3 Residence

Condominium Serviced Residence Shop Office
Lebuh Sungai Pinang 1, 11600 Jelutong, Penang
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Developer

IJM Land Berhad
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Developer of 3 Residence, IJM Land Berhad

3 Residence is an ongoing mega-project by the renowned Malaysian developer, IJM Land. The development is situated along Lebuh Sungai Pinang 1 at Karpal Singh Drive. Currently, the condominium is still in its planning phase, thus, most of the details about the project are yet to be announced. However, what is known is that the project will be developed in two phases.

The first phase of 3 Residence will feature 2 blocks of 47-storey tall condominium residences, whereas the second phase is a 31-storey building with 6 levels of offices and a 330-room hotel. Homeowners of 3 Residence can expect the common facilities featured in a luxury condominium. Each unit of 3 Residence is estimated to be launched at prices of RM650,000 onwards.

The surrounding area of 3 Residence is very lively, with neighbouring residences such as Ocean View Condominium, The Summer Place, Nautilus Bay, The Spring and The Maritime residence. All of the mentioned residentials are high-end developments, which portray the status of Karpal Singh Drive that hosts mostly luxurious condominiums in the area. Besides that, Karpal Singh Drive is also known for its seaside promenade. Residents of 3 Residence will definitely have the opportunity to enjoy the relaxing breeze of the ocean as they sip on their coffee in one of the cafes along the promenade.

3 Residence is a home which enables complete convenience as most amenities are just minutes away from the residence. There is a mall called The Maritime Piazza Auto Mall located along the promenade. There are also various food and beverages outlets available there and it is starting to become quite a popular location. To add, there is a petrol station, a food court, fast-food outlet, several clinics and other amenities around the vicinity too.

In terms of accessibility, residents of 3 Residence can gain access to Georgetown by the Tun Dr Lim Chong Eu Expressway. The same route can also lead to the first Penang bridge, the Penang International Airport and even the second Penang bridge. Travelling within the Jelutong area via public transport should also not be a problem as the Rapid Penang bus service operates in the area.

24-hour
Security
No
Pet Friendly
No
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  • From RM 650,000
  • NIL
  • NIL
  • NIL
Built Up
-
Land Title
Mixed
Tenure
Leasehold
Total Blocks
3
Total Storey
47
Total Units
478
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
3 Residence 0 From RM 650,000 NIL
Sandiland Foreshore 2020 RM 72,500 - RM 400,000 RM 770,000 - RM 830,000
RM 575 psf - RM 620 psf
7 For Sale in Sandiland Foreshore 4 For Rent in Sandiland Foreshore

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 (%)
3 Residence 0 NIL NIL NIL NIL
The H2O 2016 RM 800,000 - RM 900,000
RM 500 psf - RM 562 psf
RM 1,500 - RM 1,500 NIL 2.33 %
The Maritime Feb 2014 RM 560,000 - RM 930,000
RM 800 psf - RM 1,016 psf
RM 3,500 - RM 3,500 NIL 6.44 %
Hexagon Tech Park 2013 From RM 288,400 From RM 1,540 NIL NIL
Summer Place 2011 RM 615,000 - RM 1,100,000
RM 607 psf - RM 785 psf
RM 1,450 - RM 1,450 NIL 2.76 %
Sri Saujana Apartment 2009 RM 160,000 - RM 260,000
RM 290 psf - RM 472 psf
RM 750 - RM 750 NIL 6.14 %
Desa Pinang 2 2009 RM 170,000 - RM 300,000
RM 274 psf - RM 476 psf
RM 700 - RM 700 NIL 3.61 %
2 For Sale in The H2O 11 For Rent in The H2O 6 For Sale in The Maritime 2 For Rent in The Maritime 2 For Rent in Hexagon Tech Park 19 For Sale in Summer Place 27 For Rent in Summer Place

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 666 psf - RM 159 psf
1,500 - 2,500 sq ft - - -
2,500 - 4,000 sq ft - - -
4,000 sq ft and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 309 psf
Non Landed Properties
RM 680 psf
Landed Properties
RM 353 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 65,000
    Loan Amount ( 90 %) RM 585,000
    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
    N / A
    RM N / A psf ()
    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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