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UDINI Square is a 3-storey lifestyle mall located in Gelugor, Penang. Officially opening its doors to the public in 2015, the mall has about 110,000 sf of leasable retail space – 103 shops in all, ranging from 113 sf to 2,855 sf.
UDINI Square’s main anchor tenants are Sports Direct, UK’s largest sporting goods retailer, MST Golf, one of Southeast Asia’s leading golf companies, and homegrown hardware and household item retailer, Mr DIY. Other existing tenants include retailers of electrical items, fashion and beauty brands, as well as gift stores.
Location-wise, UDINI Square has the advantage of being surrounded by mature townships in Penang. It is also connected to various places in Penang by the Jelutong Expressway, enabling customers to access the mall within just about 10 minutes or less from George Town, the Bayan Lepas Free Industrial Zone and the Penang Bridge.
With ample parking available – an entire level of the 3-storey building, in fact – and good connectivity, be it via highway, roads or even bus (via the interchange at the adjoining Tesco hypermarket), UDINI Square is likely to draw in customers seeking for a comfortable, hassle-free and focused shopping experience.
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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 (%) |
---|---|---|---|---|---|
UDINI Square | 2014 | NIL | RM678 - RM17,130 | NIL | NIL |
Vertiq | 2015 |
RM769,000
-
RM1,800,000
RM 591 psf - RM 1,013 psf |
RM1,500 - RM1,500 | NIL | 3.04 % |
Pearl Regency | 2013 |
RM780,000
-
RM1,300,000
RM 540 psf - RM 929 psf |
RM1,500 - RM1,500 | NIL | 2.88 % |
D'Mansion | 2013 | RM960,450 - RM1,032,000 | RM2,100 - RM2,100 | NIL | 3.32 % |
Pulse | Aug 2012 |
RM350,000
-
RM430,000
RM 396 psf - RM 537 psf |
RM900 - RM900 | NIL | 3.77 % |
The Oasis | 2012 |
RM480,000
-
RM730,000
RM 444 psf - RM 657 psf |
RM1,300 - RM1,300 | NIL | 3.37 % |
27 Green Terraces | 2012 | From RM2,388,000 | 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 | RM 570 psf | - | - |
1,500 - 2,500 SQ. FT | RM 586 psf | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
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 |
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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