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Gardens Ville is a gated and guarded freehold mixed development targeted for completion in 2015, with 476 units and two 29-storey towers surrounded by commercial and retail outlets. In both towers, a typical floor has 10 units, served by 4 lifts and arranged around a central courtyard. Buyers can choose from 4 types of layouts, which differ slightly in size – ranging from 1,115 sf to 1,270 sf, all with 3 bedrooms and 2 bathrooms.
Features of Gardens Ville include a riverscape with three different terrains, flora and fauna – Wetlands, Urban and Natural. A tranquil landscaped garden on the 6th floor complete with a gazebo, playground, fountain and various plans adds to the appeal of the development. There is also a private clubhouse available where residents have the use of a swimming pool, jogging trails, gym, reading lounge, games room, sauna and multipurpose hall.
Near the development are several main roads – Jalan Paya Terubong, Jalan Dato Ismail Hashim and Jalan Tun Dr Awang. While these roads around Gardens Ville can be rather congested especially at peak hours, this is also true of many other locations on the Penang Island. However, within Sungai Ara itself and surrounding neighbourhoods, there are many amenities that will minimise the residents’ need to travel too far out of the area.
In a radius of just 4km, one can find recreational spots like Relau Metropolitan Park, Penang Golf Club, educational institutions like Inti International College Penang, SJK (C) Min Sin, SK Relau, SK Sungai Ara, commercial complexes like Elit Heights and Sunshine Square, the Giant Hypermarket and Pantai Hospital Penang.
The development can also reach various infrastructures like the Penang International Airport, Penang Bridge, Second Penang Bridge and the Bayan Lepas Free Trade Zone in about 10 minutes. With its strategic location in a relatively peaceful part of Penang, it is no wonder that the Garden Ville properties’ are well-received by the public and sold out during its initial launch.
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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 (%) |
---|---|---|---|---|---|
Gardens Ville | Nov 2015 |
RM500,000
-
RM698,000
RM 392 psf - RM 543 psf |
RM1,000 - RM1,000 | NIL | 2.6 % |
Sierra East | July 2017 |
RM500,000
-
RM980,000
RM 390 psf - RM 593 psf |
RM1,000 - RM1,000 | NIL | 3.24 % |
Skycube Residence | 2017 |
RM550,000
-
RM2,000,000
RM 370 psf - RM 724 psf |
RM1,000 - RM1,000 | NIL | 1.69 % |
Setia Greens | Dec 2016 |
RM470,000
-
RM1,500,000
RM 423 psf - RM 626 psf |
RM2,000 - RM2,000 | NIL | 3.35 % |
Jambul Heights | Oct 2015 |
RM500,000
-
RM988,000
RM 349 psf - RM 495 psf |
RM2,800 - RM2,800 | NIL | 4.52 % |
Sierra Residences | 2015 |
RM410,000
-
RM580,000
RM 395 psf - RM 577 psf |
RM950 - RM950 | NIL | 3.33 % |
Idaman Iris | 2013 |
RM350,000
-
RM480,000
RM 411 psf - RM 564 psf |
RM950 - RM950 | NIL | 3.4 % |
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 | RM 377 psf | - | RM 714 psf |
1,000 - 1,500 SQ. FT | RM 452 psf | RM 750,000 psf | RM 646 psf |
1,500 - 2,500 SQ. FT | RM 422 psf | - | - |
2,500 - 4,000 SQ. FT | RM 351 psf | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 40,000 |
Loan Amount ( 90 %) | RM 360,000 |
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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