Sri Wangsa 2 is located at 76, Jalan Penawar 1, off Lorong Perak in Jelutong, Penang. Built on a freehold land, it consists of two blocks of medium-cost apartments. This 17-storey apartment development comprises 3-bedroom and 2-bathroom units with an average built-up size of 650 sf each.
Apartment residents have easy access to many amenities. To those with children, several schools including SK Jalan Hamilton, SJK (C) Han Chiang, SK Tan Sri P.Ramlee, SJK (C) Moh Ghee, SJK (C) Sum Sun, Penang Free School, SMK Abdullah Munshi, SMK (P) Sri Mutiara and Penang Japanese School are all within walking distance. Other amenities nearby include restaurants, banks, shop lots, clinics and petrol station. Not only that, Sri Wangsa 2 is also just a short drive to Penang Times Square and Prangin Mall.
One of the major advantages of staying in a high-density neighbourhood as Perak Lane is that residents are merely a stone's throw away to many food places. There are coffee shops and hawker centres lining Perak Lane as well as many more along Jalan Perak. Obviously, that is not a foreign thing when it comes to Penang, a place that is widely known as a food haven.
Take note that during rush hours, traffic is very heavy with regular congestion at the traffic lights on either end of Perak Lane. Nevertheless, outside of rush hours, the traffic along Perak Lane is rather smooth. Other than that, Sri Wangsa 2 is accessible via Lorong Perak, which is linked to Jalan Jelutong and Jalan Perak with easy connectivity to Tun Dr Lim Chong Eu Highway. Public transportation services are also aplenty in the area.
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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 (%) |
|---|---|---|---|---|---|
| Sri Wangsa 2 | 0 |
RM260,000
-
RM313,000
RM 400 psf - RM 481 psf |
RM900 - RM900 | NIL | 3.52 % |
| Setia Sky Ville | Apr 2021 |
RM730,000
-
RM850,000
RM 686 psf - RM 733 psf |
RM1,700 - RM1,700 | NIL | 2.96 % |
| Aspen Residence | Mar 2016 |
RM680,000
-
RM860,000
RM 531 psf - RM 619 psf |
RM1,500 - RM1,500 | NIL | 2.88 % |
| The H2O | 2016 |
RM735,000
-
RM880,000
RM 443 psf - RM 550 psf |
RM1,800 - RM1,800 | NIL | 2.67 % |
| 86 Avenue Residences | 2014 |
RM810,000
-
RM810,000
RM 600 psf - RM 611 psf |
RM1,350 - RM1,350 | NIL | 2.7 % |
| Hexagon Tech Park | 2013 | From RM288,400 | From RM1,540 | NIL | NIL |
| Lavender Park | Jan 2011 |
RM280,000
-
RM380,000
RM 400 psf - RM 503 psf |
RM700 - RM700 | NIL | 3.18 % |
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 | - | - | RM 494 psf |
| 500 - 1,000 SQ. FT | RM 537 psf | - | RM 1,306 psf |
| 1,000 - 1,500 SQ. FT | RM 498 psf | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 25,000 |
| Loan Amount ( 90 %) | RM 225,000 |
| 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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