The Maven, Balik Pulau

The Maven is a freehold landed housing estate that is located in Balik Pulau, Penang Island. There are 120 units available in this housing estate with built-up from 1,166 sf. It was developed by Reka Indah Development Sdn Bhd with a launch price of around RM430 psf, and was completed in about 2017.

Reka Indah Development Sdn Bhd is a privately held mid-sized real estate organization, and it has undertaken around 8 real estate projects in Malaysia. Other similar projects by the same developer are BL Avenue, BL Business Centre, BL Garden, Boulevard Condominium, Meridien Residence, Orchard Ville and Victoria Heights.

Property Type
Landed Housing
Land Tenure
Freehold
Built-up
1,166 sf
Market Price
RM310,000 - RM580,000
Total Units
120 Units
Completion Date
2017
Launch Price
About RM430 psf

The only amenities nearby this landed housing estate are some schools. Several of the schools here are Prince Of Wales Island International School (Powiis) and SK Titi Teras.

The current rental yield of The Maven is around 2.69%, compared to 2.2% a year ago in Q1 2019. The highest rental yield ever recorded was 2.69% in Q4 2020; while the lowest one was 2.2% in Q4 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at The Maven is 3-bedroom / 1,166 sf with a median price of RM270 psf. For price wise, the most expensive one is 4-bedroom / 1,166 sf with a median price of RM500 psf; while the cheapest one is 3-bedroom / 1,166 sf with a median price of RM270 psf.

Latest The Maven sale listings:

TarikhJenis HartanahBinaanHarga
29 Oct 2023Townhouse1,166 sfRM610,000
21 Oct 2023Townhouse1,166 sfRM324,000
10 Oct 2023Townhouse1,166 sfRM360,000
8 Sep 2023Townhouse1,166 sfRM304,000
7 Aug 2023Townhouse1,166 sfRM327,000
8 Jul 2023Townhouse1,166 sfRM550,000
7 May 2023Townhouse1,166 sfRM244,389
6 May 2023Townhouse1,166 sfRM244,389
6 May 2023Townhouse1,100 sfRM420,000
17 Apr 2023Townhouse1,166 sfRM271,541

Latest The Maven rental listings:

TarikhJenis HartanahBinaanSewaan
5 Oct 2023Townhouse1,100 sfRM1,000
27 Sep 2023Townhouse1,116 sfRM1,600
14 Aug 2023Townhouse1,166 sfRM1,650
19 Jul 2023Townhouse1,100 sfRM1,800
18 May 2023Townhouse1,100 sfRM1,300
15 Apr 2023Townhouse1,100 sfRM1,100
7 Dec 2022Townhouse1,066 sfRM1,600
10 Dec 2022Townhouse1,166 sfRM800
29 Mar 2022Townhouse1,100 sfRM1,000
5 Oct 2021Townhouse1,100 sfRM1,200
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