Tanjung Court

Jalan Angsana, Ayer Itam, Penang

About this project

Tanjung Court at Farlim, Penang is a high-density development that consists of 14 blocks built over leasehold land. Each block has six storeys and housing 672 apartments in total. As this is a high-density development, it caters more towards lower income residents. In terms of layout, sizes vary between 700 sf to 780 sf and they all come in a 3 bedrooms and 2 bathrooms layout. Residents will get to utilize the parking lot provided, while other facilities include a swimming pool, landscaped garden, playground and also 24-hour security. To be on the safe side, those interested in the property are better off going to the actual site for a better understanding of the actual security measures in place as this is a property for a different income bracket. Amenities surrounding the property are aplenty as it has been around for a while and residents are within close proximity to First Avenue Mall, Komtar, Prangin Mall, Sunshine Farlim Hypermarket, and Lam Wah Ee Hospital. Educational institutions are a handful with the Penang Free School, SK Convent Green Lane, Chung Ling High School, Sin Kang Chinese Primary School, Air Itam Secondary School, Sri Aman National School and many more located within driving distance. Accessibility is decent with the property being close to the first Penang bridge for those who need to travel to the mainland, while the second Penang bridge is also accessible but slightly further. Public transportation is conveniently nearby, mainly Rapid Penang buses, so residents are quite well connected. The property itself is closely located to highways and roads like the Thean Teik Highway, Solok Angsana, Jala Paya Terubong, Jalan Angsana, and LengkokAngsana to name a few. Do note that the Farlim area is generally prone to traffic congestion and will likely worsen given the many upcoming property developments expected there in the future. The property has already existed for quite some time and could be in better physical condition while pricing is on the lower end of the scale. Again, prospective buyers are advised to be physically there at the property for a proper evaluation. Credit by : Propsocial ( 4.12.2019 )
Property Type
Condominium/Apartment
Beds
3 - 3 bedrooms
Built up
700 sqft - 786 sqft
Tenure
Leasehold
Transacted Price
RM 57,900 - RM 540,000
Asking Price (Sale)
RM 240,000 - RM 300,000

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 14 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
05 Jan 1205 Aug 19786 ft²34422395,0005.9
06 Dec 1207 Jun 19775 ft²369235104,0007.2
02 Dec 1114 Dec 18786 ft²33721695,0006.5
05 Oct 1122 Nov 18775 ft²342174130,0009.9
30 Dec 1308 Jun 17786 ft²22319524,0004.4

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 9 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 4 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
21 Oct 1329 Aug 19775 ft²335339-3000-
28 Aug 1506 Apr 16786 ft²471471--
24 Dec 9128 Mar 14775 ft²7575--
09 May 1230 May 12786 ft²221223-1000-9.5

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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