Spectrum Garden, Bukit Mertajam

Spectrum Garden is a freehold landed housing estate located in Bukit Mertajam, Seberang Perai. It consists of Spectrum Residence. There are 124 units available at this project with built-up from 1,200 sf to 1,253 sf. It was developed by Zuwen Bina Sdn Bhd with a launch price at around RM200 psf, and was completed in about 2017.

Zuwen Bina Sdn Bhd is a small real estate organization held privately, and it has constructed around 3 real estate projects in Malaysia. Other similar projects by the same developer are Spectrum Residence and Taman Kota Permai 2.

Property Type
Landed Housing
Land Tenure
Freehold
Built-up
1,200 sf - 1,253 sf
Market Price
RM410,000 - RM430,000
Density
124 Units
Completed In
2017
Launch Price
About RM200 psf

The only amenities nearby this landed housing estate are some schools. Several of the schools here are SJK (C) Beng Teik (Pusat) and SK(C)Beng.

The current market prices for Spectrum Garden are from RM410,000 to RM430,000 (about RM340 psf); while the monthly rentals are from RM1,200 (about RM1.00 psf). The highest median price psf ever recorded was RM368 psf in Q2 2018; while the lowest one was RM200 psf in Q1 2015.

The current rental yield of Spectrum Garden is around 3.47%, compared to 3.13% a year ago in Q2 2018. The highest rental yield ever recorded was 3.76% in Q1 2019; while the lowest one was 3.13% in Q2 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Spectrum Garden is 3-bedroom / 1,217 sf with a median price of RM340 psf. For price wise, the most expensive one is 3-bedroom / 1,253 sf with a median price of RM340 psf; while the cheapest one is 3-bedroom / 1,200 sf with a median price of RM340 psf.

Latest Spectrum Garden for sale listings:

DateTypeBuilt-upPrice
15-Aug-19Condominium1,200 sfRM460,000
13-Aug-19Condominium1,253 sfRM400,000
11-Aug-19Condominium1,200 sfRM410,000
02-May-19Condominium1,253 sfRM410,000
30-Apr-19Condominium1,271 sfRM410,000
26-Apr-19Condominium1,200 sfRM400,000
26-Apr-19Condominium1,200 sfRM405,000
26-Apr-19Condominium1,220 sfRM420,000
17-Apr-19Condominium1,253 sfRM415,000
27-Mar-19Low-Cost Flat1,220 sfRM404,000

Latest Spectrum Garden for rent listings:

DateTypeBuilt-upRental
02-Aug-19Condominium1,200 sfRM1,500
29-Jul-19Condominium1,200 sfRM1,500
05-Jul-19Room In Apartment-NA-RM400
04-Jul-19Condominium1,200 sfRM1,200
02-May-19Condominium1,300 sfRM1,000
02-May-19Condominium1,200 sfRM1,000
25-Apr-19Condominium1,217 sfRM1,200
06-Apr-19Condominium1,220 sfRM1,100
19-Mar-19Low-Cost Flat1,220 sfRM1,300
22-Feb-19Condominium1,200 sfRM1,000

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