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Taman Paya Terubong is a low-cost flat complex situated in Paya Terubong, Penang. While the development looks rather aged and is high density, it occupies a freehold parcel of land at the end of a cul-de-sac lane, giving it a more secluded environment.
The residential units offered at Taman Paya Terubong have built-up sizes of over 500 sf to 800 sf, with communal parking lots, shops and convenience stores on the ground floor. Within a walking distance of the flat, residents will also be able to find food stalls, cafes, a mini mart and shops in the Paya Terubong area.
There is the Permata Sports Complex about 3.5km away, where the flat’s residents can go to for recreation and sports facilities. To get to the nearest hospital, however, they need to travel almost 10km to reach the Lam Wah Ee Hospital in the state capital.
For residents who use public transportation to get to their workplace or school, there is a bus stop located near the intersection of Tingkat Paya Terubong 2 and the lane leading to the flat. From this bus stop, one can catch bus 306 going between the Bayan Lepas Airport and the Penang General Hospital (or Hospital Pulau Pinang), as well as bus 502 that goes between the jetty in Georgetown and Balik Pulau.
Otherwise, residents of Taman Paya Terubong with their own private vehicles will need to take note that traffic along Tingkat Paya Terubong 2 can be slow, especially during peak hours. Nevertheless, the development is still a lower-cost place to stay for those working and studying in Air Itam and the surrounding neighbourhoods, for example like in INTI International College Penang in Bukit Jambul.
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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 (%) |
---|---|---|---|---|---|
Taman Paya Terubong | 0 |
RM118,000
-
RM118,000
RM 168 psf - RM 168 psf |
RM600 - RM600 | NIL | 7.37 % |
Majestic Heights | 2015 |
RM115,000
-
RM230,000
RM 164 psf - RM 328 psf |
RM450 - RM450 | NIL | 3.69 % |
Taman Seri Rambai | 2013 |
RM915,259
-
RM1,500,000
RM 280 psf - RM 500 psf |
NIL | NIL | NIL |
Rambai Terrace | 2012 |
RM1,180,000
-
RM1,180,000
RM 370 psf - RM 370 psf |
From RM1,800 | NIL | NIL |
Asia Heights | 2008 |
RM300,000
-
RM780,000
RM 357 psf - RM 574 psf |
RM750 - RM750 | NIL | 2.08 % |
Bukit Awana Condominium | 1996 |
RM238,000
-
RM303,000
RM 258 psf - RM 333 psf |
RM700 - RM700 | NIL | 2.94 % |
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 277 psf | - | - |
1,000 - 1,500 SQ. FT | - | - | - |
1,500 - 2,500 SQ. FT | - | RM 735,000 psf | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 23,000 |
Loan Amount ( 90 %) | RM 207,000 |
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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