Orchard Ville is a soaring exclusive residential development in Penang, rising 37 storeys above the matured neighbourhood of Sungai Ara, about 20 minutes away from the Second Penang Bridge and 6 minutes from the Penang International Airport.
Targeted for completion at the end of 2016, the 12-acre Orchard Ville offers two types of regular 3-bedroom and 2-bathroom residential units as well as dual-key units combining a 3-bedroom and 2-bathroom main unit with a studio unit.
The latter is ideal for families who would like to maintain some privacy while staying together, or those who would like to buy the units both for staying in and rental. Build-up sizes of the condominium units vary from 1,080 sf to 1,623 sf.
In line with the luxurious nature of Orchard Ville, the condominium comes with an extensive assortment of recreational facilities, ranging from fitness essentials like an Olympic-length infinity lap pool, a multipurpose hall with sports courts and a gymnasium, to communal facilities like a barbecue area and children's play area, to more unusual facilities like a treehouse, hiking track, herb garden, spa hut, a suspension bridge and a sky bridge-cum-viewing point.
While the condominium's surroundings are generally known to be peaceful, Orchard Ville provides its residents added peace of mind with its security system incorporating CCTV cameras, 24-hour security patrols around the condominium's grounds, and a tightly-guarded perimeter border.
Location-wise, Orchard Ville also has a lot going for it, as it is situated near the Batu Maung industrial area and the Bayan Lepas Free Industrial Zone. Coupled with its easy access to major urban amenities like the Pantai Hospital Penang, Giant Hypermarket, Straits International School, as well as numerous other commercial complexes, schools, clinics and eateries, the condominium is a strategic location to live in for those working in the southern side of the island.
From Orchard Ville, it is just a short distance to the main road of Jalan Dato Ismail Hashim, in addition to other major routes like the Federal Route 6 trunk road circling the island, the Tun Dr Lim Chong Eu Expressway and Jalan Batu Maung. Bus stops are also available along Jalan Dato Ismail Hashim.
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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 (%) |
|---|---|---|---|---|---|
| Orchard Ville | Dec 2016 |
RM480,000
-
RM1,000,000
RM 444 psf - RM 634 psf |
RM1,100 - RM1,100 | NIL | 2.74 % |
| Setia Tri-Angle | 2015 |
RM430,000
-
RM1,088,888
RM 383 psf - RM 621 psf |
RM1,100 - RM1,100 | NIL | 2.81 % |
| Setia Sky Cubes | 2015 | NIL | NIL | NIL | NIL |
| Mont Tierra Residences | Oct 2014 |
RM1,080,000
-
RM1,150,000
RM 366 psf - RM 383 psf |
From RM2,000 | NIL | NIL |
| 35 Pearl Villas | Oct 2014 | From RM3,287,880 | NIL | NIL | NIL |
| Meridien Residence | 2014 |
RM510,000
-
RM950,000
RM 376 psf - RM 539 psf |
RM550 - RM550 | NIL | 1.52 % |
| Pavilion Resort | 2014 |
RM374,000
-
RM920,000
RM 199 psf - RM 525 psf |
RM1,300 - RM1,300 | NIL | 2.92 % |
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 | RM 475 psf | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | RM 1,740,000 psf | - |
| 4,000 SQ. FT and above | - | RM 3,300,000 psf | - |
Note:
| Down Payment (10%) | RM 54,800 |
| Loan Amount ( 90 %) | RM 493,200 |
| 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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