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Project Memo

Scott Logan Investment Memo

George Town, Penang · RM 486K-1.6M

Tenure

Freehold

Size

500-902 sqft

Developer

Advance Golden Properties

Completion

2028

Total units

311

Type

Serviced Residence

Entry and holding

RM 486K-1.6M. Check nett price, package, maintenance, furnishing and vacancy buffer before booking.

Tenant and exit

Likely target audience: local own-stay families, upgraders or practical renters in the surrounding area. Before booking, compare entry price against nearby completed projects so the resale gap is clear. For rental planning, check realistic furnished rental, maintenance fee and vacancy buffer instead of only gross yield.

Risk notes

Traffic and actual travel time should be checked during weekday peak hour. Final package, rebate, car park allocation and legal fee support can change without notice. Rental estimate should be checked against current completed supply nearby. Construction timeline and VP date should be reconfirmed with the developer.

Cash buffer guide

SPA / legal buffer: RM 4,860

Stamp duty buffer: RM 14,580

Loan agreement buffer: RM 2,430

Renovation / move-in buffer: RM 12,150

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