My Property Deals by Scott Seow

My Property Deals

Fairview Residence – BSG & VST

Fairview Residence Sungai Ara - contact Scott for more info +6011-1098 4066

Fairview Residence

Fairview Residence For Sale

You’ll find: Layout, floor plan, facilities and details of this properties, including prices for sale & rent and most importantly our review for Fairview Residence Sungai Ara.

Table of Contents

Fairview Residence LOCATION

Fairview Sungai Ara - contact Scott for more info +6011-1098 4066

If you need help to let (rent) or to sell your property please click here or WhatsApp us

Who is the developer? – BSG & VST Group

Fairview Residence, is an joint venture (JV) development between BSG and VST group to develop affordable housing at Sungai Ara,  Bayan Lepas, Penang.

Fairview Residence location is just next to Setia Pinnacle by SP Setia, about 10 minutes drive away from Setia SPICE.

Key Features / Summary of Fairview Residence Sungai Ara

Property Type of Fairview Sg Ara

Fairview Residence is built in affordable condominium

Tenure

Fairview Residence is a freehold property project

Fairview Developer

JV of BSG Group and VST Group

Fairview Residence Sungai Ara Maintenance Fees

approx. RM 0.23 PSF including sinking fund

Built up / Size of Fairview Sg Ara

782sf - 970sf

fairview residence completion date

Estimate around end of 2022

Total Units of Fairview Residence Sungai Ara

Total 2 wings
Total level: 34
Total Unit: 750

More Photos and Artist impression for Fairview Residence Sungai Ara

Fairview Residence Sungai Ara Facilities & Floorplan

Fairview Residence facilities floorplan - contact Scott for more info +6011-1098 4066
Fairview Residence Floorplan

fairview residence floor plan

Fairview Residence layout type D - contact Scott for more info +6011-1098 4066

Type D @ 782 sq ft

  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Balcony
Fairview apartment layout type E - contact Scott for more info +6011-1098 4066

Type E @ 782 Sq Ft

  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Balcony

Fairview Residence for sale

Unsure of which one to choose? Talk to Us

782 sq ft

Type D & E
RM 388,000 onward
  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Balcony
  • LOW Downpayment
  • FREE S&P Legal Fees
  • FREE Loan Legal Fees
Popular

SAVE TODAY

  • FREE Loan Stamp Duty RM 1,900+
  • FREE Legal Fees For SPA RM 3,900
  • FREE Legal Fees for Loan RM 3,500
  • LOW Downpayment
  • SAVE at least RM 40,000

Frequently Asked Questions (FAQs) about Fairview Residence

Fairview Residence Sungai Ara Related Questions:

As state above, Fairview Residence will be completed around December 2021 (estimated)

Fairview Residence sales packages come with free legal fee for loan and sales and purchase agreement (S&P)

Yes you can. However, if it is a new project / under-constructions / developer’s unit , developers are giving free legal fees ya. 

Developers would be happy if you help them save cost

Yes you can. As long as I’m awake I will answer your call & reply your message.

Rest assured. We are here to help & provide solution. We promise no hard selling or pushing. Tell us what’s in your mind and we’ll try our best to help

Yes you can. Please contact us via 011-1098 4066 to visit  and get more information!

Apologize that you can’t pick up any unit at Fairview Residence because it’s below the threshold set by government. However we do have some projects that suitable for you. 

Click on any button to contact us now.

Contact Us for Fairview Residence Sungai Ara

Fairview Residence Full review

Is Fairview Residence Sungai Ara a Good Buy ?

Our Analysis / Opinion for Fairview Sg ara

One of the reason Sungai Ara, Relau and Bukit Jambul area is famous because of its traffic congestion, in local we say “traffic jam”. If you don’t know, you know it now.

If you have a higher budget, of course I wouldn’t recommend you to choose Fairview Residence or this particular location but if you have limited budget and want facilities then sorry to say this might be the only place you can and should consider and also because of its freehold status if you’re worried about leasehold.

Fairview Residence and other condominiums here are pretty convenient to be honest I’m staying nearby too. Finish your work and you can just hunt your food, breakfast, brunch, lunch or dinner just nearby like local markets, Golden Triangle, Golden Triangle 2, SPICE and etc. Many choices for you if you’re worried about Fairview Residence’s convenience.

People keep saying that property market is over supply, but I would comment that this area is over-supplied. It’s pretty high density and full of condominium at this area of Sungai Ara, Relau and etc.

If you’d like to have some savings or to hedge against some inflation, you can still consider Fairview Residence but you shouldn’t be over optimistic about the capital gain within this 5 to 7 years I guess. Too many choices for your future buyer to get a unit at this particular location.

Imagine your negotiating power as a landlord or owner in the future, a lots of owners will have to compete with different prices, condominiums and etc.

ROI in terms of rental rate around Sungai Ara, Relau area would be around 2% to 3%, if you’re ok you can pick up a unit at Fairview Residence. Well, at least still higher than fixed deposit rate (FD) as at November 2021 I guess ?

If you’re purchasing Fairview Residence by loan financing, you’ll have a net cash outflow if you plan to rent it out. However, it should be safe for you as long as your rental income is able to offset your interest payment.

