Fettes Park

Jalan Fettes, Tanjung Tokong, Penang

About this project

Fettes Park is a residential neighbourhood situated in Tanjung Tokong, Penang. The neighbourhood has been around since the construction of the Guillemard Reservoir on a hill just behind the neighbourhood in 1929. The housing estate was aptly named after J.D Fettes, who was the municipal engineer of Georgetown in charge of the project. In the past, Fettes Park was generally a neighbourhood of working class residents. However, as residents began stabilising financially, the area has become increasingly gentrified over these 20 years with many of the old homes getting face-lifts. Recently in the year 2011, a high-rise condominium residence, Fettes Residences, was also developed in the area. Housing in Fettes Park include 3 types of semi-detached homes, namely Type A, which is 3,500 sf in built-up size, Type B, at 3,380 sf and Type C at 4,600 sf. The 35-storey Fettes Residence condominium on the other hand, has standard suites sized a minimum 2,000 sf and penthouse units at 4,000 sf. Surrounded by matured commercial hubs and numerous new residential developments, Fettes Park is close to various amenities like banks, convenience stores, petrol stations and eateries. Within the vicinities of Fettes Park is also TESCO Seri Tanjung Pinang and Straits Quay Marina Mall. Gurney Plaza and Gurney Paragon shopping malls in Gurney Drive are also just a short 10 minutes drive away. Fettes Park is also conveniently close to Georgetown, Tanjung Bungah, and Batu Ferringhi via several main roads in the area, including Jalan Tanjung Tokong, Jalan Mount Erskine and Jalan Seri Pinang, which connects to Jalan Burmah and Jalan Kelawai. However, these roads are frequently travelled and may therefore, be congested during peak hours, weekends and public holidays. Credit by : Propsocial ( 31.12.2019 )
Beds
2 - 5 bedrooms
Built up
1109 sqft - 5565 sqft
Tenure
Freehold
Transacted Price
RM 13,790 - RM 2,350,000
Asking Price (Sale)
RM 790,000 - RM 1,550,000
Developer name
TCE Property Sdn Bhd

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 5 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
18 Apr 1318 Nov 194,629 ft²397290500,0004.9
22 Jan 1305 Sep 194,295 ft²37336630,0000.3
19 Sep 1627 May 194,704 ft²287179510,00019.3
29 Jul 1320 Dec 171,593 ft²512377215,0007.2
20 May 1029 Jul 131,593 ft²377283150,0009.4

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.

Unprofitable Transactions (Limited to 5 Total of 1 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
14 Oct 1601 Nov 174,693 ft²341362-100000-5.6

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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