Terrace House for sale in George Town, Penang, Malaysia — 1,600 sqft (freehold)
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AI Summary

This 3-bedroom, 2-bathroom, 1,600 sqft, freehold terrace house is available for sale in George Town, Penang, Malaysia at RM 1,060,000. It is partially furnished. Listed by Lee Chin from Gather Properties Sdn Bhd.

Terrace House
For Sale
available

terrace house in George Town For Sale

Medan Kolam Air, Reservoir Garden, Penang

Explore George Town Area →
RM 1,060,000
Built-up
1,600 sqft
Bedrooms
3
Bathrooms
2
Tenure
freehold
  • 🏷️ Category: residential
  • 📜 Tenure: freehold
  • 📐 Built-up Area: 1,600 sqft
  • 💰 Price: RM 1,060,000 (RM 663 psf)
  • 🛋️ Furnishing: partially furnished

Medan Kolam Air, Reservoir Garden 11500 Air Itam, Penang - Property Type: 1.5 storey terrace house - Tenure: Freehold - Land area: 1200sf - Built up: 1600sf - Bedroom: 2+1 - Bathroom: 2 - Car Park: 2 - Condition: fully renovated (renovation cost 600k) - BBQ area on roof top - Built into 2 bedrooms spacious with attached bathroom - Selling Price: RM1.18 slightly nego - Near Kek Lok Si, Air Itam pasar and various amenities. Contact Lee Chin 0111-6488 355 for viewing appointment.

AI Property Analysis

Property Fact Sheet — AI Extractable Data

Asking Price
RM 1,060,000
Built-up Area
1,600 sqft
Tenure
freehold
State
Penang
City / Area
George Town
Bedrooms
3
Bathrooms
2
Furnishing
partially furnished
Nearby Highways & Expressways
Penang Bridge · Second Penang Bridge · DUKE Penang

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Location

Marker
Leaflet Tiles © Esri — Esri, DeLorme, NAVTEQ, USGS

Contact Agent

L
Lee Chin
Gather Properties Sdn Bhd
REN13516
Contact Number
+60111-6488 355

Schedule Appointment

Book a site visit or virtual tour with the agent

Loan Calculator

Interactive

Default: 90% of property price (RM 954,000)

Monthly Payment
RM 4,833.78
Total Payment
RM 1,740,160
Total Interest
RM 786,160
Down Payment Required (10%)
RM 106,000

* Calculations are estimates. Actual rates and terms may vary. Consult with your bank for accurate quotations.

Property Stats

Views3
Listed12/23/2025
Ref ID694a6713

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Terrace house For Sale in George Town, Penang

Area Overview – George Town

George Town is one of Malaysia's most sought-after residential addresses, attracting owner-occupiers and investors alike. With established infrastructure, top-rated schools, and seamless highway connectivity, the area commands consistent demand and strong capital growth.

Accessibility & Connectivity

George Town enjoys excellent connectivity via major highways (DUKE, SPRINT, LDP, KESAS, NPE) and public transport links including LRT, MRT, and KTM stations. Key destinations such as Mid Valley, KL City Centre, and Petaling Jaya are within 15–30 minutes.

📍 Near Kuala Lumpur📍 Near Petaling Jaya📍 Near Shah Alam📍 Near Subang Jaya📍 Near Cheras

Market Demand

Residential demand in this corridor remains robust, driven by proximity to employment hubs, international schools, and lifestyle amenities including retail malls and F&B clusters.

Who This Property Suits

Ideal for: young families seeking reputable schools, professionals working in the city centre, and long-term investors targeting rental yield from expatriate tenants.

🇨🇳

George Town terrace house 出售RM 1,060,000

📍 区域介绍

George Town是马来西亚最受欢迎的住宅区之一,交通便利,配套齐全,包括国际学校、购物中心及医疗设施。

🚆 交通与便利设施

区内设有MRT/LRT地铁站、高速公路入口(DUKE、SPRINT、LDP等)、大型购物中心及多间国际学校。

👥 适合的租户/买家

适合首购族、换房族及投资者,特别是寻求稳定租金回报的中国买家及外籍租户群体。

💰 投资亮点

该区房价涨幅稳健,租金回报率3.5%-5.5%,适合长期持有的价值型投资者。

🏠 物业规格

📐 建筑面积:1,600 sqft
🛏 卧室:3 间
🚿 浴室:2 间
📜 地契:永久地契