DONE DEAL: Shopoffice at Bandar Sri Pinang, Jelutong, Penang

Rented for: RM2,100 a month

Concluded by: Mayzel Wong (REN 17359) (017-575 8999) of Khoo & Associates Realty

When: Oct 15, 2016

Noteworthy:
● Leasehold
● Second floor of a 3-storey shopoffice,
● 1,800 sq ft
● Has a seaview
● Covered carpark
● Nearby amenities include F&B outlets, banks, mini market and auto mall
● About 5km away from George Town, 13km away from Penang International airport in Bayan Lepas and 6km to the Penang Bridge

The unit is located at Persiaran Karpal Singh, also known as Karpal Singh Drive, a seaside promenade in Bandar Sri Pinang, Jelutong Penang.

According to Mayzel Wong from Khoo & Associates Realty who concluded the rental deal, Persiaran Karpal Singh has emerged as one of the most popular chill-out places for locals and tourists for its fabulous seaview and a wide range of F&B choices.

“As business is booming, it is very hard to get a vacant unit now,” she said.

In this deal, the 1,800 sq ft second floor shopoffice is rented out for RM2,100 a month, which is slightly below the going rental rate.

“A recent deal involving the second floor of a corner unit in the same row was rented out for RM2,600 a month,” she added.

Wong said the tenant is a piping system provider that rented the unit for his consultancy operations, while the owner is a local property investor who is looking for stable rental income.

Available rental listings on TheEdgeProperty.com showed that the asking rental of the second floor in a two-storey shopoffice unit at Persiaran Karpal Singh is about RM3,000 per month.

Interested to rent properties in Jelutong, Penang? Click here.

Editor: To real estate agents — Have you just concluded an interesting deal? We would love to hear from you! Contact us at [email protected]