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Imperial Residences is located at Lilitan Sungai Ara which is connected with Jalan Dato Ismail Hashim in Penang. Built in between Ara Greens Apartment and One Imperial Condominium, this freehold condominium development comprises three high-rise blocks. There are 816 units with built-up areas ranging from 1,100 to 1,200 sf.
Imperial Residences' units are inspired by bungalow and semi-detached home layouts. Besides space and comfort, the place is further enhanced by the building’s orientation, it resides along the north-east and south-west bearings, pleasantly sheltered from direct sunlight.
As for the facilities, the condominium features a swimming pool, wading pool, jacuzzi, island cabana, sun deck, pool deck, gymnasium, yoga room, rooftop outdoor fitness corner, multi-purpose court, children’s playground, among others, within its compound. For safety measure, the buildings are equipped with 24-hour security surveillance, security card access system, and covered parking bays for convenience.
Strategically located, Imperial Residences enjoys the adjacency to the conveniences of everyday life. For families with growing children, Sekolah Kebangsaan Seri Relau is only within walking distance. The property is also near Sungai Ara Primary School, Chong Cheng Chinese Primary School, and INTI International University.
Should medical attention is required, there are few clinics available nearby, while Pantai Hospital Penang is within 3km radius. Apart from that, Penang International Sports Arena, D'Piazza Mall, Mayang Mall, and Giant Hypermarket are a short drive away. Other amenities in the area include shop lots, banks, restaurants and more.
Due to its great location, driving to Bayan Lepas International Airport from here wouldn't take that long of a journey. The second Penang Bridge is also nearby if residents wish to travel out of the island.
To sum up, with excellent connectivity and accessibility, together with resort-like facilities, Imperial Residences would be an ideal family home as well as investment.
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
---|---|---|---|---|---|
Imperial Residences | 0 |
RM422,000
-
RM800,000
RM 380 psf - RM 666 psf |
RM1,100 - RM1,100 | NIL | 609.92 % |
Sierra East | July 2017 |
RM500,000
-
RM980,000
RM 390 psf - RM 593 psf |
RM1,000 - RM1,000 | NIL | 3.24 % |
Skycube Residence | 2017 |
RM550,000
-
RM2,000,000
RM 370 psf - RM 724 psf |
RM1,000 - RM1,000 | NIL | 1.69 % |
Setia Greens | Dec 2016 |
RM470,000
-
RM1,500,000
RM 423 psf - RM 626 psf |
RM2,000 - RM2,000 | NIL | 3.35 % |
Olive Tree Residences | Dec 2015 |
RM730,000
-
RM1,200,000
RM 426 psf - RM 645 psf |
RM2,200 - RM2,200 | NIL | 3.09 % |
Jambul Heights | Oct 2015 |
RM500,000
-
RM988,000
RM 349 psf - RM 495 psf |
RM2,800 - RM2,800 | NIL | 4.52 % |
Sierra Residences | 2015 |
RM410,000
-
RM580,000
RM 395 psf - RM 577 psf |
RM950 - RM950 | NIL | 3.33 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
Non-Landed | Landed | Commercial | |
---|---|---|---|
0 - 500 SQ. FT | - | - | - |
500 - 1,000 SQ. FT | RM 499 psf | RM 485,000 psf | RM 410 psf |
1,000 - 1,500 SQ. FT | RM 460 psf | RM 565,000 psf | RM 714 psf |
1,500 - 2,500 SQ. FT | RM 463 psf | - | - |
2,500 - 4,000 SQ. FT | RM 351 psf | - | - |
4,000 SQ. FT and above | - | RM 1,141,000 psf | - |
Note:
Down Payment (10%) | RM 58,900 |
Loan Amount ( 90 %) | RM 530,100 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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