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Pearl Square @ Pearl City

June 11th, 2011 Leave a comment

Pearl Square 1 & 2, an upcoming commercial development by Tambun Indah. Strategically located in a self contained township, about 5 minutes from North South Expressway and 15 minutes to Penang bridge.

Property Project : Pearl Square 1 & 2 @ Pearl City
Location : Simpang Ampat, Penang
Property Type : 2-Storey Shop Office
Units: 96 units (Pearl Square 1), 56 units (Pearl Square 2)
Land Tenure: Freehold
Developer : Tambun Indah

Categories: Property News, Simpang Ampat Tags:
  1. L
    June 12th, 2011 at 12:57 | #1

    anyone survey on this project? good for investment ?

  2. bm
    June 12th, 2011 at 16:14 | #2

    I call to the developer and according to them, it’s located near to the Pearl Villa@simpang empat. Not many units left liao.

  3. L
    June 12th, 2011 at 16:43 | #3

    oh, is it?don’t know is it worth for investment ?

  4. bm
    June 12th, 2011 at 17:13 | #4

    @L
    If you talk about rent out for investment point of view, as what i know, the rental is not that high in simpang empat. Typical size shop lot (eg.1400sqft) monthly rental fall between RM800 to RM1000 at Jalan Bukit Tambun. For pearl square, the price is about RM4XXK per unit. Most probably your rental return earn from both storey rental might not be able to cover yr monthly instalment to generate positive cash flow. Anyway, simpang empat is high population area, probably would be easy to rent out.

  5. L
    June 12th, 2011 at 18:21 | #5

    @bm, thanks for sharing of your view. ya, the unit price is quite high now for new launching. but the rental not compensate for it. unless, it is at very strategic location, but sky price.

  6. T
    June 12th, 2011 at 23:18 | #6

    saw the location, you need to pass the flyover. And the the road is a bit small, not worth the risk. It is very hard to comment for rental, as i know in BM maju jaya somebody rented the shoplot for 9k.

  7. Jeff
    August 22nd, 2011 at 16:54 | #7

    Personally i think its a good investment. Simpang Ampat is booming, more better quality residential projects already started, and will be further fuel up upon the completion of 2nd bridge.

    Is there still a need to drive up the fly-over? I remembered seeing them opening up a new road, you just have to directly drive up the jalan Bukit tambun till the end, cross the traffic light then go straight, Pearl Square site should be one the left already.

  8. BD
    August 22nd, 2011 at 19:48 | #8

    @Jeff

    You are right, at the traffic light just go straight up the flyover and no need to travel in a circle. But the flyover is just single lane.. I think at the moment BTM residents may prefer to use this route as the other junction at the old Boon meng school is too narrow.

  9. Grace ng
    March 13th, 2012 at 00:52 | #9

    Still got unit want to sale?pls email me or contact me also can..thanks..my mobile no is 0174777234

  10. cl
    October 29th, 2012 at 12:26 | #10

    Any units left for Pearl square any any special package for the project?

  11. david
    October 29th, 2012 at 13:19 | #11

    still got 18unit left…pls refer to the adverstisment on newspaper.

  12. cl
    October 29th, 2012 at 13:37 | #12

    @david
    Thanks David. Do you think Pearl Square worth to buy since Pearl City is developed.

  13. BD
    October 29th, 2012 at 15:28 | #13

    Surprisingly I can’t find KFC/Pizza hut in Spg Ampat area… Surely Tambun/Spg Ampat area has good potential for fast growth. Its population may double. Franchise businesses & banks may start to eye this area.

    IMO, the location of pearl square 2 is not so nice, while pearl square 1 is ok but may face problem of lacking parking space. Anyway, nothing is perfect. Starwalk nearby has the advantage of parking space and may well be linked to Pearl City in the future.

  14. david
    October 29th, 2012 at 17:28 | #14

    @cl
    I can’t give u the answer as I didn’t done the survey and study on that location. What can I suggest is get the front row which facing main road…HAHAHAHA look like who don’t know mother is female….sry can’t give any constructive advise.

  15. cl
    October 30th, 2012 at 21:41 | #15

    @david
    Thanks. But the cost around 400k for double story shop lot is consider cheap although location is not strategic.

  16. tips
    March 1st, 2013 at 17:15 | #16

    heard pearl square 1 shoplot appreciated to 800k? Those who bought earlier at <=500k must be damn lucky then.

