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Utropolis Batu Kawan

14100 Batu Kawan, Penang
Serviced Residence SoHo/Studio Shop Office
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Developer

Developer of Utropolis Batu Kawan, Paramount Property
Paramount Property
View developer's profile
Chinese ad 4621 326x150 01

Property Details

From RM326,600
Built Up
From 400 SQ. FT
Land Title
Mixed
Tenure
Freehold
Total Blocks
NIL
Total Storeys
NIL
Total Units
808

Description

Utropolis Batu Kawan is Penang’s first university metropolis, an integrated development which will feature KDU Penang University College’s newest campus, along with residences, retail lots, office spaces and even a hotel, all spanning 44.3-acre of prime Batu Kawan land. Batu Kawan is slated to become the third satellite city of Penang, with the Utropolis Batu Kawan development to play a large role in its progress.

The first phase of Utropolis Batu Kawan to be completed is the commercial component. Made up of 196 commercial shop office units, there will be 3 types to choose from. There are 128 units of the Type A variant, with built-up spaces ranging between 400 sf to 1,280 sf. The 60 Type B units on the other hand, are sized at 1,290 sf to 1,800 sf. The largest of the 3 is Type C, with built-up sizes starting from 1,805 sf up to 3,500 sf. There are only 8 units of this type. The commercial shop lots have just recently been launched, with prices beginning from RM326,600.

Work on the other phases of Utropolis Batu Kawan are currently ongoing, with the KDU Penang University College campus expecting completion in 2019. Residential phases which are expected to be launched in the near future are 612 studio units, which will aim to accommodate the students, staff, and lecturers of the university college in the future as well as the working population in the area.

Utropolis Batu Kawan strives to become a self-sustainable township, it is within walking distance to Malaysia’s largest premium outlet mall, The Design Village, which opened in 2016. There will also be a hospital, Columbia Asia Hospital, which will be the first hospital to operate in Batu Kawan. Other developments nearby include the Batu Kawan Industrial Park, the Penang International Technology Park and One Auto Hub while there are plans for a theme park and golf course as well.

Utropolis Batu Kawan is strategically situated within close proximity to the North-South Expressway (NSE) and the second Penang bridge. Both are located just 1km away from the development, thus enabling unparalleled accessibility to and from Utropolis Batu Kawan, connecting the integrated township to other parts of Penang, the island and even peninsula Malaysia. Upon entering the island via the second Penang bridge, the Penang International Airport is also just a short distance away, which will be a huge convenience for businesses and corporations operating in Batu Kawan.

24-hour
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No
Pet Friendly
No
Eco Friendly (None)
Batu Kawan
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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
Utropolis Batu Kawan 0 From RM326,600 RM330,000 - RM568,000
RM 503 psf - RM 672 psf
Aspen Vision City 2025 From RM398,000 RM300,000 - RM780,000
RM 314 psf - RM 520 psf

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 - - -
1,500 - 2,500 SQ. FT - - -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 0 psf
Non Landed Properties
RM 0 psf
Landed Properties
RM 0 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 32,660
Loan Amount ( 90 %) RM 293,940
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (400 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.

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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