Taman Medan Penaga is a single block medium-cost apartment in Batu Lanchang, Penang. The apartment was completed in 1995.
Taman Medan Penaga consists of 1 apartment block which is 9 storeys tall and houses a total of 95 residential units. Each unit has a built-up size of 790 sf and a standard 3 bedrooms and 2 bathrooms layout.
Moving on to facilities, Taman Medan Penaga has only limited offerings to its residents. Being a rather old residence, there are only parking lots and 24-hour security provided.
The location of Taman Medan Penaga is strategic for residents who need to travel to the city on a daily basis, just minutes away from the city centre.
Furthermore, with the Bayan Lepas Expressway, it will only take a short drive from the apartment to reach the Bayan Lepas district and the Penang International Airport.
Taman Medan Penaga is near to a list of amenities in the area. Several education institutions within close proximity include Universiti Sains Malaysia (USM), Wawasan Open University, SJK(C) Hu Yew Seah, SK Sri Tanjung and SMK Hamid Khan.
In addition to that, the nearest market is the Jelutong Market. There are also several hypermarkets, shopping malls and convenience stores such as a Tesco hypermarket, Aeon Big Prai, Mydin Wholesale Emporium, 7-Eleven outlets and Prangin Mall.
Public transportation is also available in Taman Medan Penaga. Rapid Penang busses frequent the area of Batu Lanchang and residents may take the busses numbered 206 and 302 which head to Georgetown and the Jelutong area.
The subsale prices for Taman Medan Penaga begin from RM390,000. The prices may be a bit steep due to the location of the apartment, which is conveniently close to nearby amenities.
No articles available for this property.
Would you like to see our Articles page instead?
CLICK HERE TO USE MAP
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 (%) |
|---|---|---|---|---|---|
| Taman Medan Penaga | 1995 |
RM258,000
-
RM385,000
RM 325 psf - RM 475 psf |
RM1,000 - RM1,000 | NIL | 3.73 % |
| Grace Residence | 2019 |
RM600,000
-
RM1,450,000
RM 504 psf - RM 878 psf |
RM1,800 - RM1,800 | NIL | 2.51 % |
| Aspen Residence | Mar 2016 |
RM680,000
-
RM860,000
RM 531 psf - RM 619 psf |
RM1,500 - RM1,500 | NIL | 2.88 % |
| D'Mansion | 2013 | RM960,450 - RM1,032,000 | RM2,100 - RM2,100 | NIL | 3.32 % |
| 27 Green Terraces | 2012 | From RM2,388,000 | NIL | NIL | NIL |
| Central Park | Mar 2011 |
RM1,250,000
-
RM3,000,000
RM 496 psf - RM 692 psf |
RM2,800 - RM2,800 | NIL | 1.92 % |
| Richmont Residences | 2010 |
RM1,080,000
-
RM1,080,000
RM 400 psf - RM 400 psf |
RM2,800 - RM2,800 | NIL | 3.11 % |
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 1,306 psf |
| 1,000 - 1,500 SQ. FT | - | - | RM 682 psf |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | RM 2,580,000 psf | - |
Note:
| Down Payment (10%) | RM 39,000 |
| Loan Amount ( 90 %) | RM 351,000 |
| 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.
With PropSocial, everyone can now find their dream home. Looking to buy, sell or rent a home of Taman Medan Penaga? Fill in your details and we will get right back to you!
