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The Clovers is a freehold condominium residence that is placed in the heart of Sungai Ara, Penang. Developed by the upcoming Asia Green Group, the project is a part of a collective effort to provide affordable housing to the public. Upon completion in 2017, the development will comprise of 3 towering 42-storey blocks with the capacity to house 892 units.
Units at The Clovers come in a wide variety of standard units and duplex penthouses. Sizes begin from a humble 728 sf to a generous 2,907 sf. In all, there are 5 varieties of penthouse units with between 3 to 5 bedrooms. Penthouse units come at sizes of 1,633 sf, followed by 1,875 sf. Larger units sized above 2,000 sf include 4+1 bedroom units with 2,729 sf and 2,785 sf of space. The largest type is at 2,907 sf. Standard units provide an even more surprising selection of 6 layouts and sizes, beginning at 728 sf, which have 2 bedrooms, followed by units sized at 776 sf, 900 sf, and 1,012 sf, as well as 1,394 sf. The largest is at 1,598 sf with 3 bedrooms.
Despite being categorised under affordable housing, The Clovers is equipped with a myriad of facilities like an outdoor jacuzzi, a leisure pool, infinity pool, half a basketball court, BBQ area, playground, and outdoor gym. One of the more unique feature is the forest track, which is actually a 14,000 sf Jungle Trek around the property. The rooftop garden is also the largest in the area and overlooks 3 different infinity pools. Security is enforced 24 hours, and an access card system with a single entry-point is also used at the entrance of the building. The parking area is covered and residents will be allotted parking spaces.
Amenities are just nearby, with conveniences such as a Giant hypermarket, a Tesco hypermarket, Sunshine Square, Bayan City, Bukit Jambul Complex, and also Queensbay Mall. Accessibility-wise, it is located only 15 minutes away from Georgetown, 5 minutes from the Penang International Airport, and 30 minutes from the first Penang bridge. The property itself is reachable through Jalan Tun Dr. Awang and also Jalan Sultan Azlan Shah, of which leads directly to the airport. Within walking distance are also several public transportation facilities like 5 different bus stops along Jalan Dato Ismail Hashim nearby.
The Clovers is very well placed and is more of a sanctuary enclave within the city. Traffic is not as congested as it usually is for such a location while amenities are also well within reach. The condo is an ideal investment and even more so a good property for convenient living.
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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 (%) |
---|---|---|---|---|---|
The Clovers | 2017 |
RM410,000
-
RM1,380,000
RM 235 psf - RM 657 psf |
RM1,100 - RM1,100 | NIL | 422.91 % |
Setia Tri-Angle | 2015 |
RM430,000
-
RM1,088,888
RM 391 psf - RM 621 psf |
RM1,100 - RM1,100 | NIL | 2.81 % |
35 Pearl Villas | Oct 2014 | From RM3,287,880 | NIL | NIL | NIL |
Fiera Vista | 2014 |
RM610,000
-
RM6,100,000
RM 418 psf - RM 4,206 psf |
RM1,200 - RM1,200 | NIL | 0.61 % |
One Residence | 2014 |
RM1,850,000
-
RM1,850,000
RM 616 psf - RM 740 psf |
RM1,900 - RM1,900 | NIL | 1.26 % |
Ideal Haus | 2014 |
RM800,000
-
RM1,250,000
RM 547 psf - RM 800 psf |
From RM1,200 | NIL | NIL |
Sunway Merica | Mar 2013 |
RM1,800,000
-
RM1,800,000
RM 453 psf - RM 453 psf |
From RM2,500 | 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 | RM 488 psf | - | - |
1,500 - 2,500 SQ. FT | RM 452 psf | - | - |
2,500 - 4,000 SQ. FT | - | RM 1,500,000 psf | - |
4,000 SQ. FT and above | - | RM 3,300,000 psf | - |
Note:
Down Payment (10%) | RM 63,800 |
Loan Amount ( 90 %) | RM 574,200 |
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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