Mutiara Court

Apartment
Lorong Delima 20, 11700 Gelugor, Penang
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Facilities

Covered car park
Landscaped garden

Mutiara Court in Gelugor, Penang is a freehold apartment development comprising 6 distinct blocks, each with a height of 3 storeys. This medium density property has been in the market since 1989 but is still holding up well. This is a walk-up property as there are no elevators available.

The apartment units have a built-up area of 960 sf and a total of 186 units. Each unit comes with 3 bedrooms and 2 bathrooms, which may very well be enough for a small family. Since its inception till today, most units have been occupied, hence many units for sale or rent will come fully furnished. Facilities are the barest with only a carpark, landscaped garden and 24-hour security provided, which is maintained through a fee of RM70 per month from each unit.

However, amenities are plentiful along Jalan Bukit Gambier where the property is situated, where residents will find the regular cafes, banks, clinics, restaurants, and much more in the shop lots nearby. It is also good to note that the Lam Wah Ee Hospital and Bukit Dumbar Park are also within a short drive’s distance.

There is also a good choice of schools in the area, and residents can pick from institutions like the SK Jelutong Barat, University Sains Malaysia, Hamid Khan Secondary School, Datuk Hj. Mohd Nor Ahmad Secondary School and Bukit Gambir Primary and Secondary Schools.

Accessibility is one of the key selling points of Mutiara Court as it is placed in the heart of Gelugor. The property is accessible through Jalan Yeap Chor Ee, which connects to Jalan Masjid Negeri and Jalan Sultan Azlan Shah.

Major hubs like Queensbay Mall, Georgetown, Bayan Lepas, a Tesco hypermarket are all within 10 minutes’ drive, as can be said about the Penang Bridge. Public transportation is also available with Rapid Penang buses travelling up and down the main roads around the property.

Mutiara Court may have been around for a while but the location is still one of the major factors when considering this property. The condominium residence may be an ideal home to own and stay in and doubles as a great investment too. Ideally, one might not opt for the third floor as this is a walk-up property, which in the long run, may be a little tiresome.

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


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1989
(Year of Completion)
This project was completed 30 years ago
  • NIL
  • From RM 510,000
  • From RM 1,100
  • RM70/month
Built Up
From 960 sq ft
Land Title
Residential
Tenure
Freehold
Total Blocks
6
Total Storey
3
Total Units
186
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 Court 1989 NIL RM 538,000 - RM 950,000
RM 554 psf - RM 863 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
Nadayu 290 2017 RM 650,000 - RM 1,300,000 NIL
Middleton 2019 NIL RM 700,000 - RM 700,000
RM 992 psf - RM 992 psf
5 For Sale in Mutiara Court 2 For Rent in Mutiara Court 2 For Sale in Beverly Heights 1 For Sale in Middleton

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 Court 1989 RM 538,000 - RM 950,000
RM 554 psf - RM 863 psf
RM 1,100 - RM 1,100 NIL 1.74 %
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
5 For Sale in Mutiara Court 2 For Rent in Mutiara Court 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 347 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 51,000
    Loan Amount ( 90 %) RM 459,000
    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 70 ±
    RM 70.0 psf (960 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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    Cleanliness
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