For example, if you’re purchasing a unit with RM 388k, your monthly instalment would be around Rm 1500 with 3% interest rate as at November 2021. Your interest charges would be around RM 970 while your principal payment would be around RM 500. In this case if you’re able to secure a rental income of around RM 1,000 you’re safe to pick up a unit here which I think wouldn’t be a major issue for you to secure a rental income of RM 1,000 but it’s gonna take some time to let your unit out if there’s owner letting at a lower rate.

Sorry to tell you that it’s not gonna be an easy job to sell your unit in the foreseeable future, at profit. Personal opinion I would say not within these 5 years as at November 2021. 

Only town view and mountain view available at Fairview Residence. The rest would be just about high floor or low floor choices and also depends on available units. In short, if you have limited budget, Fairview Residence is ok. If you have a higher budget like RM 500k +/- then go for other options.

Convenient place to hunt for food while you’re back from work to Fairview Residence.

It’s really an affordable project with various facilities within the condominium. You should definitely consider Fairview Residence despite of a lot of rumous, complaint and etc like Granito landslide issues bla bla bla because to be honest this is the lowest priced affordable condominium project that I know other than the Dew at Paya Terubong.

Customers reviews

99.99% of my clients are happy !

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4.9
Based on 23 Reviews

Scott is a friendly, helpful and patient agent. He provided useful and detailed information that helped me to make the right decision on property. For me he is highly recommended.

Trustworthy, Fast action, Super patience with customers' enquiries. He even replied my message in the midnight 1AM 😂 Scott 's superb service surely beyond your expectation. Highly recommended for those who need a reliable agent. 👍

He is currently now my best property consultant which he has so much knowledge and ideas to share with you regarding to properties. He can answer most of the question fast and useful. If you have a very compicated question,find him, his answer will never goes wrong. Super responsive and kind-hearted

Scott has been managing my City of Dreams unit in Penang for nearly a year. He is a very professional and reliable estate agent. Highly recommended!

Professionally analyse and share the review. Appreciate for helping making decision.

More Testimonials at Google

Let’s arrange for a visit to Fairview Residence Sungai Ara

Interested with any of the project you saw here in our website ? Just click on the “Message” / “WhatsApp” button and let us know.

We’ll send you detailed info & invite you to the showroom / sales gallery / actual site. 

You can also reach us at +6011-1098 4066

We’ll assist you throughout the process, if you’re happy, just pick up a unit, we have ready bankers & lawyers to assist your loan application & sales & purchase process.

However, if you think our proposal is not able to suit your criteria, do feel free to let us know please don’t say “I’ll consider and come back to you”. We know you wont come back so just let us know so we can help you with our best. Again, we promise, no hard-selling.

Voilà, congratulations, u can sign relevant documents now if everything approves / goes well. Sit back and relax to wait for your keys / vacant possession.

What if loan rejected ? No worry, fully refundable for your booking fees. We’ll let you what could be the potential reason your loan is rejected, and then we start from there to build your profile again ! (Don’t be disappointed, it happens to some of our clients sometimes)

About My Property Deals - Scott Seow

Real Estate Negotiator (REN 43700)

I’m Scott Seow, a real estate negotiator focusing on new projects, sharing of news and updates related to Penang & Malaysia’s property. I’m an detailed & transparent person, what I know will definitely be what you know. Nobody likes hidden fact when it comes to decision-making.

I deliver SHARP DETAIL for my clients throughout the entire property hunting journey. You need sharp detail because of information overload, unorganized, overpromising agent and developers. Right now, having someone who is SHARP & DETAILED is key to your success. Other people do not provide SHARP DETAIL and as a result, you’ll probably experience an incomplete information, confused or even wrong purchase decision!
That is why I am the perfect solution to your problem

You can reach me at +6011-1098 4066 or the contact button in the page or email me at penangpropertydeals@gmail.com if you need my service.

Detail-Oriented Agent.

If you need help to let (rent) or to sell your property please click here or WhatsApp us

About us - My Property Deals - Scott Seow

Fairview Residence update

Fairview Sg ara - contact Scott for more info +6011-1098 4066

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Scott Seow

Scott Seow

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A big thank you to Scott for the exceptional service! He is knowledgeable about the market and even went above and beyond to find properties that matched my criteria. I would highly recommend Scott to anyone in need of a top-notch property consultant. Thank you again for your hard work!

He is currently now my best property consultant which he has so much knowledge and ideas to share with you regarding to properties. He can answer most of the question fast and useful. If you have a very compicated question,find him, his answer will never goes wrong. Super responsive and kind-hearted

Very approachable and provided fast response and advice!

Trustworthy, Fast action, Super patience with customers' enquiries. He even replied my message in the midnight 1AM 😂 Scott 's superb service surely beyond your expectation. Highly recommended for those who need a reliable agent. 👍

Professionally analyse and share the review. Appreciate for helping making decision.

Funny, helpful and very informative guy! 👍🏻

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Scott is a friendly, helpful and patient agent. He provided useful and detailed information that helped me to make the right decision on property. For me he is highly recommended.

Scott has been managing my City of Dreams unit in Penang for nearly a year. He is a very professional and reliable estate agent. Highly recommended!