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QuayWest Residence in Bayan Indah, Penang, is a freehold residential property that is primed to be completed by 2020. The residence is developed by Asia Green Group and houses 2 distinct blocks that tower to a respectable 24 storeys each. The development offers 1,235 units of luxury condominium homes.
Tower A will house 669 units which are sized at 1,246 sf to about 3,222 sf while Tower B will consist of 566 units of sizes from 728 sf up to an expansive, 4,230 sf. The homes of QuayWest Residence come in a great selection, catering to busy professionals, as well as small and even multi-generational families. The 2-bedrooms units are Type A1 and Type A2, which come in 760 sf of built up space. The 3-bedrooms variants are the most diverse, with 8 layouts of various sizes between 1,220 sf to 1,419 sf. There are also 3+1-bedrooms units, namely Type B1 and Type B2, at 1,470 sf and 1,488 sf respectively.
The 4-bedroom types come in either the dual-key entrance Type C range, or the Type E duplex variants. The Type C1, Type C2 and Type C3 come with built ups of 1,723 sf to 1,866 sf, where the main unit houses 3 bedrooms (including master) with 2 bathrooms. The secondary unit has 1 bedroom and 1 bathroom, and features full living, kitchen and dining spaces, as well as a yard.
The 3 variants of the duplex Type E are much more sizeable, at between 1,982 sf to 2,013 sf. The 4 bedrooms are equally spread out across the upper and lower floors, where the master and 2 other bedrooms each have their own en-suite bathroom, while another bathrooms is for common use.
Facilities are well thought out and placed, with the jewel being the QuayWest Residence’s infinity pool, with its graceful curves cascading along the edge. Residents will also have access to a range of other facilities, which will span across the landscaped 4-acres Podium level. Other facilities include a Lazy Pool and Volcano Jacuzzi, a gymnasium, linear garden, private garden, rooftop walkway, lounge, children’s play area, and a community hall or reading room among others. 24-hour security also ensures safety, while certain units have the luxury of a private lift lobby for added privacy, where 2 elevators can bring residents straight up and into their homes.
Amenities nearby are the usual hypermarkets, shop lots, cafes, and restaurants so residents can just take a few steps out of their homes to reach a number of conveniences. Queensbay Mall and the Bayan Bay commercial hub are just a quick drive away, while educational institutions that are within range include the Sungai Nibong National School, Keong Heo Chinese Primary School, Phor Tay High School, a D’Monte Child Care and Development, as well as a D’Monte Kindergarten.
Accessibility is great and the nearest highway is the Tun Dr. Lim Chong Eu Expressway, which leads to main roads like Jalan Dr. Awang and Jalan Sultan Azlan Shah, connecting straight to the Penang International Airport. QuayWest Residence is also within reach of other key locations and even attractions like the first Penang bridge, the second Penang bridge, Snake Temple, the SPICE Arena (also known as the International Sports Arena or PISA), and the Bukit Dumbar Park. Those who opt to use public transportation will be glad to know that the Rapid Penang bus service runs along the area, while the Sungai Nibong Express Bus Terminal is also a short drive 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 (%) |
---|---|---|---|---|---|
QuayWest Residence | 2020 |
RM1,040,000
-
RM1,040,000
RM 834 psf - RM 834 psf |
NIL | NIL | NIL |
Taman Pantai Indah | Dec 2016 | NIL | NIL | NIL | NIL |
Vilaris | Jan 2016 |
RM1,088,000
-
RM1,880,000
RM 291 psf - RM 491 psf |
NIL | NIL | NIL |
Summerton Condominium | Apr 2014 |
RM680,000
-
RM1,900,000
RM 415 psf - RM 829 psf |
RM1,800 - RM1,800 | NIL | 2.47 % |
Summerton Bayan Indah | 2014 |
RM1,900,000
-
RM1,900,000
RM 806 psf - RM 806 psf |
RM1,800 - RM1,800 | NIL | 1.54 % |
Taman Jerejak Villa | 2011 | From RM1,500,000 | From RM2,500 | NIL | NIL |
The Uban Residence | 2010 |
RM890,000
-
RM1,300,000
RM 482 psf - RM 650 psf |
RM2,200 - RM2,200 | NIL | 2.14 % |
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 557 psf | - | - |
1,000 - 1,500 SQ. FT | RM 463 psf | RM 476,667 psf | - |
1,500 - 2,500 SQ. FT | RM 521 psf | - | - |
2,500 - 4,000 SQ. FT | RM 579 psf | RM 1,568,333 psf | - |
4,000 SQ. FT and above | - | RM 3,190,000 psf | - |
Note:
Down Payment (10%) | RM 70,000 |
Loan Amount ( 90 %) | RM 630,000 |
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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