Mutiara Place

Lorong Delima 13, Island Glades, 11700 Greenlane, Penang
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Chinese ad 4621 326x150 01


Swimming pool
Wading pool
Tennis court
Jogging track
Landscape garden
Covered parking

Property Details

(Year of Completion)
This project was completed 19 years ago
From RM580,000
From RM1,149
Built Up
1,130 SQ. FT - 1,141 SQ. FT
Land Title
Total Blocks
Total Storeys
Total Units


Mutiara Place in Gelugor, Penang, is a freehold apartment residence spanning two 19-storey complexes. Located along Lorong Delima 13 by a small hill, residents get to enjoy views of greenery while those who stay on higher floors will of course, get better views of the first Penang bridge and the sea.

The complex comes with a reasonable density of 142 units sized from 1,130 sf to 1,141 sf. Mutiara Place homes are available on the market for prices of around RM580,000 while rental prices are at about RM1,149.

Facilities in the property can be considered good with a large swimming pool, wading pool, tennis court, jogging track, gymnasium, designated parking bays and landscaped gardens. Security is also ensured by patrolling guards and 24-hour surveillance.

Other amenities in the proximity of Mutiara Place also does not disappoint as there are the usual cafes, restaurants, clinics, banks, and the likes situated along Jalan Bukit Gambier. There is also a Tesco hypermarket which is only 10 minutes away. To add, various tourist attraction spots and major hubs like the Stadium Bandaraya Pulau Pinang, Penang Hill, and the Kompleks Belia dan Sukan Pulau Pinang are just under 5 km away.

There are various schools in the area like SK Jelutong Barat, SK Minden Height, and also various kindergartens such as Smart Reader Kids, Jet Kinderland, and many more. Universiti Sains Malaysia down south of Mutiara Place is also approximately 10 minutes away.

Accessibility is great as the property is placed midway of everything. Access is easy to the first Penang bridge, Bayan Baru, and also Georgetown. The main roads which residents of Mutiara Place will be using most often would be Jalan Bukit Gelugor, Jalan Bukit Gambir, Jalan Yeap Chor Ee, and of course the Jelutong Highway itself. Those who want to take public transportation will be able to use the Rapid Penang buses and various taxi services that frequent the area.

Given the convenient location of Mutiara Place which links to many different key locations like the city centre, the first Penang bridge and Bayan Lepas, the property will do very well in the market as an investment for renting purposes while those wanting it as an actual home to stay in, will also not be disappointed.

Pet Friendly
Eco Friendly (GBI)
Nearby Restaurants

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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 (%)
Mutiara Place 2003 RM649,000 - RM650,000
RM 540 psf - RM 541 psf
RM1,500 - RM1,500 NIL 2.47 %
Raffel Tower Dec 2015 RM777,600 - RM1,600,000
RM 555 psf - RM 1,000 psf
RM2,800 - RM2,800 NIL 3.43 %
Raffel Residence 199 2015 From RM1,600,000 RM2,500 - RM2,500 NIL NIL
Centrio Avenue 2013 RM315,000 - RM350,000
RM 463 psf - RM 514 psf
RM700 - RM700 NIL 3.25 %
Pulse Aug 2012 RM345,000 - RM420,000
RM 396 psf - RM 498 psf
RM900 - RM900 NIL 2.75 %
The Oasis 2012 RM515,000 - RM730,000
RM 461 psf - RM 657 psf
RM1,300 - RM1,300 NIL 3.28 %
27 Green Terraces 2012 From RM2,388,000 NIL NIL NIL

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 RM 400 psf - -
1,500 - 2,500 SQ. FT - - -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - RM 400 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 354 psf
Non Landed Properties
RM 626 psf
Landed Properties
RM 1,049 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 58,000
Loan Amount ( 90 %) RM 522,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
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Monthly Installment
RM 3,000 ±
Maintenance Fee
RM 165 ±
RM 165.0 psf (1,130 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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