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Taman Seri Cemerlang is a neighbourhood situated in the bustling vicinity of Butterworth, Penang, where one can find double-storey terrace houses and a 12-storey freehold apartment that comes with guarded entry and covered parking. The neighbourhood is just adjacent to Palm Villas, a high end landed and guarded residential development consisting of courtyard terraces and landscaped grounds.
As Taman Seri Cemerlang is located in a more matured part of Butterworth, there is no lack of urban amenities in its surroundings. Families can select from numerous schools like SK Bagan Tuan Kechil (located just 250m away), SJK (C) Chung Hwa Pusat, SJK Mak Mandin, SMK Mak Mandin, SJK (T) Mak Mandin, SMK Datuk Hj. Mohamed Nor Ahmad, SMK Bagan Jaya and SMK Kampong Kastam.
It is also a short drive to the Bagan Specialist Centre, which stands next to the Perai River. Other than the Billion Shopping Centre, the second closest shopping mall is the Sunway Carnival Mall in Seberang Jaya, 6km away.
Opened in 2007, its four storeys accommodate a Parkson departmental store, hypermarket, various eateries, shopping outlets, beauty and fitness centres, as well as a cinema. More food and beverage options can be found at nearby neighbourhoods like Kampung Benggali and Kampung Baharu.
Traveling to the Penang Island from Taman Seri Cemerlang is no hassle at all, as the Penang Bridge is considerably near – less than 20 minutes by car, or about 11km away. The Sultan Abdul Halim Ferry Terminal and the Butterworth railway station are also about 4km away, accessible via Jalan Kampung Gajah, the trunk road running through Butterworth.
For residents who rely on buses to get around, there are several bus stations along this road, where one can take at least 4 different Rapid Penang buses. Considering these factors, it is no surprise that properties in Taman Seri Cemerlang are well-received be it by home buyers, investors or renters.
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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 Seri Cemerlang | 0 | From RM310,000 | From RM700 | NIL | NIL |
Nautical Bay | 2016 | NIL | RM2,800 - RM2,800 | NIL | NIL |
Telaga Emas | Apr 2013 |
RM370,000
-
RM450,000
RM 276 psf - RM 346 psf |
RM1,000 - RM1,000 | NIL | 2.54 % |
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 283 psf | - | - |
1,500 - 2,500 SQ. FT | RM 304 psf | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 31,000 |
Loan Amount ( 90 %) | RM 279,000 |
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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