Desa Pinang 2

Lebuh Sungai Pinang 7, Sungai Pinang, Penang

About this project

Desa Pinang 2 is a high-rise non-landed project situated in the neighbourhood of Sungai Pinang in Penang. This project was developed by Jelutong Development (a subsidiary of IJM group) and was completed in the year 2009. Desa Pinang 2 consists one 12-storey block and one 22-storey block which house a total of 900 units. Built-up size ranges from 540 sq. ft. to 620 sq. ft.., comprising either two bedrooms and one bathrooms or three bedrooms and two bathrooms. Schools in the vicinity are SJK Moh Ghee, SJK Li Tek, SK Jelutong and SJK Kheng Tean. Other amenities nearby include Tesco, E-Gate, 1st Avenue, Prangin Mall and Sunshine City. This project can be easily accessed via Tun Dr Lim Chong Eu Highway.
Property Type
Flat
No of block
2
No of storey
12
Completion Year
2009
Beds
2 - 3 bedrooms
Built up
484 sqft - 614 sqft
Tenure
Leasehold
Transacted Price
RM 25,000 - RM 260,000
Asking Price (Sale)
RM 179,000 - RM 185,000
Asking Price (Rent)
RM 750 - RM 800
Developer name
Jelutong Development Sdn Bhd

Facilities & Amenities

  • done
    24-hour Security
  • done
    Car Park
  • done
    Fitness Centre
  • done
    Banquet Hall

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 24 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
22 Feb 1908 Jul 20527 ft²341114120,000122.3
15 May 0803 Feb 20614 ft²29368138,00013.2
25 Sep 1219 Nov 19614 ft²40768208,00028.3
25 Oct 0704 Oct 19614 ft²24568108,00011.2
25 Sep 1205 Aug 19614 ft²39168198,00028.9

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 19 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 5 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
14 Jul 0806 Jun 13614 ft²6868--
05 Feb 0827 Sep 12614 ft²6868--
31 Aug 0815 May 12614 ft²6868--
03 Apr 0728 Jan 08527 ft²4747--
29 Mar 0712 Jul 07614 ft²6868--

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.

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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