Shineville Park

Off Jalan Taman Thean Tek 2, Ayer Itam, Penang

About this project

A beautifully designed condominium development located in the area of Ayer Hitam Penang is Shineville Park. The development was completed in 2015 and was developed by the OHM Group, which is a famous group in development business and has been working in this industry for a long time now. It is a great development and contains all the facilities of life, making it an ideal place to live in. The developers made sure that the residents enjoy their living in the Shineville Park and to do so they developed a lounge where the residents can sit and enjoy their time, a viewing deck from where they can enjoy the view, recreational path to help them relax, landscaped garden to enjoy the fresh environment, a BBQ area where the residents can enjoy their time along with the combination of quality food and spend some quality time with their friends and family. Shineville Park is indeed a great place to live in. It is surrounded by many different amenities such as some famous schools namely Penang Free School, Ching Ling High School, Sin Kang Chinese Primary School, Air Itam Secondary School, Sri Aman National School, Batu Lancang Tekni Secondary School, Georgetown Secondary School and Batu Lanchang Natioanl School where the residents can send their children and do not have to worry about their schooling, a beautiful mosque where the residents can offer prayers without any tension, Penang Turf Club, SMK Georgetown, Lam Wah Ee Hospital where the residents can go if there is any medical emergency and beautiful malls such Prangin Mall, Komtar and 1st Avenue Mall. Shineville Park is located very close to a famous tourist destination known as Air Itam enclave and is strategically developed keeping the importance of location in mind. It is very accessible and the residents can easily travel to and from Shineville Park via Thean Teik Highway and Jalan Air Itam. The developers made sure that the residents enjoy every facility inside the development and also remain fit and healthy. To ensure that the residents enjoy a healthy lifestyle, the developers equipped the place with a lap pool, wading pool and a modern state of the art gymnasium containing all the latest and modern exercising tools. There is a sauna available in the development where the residents can enjoy and relax. The developers did not forget about the children and developed a playground for children so that the parents do not have to worry about their children playing outside the development. There is an indoor badminton court, squash table, table tennis, tennis court available inside the development to make sure that the residents enjoy a healthy lifestyle while residing inside the Shineville Park. To make the residence in the development convenience for the residents, there is a parking facility available for the residents of the building. Most importantly, there is a 24 hour security for the residents of the development to make sure that the residents enjoy a tension free life while residing inside the Shineville Park. Shineville Park is a beautiful modern design development and comprises of a single block containing 40 storeys. There are 299 units in these 40 storeys and the owners have an option to select from different layouts of the units. Type A contains 4+1 rooms and 2 bathrooms, Type B contains 4 rooms and 2 bathrooms, Type C contains 3 rooms and 2 bathrooms, Type D is a Penthouse and contains 5+2 rooms and 5 bathrooms and Type E is also a Penthouse and contains 5+1 rooms and 5 bathrooms. The covered built up area of the units start from 1300 sf and goes up 3350 sf depending on the design and the type of the unit. The launch price of the development starts from RM 366,000 and the subsale price of the development is RM 510,000. There is a maintenance fee of the RM 100 which the residents of the development have to pay while residing in the development. Shineville Park is a great project developed by a very famous OHM Group which has been working in this development industry since 1982 and has been running a very successful business for the last 30 years. They have developed very famous projects such as Zan Pavillon, The LOOC Residence, The Bayu, Damai Vista, Suria Vista, Zan Villas and Casa Impian. They made sure that the Shineville also adds fame to their name and becomes a landmark for other developers. Nearby projects in Ayer Itam includes Boulevard Condominium, All Seasons Park, Melody Homes, and Shineville Park Condominium. Credit : Propertyguru 5.12.2019
Property Type
Condominium/Apartment
No of block
1
No of storey
40
Total Units
299
Completion Year
2014
Beds
3 - 3 bedrooms
Built up
700 sqft - 3348 sqft
Tenure
Freehold
Transacted Price
RM 107,500 - RM 889,150
Asking Price (Sale)
RM 240,000 - RM 800,000
Asking Price (Rent)
RM 750 - RM 2,000
Developer name
OHM Group

Facilities & Amenities

  • done
    24-hour Security
  • done
    Badminton Court
  • done
    Squash Court
  • done
    Tennis Court
  • done
    Jacuzzi
  • done
    Sauna
  • done
    Swimming Pool
  • done
    Fitness Centre
  • done
    Park and Garden
  • done
    BBQ Area

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 4 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
12 Sep 1214 Sep 123,348 ft²194280203,5505.9312548603251e+31
04 May 1212 Sep 121,593 ft²28026411,4507.5
26 Apr 1204 May 121,647 ft²2642615,70082.5
28 Mar 1229 Mar 123,348 ft²266274452,2004.152412626679e+114

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.

Unprofitable Transactions (Limited to 5 Total of 11 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
01 Jul 1525 Apr 171,593 ft²135402-425000-45.1
04 Oct 1230 Oct 123,111 ft²189194-61100-75
03 Oct 1204 Oct 123,348 ft²194194--
03 Oct 1204 Oct 123,348 ft²194194--
03 Oct 1204 Oct 123,348 ft²194194--

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 6 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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