Vertiq is one of the latest residential developments of Gelugor, soaring majestically and prominently in Metro East. Offering a signature lifestyle, this condominium also neighbours similar developments within close proximity, such as BaysWater, Jade View and Pearl Regency.
Enjoying its prime location, residents here live in a thriving and popular commercial hub which is located within minutes of entertainment outlets. As this residential development is situated close to several education institutions and comes with varying built-up sizes that suits all walks of lives, Vertiq is a home buyer's dream.
Connectivity-wise, Vertiq is situated close to many established and prominent neighbourhoods such as Georgetown, Green Lane and Bayan Indah. The Penang Bridge is only 5 minutes away by car, providing easy access to the mainland of Penang.
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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 (%) |
---|---|---|---|---|---|
Vertiq | 2015 |
RM 770,000
-
RM 1,900,000
RM 591 psf - RM 944 psf |
RM 1,500 - RM 1,500 | NIL | 2.7 % |
UDINI Square | 2014 | NIL | RM 678 - RM 17,130 | NIL | NIL |
Pearl Regency | 2013 |
RM 780,000
-
RM 1,300,000
RM 554 psf - RM 929 psf |
RM 1,500 - RM 1,500 | NIL | 2.83 % |
D'Mansion | 2013 | RM 960,450 - RM 1,032,000 | NIL | NIL | NIL |
Pulse | Aug 2012 |
RM 345,000
-
RM 420,000
RM 402 psf - RM 498 psf |
RM 900 - RM 900 | NIL | 2.75 % |
The Oasis | 2012 |
RM 515,000
-
RM 730,000
RM 461 psf - RM 657 psf |
RM 1,300 - RM 1,300 | NIL | 3.28 % |
27 Green Terraces | 2012 | From RM 2,388,000 | 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 | - | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 54,000 |
Loan Amount ( 90 %) | RM 486,000 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
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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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