Sri Nipah Apartment is a low cost apartment located in the vicinity of Sungai Nibong, Penang. This residence was developed several years ago on a freehold land and it comes with a single block which offers nine storeys. This is a low-dense development which has only 70 units.Sri Nipah Apartment comes with a single layout which has 750 sf built-up with 3 bedrooms and 2 bathrooms. There are several facilities provided for the conveniences of the residents and among the facilities available in this vicinity are children’s play area, restaurants, convenience stores, jogging track, car park, as well as 24-hour security surveillance to keep the environment safe and secured.There are also ample of amenities located closely to Sri Nipah Apartment and among them are Taman Sri Nibong Park, Black Ball Queensbay Mall, Bukit Jambul Country Club, Pisa Aquatic Centre, Mayang Mall, Sunshine Square, SMK Sungai Ara, SJKT Sungai Ara, SJKC Chong Cheng, Tesco, University Science Malaysia and Fu Xing Gong Snake Temple.The famous Gurney Drive is located approximately 20 minutes away from this residence. In terms of accessibility, Sri Nipah Apartment is also linked via roads and highways namely Jalan Sultan Azlan Shah, Jalan Aziz Ibrahim, Jalan Sungai Dua, Jalan Bukit Gambir, Sungai Nibong Highway and Tun Dr Lim Ching Eu Highway. The First Penang Bridge is also located closely to this residence, as well as the Jalan Sungai Dua Bus Station and Pulau Jerejak Jetty are also situated just minutes away.
Property Details
Name: Sri Nipah Apartment Address: Medan Nipah 2, 11900 Sungai Nibong, Penang Type: Apartment Tenure: Freehold No. of Block: 1 No. of Storey: 9 No. of Units: 70 No. of Bedrooms: 3 No. of Bathrooms: 2 Built-up: 750 sf Subsale Price: From RM350,000 Rental: From RM1,000Layouts
Standard 3 bedrooms + 2 bathrooms (750 sf)Facilities
Children’s play area Restaurants Convenience stores Jogging track Car park 24-hour securityAnalysis
Sri Nipah Apartment is a low-dense apartment located in the vicinity of Penang Island. This residence was developed by quite some time ago and this can be seen through the aged building. Furthermore, this residence is located closely to numerous amenities, whereby a fully furnished unit can gross a monthly rental of RM1,000 and above and an unfurnished unit should be priced cheaper. This residence is not maintained that well, yet the market value for this property had definitely increased. In 2011, the unit in this residence was priced for RM180,000, meanwhile, the current subsale price for this residence begin from RM350,000. An auctioned unit in this residence can be priced from RM150,000 onwards.
