Penang Times Square, Georgetown
Penang Times Square is a freehold integrated apartment & retail development located in Georgetown, Penang. It consists of Birch The Plaza, Birch The Regency and The Wave. The built-up available at this project is 950 sf to 1,050 sf for apartment units and 887 sf for retail units. It was developed by Ivory Properties Group Bhd.
Ivory Properties Group Bhd is a medium-sized real estate company listed on KLSE, and it has constructed around 17 real estate projects in Malaysia. Other similar projects by the same developer are 10 Island Resort, Birch The Plaza, Birch The Regency, City Residence, Moonlight Bay, Penang WorldCity, Tanjung Park, The Latitude, The Peak Residences and University Place.
This integrated apartment & retail development has many amenities nearby, for example schools, universities and hospitals. The following are some main schools here:
- Georgiana Molloy Anglican School
- Penang Japanese School
- SJK (C) Beng Teik (Pusat)
- SJK (C) Heng Ee
- SJK C Eng Chuan
- SK Kampung Jawa
- SK Tan Sri P. Ramlee
- SMJK Convent Datuk Keramat
- SR Heng Ee
As for universities, there are Advance Tertiary College Penang (Atc), Kdu Penang University College, MSU College Penang and Olympia College Penang.
The current rental yield of Penang Times Square is 3.93% for apartment units. The highest rental yield ever recorded was 8.28% in Q3 2011 (Apartment); while the lowest one was 3.5% in Q3 2019 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Penang Times Square for apartment units is 2-bedroom / 950 sf with a median price of RM650 psf. For price wise, the most expensive one is 2-bedroom / 950 sf with a median price of RM650 psf; while the cheapest one is 2-bedroom / 1,050 sf with a median price of RM640 psf.
Lastly, the most popular layout and size combination at Penang Times Square for retail units is 887 sf with a median price of RM1,300 psf. For price wise, the most expensive one is 887 sf with a median price of RM1,300 psf; while the cheapest one is 887 sf with a median price of RM1,300 psf.
Latest Penang Times Square for sale listings:
Latest Penang Times Square for rent listings:
|06-Apr-20||Room In Apartment||-NA-||RM600|
|20-Mar-20||Room In Apartment||-NA-||RM700|