Mutiara Place

Condominium
Lorong Delima 13, Island Glades, 11700 Greenlane, Penang
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Facilities

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

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.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants


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2003
(Year of Completion)
This project was completed 16 years ago
  • NIL
  • From RM 580,000
  • From RM 1,149
  • RM165/month
Built Up
1,130 sq ft - 1,141 sq ft
Land Title
Residential
Tenure
Freehold
Total Blocks
2
Total Storey
19
Total Units
142
Parking
NIL

Nearby Amenities

(CLICK THE MAP BELOW TO USE MAP & NEARBY AMENITIES)

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Did you know?

Check out the value of surrounding upcoming properties to make the best buying decision.

Property Name Year of Completion Launch Price Ad Selling Price
Mutiara Place 2003 NIL RM 530,000 - RM 650,000
RM 441 psf - RM 577 psf
Beverly Heights 2016 RM 4,884,000 - RM 6,325,000 RM 2,750,000 - RM 3,380,000
RM 480 psf - RM 680 psf
4 For Sale in Mutiara Place 1 For Rent in Mutiara Place 2 For Sale in Beverly Heights

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 RM 530,000 - RM 650,000
RM 441 psf - RM 577 psf
RM 1,500 - RM 1,500 NIL 2.72 %
Raffel Tower Dec 2015 RM 830,000 - RM 1,300,000
RM 561 psf - RM 914 psf
RM 1,500 - RM 1,500 NIL 3.1 %
Raffel Residence 199 2015 RM 1,680,000 - RM 1,800,000
RM 466 psf - RM 500 psf
RM 2,300 - RM 2,300 NIL 1.59 %
Centrio Avenue 2013 RM 348,000 - RM 350,000
RM 535 psf - RM 538 psf
RM 700 - RM 700 NIL 2.58 %
Pulse Aug 2012 RM 345,000 - RM 430,000
RM 419 psf - RM 503 psf
RM 900 - RM 900 NIL 5.34 %
The Oasis 2012 RM 520,000 - RM 788,000
RM 467 psf - RM 709 psf
RM 1,300 - RM 1,300 NIL 2.94 %
27 Green Terraces 2012 From RM 2,388,000 NIL NIL NIL
4 For Sale in Mutiara Place 1 For Rent in Mutiara Place 17 For Sale in Raffel Tower 14 For Rent in Raffel Tower 3 For Sale in Raffel Residence 199 1 For Rent in Raffel Residence 199 3 For Sale in Centrio Avenue 21 For Rent in Centrio Avenue

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 620 psf RM 769 psf -
1,500 - 2,500 sq ft - RM 477 psf -
2,500 - 4,000 sq ft - RM 395 psf -
4,000 sq ft and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 352 psf
Non Landed Properties
RM 634 psf
Landed Properties
RM 917 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 58,000
    Loan Amount ( 90 %) RM 522,000
    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 165 ±
    RM 165.0 psf (1,130 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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