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For Sale

Quay West Residence , Queensbay

Bayan Lepas, Penang

RM 450,000

Listing Type

Sale

Property ID

20220817214657

Listed By

REN: E(1)1589/5
Agency: Gather Properties Sdn.Bhd (E(1)1536)
Phone: 0174111899
WhatsApp

Specifications

Built Up Area

750

Furnishing

Unfurnished

Bedrooms

2

Bathrooms

2

Car Park

1

New Launch Units

-

Auction Date

17-08-2022 21-22

Auction Number

-

Tenure

Freehold

Bumiputera Lot

No

Title Type

Individual

Description

Affordable unit in Bayan Lepas for SALE // RENT TO OWN -- Quay West Residence

- B/U: 750 sqft
- 2R2B 1CP
- bare unit
- quick access to 1st and 2nd Penang Link, the Penang Worldwide Airport terminal
- 8 mins walk to Queensbay Mall , 2 mins drive to Penang Bridge, 3 mins drive to Lotus,10 mins drive to Spice Arena

Benefit of Rent-To-Own
- Lock in low price now
- Apply loan a year later
- 1st year on rental, hence save paying maintenance fee and mbpp assessment.

How it works for Rent-To-Own:
- Tenant signed 2 sets of agreements.
- Tenancy agreement 1 year period.
- SPA to secure the unit signed in advance.
- Pay some downpayment.
- Buyer apply bank loan and transact as usual once the vendor's 5 years holding period with Perumahan is expired.

PM me if you have buyer wanted a 2 bedrooms unit in Quay West but still in the midst of planning for financial part.

Selling price at RM 450k

CONTACT NOW for viewing appointment

Listing ref # RP18321

Sharon Wong
017-4111899
REN24402
Property Hunter @ Hectarworld
"Hunt with Integrity"

Other professional services available with us
- real estate buy/sell for commercial / residential / land / industrial
- design and renovation services
- banking services
- legal solicitor services

Loan & Insurance Calculator

Estimates only

Rates: Bank Negara Malaysia (indicative effective lending rate), refreshed daily. Tap a bank to apply its rate.

10%

Monthly Instalment

-

Loan Amount

-

Total Interest

-

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.

Nearby Places

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