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Jesselton Villas is an upscale housing estate that is currently under development by the renowned developer, Berjaya Land Sdn Bhd. The project comprises of 3 parcels and all of the villas will be built on freehold luxury bungalow land in Georgetown, Penang.
The first parcel of Jesselton Villas, which was named Kensington Gardens, covers 26 acres of land with 69 bungalow lots. The built-up space in Kensington Gardens starts from 5,995 sf up to 9,634 sf.
Parcel 2 on the other hand is an affordable housing development named Mutiara Jesselton. This development comprises of a 32-storey residential tower and 16 units of shop offices, with indicative launch price starting from RM150,000.
Facilities provided at Jesselton Villas include landscaped parks, jogging tracks and gazebos. As for security, Jesselton Villas is a guarded estate with CCTV surveillance and perimeter fencing surrounding the estate. Moreover, there will be a guard post at the entrance with 24-hour security patrols.
On top of that, as an effort to maintain the essence of a sustainable and green environment, the developer has taken the step to plant some 300 matured trees. Not only that, the project was developed with minimal alteration to the existing natural terrain.
The prime location of the project makes it highly convenient to its residents when it comes to amenities. Situated in the heart of Georgetown, Jesselton Villas is closely connected to shopping malls like The Midlands One Stop, as well as several schools like Union High School, SMK Padang Polo and St Christopher’s International School.
Other amenities nearby include the Penang General Hospital, the Pulau Tikus market, a number of restaurants, eateries, commercial hubs and hotels.
Jesselton Villas will have 2 ways of access, Jalan Brook and Jalan Batu Gantung. The latter road is much lighter when it comes to traffic. To add, residents are connected to Georgetown, which is only an 8 minutes’ drive away. Besides that, it will take the same duration to reach Gurney Drive and 10 minutes to the first Penang bridge.
Public transportation is not available in the estate due to its secluded and gated condition. The nearest bus stop is 20 minutes away by foot.
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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 (%) |
---|---|---|---|---|---|
Jesselton Villas | 2018 | NIL | NIL | NIL | NIL |
Brook Residences | 2015 |
RM20,000,000
-
RM20,000,000
RM 4,000 psf - RM 4,000 psf |
NIL | NIL | NIL |
Scotland Villas | 2004 |
RM1,200,000
-
RM4,500,000
RM 566 psf - RM 825 psf |
RM7,500 - RM7,500 | NIL | 3.24 % |
Menara Kuda Lari | 1999 |
RM365,000
-
RM420,000
RM 435 psf - RM 518 psf |
RM800 - RM800 | NIL | 2.94 % |
Medan Lumba Kuda | 1994 |
RM375,000
-
RM620,000
RM 441 psf - RM 775 psf |
RM950 - RM950 | NIL | 2.86 % |
Taman Harmoni | 1994 | RM550,000 - RM720,000 | RM1,550 - RM1,800 | NIL | 2.98 % |
Scotland Park | 1993 |
RM628,000
-
RM4,000,000
RM 523 psf - RM 1,000 psf |
RM1,600 - RM1,600 | NIL | 0.82 % |
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 | - | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 15,000 |
Loan Amount ( 90 %) | RM 135,000 |
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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