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Taman Seri Tanjung is a relatively new neighbourhood in Butterworth. Situated near the main road of Jalan Ong Yi How, it consists of residential and commercial properties, including 2-storey terrace houses, shop lots and semi-detached factory units.
The commercial lots have contemporary designs, along with expansive glass frontages for maximum visibility for motorists and pedestrians passing by, while the terrace houses have large balconies overhanging the porch, allowing residents to enjoy the relatively peaceful surroundings of the houses in the cool evenings.
Surrounding Taman Seri Tanjung, there are other well-populated neighbourhoods such as Taman Dedap and Taman Perindustrian Teras Jaya. In the former, residents of the neighbourhood will be able to find various mini marts, bakeries, coffee shops and SMJK (C) Chung Ling Butterworth while in the latter, there are a wide selection of food and beverage outlets, beauty salons, convenience stores and banks.
Jalan Raja Uda, a long main road in Butterworth, also lies within close proximity of Taman Seri Tanjung. Commercial activity thrives all along the road, ensuring that residents will have an abundance of facilities and amenities to choose from. Business owners also can expect added exposure for their brands due to the Taman Seri Tanjung’s strategic location.
Furthermore, Rapid Penang bus 604 that travels between the Penang Sentral bus terminal and Sungai Dua goes past Jalan Ong Yi How, increasing foot traffic to the commercial properties in Taman Seri Tanjung. All in all, the neighbourhood is potentially a good location for those looking for a newer property, be it residential or commercial, which is near to matured vicinities.
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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 Seri Tanjung | 0 | From RM680,000 | From RM1,200 | NIL | NIL |
Carissa Villas | Apr 2015 | NIL | NIL | NIL | NIL |
Carissa Park | Oct 2012 |
RM430,000
-
RM430,000
RM 355 psf - RM 355 psf |
From RM850 | NIL | NIL |
Mandarin Quarter | Mar 2012 | From RM680,000 | NIL | NIL | NIL |
Cassia | 2009 |
RM303,000
-
RM790,000
RM 268 psf - RM 406 psf |
RM900 - RM900 | NIL | 3.89 % |
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 | - | RM 412,000 psf | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | RM 495,000 psf | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 68,000 |
Loan Amount ( 90 %) | RM 612,000 |
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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