Mawar Apartment is a freehold, walk-up apartment sited within the vicinity of Sungai Nibong in Penang. Mawar Apartment is located just next to Lavinia Apartment and neinghbouring Kampung Melayu Sungai Nibong Besar and Taman Sri Nibong. It comprises a total of 60 units spanning across 3 blocks of 4-storey buildings. A standard unit here comes with a built-up area of 850 sf and is equipped with 3 bedrooms and 2 bathrooms. Facilities like landscaped garden, playground, parking lots as well as around the clock security are some of the basic facilities that are provided for the residents of Mawar Apartment. Amenities are extremely convenient as many of them are sited just a short walk or a short drive away from Mawar Apartment. Mawar Apartment is located just a 5 minutes’ short drive away from the shop lots area that is located along Jalan Sultan Azlan Shah in which residents can easily find many restaurants, cafes, clinics, workshops, petrol kiosks, police station, banks and many more. Apart from that, the popular Queensbay Mall is also sited just a 5 minutes’ short drive away from Mawar Apartment where more amenities such as supermarket, cinemas, restaurants, cafes, ATMs, shopping brands, beauty and hair saloons and more can be found. If that is not enough, there are also multiple rows of shop lots positioned near to Queensbay Mall in which one can find even more amenities ranging from banks, tuition centres to offices and convenience store. SK Sungai Nibong, SJK(C) Kwang Hwa, D’Monte Child Care & Development and Sunshine Child Centre are some of the educational institutions that are sited within a 0.55km away from Mawar Apartment. Jalan Bukit Kecil 1 and Jalan Sultan Azlan Shah are some of the routes that can be used to access to Mawar Apartment. As for public transportation, residents can also opt to go to the taxi or bus stations that are located along Jalan Sultan Azlan Shah in which some of them are positioned within a short drive away from Mawar Apartment.
Property Details
Name: Mawar Apartment Address: Jalan Bukit Kecil 1, Kampung Sungai Nibong, 11600, Bayan Lepas, Pulau Pinang Completion Date: 1994 Type: Apartment Tenure: Freehold No. of Blocks: 3 No. of Storey: 4 No. of Units: 60 No. of Bedrooms: 3 No. of Bathrooms: 2 Built-up: 850 sf Subsale Price: Rental: Analysis
Landscaped garden Parking lots 24 hours security PlaygroundAnalysis
Many who have bought their units in Mawar Apartment are mainly for their own stay as amenities are convenient. Besides that, other appealing factors of this apartment are its lush and well-kept greeneries within the area, and the cleanliness. Though the apartment was old, the paint was quite fresh – in which we estimated that the building has been repainted only a couple of years back. In terms of investment, even though the rental yield is not that promising, there was a good increase from RM900 in year 2011 to RM1,100 in year 2012. There are also units that are able to fetch up to RM1,300. However, as Mawar Apartment is a walk-up apartment, those with mobility issues might want to opt to invest or stay at the lower floors.