Desa Permai Indah

Jalan Helang, Sungai Dua, Sungai Dua (Island), Penang

About this project

Desa Permai Indah is an apartment residence located in Sungai Dua, Penang. The property comprises of 6 blocks with each towering 14 storeys high, housing 528 units. The apartment is situated within a neighbourhood made up of many other similar high-rise residences catering to mid-range income group. The leasehold homes at Desa Permai Indah are sized at between 920 sf to 2,280 sf, which is comfortable enough to fit a family. Subsale prices for units begin at RM340,000 while rental prices are around RM900 per month. Facilities at Desa Permai Indah include a swimming pool, landscaped garden, tennis court, playground, and barbecue area. There is also a parking lot for residents as well as 24-hour security. Amenities in the area surrounding Desa Permai Indah include eateries, convenience stores and more in several commercial hubs while a Tesco Extra is also just a few minutes’ drive away. Queensbay Mall and a Giant hypermarket are also within reach at the nearby town of Bayan Baru. Located just off Jalan Sultan Azlan Shah, Desa Permai Indah is conveniently close to the first Penang bridge and the town of Bayan Baru. Bayan Lepas and Batu Maung are within 20 minutes’ journey from the property while Georgetown is also about the same distance. The Tun Dr. Lim Chong Eu Expressway provides an alternative route to any of those towns mentioned, as well as the second Penang bridge in Batu Maung. Credit : Propsocial 4.12.2019
Property Type
Condominium/Apartment,Flat
Total Units
528
Completion Year
1997
Beds
2 - 4 bedrooms
Built up
549 sqft - 3025 sqft
Tenure
Freehold,Leasehold
Transacted Price
RM 25,000 - RM 800,000
Asking Price (Sale)
RM 150,000 - RM 355,000
Asking Price (Rent)
RM 950 - RM 1,100

Location

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Past Transactions

Transaction DateAddressBuilding TypeFloorsLot SizePrice PsfPrice

Historical Monthly Price Range & Volume

Profitability

Profitable Transactions (Limited to 5 Total of 30 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
01 Feb 1318 Dec 19947 ft²36433825,0001.1
31 Jan 9420 Aug 19549 ft²27346125,0007.3
16 Jun 1628 Jun 19570 ft²26624617,0004
19 Aug 9422 Jan 19549 ft²27346125,0007.6
10 Jun 9307 Jan 19549 ft²32846155,0008

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 25 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 9 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
02 Sep 1329 May 17947 ft²369369--
02 Sep 1329 May 17947 ft²369369--
13 Dec 1514 Dec 15549 ft²228228--
08 Jul 1410 Aug 15549 ft²128128--
10 Oct 1329 Jan 14549 ft²173182-5000-15.5

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 4 more unprofitable transactions

Affordability

  • Down Payment (10%)RM 0
  • Loan Amount (%)RM 0
  • Tenure Years0 Years
  • Interest Rate0%
  • Loan Amount 90%
  • Down Payment 10%
Monthly Installment

RM 0±

Mortgage Provided by Hong Leong Bank

Maintenance Fees

RM 0 ±

RM 0 psf (0 sq ft)

Total Monthly Expenses

RM 0±

Disclaimer

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