Edgecumbe House is located right in the heart of Pulau Tikus. This apartment building is adjacent to the pink-colored Edgecumbe Court and Well Court. It is a freehold single-block apartment made up of 15-storeys. In total, Edgecumbe House has 54 units with a varying built-up of 850 to 1,000sf between units. Each unit comes with 2 bedrooms and 2 bathrooms. Facilities included are 24-hour security patrols, car park slots, a landscape garden and management office. Probably the best thing about living in Edgecumbe House is that one can get to Gurney Drive on foot in less than 5 minutes. Alternatively, one can also do their grocery shopping at the Pulau Tikus market which is located just outside the apartment building. The Gleneagles Medical Centre Penang is also reachable in less than a 5-minute walk.Popular Penang schools such as the Tenby international school, SK St Xavier, SK Jalan Kelawei and SK Convent Bukit Tikus are also within 5-minutes walking distance. Edgecumbe House is also conveniently located nearby colleges as well, including Institute Perkim-Goon, Olympia College Penang, Wawasan Open University Main Campus and KDU College all of which are also within walking distance, except for KDU College which is 5 minutes driving distance.The Edgecumbe House is also less than 5 minutes drive away from Magazine Circus. The Rapid Penang Bus 103 is located just outside the apartment. Alternatively, the Komtar bus terminal and Farquhar St taxi stand are about 5-minute drive away from the building.
Property Details
Name: Edgecumbe House, Pulau Tikus Address: No. 9, Edgecumbe Road, Off Gurney Drive, Georgetown, 10250, Penang Completion Date: 1996 Type: Apartment Tenure: Freehold No. of Blocks: 1 No. of Storey: 15 No. of Units: 54 No. of Bedrooms: 2 No. of Bathrooms: 2 Built-up: 850 – 1,000 Maintenance Fee: RM170 – RM200 Subsale Price: RM250,000 – RM290,000 Rental: RM1,400 – RM1,500Facilities
Security guard Parking lot Landscape garden Management officeAnalysis
This apartment building is well managed and maintained. Edgecumbe House is a low-density residential area as well, which guarantees peaceful living for those who would like to be conveniently close to amenities without having to fore-go privacy. In terms of investment, it is also popular with the neighboring college students, which guarantees a constant rate of return when renting out the units.However, be prepared to brace heavy traffic along Kelawei Road and Burma Road throughout the entire day. On the other hand, if you stick along the Edgecumbe road and Edgecumbe lane, you should be able avoid most traffic conditions. As the apartment was built in 1996, you might also have to budget in light renovation costs.