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Taman Sri Relau, also unofficially known as the Relau 88 Flats, is a completed medium-cost apartment complex located off Persiaran Paya Terubong 2 in Relau, Penang. The high-density freehold apartment consists of four blocks built in a gated compound with 24-hour security, parking lots and a playground. Each of the units in the apartment comes with 3 bedrooms and 2 bathrooms, as well as a built-up area of 700 sf.
While the façade of the apartment building no doubt shows signs of age, it is still a relatively safe and convenient location to live in, particularly for those working in Relau, Sungai Ara, Sungai Nibong, Bukit Jambul and Bayan Lepas (including the Bayan Lepas Free Industrial Zone), or even those studying in the Inti International College Penang, which is a 1.6km walk away from Taman Sri Relau.
Public transportation is easily accessible. There is a bus stop right opposite the apartment along the main road of Jalan Paya Terubong, with buses 301 and 306 passing through the area. Furthermore, the Penang International Airport is just 6km away.
Taman Sri Relau is also suitable for families with school-age children, as there are numerous schools to be found in the surrounding area, such as SK Seri Relau, SJK (C) Min Sin, SK Sungai Ara and SJK (C) Chong Cheng. Other nearby amenities include the Klinik Relau, the Sunrise Mini Market convenience store, Sunshine Square, Bukit Jambul Complex, Sungai Ara Wet Market, Bukit Jambul Country Club, Penang International Sports Arena and the public recreational Metropolitan Park.
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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 Sri Relau | 0 |
RM198,000
-
RM230,000
RM 287 psf - RM 328 psf |
RM750 - RM750 | NIL | 4.29 % |
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 % |
Jambul Heights | Oct 2015 |
RM500,000
-
RM988,000
RM 349 psf - RM 495 psf |
RM2,800 - RM2,800 | NIL | 4.52 % |
The Address | 2015 |
RM865,000
-
RM1,700,000
RM 572 psf - RM 1,013 psf |
RM2,200 - RM2,200 | NIL | 2.55 % |
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 439 psf | - | RM 410 psf |
1,000 - 1,500 SQ. FT | RM 450 psf | - | RM 577 psf |
1,500 - 2,500 SQ. FT | RM 412 psf | - | - |
2,500 - 4,000 SQ. FT | RM 351 psf | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 21,500 |
Loan Amount ( 90 %) | RM 193,500 |
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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