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Mount Pleasure is a collection of terrace homes situated on the slopes of Batu Ferringhi, Penang. The homes offer unimpeded views of the sea in a generally quiet and peaceful neighbourhood.
The freehold homes at Mount Pleasure are 3 storeys high with spacious built-ups and wide balconies to get the most out of the sun and sea. The terrace homes come in built-up spaces of around 2,400 sf with a porch able to fit 2 cars.
Despite being around for a number of years, Mount Pleasure homes are for sale on the market at beginning prices of about RM1,500,000, given the views offered and large built-up sizes. There are also several units for rent at a monthly rate of RM2,200 with some being furnished units.
Mount Pleasure does not offer amenities or facilities within the neighbourhood, and amenities such as petrol stations and convenience stores would require a drive to the town of Batu Ferringhi and Tanjung Tokong. The nearest hypermarket would be a Tesco in Seri Tanjung Pinang which is a 10 minutes’ drive away.
Accessibility-wise, Mount Pleasure is just off Jalan Batu Ferringhi, which is the only main road residents can use to travel to the town of Batu Ferringhi, Georgetown and other parts of the island. Travelling to the city centre can take up to 30 minutes, that is, given that traffic is smooth. However, traffic along Jalan Batu Ferringhi has been notorious for being heavy and even coming to a complete stand still during times such as public holidays and weekends.
Hence, Mount Pleasure homes are more suitable for home owners or investors looking to own a holiday home or retirees and expatriates who just want a more laid-back lifestyle away from the city.
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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 (%) |
---|---|---|---|---|---|
Mount Pleasure | 0 |
RM1,650,000
-
RM1,650,000
RM 500 psf - RM 500 psf |
From RM2,200 | NIL | NIL |
Shamrock Beach | 2012 |
RM1,850,000
-
RM1,850,000
RM 472 psf - RM 472 psf |
RM9,000 - RM12,000 | NIL | 6.81 % |
Surin | 2011 |
RM688,000
-
RM950,000
RM 493 psf - RM 657 psf |
RM1,600 - RM1,600 | NIL | 2.52 % |
Island Resort | 2011 |
RM513,000
-
RM3,000,000
RM 410 psf - RM 744 psf |
RM1,700 - RM1,700 | NIL | 2.25 % |
Beverly Hills | 2011 |
RM1,150,000
-
RM5,300,000
RM 383 psf - RM 852 psf |
RM3,000 - RM3,000 | NIL | 2.42 % |
Hilltop Villas | 2011 |
RM2,790,000
-
RM9,000,000
RM 510 psf - RM 1,017 psf |
From RM12,000 | NIL | NIL |
The Waterfront | Mar 2010 |
RM980,000
-
RM1,750,000
RM 472 psf - RM 866 psf |
RM2,200 - RM2,200 | NIL | 1.96 % |
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 414 psf | - | - |
1,500 - 2,500 SQ. FT | RM 399 psf | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 150,000 |
Loan Amount ( 90 %) | RM 1,350,000 |
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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