Sale Price *

Average

RM 413 psf

Range

RM 382 - 429 psf

Rental Price **

Average

N/A

Range

N/A

Rental Yield **

3.78%

Rental income expressed as a percentage of the property's value.

Sale Price *

Average

RM 413 psf

Range

RM 382 - 429 psf

Rental Price **

N/A

Range

N/A

Rental Yield **

3.78%

Rental income expressed as a percentage of the property's value.

Regency Heights, Sungai Ara Insights

Developer	:Palmex Industries Sdn Bhd
Architect	:
Main Contractor	:
Land Size (sqm)	:
GFA (sqm)	:
Plot Ratio (Incl. Bonus)	:
Project Name	:Regency Heights
Street Name	:Changkat Kenari, 11900, Penang
Postal Code	:11900
Property Type	:Condominium/Apartment
Tenure	:
District/Planning Area	:Sungai Ara
Completion	:N/A
Number of Landed Units	:0 units
Number of Non Landed Units	:529 units
Sold Price Range/Average*	:RM 382 psf - RM 429 psf / RM 413 psf
Leased Rental Range/Average**	:
Implied rental yield**	:3.78%
Historical High	:RM 441 psf in Dec 2018 for a 2,605-sqft unit
Indicative Average Price from Historical High	:%
Historical Low	:RM 0 psf in Aug 2013 for a 1,292-sqft unit
Buyer Profile by Residential Status	:
Buyer Profile by Purchaser Address	:

*Based on transactions in the last 48 months.

**Based on asking rental data in the last 12 months. May not be representative.

Amenities

24-hour Security

Car Park

Tennis Court

Jacuzzi

Swimming Pool

Park and Garden

BBQ Area

About This Project

Regency Heights is a freehold non-landed project situated in the neighbourhood of Sungai Ara in Pulau Pinang. It is surrounded by several developments such as Springfield Condominium, Acres Ville, Pearl Garden, Desa Banyan Apartment, The Clover and Sunway Merica.Regency Heights was developed by Palmex Industries Sdn Bhd (subsidiary of IOI Properties Group Berhad). There are four blocks of 16-storey buildings with total of 529 units. The built-up space is ranging from 1,258 sq. ft. to 1,350 sq. ft; and 2,540 sq. ft. for penthouse unit. Amenities available at this apartment includes 24-hour security, car park, card access, clubhouse, swimming pool, Jacuzzi, gymnasium, BBQ area, park and garden, and tennis court. It also located nearby SMK Sungai Ara, SK Mutiara Perdana, SPICE (Subterranean Penang International Conference and Exhibition Centre), DPiazza Mall, Giant Hypermarket and Bayan Lepas International Airport.This project is accessible via several major roads, namely Jalan Tun Dr Awang and Jalan Sultan Azlan Shah.

Sales Transaction of Regency Heights

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Price Comparison with Nearby Properties (UP to 50)

Note: Excludes properties with no transactions in the past 4 years. *Prices and rentals are based on data in the past 4 years.

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Price Comparison with Nearby Properties

(Properties Within 1km)

Note: Excludes properties with no transactions in the past 4 years. *Prices and rentals are based on data in the past 4 years.

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