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 1,271 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 - 1,271 sf
Market Price
RM420,000 - RM440,000
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 RM420,000 to RM440,000 (about RM350 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 3.18%, 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 RM350 psf. For price wise, the most expensive one is 3-bedroom / 1,250 sf with a median price of RM350 psf; while the cheapest one is 3-bedroom / 1,253 sf with a median price of RM340 psf.

Latest Spectrum Garden for sale listings:

DateTypeBuilt-upPrice
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
26-Mar-19Condominium1,248 sfRM415,000
25-Mar-19Condominium1,250 sfRM415,000
15-Mar-19Condominium1,248 sfRM415,000

Latest Spectrum Garden for rent listings:

DateTypeBuilt-upRental
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
22-Feb-19Condominium1,200 sfRM1,500
11-Feb-19Condominium1,225 sfRM1,300
11-Feb-19Condominium1,220 sfRM1,500
10-Feb-19Condominium1,200 sfRM1,200