Medan Lumba Kuda Georgetown
Find out the latest listings, prices, and best prices for Medan Lumba Kuda in Georgetown.No matter if you’re looking to own, rent, or list your property, get expert guidance now.
Property Overview
Medan Lumba Kuda in Georgetown offers a blend of modern living and historical charm, situated in the vibrant heart of Penang. This residential development comprises well-designed apartments and townhouses that cater to diverse lifestyles. The units typically feature spacious layouts with contemporary finishes, perfect for families and professionals alike.
Residents enjoy a range of facilities, including a swimming pool, fitness center, landscaped gardens, and round-the-clock security, ensuring a comfortable and secure living environment. Medan Lumba Kuda is strategically located with easy access to an array of amenities, such as shopping malls, restaurants, hospitals, and reputable schools. Additionally, the area is well-connected by public transport, making commuting convenient.
The properties at Medan Lumba Kuda are competitively priced, with sale values ranging from approximately RM 400,000 to RM 800,000, while rental rates vary from RM 1,500 to RM 3,000 per month, depending on unit size and specifications. This development represents a great opportunity for both investment and comfortable urban living.
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Why Should You Choose Medan Lumba Kuda, Georgetown
Transport & Connectivity
– Penang International Airport: Approximately 18 km from Georgetown, providing domestic and international flights.
– Ferry Terminal: Around 2 km away, connecting Penang Island to the mainland.
– Komtar Bus Terminal: Located in the city center, offers easy access to various local and intercity routes.
Shopping & Dining
– Gurney Plaza: About 5 km from Georgetown, features a mix of local and international retail brands and diverse dining options.
– Chowrasta Market: Just 1 km away, this local market offers fresh produce, local delicacies, and traditional goods.
– Penang Street Food: Found all around Georgetown, there’s easy access to a variety of famous local street foods.
Healthcare
– Penang General Hospital: Located approximately 2 km from Georgetown, providing comprehensive medical services and emergency care.
– Island Hospital: About 3 km away, known for its specialist services and modern facilities.
– Loh Guan Lye Specialists Centre: Approximately 3 km from Georgetown, offering specialized medical services and treatments.
Education
– Universiti Sains Malaysia (USM): Located roughly 10 km from Georgetown, a prominent higher education institution offering diverse programs.
– Penang Free School: About 4 km away, it is one of the oldest English-medium schools in Southeast Asia.
– St. Xavier’s Institution: Situated around 1 km from the city center, providing quality secondary education.
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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 requirements. We also handle negotiations and assist you with the buying process
It depends on your needs. Brand new properties often come with developer perks like cashback deals and lower upfront costs, but they require a waiting period before handover. Resale properties are available immediately, allowing you to inspect the unit before buying. We can help you compare options based on your requirements.
You should have your IC, salary details (payslip/KWSP record/bank statements), and a pre-approved home loan (if needed) to speed up the process.
Aside from the initial deposit (usually a small percentage), you’ll need to consider government charges, legal fees, bank processing charges, and property assessment fees.
Yes! We analyze the property trends, review recent sales, and discuss terms with the property owner to help you secure the best deal.
We search for listings that fit your price range and requirements, schedule viewings, and negotiate rental terms with the landlord to finalize the best deal for you.
For rental properties, the renter typically pays an agency fee, which is equal to one month’s rent, depending on the lease term.}
Typically, you will need your IC or passport, recent payslips, and proof of income like a bank statement or employment letter. Some landlords may request extra documents, depending on their requirements.
You are generally required to pay a 2-month security deposit, 1-month advance rent, and a utility deposit when renting a property.
Typically, if you terminate your tenancy early, you may lose your deposit unless you find a new tenant to take over.