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Luminari is a soon-to-be-launched freehold serviced residence located along Jalan Chain Ferry in Butterworth, Penang. The 34-storey property is located within the 27-acre Harbour Place metro city. Its name, Luminari, points to its mission of shedding light on a healthy, holistic lifestyle for every single one of its residents.
Starting at a modest 947 sf, its 462 residential units are available in sizes up to 1,335 sf and configurations with two or three bedrooms. The security of the development is protected with a 24-hour security system, access card system and CCTVs installed all around the compound. Pockets of greenery are spread throughout Luminari, endowing it with a lush, relaxing and safe atmosphere.
A vast 77,000 sf has been allocated for Luminari’s 32 types of facilities, which are grouped into six zones on three floors. The podium on level 5 of the apartment houses a wide array of facilities – a 50-metre lap pool, wading pool, aqua gym, gymnasium, putting green, cabanas, tree house, play moulds, swing shelter, open lawn, badminton court, multipurpose hall, karaoke lounge and even a gourmet kitchen.
On level 32, residents are able to stretch out and get limber on the yoga deck, outdoor pilates-cum-aerobic deck or the outdoor fitness station, or curl up with an engrossing book at the outdoor reading area. Three floors up, they can find the sky lounge, gathering deck and hammock garden, from where they can revel in gorgeous panoramic views of the surrounding city and sea.
The serviced apartment is conveniently positioned about 1 km away from the Butterwoth-Kulim Expressway (BKE) and the upcoming Penang Sentral transportation hub in mainland Penang, where one can access ferries, buses, taxis and trains that lead into and out of the state.
The North-South Expressway (NSE) and the Penang Bridge are less than 15 minutes away from Luminari, while a proposed LRT line is expected to pass by the development. Also nearby is the Econsave chain supermarket, where residents can get their grocery shopping done.
All in all, for its convenient location, extensive facilities and compact configurations, the property is well suited for single working professionals, young couples or small- to medium-sized families looking for a well-rounded lifestyle within a bustling, emerging metro city.
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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 (%) |
---|---|---|---|---|---|
Luminari | May 2020 |
RM437,400
-
RM770,000
RM 325 psf - RM 813 psf |
RM1,500 - RM1,500 | NIL | 3.98 % |
Wellesley Residences | July 2014 |
RM315,000
-
RM660,000
RM 337 psf - RM 552 psf |
RM900 - RM900 | NIL | 3.57 % |
Ocean View Residences | June 2012 |
RM330,000
-
RM450,000
RM 351 psf - RM 447 psf |
RM950 - RM950 | NIL | 3.96 % |
Taman Limbungan Indah | 2010 |
RM655,000
-
RM655,000
RM 315 psf - RM 315 psf |
RM1,200 - RM1,200 | NIL | 2.2 % |
Sea View Tower | 2008 |
RM280,000
-
RM700,000
RM 273 psf - RM 701 psf |
RM450 - RM450 | NIL | 2.02 % |
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 388 psf | - | - |
1,000 - 1,500 SQ. FT | RM 361 psf | - | - |
1,500 - 2,500 SQ. FT | RM 425 psf | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 49,280 |
Loan Amount ( 90 %) | RM 443,520 |
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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