Taman Inderawasih

Solok Kikik, Seberang Perai, Penang

About this project

Taman Inderawasih is a neighbourhood in Seberang Jaya, Penang consisting of commercial and residential properties. The properties within Taman Inderawasih appear to be quite old in age, with some homes showing signs of age. The commercial lots, though newer than the homes, look like they could use a new coat of paint. Commercial lots are made up of several rows of 3-storey shop offices while residences encompass an apartment as well as single and double-storey terraces. The low cost, walk-up apartment residence is only 3 storeys in height. Properties at Taman Inderawasih are at least 723 sf in built-up size, with prices of units for sale beginning from RM230,000. Rental is about RM900 per month. The area appears well populated, with most of the homes being occupied while few shop lots remain vacant. Most basic amenities like eateries, a convenience store and a clinic can be found at the commercial lots of Taman Inderawasih itself, with other businesses like beauty salons and educational centres for children. There are also companies operating in the offices above the commercial lots. Another commercial hub nearby offers a choice of more amenities like banks, fast food restaurants, eateries and more. SMK Taman Inderawasih is the only school available within the neighbourhood of Taman Inderawasih while more schools are slightly further away, requiring a few minutes’ drive, such as SJK (C) Chung Hwa 3, SK Khir Johari, SK Seberang Jaya, and SMK Perai. Taman Inderawasih is about 10 minutes away from the first Penang bridge via Jalan Perusahaan, which may be convenient for those working on the island. The town of Butterworth is also around 20 minutes’ drive northwards by the Butterworth Outer Ring Road. Apart from that, the North-South Expressway (NSE) is also accessible from the neighbourhood. Credit : Propsocial 13.12.2019
Property Type
Condominium/Apartment,Flat,Low-Cost House,Semi-Detached,Terraced House
Beds
2 - 4 bedrooms
Built up
517 sqft - 6577 sqft
Tenure
Freehold
Transacted Price
RM 25,000 - RM 930,000
Asking Price (Rent)
RM 1,200 - RM 1,200

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 8 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
23 Sep 9803 Sep 19527 ft²1144735,0004.3
04 Dec 9928 Nov 18517 ft²874820,0003.1
25 Jul 1728 Feb 18527 ft²1231165,00014.3
09 Apr 9821 Jun 13527 ft²924723,5004.5
08 Apr 9806 Nov 12527 ft²764715,0003.3

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 3 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 8 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
03 Sep 1924 Jun 20527 ft²114114--
28 Feb 1824 Oct 18527 ft²123123--
06 Jan 9818 Aug 14527 ft²4747--
25 Jul 1109 Apr 12527 ft²8789-1000-3
08 Apr 9814 Apr 98527 ft²4747--

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 3 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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