For sale
RM1,180,000
Marin Vista @ Tanjung Tokong / 3+1 seaview / renovated & partly furnished
Off Jalan Tanjung Tokong, Tanjung Tokong · Tanjung Tokong & Tanjung Bungah
- 3+1 bed
- 3 bath
- 1,395 sq ft
- Freehold
KR-S1184RM846 psf
For sale · Bayan Lepas & Relau
Anggerik Residensi @ Bayan Baru / 3 bedrooms / first-home stamp duty exempt
Under RM500,000 — a Malaysian first-time buyer pays no transfer or loan stamp duty here.
A 1,000 square foot three-bedroom unit completed in 2018, in clean unfurnished condition on the sixth floor. Ten minutes to the free industrial zone and fifteen to the airport.
At RM468,000 this sits under the RM500,000 ceiling for the first-home exemption, so a Malaysian citizen buying their first residential property pays nothing on the transfer stamp duty and nothing on the loan agreement stamp duty, provided the sale and purchase agreement is executed before 31 December 2027. On this price that is a saving of about RM9,360 on the transfer alone.
Letting demand is strong: comparable units in the block let at RM1,700 to RM1,900 a month, which is a gross yield of around 4.6 per cent.
Key features
- Under the RM500,000 first-home exemption ceiling
- Completed 2018, clean condition
- 10 minutes to the free industrial zone
- Gross yield around 4.6% if let
- Freehold with strata title issued
Foreign buyers: the Penang floor for strata property on the island is RM1,000,000. At RM468,000 this property is below the threshold and cannot be sold to a foreign buyer — it is available to Malaysian citizens and permanent residents. Run your own case.
Property facts
- Price
- RM468,000
- Price psf
- RM468 psf
- Property type
- Apartment
- Tenure
- Freehold
- Title
- Strata title issued
- Built-up
- 1,000 sq ft
- Bedrooms
- 3
- Bathrooms
- 2
- Car parks
- 1
- Floor / storeys
- 6th of 20
- Facing
- East
- Completed
- 2018
- Furnishing
- Unfurnished
- Maintenance
- RM260/month (RM0.26 psf)
- Sinking fund
- RM26/month
- Quit rent
- RM260/year
- Assessment
- RM560/year
- Reference
- KR-S1189
- Status
- Available
Particulars are given in good faith as a general guide and do not form part of any offer or contract. Measurements are approximate. Intending purchasers and tenants must satisfy themselves by inspection and through their own solicitors.
Bayan Lepas & Relau
What this area is like
The free industrial zone and the airport put tens of thousands of salaried tenants within a few kilometres, and that is what holds the yield up here. It is the most reliable letting market on the island and the most sensible entry point for a first purchase: stock under RM600,000 is plentiful, which also means the first-home stamp duty exemption is genuinely reachable. Capital growth has been slower than the north coast, so buy here for income and hold..
Similar
Others you may want to see
For sale
RM880,000
Astaka Bayu @ Tanjung Bungah / 3 bedrooms / hill view / original condition
Jalan Tanjung Bungah, Tanjung Bungah · Tanjung Tokong & Tanjung Bungah
- 3 bed
- 2 bath
- 1,250 sq ft
- Freehold
KR-S1176RM704 psf
For sale
RM2,450,000
18 Lorong Kelawei, Pulau Tikus / pre-war 2-storey terrace / individual title
Lorong Kelawei, Pulau Tikus · Pulau Tikus & Gurney
- 4 bed
- 3 bath
- 2,180 sq ft
- Freehold
KR-S1152RM1124 psf
Kelawei Realty
Book a viewing on this property
We view seven days a week, including evenings. Tell us when suits and we will meet you there with the title details and the block’s accounts in hand.