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Kota Emas is an apartment residence built on freehold land in the town of Jelutong, Penang. The high-density, high-rise residence was completed in 2003, housing a total of 357 units within its 22-storey single block.
The homes of Kota Emas come in a standard variant, where each unit measures 700 sf with 3 bedrooms and 2 bathrooms. The facilities offered at the property though minimal, are ample enjoyment for its residents. These include a multi-level parking lot, landscaped garden, swimming pool, and community hall. On top of that, 24-hour security is also available.
In terms of amenities, the town of Jelutong provides plenty of conveniences, all within reach of Kota Emas. Eateries, hawker centres, mini markets, clinics, a post office, and more are just a few minutes’ drive from the property. Schools are also aplenty in the area, such as SMJK Heng Ee, SMK Heng Ee, SK Jalan Hamilton, SMK Jalan Hamilton, SRJK (C) Kheng Tean, SRJK (C) Moh Ghee (main branch) and SRJK (C) Sum Sum among others.
Due to the extensive network of roads and lanes within the neighbourhood, Kota Emas enjoys convenient access to other parts of town, the city and the island. Jalan Perak and Jalan Sungai Pinang nearby connect straight to Jalan Sultan Azlan Shah, which leads to Georgetown up north, the first Penang bridge, as well as the town of Bayan Lepas down south. Up Jalan Perak is also Jalan Burma, near Gurney Drive.
Given its location, Kota Emas is understandably, coveted by those who work in the city as well as Bayan Lepas, looking for decent and affordable homes. Units for sale on the market can be found at prices beginning from RM338,000, while rental is about RM750 per month.
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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 (%) |
---|---|---|---|---|---|
Kota Emas | 2003 |
RM395,000
-
RM410,000
RM 564 psf - RM 585 psf |
RM1,000 - RM1,000 | NIL | 3.13 % |
Setia Sky Ville | Apr 2021 |
RM730,000
-
RM850,000
RM 686 psf - RM 733 psf |
RM1,700 - RM1,700 | NIL | 2.96 % |
The H2O | 2016 |
RM735,000
-
RM880,000
RM 443 psf - RM 550 psf |
RM1,800 - RM1,800 | NIL | 2.67 % |
86 Avenue Residences | 2014 |
RM810,000
-
RM810,000
RM 600 psf - RM 611 psf |
RM1,350 - RM1,350 | NIL | 2.7 % |
Hexagon Tech Park | 2013 | From RM288,400 | From RM1,540 | NIL | NIL |
Lavender Park | Jan 2011 |
RM280,000
-
RM380,000
RM 400 psf - RM 503 psf |
RM700 - RM700 | NIL | 3.18 % |
Birch The Regency | 2009 |
RM445,000
-
RM750,000
RM 468 psf - RM 736 psf |
RM1,400 - RM1,400 | NIL | 4.04 % |
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 | - | - | RM 494 psf |
500 - 1,000 SQ. FT | RM 537 psf | - | RM 1,306 psf |
1,000 - 1,500 SQ. FT | RM 498 psf | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 33,800 |
Loan Amount ( 90 %) | RM 304,200 |
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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