Artis 3 puts its own spin on the word “artistry” with its irresistible combination of affordably-priced condominium units, accessible location, contemporary architecture, highly-secure environs and diverse communal and recreation facilities.
The soaring new landmark, expected to be completed by the end of 2019, stands along Jalan Jelutong, Jelutong’s main road that divides the area into two halves. Artis 3 consists of three residential blocks, namely Posh, Urban and Metro, with 34, 26 and 17 levels respectively.
Buyers have a choice of 700 sf units (Urban), 1,200 sf to 1,250 sf units (Metro), 1,100 sf to 1,250 sf units (Posh) as well as 1,900 sf penthouse units crowning the Posh block. With the exception of the two-bedroom units in the Urban block, the rest of the Artis 3 units come with three bedrooms and two bathrooms.
Considering the moderate pricing of the units, Artis 3 is extremely generous with its facilities, which are spread over three floors. Sports lovers can look forward to the facilities like the squash court, badminton court, gym room, jogging track, infinity pool and outdoor gym, while those who prefer indoor activities will enjoy spaces like the reading corner, game room and sauna. A multipurpose hall and BBQ corner is great for social gatherings and occasions.
The development is adjacent to the Altus commercial development by the same developer, which will have 31 storeys of shop lots and small office home office (SoHo) units when it is completed. Artis 3 is also less than 5km away from the e-Gate commercial complex and the ritzy up-and-coming Karpal Singh Drive.
For grocery shopping, there is a vibrant morning market as well as Tesco e-Gate in Jelutong. The area is poised to see even more development over the next few years thanks to its excellent transportation connectivity and proximity to mainland Penang as well as other parts of the island.
As Jelutong is located between Georgetown and other townships in the east and southeast of the Penang Island, the condominium is an ideal base for working professionals. Families with school-age children will also appreciate the wide range of educational institutions available in the surrounding area, such as SRJK (C) Jelutong, SMK Haji Zainul Abidin, SK Jelutong Barat and SMK Jelutong.
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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 (%) |
|---|---|---|---|---|---|
| Artis 3 | Dec 2019 |
RM459,000
-
RM950,000
RM 502 psf - RM 760 psf |
RM1,900 - RM1,900 | NIL | 3.53 % |
| Setia Sky Ville | Apr 2021 |
RM730,000
-
RM850,000
RM 686 psf - RM 733 psf |
RM1,700 - RM1,700 | NIL | 2.96 % |
| 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 % |
| Richmont Residences | 2010 |
RM1,080,000
-
RM1,080,000
RM 400 psf - RM 400 psf |
RM2,800 - RM2,800 | NIL | 3.11 % |
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 554 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 20,000 |
| Loan Amount ( 90 %) | RM 180,000 |
| 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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