Villa Sri Melati is a medium cost apartment located in the heart of the Air Itam township, Penang. It is located off Jalan Padang Tembak. It was completed in 1996. Two notable neighbors are Kastella Court and Taman Pedang Tembak, both being low rise apartments.Built on freehold land, Villa Sri Melati comes in one low rise block at 4 stories and the other, at 8 stories. All in all, there are 93 apartments. For the lower rise block, there are 3 units per floor and the higher one, 13 units per floor. For the high rise, it is serviced by 2 lifts. Apartments at Villa Sri Melati are relatively small, securing a size of approximately 600 to 700 sf. Although the size is restricted, the developer has managed to comfortably configure 3 bedrooms in every unit - making it appealing to families. With a monthly maintenance of around RM80 per apartment, residents get to enjoy 24 hours security, a well manicured garden and car parking.The Penang Turf club is also nearby, situated behind Villa Sri Melati and along Jalan Batu Gantong. As for the other amenities, its closest school is SK Padang Tembak which is approximately 5 minute drive away. Others within its reach are St. Xavier’s, Chung Ling high cchool, SM Teknik Tunku Abdul Rahman Putra and SJK Chung Hwa Confucian. There are neither shopping malls nor hypermarkets nearby but several ‘kedai runcits’ and eateries.Transportation at Ayer Itam is adequate with bus routes running consistently through it. Distance wise, those heading to the Penang Bridge will take about 20 minutes, 24 km away from the apartments. Those heading to Menara Komtar in Georgetown will take about 10 minutes, 5 km away from it.
Property Details
Name: Villa Sri Melati Address: 33, Jalan Padang Tembak, Ayer Itam, Penang Developer: SEAL Properties Completion Date: 1996 Type: Apartment Tenure: Freehold No. of Blocks: 2 No. of Storey: 4 & 8 No. of Units: 93 No. of Bedrooms: 3 No. of Bathrooms: 2 Built-up: 600 - 700 sf Maintenance Fee: RM80 Subsale Price: RM215 psf Rental: Facilities
Garden 24 hours security Car ParkingAnalysis
Villa Sri Melati offers its dwellers a sense of community. This is by and large the fact that it resides in a predominantly residential neighborhood. It is surrounded mainly by other residences. Additionally, being in a traditional neighborhood like Air Itam where it is known to be one of the earlier neighborhoods in Penang, it brings about a good support network. Schools and other amenities are nearby. Having said that, Villa Sri Melati is losing out in terms of the sub-sale market to other medium cost residences as the façade and units are rather dated. It unfortunately does not help that because its neighbors were also built around the same time, they too look rather dated and unkempt. The outlook of the neighborhood is rather drably.