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TreeO
Apartment
Details:
Developer
Hunza Properties Berhad
View developer's profile
Facilities
Swimming pool
Wading pool
Property Details
From RM300,000
Built Up
-
Land Title
Residential
Tenure
Freehold
Total Blocks
3
Total Storeys
49
Total Units
1390
Description
TreeO is an apartment complex located in Sungai Ara, Penang. The project is of high-density nature, with over 1,000 units up for grabs, the units are spread between three 49-storey towers. The development is a brainchild of Hunza Properties Berhad.
The unit built-up details are yet to be released, but it will be going at an indicative price from RM300,000. The facilities within the apartment complex revolve heavily around catering to the lifestyle of its tenants, and include the likes of a swimming pool and a wading pool. The apartment, located within the hills, will allow its residents to capture scenic views of hilly terrains and the coast of the island. A sure-fire advantage would be that these luxurious elements in the homes is all affordable.
Located in the town of Sungai Ara, TreeO is built in a rather isolated area of the township. This ensures peace and serenity for the tenants. Despite so, the town centre is rather close to the development, and that allows residents to easily access amenities within the town centre, which include mini marts and restaurants, while bank ATMs can also be found scattered around town.
The Relau Metropolitan Public Park is also located nearby, and that can be a recreation destination for residents of TreeO. The apartment is also close to Bayan Baru and Bayan Lepas, where some of Penang's main attractions and landmarks are located. The Setia SPICE Arena, an event space, is just a short drive away, while Bayan Baru township has malls such as D’piazza Mall and Sunshine Square, providing extra entertainment choices for residents.
That's not all, there are more amenities in the Bayan Baru township, which include the likes of offices, banks, service centres, hotels, and restaurants. The Penang International Airport is just a short drive away from the apartment complex, making travel easier for outstation tenants. INTI International College Penang is also nearby the apartment, investors can consider having the units as an opportunity for investment.
TreeO can be reached via the Jalan Dato Ismail Hashim route, which connects to Jalan Sultan Azlan Shah. The following route then links to the North-South Highway (NSE) via the 2nd Penang Bridge.
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Nearby Amenities:
-
Nearby Properties
Nothing found within 1km
-
Public Transportation
Nothing found within 10km
-
Schools & Universities
Nothing found within 10km
-
Hospitals & Clinics
Nothing found within 10km
-
Shops / Malls
Nothing found within 10km
-
Places of Worship
Nothing found within 10km
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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 (%) |
|---|---|---|---|---|---|
| TreeO | 0 | NIL | NIL | NIL | NIL |
| Setia Greens | Dec 2016 |
RM470,000
-
RM1,500,000
RM 423 psf - RM 626 psf |
RM2,000 - RM2,000 | NIL | 3.35 % |
| Cypress Villa | Nov 2015 |
RM1,847,100
-
RM2,750,000
RM 499 psf - RM 687 psf |
NIL | NIL | NIL |
| Taman Sungai Ara | 2015 |
RM700,000
-
RM2,150,000
RM 314 psf - RM 811 psf |
RM2,800 - RM2,800 | NIL | 2.36 % |
| Zan Pavillon | Dec 2011 |
RM300,000
-
RM1,100,000
RM 301 psf - RM 542 psf |
RM2,000 - RM2,000 | NIL | 3.52 % |
| Idaman Lavender | June 2011 |
RM310,000
-
RM395,000
RM 413 psf - RM 526 psf |
RM800 - RM800 | NIL | 3.65 % |
| Raintree Garden | 2008 |
RM2,500,000
-
RM2,500,000
RM 500 psf - RM 500 psf |
NIL | NIL | NIL |
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 423 psf | - | - |
| 1,000 - 1,500 SQ. FT | RM 410 psf | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | RM 356 psf | - | - |
| 4,000 SQ. FT and above | - | RM 2,177,200 psf | - |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 415 psf
Non Landed Properties
RM 73,116 psf
Landed Properties
RM 329 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 30,000 |
| Loan Amount ( 90 %) | RM 270,000 |
| 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
()
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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