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.

Property Type
Integrated Condominium & Mall
Land Tenure
Freehold
Built-up
950 sf - 2,100 sf (Condominium)
Market Price
RM540,000 - RM1,290,000 (Condominium)
Total Units
-NA-
Completion Date
-NA-
Launch Price
-NA-

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

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 3.86% 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:

Condominium Layouts

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 RM610 psf. For price wise, the most expensive one is 4-bedroom / 2,040 sf with a median price of RM630 psf; while the cheapest one is 5-bedroom / 2,100 sf with a median price of RM480 psf.

Latest Penang Times Square sale listings:

TarikhJenis HartanahBinaanHarga
25 Feb 2024Condominium1,050 sfRM698,000
8 Feb 2024Condominium980 sfRM695,000
4 Feb 2024Condominium1,070 sfRM428,400
30 Jan 2024Condominium1,070 sfRM428,700
7 Feb 2024Condominium1,100 sfRM570,088
7 Feb 2024Condominium1,050 sfRM640,000
7 Feb 2024Condominium1,180 sfRM790,000
7 Feb 2024Condominium1,050 sfRM510,000
7 Feb 2024Condominium950 sfRM560,000
6 Feb 2024Condominium1,010 sfRM505,000

Latest Penang Times Square rental listings:

TarikhJenis HartanahBinaanSewaan
24 Feb 2024Condominium1,050 sfRM2,500
24 Feb 2024Condominium1,180 sfRM1,900
24 Feb 2024Condominium1,200 sfRM2,500
13 Feb 2024Condominium1,180 sfRM1,900
23 Feb 2024Condominium1,180 sfRM1,900
23 Feb 2024Condominium950 sfRM2,000
21 Feb 2024Condominium950 sfRM2,500
21 Feb 2024Condominium1,000 sfRM2,200
21 Feb 2024Condominium1,000 sfRM2,500
21 Feb 2024Condominium1,000 sfRM2,000
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