Birch The Regency, Penang Times Square

Birch The Regency (also known as Birch Regency) is a freehold condominium located in Penang Times Square, Georgetown. There are 358 units available at this project with built-up from 950 sf to 2,100 sf. It was developed by Ivory Properties Group Bhd with a launch price at about RM400 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 Plaza, City Residence, Tanjung Park, The Peak Residences, The View and The Wave.

Property Type
Condominium
Land Tenure
Freehold
Built-up
950 sf - 2,100 sf
Market Price
RM570,000 - RM1,260,000
Density
358 Units
Completed In
2009
Launch Price
About RM400 psf

This condominium has many amenities nearby, e.g. schools, universities and hospitals. The following are some schools here:

As for universities, there are Advance Tertiary College Penang (ATC), MSU College (Penang) and Uow Malaysia Kdu Penang University College. There are also some hospitals here, such as Peace Medical Centre and St.Johntrendy Hospital.

The current rental yield of Birch The Regency is around 4.01%, compared to 3.21% 2 years ago in Q4 2021. The highest rental yield ever recorded was 5.33% in Q1 2014; while the lowest one was 3.1% in Q1 2022. 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 Regency is 2-bedroom / 950 sf with a median price of RM600 psf. For price wise, the most expensive one is 4-bedroom / 2,000 sf with a median price of RM630 psf; while the cheapest one is 4-bedroom / 2,100 sf with a median price of RM520 psf.

Latest Birch The Regency sale listings:

DateTypeBuilt-upPrice
24 Jan 2022Condominium1,030 sfRM698,000
22 Jan 2022Condominium1,050 sfRM620,000
14 Jan 2022Condominium950 sfRM600,000
12 Jan 2022Condominium1,050 sfRM650,000
31 Dec 2021Condominium950 sfRM570,000
21 Dec 2021Condominium1,180 sfRM790,000
21 Dec 2021Condominium950 sfRM560,000
9 Dec 2021Condominium1,180 sfRM790,000
9 Dec 2021Condominium950 sfRM565,000
9 Dec 2021Condominium950 sfRM560,000

Latest Birch The Regency rental listings:

DateTypeBuilt-upRental
1 Apr 2022Condominium1,000 sfRM1,500
17 Jan 2022Condominium950 sfRM1,500
22 Jan 2022Condominium1,000 sfRM1,200
17 Jan 2022Condominium950 sfRM1,399
16 Jan 2022Condominium950 sfRM1,500
16 Jan 2022Condominium950 sfRM1,500
16 Jan 2022Condominium950 sfRM1,500
16 Jan 2022Condominium950 sfRM1,600
15 Jan 2022Condominium950 sfRM1,600
15 Jan 2022Condominium950 sfRM1,500
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