Villa Condominium, also known as Taman Desa Relau 1, is a charming low-rise condominium complex located in Bayan Lepas, Penang. The property was completed in 1994.
The residence has several other developments surrounding it, such as Sri Angsana Apartment, Marina Tower, Pangsapuri Desa Mas Melur, Relau Intan Apartment, Taman Relau Jaya Apartment and Relau Intan Apartment.
Units at Villa Condominium feature 3 bedrooms and 2 bathrooms with built-up sizes of approximately 750 sf. Although the 9 residential blocks are only 5 storeys high, the developer provides elevators in each block for residents’ convenience.
Being a rather old residence, Villa Condominium offers an acceptable variety of facilities. There are parking bays, a community hall, landscaped garden and 24-hour security surveillance.
Moving on to amenities, several conveniences are located within the vicinities of Villa Condominium such as the Pantai Mutiara Hospital, Bukit Gedong Food Court, a Giant hypermarket, the Bayan Baru Market and Bukit Jambul Complex.
In addition to that, there are numerous educational institutions just minutes away from the residence, like SK Seri Relau, INTI International College, Kolej Komuniti Bayan Baru, SJK(C) Min Sin, SJK(C) Chong Cheng, SJK(T) Sungai Ara and SMK Bukit Jambul.
Other locations nearby include recreational parks like the Penang International Sports Arena (PISA), Bukit Jambul Golf and Country Club and the Bukit Jambul Orchid and Hibiscus Garden.
Villa Condominium can be easily accessed via Jalan Paya Terubong, Jalan Tun Dr. Awang and Jalan Bukit Gambier. Additionally, residents just need a few minutes’ walk to catch the public busses that pass through the area of the condominium. Rapid Penang busses numbered 301, 302, 303, 704 and 306 are some of the buses that are available in the area.
The only down side about the residence is the traffic around the area. Roads surrounding the Relau area are heavily congested during peak hours due, which most for road-users frequent when commuting to the Bayan Lepas Industrial Zone.
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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 (%) |
|---|---|---|---|---|---|
| Villa Condominium | 1994 |
RM275,000
-
RM400,000
RM 365 psf - RM 500 psf |
RM800 - RM800 | NIL | 3.02 % |
| Sierra East | July 2017 |
RM500,000
-
RM980,000
RM 390 psf - RM 593 psf |
RM1,000 - RM1,000 | NIL | 3.24 % |
| Skycube Residence | 2017 |
RM550,000
-
RM2,000,000
RM 370 psf - RM 724 psf |
RM1,000 - RM1,000 | NIL | 1.69 % |
| Setia Greens | Dec 2016 |
RM470,000
-
RM1,500,000
RM 423 psf - RM 626 psf |
RM2,000 - RM2,000 | NIL | 3.35 % |
| Jambul Heights | Oct 2015 |
RM500,000
-
RM988,000
RM 349 psf - RM 495 psf |
RM2,800 - RM2,800 | NIL | 4.52 % |
| Sierra Residences | 2015 |
RM410,000
-
RM580,000
RM 395 psf - RM 577 psf |
RM950 - RM950 | NIL | 3.33 % |
| Zan Pavillon | Dec 2011 |
RM300,000
-
RM1,100,000
RM 301 psf - RM 542 psf |
RM2,000 - RM2,000 | NIL | 3.52 % |
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 393 psf | - | RM 714 psf |
| 1,000 - 1,500 SQ. FT | RM 467 psf | RM 750,000 psf | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 25,000 |
| Loan Amount ( 90 %) | RM 225,000 |
| 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.
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