Cantonment Court is an old condominium sited in the established Pulau Tikus commercial and residential hub. Among its immediate neighbors are Desa Mas, Gurney Ville and Maica Court.This low-density condominium is built in 1988 on freehold land. Cantonment Court comprises a single 8-storey block with just 16 units. There are 2 types of apartment available, Standard unit comprises 1,970 sf of built-up size, and Duplex Penthouse consists of 2,045 sf built-up size. Facilities provided are covered car park and 24-hour security. There are 4 schools can be walked from the condominium (less than 400 m), namely Tenby International School, SK Convent Pulau Tikus, Superman Mental Arithmetic Centre and SK Jalan Kelawei. Other nearby amenities are shopping malls (Gurney Plaza, Island Plaza and Midlands One Stop) and hospitals (Penang Adventist Hospital and Gleneagles Medical Centre. Plus, Cantonment Court is also about 120 m to Meow Heong Lim Temple and 210 m to Harvest Christian Centre. Strategically located amidst the bustling Pulau Tikus vicinity, this established condominium can be easily accessible via major roads in Penang – Jalan Kelawei and Gurney Drive that directs to Jalan Pemenang.
Property Details
Name: Cantonment Court Address: 45, Jalan Pemenang, Georgetown, 10250 Penang Completion Date: 1988 Type: Condominium Tenure: Freehold No. of Blocks: 1 No. of Storey: 8 No. of Units: 16 No. of Bedrooms Standard: 3 Duplex Penthouse: 4 No. of Bathrooms Standard: 2 Duplex Penthouse: 3 Built-up Standard: 1,970 sf Duplex Penthouse: 2,400 sf Maintenance Fee: Approx. RM0.20 psf Subsale Price: RM420,000 – RM500,000 Rental: RM1,700 – RM3,500 Facilities
24-hour security Intercom Car park Management officeAnalysis
Cantonment Court is a serene condominium with just 16 families within the entire block. This low density factor is the main reason why it is loved compared to higher density newer condominiums. Besides that, the price and rental are still affordable for a strategically located residential amidst the town centre. The price of Cantonment Court has slowly appreciated over the years. In 2008, a typical unit here was asking for about RM350,000. Nowadays, in 2011, a unit here starts from RM420,000 – which is just about 20% of capital appreciation in 4 years.
