Sungai Emas in Batu Ferringhi, Penang is a neighbourhood of terrace, semi-detached and bungalow homes. The double-storey homes appear to have been around for several years but remain rather well taken care of.
The homes within Sungai Emas are sizeable with built-up areas of around 2,200 sf, catering to larger families. Despite their spacious size, the homes can be found on the market for beginning prices of around RM900,000 while rental is on the higher end at about RM2,200 a month.
The non-gated or guarded neighbourhood does not offer any facilities to its residents, which is usual for older developments.
Basic amenities within the vicinities of Sungai Emas are a short drive down Jalan Sungai Emas to Jalan Batu Ferringhi. Along that road, there are amenities such as eateries and convenience stores. Other amenities such as the Tesco Seri Tanjung Pinang hypermarket and Island Plaza in Tanjung Tokong is within 20 minutes’ drive of the neighbourhood while Gurney Drive is a few more minutes from Tanjung Tokong, where shopping malls such as Gurney Plaza and Gurney Paragon as well as a hawker centre can be found.
Jalan Batu Ferringhi is the main road which connects Sungai Emas to Georgetown, with Jalan Tanjung Tokong being the main connection road between the coastal Jalan Batu Ferringhi and the city. Should traffic be smooth, Sungai Emas is about 30 minutes from Georgetown. However, traffic is known to be heavy along the two aforementioned roads, with congestion being worse during weekends and public holidays.
The homes at Sungai Emas are more suited as a holiday getaway given its impractical location far away from the city centre. Those looking to invest in the properties may also face stiff competition from the many other newer developments which have come up along Jalan Batu Ferringhi.
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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 (%) |
|---|---|---|---|---|---|
| Sungai Emas | 0 |
RM890,000
-
RM5,200,000
RM 307 psf - RM 733 psf |
RM1,700 - RM1,700 | NIL | 0.85 % |
| Pearl Residences | May 2017 |
RM1,900,000
-
RM1,900,000
RM 613 psf - RM 613 psf |
RM4,500 - RM4,500 | NIL | 2.84 % |
| La Ferringhi | Feb 2014 | RM1,450,000 - RM1,600,000 | NIL | NIL | NIL |
| Bayu Ferringhi | 2012 |
RM1,400,000
-
RM2,880,000
RM 466 psf - RM 1,000 psf |
RM3,000 - RM3,000 | NIL | 2.38 % |
| Moonlight Bay | Aug 2010 |
RM2,125,000
-
RM5,000,000
RM 442 psf - RM 1,000 psf |
RM4,000 - RM4,000 | NIL | 2.53 % |
| Pinang Emas Flat | 2005 |
RM125,000
-
RM185,000
RM 223 psf - RM 330 psf |
RM560 - RM560 | NIL | 4.61 % |
| Eden Seaview | 2000 |
RM267,000
-
RM750,000
RM 269 psf - RM 564 psf |
RM900 - RM900 | NIL | 2.71 % |
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 324 psf | - | - |
| 1,000 - 1,500 SQ. FT | RM 303 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 590 psf | - | - |
| 2,500 - 4,000 SQ. FT | RM 662 psf | - | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 90,000 |
| Loan Amount ( 90 %) | RM 810,000 |
| 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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