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2,000 2,000,000
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Ramah Pavilion

Jalan Teluk Kumbar, Teluk Kumbar, 11920 Bayan Lepas, Penang
Condominium
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Details:

Developer

Developer of Ramah Pavilion, M Summit Group Sdn. Bhd.
M Summit Group Sdn. Bhd.
View developer's profile
Chinese ad 4621 326x150 01

Facilities

Relaxation garden
Adult pool
Jacuzzi pool
Kids splash pool
Children water slide
Sun deck
Outdoor chalkboard wall
Children playground
Sand pit
Walking track
Sky gym
Barbecue area
Function hall
Washroom
Storage rack
Fitness room
Library
Meeting room
Study room
Aerobic room
Games room

Property Details

2018
(Year of Completion)
This project was completed 6 years ago
RM198,000 - RM398,000
Built Up
800 SQ. FT - 1,350 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
2
Total Storeys
38
Total Units
759
Parking
Min. 1

Description

Ramah Pavilion at Teluk Kumbar, Penang is an affordable housing development consisting of 759 units all spread out within 2 towers, respectively towering at 36 and 38 storeys, which is considered high density. The freehold condominium is developed by M Summit Group and is expected to be completed by 2018.

Units are spread out into 6 choices, with Type A units sized at 1,355 sf, Type B units at 1,250 sf, Type C at 1,155 sf, and Type D at 1,050 sf. Type E and Type F are slightly smaller at 950 sf and 800 sf respectively. All units have 3 bedrooms and 2 bathrooms with 1 allocated parking slot.

Facilities are a little more that the usual standard in this residence, despite its affordable housing category. There will be a swimming pool, kids’ splash pool, bbq area, jacuzzi, sky gym, water slides, relaxation garden, sun deck, children’s playground, library, aerobic room, games room, study room, and more. There will also be 24 hour security with an access card system and also CCTV monitoring.

Amenities surrounding the property are reasonable, with Jalan Teluk Kumbar being the main road to take where minutes from Ramah Pavilion are amenities like the usual banks, clinics, cafes, restaurants, and so on. There are also a few schools in the area, such as SK Seri Bayu, SRK Telok Kumbar, SMK Telok Kumbar II, SK Sungai Batu, and SMK Telok Kumbar.

Accessibility will be somewhat a strength of the property depending on where you are coming from and where you are going. Those needing to go to Georgetown for work will be hard pressed do so on a daily basis as Jalan Sultan Azlan Shah and the Tun Dr. Lim Chong Eu Expressway leading to and from the city centre are alway congested during peak hours. However, the Penang International Airport is just 10 minutes away and the same can be said about the Bayan Lepas Free Trade Zone. This property might just be the right home for those seeking seclusion and a more private lifestyle, yet still remain connected to necessities and the city.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
Teluk Kumbar
Go To Neighbourhood
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Floor Plans:

Bedrooms 4
Bathrooms 2
Category Apartment
Built Up 1350 SQ. FT

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Nearby Amenities:

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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 (%)
Ramah Pavilion 2018 RM160,000 - RM540,000
RM 243 psf - RM 460 psf
RM900 - RM900 NIL 4.42 %
TK Residence June 2012 RM800,000 - RM918,000
RM 421 psf - RM 510 psf
From RM900 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 - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 0 psf
Non Landed Properties
RM 387 psf
Landed Properties
RM 0 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

Down Payment (10%) RM 19,800
Loan Amount ( 90 %) RM 178,200
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (800 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

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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