Jelutong Park is a single block residence situated in Jelutong, Penang. The high-rise apartment is located near to several residential complexes such as Sri Jelutong and Mutiara Heights. The 28-storey low-medium-cost residence was built on freehold land, with each unit having built-up spaces of 700 sf with 3 bedrooms and 2 bathrooms.
Facilities that are provided to residents of Jelutong Park are basic. Besides a covered parking area, round-the-clock security is also available on the property for the safety of the occupants.
Despite the limited facilities offered, Jelutong Park has its own advantage. The location of the apartment is undeniably strategic, with several necessities just within walking distance away. The Metro Avenue commercial hub hosts ample amenities such as banks, restaurants, cafes and grocery stores.
Moreover, there is a Tesco hypermarket just 7 to 10 minutes’ drive away from Jelutong Park. Not only that, residents may venture to the nearby wet market for fresh produce. For badminton enthusiasts, the Penang Badminton Association is within close proximity, where residents can attend badminton classes, as well as use the facility.
Jelutong Park is within reach of several educational institutions in the area of Jelutong. Parents may send their children to schools such as SMK Jelutong, SJK (C) Phei Shin, SK Jelutong Barat, and SJK (C) Jelutong.
Moving on to accessibility, Jelutong Park can be accessed via Jalan Hajjah Rahmah or Lorong Madrasah. These roads will connect motorists to Jalan Jelutong. Unfortunately, the traffic in the area is quite heavy especially in the morning when the morning market is operating.
Public transport is available in the area, with a bus station located just along Jalan Jelutong where residents can catch the Rapid Penang busses numbered 301, 302, 303 and 401 which passes through to get to other parts of the city and the island.
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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 (%) |
|---|---|---|---|---|---|
| Jelutong Park | 0 |
RM178,000
-
RM5,400,000
RM 289 psf - RM 1,200 psf |
RM750 - RM750 | NIL | 0.32 % |
| 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 % |
| Pearl Regency | 2013 |
RM780,000
-
RM1,300,000
RM 540 psf - RM 929 psf |
RM1,500 - RM1,500 | NIL | 2.88 % |
| D'Mansion | 2013 | RM960,450 - RM1,032,000 | RM2,100 - RM2,100 | NIL | 3.32 % |
| 27 Green Terraces | 2012 | From RM2,388,000 | NIL | NIL | NIL |
| Central Park | Mar 2011 |
RM1,250,000
-
RM3,000,000
RM 496 psf - RM 692 psf |
RM2,800 - RM2,800 | NIL | 1.92 % |
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 1,306 psf |
| 1,000 - 1,500 SQ. FT | RM 570 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 505 psf | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 22,000 |
| Loan Amount ( 90 %) | RM 198,000 |
| 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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