Real Estate Review: Forest Field Apartment, Penang
Forest Field is an 8-storey apartment at Lorong Air Terjun, Penang. It comprises 52 units on freehold land with a size of 1,066 square feet each. Maintenance fee is RM0.15 per square foot.
This place is a good place to stay if you love to be near the forest. It is a verdant part of George Town, which is an amazing thing considering the city centre is so near. However, there are two drawbacks of staying here. The first is, there are occasional disturbances by monkeys which come out of the forest in search of food. Though monkey attacks are not common, they can be a nuisance.
The second drawback, which happens only once a year, is the annual Thaipusam procession, which makes entering and leaving your apartment impossible. Add to that are the flower fests that takes place at the Penang Botanic Gardens, which also causes roadblocks.
Estimated selling price in 2009 was RM230,000 to RM280,000 while estimated monthly rental is between RM1,000 to RM1,300. By August 2014, prices have risen substantially, with present asking price now between RM650,000 to RM750,000.
Facilities include 24-hour security, parking lot, gymnasium and landscaping.
Forest Field Apartment is 6.3 km from Magazine Circus, making it within the ideal distance for those working in George Town.
There is no Rapid Penang bus passing near this apartment. The nearest route is at Jalan Utama, which is served by Bus 304.
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