Edgecumbe House is a high-rise residence located in Pulau Tikus, Penang. Completed in 1996, the 15-storey single complex looks well-kept, housing 54 condominium homes within. The property is located in the vicinities of 2 other condominium residences known as Edgecumbe Court, and also Well Court.
The freehold homes of Edgecumbe House come in built-up spaces of between 850 sf and 1,000 sf, which is ample enough for individuals, couples and even a small family of three to four person. Parking bays within the confines of the property is the only facility provided, though the good news is that the spaces are shaded. Entrance to the residence is also guarded, with 24-hour security.
On the subsale market, units for sale begin from RM688,000 despite its age, most likely due to its location in Pulau Tikus. Rental is also considerably high, at rates starting from RM1,700 per month.
Edgecumbe House is situated between the main roads of Jalan Burma and Jalan Kelawai, where the numerous shop lots along the 2 routes house amenities like convenience stores, restaurants, hawker centres, clinics, and more. Popular shopping malls like Gurney Plaza and Gurney Paragon are also just about 5 minutes’ drive away, where grocery stores and an even wider choice of food and beverage outlets can be found. To add, there are also schools like St. Christopher’s International School, SMK Westlands, SK Jalan Residensi, Odyssey The Global Preschool nearby. A stone’s throw away are also the Gleneagles Penang Medical Centre, Island Hospital and the Loh Guan Lye Specialist Centre.
Jalan Burma and Jalan Kelawai are just some of the major roadways which enable convenient accessibility to and from Edgecumbe House, where Jalan Burma leads straight to the Georgetown city centre while Jalan Kelawai leads up towards Gurney Drive and Jalan Tanjung Tokong. Jalan Perak not too far off also connects to Jalan Sultan Azlan Shah, heading south to the first Penang bridge and the town of Bayan Lepas.
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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 (%) |
|---|---|---|---|---|---|
| Edgecumbe House | 1996 |
RM495,000
-
RM850,000
RM 495 psf - RM 975 psf |
RM2,300 - RM2,300 | NIL | 3.98 % |
| Y Cantonments | Mar 2017 | RM3,800,000 - RM5,504,875 | NIL | NIL | NIL |
| Mansion One | 2015 |
RM600,000
-
RM1,300,000
RM 604 psf - RM 1,385 psf |
RM1,500 - RM1,500 | NIL | 3.65 % |
| The Manor | Dec 2013 | From RM5,050,000 | RM6,000 - RM6,000 | NIL | NIL |
| 8 Gurney | 2013 |
RM3,700,000
-
RM6,380,000
RM 464 psf - RM 686 psf |
RM8,500 - RM8,500 | NIL | 2.8 % |
| Gurney Paragon | Sept 2011 |
RM2,750,000
-
RM4,500,000
RM 878 psf - RM 1,214 psf |
RM5,500 - RM5,500 | NIL | 2.38 % |
| H Residence | 2009 |
RM1,800,000
-
RM2,800,000
RM 360 psf - RM 560 psf |
RM7,000 - RM7,000 | NIL | 3.0 % |
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 | RM 747 psf | - | RM 585 psf |
| 1,000 - 1,500 SQ. FT | RM 816 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 1,168 psf | RM 2,000,000 psf | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | RM 853 psf | - | RM 6,150,000 psf |
Note:
| Down Payment (10%) | RM 68,800 |
| Loan Amount ( 90 %) | RM 619,200 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Disclaimer
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.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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