Taman Kumbar Permai, despite sounding like the name of a neighbourhood, is a residence located in the Teluk Kumbar bay area, along the southern coast of the Penang Island. Completed in 2001, it consists of 1,080 sf units with 3 bedrooms and 2 bathrooms distributed into 5 blocks of 12-storey buildings.
The environment of the property is relaxed and communal, with facilities like a sepak takraw court, football field, swimming pool and playground. Car park lots are available around the property, as is 24-hour security surveillance. The beach is less than 1km away, providing various recreational spots for the entire family.
With its proximity to Bayan Lepas, Batu Maung and Balik Pulau, Taman Kumbar Permai is an affordable place to live for those working in these areas (as well as their families), as it is about 10 minutes to the former and 20 minutes to the latter two. Public transportation is easy to get, as multiple bus stations along at least 3 bus routes are located within a 1km radius.
There are several schools within Teluk Kumbar itself – SK Teluk Kumbar, which has a history of more than 130 years, SK Sungai Batu, SK Seri Bayu, SJK (C) Yang Cheng, SMK Telok Kumbar and SMK Teluk Kumbar 2. Teluk Kumbar is also home to popular seafood cuisine restaurants overlooking the bay, in addition to many other restaurants, convenience stores, markets and religious establishments.
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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 (%) |
|---|---|---|---|---|---|
| Taman Kumbar Permai | 2001 |
RM299,000
-
RM350,000
RM 276 psf - RM 324 psf |
RM1,000 - RM1,000 | NIL | 3.38 % |
| Cascara 88 | 2013 |
RM580,000
-
RM680,000
RM 374 psf - RM 419 psf |
From RM1,000 | NIL | NIL |
| TK Residence | June 2012 |
RM800,000
-
RM918,000
RM 421 psf - RM 510 psf |
From RM900 | NIL | NIL |
| Verona Thirty-Two | 2012 |
RM800,000
-
RM1,050,000
RM 307 psf - RM 525 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 | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 27,000 |
| Loan Amount ( 90 %) | RM 243,000 |
| 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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