Marina Tower

Relau, Penang

About this project

Marina Tower (also known as Ratu Mutiara Marina Tower) is a freehold condominium nestled in the township of Relau in Penang. This project was completed in 1998 by developer Taman Ratu Sdn Bhd. 

Marina Tower comprises of one 5-storey low rise tower and two 23-storey high rise towers with a total of 208 units. There are three different layouts (Standard Type 1, Standard Type 2 and penthouse) available to choose from. Standard Type 1 has a built- up of 1050 sq. ft. with two bedrooms, Standard Type 2 has a built-up of 1350 sq. ft. with three bedrooms and Penthouse unit has a generous built-up of 2700 sq. ft. with five bedrooms).

Facilities available at Marina Tower include 24-hour security, swimming pool, Sauna, landscaped garden, BBQ area, gymnasium, community hall and table tennis room. Schools in the vicinity are SJKC Pai Chai, SK Tanjung Bunga, SK Pendidikan Khas Persekutuan and Dalat International School.

This project is accessible via Jalan Batu Ferringhi.
Property Type
Condominium/Apartment
Total Units
138
Tenure
Freehold

Facilities & Amenities

  • done
    24-hour Security
  • done
    Car Park
  • done
    Swimming Pool
  • done
    Fitness Centre
  • done
    Park and Garden

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 (%)
24 Jul 0205 Aug 13700 ft²372140162,0009.2
12 Apr 1208 May 13700 ft²34726753,00025.8
17 Oct 1118 Jun 12710 ft²26221831,00031.2

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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