Double storey Taman Merbau Indah, Sungai Dua, Butterworth
Mr. Goh has been staying in Kulim Hi Tech park since 2003. after 7 years staying in Kulim, in year 2010 when he want to move to Penang. He is looking into the Sungai Dua area. Finally he managed to find his ideal home at Taman Merbau Indah, Sungai Dua. Below is the property details he had bought in year 2010.
Project:Taman Merbau Indah, Sungai Dua, Butterworth
Tenure: Freehold
Year Bought: 2010
Purchased Price: RM380K (sub sale)
Property Type: Double story Semi-D
Why choose Taman Merbau Indah, Sungai Dua?
When asked why he chose to buy into Taman Merbau Indah?
His replied that, “In fact, viewed many places before. Cendana (AutoCity), Bukit Minyak, BM, near Carrefour area, Permatang Pauh, Inderawaseh. I don’t like the environment for most of them due to traffic congestion, surrounding not conducive, very mixed neighborhood although the house design are quite nice.
Sungai Dua area in my opinion still have a lot of development potential, the price for Taman Merbau Indah considered reasonable as compared to others that at that time ~RM420K and above. Taman Merbau Indah neighbourhood is quite good, even though the area is about 10years plus. I do not feel it is a mixed surrounding, quite spacious and of course no doubt, the outer surrounding of the whole Taman still got padi field. I loved the green and the scenery is awesome. The only downside of this area is consider rural area.
To my surprise, apart from the little compromises at Sungai Dua,Taman Merbau Indah is quite conveniently located only 15 minutes to Raja Uda, Carrefour, Sunway Carnival Mall, Penang Bridge. There are not much of a traffic congestion problem. Easy access to the North-South expressway and yet don’t have to pay toll. The location is very convenient for me to come to Kulim to work by using Lahar Yooi road and go passing through Lunas.”
How is current Taman Merbau Indah?
Let’s see how is the price movement for Taman Merbau Indah. Quick check now, the asking price is around RM590K. The compounded annual growth rate is 11.63%, which seem to be a good growth rate.
Taman Merbau Indah rental yield could be low. Rental now for the double storey Semi-D is RM1600 per month. It will only fetch 5.1% based on the 2010 price and 3.3% based on current asking price.
