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Prai Tropika is a modernly designed residential neighbourhood of spaciously built landed homes. The residences appear to have been completed in recent years, with just 54 units of simple and contemporary terrace homes, each 2.5-storeys in height.
A standard terrace unit within Prai Tropika has a built-up size of 2,127 sf, with an impressive 5+1 bedrooms and 4 bathrooms. Evidently, given their size and layout, the homes can cater to families of any size, whether large or small. Each unit offers high ceilings and a balcony on the top floor, while the porch is considerably spacious with ample space for drying racks and the likes, even with 2 vehicles parked within.
Prai Tropika offers a children’s playground, though it is not a gated and guarded community. As such, pricing of the homes are still within an affordable range. Upon their launch, prices began from RM374,000 while subsale prices of units on the market these days start from RM444,000. Rental is also within an acceptable range, at monthly rates from RM1,500.
Though Prai Tropika does not offer much in terms of facilities, it makes up for that with its strategic location close to amenities. Just on the peripheries of the neighbourhood, within walking distance of the homes is a Giant hypermarket, and petrol station. There are also a few schools nearby, namely SK St Mark Perai, SRJK (C) Chung Hwa 3 and SK Khir Johari.
Located just off the Butterworth Outer Ring Road (BORR), other conveniences are also aplenty within reach. Commercial hubs line the road, where banks, a post office, restaurants, eateries, convenience stores, mini markets clinics and more can be found. The Megamall Penang and Mydin Mall Bukit Mertajam are also about 10 minutes’ drive away.
Accessibility wise, the BORR leads north to the town of Butterworth approximately 20 minutes away, while connecting to Jalan Baru southwards. With that, the North-South Expressway (NSE) is also accessible from Prai Tropika, where the first Penang bridge is just under 10 minutes away.
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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 (%) |
---|---|---|---|---|---|
Prai Tropika | 0 | From RM444,000 | From RM1,500 | NIL | NIL |
Ocean View Residences | June 2012 |
RM330,000
-
RM450,000
RM 351 psf - RM 447 psf |
RM950 - RM950 | NIL | 3.96 % |
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 375 psf | - | - |
1,000 - 1,500 SQ. FT | RM 309 psf | - | RM 372 psf |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | RM 980,000 psf | - |
4,000 SQ. FT and above | - | RM 1,120,000 psf | - |
Note:
Down Payment (10%) | RM 37,400 |
Loan Amount ( 90 %) | RM 336,600 |
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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