Spectrum Garden 2.5-Storey Corner Terrace For Sale | Bukit Mertajam Penang | RM1.2M | Propmula
For Sale · 2.5-Storey Terrace Corner

Spectrum Garden 2.5-Storey Corner Terrace For Sale in Bukit Mertajam

A larger corner terrace inside the gated Spectrum Garden landed precinct at Kota Permai, offering approximately 1,900 sqft land, around 2,580 sqft built-up, 5 bedrooms, 4 bathrooms and 2 car parks. Reference asking price: RM1.2 million.

Asking PriceRM 1,200,000
≈ RM 631.58 psf on land
Land Area≈ 1,900 sqft
Corner plot · Freehold project
Layout5 Bed · 4 Bath
≈ 2,580 sqft built-up

Market evidence checked: · Page updated:

Spectrum Garden corner terrace in Kota Permai Bukit Mertajam
Landed property facts

Property & Unit Snapshot

The subject is described as a 2.5-storey terrace corner unit. Public market portals frequently categorise Spectrum Garden's landed homes as 3-storey terraces, so the naming convention can vary. Project references consistently describe Spectrum Garden as a freehold gated housing estate in Kota Permai with 24-hour security and clubhouse facilities.

Property Type
2.5-Storey Terrace Corner
Status
Completed / Subsale
Tenure
Freehold project · verify subject title particulars
Community
Gated housing estate · 24-hour security reported
Land Area
Approx. 1,900 sqft
Built-Up
Approx. 2,580 sqft
Bedrooms
5
Bathrooms
4
Car Parks
2
Furnishing / Renovation
Renovated
Project Developer
First Harvard Sdn. Bhd. / Zuwen Bina group references
Project Housing Mix
128 terrace houses + 4 detached houses reported by local project reference
Facilities
24-hour security · clubhouse · swimming pool · gym
Property media

Photo Gallery

Six property images are embedded directly from Propmula. Click any photo to enlarge it.

Current availability

Current Asking & Listing Status

This page uses RM1.2 million as the reference asking price for the supplied corner unit. Current availability, exact land measurement, renovation condition, furnishing, title particulars and viewing access should be reconfirmed before appointment.

For Sale
RM 1,200,000
≈ RM 631.58 psf on ~1,900 sqft land

Reference profile: corner terrace · approx. 2,580 sqft built-up · 5 bedrooms · 4 bathrooms · 2 car parks.

Best-fit buyer

Large Family / Landed Upgrader

The 5-bedroom layout and larger corner plot suit multigenerational households, families needing more rooms, and buyers upgrading from a standard intermediate terrace while staying near Kota Permai and central Bukit Mertajam.

Dated market evidence

Current Market Snapshot

The RM1.2 million subject sits within the visible total-price range for Spectrum Garden corner units, but its approximately RM632 land PSF is higher than several larger corner listings because the supplied land area is smaller at about 1,900 sqft. Total price alone therefore understates the importance of plot size, renovation, orientation and exact row position.

Subject Listing
  • Reference askingRM1,200,000
  • Land area≈ 1,900 sqft
  • Built-up≈ 2,580 sqft
  • Land asking rate≈ RM 631.58 psf
  • Built-up asking rate≈ RM 465.12 psf

The asking price is comparable in total value with some current corner listings, but the subject carries a higher land-rate because of the smaller corner plot.

Visible Corner Asking Comparisons
  • Corner · 2,160 sqft landRM1.20m · ≈ RM556 psf
  • Corner · 2,250 sqft landRM1.30m · ≈ RM578 psf
  • Corner · 2,925 sqft landRM1.35m · ≈ RM462 psf

The subject is lower or equal in total asking price, but higher on land PSF. Buyers should compare usable side land, renovation, car-porch width, orientation, defects and exact location inside the scheme.

Registered Transaction Context
  • Terrace sample periodFeb – Dec 2023
  • Sample size4 transactions
  • Median registered priceRM788,444
  • Median land PSFRM516 psf
  • 25th–75th land PSFRM497 – RM590 psf

The subject's roughly RM632 land PSF is above this older registered terrace range. However, the Brickz sample is small, dated and dominated by smaller intermediate plots around 1,302–1,528 sqft, so it should not be treated as a direct corner-unit valuation.

