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Botanica Walk

Bandar Baru Air Putih, 11000 Balik Pulau, Penang
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Details:

Developer

Developer of Botanica Walk, MTT Properties & Development Sdn Bhd
MTT Properties & Development Sdn Bhd
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Chinese ad 4621 326x150 01

Property Details

2018
(Year of Completion)
This project was completed 6 years ago
Built Up
-
Land Title
Commercial
Tenure
Freehold
Total Blocks
NIL
Total Storeys
3
Total Units
NIL
Parking
Min. 1

Description

Botanica Walk is an upcoming shopping mall located in the Botanica CT development in Balik Pulau, on the western side of the Penang Island. The pedestrian commercial village will be situated just off Jalan Sungai Pinang, the main road passing through Balik Pulau, resulting in high visibility and convenient access via buses 403, 404 and 501.

When it opens in early 2018, Botanica Walk is targeted to have over 80 single- and double-storey food and beverage outlets, as well as a 3-storey anchor tenant, providing the residents of the Botanica CT neighbourhood a sophisticated yet laid-back destination inspired by European shopping streets and arcades, where they can indulge in retail therapy, bond with their community and families, as well as fulfil their daily necessities.

Since construction began on Botanica CT in 2006, it has come to be known as one of the first major developments in the under-explored area of Balik Pulau. Within the 300-acre garden township, there is an international school – the Prince of Wales Island International School – as well as several phases of residential properties such as sprawling exclusive hillside villas, bungalows, semi-detached houses and link houses.

Location-wise, Botanica Walk is considerably far from other towns on the Penang Island other than Balik Pulau, with the nearest towns being Teluk Kumbar (15km away), Sungai Ara (16km away) and Teluk Bahang (more than 17km away).

However, there is good potential for the mall as up till now there are no major malls in Balik Pulau, despite there being numerous residential developments and villages in the area. In the coming years development activity in the Balik Pulau area is also expected to increase, as developers expand westward from the congested eastern side of the Penang Island.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
Botanica CT
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Nearby Amenities:

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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 (%)
Botanica Walk 2018 NIL NIL NIL NIL
Fragonard Garden Apr 2014 RM519,000 - RM560,000
RM 294 psf - RM 400 psf
RM1,000 - RM1,000 NIL 2.45 %
Botanica 3 2011 NIL NIL NIL NIL
Botanica 1 2008 RM560,000 - RM585,000
RM 329 psf - RM 346 psf
NIL 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 - RM 1,040,000 psf -
4,000 SQ. FT and above - RM 1,334,000 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 145 psf
Non Landed Properties
RM 58,258 psf
Landed Properties
RM 0 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 50,000
Loan Amount ( 90 %) RM 450,000
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 ()
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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