Sri Pangkor, Pulau Tikus

Sri Pangkor (also known as Sri Pangkor Condominium) is a leasehold condominium that is located in Pulau Tikus, Georgetown. There are 171 units available at this condominium with built-up from 1,800 sf to 2,310 sf. It was developed by IJM Land Bhd, and was completed around 1999.

IJM Land Bhd is a very big property developer listed on Bursa Malaysia, and it has developed about 180 property projects in Malaysia. Other similar projects by the same developer are Bayswater, Kalista Residence, Monte Bayu, Riana Green, Sri Utama Condominiums, Summer Place, Suriamas Suites, The Epic Residences, The Spring and Vertiq.

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

• Asia Penang (Associated School Of Accountancy)
• Penang Buddhist Free School
• SM Sri Pelita
• SMK Westlands
• SR Union
• SRJK (C) Union
• School

As for universities, there are Despark International College Penang, Ipg College Of Higher Education, MCKL College (Penang, MSU College Penang Annex C, Ri Yaz College (Member Of Mvu Metaverse Universal Holdings), Uow Malaysia Kdu Penang University College and Wawasan Open University. There are also some hospitals here, for example Gleneagles Hospital Penang and Island Hospital.

The current rental yield of Sri Pangkor is around 3.38%, compared to 3.2% a year ago in Q1 2022. The highest rental yield ever recorded was 4.43% in Q3 2014; while the lowest one was 2.58% in Q1 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Sri Pangkor is 3-bedroom / 1,850 sf with a median price of RM580 psf. For price wise, the most expensive one is 5-bedroom / 2,310 sf with a median price of RM650 psf; while the cheapest one is 4-bedroom / 2,160 sf with a median price of RM570 psf.

Latest Sri Pangkor sale listings:

Latest Sri Pangkor rental listings: