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Jalan Mandalay is a minor road located in Georgetown, Penang. Jalan Burma is situated on one end of the road while Jalan Padang Victoria is on the other. Double-storey terraces built many decades ago during the times of colonial rule line the road. Though a handful have been repurposed for commercial use, many still remain as residences which are generally quite well-kept.
The freehold homes along Jalan Mandalay are large, with built-up sizes of at least 3,000 sf with rather narrow but long porches able to fit a car or two. Given their size and location within the city, the units can be bought from beginning prices of RM2,200,000.
Located just off Jalan Burma, amenities like restaurants, eateries, cafes, convenience stores, banks and more are within easy reach of Jalan Mandalay. Schools nearby are also aplenty, with SRJK (C) Union just along Jalan Mandalay itself while SMK Westlands is just off Jalan Padang Victoria.
KDU Penang University College and Wawasan Open University are some of the educational institutions in the vicinities of Jalan Mandalay while hospitals like the Gleneagles Penang Medical Centre, Public Specialist Centre and also Island Hospital are close by.
Jalan Mandalay is a part of the extensive network of roads and lanes which web across Georgetown, lending ease of access to other parts of the city. Other than that, several major roads nearby include Jalan Perak, Jalan Kelawai, Gurney Drive, Jalan Sultan Ahmad Shah, and Jalan Macalister among others. The Tun Dr. Lim Chong Eu Expressway and Jalan Sultan Azlan Shah which lead to other parts of the island and both Penang bridges can also be accessed from Jalan Mandalay.
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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 (%) |
---|---|---|---|---|---|
Jalan Mandalay | 0 |
RM1,550,000
-
RM1,550,000
RM 704 psf - RM 704 psf |
NIL | NIL | NIL |
Mansion One | 2015 |
RM600,000
-
RM1,300,000
RM 604 psf - RM 1,385 psf |
RM1,500 - RM1,500 | NIL | 3.65 % |
Scott Residence | 2015 |
RM1,450,000
-
RM2,850,000
RM 692 psf - RM 1,400 psf |
RM2,000 - RM2,000 | NIL | 1.59 % |
The Manor | Dec 2013 | From RM5,050,000 | RM6,000 - RM6,000 | NIL | NIL |
8 Gurney | 2013 |
RM3,700,000
-
RM6,380,000
RM 464 psf - RM 686 psf |
RM8,500 - RM8,500 | NIL | 2.44 % |
Residence 21 | 2012 |
RM2,950,000
-
RM3,350,000
RM 536 psf - RM 558 psf |
RM7,500 - RM7,500 | NIL | 2.64 % |
H Residence | 2009 |
RM1,800,000
-
RM2,800,000
RM 360 psf - RM 560 psf |
RM7,000 - RM7,000 | NIL | 3.0 % |
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 689 psf | - | RM 585 psf |
1,000 - 1,500 SQ. FT | - | - | - |
1,500 - 2,500 SQ. FT | RM 825 psf | RM 2,000,000 psf | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | RM 6,150,000 psf |
Note:
Down Payment (10%) | RM 220,000 |
Loan Amount ( 90 %) | RM 1,980,000 |
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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