Mutiara Villa

Condominium
35, Jalan Bagan Jermal, 10470 Tanjung Tokong, Penang
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Developer

Belleview Group
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Developer of Mutiara Villa, Belleview Group

Facilities

Covered parking lots
Barbeque pits
Gym
Mini market
Playground
Tennis court
Squash court
Sauna
Swimming pool
Multi purpose hall
Landscaped garden
Lounge
Game room

Mutiara Villa in Tanjung Tokong, Penang, is a low density condominium residence ideal for those who are looking for privacy and added peace. At 30 stories tall, the single residential building houses only 104 units, making it an average of merely 4 units to a floor while 2 exclusive penthouse units share the highest floor. Although the property was completed way back in 1994, it still remains well-kept with a presentable facade.

Standard units at Mutiara Villa are spacious with built-up areas ranging between 1,180 sf to 1,420 sf while the penthouse units are a sizeable 4,450 sf. The standard units here have 3 bedrooms and 2 bathrooms. The property offers a myriad of amenities for use by residents. These include facilities for leisure which are a swimming pool, a sauna, tennis courts, squash courts, and badminton halls. There is also a multi purpose hall, a lounge, and a barbecue area, as well as a landscaped garden.

Mutiara Villa sits on prime land due to its strategic location at the crossroads of Gurney Drive, Jalan Tanjung Tokong and Jalan Kelawai, making it highly accessible to other parts of the city. The property is also within walking distance to innumerable amenities like banks and convenience stores surrounding the area. Popular shopping malls like Gurney Plaza and Gurney Paragon are also just minutes away from the residence, offering additional conveniences like supermarkets, restaurants and even entertainment. Residents can also take a short drive up to Batu Ferringhi on the weekends.

Given the strategic location, spacious units and array of facilities, sub sale prices of Mutiara Villa condominium units have surprisingly, not surpassed the 1 million ringgit mark, with units on sale for around RM620,000 perhaps due to its age. Hence, the residence may appeal to some who like the convenience of location and acceptable conditions of the property while others may think that it is too pricy for a property of its age. Either way, properties in the region of Tanjung Tokong are generally suitable for investments given the demand for properties in such a strategic location.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants


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1994
(Year of Completion)
This project was completed 25 years ago
  • NIL
  • From RM 620,000
  • From RM 2,200
  • RM0.18psf
Built Up
1,180 sq ft - 4,450 sq ft
Land Title
Residential
Tenure
Freehold
Total Blocks
1
Total Storey
30
Total Units
104
Parking
NIL

Nearby Amenities

(CLICK THE MAP BELOW TO USE MAP & NEARBY AMENITIES)

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Did you know?

Check out the value of surrounding upcoming properties to make the best buying decision.

Property Name Year of Completion Launch Price Ad Selling Price
Mutiara Villa 1994 NIL RM 930,000 - RM 1,350,000
RM 775 psf - RM 843 psf
Setia V Residences 2016 RM 1,906,750 - RM 8,962,800 RM 1,539,000 - RM 2,100,000
RM 1,118 psf - RM 1,526 psf
The Landmark 2017 RM 1,677,500 - RM 3,132,800 RM 3,880,000 - RM 3,880,000
RM 1,291 psf - RM 1,291 psf
City of Dreams 2019 RM 1,450,667 - RM 3,613,333 RM 1,489,500 - RM 1,489,500
RM 1,357 psf - RM 1,357 psf
5 For Sale in Mutiara Villa 14 For Rent in Mutiara Villa 4 For Sale in Setia V Residences 6 For Rent in Setia V Residences 1 For Sale in The Landmark 2 For Rent in The Landmark 1 For Sale in City of Dreams

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 (%)
Mutiara Villa 1994 RM 930,000 - RM 1,350,000
RM 775 psf - RM 843 psf
RM 2,500 - RM 2,500 NIL 3.04 %
Gurney Paragon Sep 2011 RM 2,880,000 - RM 3,920,000
RM 919 psf - RM 1,400 psf
RM 6,500 - RM 6,500 NIL 2.89 %
H Residence 2009 RM 2,600,000 - RM 2,800,000
RM 550 psf - RM 604 psf
RM 7,000 - RM 7,000 NIL 2.56 %
The Bayu 2008 From RM 600,000 From RM 1,100 NIL NIL
Sri Bunga Raya 2006 RM 590,000 - RM 590,000
RM 621 psf - RM 621 psf
RM 1,500 - RM 1,500 NIL 2.85 %
Millennium Tower 2005 RM 578,000 - RM 700,000
RM 530 psf - RM 539 psf
RM 2,500 - RM 2,500 NIL 6.85 %
Gurney Palace 2004 RM 2,800,000 - RM 3,100,000
RM 560 psf - RM 750 psf
RM 7,000 - RM 10,000 NIL 3.13 %
5 For Sale in Mutiara Villa 14 For Rent in Mutiara Villa 12 For Sale in Gurney Paragon 15 For Rent in Gurney Paragon 3 For Sale in H Residence 1 For Rent in H Residence 1 For Sale in Sri Bunga Raya 1 For Rent in Sri Bunga Raya

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 739 psf - RM 561 psf
1,000 - 1,500 sq ft RM 666 psf - -
1,500 - 2,500 sq ft RM 1,151 psf - -
2,500 - 4,000 sq ft RM 808 psf - -
4,000 sq ft and above RM 654 psf - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 539 psf
Non Landed Properties
RM 780 psf
Landed Properties
RM 352 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 62,000
    Loan Amount ( 90 %) RM 558,000
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
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    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    RM 212 ±
    RM 0.18 psf (1,180 sq ft)
    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.

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