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Taman Mewah
Taman Mewah, 11960 Batu Maung, Penang
Apartment
Details:
Facilities
Parking lot
Property Details
From RM63,000
From RM550
Built Up
From 460 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
NIL
Total Storeys
5
Total Units
NIL
Description
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.
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Nearby Amenities:
-
Nearby Properties
Nothing found within 1km
-
Public Transportation
Nothing found within 10km
-
Schools & Universities
Nothing found within 10km
-
Hospitals & Clinics
Nothing found within 10km
-
Shops / Malls
Nothing found within 10km
-
Places of Worship
Nothing found within 10km
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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 Mewah | 0 |
RM170,000
-
RM735,000
RM 340 psf - RM 496 psf |
From RM550 | NIL | NIL |
| Legenda @ Southbay | Nov 2013 |
RM4,500,000
-
RM5,480,000
RM 600 psf - RM 802 psf |
NIL | NIL | NIL |
| The Terrace | 2013 |
RM848,000
-
RM1,850,000
RM 346 psf - RM 578 psf |
NIL | NIL | NIL |
| Residence @ Southbay | Aug 2011 |
RM1,000,000
-
RM1,980,000
RM 376 psf - RM 757 psf |
RM2,000 - RM2,000 | NIL | 2.05 % |
| Sunway Mutiara | 2008 |
RM1,550,000
-
RM1,580,000
RM 526 psf - RM 537 psf |
From RM1,500 | 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 | - | - | - |
| 4,000 SQ. FT and above | - | RM 1,390,000 psf | - |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 146 psf
Non Landed Properties
RM 17,917 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:
| 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 |
Monthly Installment
RM 3,000 ±
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. 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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