Min
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2,000 2,000,000
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2 5

Jalan Burma

Jalan Burma, 10350 Georgetown, Penang
Terrace Shop Office
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Details:

Chinese ad 4621 326x150 01

Property Details

From RM850,000
From RM2,500
Built Up
From 1,000 SQ. FT
Land Title
Mixed
Tenure
Freehold
Total Blocks
NIL
Total Storeys
NIL
Total Units
NIL
Parking
Min. 1

Description

Jalan Burma is a rather long stretch of road located in Georgetown, Penang. It runs parallel to Jalan Kelawai and Jalan Sultan Ahmad Shah as well as Gurney Drive on the northeastern part of the island. Jalan Burma begins close to the intersection of Jalan Penang and Jalan Dr. Lim Chwee Leong and ends at the meeting point of Jalan Gottlieb, Jalan Bagan Jermal and Jalan Mount Erskine.

Properties along Jalan Burma are varied and aplenty, with most being commercial shop lots. There are several blocks of pre-war double-storey shophouses which are now entirely used for commercial purposes. Residential neighbourhoods along the road consist of double-storey terrace homes built some time in the 20th century. There are also commercial double-storey lots which appear to have been built around the same time.

Jalan Burma is a heavily travelled road. Given the traffic that passes through it and a part of it, (the part closer to Jalan Penang) is close to the UNESCO World Heritage Site Buffer Zone, there are innumerable hotels, cafes, restaurants, hawker centres which have mushroomed along the busy road.

Hence, other amenities are also aplenty along this popular stretch of road, such as a bank, clinics, a bakery, and several schools like the Convent Pulau Tikus, Union Primary School and Kolej PTPTL. Shopping malls like the Midlands One Stop and Penang Plaza are also located along Jalan Burma.

Given its location, properties along Jalan Burma are on the market at beginning prices of around RM850,000 while rental is also on the higher end at a minimum of RM2,500 per month. Commercial lots would be a better investment given the demand for these lots, as demonstrated by the mostly occupied shop lots along the road.

24-hour
Security
Yes
Pet Friendly
No
Eco Friendly (None)
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Nearby Amenities:

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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 (%)
Jalan Burma 0 RM1,190,000 - RM2,400,000
RM 595 psf - RM 1,888 psf
RM2,000 - RM2,000 NIL 7.35 %
Mansion One 2015 RM600,000 - RM1,300,000
RM 604 psf - RM 1,385 psf
RM1,500 - RM1,500 NIL 3.65 %
Scott Residence 2015 RM1,450,000 - RM2,850,000
RM 692 psf - RM 1,400 psf
RM2,000 - RM2,000 NIL 1.59 %
The Manor Dec 2013 From RM5,050,000 RM6,000 - RM6,000 NIL NIL
8 Gurney 2013 RM3,700,000 - RM6,380,000
RM 464 psf - RM 686 psf
RM8,500 - RM8,500 NIL 2.44 %
Residence 21 2012 RM2,950,000 - RM3,350,000
RM 536 psf - RM 558 psf
RM7,500 - RM7,500 NIL 2.64 %
H Residence 2009 RM1,800,000 - RM2,800,000
RM 360 psf - RM 560 psf
RM7,000 - RM7,000 NIL 3.0 %

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 689 psf - RM 585 psf
1,000 - 1,500 SQ. FT - - -
1,500 - 2,500 SQ. FT RM 825 psf RM 2,000,000 psf -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - - RM 6,150,000 psf
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 643 psf
Non Landed Properties
RM 0 psf
Landed Properties
RM 537 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 85,000
Loan Amount ( 90 %) RM 765,000
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 (1,000 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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