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Nautical Bay
Lorong Kampung Gajah 2, 12200 Butterworth, Penang
Condominium
Details:
Developer
OHM Group
View developer's profile
Facilities
Infinity pool
Wading pool
Sky garden
BBQ deck
Gymnasium
Games room
Lounge
Property Details
2016
(Year of Completion)
(Year of Completion)
This project was completed 8 years ago
From RM568,000
Built Up
From 2,152 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
1
Total Storeys
14
Total Units
28
Description
Nautical Bay is a newly completed freehold condominium that practices the build-then-sell concept. The property is developed by OHM Group and situated in Butterworth, Penang.
The selling point of this residence is its ultra-low density. It offers 28 exclusive units, with each floor only holding 2 units. The condo built-up begins from 2,152 sf and each unit offers breath-taking views of the sea, facing the Penang Island. Evidently, it is great for those who seek privacy as well as jaw-dropping views.
There are numerous facilities offered to the residents of Nautical Bay, such as a wading pool, infinity pool, gymnasium, round-the-clock security and CCTV, covered car park and automated gate access. Apart from that, there are also other features like a barbecue deck and sky garden. A multi-purpose hall is also available inside the condominium for use by residents.
As for amenities, Nautical Bay is built at a strategic location, within the bustling township of Butterworth. To add, the Penang Sentral and the upcoming Undersea Tunnel are only 2.5 km away. Those with children, fret not, as there are several schools which are just minutes of the residence, such as SJK(C) Kwang Hwa, SK Convent Butterworth, and SJK(C) Chung Hwa.
Public transportation is also conveniently within reach as the bus, ferry and train terminals are only a couple of kilometres away from Nautical Bay. Due to its strategic location, residents of Nautical Bay will be able to access the property via the Butterworth Outer Ring Highway, which is situated a stone’s throw away from the residence. The highway also leads to the first Penang bridge as well as other parts of the mainland, such as Bukit Mertajam, Seberang Perai, and even other states in Malaysia.
Looking at the location and the accessibility, paired with amazing views, as well as assured privacy, Nautical Bay can be considered as a good investment for a dream home.
Nautical Bay has an indicative price of RM568,000 onwards. Considering the large built-up space of Nautical Bay condominium units, the price for this residence is considerably reasonable.
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Nearby Amenities:
-
Nearby Properties
Nothing found within 1km
-
Public Transportation
Nothing found within 10km
-
Schools & Universities
Nothing found within 10km
-
Hospitals & Clinics
Nothing found within 10km
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Shops / Malls
Nothing found within 10km
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Places of Worship
Nothing found within 10km
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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 (%) |
|---|---|---|---|---|---|
| Nautical Bay | 2016 | NIL | RM2,800 - RM2,800 | NIL | NIL |
| Telaga Emas | Apr 2013 |
RM370,000
-
RM450,000
RM 276 psf - RM 346 psf |
RM1,000 - RM1,000 | NIL | 2.54 % |
| Cassia | 2009 |
RM303,000
-
RM790,000
RM 268 psf - RM 406 psf |
RM900 - RM900 | NIL | 3.89 % |
| Ria Apartment | 1999 |
RM160,000
-
RM310,000
RM 213 psf - RM 319 psf |
RM650 - RM650 | NIL | 4.21 % |
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 283 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 304 psf | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 214 psf
Non Landed Properties
RM 295 psf
Landed Properties
RM 0 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 56,800 |
| Loan Amount ( 90 %) | RM 511,200 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM
N / A
psf
(2,152 SQ. FT)
Total Monthly Expenses
RM 3,000 ±
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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