Taman Sri Kumbar is a low cost apartment located in the vicinity of Teluk Kumbar, Penang. This residence consists of several blocks, which has five storeys each. Developed for lower income citizens, this residence is located just minutes away from the Malacca Straits. This is a walk-up apartment which does not have lift services.Taman Sri Kumbar comes with a single layout which has 480 sf built-up. The units in this residence are quite cramped up and each units comes with 2 bedrooms and 1 bathroom. There are also several facilities available in this residence and among them are restaurants, convenience stores, children's playground, jogging track and also car parking. Taman Sri Kumbar is also located closely to Sungai Ara Primary School, Chong Cheng Primary School, Fairview International School, Seri Relau National School, Min Sin Primary School, Bukit Jambul Country Club, Queensbay Mall, University Sains Malaysia, Giant Hypermarket Bayan Baru, D'Piazza Mall, Hospital Pantai Mutiara, Penang International Sports Arena, Hotel Equatorial, Metropolitan Public Park and Sunshine Square.In terms of accessibility, Taman Sri Kumbar is also located nearby to the Second Penang Bridge which was opened in early 2014. The First Penang Bridge is also located further away from this residence and this area is also highly accessible via Rapid Penang Buses and taxis. The Penang International Airport is also located closely, as well as highways and roads namely Tun Dr Lim Chong Eu Highway, Peel Highway, Jalan Teluk Kumbar, Jalan Bayan Lepas and Jalan Sultan Azlan Shah also connects this place to nearby towns.
Property Details
Name: Taman Sri Kumbar Address: Lengkok Kampung Masjid 2, 11920 Teluk Kumbar, Penang Type: Apartment Tenure: Freehold No. of Storey: 5 No. of Bedrooms: 2 No. of Bathrooms: 1 Built-up: 480 sf Subsale Price: From RM50,000 Rental: From RM300Layouts
Standard 2 bedrooms + 1 bathroom (480 sf)Facilities
Restaurants Convenience stores Children’s playground Jogging track Car parkingAnalysis
Taman Sri Kumbar is an aged apartment located in the Penang Island. Currently this residence comes with a subsale price of RM50,000 onwards and an auctioned unit should be priced from approximately RM25,000 or more. Besides that, the rental for the units in this apartment should also be priced from RM300 for a fully furnished unit and an unfurnished unit should be priced slightly cheaper. Located in Penang Island, Taman Sri Kumbar is located quite far away from Georgetown, which makes the property value in this area quite dull. However, the recent launching of the Second Penang Bridge is expected to increase the value of property in this vicinity. There are also several new high rise and landed projects being launched and developed in this area currently and among them are TK Residence, The Qbees, D'Zone and Verona Thirty-Two.
