Wellesley Residences is an upmarket residential development located within Harbour Place which is situated within the neighbourhood of Butterworth. Harbour Place is an impressive 30-acre master-planned development that is located in the heart of Butterworth. It now houses 3 luxury condominiums and a hypermarket.
Future development plans include commercial parcels, office towers, a hotel, service suites, an education institution and a shopping cum lifestyle arcade. All these are in the works as this township metamorphs into the first Metrocity in the region.
Currently, most of the units within Wellesley residents are very reasonably priced and is considered as affordable for most families.
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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 (%) |
|---|---|---|---|---|---|
| Wellesley Residences | July 2014 |
RM315,000
-
RM660,000
RM 337 psf - RM 552 psf |
RM900 - RM900 | NIL | 3.57 % |
| Ocean View Residences | June 2012 |
RM330,000
-
RM450,000
RM 351 psf - RM 447 psf |
RM950 - RM950 | NIL | 3.96 % |
| Taman Limbungan Indah | 2010 |
RM655,000
-
RM655,000
RM 315 psf - RM 315 psf |
RM1,200 - RM1,200 | NIL | 2.2 % |
| Sea View Tower | 2008 |
RM280,000
-
RM700,000
RM 273 psf - RM 701 psf |
RM450 - RM450 | NIL | 2.02 % |
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 388 psf | - | - |
| 1,000 - 1,500 SQ. FT | RM 361 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 425 psf | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 20,000 |
| Loan Amount ( 90 %) | RM 180,000 |
| 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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