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Sierra Pinang is a series of 3-storey terrace houses located in Balik Pulau, on the island of Penang. The freehold gated and guarded development consists of 80 homes, each of them inspired by the style of Spanish homes, complete with earth-toned tiled pitch roofs and expansive terraces.
The Sierra Pinang houses vary in sizes, ranging from more than 2,150 sf to 3,476 sf, making them suitable for growing families. All 80 houses are organized into six clusters, with a community hall acting as the centerpiece of the development. The surroundings of the homes are lush and nature-filled, with a playground in one end of the development.
Adding to the appeal of Sierra Pinang, it is situated extremely near several schools such as SJK (C) Sin Min, SK Sungai Pinang and the Prince of Wales Island International School. The Balik Pulau town, with amenities like clinics, banks, schools and the Balik Pulau Hospital, is just about 10 minutes away.
The development can be connected to other parts of Penang via the trunk road, or Federal Route 6. There is also a bus stop directly outside SJK (C) Sin Min, frequented by bus 501, which travels from Balik Pulau to Teluk Bahang.
Currently, the prices of properties in the Balik Pulau area are still reasonably affordable compared to similar-sized properties elsewhere on the Penang Island. However, these prices are potentially going to rise as developers expand westward from the congested east part of the island, making Sierra Pinang’s landed homes a good option for property seekers.
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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 59,900 |
Loan Amount ( 90 %) | RM 539,100 |
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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