Eco Terraces

Condominium
Jalan Paya Terubong, Paya Terubong, 11060 Paya Terubong, ...
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Developer

Eco World Development Group Berhad
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Developer of Eco Terraces, Eco World Development Group Berhad

Facilities

Gazebo
Putting green
Picnic lawn
Terracing green
Sensory garden
Playground
Barbecue deck
Social deck
Mini theatre
Karaoke lounge
Multi-purpose function hall
Gourmet kitchen
Table tennis
Golf stimulation room
Multi-purpose sport hall
Eco pond
Spice & herbs garden
Meditation deck
Terracing boardwalk
Sun deck
Swimming pool
Jacuzzi
Aqua gym
Floating bed
Kid's pool / Wading pool
Gymnasium

Eco Terraces is an all new condominium located in Paya Terubong, Penang. This project is its developer’s maiden project in the Northern region, and is believed to set new standards in high-rise living in that area. Eco Terraces is one of the few developments that dedicates more land to landscaping than built-up elements, pictured as a serene sanctuary away from the city’s bustle.

Eco Terraces is a 12.79-acre freehold project featuring 333 units in a 33-storey tall residential block. The units here have a built-up area ranging from 1,139 sf to 2,095 sf. They come in 3-bedroom and 2-bathroom units and 4-bedroom and 3-bathroom units. The selling price of these homes at the time of its launch started from RM900,000. Each unit will come with 2 side-by-side parking spots.

Only 30% of the overall 12.79-acre plot of land will be developed. The development will comprise of the residential block itself, access roads, a lifestyle centre and other infrastructures. The remaining land will be set aside for green landscapes and natural features. Part of the developer’s plan is also to upgrade part of Jalan Paya Terubong leading into the development, giving it a facelift and improving its condition.

However, some of the other sections of the main road still remain one-lane wide each way, potentially slowing down traffic flow. But this could be alleviated in the coming years as the Penang State Government plans to build a new paired road between Farlim and Bukit Jambul. On the other hand, public transportation is available via RapidPenang buses via routes 201, 202, 203, 301 and 306.

The facilities provided at Eco Terraces include gazebo, picnic lawn, sensory garden, playground, swimming pool, barbecue deck, karaoke lounge, multi-purpose function hall and golf simulation home, just to name a few. The maintenance fee is estimated at RM0.35 psf for all these facilities.

Amenity wise, there are old-school coffee shops, hawker stalls, food courts, convenience shops, medicine halls and more. Econsave Supermarket nearby Farlim is the closest shopping option, while further in is a commercial hub that houses Sunshine Farlim - a hypermarket brand specially catered to Penangites.

The homes of Eco Terraces feature practical layouts that maximizes space usage, making it convenient for residents to mix and match furnitures to their preferences. Besides that, the developer also provides buyers with the option of having their units either fully fitted with lights, water heater and the like or fully fitted and fully furnished upon completion. While these options come with a price, it eliminates the hassle of having major renovations done prior to moving in.

Gated & Guarded
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants


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Today
(Under Construction)
2019
(Year of Completion)
  • From RM 900,000
  • NIL
  • NIL
  • RM0.35psf
Built Up
1,139 sq ft - 2,095 sq ft
Land Title
Residential
Tenure
Freehold
Total Blocks
NIL
Total Storey
33
Total Units
333
Parking
2

Floor Plans

Bedrooms
3
Bathrooms
2
Category
Condominium
Built Up
1139 sq ft

Plan a site visit or request for more information on this floor plan now !

Nearby Amenities

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 (%)
Eco Terraces 2019 NIL NIL NIL NIL
Majestic Heights 2015 RM 115,000 - RM 275,000
RM 164 psf - RM 371 psf
RM 470 - RM 470 NIL 3.32 %
Taman Seri Rambai 2013 RM 780,000 - RM 780,000
RM 390 psf - RM 390 psf
RM 850 - RM 850 NIL 1.31 %
Rambai Terrace 2012 RM 1,500,000 - RM 1,600,000
RM 416 psf - RM 502 psf
From RM 1,800 NIL NIL
Bukit Awana Condominium 1996 RM 290,000 - RM 450,000
RM 331 psf - RM 475 psf
RM 650 - RM 650 RM 215,163 (RM 243 psf) 2.07 %
15 For Sale in Majestic Heights 9 For Rent in Majestic Heights 1 For Sale in Taman Seri Rambai 1 For Rent in Taman Seri Rambai 4 For Sale in Rambai Terrace 9 For Sale in Bukit Awana Condominium 2 For Rent in Bukit Awana Condominium

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 167 psf RM 1,373 psf RM 262 psf
1,000 - 1,500 sq ft - - -
1,500 - 2,500 sq ft RM 375 psf RM 677 psf -
2,500 - 4,000 sq ft - - -
4,000 sq ft and above - RM 406 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 137 psf
Non Landed Properties
RM 669 psf
Landed Properties
RM 190 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 90,000
    Loan Amount ( 90 %) RM 810,000
    Tenure Years 35 Years
    Interest Rate %
    Interest Amount RM 810,000
    Others (Estimation) RM 10,000
    Personalize Your Mortgage
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By
    Maintenance Fee
    RM 398 ±
    RM 0.35 psf (1,139 sq ft)
    Total Monthly Expenses
    RM 3,000 ±

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