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Taman Pandan in Butterworth, Penang is a mid-range apartment residence which has been around for a number of years. Its age is made apparent by the well-worn facades of peeled paint and water stains on the several blocks of complexes.
Each Taman Pandan complex is 5 storeys in height, with units sized at approximately 850 sf. Residents get to enjoy simple facilities like a swimming pool, wading pool and children’s playground while a parking lot and 24-hour security are also provided.
The freehold homes of Taman Pandan can be owned at prices beginning from RM245,000 with rental being approximately RM750 per month. The rates may be considered rather high given the age and outward appearance of the property. However, this could be due to its location near the Butterworth town centre.
Just opposite Taman Pandan is a mixed development where there are shop lots. Hence, a few conveniences like eateries, hair salons, and a number of auto repair shops are within reach of the property. More amenities like banks, convenience stores, mini markets, restaurants, an Econsave supermarket and more eateries, can be found in the Butterworth town centre area, especially along Jalan Raja Uda a minute or two’s drive from Taman Pandan.
SMJK Chung Ling Butterworth is the nearest school, under 5 minutes’ drive away while other schools are further away, such as SJK (C) Kwang Hwa Butterworth, SK Bagan Jermal, SMK Kampong Kastam, SJK Mak Mandin, and SMK Mak Mandin among others are within 15 minutes’ drive of Taman Pandan.
In terms accessibility, Taman Pandan is located about 10 minutes’ walk from Jalan Raja Uda where most commercial hubs are located. Hence, living at Taman Pandan may be better for those who have their own transport. The property is located just off the Butterworth Outer Ring Road, which leads to the town of Seberang Perai southwards along the coast. It then links to the North-South Expressway (NSE) at Seberang Jaya, where access to the first Penang bridge (about 20 minutes away) is possible. The property is also 10 minutes from the Butterworth Ferry Terminal, where cars, motorbikes and passengers can be transported by ferry across the sea to the Penang island.
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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 Pandan | 0 | From RM245,000 | From RM750 | NIL | NIL |
Orange 3 | 2016 |
RM435,000
-
RM485,000
RM 326 psf - RM 363 psf |
RM1,200 - RM1,200 | NIL | 3.72 % |
Maple Residence | 2015 |
RM655,000
-
RM860,000
RM 318 psf - RM 409 psf |
RM1,150 - RM1,150 | NIL | 2.18 % |
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 | - | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | RM 746,667 psf | - |
4,000 SQ. FT and above | - | RM 1,800,000 psf | - |
Note:
Down Payment (10%) | RM 24,500 |
Loan Amount ( 90 %) | RM 220,500 |
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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