Straits Residences, Seri Tanjung Pinang

Straits Residences is a freehold condominium that is located in Seri Tanjung Pinang, Tanjung Tokong. There are 246 units available at this condominium with built-up from 861 sf to 1,356 sf. It was developed by Kerjaya Prospek Group with a launch price at around RM1,270 psf, and was completed in around 2019.

Kerjaya Prospek Group is a medium-sized real estate group, and it has constructed around 10 real estate projects in Malaysia. Other similar projects by the same developer are 288 Residensi, Kaleidoscope, Residency V, Residensi 222 and Vista Residences.

Property Type
Condominium
Land Tenure
Freehold
Built-up
861 sf - 1,356 sf
Market Price
RM980,000 - RM1,660,000
Total Units
246 Units
Completion Date
2019
Launch Price
About RM1,270 psf

The only amenities nearby this condominium are some schools. Some of the schools here are SA Rendah Tuan Guru, SJK (C) Hun Bin 汉民小学 and Stonyhurst International School Penang New Campus.

The current rental yield of Straits Residences is around 4.29%, compared to 4.46% a year ago in Q3 2022. The highest rental yield ever recorded was 4.82% in Q3 2021; while the lowest one was 3.69% in Q1 2023. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Straits Residences is 2-bedroom / 1,335 sf with a median price of RM1,240 psf. For price wise, the most expensive one is 2-bedroom / 1,335 sf with a median price of RM1,240 psf; while the cheapest one is 1-bedroom / 861 sf with a median price of RM1,140 psf.

Latest Straits Residences sale listings:

DateProperty TypeBuilt-upPrice
9 Nov 2023Condominium1,822 sfRM1,800,000
22 Oct 2023Condominium2,102 sfRM1,600,000
16 Oct 2023Condominium1,292 sfRM1,650,000
29 Sep 2023Condominium1,292 sfRM1,700,000
29 Sep 2023Condominium861 sfRM980,000
14 Sep 2023Condominium861 sfRM1,250,000
14 Sep 2023Condominium1,335 sfRM1,450,000
14 Sep 2023Condominium1,356 sfRM1,750,000
14 Sep 2023Condominium861 sfRM980,000
28 Aug 2023Condominium1,295 sfRM1,400,000

Latest Straits Residences rental listings:

DateProperty TypeBuilt-upRental
26 Oct 2023Condominium1,335 sfRM4,500
26 Oct 2023Condominium1,335 sfRM4,300
25 Oct 2023Condominium1,335 sfRM5,000
23 Oct 2023Condominium1,335 sfRM4,500
16 Oct 2023Condominium1,335 sfRM5,000
10 Oct 2023Condominium1,600 sfRM6,500
29 Sep 2023Condominium1,356 sfRM5,700
23 Sep 2023Condominium1,356 sfRM5,700
20 Sep 2023Condominium1,335 sfRM4,500
20 Sep 2023Condominium1,356 sfRM5,700
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