Menara Penang Garden, Georgetown

Menara Penang Garden (also known as Penang Garden Tower) is a freehold office building located in Georgetown, Penang.The built-up available at this project is 1,368 sf to 6,300 sf. Other neighbouring projects around here are Fortune Heights, Gurney Tower, Menara BHL, Menara Boustead, Menara KWSP, Menara Liang Court, Wisma Getah, Wisma Lister Garden, Wisma Penang Garden and Wisma Perkeso.

Property Type
Office Building
Land Tenure
Freehold
Built-up
1,368 sf - 6,300 sf
Market Price
RM570,000 - RM3,210,000
Density
-NA-
Completed In
1983
Developer
-NA-
Launch Price
-NA-

This office building has many amenities nearby, for example schools, universities and hospitals. The following are some main schools here:

As for universities, there are Advance Tertiary College Penang (Atc), Despark College Penang, Equator College (Amoy Lane City Campus), Reliance College Penang, Ri Yaz College, Uow Malaysia Kdu Penang University College and Wawasan Open University. There are also some hospitals here, i.e. Gleneagles Hospital Penang and Lam Wah Ee Hospital Tcm Branch.

The current rental yield of Menara Penang Garden is around 5.35%. The highest rental yield ever recorded was 5.35% 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:

The most popular layout and size combination at Menara Penang Garden is 1,368 sf with a median price of RM420 psf. For price wise, the most expensive one is 3,400 sf with a median price of RM540 psf; while the cheapest one is 1,368 sf with a median price of RM420 psf.

Latest Menara Penang Garden for sale listings:

DateTypeBuilt-upPrice
27 Jul 2020Office3,400 sfRM1,690,000
21 Jan 2020Office3,400 sfRM1,850,000
11 Feb 2020Office3,400 sfRM1,850,000

Latest Menara Penang Garden for rent listings:

DateTypeBuilt-upRental
TodayOffice3,168 sfRM5,000
30 Jul 2020Office3,168 sfRM5,800
2 Aug 2020Office1,647 sfRM2,100
17 Aug 2020Office1,324 sfRM1,800
22 Jun 2020Office3,168 sfRM5,000
17 Apr 2020Commercial3,168 sfRM5,800
11 Mar 2020Office1,324 sfRM1,500
11 Mar 2020Office1,647 sfRM2,100
29 Jan 2020Office3,168 sfRM5,000
1 user comments on Menara Penang Garden
via
Google
25 Apr 2018 @ 12:00 AM

Difficult to get parking.