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2,000 2,000,000
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HH Galleria

Off Jalan Chee Seng 10, Taman Tanjung Bunga, 11200 Tanjung Bungah, Penang
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Details:

Developer

Chinese ad 4621 326x150 01

Property Details

Built Up
-
Land Title
Commercial
Tenure
Freehold
Total Blocks
1
Total Storeys
4
Total Units
NIL

Description

HH Galleria is the commercial phase of an integrated development located in Tanjung Bungah, Penang. The 4 levels of commercial shop-lots and retail outlets will complement HH Residence, which is a condominium residence housed in 2 towers above the retail podium.

The entire development encompassing HH Galleria and HH Residences will be built over 4.5 acres of land located at the intersection of Jalan Chan Siew Teong and Jalan Chee Seng 13. The development by Aspen Group is still in its planning stages and thus, not much information is known about it as of yet.

However, given its location strategically set in the town of Tanjung Bungah, the commercial and retail outlets at HH Galleria will be able to capture a fair share of the dense population in the area. Given the number of housing estates and high-rise residences in the Tanjung Tokong area, amenities such as eateries and mini markets can surely be well in demand, though the main target would be to cater to the residents of HH Residence.

Accessibility to and from HH Galleria is also convenient with Jalan Tanjung Tokong being just seconds from the property. The main road will connect to places like Gurney Drive and other parts of the city as well as Batu Ferringhi heading north.

Despite the lack of details known about the HH Galleria and HH Residence development, interest is still buzzing about the integrated development that seems to exude the potential of being in demand given its location and thus, of bringing in higher rental yields. Investors or business owners looking for a place to set up or relocate their ventures should definitely keep this development in mind.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
Tanjung Bungah
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Nearby Amenities:

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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 (%)
HH Galleria 0 NIL NIL NIL NIL
Taman Seri Setia 2012 RM190,000 - RM280,000
RM 271 psf - RM 400 psf
RM750 - RM750 NIL 4.98 %
Shamrock Beach 2012 RM1,850,000 - RM1,850,000
RM 472 psf - RM 472 psf
RM9,000 - RM12,000 NIL 6.81 %
Harmony Residence Dec 2011 RM3,200,000 - RM3,600,000
RM 636 psf - RM 720 psf
RM8,999 - RM8,999 NIL 2.73 %
Surin 2011 RM688,000 - RM950,000
RM 493 psf - RM 657 psf
RM1,600 - RM1,600 NIL 2.52 %
Beverly Hills 2011 RM1,150,000 - RM5,300,000
RM 383 psf - RM 852 psf
RM3,000 - RM3,000 NIL 2.42 %
Infinity Mar 2010 RM2,300,000 - RM6,500,000
RM 611 psf - RM 756 psf
RM6,800 - RM6,800 NIL 1.86 %

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 402 psf - -
1,000 - 1,500 SQ. FT RM 467 psf - -
1,500 - 2,500 SQ. FT - RM 890,000 psf -
2,500 - 4,000 SQ. FT RM 599 psf RM 1,100,000 psf -
4,000 SQ. FT and above RM 783 psf RM 600,000 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 459 psf
Non Landed Properties
RM 102,288 psf
Landed Properties
RM 257 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 50,000
Loan Amount ( 90 %) RM 450,000
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 ()
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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