86 Avenue Residences Georgetown
Find out the newest homes, prices, and best prices for 86 Avenue Residences in Georgetown.No matter if you’re looking to purchase, rent, or put your home on the market, let our experts help now.
Property Overview
86 Avenue Residences, nestled in the vibrant heart of Georgetown, offers a perfect blend of modern luxury and historic charm. This upscale development features sleek, spacious units with state-of-the-art finishes and stunning city views. Residents enjoy top-notch facilities, including a rooftop infinity pool, fully-equipped fitness center, serene garden terraces, and 24-hour security for peace of mind.
Conveniently located, 86 Avenue Residences is just steps away from Georgetown’s bustling streets, offering a rich array of cafes, restaurants, shopping boutiques, and cultural landmarks such as the famed Penang Street Art and Pinang Peranakan Mansion.
The estimated price range for these luxury units varies based on configuration, with sale prices typically falling between $600,000 and $1.2 million. Rental prices range from $2,500 to $5,000 per month, offering flexible options for both buyers and renters seeking an urban lifestyle with a touch of elegance and historical allure.
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Why Should You Choose 86 Avenue Residences, Georgetown
Transport & Connectivity:
– Penang International Airport: Approximately 18 km from Georgetown, offering domestic and international flights.
– KOMTAR Bus Terminal: Located in the city center, offering an extensive network of bus routes within Penang.
– Penang Ferry Terminal: Approximately 2 km, providing ferry services between Penang Island and the mainland.
Shopping & Dining:
– Gurney Plaza: Located 4 km from Georgetown, this mall features a range of international and local retail brands.
– New Lane Hawker Centre: Within 1 km, renowned for its diverse street food options popular among both locals and tourists.
– Penang Times Square: Approximately 3 km, offering dining, shopping, and entertainment facilities.
Healthcare:
– Penang General Hospital: Around 2 km from Georgetown, a major public healthcare provider in the region.
– Island Hospital: Approximately 3 km, well-known for providing comprehensive private medical services.
– Gleneagles Penang: Located about 4 km, offering advanced medical facilities and specialist consultations.
Education:
– Universiti Sains Malaysia (USM): Situated roughly 10 km from Georgetown, a leading university with a wide range of disciplines.
– St. Xavier’s Institution: Approximately 2 km, a reputed secondary school with historical significance.
– INTI International College Penang: Located about 7 km, offers various diploma and degree programs.
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your financial plan, desired area, and specific needs. We also negotiate on your{For most transactions, our assistance comes at no cost for buyers as we are paid by the seller. We provide professional guidance at no extra charge to you.} {For most transactions, our service is free for buyers as we are paid by the seller. We provide professional guidance at no extra charge to you.} behalf and guide you through the buying process
It depends on your priorities. Brand new properties often come with developer perks like rebates and flexible payment plans, but they require a waiting period before handover. Sub-sale properties are available immediately, allowing you to inspect the unit before buying. We can help you weigh the pros and cons based on your requirements.
You should have your IC, salary details (salary slip/EPF statement/bank statements), and a loan approval (if needed) to expedite the process.
Aside from the initial deposit (usually a small percentage), you’ll need to consider stamp duty, lawyer costs, bank processing charges, and valuation charges.
Yes! We study the market, compare past transactions, and discuss terms with the property owner to help you secure the best deal.
We search for listings that match your price range and preferences, arrange viewings, and discuss rental terms with the landlord to secure the best deal for you.
For renting a home, the renter typically pays an service charge, which is equal to a full month’s rent, depending on the rental duration.}
To rent a home, you will generally need to provide your Identity Card (IC) or passport, recent payslips or income statement, and sometimes an employment letter. Additional documents may be required depending on the landlord’s preferences.
Typically, you will need to pay 2 months’ security deposit, 1 month’s advance rent, and a utility deposit.
If you want to terminate your tenancy early, you could forfeit your deposit unless you arrange for a replacement tenant, as most agreements require a minimum stay.