TM Residency (Tunas Residensi) Bayan Lepas
Find out the newest homes, rates, and offers for TM Residency (Tunas Residensi) in Bayan Lepas. No matter if you’re looking to own, rent, or put your home on the market, let our experts help now.
Property Overview
TM Residency, also known as Tunas Residensi, is a contemporary residential development located in the vibrant suburb of Bayan Lepas, Penang. This modern high-rise offers a selection of well-designed apartments with spacious layouts, catering to a range of lifestyles. Each unit features large windows for abundant natural light, quality finishes, and stunning views of the surrounding cityscape.
The property boasts an array of exceptional facilities, including a swimming pool, fully-equipped gymnasium, children’s playground, and a serene garden area, providing residents with ample opportunities for relaxation and recreation. Additionally, the development ensures security and peace of mind with 24-hour surveillance and controlled access.
TM Residency is strategically situated near a plethora of amenities like shopping centers, restaurants, schools, and healthcare facilities, offering convenience and ease for everyday living. It is also well-connected to Penang’s transport network, ensuring quick access to key areas such as the Penang International Airport and the Bayan Lepas Free Industrial Zone.
The estimated price range for purchasing a unit at TM Residency is around MYR 500,000 to MYR 700,000, depending on the unit size and floor level. For those interested in renting, the average rental price ranges from MYR 1,500 to MYR 2,500 per month. TM Residency stands out as an excellent choice for both homeowners and investors looking for a dynamic living environment with convenient city access.
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Why Should You Choose TM Residency (Tunas Residensi) Bayan Lepas
Transport & Connectivity
– Penang International Airport: A major airport offering domestic and international flights, located approximately 4 km from Bayan Lepas.
– Second Penang Bridge: Connects mainland Malaysia with Penang Island, about 10 km away, facilitating easier vehicular access.
– Rapid Penang Bus Services: Comprehensive public transit options providing connectivity throughout the region, with stops within Bayan Lepas.
Shopping & Dining
– Queensbay Mall: One of the largest shopping malls in Penang, offering a wide variety of retail and dining options, situated around 7 km away.
– Gurney Paragon: Upscale shopping and dining destination located approximately 20 km from Bayan Lepas.
– Bayan Lepas Night Market: Popular for local street food and artisanal products, held weekly and easily accessible within the area.
Healthcare
– Pantai Hospital Penang: A modern medical facility providing quality healthcare services, located about 3 km from Bayan Lepas.
– Penang General Hospital: Comprehensive public healthcare provider approximately 18 km away, offering various medical services.
Education
– Universiti Sains Malaysia (USM): One of Malaysia’s leading universities, offering diverse academic programs, located around 12 km from Bayan Lepas.
– INTI International College Penang: Offers various tertiary education programs, situated roughly 5 km from Bayan Lepas.
– Fairview International School: Provides international education for primary and secondary students, located approximately 10 km away.
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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 negotiate on your{For most property purchases, our assistance comes at no cost for buyers as we earn commission from the seller. We provide expert advice at no extra charge to you.} {For most property purchases, our service is free for buyers as we are paid by the seller. We provide professional guidance at zero cost to you.} behalf and assist you with the buying process
It depends on your needs. New launch properties often come with developer perks like cashback deals and lower upfront costs, but they take time to complete. Sub-sale properties are ready to move in, allowing you to see the actual condition before buying. We can help you compare options based on your requirements.
You should have your identification card, salary details (payslip/KWSP record/financial records), and a loan approval (if needed) to speed up the process.
Aside from the down payment (usually 10%), you’ll need to consider government charges, lawyer costs, loan agreement fees, and property assessment fees.
Yes! We analyze the property trends, compare recent sales, and discuss terms with the seller to get you the best deal.
We filter listings that match your budget and preferences, arrange viewings, and negotiate rental terms with the property owner to finalize the best deal for you.
For renting a home, the tenant typically pays an agency fee, which is equal to a full month’s rent, depending on the lease term.}
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.
The usual deposit required is 2 months’ security, 1 month’s rent in advance, and a utility deposit.
Most agreements have a minimum stay period (e.g., 1 year). If you leave early, you may lose your deposit unless you find a replacement tenant.