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Taman Harbour View is a rather aged apartment residence located in Georgetown, Penang. The property is also known as Wisma KGN. Despite being built in 1995, the residence appears rather well-maintained.
The 10-storey single complex of Taman Harbour View houses 184 units, each with built-up spaces of around 650 sf. The apartment caters to the lower to medium income segment of the population, providing ample accommodation for individuals and small families. Facilities at Taman Harbour View are hence, only limited to a parking lot. On the bright side, there is 24-hour security with a guarded entrance.
Value of the units at Taman Harbour View have clearly risen throughout the years given its location in the city. Thus, subsale prices are as expected, not as affordable as they used to be with a beginning rate of RM300,000. Rental is also quite high for its size, at RM1,000 per month.
Amenities are within easy reach of Taman Harbour View, with many commercial hubs in the surrounding areas where convenience stores, eateries, restaurants, banks and more can be found. Prangin Mall and 1st Avenue are also just a mere minute’s drive away, where supermarkets, department stores and an even wider range of eateries and restaurants are offered.
Taman Harbour View is strategically situated along Pengkalan Weld, where access to the Georgetown city centre, the first Penang bridge and other parts of the island are a breeze. Major roads and highways can be accessed from the property, including the Tun Dr. Lim Chong Eu Expressway, Jalan Magazine, Jalan Dr. Lim Chwee Leong, Jalan Dato Keramat, Jalan Air Itam, Jalan Perak, Jalan Sultan Azlan Shah and more.
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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 Harbour View | 1995 |
RM320,000
-
RM320,000
RM 457 psf - RM 457 psf |
RM900 - RM900 | NIL | 3.38 % |
Sri Saujana Apartment | 2009 |
RM110,000
-
RM260,000
RM 169 psf - RM 417 psf |
RM800 - RM800 | NIL | 7.14 % |
Desa Pinang 2 | 2009 |
RM250,000
-
RM265,000
RM 384 psf - RM 431 psf |
RM700 - RM700 | NIL | 3.29 % |
Harbour Trade Centre | 2005 | From RM350,000 | From RM1,300 | NIL | NIL |
Prangin Mall | 2001 | From RM220,000 | From RM1,300 | 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 | - | - | RM 645 psf |
1,000 - 1,500 SQ. FT | - | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 30,000 |
Loan Amount ( 90 %) | RM 270,000 |
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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