Taman Desa Palma

Alma, Penang

About this project

Taman Desa Palma is a relatively new residential neigbourhood located in Bukit Mertajam, Penang. It consists of various designs of terrace and semi-detached houses, as well as 3-storey detached houses. There is also a 5-storey freehold walk up flat, Pangsapuri Desa Palma, at one end of the neighbourhood. Residents and visitors can reach Taman Desa Palma via several roads, including Lorong Damai 1 and Jalan Alma. The latter is a main road in the area, leading to the Alma Business Centre and Rozhan Business Centre, where one can find many different facilities and amenities like convenience stores, supermarkets, food courts, eateries, dentists, clinics, pharmacies, auto parts shops, banks and even two schools – SJK (C) Sin Ya and SJK (T) Ladang Alma. In short, Taman Desa Palma can be said to have a very convenient location. Slightly over 1km away, there are two secondary schools, SM Sains Tun Syed Sheh Shahabudin and SMK Jalan Damai. However, the neighbourhood is not suitable for those relying on buses to get around as there are none in the vicinity. Within a radius of 10 minutes from Taman Desa Palma, there are also a few other commercial areas, such as the Maju Utama Business Centre and the Seri Impian Business Centre. The latter is also where you can find AEON Mall Bukit Mertajam, a sizable mall with brands like Daiso, Popular Bookstore and Uniqlo, in addition to a cinema (TGV Cinemas). If residents are willing to drive a little further – about 4km – they will reach the town centre of Bukit Mertajam. Here, there are more amenities like banks, houses of worship, a police station, post office, hotels, schools like Jit Sin Independent High School, SMK Bukit Mertajam, SK Kampung Baru, SJK (C) Kim Sen, SK Convent Bukit Mertajam, SMK Convent (M) Bukit Mertajam and SK Stowell, as well as Hospital Bukit Mertajam along Jalan Kulim. Credit : Propsocial 7.1.2020
Property Type
Terraced House
Built up
388 sqft - 7772 sqft
Transacted Price
RM 146,000 - RM 1,376,700

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 3 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
31 Oct 1828 Nov 183,057 ft²24130290,000447.5
26 Mar 1206 May 161,399 ft²314200160,00011.6
31 Mar 1425 Aug 141,399 ft²236120162,500438.6

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.

Unprofitable Transactions (Limited to 5 Total of 3 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
25 Aug 1430 Dec 141,399 ft²236236--
28 Feb 0629 Oct 132,250 ft²6565--
28 Feb 0629 Oct 132,250 ft²6565--

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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