000 SQ. FT | RM 579 psf | RM 1,568,333 psf | - |
| 4,000 SQ. FT and above | - | - | RM 769 psf |
Note:
| Down Payment (10%) | RM 59,000 |
| Loan Amount ( 90 %) | RM 531,000 |
| 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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