Sneak view inside of Elite Heights, Bayan Baru, Penang

Let's take a look at the new completed Elite Height building

Today we'll explore the Elit Height's Block 1C. I have special permission to enter the unit and explore around the area. Let me give you a tour of the place.

Entrance Signboard with simple and modern design. A theme color of red and white with leave falling.

Entrance to Block 1C Elit Heights

Randomly selecting a unit to explore :)

This unit is facing West side of the Elite Height.

The view is magnificent. The view is 180 degree without obstruction. I can see all the way to the edge of Sungai Ara where the popular Regency Height is residing.

The developer provide some kind of movable Sunlight shielding for the heat during the evening time of the day.

One of the room in the unit:

Master bedroom's Bathroom:
Pre-installed by the developer.

Living room view. The living room of the place is exceptionally large. It occupies more than 70% of the total size of the unit. (Unit size around 1130sq ft)

Outside corridor view. Not bad with tiles flooring and side skirting.

Want to check out the facilities of Elite Height? See the post here.

Cheapest Property in MAPEX 2014 => Sierra East Condo @ Bukit Jambul? Or is it?

Some technical specification of Sierra East

Block A - For Registration
*256 units
*24 storey
*Choice of 3 layouts
*Built-Up:
Typical Unit: 1200sf - 1400sf
*Freehold

Developer: Chong Company Sdn Bhd

Completion to be mid of year 2017.

If you looking for loan for this property, look for Panel banks.
Panel bank for Sierra East includes: Ambank, HLA, RHB, OCBC, UOB, PBB
Approval from HSBC bank is pending.

One of the design 1304 sq ft, comes with 2 car parks will cost you roughly around RM556,000.

Maintenance fee for the each unit, the developer is looking at 20 to 25 cent per sq ft.

During the MAPEX 2014, it was giving out 5% rebate on down-payment.

Con:
Later on with Block B - total units should equal or more than 512 units. It is a very dense apartment.
Not to mention the environment around it, it is surrounded by Low Medium Cost Apartment. Lots of factory workers stay in the area.
Total around RM426 - 500 per square ft. Pretty high rate per sq ft for Relau.
Location is nearer to Relau than to Bukit Jambul.

Pro:
Large swimming pool ( Shared between Block A and B)
2 Car parks

For more than half a million, you get a of the four wall cube up in the sky. The four wall might be good, but outside it is crowded with Low and Medium Cost apartments. I might need to think twice.

Happy Hunting.

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:

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

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.

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.