Taman Kheng Tian

Taman Kheng Tian is a mid-cost apartment located in Jelutong, Penang. The development is completed by Belleview Group in the year of 2006. The development's density is rather high as there are 16 units per floor. It has two blocks, each having twenty storeys.There are only two types of units, being typical units or corner units. They are identical in every way including physical layout which has 3 bedrooms and 1 bathroom. The built-up does vary very slightly, at 700 sf for typical units and 725 sf for corner units. It is gated and guarded by 24-hour security with card access. Facilities include a barbecue area, jogging track, playground, gymnasium. There is also a community hall available for the use of its residents for events and such.There are many amenities near Taman Kheng Tian. For daily grocery shopping, the Great Mark Mini Market would be the go-to place being within walking distance. Larger shopping malls nearby include Sunshine City, 1st Avenue Mall, and Prangin Mall. From Taman Kheng Tian, the nearest hospitals are Lam Wah Ee Hospital and Tropicana Medical Centre Penang. There are many banks located along Jalan Jelutong, which also happens to be walking distance. Nearby schools include SMK Jelutong, Penang Japanese School, Han Chiang Private High School, and Chung Ling High School. Accessibility to Taman Kheng Tian is excellent as it is centrally located, with good access from two main roads being Jalan Perak and Jalan Masjid Negeri. It is located near the Tun Dr Lim Chong Eu Highway as well, allowing easy access to the Penang Bridge, Georgetown and Bayan Baru.

Property Details

Name: Taman Kheng Tian

Address: Jalan Van Praagh, Jelutong, Penang

Developer: Belleview Group

Completion Date: 2006

Type: Apartment

Tenure: Freehold

No. of Blocks: 2

No. of Storey: 20

No. of Bedrooms: 3

No. of Bathrooms: 1

Built-up: 700 - 725 sf

Maintenance Fee: RM100

Subsale Price:

Rental:

Layouts

Typical Unit

3 bedrooms + 2 bathrooms (700 sf)

Corner Unit

3 bedrooms + 2 bathrooms (725 sf)

Facilities

24-hour security

Barbecue area

Jogging track

Playground

Community hall

Gymnasium

Market Trends

Analysis

Taman Kheng Tian has seen considerable appreciation in recent years. In the year 2008 it was transacting at the price of RM155,000 whereas in 2013, RM335,000. It has appreciated largely due to its excellent location, good access to amenities and decent facilities. One downside to the property here is that the ceiling height is distinctly low even compared to other low-cost developments. As with most other properties located in a good location, the area faces bad traffic throughout the day, especially the intersection between Jalan Van Praagh and Jalan Perak.