Rental Asking Evidence
  • Visible 5R4B rental references≈ RM1,900 – RM2,800 / month
  • Common built-up≈ 2,580 sqft
  • Gross asking yield at RM1.2m≈ 1.9% – 2.8% p.a.

The rental references are mostly standard-plot 5-bedroom houses rather than a like-for-like 1,900 sqft corner lot. They suggest this is primarily an own-stay / long-hold landed purchase rather than a high-yield rental product.

Buyer planning

Estimated Buyer Cost & Financing

Current page loan default

Estimated Monthly Instalment

RM 5,465 / month
  • Reference priceRM1,200,000
  • Loan margin90%
  • Loan amountRM1,080,000
  • Tenure25 years
  • Rate3.6% p.a.
This page uses the current Propmula subsale financing default. Bank approval and the effective rate depend on the buyer's profile.
Cash planning

Before Legal & Transaction Costs

RM 120,000
  • 10% downpaymentRM120,000
  • 90% loan amountRM1,080,000
  • Legal / stamp / valuationNot included
  • Renovation / furnishingNot included
Exact legal fees, stamp duties, valuation fees and any buyer-specific relief should be calculated for the actual transaction before signing.
Named POI evidence

Life Efficiency & Nearby Essentials

Spectrum Garden sits in a mature Kota Permai / Bukit Mertajam neighbourhood. Several schools, shops, healthcare services and banking facilities are within a short walking or driving radius. Travel times below are approximate and should be rechecked for the exact gate, route and traffic conditions.

CategoryPlace / FacilityDistance / Approx. TimeAssessment
KindergartenDragonfly The Leaders Kota Permai≈ 300 m · ~4 min walkVery close early-learning option.
Primary SchoolSJK(C) Beng Teik (Pusat)≈ 450 m · ~6 min walkOne of the strongest family-location advantages.
Secondary SchoolJit Sin Independent High School≈ 4 km · ~10 min driveEstablished secondary education option nearby.
CollegeKolej Kejururawatan Bukit Mertajam≈ 1.5 km · ~4 min driveTertiary / vocational education available nearby.
SupermarketBillion Shopping Centre (Kota Permai)≈ 1.5 km · ~5 min driveConvenient for daily groceries and household needs.
MarketKota Permai Market≈ 1.6 km · ~4 min driveMature neighbourhood wet-market access.
Petrol StationShell Jalan Song Ban Kheng≈ 650 m · ~2 min driveFuel access is very close.
Public TransportTaman Lembah Permai / Jalan Kota Permai bus stop≈ 160–800 m · Rapid Penang 707 corridorBus access exists, although private vehicles remain more practical.
Hospital / ClinicPrimecare Clinic Bukit Mertajam≈ 300 m · ~4 min walkPrimary healthcare is within the immediate neighbourhood.
BankRHB Bank Bukit Mertajam≈ 240 m · ~3 min walkBanking is exceptionally close.
Own-stay suitability

Livability Analysis

Spectrum Garden's own-stay appeal comes from a gated landed environment, 5-bedroom family space and mature Kota Permai amenities. The corner plot adds outdoor utility, while the main trade-off is that broader commuting remains road-dependent.

Safety
Spectrum Garden is described as a gated housing estate with 24-hour security. Buyers should still verify current access control, management arrangements and security charges.
8/10
Convenience
SJK(C) Beng Teik, RHB Bank, Billion Shopping Centre, clinics and neighbourhood eateries are close, with broader Bukit Mertajam amenities a short drive away.
9/10
Comfortability
Approximately 2,580 sqft built-up, 5 bedrooms and a corner plot provide strong family space, privacy and side-land utility compared with standard intermediate terraces.
9/10
Long-Term Fit
Five bedrooms support growing and multigenerational households, while freehold tenure and landed format favour long-hold use. Multiple stair flights are the main ageing-in-place limitation.
8/10
Life Efficiency
Daily essentials are unusually concentrated around Kota Permai, with primary school, banking, clinic, supermarket and bus access all close to the project.
9/10
Ownership & investment

Investment Analysis

The strongest investment argument is scarcity and land utility rather than rental cash flow. The current Propmula assessment totals 27/50: Supply/Demand 7, Cash Flow 2, Appreciation 5, Entry Cost 4 and Product USP 9.

