Desa Singora is a freehold apartment set in the capital of Penang, Georgetown. It is a well maintained apartment of 15 years old being completed in 1998 by an unknown developer. It is aptly named Desa Singora as it is located on Lorong Singora of Georgetown.Desa Singora is a high rise at 20 storeys tall, it has a moderate density of only 80 units spread over 1 block with 4 units to a floor. The built up is rather small at 700 sf per unit only, but with 3 bedrooms and 2 bathrooms it is suitable for a small to moderate family. Maintenance fees are RM105 a month, and rental of a whole unit starts at RM1,150 per month. There appears to have been no units for sale for several years now, the last transacted price was RM250,000 in 2011.There are several units for rent at Desa Singora and the majority of them are only partially furnished with an occasional unit being fully furnished. The partially furnished units are equipped with basic lights, water heaters and fans along with kitchen hobs and hoods. Most of the units are renovated as well to make them more spacious. Being an apartment, it does not have the luxury of a swimming pool nor barbecue pits. However it does come with landscaped gardens, a community hall for various events and gatherings; and most importantly the apartment comes with 24-hour security. Set along Persiaran Perak, residents of Persiaran Perak will find a number of amenities at their finger tips. Banks, eateries, major shopping malls, places of worship and schools are all available in the surrounding area, while the famous Gurney Drive is a mere 10 minutes away from home. Travelling to the mainland will only take 15 minutes as well. Being set in Georgetown, Desa Singora has the advantage of multiple entrance and exit points to their homes and around town. The major roads surrounding the condominium are Jalan Patani and Jalan Perak to Desa Singora. Other roads of travel worth mentioning is the Jalan Dato Keramat.
Property Details
Name: Desa Singora Address: Lorong Singora 10150, Georgetown, Penang Completion Date: 1998 Type: Apartment Tenure: Freehold No. of Blocks: 1 No. of Storey: 20 No. of Units: 80 No. of Bedrooms: 3 No. of Bathrooms: 2 Built-up: 700 sf Maintenance Fee: RM105 Subsale Price: Rental: Facilities
Landscaped garden Community hall 24-hour securityAnalysis
Traffic congestion is a given for residents of Desa Singora as they are located within the heart of Penang where everything is happening. However residents might also get to enjoy proximity to their offices if they work within the city centre, as they might get to walk to work from their place. Residents will enjoy the exclusivity of their homes as there is a very moderate density of only 80 units in the whole residency. This gives residents the opportunity to get to know their neighbours well and form a close knit residential community which will be handy if residents are facing management issues and need everybody's cooperation. Desa Singora offers excellent investment opportunities due to their location. The condominium may be old fashioned and lacking in amenities, but owners will never want for lack of tenancy if they choose to rent their units out as homes located in city centres are always highly sought after. This apartment is also suitable for one's own stay if residents do not mind being in the heart of a bustling city.
