Taman Mewah

Apartment
Taman Mewah, 11960 Batu Maung, Penang
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Facilities

Parking lot

Taman Mewah is a low-cost apartment complex located in Batu Maung, Penang. The residence is made up of a few separate blocks, each 5 storeys tall. Units at Taman Mewah are about 460 sf in size, which is rather small. Subsale prices have also gone way beyond its initial affordable concept, now costing at least RM63,000 on the market. Rental is also on the higher side considering its size, at a monthly RM550.

Facilities are also only limited to parking lots within its compound while elevator and security services are also not provided. However, there are perimeter fencing around the property, though it is not much of a deterrence to crime.

Amenities in the surroundings of Taman Mewah are mostly eateries and sundry shops. There are several commercial hubs a short distance away along the main road of Jalan Batu Maung, where more varieties of restaurants and eateries can be found, as well as convenience stores and banks. Schools in the area include SK Permatang Damar Laut, and SK Batu Maung.

Taman Mewah is located just off Jalan Batu Maung, which is the main road running through the town of Batu Maung. The Batu Maung Highway and the Tun Dr. Lim Chong Eu Expressway are also within easy access, enabling a few minutes’ drive to reach the second Penang bridge from Taman Mewah. Bayan Lepas and the first Penang bridge are also around 10 minutes away. Georgetown on the other hand, is about 20 minutes away via the Tun Dr. Lim Chong Eu Expressway or Jalan Sultan Azlan Shah.

NIL
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants


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  • NIL
  • From RM 63,000
  • From RM 550
  • NIL
Built Up
From 460 sq ft
Land Title
Residential
Tenure
Freehold
Total Blocks
NIL
Total Storey
5
Total Units
NIL
Parking
NIL

Nearby Amenities

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 Mewah 0 RM 120,000 - RM 598,000
RM 240 psf - RM 332 psf
From RM 550 NIL NIL
Legenda @ Southbay Nov 2013 From RM 4,200,000 RM 2,000 - RM 2,000 NIL NIL
The Terrace 2013 From RM 1,080,000 NIL NIL NIL
Residence @ Southbay Aug 2011 RM 1,300,000 - RM 2,080,000
RM 424 psf - RM 880 psf
RM 2,800 - RM 2,800 RM 981,041 (RM 454 psf) 1.99 %
Sunway Mutiara 2008 RM 1,550,000 - RM 2,200,000
RM 333 psf - RM 537 psf
RM 2,000 - RM 2,000 RM 1,279,612 (RM 452 psf) 1.28 %
2 For Sale in Taman Mewah 2 For Rent in Legenda @ Southbay 12 For Sale in Residence @ Southbay 4 For Rent in Residence @ Southbay 5 For Sale in Sunway Mutiara 3 For Rent in Sunway Mutiara

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 146 psf - -
1,000 - 1,500 sq ft - RM 719 psf -
1,500 - 2,500 sq ft - RM 565 psf -
2,500 - 4,000 sq ft - RM 498 psf RM 359 psf
4,000 sq ft and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 146 psf
Non Landed Properties
RM 549 psf
Landed Properties
RM 455 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees
  • My Affordability Logo hong leong2

    Down Payment (10%) RM 6,300
    Loan Amount ( 90 %) RM 56,700
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply with Hong Leong Bank now
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    N / A
    RM N / A psf (460 sq ft)
    Total Monthly Expenses
    RM 3,000 ±

    Disclaimer

    The information shown is indicative and for illustration only. HLB 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 HLB reserves the right to approve or reject such applications without assigning any reason therefore.

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