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Jalan Barnett is a residential road which passes through a quiet housing estate in Georgetown, Penang. The semi-detached and bungalow homes lining the road have been around for a number of years and perhaps even decades, but remain well-kept and maintained. There are also more modern, individually designed homes which have been rebuilt over the original units.
The freehold homes along Jalan Barnett are expansive, with 2-storey semi-detached homes and triple-storey bungalows with built-up sizes beginning from 7,000 sf. The land upon which each unit is built on is also spacious, offering private gardens and large porches. At such impressive sizes and land areas, it is expected that units there come at steep prices. Subsale prices here begin from a whopping RM6,480,000.
The homes at Jalan Barnett enjoy easy access to a range of amenities, with its proximity to various established townships and commercial hubs in the city. Banks, eateries, restaurants, mini markets and more are all just minutes away. Additional conveniences and entertainment like supermarkets, retail outlets and a cinema can also be found at the shopping malls located in nearby Gurney Drive, namely Gurney Paragon and Gurney Plaza.
Schools and educational institutions in the area around Jalan Barnett are also plentiful, with the likes of SMJK Union, St. Christopher’s International School, SMK Padang Polo, and The One Academy Penang among others, within 15 minutes’ drive away. Island Hospital, Hospital Pulau Pinang, the Loh Guan Lye Specialist Centre and the Gleneagles Penang Medical Centre are also within close proximity.
Jalan Barnett is part of the extensive network of roads and lanes within Georgetown, with major roads such as Jalan Macalister, Jalan Perak, Jalan Burma and Jalan Kelawai just nearby. These roads enable access to other parts of the city as well as the island. Pengkalan Weld and the Tun Dr. Lim Chong Eu Expressway a short drive away, also enable a brief 10 minutes’ drive to the first Penang bridge and a 25 minutes’ journey to the town of Bayan Lepas.
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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 (%) |
---|---|---|---|---|---|
Jalan Barnett | 0 | From RM6,480,000 | NIL | NIL | NIL |
Y Cantonments | Mar 2017 | RM3,800,000 - RM5,504,875 | NIL | NIL | NIL |
Mansion One | 2015 |
RM600,000
-
RM1,300,000
RM 604 psf - RM 1,385 psf |
RM1,500 - RM1,500 | NIL | 3.65 % |
Scott Residence | 2015 |
RM1,450,000
-
RM2,850,000
RM 692 psf - RM 1,400 psf |
RM2,000 - RM2,000 | NIL | 1.59 % |
York Residence | 2014 | RM5,400,000 - RM6,800,000 | NIL | NIL | NIL |
The Manor | Dec 2013 | From RM5,050,000 | RM6,000 - RM6,000 | NIL | NIL |
8 Gurney | 2013 |
RM3,700,000
-
RM6,380,000
RM 464 psf - RM 686 psf |
RM8,500 - RM8,500 | NIL | 2.8 % |
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 786 psf | - | - |
1,000 - 1,500 SQ. FT | RM 816 psf | - | - |
1,500 - 2,500 SQ. FT | RM 993 psf | RM 2,000,000 psf | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | RM 6,150,000 psf |
Note:
Down Payment (10%) | RM 648,000 |
Loan Amount ( 90 %) | RM 5,832,000 |
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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