Penang Times Square, Georgetown

Penang Times Square is a freehold integrated condominium & mall development that is located in Georgetown, Penang Island. It consists of Birch The Plaza, Birch The Regency and The Wave.

The built-up available at this property is 950 sf to 2,100 sf for condominium 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, Moonlight Bay, Penang WorldCity, Tanjung Park, The Latitude, The Peak Residences, The View and University Place.

This integrated condominium & mall development has some amenities nearby, for example schools, universities and hospitals. The following are some of the main schools here:

• Georgiana Molloy Anglican School
• Penang Free School
• SJK (C) Beng Teik (Pusat)
• SJK (C) Eng Chuan
• SJK (C) Heng Ee

As for universities, there are Advance Tertiary College Penang (ATC), MSU College (Penang), Spic International College Penang (Campus A & B) and Uow Malaysia Kdu Penang University College.

The current rental yield of Penang Times Square is 4.62% for condominium units. The highest rental yield ever recorded was 4.76% in Q3 2015 (condominium); while the lowest one was 2.87% in Q3 2021 (condominium). Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Penang Times Square for condominium units is 2-bedroom / 950 sf with a median price of RM510 psf. For price wise, the most expensive one is 4-bedroom / 2,100 sf with a median price of RM600 psf; while the cheapest one is 2-bedroom / 1,050 sf with a median price of RM500 psf.

Latest Penang Times Square sale listings:

Latest Penang Times Square rental listings: