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Pearl Residence is a gated and guarded community in southern Seberang Perai, Penang. Developed by Tambun Indah, Pearl Residence is part of a master plan called the Pearl City township. Pearl Residence at Pearl City, Penang, should not be mistaken for Pearl Residences at Kajang, which is in Selangor.
Pearl Residence was completed in June 2015, offering 473 units of terrace and semi-detached homes. Pearl Residence homes are built with 12 ft high ceilings on the ground floor and spacious bedrooms. Launch prices for terrace homes were RM308,000 for 1,760 sf, which includes 4+1 bedroom and 3 bathrooms.
The semi-detached units at Pearl Residence on the other hand, are priced between RM588,000 to RM738,000 with built-up areas ranging from 2,439 to 2,906 sf. Each unit has a 4+1 bedrooms and 3 bathrooms layout and a porch area large enough for 3 vehicles.
The gated and guarded neighbourhood also offers 24-hour security services as well as CCTV surveillance. Developed with the Eco-Sanctuary concept in mind, residents will enjoy rich green lawns, landscaped children’s playground, a community hall and a gymnasium.
Pearl City Mall and the GEMS International School are at the centre of the township with room for much more development. The mall offers the convenience of having amenities like restaurants, a supermarket, convenience stores, personal care shops and more at the doorstep of Pearl Residence. World-class education is also conveniently within reach, while several other schools namely SJK (C) Boon Beng and SMK Bandar Tasek Mutiara also nearby.
Pearl City is accessible from the the North-South Expressway (NSE) at the Bukit Tambun Toll, about a 10 to 15 minutes’ drive from the Pearl Residence. The township is also a 20-minute drive to the second Penang bridge.
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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 (%) |
---|---|---|---|---|---|
Pearl Residence | June 2015 |
RM420,000
-
RM780,000
RM 169 psf - RM 390 psf |
RM1,000 - RM1,000 | NIL | 2.2 % |
Pearl Indah | 2014 |
RM415,000
-
RM2,400,000
RM 29 psf - RM 348 psf |
From RM1,000 | NIL | NIL |
Pearl Villas | 2010 |
RM780,000
-
RM1,600,000
RM 361 psf - RM 463 psf |
From RM800 | NIL | NIL |
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 | - | - | - |
1,000 - 1,500 SQ. FT | - | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 30,800 |
Loan Amount ( 90 %) | RM 277,200 |
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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