98 Residence is a residential neighbourhood under development by the Tawakar Group located in Bukit Minyak, mainland Penang. There are 97 double-storey units at 98 Residence that have three types of designs, which are Verona, Imperial and Arezzo.
The first type of bungalow, Verona, has a built-up area of 4,128 sf with land areas between 4,844 sf to 12,260 sf. Verona bungalows have 4+1 bedrooms and 6 bathrooms with a car porch able to provide 4 parking bays. Imperial bungalows are another type that has 5+1 bedrooms and 7 bathrooms with 4 parking bays as well. Land area of the homes range between 4,844 sf to 12,260 sf and have a built-up area of 4,581 sf.
The Arezzo bungalows on the other hand have 5+1 bedrooms, 6 bathrooms and 3 parking bays with land areas between 4,844 sf to 12,260 sf and a built-up area of 4,271 sf. All bungalows at 98 Residence have a dry and wet kitchen concept.
These spacious bungalows share a children’s playground, exclusive community hall, linear park with a 400 metres jogging track and landscaped gardens with trees surrounding the homes. To top it off, 98 Residence is a gated and guarded community with CCTV perimeter surveillance.
Nearby amenities include an AEON Big Hypermarket and Jusco, Tesco Alma, eateries and the Juru Autocity. Depending on traffic conditions, it is a five-minute drive to the Penang bridge and ten-minute drive to the second link. Although 98 Residence is built next to the Juru Toll of the North-South Express (NSE) highway, it is a ten-minute drive to reach the southbound toll.
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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 (%) |
|---|---|---|---|---|---|
| 98 Residence | 0 |
RM1,530,920
-
RM1,791,760
RM 349 psf - RM 391 psf |
NIL | NIL | NIL |
| Carnation Villa | Sept 2015 |
RM575,000
-
RM882,000
RM 225 psf - RM 360 psf |
NIL | NIL | NIL |
| Taman Bukit Minyak Indah | 2006 |
RM480,000
-
RM700,000
RM 250 psf - RM 369 psf |
From RM700 | 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 | - | - | - |
Note:
| Down Payment (10%) | RM 150,376 |
| Loan Amount ( 90 %) | RM 1,353,384 |
| 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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