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The Terrace
Lebuh Batu Maung 10, Taman Seri Indah, 11960 Batu Maung, Penang
Terrace
Details:
Property Details
2013
(Year of Completion)
(Year of Completion)
This project was completed 11 years ago
From RM920,000
From RM1,080,000
Built Up
From 2,078 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
NIL
Total Storeys
2
Total Units
77
Parking
Min. 2
Description
The Terrace, in Batu Maung, Penang is a 2-storey terrace link housing development by a local developer. The freehold residential project comprises of 77 sizeable terrace houses strategically located in Taman Ku, Batu Maung with relatively quick access to the Bayan Lepas Industrial area and the Penang International Airport.
The 2-storey units at The Terrace comes with 4 bedrooms and 3 bathrooms with a built-up area of 2,078 sf within the land area of 21 sf x 70 sf onwards. The indicative price of the units is from RM920,000 onwards.
Just a brief drive to the Penang Second Bridge, which was completed in 2013, The Terrace is also within close proximity to various primary and secondary schools, such as SK Batu Maung, SK Bayan Lepas 2 and SK Mutiara Perdana just to name a few. Healthcare services and local general stores are available nearby for greater convenience.
Although the units at The Terrace isn’t within a gated and guarded community, as recent residential projects commonly offer, it is noted that a main road separates the National Instrument Site to the housing area, creating a sense of concealment. The finishings of The Terrace are of relatively good standards, with elevated high ceilings for both floors and a spacious living hall.
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Nearby Amenities:
-
Nearby Properties
Nothing found within 1km
-
Public Transportation
Nothing found within 10km
-
Schools & Universities
Nothing found within 10km
-
Hospitals & Clinics
Nothing found within 10km
-
Shops / Malls
Nothing found within 10km
-
Places of Worship
Nothing found within 10km
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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 (%) |
|---|---|---|---|---|---|
| The Terrace | 2013 |
RM848,000
-
RM1,850,000
RM 346 psf - RM 578 psf |
NIL | NIL | NIL |
| Residence @ Southbay | Aug 2011 |
RM1,000,000
-
RM1,980,000
RM 376 psf - RM 757 psf |
RM2,000 - RM2,000 | NIL | 2.05 % |
| Sunway Mutiara | 2008 |
RM1,550,000
-
RM1,580,000
RM 526 psf - RM 537 psf |
From RM1,500 | 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 | - | RM 1,390,000 psf | - |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 146 psf
Non Landed Properties
RM 17,917 psf
Landed Properties
RM 455 psf
Commercial Properties
Note:
- This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
- 'Nearby distance' is based on 1 kilometre
- Average Rental Yield takes into account an estimated amount of maintenance fees
My Affordability:
| Down Payment (10%) | RM 92,000 |
| Loan Amount ( 90 %) | RM 828,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM
N / A
psf
(2,078 SQ. FT)
Total Monthly Expenses
RM 3,000 ±
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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