Taman Festival, Pulau Tikus

Taman Festival (also known as Taman Festival Apartment) is a freehold apartment located in Pulau Tikus, Georgetown. There are 40 units available at this project with built-up from 1,800 sf to 1,850 sf. Other neighbouring projects nearby are Arcadia, Bellisa Court, Cantonment Court, Desa Mas, Gurney Ville, Maica Court, Mutiara Gurney, Precious Court, Sri Concordia and The LOOC Residence.

Property Type
Apartment
Land Tenure
Freehold
Built-up
1,800 sf - 1,850 sf
Market Price
RM1,120,000 - RM1,370,000
Density
40 Units
Completed In
1988
Developer
-NA-
Launch Price
-NA-

This apartment has many amenities nearby, i.e. schools, universities and hospitals. The following are some of the main schools here:

As for universities, there are Adventist College Of Nursing And Health Sciences and MSU College Penang Annex C.

The current rental yield of Taman Festival is around 2.1%, compared to 2.03% 5 years ago in Q4 2015. The highest rental yield ever recorded was 3.79% in Q1 2014; while the lowest one was 1.82% in Q2 2016. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Taman Festival is 4-bedroom / 1,850 sf with a median price of RM650 psf. For price wise, the most expensive one is 3-bedroom / 1,850 sf with a median price of RM740 psf; while the cheapest one is 4-bedroom / 1,800 sf with a median price of RM620 psf.

Latest Taman Festival for sale listings:

DateTypeBuilt-upPrice
15 Sep 2020Condominium1,750 sfRM1,050,000
13 Sep 2020Condominium2,000 sfRM1,300,000
2 Sep 2020Condominium1,750 sfRM1,050,000
20 Aug 2020Condominium1,850 sfRM1,150,000
8 Jun 2020Condominium1,850 sfRM950,000
5 Jun 2020Condominium1,722 sfRM1,120,000
4 Jun 2020Condominium1,722 sfRM1,120,000
2 Jun 2020Condominium1,722 sfRM1,120,000
21 Apr 2020Apartment1,850 sfRM1,200,000
6 Mar 2020Condominium1,850 sfRM1,250,000

Latest Taman Festival for rent listings:

DateTypeBuilt-upRental
2 Sep 2020Condominium1,800 sfRM2,500
5 Feb 2020Condominium1,800 sfRM2,099
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