86 Avenue Residences Georgetown
Discover the latest available units, prices, and best prices for 86 Avenue Residences in Georgetown.No matter if you’re looking to buy, find a rental, or list your property, let our experts help today.
Property Overview
Located in the vibrant heart of Georgetown, 86 Avenue Residences is a modern architectural gem offering upscale urban living. This striking residential development features a collection of elegantly designed units, ranging from contemporary one-bedroom apartments to spacious three-bedroom suites. Each residence is thoughtfully crafted with high-quality finishes, large windows for natural light, and private balconies with stunning city or coastal views.
The property boasts an impressive array of facilities tailored for convenience and relaxation, including a state-of-the-art fitness center, an inviting infinity pool, a serene rooftop garden, and a stylishly equipped communal lounge. Residents benefit from 24-hour security, concierge services, and secure underground parking.
Situated in a prime location, 86 Avenue Residences offer easy access to an array of nearby amenities. These include gourmet dining options, boutique shopping, cultural attractions, and lush green parks. The development is conveniently located near major transport links, making commuting throughout Penang and beyond effortless.
The estimated price range for sale starts from MYR 800,000, while rental prices begin at approximately MYR 2,500 per month, offering a competitive market entry for both home buyers and investors seeking an iconic residence in Georgetown.
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Why Should You Choose 86 Avenue Residences, Georgetown
Transport & Connectivity:
– Public Buses: Comprehensive Rapid Penang services connect various parts of the city and beyond, with stops throughout Georgetown.
– Penang International Airport: Located approximately 18 km from Georgetown, offering both domestic and international flights.
– Ferry Service: Regular ferry service to Butterworth enhances connectivity to the mainland, around 2 km away.
Shopping & Dining:
– Gurney Plaza: A popular shopping mall with numerous international and local brands, located about 6 km from Georgetown.
– Chowrasta Market: A bustling traditional market offering local produce and snacks, situated in the heart of Georgetown.
– Street Food: Renowned hawker stalls like those at New Lane or Kimberley Street offer a diverse culinary experience, easily accessible within Georgetown.
Healthcare:
– Penang General Hospital: A major public hospital providing a range of medical services, approximately 3 km from Georgetown.
– Island Hospital: A private healthcare facility known for specialized treatments, located 4 km from Georgetown.
– Loh Guan Lye Specialists Centre: Offers a variety of healthcare services, situated about 3 km from Georgetown.
Education:
– Penang Free School: One of the oldest English-medium schools in Southeast Asia, located approximately 5 km from Georgetown.
– Universiti Sains Malaysia: A leading university offering diverse programs, situated around 11 km from Georgetown.
– St. Xavier’s Institution: Historic secondary school providing quality education, located in the heart of Georgetown.
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your budget, desired area, and specific needs. We also handle negotiations and assist you with the buying process
It depends on your priorities. Brand new properties often come with developer perks like cashback deals and flexible payment plans, but they take time to complete. Sub-sale properties are ready to move in, allowing you to inspect the unit before buying. We can help you compare options based on your preferences.
You should have your identification card, salary details (salary slip/EPF statement/financial records), and a loan approval (if needed) to speed up the process.
Aside from the down payment (usually a small percentage), you’ll need to consider government charges, lawyer costs, loan agreement fees, and valuation charges.
Yes! We analyze the market, review past transactions, and negotiate with the seller to get you the best deal.
We filter listings that fit your budget and requirements, schedule viewings, and negotiate rental terms with the landlord to secure the best deal for you.
For renting a home, the tenant typically pays an agency fee, which is equal to one month’s rent, depending on the rental duration.}
Typically, you will need your IC or passport, recent payslips, and proof of income like a bank statement or employment letter. Additional documents may be required depending on the landlord’s preferences.
The usual deposit required is 2 months’ security, 1 month’s rent in advance, 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.