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, Moonlight Bay, Penang WorldCity, Tanjung Park, The Latitude, The Peak Residences, The View and University Place.

Property Type
Integrated Apartment & Retail
Land Tenure
Freehold
Built-up
950 sf - 1,050 sf (Apartment)
887 sf (Retail)
Market Price
RM600,000 (Apartment)
RM1,150,000 (Retail)
Density
-NA-
Completed In
-NA-
Launch Price
-NA-

This integrated apartment & retail development 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), Kdu Penang University College, MSU College Penang and Olympia College Penang.

The current rental yield of Penang Times Square is 3.31% for apartment units. The highest rental yield ever recorded was 8.28% in Q3 2011 (Apartment); while the lowest one was 3.26% in Q2 2020 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at Penang Times Square for apartment units is 2-bedroom / 950 sf with a median price of RM630 psf. For price wise, the most expensive one is 2-bedroom / 950 sf with a median price of RM630 psf; while the cheapest one is 2-bedroom / 1,050 sf with a median price of RM570 psf.

Retail Layouts

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:

DateTypeBuilt-upPrice
22 Oct 2020Condominium950 sfRM569,000
21 Oct 2020Condominium950 sfRM570,000
21 Oct 2020Condominium950 sfRM668,000
20 Oct 2020Condominium950 sfRM590,000
19 Oct 2020Condominium1,100 sfRM690,000
19 Oct 2020Condominium990 sfRM620,000
19 Oct 2020Condominium1,080 sfRM680,000
18 Oct 2020Condominium950 sfRM668,000
16 Oct 2020Condominium950 sfRM668,000
16 Oct 2020Condominium950 sfRM668,000

Latest Penang Times Square for rent listings:

DateTypeBuilt-upRental
26 Oct 2020Room In Apartment-NA-RM500
25 Oct 2020Condominium1,130 sfRM1,700
25 Oct 2020Condominium950 sfRM1,600
25 Oct 2020Penthouse2,450 sfRM1,800
25 Oct 2020Condominium1,050 sfRM1,500
24 Oct 2020Condominium950 sfRM1,600
23 Oct 2020Condominium1,010 sfRM1,850
22 Oct 2020Condominium970 sfRM1,700
22 Oct 2020Condominium1,178 sfRM2,000
22 Oct 2020Condominium1,010 sfRM2,000
0 user comments on Penang Times Square