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Mesra Jaya in Butterworth, Penang, consists of two mixed developments of shop-lots and apartments, and commercial shops and condominiums. The older of the two is the Taman Mesra Jaya Apartment which consists of low-cost apartment units and a single-storey of shop-lots on the ground floor. The newer development, encompasses mid-range condominium units and 3 storeys of commercial shops.
The low-cost units at Taman Mesra Jaya Apartment are about 820 sf in size and their prices are about RM200,000 on the market. Rental is also considerably affordable at around RM800 per month. There are no facilities available for use by residents, other than parking bays.
The recently-built condominium units at Mesra Jaya on the other hand, are a lot more spacious with sizes of at least 1,600 sf. However, the homes will cost about RM400,000 and above, falling within the mid-range price. Rental prices of the units differ, where basic unfurnished units can be found at as low as RM900 while partially furnished or renovated units come at monthly rates as high as RM1,400. Facilities at the residence are a children’s playground, gym room, and a covered parking lot.
Being a matured commercial and residential neighbourhood, a range of amenities can be found within Mesra Jaya. These include mini markets, a surau, eateries and more. There is also an Econsave supermarket and several schools, namely SMK Chung Ling Butterworth and SMK Bagan Jaya just a short drive away.
Located just off Jalan Bagan Lalang, Mesra Jaya is accessible to and from other parts of Butterworth and the mainland via the Butterworth Outer Ring Road, and the North-South Expressway (NSE). The Butterworth town centre is also just about 5 minutes away while the Butterworth bus and ferry terminal is a little over 10 minutes’ drive away. The first Penang bridge is also a mere 20-minute drive south of Mesra Jaya.
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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 (%) |
---|---|---|---|---|---|
Mesra Jaya | 0 |
RM430,000
-
RM540,000
RM 255 psf - RM 276 psf |
From RM800 | NIL | NIL |
Carissa Villas | Apr 2015 | NIL | NIL | NIL | NIL |
Carissa Park | Oct 2012 |
RM430,000
-
RM430,000
RM 355 psf - RM 355 psf |
From RM850 | NIL | NIL |
Mandarin Quarter | Mar 2012 | From RM680,000 | NIL | 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 | - | RM 412,000 psf | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 20,000 |
Loan Amount ( 90 %) | RM 180,000 |
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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