Aspen Residence

Community Reviews
Condominium SoHo/Studio
Editor's Review
Jalan Perak, Jelutong, 11600 Penang
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Rimbaco Sdn Bhd
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Developer of Aspen Residence, Rimbaco Sdn Bhd


Landscaped garden
Children play area
Multipurpose hall

Aspen Residence is a mixed development project situated in Jelutong, Penang. The project is the brainchild of local Penang developer, Aspen Avenue Sdn Bhd, which will see a single block towering 27 storeys encompassing several types of residential and commercial titles.

The commercial titles include shop lots on the ground floor, and SOHO units starting from level 10 to 16 while residences are condominium units occupying levels 17 to 26. In total, Aspen Residence houses 42 SOHO units and 56 condominium units. The condominium element has spacious built-up sizes of 1,270 sf with a standard layout of 3 bedrooms and 2 bathrooms.

Residents can expect top-notch facilities at Aspen Residence. Among those are a gymnasium, swimming pool, jogging track, tennis court and round-the-clock security. Another bonus is that residents of the condominiums will be given allocated parking space for their vehicles in the 7-storey car park.

Residents will find that Aspen Residence is conveniently situated close to a range of amenities, thanks to the already established township of Jelutong. On top of that, there will be a hypermarket operating on the ground floor of the property. If the planned hypermarket within the development is not enough, there is also a Tesco hypermarket nearby. Furthermore, residents can purchase fresh produce from the nearby Jalan Perak Market while there is also a private hospital situated several minutes away from the residence, which is the Lam Wah Ee Hospital.

Additionally, several schools and kindergartens are available within close proximity of Aspen Residence, such as Smart Reader Kids Jelutong, SK Jelutong Barat, SJK (C) Beng Teik Cawangan and D’Monte Childcare. Dining will not be an issue to residents, as there are a number of food and beverage options to choose from, like KFC, Oldtown Kopitiam, Pizza Hut and several others in the area.

Aspen Residence can be accessed via two roads; Lorong Perak and Jalan Terusan. These roads connect residents to other parts of Jelutong, as well as to the frequently-used Tun Dr. Lim Chong Eu Expressway. Residents only need a short drive to take them to Georgetown and the first Penang bridge. Unfortunately, traffic along Lorong Perak is heavily congested during peak hours.

Pet Friendly
Eco Friendly (GBI)
Nearby Restaurants

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2016 Mar
(Year of Completion)
This project was completed 5 years ago
  • From RM 660,000
  • From RM 628,000
  • From RM 1,300
  • NIL
Built Up
From 1,270 SQ. FT
Land Title
Total Blocks
Total Storey
Total Units
Min. 2

Nearby Amenities



Did you know?

Check out the value of surrounding recently completed properties to make the best buying decision.

Property Name Year of Completion Ad Selling Price Ad Rental Price Avg Transacted Price Avg Rental Yield (%)
Aspen Residence Mar 2016 RM 680,000 - RM 860,000
RM 531 psf - RM 619 psf
RM 2,000 - RM 2,000 NIL 3.12 %
Grace Residence 2019 RM 860,000 - RM 1,450,000
RM 522 psf - RM 878 psf
RM 2,200 - RM 2,200 NIL 2.23 %
The H2O 2016 RM 880,000 - RM 880,000
RM 550 psf - RM 550 psf
RM 1,800 - RM 1,800 NIL 2.45 %
D'Mansion 2013 RM 960,450 - RM 1,032,000 NIL NIL NIL
Central Park Mar 2011 RM 1,290,000 - RM 1,800,000
RM 496 psf - RM 692 psf
RM 1,200 - RM 1,200 NIL 2.02 %
Lavender Park Jan 2011 RM 285,000 - RM 325,000
RM 375 psf - RM 464 psf
RM 700 - RM 700 NIL 3.25 %
Richmont Residences 2010 RM 1,200,000 - RM 1,200,000
RM 444 psf - RM 444 psf
RM 2,800 - RM 2,800 NIL 2.8 %
7 For Sale in Aspen Residence 1 For Rent in Aspen Residence 6 For Sale in Grace Residence 2 For Rent in Grace Residence 1 For Sale in The H2O 5 For Rent in The H2O 5 For Sale in Central Park 10 For Rent in Central Park

Did you know?

Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 SQ. FT - - -
500 - 1,000 SQ. FT - - -
1,000 - 1,500 SQ. FT - - -
1,500 - 2,500 SQ. FT - RM 799 psf -
2,500 - 4,000 SQ. FT - - RM 299 psf
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 348 psf
Non Landed Properties
RM 437 psf
Landed Properties
RM 370 psf
Commercial Properties


  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees
  • My Affordability

    Down Payment (10%) RM 66,000
    Loan Amount ( 90 %) RM 594,000
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply now
    Monthly Installment
    RM 3,000 ±
    Maintenance Fee
    N / A
    RM N / A psf (1,270 SQ. FT)
    Total Monthly Expenses
    RM 3,000 ±


    The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.

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