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For Sale
Commercial Property At Karpal Singh Drive For Sale
Jelutong, Penang
RM 4,000,000
Property Type
Listing Type
Property ID
20250826163405
Location
Listed By
WhatsAppSpecifications
Description
Commercial Property For Sale @ Karpal Singh Drive, Jelutong, Georgetown, Penang
Selling Price: RM4,000,000
Property Details:
Land Size: 2,787 sqft
Built-Up Area:
Ground Floor: 1,824 sqft
Yard: 600 sqfT
Verandah: 350 sqft
1st Floor: 1,334 sqft
Balcony: 480 sqft
Total Usable Area: 4,588 sqft
Title: Leasehold (until year 2104)
Lot Status: Non-Bumi Lot
Zoning: Commercial -ROI 5%
Highlights:
Prime location at Karpal Singh Drive, Georgetown a vibrant commercial and lifestyle hub
Currently tenanted at RM15,000/month until October 2025, with rent adjustment thereafter
Suitable for investment or own use strong rental demand in this area
Long leasehold tenure (until 2104) provides security for long-term investment
Selling Price: RM4,000,000
Property Details:
Land Size: 2,787 sqft
Built-Up Area:
Ground Floor: 1,824 sqft
Yard: 600 sqfT
Verandah: 350 sqft
1st Floor: 1,334 sqft
Balcony: 480 sqft
Total Usable Area: 4,588 sqft
Title: Leasehold (until year 2104)
Lot Status: Non-Bumi Lot
Zoning: Commercial -ROI 5%
Highlights:
Prime location at Karpal Singh Drive, Georgetown a vibrant commercial and lifestyle hub
Currently tenanted at RM15,000/month until October 2025, with rent adjustment thereafter
Suitable for investment or own use strong rental demand in this area
Long leasehold tenure (until 2104) provides security for long-term investment
Loan & Insurance Calculator
Estimates onlyRates: Bank Negara Malaysia (indicative effective lending rate), refreshed daily. Tap a bank to apply its rate.
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Loan Amount
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MRTA vs MLTA Comparison
Indicative estimates - actual premiums depend on insurer, health & plan| MRTA | MLTA | |
|---|---|---|
| Estimated Premium | - | - |
| Payment | One-off (usually financed into loan) | Monthly / yearly premium |
| Coverage | Reducing - follows loan balance | Level - fixed sum assured |
| Beneficiary | Bank (settles the loan) | Family (loan settled, balance to family) |
| Cash Value | None / minimal | Yes - may have cash value |
| Transferable | Tied to this loan | Portable to next property |
All figures are estimates for reference only and do not constitute financial advice. Loan approval, interest rates and insurance premiums vary by bank, insurer, age, health condition and coverage chosen. Please consult your banker or licensed financial adviser for exact quotations.
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