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Platinum III

Teluk Kumbar Heights, Teluk Kumbar, 11000 Bayan Lepas, Penang
Condominium
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Details:

Developer

Developer of Platinum III, TPPT Sd. Bhd.
TPPT Sd. Bhd.
View developer's profile
Chinese ad 4621 326x150 01

Facilities

Swimming pool
Wading pool
Walking track
Gym
Sauna room
Children's playground

Property Details

2016 Mar
(Year of Completion)
This project was completed 8 years ago
RM406,885 - RM559,900
From RM467,000
From RM900
Built Up
1,230 SQ. FT - 1,330 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
3
Total Storeys
27
Total Units
357
Parking
Min. 2

Description

Platinum III at Teluk Kumbar, Penang is a freehold residential development comprised of three towers. There are 357 units in total, which is rather low-density given that each floor will only have about 6 units. Each unit is a corner unit to ensure great views and a sense of spaciousness.

The units at Platinum III come in sizes ranging between 1,230 sf to 1,330 sf. There are 4 types of layouts to choose from, with at least 3 bedrooms and 2 bathrooms. Each unit is also allocated 2 parking bays.

Facilities at Platinum III are ample, with a swimming pool, wading pool, gymnasium, sauna, walking track, playground and sauna room. Residents also have the option of purchasing locker rooms if they are in need of more storage space. There will be 24 hour security with a security card access system and also a 3-tiered security system to ensure the safety of residents.

Amenities surrounding the development are good with the property being right on Jalan Teluk Kumbar. Thus, the usual banks, clinics, cafes, restaurants, mini-markets and the likes will be aplenty along that very road. Schools are also numerous around the area with SK Sungai Batu, SRK Sungai Batu, SMK Teluk Kumbar, SMK Bayan Lepas, SK Bayan Lepas, SJKC Chung Shan all located within a 5 km radius of the property.

Accessibility is the highlight of this property and Jalan Teluk Kumbar will be the road to take when commuting. The Penang International Airport is just 3 km east while the second Penang bridge is just about 10 minutes away. Jalan Sultan Azlan Shah and the Tun Dr. Lim Chong Eu Expressway are also within proximity. Those wanting to commute using public transportation will just need to head over to Jalan Teluk Kumbar, where there are many bus stops along the road which is part of the Penang Rapid Bus route.

Platinum III looks great and is strategically located. Residents get to enjoy the facilities provided and also enjoy the convenience of being within reach to various amenities placed nearby the development. As an actual home to stay in, Platinum III will do well and the same can be said about its potential as an investment.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
Teluk Kumbar
Go To Neighbourhood
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Floor Plans:

Bedrooms 3
Bathrooms 2
Category Condominium
Built Up 1330 SQ. FT

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Nearby Amenities:

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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 (%)
Platinum III Mar 2016 RM490,000 - RM670,000
RM 371 psf - RM 503 psf
RM1,000 - RM1,000 NIL 2.48 %
Teluk Kumbar Heights Mar 2016 RM599,000 - RM1,500,000
RM 350 psf - RM 750 psf
RM1,200 - RM1,200 NIL 1.37 %
D'Zone Condominium June 2015 RM560,000 - RM660,000
RM 373 psf - RM 440 psf
RM1,150 - RM1,150 NIL 1.96 %
Setia Sky Cubes 2015 NIL NIL NIL NIL
Pavilion Resort 2014 RM374,000 - RM920,000
RM 199 psf - RM 525 psf
RM1,300 - RM1,300 NIL 2.92 %
Saujana Heights 1998 RM170,000 - RM280,000
RM 309 psf - RM 400 psf
From RM700 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 - - -
1,500 - 2,500 SQ. FT - - -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 217 psf
Non Landed Properties
RM 412 psf
Landed Properties
RM 105 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 40,688
Loan Amount ( 90 %) RM 366,196
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 (1,230 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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