Taman Pekaka

Jalan Pekaka 1, Sungai Dua (Island), Penang

About this project

Taman Pekaka is a residential development located in Sungai Dua, Penang. The development's proximity to the University of Science, Malaysia makes it a popular and reasonably-priced dwelling area for students and staff of the institution. In fact, the area is also near to the Inti International College Penang, making it doubly ideal for investment purposes. Within the development, there are several types of housing options, be it apartment blocks or landed properties consisting of 1-storey and 2-storey terrace houses. One of these properties in Taman Pekaka is the Taman Pekaka Block 33, an affordable 11-storey apartment with compact 700 sf units of 3 bedrooms and 2 bathrooms layout. There is also the freehold Taman Pekaka Apartment, completed in 1998, a 4-block complex with a total of 640 units with 3 bedrooms and 2 bathrooms each. The apartment comes with a gym, sports courts, a playground, hall, car park, as well as 24-hour security. The Sungai Dua area is known for its convenience and ease of access to amenities. For example, schools like SMJK Phor Tay, SJK (C) Keong Hoe and SMK Bukit Jambul are just about 1km away from the area, while slightly further away there are other schools to choose from like SK Minden Height, SJK (C) Min Sin, SJK (C) Kwang Hwa, SMK Sungai Nibong, SK Bayan Baru and Fairview International School. For the convenience of those without their own means of transport, bus stops can be found along Jalan Sungai Dua, frequented by buses number 301, 303 and 304. While Taman Pekaka is also moderately near to the Penang International Airport, the Bayan Lepas Free Industrial Zone, as well as the Georgetown city centre — about 10 km in each direction, it more than makes up for this by its closeness to the first Penang bridge and the Tun Dr Lim Chong Eu Expressway (also called the Jelutong Expressay) leading to Georgetown. Queensbay Mall, Tesco Extra, the Penang Golf Club, Super Tanker Market and Food Court, Pantai Hospital Penang, Taman Pekaka Park and countless eateries and other retail outlets are also in the vicinity, further cementing the Taman Pekaka area as one of the most accessible locations on the island. Credit : Propsocial 13.12.2019
Property Type
Condominium/Apartment,Terraced House
Beds
2 - 5 bedrooms
Built up
657 sqft - 4499 sqft
Tenure
Freehold
Transacted Price
RM 52,000 - RM 1,330,000
Asking Price (Sale)
RM 880,000 - RM 980,000

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 7 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
14 Jun 1328 Jan 19700 ft²49740068,0003.9
31 Oct 1618 Sep 18657 ft²22115245,00021.8
12 Dec 1229 Dec 17700 ft²572329170,00011.6
16 Mar 1617 Oct 16657 ft²27116868,000126.4
12 Aug 1324 Feb 15700 ft²55764345,400309.9

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 2 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 (%)
23 Oct 1305 Aug 19700 ft²482500-12500-
24 Feb 1521 Dec 18700 ft²429557-90000-6.6

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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