Supply / Demand
Spectrum Garden has a relatively limited landed stock, and corner units form an even smaller subset. Current portals nevertheless show several landed alternatives at different plot sizes.
7/10
Cash Flow
Visible 5R4B asking rents around RM1,900–RM2,800/month imply only about 1.9%–2.8% gross asking yield at RM1.2 million before expenses.
2/10
Appreciation
The location is mature rather than catalyst-led. The latest visible registered transaction set is older and small, so there is not enough fresh transaction evidence to claim a strong near-term appreciation trend.
5/10
Entry Cost
At 90% financing, the indicative downpayment is RM120,000 and the estimated 25-year repayment is around RM5,465/month before other ownership costs.
4/10
Product USP
A gated freehold landed corner unit with approximately 1,900 sqft land, about 2,580 sqft built-up, 5 bedrooms and clubhouse facilities is a distinctive family product in central Bukit Mertajam.
9/10
Answer-ready summary

Spectrum Garden Decision Summary

What This Listing Is

A completed / subsale Spectrum Garden corner terrace with approximately 1,900 sqft land, around 2,580 sqft built-up, 5 bedrooms, 4 bathrooms and 2 car parks inside a gated Kota Permai landed precinct.

Current Market Position

The RM1.2 million total asking is in the same broad zone as visible Spectrum Garden corner listings, but the subject's roughly RM632 land PSF is higher because the supplied plot is smaller than several competing corner units.

Strengths & Trade-offs

Strengths are gated landed living, large 5R4B built-up, corner-land utility and excellent access to Kota Permai amenities. Trade-offs are modest rental yield, a high absolute entry price, road dependence and the need to verify exact title, land measurement and renovation condition.

Best-Fit Buyer

Best suited to large families, multigenerational households and landed upgraders who value space, privacy and a mature Bukit Mertajam location more than short-term rental cash flow.

Frequently asked questions

FAQ

Where is Spectrum Garden located?

Spectrum Garden is in Kota Permai, Bukit Mertajam, Penang. This page uses the supplied coordinates 5.347581548203471, 100.45928795285994.

What type of property is this?

The subject is described as a 2.5-storey terrace corner. Some market portals group Spectrum Garden's landed houses under the 3-storey terrace category, so naming can vary.

What are the land size, built-up, bedrooms and parking?

The supplied unit has approximately 1,900 sqft land, approximately 2,580 sqft built-up, 5 bedrooms, 4 bathrooms and 2 car parks.

What is the current asking price?

The reference asking price is RM1.2 million, equivalent to approximately RM631.58 psf on land and RM465.12 psf on built-up.

How does RM1.2 million compare with current corner listings?

Visible corner asking examples include approximately RM1.20 million for 2,160 sqft land, RM1.30 million for 2,250 sqft land and RM1.35 million for 2,925 sqft land. The subject therefore competes on total price but carries a higher land PSF because its supplied land area is smaller.

What is the indicative rental yield?

Visible 5-bedroom rental asking references are roughly RM1,900–RM2,800 per month. At RM1.2 million, this equates to about 1.9%–2.8% gross asking yield before vacancy and ownership costs. The rental references are not fully like-for-like corner units.

What is the estimated monthly instalment?

Using 90% financing, a 25-year tenure and 3.6% per annum, the indicative monthly instalment is approximately RM5,465. Actual bank approval and rate vary by buyer.

Is Spectrum Garden gated and guarded?

Public project references describe Spectrum Garden as a gated housing estate with 24-hour security, clubhouse, swimming pool and gym. Current operations and fees should be verified with the owner or management.

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