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Well Court is a low-rise condominium residence located in Pulau Tikus, Penang. Though the exact age of the property is unknown, it is estimated to have been built in the late 1990s to early 2000s, much like the other residences nearby such as Edgecumbe House and Edgecumbe Court.
Standing at just 6 storeys tall, Well Court houses just 18 units, making it low-density and thus ensuring much more privacy. The freehold homes come in a standard built-up size of 1,400 sf. The property provides parking spaces within its confines, with 24-hour security.
The homes of Well Court are priced from RM480,000 on the subsale market, which is considerably lower compared to other residences of similar age and facilities in the area, where prices of 800 sf to 1,000 sf condominiums may cost RM600,000 and more. Rental is also slightly lower than most, starting from RM1,500 per month.
Amenities are aplenty in the vicinities of Well Court, where commercial shop lots along the nearby Jalan Burma and Jalan Kelawai house conveniences like restaurants, hawker centres, mini markets, banks, clinics and the likes. More grocery stores, retail outlets, food and beverage and even entertainment can be found in malls like Gurney Plaza and Gurney Paragon not too far off. Schools like St. Christopher’s International School, SMK Westlands, SK Jalan Residensi, as well as hospitals like the Gleneagles Penang Medical Centre, Island Hospital and the Loh Guan Lye Specialist Centre are also within reach.
Accessibility to and from Well Court is enable through Jalan Burma, Jalan Kelawai and many others which make up the extensive network of roads on the island. Jalan Burma connects to the centre of Georgetown just about 15 minutes away, where Pengkalan Weld and Jalan Sultan Azlan Shah are not too far off, connecting to the first Penang bridge. Jalan Kelawai links to Gurney Drive and Jalan Tanjung Tokong heading towards Batu Ferringhi.
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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 (%) |
---|---|---|---|---|---|
Well Court | 0 | From RM480,000 | From RM1,500 | NIL | NIL |
Y Cantonments | Mar 2017 | RM3,800,000 - RM5,504,875 | NIL | NIL | NIL |
Mansion One | 2015 |
RM600,000
-
RM1,300,000
RM 604 psf - RM 1,385 psf |
RM1,500 - RM1,500 | NIL | 3.65 % |
The Manor | Dec 2013 | From RM5,050,000 | RM6,000 - RM6,000 | NIL | NIL |
8 Gurney | 2013 |
RM3,700,000
-
RM6,380,000
RM 464 psf - RM 686 psf |
RM8,500 - RM8,500 | NIL | 2.8 % |
Gurney Paragon | Sept 2011 |
RM2,750,000
-
RM4,500,000
RM 878 psf - RM 1,214 psf |
RM5,500 - RM5,500 | NIL | 2.38 % |
H Residence | 2009 |
RM1,800,000
-
RM2,800,000
RM 360 psf - RM 560 psf |
RM7,000 - RM7,000 | NIL | 3.0 % |
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 747 psf | - | RM 585 psf |
1,000 - 1,500 SQ. FT | RM 816 psf | - | - |
1,500 - 2,500 SQ. FT | RM 1,168 psf | RM 2,000,000 psf | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | RM 853 psf | - | RM 6,150,000 psf |
Note:
Down Payment (10%) | RM 48,000 |
Loan Amount ( 90 %) | RM 432,000 |
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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