Grace Residence

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Editor's Review
Jalan Jelutong, Off Tun Dr. Lim Chong Eu Hwy, 11600 Jelutong, Penang
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Nova Mulia Development Sdn Bhd
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Developer of Grace Residence, Nova Mulia Development Sdn Bhd


Infinity pool
Pool deck
Wading pool
Landscaped garden
Exercise area
Community area
Community hall
Children playground
BBQ area
Yoga deck
Sky garden
Dance floor
Steam room
Meditation garden
Viewing deck

Grace Residence is a condominium residence located in Jelutong, Penang. The contemporary development will feature 378 spacious homes within its 44-storey complex, along with the luxuries of modern facilities.

The freehold homes of Grace Residence come in sizeable built-up spaces which range between 1,017 sf to 1,646 sf. Each home will come with 2 allocated parking bays, which is an ever-more important feature for high-rise homes these days.

The myriad of facilities at Grace Residence ensure that residents can find solace in whichever form they like, from fitness facilities like the infinity pool, gym, exercise room, yoga deck, and dance floor, to the steam room, jacuzzi, sauna and meditation garden. Apart from that, there is also a wading pool and children’s playground for the little ones, while the community area, barbecue area and viewing deck are great spaces to entertain and hang out with family and friends.

Situated between Jalan Sultan Azlan Shah and the Tun Dr. Lim Chong Eu Expressway, Grace Residence is within reach of amenities in town and along the busy Jalan Sultan Azlan Shah. Banks, restaurants, hawker centres, mini markets, clinics, and the likes are all easily found, while schools are also aplenty in Jelutong. Some of these include SRJK (C) Sum Sum, SRJK (C) Moh Ghee (main branch), SRJK (C) Kheng Tean, SK Jalan Hamilton, SMJK Heng Ee, SMK Jalan Hamilton, and SMK Heng Ee.

When it comes to accessibility, Grace Residence will enjoy easy access to Georgetown as well as the town of Bayan Lepas, where both Jalan Sultan Azlan Shah and the Tun Dr. Lim Chong Eu Expressway are the main routes connecting to these key areas. However, the downside of living close to these 2 major routes is the heavy traffic along those roads and in the area during peak hours.

Pet Friendly
Eco Friendly (GBI)
Nearby Restaurants

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(Year of Completion)
This project was completed 2 years ago
  • NIL
  • From RM 820,000
  • NIL
  • RM0.20psf
Built Up
1,017 SQ. FT - 1,646 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 (%)
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 %
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 %
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
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 %
Taman Kang Har Tong 2009 RM 375,000 - RM 375,000
RM 535 psf - RM 535 psf
RM 800 - RM 800 NIL 2.72 %
The Spring Oct 2008 RM 500,000 - RM 810,000
RM 505 psf - RM 743 psf
RM 1,100 - RM 1,100 RM 525,000 (RM 566 psf) 2.87 %
6 For Sale in Grace Residence 2 For Rent in Grace Residence 7 For Sale in Aspen Residence 1 For Rent in Aspen Residence 1 For Sale in The H2O 5 For Rent in The H2O 1 For Sale in Richmont Residences 1 For Rent in Richmont Residences

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 566 psf - -
1,000 - 1,500 SQ. FT - - -
1,500 - 2,500 SQ. FT - RM 799 psf -
2,500 - 4,000 SQ. FT - RM 512 psf -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 364 psf
Non Landed Properties
RM 412 psf
Landed Properties
RM 592 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 82,000
    Loan Amount ( 90 %) RM 738,000
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply now
    Monthly Installment
    RM 3,000 ±
    Maintenance Fee
    RM 203 ±
    RM 0.2 psf (1,017 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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