Birch The Plaza, Penang Times Square
Birch The Plaza (also known as Birch Plaza) is a freehold condominium located in Penang Times Square, Georgetown. There are 417 units available at this project with built-up from 1,010 sf to 2,040 sf. It was developed by Ivory Properties Group Bhd with a launch price at about RM240 psf, and was completed in around 2009.
Ivory Properties Group Bhd is a medium-scale property developer listed on Bursa Malaysia, and it has built about 17 property projects in Malaysia. Other similar projects by the same developer are 1 Island Resort, Birch The Regency, City Residence, Tanjung Park, The Peak Residences, The View and The Wave.
This condominium has many amenities nearby, e.g. universities, schools and hospitals. The following are some universities here:
- Advance Tertiary College Penang (ATC)
- MSU College (Penang)
- Sense Perfect International College (Spic)
- Uow Malaysia Kdu Penang University College
As for schools, there are Georgiana Molloy Anglican School, Penang Free School and SJK (C) Heng Ee. There are also some hospitals here, such as Peace Medical Centre and St.Johntrendy Hospital.
The current rental yield of Birch The Plaza is around 3.86%, compared to 3.05% 2 years ago in Q3 2021. The highest rental yield ever recorded was 4.65% in Q1 2017; while the lowest one was 2.95% in Q2 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Birch The Plaza is 2-bedroom / 1,050 sf with a median price of RM550 psf. For price wise, the most expensive one is 4-bedroom / 2,040 sf with a median price of RM640 psf; while the cheapest one is 3-bedroom / 1,070 sf with a median price of RM520 psf.
Latest Birch The Plaza sale listings:
|25 Sep 2022||Condominium||1,050 sf||RM600,000|
|25 Sep 2022||Condominium||980 sf||RM695,000|
|25 Aug 2022||Condominium||1,020 sf||RM600,000|
|26 Jan 2022||Condominium||1,000 sf||RM524,000|
|26 Jan 2022||Condominium||1,020 sf||RM525,000|
|24 Jan 2022||Condominium||1,000 sf||RM550,000|
|24 Jan 2022||Condominium||1,020 sf||RM525,000|
|16 Jan 2022||Condominium||1,080 sf||RM640,000|
|14 Jan 2022||Condominium||1,050 sf||RM750,000|
|14 Jan 2022||Condominium||1,028 sf||RM600,000|
Latest Birch The Plaza rental listings:
|25 Jan 2023||Single Room||-NA-||RM450|
|19 Jan 2023||Master Room||-NA-||RM1,050|
|13 Dec 2022||Room||-NA-||RM400|
|21 Nov 2022||Condominium||1,050 sf||RM2,000|
|19 Nov 2022||Condominium||1,100 sf||RM1,700|
|28 Jun 2022||Condominium||1,050 sf||RM1,700|
|26 Feb 2022||Condominium||1,020 sf||RM2,000|
|21 Feb 2022||Master Room||-NA-||RM1,100|
|21 Feb 2022||Single Room||-NA-||RM400|
|22 Jan 2022||Condominium||1,000 sf||RM1,800|