  17. Hay
    April 1st, 2013 at 11:57 | #17

    Hi, I got 2 units at Pearl Square 2 wants to sell. Reasons of selling, my parents are moving to Kuala Lumpur to stay with my brother and I am overseas now. Thus, I don’t see the point of maintening the shop lot. It’s good location, beside Petronas and very near to Boon Meng school. Perfect location to do Tuition or Music Center. Anyone interested please call my friend, Sam at 012-4098753.

  18. Leonard
    Leonard
    May 2nd, 2013 at 20:52 | #18

    Hi, I’m looking forward to buy one unit at Pearl Square 1 facing main road. Any ideas how much would that be and still avaialble?

  19. PP
    June 3rd, 2013 at 17:03 | #19

    @Leonard,
    Heard the price at Pearl Sq 1 now is around RM800k for corner unit, RM750+- for intermediate unit.

  20. Steve
    June 3rd, 2013 at 17:20 | #20

    PP :
    @Leonard,
    Heard the price at Pearl Sq 1 now is around RM800k for corner unit, RM750+- for intermediate unit.

    Price quite similar to pearl avenue, which location better?

  21. CSW
    June 17th, 2013 at 10:18 | #21

    @Hay
    Im interested in the Pearl Square 2 unit facing the main road. Is your unit facing the main road? Those who want to sell can contact me directly at 016-4247006 (Chew)

  22. Janice
    June 25th, 2013 at 15:41 | #22

    Anyone know the current market price for Pearl Square 2 facing the main road ?

  23. Leonard
    Leonard
    July 3rd, 2013 at 11:51 | #23

    Thanks, Steve!

  24. Steve
    September 18th, 2013 at 21:49 | #24

    @Chris
    How much you wish to rent out?

  25. Steve
    September 21st, 2013 at 10:52 | #25

    Pearl Square 1 not even one to open shop….why ar? Rental sky high?

  26. Chocolate
    September 21st, 2013 at 10:56 | #26

    All owners waiting to get high rental yield after 2nd link open in Nov.

  27. Steve
    September 21st, 2013 at 12:03 | #27

    The thing is seems nobody want to rent….perhaps rental is 3x of surrounding old shop….

  28. Annie
    October 22nd, 2013 at 10:05 | #28

    BOBBY

  29. Hay
    October 30th, 2013 at 21:49 | #29

    Hi, I have 2 units at Pearl Square 2 to sell or to rent. They are side-by-side and it is perfect either for Tuition center/music center, banks..etc. My units are facing the housing area nearer to Petronas. Please email me at ooijl@hotmail.com if you are interested. I am currently overseas. Thanks.

  30. Loo
    December 2nd, 2013 at 16:59 | #30

    Hi, I am looking for tenant for 1st Floor Shoplot at Pearl Square 2, Simpang Ampat.
    Interested please call me @ 0143088850.

  31. Loo
    December 2nd, 2013 at 17:03 | #31

    Hi, I am looking for tenant for 1st Floor Shoplot at Pearl Square 2, Simpang Ampat.
    Interested please call me @ 0143088850.

    @Hay

  32. ampat
    December 9th, 2013 at 15:21 | #32

    How is the rental for Pearl square 2 ?

  33. buzz
    buzz
    December 9th, 2013 at 22:39 | #33

    i think the rental depends on the location of the shop …if it is facing the main road i m hearing from 2500 to 2700. Few shops have been rented out so quickly….heard opening of restaurants, motor shop etc…lack of clinics in this area …..

  34. Angie
    December 26th, 2013 at 18:40 | #34

    Hi, I am going to rent out my corner unit at pearl square 1, anyone got interested, plz call my no. 012-3026050, price is negotiable. Thanks!

  35. Girija
    March 29th, 2014 at 09:48 | #35

    @lim
    I have a unit for rent, preferably to workers. contact me at 0135183886

  36. Mr Teh
    May 18th, 2014 at 22:23 | #36

    I’ve a unit at Pearl Square 1 , anyone interested , may contact me at 012-4597408 or 04.-7719919 .

    Price is negotiable too , thanks :)

  37. Chocolate
    September 28th, 2014 at 13:03 | #37

    Tak habis habis condemn arr? Hahaha..

  38. simon
    August 12th, 2015 at 11:16 | #38

    please contact me for 2 storey shoplot @ tambun indah’s pearl city area.

  39. lolifer
    December 1st, 2015 at 15:32 | #39

    any shops not facing the graveyards to rent?

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