|Loan Amount (80% of price):||RM 248,000|
|Effective Interest Rate:||6.6%|
|Term of Loan:||30 years|
|Monthly Payment:||RM 1,584|
Ayer Itam or Air Itam, most famous for its dam, is located on Penang Island, Penang. Reason why the dam has gained such popularity is because it is the first ever dam to be built in that part of the state. Furthermore, it provides good space around it for recreational activity such as jogging and hiking. The dam is also open for visitors to explore. Other than its beautifully constructed dam, the town is also well known for its Chinese temple named Kek Lok Si.
Translating to supreme bliss, it certainly imparts as it suggests with its unique fusion architecture, combining Buddhist and Taoist influences. Not to be excluded, the town also has a Methodist church, a Hindu Temple and a mosque named Masjid Negeri. Ayer Itam also offers residents all they need in terms of convenience shopping (Sunshine Fairlim Supermarket), banks (Maybank), primary and secondary schools along with the IHM clinic. The area provides Rapid Penanag bus service.