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Gedung Heights Apartment at Bayan Baru, Penang is an apartment complex that is only 4 storeys high located along Cangkat Mayang Pasir. All units come in a standard 807 sf, which is just enough to house 3 bedrooms and 2 bathrooms. Since this is a low-rise development, there is no elevator service provided.
The only facility provided to residents of Gedung Heights Apartment is a parking lot while security is also lacking. The property also seems like it could also use a new coat of paint.
On the bright side, amenities nearby the property allows for enough convenience to residents. The main roads close to the property include Jalan Tun Dr. Awang and also Jalan Tengah, where one can find banks, clinics, restaurants, cafes, and the likes. More shop lots can be found in the nearby town of Bayan Baru just 5 minutes away.
Gedung Heights Apartment is reachable through Jalan Aziz Ibrahim, Jalan Sultan Azlan Shah, and of course the Bayan Lepas Highway. Bigger complexes are also located nearby like the SK Sungai Nibong School, the Bukit Jambul Golf Course, Kompleks Bukit Jambul,as well as the Bayan Lepas International Airport. Those wanting to commute using public transportation need not worry as the Rapid Penang bus services are available in the area.
Gedung Heights Apartment is a far cry from the many other newer properties in the area offering all sorts of facilities and amenities. Hence, from an investment standpoint, its strongest trait is merely its proximity to Bayan Lepas, which may appeal to those working there and are looking to find a more affordable home close to the town.
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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 (%) |
---|---|---|---|---|---|
Gedung Heights Apartment | 0 |
RM234,000
-
RM610,000
RM 289 psf - RM 381 psf |
From RM1,000 | NIL | NIL |
Promenade Residence | 2015 |
RM390,000
-
RM980,000
RM 400 psf - RM 612 psf |
RM1,300 - RM1,300 | NIL | 2.88 % |
Arena Residence | 2015 |
RM550,000
-
RM899,000
RM 440 psf - RM 620 psf |
RM1,300 - RM1,300 | NIL | 3.15 % |
Arena Curve | 2015 | NIL | From RM1,500 | NIL | NIL |
Elit Heights | 2014 |
RM498,000
-
RM1,580,000
RM 344 psf - RM 614 psf |
RM850 - RM850 | NIL | 2.82 % |
One Precinct | Nov 2013 | RM460,000 - RM880,000 | RM950 - RM3,000 | NIL | 3.54 % |
D'Piazza Condominium | Feb 2010 |
RM438,000
-
RM650,000
RM 376 psf - RM 522 psf |
RM1,000 - RM1,000 | NIL | 3.64 % |
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 | - | - | RM 770 psf |
500 - 1,000 SQ. FT | - | RM 294,000 psf | RM 807 psf |
1,000 - 1,500 SQ. FT | RM 516 psf | - | RM 759 psf |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | RM 1,497,600 psf | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 22,500 |
Loan Amount ( 90 %) | RM 202,500 |
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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