Lebuhraya Babington 2-Storey Semi-Detached For Sale in George Town, Penang
Freehold two-storey semi-detached subsale home near Pulau Tikus with approximately 3,832 sqft land, 3,320 sqft built-up, 5 bedrooms and 3 bathrooms. Asking RM1.88 million negotiable, equivalent to about RM491 psf on land.
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Property & Unit Snapshot
This is a completed / subsale freehold two-storey semi-detached home on Lebuhraya Babington, close to Pulau Tikus and the central George Town medical and education corridor. The property information describes an individual title, approximately 3,832 sqft land, approximately 3,320 sqft built-up, 5 bedrooms, 3 bathrooms, a store room, dry and wet kitchens, concrete flooring on the first floor and approximately 2-car porch capacity.
- Property Type
- 2-Storey Semi-Detached
- Status
- Completed / Subsale
- Tenure
- Freehold
- Title
- Individual Title · verify title search
- Land Area
- Approx. 3,832 sqft
- Built-Up
- Approx. 3,320 sqft
- Bedrooms
- 5
- Bathrooms
- 3
- Car Porch
- Approx. 2-car capacity · verify on site
- Kitchen
- Dry kitchen + wet kitchen
- Other Space
- Store room
- Upper Floor
- Concrete flooring stated
- Maintenance Fee
- RM0 monthly strata maintenance
- Map Location
- 5.418931, 100.313256
Photo Gallery
Six listing images are embedded directly from Propmula. Click any image to enlarge it.
Current Market Position
The prior market snapshot places the RM1.88 million asking price at the cited Pulau Tikus semi-detached median price. On land area, the subject works out to about RM491 psf versus a cited RM583 psf semi-D median, approximately 15.8% lower. A RM4,000/month comparable asking-rent benchmark implies only about 2.55% gross asking yield, so the stronger value case is central freehold land and long-term holding rather than rental cash flow.
- Subject askingRM1.88 million
- Cited semi-D median priceRM1.88 million
- Subject land PSF≈ RM491 psf
- Cited semi-D median PSFRM583 psf
- PSF difference≈ 15.8% below cited median
Price is at the cited median on total price, while the larger land area produces a lower land-entry rate than the cited median PSF.
- Comparable asking rent benchmarkRM4,000 / month
- Gross asking yield≈ 2.55% p.a.
- InterpretationLong-hold / own-stay stronger than cash-flow play
This is not positioned as a high-yield landed investment. The stronger proposition is scarce central freehold land, large family space and mature George Town convenience.
Estimated Financing Snapshot
Mortgage Planning
Indicative monthly instalment based on the default Propmula financing assumptions.
- Reference asking priceRM 1,880,000
- Loan margin90%
- Estimated loan amountRM 1,692,000
- Tenure25 years
- Rate3.6% p.a.
- DownpaymentRM 188,000
Life Efficiency & Nearby Essentials
The previous assessment uses actual nearby destinations and practical travel-time estimates instead of a score alone.
| Category | Place / Facility | Travel Time | Why it matters |
|---|---|---|---|
| Kindergarten | Kids Kingdom | ~2 min drive | Very close early-childhood education access. |
| Primary School | Sekolah Kebangsaan Francis Light | ~2–3 min drive | Primary-school access within a short neighbourhood trip. |
| Secondary School | SMK (Perempuan) St. George | ~3–4 min drive | Established secondary-school option nearby. |
| College | MCKL College Penang, Pykett Campus | ~4–5 min drive | Tertiary education access in central George Town. |
| Shopping / Supermarket | Giant Penang Plaza | ~5–7 min drive | Daily grocery and retail convenience. |
| Market / Food | Pulau Tikus Wet Market | ~5–7 min drive | Fresh market and local food options. |
| Petrol Station | Petron Jalan Dato Keramat | ~3–4 min drive | Convenient refuelling access. |
| Public Transport | SK Jalan Residensi bus stop | ~3–4 min walk | Nearby bus access without needing to drive. |
| Hospital | Penang General Hospital | ~2–3 min drive / ~4–5 min walk | Major healthcare access is one of the location's strongest advantages. |
| Bank | Public Bank Jalan Dato Keramat | ~3–4 min drive | Daily banking within a short trip. |
Livability Analysis
The main appeal is central landed space: approximately 3,832 sqft land, 3,320 sqft built-up, 5 bedrooms and 3 bathrooms, with fast access to healthcare, schools and Pulau Tikus / George Town amenities. The prior overall Livability score is 37/50.
Investment Analysis
The prior investment view scores 25/50. The strongest points are freehold central landed scarcity and a land-entry rate below the cited semi-D median. The weaker points are low current rental yield and the relatively high upfront financing burden.
Lebuhraya Babington Decision Summary
What This Listing Is
A freehold completed / subsale two-storey semi-detached landed house on Lebuhraya Babington with about 3,832 sqft land, 3,320 sqft built-up, 5 bedrooms, 3 bathrooms, store room, dry and wet kitchens and approximately 2-car porch capacity.
Current Market Position
The RM1.88m asking is at the cited Pulau Tikus semi-D median price, while the subject land rate of about RM491 psf is approximately 15.8% below the cited RM583 psf median.
Strengths & Trade-offs
Strengths are freehold central land, large family space, mature healthcare / education access and a below-median land-entry PSF. Trade-offs include open-neighbourhood security, drainage / flood checks, nearby infrastructure context and relatively weak rental yield.
Best-Fit Buyer
Best suited to own-stay or multi-generational families, medical professionals and long-hold buyers who value central George Town landed scarcity more than immediate rental cash flow.
FAQ
Where is this Lebuhraya Babington property located?
The reference property is on Lebuhraya Babington, 10450 George Town, Penang, near Pulau Tikus and the central George Town medical and education corridor.
What type of property is this?
It is a completed / subsale two-storey semi-detached landed house. The property information describes freehold tenure and an individual title, subject to title-search verification.
What are the land size and built-up area?
The stated land area is approximately 3,832 sqft and the built-up area is approximately 3,320 sqft.
How many bedrooms and bathrooms are there?
The house has 5 bedrooms and 3 bathrooms. The property information also mentions a store room, dry kitchen, wet kitchen and concrete flooring on the first floor.
How much is the asking price?
The asking price is RM1.88 million and is stated as negotiable. This is approximately RM491 psf on land area.
How does the asking price compare with the market snapshot?
The prior market snapshot placed RM1.88 million at the cited Pulau Tikus semi-detached median price, while the subject land rate of about RM491 psf was approximately 15.8% below the cited RM583 psf median.
What rental yield benchmark is used?
A RM4,000 per month comparable asking-rent benchmark implies a gross asking yield of about 2.55% per year before vacancy, repairs, taxes, financing and other ownership costs.
What should I verify before making an offer?
Verify the exact title particulars, boundary and land area, building condition, renovation and defects, parking capacity, drainage / flood exposure, nearby infrastructure, financing, legal and stamp costs, and current availability before committing.