Taman Alor Vista

Lebuh Relau, Relau, Penang

About this project

Taman Alor Vista is an apartment residence located in Relau, Penang. The high-density residence comprises 4 high-rise complexes towering at 20 storeys each. The units at Taman Alor Vista are 500 sf each, with a standard layout of 2 bedrooms and 1 bathroom. The only facility provided to residents of Taman Alor Vista is a parking lot, given its aim to provide affordable housing to the population. On the bright side, 24-hour security is provided. The low-cost units are about RM99,000 on the market, while rental is still relatively low at RM500 per month. Access to amenities from Taman Alor Vista will require a short drive to other commercial hubs in the Relau or Bayan Baru area. About 10 minutes’ drive will lead to commercial shop lots and retail outlets like Krystal Point and Queensbay Mall, where banks, restaurants, eateries, convenience stores, supermarkets and more are available. Schools like SK Bayan Baru, Fairview International School, and Chung Hwa Chinese Secondary School also require a short drive from the property. Major roads within the vicinities of Taman Alor Vista include Jalan Paya Terubong, Jalan Tun Dr. Awang and Jalan Sultan Azlan Shah. The Tun Dr. Lim Chong Eu Expressway is also within easy reach. These major roads and highway connect Taman Alor Vista to other parts of the island, making Bayan Lepas a little over 15 minutes away while the first Penang bridge is also of equal distance away. While Georgetown is about 30 minutes’ journey from the residence. Credit by : Propsocial ( 12.12.2019 )
Property Type
Flat
Beds
2 - 3 bedrooms
Built up
474 sqft - 775 sqft
Tenure
Freehold
Transacted Price
RM 39,858 - RM 250,000
Asking Price (Sale)
RM 145,000 - RM 178,000

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 (%)
27 Feb 1409 Jul 20517 ft²29017261,0008.5
26 Dec 1323 Oct 19517 ft²23220315,0002.3
15 Oct 1202 Oct 19517 ft²29014973,00010
23 Jan 1723 Sep 19517 ft²25222812,0003.7
29 May 0019 Aug 19517 ft²2529780,0005.1

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 2 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
06 Jul 1316 Feb 16517 ft²101101--
06 Jan 1211 May 12517 ft²145145--

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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