University Heights

No. 95-97, Jalan Sungai Dua, Kampung Dua Bukit, Sungai Dua (Island), Penang

About this project

University Heightsis a condominium residence located in Sungai Dua, Penang. Comprising of 2 blocks towering 20 storeys in height, there is a total of 224 homes made up of standard units and more exclusive penthouses. Completed in 1995, the property displays signs of its age with a facade of peeled paint and water stains. The 210 standard units at University Heights are sized between 800 sf to 1,000 sf with 3 bedrooms and 2 bathrooms. There are only 14 penthouses, which are at least 1,600 sf in built-up size. Market rates for the units begin from a minimum of RM405,000 while rental is approximately RM1,000 per month. Most units for rent come partially furnished, with few being completely bare as a majority of them have been occupied. Facilities at University Heights are ample, with a swimming pool, gymnasium, squash court, tennis court and landscaped garden. Parking is divided into that of residents and visitors to ensure enough parking spaces while security is 24 hours with a guarded entrance. Being close to the Universiti Sains Malaysia (USM) campus, University Heights enjoys easy access to a range of amenities available in the student-packed area. These include eateries, restaurants, convenience stores, mini markets, clinics, and even a Tesco Extra supermarket, which are all within walking distance from the property. About 5 minutes’ drive will take residents to several commercial hubs like Pan Palace Plaza and Krystal Point, where banks and even more conveniences can be found. Schools nearby are SMK Bukit Jambul, SRJK (C) Keng Hoe, and SMJK Phor Tay among others. Situated along Jalan Sungai Dua, University Heights enjoys easy access to Jalan Sultan Azlan Shah and the Tun Dr. Lim Chong Eu Expressway. The first Penang bridge is a mere few minutes’ drive from the property while the town of Bayan Baru is about 10 minutes away. Bayan Lepas is an additional 5 minutes’ journey from Bayan Baru. Meanwhile, Georgetown at further northward is a little over 15 minutes’ drive from University Heights. Credit by : Propsocial ( 24.12.2019 )
Property Type
Condominium/Apartment
Total Units
224
Completion Year
1997
Beds
3 - 3 bedrooms
Built up
818 sqft - 1044 sqft
Tenure
Freehold
Land Area
5
Transacted Price
RM 122,000 - RM 518,000
Asking Price (Sale)
RM 420,000 - RM 420,000
Asking Price (Rent)
RM 1,100 - RM 1,100

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 (%)
05 Jul 1228 Dec 18818 ft²52642880,0003.2
02 May 1214 Nov 17818 ft²50142761,0003
08 Nov 1322 Mar 16818 ft²50146530,0003.3
24 Sep 9330 Sep 13818 ft²489149278,0006.1

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.

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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