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Pearl Indah is a collection of modernly sophisticated and spacious landed homes, established in the integrated township of Pearl City, Simpang Ampat, Penang. There are 422 residences in total, built over freehold land.
There are 2 types of terrace homes within Pearl Indah, namely the Type A and Type B. Both variants are 1,600 sf in size, with 4 bedrooms and 3 bathrooms within 2 storeys of space. There are 50 units of the Type A units and 180 of the Type B homes.
The semi-detached residences of Pearl Indah are much more expansive, with 2,604 sf of built-up space. The units are also 2 storeys in height, offering a layout of 4+1 bedrooms and 3 bathrooms. Each of the home also has a porch large enough to fit 2 vehicles, while the balconies, large windows and sliding doors enable ample light and ventilation.
Launched at prices of approximately RM288,000, the Pearl Indah homes can now be found on the subsale market for beginning rates of RM405,000 since its completion in 2014. The homes have shown potential for appreciation, while rental is also promising, at rates of RM1,000 per month.
Pearl Indah is not a gated nor guarded residence, while facilities are also not provided, apart from some landscaping. However, the Pearl City township offers a range of amenities, which ensures convenience for residents of Pearl Indah. Pearl City Mall houses food and beverage outlets, retail shops, pharmacies and the likes. It is also the ideal place to raise a family, with a choice of schools like the GEMS International School Pearl City, SK Bandar Tasek Mutiara and SMK Bandar Tasek Mutiara. Along Route 1 is also amenities, like petrol stations, eateries and more.
A short distance from Pearl Indah is Route 1, where southwards is Batu Kawan, which is about 20 minutes from the development. The North-South Expressway (NSE) is also accessible via Route 1, where both routes link to Bukit Mertajam as well as Seberang Perai. The first Penang bridge is also a 30-minutes’ journey via either way.
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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 (%) |
---|---|---|---|---|---|
Pearl Indah | 2014 |
RM415,000
-
RM2,400,000
RM 29 psf - RM 348 psf |
From RM1,000 | NIL | NIL |
Pearl Residence | June 2015 |
RM420,000
-
RM780,000
RM 169 psf - RM 390 psf |
RM1,000 - RM1,000 | NIL | 2.2 % |
Pearl Villas | 2010 |
RM780,000
-
RM1,600,000
RM 361 psf - RM 463 psf |
From RM800 | NIL | NIL |
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 | - | - | - |
Note:
Down Payment (10%) | RM 28,800 |
Loan Amount ( 90 %) | RM 259,200 |
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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