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Jelutong Palace is a high-density residential development sitting in the vibrant township of Jelutong. Surrounded with a wide range of public amenities, residents will be able to obtain their daily needs just within few minutes of walking. Apart from retail lots, the Jelutong wet market is also just around the corner, providing convenience for housewives who want to obtain fresh groceries.
Located along Lorong Madrasah, upon exiting this street, residents will immediately find themselves in Lebuhraya Gelugor, where it will then link to the Penang Bridge within 15 minutes of driving. However, during peak hours, residents will have to bear with heavy traffic on the main truck road due to the high number of residences around this vicinity. On a positive note, residents living in higher level units will be able to enjoy the spectacular sea view, while those on the lower levels will be greeted with panoramic cityscape.
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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 (%) |
---|---|---|---|---|---|
Jelutong Palace | 0 |
RM388,000
-
RM420,000
RM 456 psf - RM 600 psf |
RM1,400 - RM1,400 | NIL | 4.16 % |
Grace Residence | 2019 |
RM600,000
-
RM1,450,000
RM 504 psf - RM 878 psf |
RM1,800 - RM1,800 | NIL | 2.51 % |
Aspen Residence | Mar 2016 |
RM680,000
-
RM860,000
RM 531 psf - RM 619 psf |
RM1,500 - RM1,500 | NIL | 2.88 % |
The H2O | 2016 |
RM735,000
-
RM880,000
RM 443 psf - RM 550 psf |
RM1,800 - RM1,800 | NIL | 2.67 % |
D'Mansion | 2013 | RM960,450 - RM1,032,000 | RM2,100 - RM2,100 | NIL | 3.32 % |
27 Green Terraces | 2012 | From RM2,388,000 | NIL | NIL | NIL |
Central Park | Mar 2011 |
RM1,250,000
-
RM3,000,000
RM 496 psf - RM 692 psf |
RM2,800 - RM2,800 | NIL | 1.92 % |
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 1,306 psf |
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 37,000 |
Loan Amount ( 90 %) | RM 333,000 |
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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