Jermal Jaya

Apartment
No. 9, Jalan Bagan Jermal, 10250 Pulau Tikus, Penang
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Jermal Jaya is an apartment development located on the fringes of Pulau Tikus, Penang. The property is fairly well-maintained, with slight sign of wear and tear, hinting at its age since being completed in 1997.

The residence is made up of just 1 block, with 7 storeys holding 46 units. The homes are amply sized, at 900 sf, with all units sharing a standard 3 bedrooms and 2 bathrooms layout. Jermal Jaya provides parking lots for use by residents, while 24-hour security is also provided.

Jermal Jaya may not be able to fetch prices as high as most apartment and condominium residences of similar size, facilities and age in the centre of Pulau Tikus, given its location. However, the homes can still fetch decent prices, with units for sale on the market beginning from RM570,000. Rental is also considerably high, at RM1,600 per month.

Situated off Jalan Bagan Jermal, Jermal Jaya is within reach of certain amenities along the road, such as eateries and a veterinarian. More amenities can be found along Jalan Burma not too far off, where the many commercial lots offer restaurants, eateries, hawker centres, clinics, banks and the likes. Schools in the vicinities include the Penang Chinese Girls’ High School, while the Penang Adventist Hospital is close at hand. Shopping malls such as Gurney Plaza and Gurney Paragon are also just a short distance away at Gurney Drive.

Jermal Jaya is located along Jalan Bagan Jermal, which ends at an intersection branching out to Jalan Tanjung Tokong (to Batu Ferringhi), Gurney Drive and Jalan Kelawai. While on the other end of Jalan Bagan Jermal is Jalan Burma, which connects the property to the Georgetown city centre. Further down along the aforementioned road is Weld Quay and the Tun Dr. Lim Chong Eu Expressway, which links to the first Penang bridge as well as towns like Bayan Lepas.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants
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1997
(Year of Completion)
This project was completed 23 years ago
  • NIL
  • From RM 570,000
  • From RM 1,600
  • RM90/month
Built Up
From 900 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
1
Total Storey
7
Total Units
46
Parking
NIL

Nearby Amenities

(CLICK HERE TO USE MAP)

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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 Jaya 1997 From RM 570,000 RM 1,500 - RM 1,500 NIL NIL
Gurney Paragon Sept 2011 RM 2,750,000 - RM 4,500,000
RM 878 psf - RM 1,209 psf
RM 6,300 - RM 6,300 NIL 2.68 %
Taman Kristal 2002 RM 290,000 - RM 450,000
RM 386 psf - RM 642 psf
RM 850 - RM 850 NIL 3.49 %
Marina Bay 2001 RM 580,000 - RM 1,200,000
RM 450 psf - RM 681 psf
RM 1,500 - RM 1,500 NIL 5.49 %
Gurney Park 1999 RM 650,000 - RM 850,000
RM 670 psf - RM 850 psf
RM 600 - RM 600 NIL 2.8 %
The Regency 1999 RM 2,900,000 - RM 4,500,000
RM 717 psf - RM 900 psf
RM 4,800 - RM 4,800 NIL 1.87 %
Grand View 1998 RM 570,000 - RM 1,068,000
RM 445 psf - RM 608 psf
RM 1,500 - RM 1,500 NIL 2.84 %
1 For Rent in Jermal Jaya 16 For Sale in Gurney Paragon 23 For Rent in Gurney Paragon 27 For Sale in Taman Kristal 42 For Rent in Taman Kristal 18 For Sale in Marina Bay 31 For Rent in Marina Bay

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 - - -
1,000 - 1,500 SQ. FT - - -
1,500 - 2,500 SQ. FT - - -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 627 psf
Non Landed Properties
RM 691 psf
Landed Properties
RM 546 psf
Commercial Properties

Note:

  • 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 57,000
    Loan Amount ( 90 %) RM 513,000
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply now
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    RM 90 ±
    RM 90.0 psf (900 SQ. FT)
    Total Monthly Expenses
    RM 3,000 ±

    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.

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