Menara Penang Garden, Georgetown
Menara Penang Garden (also known as Penang Garden Tower) is a freehold office building that is located in Georgetown, Penang Island. The built-up available at this property is 3,400 sf. Other neighbouring developments around here are Bangunan Sri Weld, Gurney Tower, Menara BHL, Menara Boustead, Menara KWSP, Menara Liang Court, Wisma Getah, Wisma Lister Garden, Wisma Penang Garden and Wisma Perkeso.
This office building has some amenities nearby, for example schools, universities and hospitals. The following are some main schools here:
- SK Perempuan Island
- SK Sri Tanjong
- SK Wellesley
- SMK Abdullah Munshi
- SRJK (C) Union
- Sekolah Menangah Kebangsaan Agama (Perempuan) Al Mashoor
- Shih Chung Branch School
- Wesley Primary School
As for universities, there are Advance Tertiary College Penang (ATC), Despark International College Penang, Equator College, MCKL College (Penang, Ri Yaz College (Member Of Mvu Metaverse Universal Holdings), Sense Perfect International College (Spic), Uow Malaysia Kdu Penang University College and Wawasan Open University. There are also some hospitals here, i.e. Gleneagles Hospital Penang, Hospital, Lam Wah Ee Hospital Tcm Branch, Peace Medical Centre and St Stamford Modern Cancer Hospital Guangzhou.
The current rental yield of Menara Penang Garden is around 5.02%. The highest rental yield ever recorded was 5.02% in Q1 2019; while the lowest one was 3.94% in Q4 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:
Latest Menara Penang Garden sale listings:
| Tarikh | Jenis Hartanah | Binaan | Harga |
|---|---|---|---|
| 7 Aug 2022 | Office | 7,835 sf | RM3,200,000 |
| 27 Jul 2020 | Office | 3,400 sf | RM1,690,000 |
| 11 Feb 2020 | Office | 3,400 sf | RM1,850,000 |
| 21 Jan 2020 | Office | 3,400 sf | RM1,850,000 |
| 15 Jan 2019 | Office | 1,368 sf | RM550,000 |
Latest Menara Penang Garden rental listings:
| Tarikh | Jenis Hartanah | Binaan | Sewaan |
|---|---|---|---|
| 16 Nov 2023 | Office | 3,200 sf | RM7,500 |
| 29 Aug 2023 | Office | 3,168 sf | RM7,480 |
| 26 Jun 2023 | Office | 3,168 sf | RM7,480 |
| 15 May 2023 | Office | 3,200 sf | RM7,500 |
| 26 Apr 2023 | Office | 3,168 sf | RM6,900 |
| 5 Dec 2022 | Office | 1,600 sf | RM3,200 |
| 15 Nov 2022 | Office | 3,168 sf | RM5,000 |
| 18 Sep 2022 | Office | 3,168 sf | RM5,800 |
| 1 Sep 2022 | Office | 1,600 sf | RM3,200 |
| 6 Jul 2022 | Shop-Office | 3,168 sf | RM7,480 |