Friday, 14 February 2014

Million dollar house at Sunway Cassia Penang landed property at Batu Maung, worth a shot?

Batu Maung is an area that is very close to the Penang Second Bridge.
But is it worth to spend RM1.18million + to purchase a new 3-stories Terrance link house?

Some technical info:
Address: Bayan Lepas, Penang
Property Type: 3-sty Terrace/Link House
Land Title: Residential
Tenure: Freehold
Land Area: 20'x65' / 20'x75'
Total Units/Lots: 96
Bumi Discounts: 5%
Bedrooms: 5
Bathrooms: 5
Completion Date: June 2015 (expected)


Currently they are launching the Boronia 3-storey Terrace Home:
Brochure is showing here:
sunway layout

















Here are some progress:
This is the show house. It is open now, can go and see the actual unit.
Sunway
Sunway

Sunway

Sunway

Sunway










From my observation when I drove around the neighborhood, I can see there are not many owner has moved in. 3-4 houses put up signs asking for Sales/Rent.

What I didn't really like is the drive in. I passed by lots of low cost flats on the way in.
Flat

Flat











Location on Google map:


Location seems to be pretty nearby to Penang Second bridge and one end of the Penang Free Trade Zone. Down side, it is RM1.18million plus in Batu Maung and every time you go out or coming home, you'll be passing by lots of low-cost flat.

Something to think about. Happy Investing.

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