Sri Aman Apartment is a freehold low medium cost apartment project located in Relau, Penang. The apartment was completed in the year 2010 by the developer, Chong Company Sdn Bhd. Nearby developments include Villa Kejora, Victoria Heights, Desa May and Taman Seri Sari.Within Sri Aman, there is one single block with 18 storeys containing 701 units of housing, each of which is approximately 680 sf. The layout for all units are identical, where there are 3 bedrooms and 1 bathroom located beside the kitchen area. Typically, units come with 1 parking space, some of which are located on the ground floor, and the other in the multi-storey carpark between the blocks.Sri Aman Apartment is easily accessible via Jalan Paya Terubong and only minutes away to many amenities such as schools, shops, eateries and banks. Minutes away from Sri Aman Apartment, there are banks such as Public Bank and Maybank, shopping malls such as Giant, Sunshine Square, and Bukit Jambul Complex. It is also very close to the free trade zone which is a busting commercial area.The nearest hospital from Sri Aman Apartment is Hospital Pantai Mutiara located in Bayan Baru. There are numerous educational institutions nearby, including SMK Bukit Jambul, Fairview International School, Straits International School, Inti International College Penang and SRJKC Chong Cheng.Sri Aman Apartment is minutes away from Jalan Tun Dr Awang, which is a main road connecting Relau to the adjoining area of Bayan Lepas, and also toward the Lim Chong Eu Highway towards the Penang Bridge.
Property Details
Name: Sri Aman Apartment Address: Persiaran Paya Terubong 5, 11900 Relau, Penang Developer: Chong Company Sdn Bhd Completion Date: 2010 Type: Apartment Tenure: Freehold No. of Blocks: 2 No. of Storey: 18 No. of Units: 701 No. of Bedrooms: 3 No. of Bathrooms: 1 Built-up: 680 sf Launch Price: RM70,000 Subsale Price: From RM205,000 Rental: From RM600Layouts
Typical unit 3 bedrooms + 1 bathroom (680 sf)Facilities
Playground Multi-storey parking complex Rooftop relaxation deckAnalysis
In the year 2010 the average selling price for the units was at a considerably lower RM131,000. It has seen considerable appreciation since then, and the lowest asking price at the time of writing is at RM205,000. There are multiple high-rises in the vicinity resulting in a very high people density. The exit to Jalan Paya Terubong from Jalan Tun Dr Awang sees heavy traffic throughout the day due to the density.