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Idaman Lavender 2
Persiaran Relau Off Lintang Sungai Ara 11, 11900 Sungai Ara, Penang
Apartment
Details:
Developer
Koperasi Tunas Muda Sungai Ara Berhad
View developer's profile
Facilities
Jogging track
Children's playground
Property Details
From RM350,000
From RM849
Built Up
From 750 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
1
Total Storeys
11
Total Units
176
Parking
Min. 1
Description
Idaman Lavender 2 is an apartment residence in Sungai Ara, Penang. This is the second of 3 apartments developed by Koperasi Tunas Muda Sungai Ara Bhd in the area, with the others being Idaman Lavender and Idaman Lavender 3.
The 11-storey Idaman Lavender 2 complex houses 176 units, each around 750 sf in built-up area. Facilities available at the property are only a jogging track and children’s playground while 24-hour security is also provided with a card access system at the entrance.
Talks of this development has been abuzz, with many of those working in the Bayan Lepas area attracted by its location not too far from the Bayan Lepas industrial zone. Subsale prices of units begin from RM350,000 which is still rather affordable given the prices of other new high-rise developments around. Rental is also in the mid-range, about RM849 per month.
Amenities are not exactly within walking distance from Idaman Lavender 2, requiring a short drive to the town area where commercial hubs like Sunshine Square and other shop lots offer banks, mini markets, eateries, restaurants, clinics, convenience stores and more. Queensbay Mall is around 10 minutes away as well. The nearest school is SK Seri Relau just down Lilitan Sungai Ara. Other schools are just a few minutes’ drive away, such as SJK (C) Min Sin, the Chung Hwa Secondary School, SRK Sungai Ara, SRJK (C) Chong Cheng and more. To add, the Pantai Mutiara Hospital is about 2km away.
Idaman Lavender 2 is a short distance from Jalan Tun Dr. Awang, which leads to a roundabout eastward from the Sungai Ara town. There, Jalan Sultan Azlan Shah can be accessed, where Bayan Lepas is southwards while other towns like Jelutong, Gelugor and the city centre are on the north. From the roundabout, the Tun Dr. Lim Chong Eu Expressway is just a few minutes away via the Sungai Nibong Highway, providing an alternate route to Bayan Lepas and Georgetown while also linking to the first Penang bridge.
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Nearby Amenities:
-
Nearby Properties
Nothing found within 1km
-
Public Transportation
Nothing found within 10km
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Schools & Universities
Nothing found within 10km
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Hospitals & Clinics
Nothing found within 10km
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Shops / Malls
Nothing found within 10km
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Places of Worship
Nothing found within 10km
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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 (%) |
|---|---|---|---|---|---|
| Idaman Lavender 2 | 0 |
RM310,000
-
RM480,000
RM 413 psf - RM 640 psf |
RM850 - RM850 | NIL | 3.11 % |
| Sierra East | July 2017 |
RM470,000
-
RM790,000
RM 374 psf - RM 556 psf |
RM1,000 - RM1,000 | NIL | 2.38 % |
| Skycube Residence | 2017 |
RM580,000
-
RM1,700,000
RM 426 psf - RM 588 psf |
RM1,000 - RM1,000 | NIL | 1.68 % |
| Setia Greens | Dec 2016 |
RM1,350,000
-
RM1,500,000
RM 538 psf - RM 554 psf |
RM2,000 - RM2,000 | NIL | 1.68 % |
| Sierra Residences | 2015 |
RM410,000
-
RM580,000
RM 395 psf - RM 500 psf |
RM900 - RM900 | NIL | 3.27 % |
| Idaman Iris | 2013 |
RM380,000
-
RM480,000
RM 447 psf - RM 564 psf |
RM900 - RM900 | NIL | 3.07 % |
| Oasis Residences | Dec 2011 |
RM886,000
-
RM1,300,000
RM 243 psf - RM 403 psf |
From RM3,000 | 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 | RM 560 psf | RM 485,000 psf | RM 714 psf |
| 1,000 - 1,500 SQ. FT | RM 455 psf | RM 565,000 psf | RM 646 psf |
| 1,500 - 2,500 SQ. FT | RM 422 psf | - | - |
| 2,500 - 4,000 SQ. FT | RM 351 psf | - | - |
| 4,000 SQ. FT and above | - | RM 1,141,000 psf | - |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 398 psf
Non Landed Properties
RM 41,973 psf
Landed Properties
RM 616 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 35,000 |
| Loan Amount ( 90 %) | RM 315,000 |
| 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
(750 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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