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.
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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 (%) |
|---|---|---|---|---|---|
| Grace Residence | 2019 |
RM600,000
-
RM1,450,000
RM 504 psf - RM 878 psf |
RM1,800 - RM1,800 | NIL | 2.51 % |
| Aspen Residence | Mar 2016 |
RM680,000
-
RM860,000
RM 531 psf - RM 619 psf |
RM1,500 - RM1,500 | NIL | 2.88 % |
| The H2O | 2016 |
RM735,000
-
RM880,000
RM 443 psf - RM 550 psf |
RM1,800 - RM1,800 | NIL | 2.67 % |
| D'Mansion | 2013 | RM960,450 - RM1,032,000 | RM2,100 - RM2,100 | NIL | 3.32 % |
| Richmont Residences | 2010 |
RM1,080,000
-
RM1,080,000
RM 400 psf - RM 400 psf |
RM2,800 - RM2,800 | NIL | 3.11 % |
| Taman Kang Har Tong | 2009 |
RM620,000
-
RM620,000
RM 417 psf - RM 417 psf |
RM800 - RM800 | NIL | 1.65 % |
| The Spring | Oct 2008 |
RM500,000
-
RM810,000
RM 533 psf - RM 783 psf |
RM1,100 - RM1,100 | NIL | 2.87 % |
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 554 psf | - | RM 1,306 psf |
| 1,000 - 1,500 SQ. FT | RM 498 psf | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| 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 |
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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