Idaman Lavender

  • Property Type
    Condominium/Apartment
  • Tenure
    Freehold
  • Street Name
    Jalan Dato Ismail Hashim
  • District / Planning Area
    Sungai Ara
  • Completion
    2011
About Idaman Lavender

Idaman Lavender is a freehold non-landed project situated in the neighbourhood of Sungai Ara in Pulau Pinang. It is surrounded by several developments such as Zan Pavillion, Zan Villa, Idaman Lavender 2, Pangsapuri Sri Abadi, Setia Green, Skycube Residence, Garden Ville, One Imperial, Imperial Residence, and Setia Pinnacle. There are two blocks of 12-storey buildings with a total of 352 units. The built-up space is 750 sq. ft. Amenities available at this apartment includes 24-hour security, car park, multi-purpose Hall, and playground. It also located nearby SK Seri Relau, SPICE (Subterranean Penang International Conference and Exhibition Centre), D’Piazza Mall and Bukit Jambul Country Club. This project is accessible via several major roads, namely Jalan Tun Dr Awang and Jalan Sultan Azlan Shah.

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Profitable Transactions (Limited to 5 Total of 12 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
10 Apr 1204 Jun 18753 ft²45835875,0004.1
21 Mar 1325 Sep 17753 ft²46238558,0004.1
22 Jan 1316 Dec 16753 ft²504332130,00011.3
27 Dec 1209 Nov 15753 ft²531372120,00013.2
14 Jun 1323 Sep 15753 ft²465332100,00015.9

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 7 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 (%)
09 Nov 1527 Apr 17753 ft²458531-55000-9.6
21 Sep 1225 Oct 12753 ft²332332--

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.

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