Desa Palma is a freehold residential development located in Pulau Tikus, Penang. The development is a very low density residential that only houses 25 units, with 5 units per floor. Even though it is a low-rise rise building, lifts are provided for the residents. There are a total of five storeys housed within a single block. There are only two layouts, having either 3 bedrooms and 2 bathrooms, or 4 bedrooms and 3 bathrooms. Built-ups start from 1,044 sf. Sub-sale prices currently stand at roughly RM800,000, whereas rental rates are going at about RM1,700 to RM2,000. Units in Desa Palma typically only come with 1 car park space per unit. Another point to note is that despite being a low-rise condominium, the building actually comes with a lift to convenience its tenants. Facilities only include a 24-hour security and covered parking.Amenities are easily within reach from Desa Palma. Jalan Burma which is just walking distance from the building houses numerous classy eateries and banks. Nearby malls include Gurney Plaza, Penang Plaza and Prangin Mall. The nearest hospital is the Island Hospital. Schools nearby are PTPL College, SMK St George, SMK Convent Pulau Tikus, and KDU Penang. Desa Palma is easily accessible via Codrington Highway, Jalan Macalister and Jalan Burma. It is also accessible via public transport as it is walking distance to several bus stops. The location is rather close to Georgetown proper and Tanjung Bungah the tourist site.
Property Details
Name: Desa Palma Address: Lebuhraya Codrington, 10050 Pulau Tikus, Penang Completion Date: 1996 Type: Condominium Tenure: Freehold No. of Blocks: 1 No. of Storey: 5 No. of Units: 25 No. of Bedrooms: 3 - 4 No. of Bathrooms: 2 - 3 Built-up: 1,044 - 1,400 sf Subsale Price: Rental: Layouts
Type A 3 bedrooms + 2 bathrooms Type B 4 bedrooms + 3 bathrooms Facilities
24-hour security Covered parkingAnalysis
Desa Palma is situated at a prime location. Amenities are easily accessible; and though the facilities are spartan, it also comes with corresponding low maintenance costs as there are little frills to owning a unit. Buyers and renters should also be certain about the square-footage advertised, as there are unscrupulous owners whom attempt to bump up their rental or selling price by being misleading about the actually built-up size. The sub-sale price is roughly RM650 to RM700 psf, which is considered to be normal for the area, as of late.
