Fortune Park

Shop Office Factory
Off Lebuhraya Tun Dr. Lim Chong Eu, 11600 Jelutong, Penang
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Developer

IJM Land Berhad
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Developer of Fortune Park, IJM Land Berhad

Fortune Park is a commercial development located in Jelutong, Penang. The several rows of double-storey commercial blocks house shop lots, offices as well as factory units for light industrial use.

The leasehold units at Fortune Park begin at built-up sizes of about 1,400 sf. Subsale prices are considerably high, at beginning prices of at least RM1,900,000 while rental is a monthly RM4,200.

Most of the units at Fortune Park are occupied with a variety of businesses like printing shops and service centres among others. There are also numerous commercial hubs nearby, even the Maritime Automall, where eateries, restaurants, hawker centres, cafes, banks, and more can be found.

Situated just off the Tun Dr. Lim Chong Eu Expressway, Fortune Park enjoys easy access to parts of the city, island and the mainland. Heading up north along the expressway links to Pengkalan Weld and the inner city of Georgetown, while southwards will lead to the first Penang bridge about 5 minutes’ drive away. The Bayan Lepas Free Trade Zone and the second Penang bridge on the other hand, are approximately 20 minutes away.

Given the development’s location within the city, Fortune Park can enjoy the convenience of being close to other business hubs and industrial zones within Georgetown, Bayan Lepas, as well as mainland Penang.

NIL
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants


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  • NIL
  • From RM 1,900,000
  • From RM 4,200
  • NIL
Built Up
From 1,400 sq ft
Land Title
Commercial
Tenure
Leasehold
Total Blocks
NIL
Total Storey
2
Total Units
NIL
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
Fortune Park 0 NIL From RM 1,900,000
Straits Garden 2016 From RM 318,000 RM 295,000 - RM 800,000
RM 453 psf - RM 1,030 psf
Artis 3 2019 RM 200,000 - RM 1,240,000 RM 790,000 - RM 790,000
RM 632 psf - RM 632 psf
1 For Sale in Fortune Park 2 For Rent in Fortune Park 25 For Sale in Straits Garden 16 For Rent in Straits Garden 1 For Sale in Artis 3

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 (%)
Fortune Park 0 From RM 1,900,000 From RM 4,200 NIL NIL
Grace Residence 2019 RM 1,450,000 - RM 1,450,000
RM 878 psf - RM 878 psf
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 %
86 Avenue Residences 2014 RM 730,000 - RM 810,000
RM 600 psf - RM 710 psf
RM 1,350 - RM 1,350 NIL 2.22 %
Lavender Park Jan 2011 RM 285,000 - RM 285,000
RM 413 psf - RM 413 psf
RM 800 - RM 800 NIL 3.68 %
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 %
1 For Sale in Fortune Park 2 For Rent in Fortune Park 1 For Sale in Grace Residence 2 For Sale in The H2O 11 For Rent in The H2O 6 For Sale in The Maritime 2 For Rent in The Maritime

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 - -
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 391 psf
Non Landed Properties
RM 680 psf
Landed Properties
RM 500 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 190,000
    Loan Amount ( 90 %) RM 1,710,000
    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 (1,400 sq ft)
    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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