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Pinang Emas Flat
Jalan Sungai Satu, 10200 Batu Ferringhi, Penang
Apartment
Shop
Details:
Facilities
Parking lot
Property Details
2005
(Year of Completion)
(Year of Completion)
This project was completed 19 years ago
From RM100,000
From RM600
Built Up
From 600 SQ. FT
Land Title
Mixed
Tenure
Freehold
Total Blocks
2
Total Storeys
20
Total Units
NIL
Description
Pinang Emas Flat is a mixed development where there are low-cost apartment residences as well as shop units located in Batu Ferringhi, Penang. There are 2 high-rise blocks, each towering at 20 storeys tall, both completed in 2005. The ground floor of each unit houses shop lots.
Standard apartment units at Pinang Emas Flat are about 600 sf in built-up size, with a common 2 bedrooms and 1 bathroom layout. The homes could fit a small family of 3 and would be cramped for anything more than that. Being built for the purpose of providing basic and affordable housing to those within the lower income group, Pinang Emas Flat does not offer any facilities other than parking bays within the compounds of the property.
Amenities are however within reach, thanks to businesses like sundry shops, eateries, laundromats and others which operate in the ground-floor shop lots. However, many remain vacant, with more amenities requiring a short 3 minutes’ drive to Jalan Batu Ferringhi, where more shops can be found along the main road. There are also some food stalls along the road just outside the property.
The nearest hypermarket would be the Tesco Seri Tanjung Pinang, under 20 minutes away while the only schools around the vicinities of Pinang Emas Flat are the Uplands International School and the Penang International School. Other schools will require a winding drive to the Tanjung Tokong area. Given its location in hilly terrain and quite a distance from the main road, it is inconvenient for those who do not have their own transportation.
Units at Pinang Emas Flat are sold for about RM100,000 and rental is about a monthly RM600, which is still considered affordable. However, its location is less than ideal, except for those working in the hotels and resorts or other businesses in Batu Ferringhi.
Accessibility wise, the main road which connects Pinang Emas Flat to other towns on the island is Jalan Batu Ferringhi. Tanjung Tokong is about 20 minutes away while Georgetown could be an additional 10 minutes’ drive from Tanjung Tokong. Traffic also gets congested along Jalan Batu Ferringhi during weekends when tourists and locals flock to the popular beach town while Jalan Tanjung Tokong which leads to the city, is gridlocked during peak hours on weekdays.
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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
-
Shops / Malls
Nothing found within 10km
-
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 (%) |
|---|---|---|---|---|---|
| Pinang Emas Flat | 2005 |
RM125,000
-
RM185,000
RM 223 psf - RM 330 psf |
RM560 - RM560 | NIL | 4.61 % |
| Pearl Residences | May 2017 |
RM1,900,000
-
RM1,900,000
RM 613 psf - RM 613 psf |
RM4,500 - RM4,500 | NIL | 2.84 % |
| By The Sea | Apr 2015 |
RM1,380,000
-
RM2,400,000
RM 881 psf - RM 2,026 psf |
RM5,000 - RM5,000 | NIL | 4.09 % |
| La Ferringhi | Feb 2014 | RM1,450,000 - RM1,600,000 | NIL | NIL | NIL |
| Ferringhi Villas | Apr 2007 |
RM1,280,000
-
RM2,600,000
RM 426 psf - RM 823 psf |
RM2,800 - RM2,800 | NIL | 3.65 % |
| Eden Seaview | 2000 |
RM267,000
-
RM750,000
RM 269 psf - RM 564 psf |
RM900 - RM900 | NIL | 2.71 % |
| Ferringhi Delima Condominiums | 1999 |
RM285,000
-
RM350,000
RM 407 psf - RM 486 psf |
RM800 - RM800 | NIL | 3.69 % |
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 324 psf | - | - |
| 1,000 - 1,500 SQ. FT | RM 303 psf | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | RM 1,490,000 psf | - |
| 4,000 SQ. FT and above | - | - | - |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 360 psf
Non Landed Properties
RM 497,155 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 10,000 |
| Loan Amount ( 90 %) | RM 90,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Monthly Installment
RM 3,000 ±
Maintenance Fee
RM 60 ±
RM
60.0
psf
(600 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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