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Jermal Court is an apartment residence built in 1996, located in Pulau Tikus, Penang. The single complex of the property is sizeable, with just a total of 4 storeys but housing 40 units within. The residence looks well-maintained, though understandably with some slight visible signs of its age.
Jermal Court was built over freehold land, with all of the homes built in a standard 900 sf with 3 bedrooms and 2 bathrooms. Within the grounds of the development are a parking lot, as well as landscaped garden, while 24-hour security is provided.
Though the location of Jermal Court is considered to be in Pulau Tikus, the property is in actuality on the edge of the neighbourhood, along Jalan Bagan Jermal. Some amenities can be found along Jalan Bagan Jermal, but more conveniences like banks, restaurants, hawker centres, clinics and more will require a short drive to the commercial hubs and malls down Jalan Burma. Amenities nearby include the Penang Chinese Girls’ High School, the Penang Adventist Hospital, and the Midlands One Stop commercial hub. Gurney Drive is just a short drive down Jalan Bagan Jermal, where shopping malls, namely, Gurney Plaza and Gurney Paragon can be found.
In terms of accessibility, Jermal Court is reachable to and from the Georgetown city centre via Jalan Burma, while after passing through the city centre are Weld Quay and the Tun Dr. Lim Chong Eu Expressway where the first Penang bridge and even Bayan Lepas can be accessed. On the other hand, down Jalan Bagan Jermal is an intersection where Jalan Tanjung Tokong (to Batu Ferringhi), Gurney Drive and Jalan Kelawai meet.
Given its location not too much in the centre of Pulau Tikus, the homes of Jermal Court do not fetch prices as high as other properties in the core of the neighbourhood. Subsale prices begin from RM595,000 while rental is quite high for its location, at RM1,800 a month.
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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 (%) |
---|---|---|---|---|---|
Jermal Court | 1996 | From RM595,000 | RM1,500 - RM1,500 | NIL | NIL |
The Manor | Dec 2013 | From RM5,050,000 | RM6,000 - RM6,000 | NIL | NIL |
Gurney Paragon | Sept 2011 |
RM2,750,000
-
RM4,500,000
RM 878 psf - RM 1,214 psf |
RM5,500 - RM5,500 | NIL | 2.38 % |
Taman Kristal | 2002 |
RM280,000
-
RM450,000
RM 386 psf - RM 642 psf |
RM800 - RM800 | NIL | 3.28 % |
Marina Bay | 2001 |
RM550,000
-
RM1,200,000
RM 408 psf - RM 644 psf |
RM1,500 - RM1,500 | NIL | 5.59 % |
Gurney Park | 1999 |
RM650,000
-
RM850,000
RM 670 psf - RM 876 psf |
RM1,300 - RM1,300 | NIL | 3.36 % |
The Regency | 1999 |
RM2,900,000
-
RM3,800,000
RM 717 psf - RM 850 psf |
RM5,000 - RM5,000 | NIL | 2.1 % |
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 549 psf | - | - |
1,000 - 1,500 SQ. FT | RM 483 psf | - | - |
1,500 - 2,500 SQ. FT | RM 937 psf | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | RM 853 psf | - | - |
Note:
Down Payment (10%) | RM 59,500 |
Loan Amount ( 90 %) | RM 535,500 |
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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