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Sandiland Foreshore is an affordable housing project developed by Tanjung Villa Development Sdn Bhd. The idea behind this development came from the Penang State Government’s initiatives to provide more affordable residential properties to the people.
Sandiland Foreshore is situated on 4.23 acres of state-owned land along Jalan C.Y Choy, in Georgetown, Penang. The leasehold project is expected to be completed in the year 2020.
Sandiland Foreshore comprises of two types of residential units; medium cost and low medium cost. The medium cost units have built-up sizes ranging from 800 sf to 1,000 sf, while the low medium cost has a built-up size of 700 sf. Each unit will get 1 allocated parking spot.
The launching prices for the units at Sandiland Foreshore are RM72,500 for the low medium cost units, while the medium cost units will be priced at between RM200,000 to RM400,000 onwards.
Sandiland Foreshore is without a doubt a convenient place to reside. Several amenities are just mere minutes from the property. There are a number of shopping malls within the vicinity, such as the Maritime Automall, First Avenue Mall, Penang Plaza and Island Plaza.
Furthermore, when it comes to other necessities such as medical centres and schools, Sandiland Foreshore has it all. There are private hospitals, clinics and schools as well as colleges in the area such as Olympia College, SK Jelutong Barat and SRJK(C) Perempuan China.
With its convenient location and affordable units, Sandiland Forshore is surely an ideal place to stay for those working in the city.
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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 (%) |
---|---|---|---|---|---|
Sandiland Foreshore | 2020 |
RM715,000
-
RM1,550,000
RM 352 psf - RM 657 psf |
RM1,800 - RM1,800 | NIL | 2.23 % |
The Maritime | Feb 2014 |
RM560,000
-
RM1,100,000
RM 666 psf - RM 1,157 psf |
RM1,800 - RM1,800 | NIL | 4.55 % |
Hexagon Tech Park | 2013 | From RM288,400 | From RM1,540 | NIL | NIL |
Summer Place | 2011 |
RM615,000
-
RM1,150,000
RM 607 psf - RM 838 psf |
RM1,400 - RM1,400 | NIL | 2.99 % |
Birch The Regency | 2009 |
RM445,000
-
RM750,000
RM 468 psf - RM 736 psf |
RM1,400 - RM1,400 | NIL | 4.04 % |
Sri Saujana Apartment | 2009 |
RM110,000
-
RM260,000
RM 169 psf - RM 417 psf |
RM800 - RM800 | NIL | 7.14 % |
Desa Pinang 2 | 2009 |
RM250,000
-
RM265,000
RM 384 psf - RM 431 psf |
RM700 - RM700 | NIL | 3.29 % |
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 | - | - | RM 494 psf |
500 - 1,000 SQ. FT | RM 537 psf | - | RM 645 psf |
1,000 - 1,500 SQ. FT | RM 618 psf | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 7,250 |
Loan Amount ( 90 %) | RM 65,250 |
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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