Mutiara Court

Lorong Delima 20, Gelugor, Penang

About this project

Mutiara Court in Gelugor, Penang is a freehold apartment development comprising 6 distinct blocks, each with a height of 3 storeys. This medium density property has been in the market since 1989 but is still holding up well. This is a walk-up property as there are no elevators available. The apartment units have a built-up area of 960 sf and a total of 186 units. Each unit comes with 3 bedrooms and 2 bathrooms, which may very well be enough for a small family. Since its inception till today, most units have been occupied, hence many units for sale or rent will come fully furnished. Facilities are the barest with only a carpark, landscaped garden and 24-hour security provided, which is maintained through a fee of RM70 per month from each unit. However, amenities are plentiful along Jalan Bukit Gambier where the property is situated, where residents will find the regular cafes, banks, clinics, restaurants, and much more in the shop lots nearby. It is also good to note that the Lam Wah Ee Hospital and Bukit Dumbar Park are also within a short drive’s distance. There is also a good choice of schools in the area, and residents can pick from institutions like the SK Jelutong Barat, University Sains Malaysia, Hamid Khan Secondary School, Datuk Hj. Mohd Nor Ahmad Secondary School and Bukit Gambir Primary and Secondary Schools. Accessibility is one of the key selling points of Mutiara Court as it is placed in the heart of Gelugor. The property is accessible through Jalan Yeap Chor Ee, which connects to Jalan Masjid Negeri and Jalan Sultan Azlan Shah. Major hubs like Queensbay Mall, Georgetown, Bayan Lepas, a Tesco hypermarket are all within 10 minutes’ drive, as can be said about the Penang Bridge. Public transportation is also available with Rapid Penang buses travelling up and down the main roads around the property. Mutiara Court may have been around for a while but the location is still one of the major factors when considering this property. The condominium residence may be an ideal home to own and stay in and doubles as a great investment too. Ideally, one might not opt for the third floor as this is a walk-up property, which in the long run, may be a little tiresome. Credit : Propsocial 6.12.2019
Completion Year
1989
Beds
3 - 3 bedrooms
Built up
958 sqft - 1399 sqft
Tenure
Freehold
Transacted Price
RM 385,000 - RM 660,000
Asking Price (Sale)
RM 460,000 - RM 460,000

Location

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Past Transactions

Transaction DateAddressBuilding TypeFloorsLot SizePrice PsfPrice

Historical Monthly Price Range & Volume

Affordability

  • Down Payment (10%)RM 0
  • Loan Amount (%)RM 0
  • Tenure Years0 Years
  • Interest Rate0%
  • Loan Amount 90%
  • Down Payment 10%
Monthly Installment

RM 0±

Mortgage Provided by Hong Leong Bank

Maintenance Fees

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RM 0 psf (0 sq ft)

Total Monthly Expenses

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