Desa Mas Melur

Lebuh Relau 1, Georgetown

About this project

Desa Mas Melur is a freehold condominium situated in the enclave of Relau in Penang. Neighbouring developments include Marina Tower and Taman Bendera. This project was completed in the year 1999.

Desa Mas Melur consists of one 10-storey tower and one 21-storey tower with a total of 224 units. Built-up size is standard at 700 sq. ft., comprising three bedrooms and two bathrooms. 

Facilities available at Desa Mas Melur are swimming pool, car park and 24-hour security. Schools and college in the vicinity are SK Seri Relau, SK Sungai Ara and INTI College. Other amenities in the area include Hope Children’s Hospital, Klinik Pakar Wanita, Shell and Petronas.
Desa Mas Melur can easily be accessed via Jalan Paya Terubong.
Property Type
Condominium/Apartment
Total Units
224
Tenure
Freehold

Facilities & Amenities

  • done
    24-hour Security
  • done
    Car Park
  • done
    Swimming Pool

Location

View map

Past Transactions

Transaction DateAddressBuilding TypeFloorsLot SizePrice PsfPrice

Historical Monthly Price Range & Volume

Profitability

Profitable Transactions (Limited to 5 Total of 3 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
07 Oct 1525 Jul 16506 ft²26716054,00089.4
12 Jul 1216 Jun 14700 ft²462219170,00047.3
29 Aug 1327 Dec 13506 ft²17810437,400412.3

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.

Unprofitable Transactions (Limited to 5 Total of 2 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
09 Dec 1419 Jul 19710 ft²422493-50000-3.3
08 Nov 1128 Jun 12710 ft²225239-10000-9.1

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 ±

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