Sri Jelutong is a low-medium cost apartment, located in Jelutong, Penang. Nearby properties include Jelutong Palace and Jelutong Park. The residence comprises of one block which has nine floors.As Sri Jelutong is a low cost residential development, therefore characterized by the high unit density and low built-up per unit. Units are approximately 650 sf in size and typically has 3 bedrooms and 2 bathrooms. Subsale asking prices have went up substantially in the past month and currently stands at RM230,000. Facilities are sparse and only offer security and covered parking.Sri Jelutong is located near the Jelutong Wet Market, Batu Lancang Market. Schools nearby are Phei Shin Primary School, Jelutong Barat Primary School, and Jelutong Secondary School. Banking facilities are easily accessible as there are a few branches located on Jalan Jelutong, which is the main road to turn into Jalan Madrasah.Apart from that, the nearest shopping centre to Sri Jelutong is Sunshine City, followed by Prangin Mall and 1st Avenue Mall. The nearest hospital is the Lam Wah Ee Hospital, with Tropicana Medical Centre and Hospital Pulau Pinang being within comfortable driving distance as well. The nearest police station is located in Pulau Tikus, roughly less than 5 kilometers away.Accessibility towards Sri Jelutong is good as it is sandwiched between two main roads. The Tun Dr Lim Chong Eu Highway is located right behind the development allowing for easy access to the rest of Penang. Jalan Jelutong and Jalan Masjid Negeri are two other roads connecting the location to the rest of Penang.
Property Details
Name: Sri Jelutong Address: Lorong Madrasah, 10160 Jelutong, Penang Type: Apartment Tenure: Freehold No. of Blocks: 1 No. of Storey: 7 No. of Bedrooms: 3 No. of Bathrooms: 2 Built-up: 670 sf Maintenance Fee: RM100 Subsale Price: Rental: From RM600Layouts
Typical Unit 3 bedrooms + 2 bathroom (670 sf)Facilities
Covered parking 24-hour securityAnalysis
Sri Jelutong is located very near the the city centre, offering good accessibility to many places. Traffic on Jalan Jelutong is heavy throughout the day with little exception. Prices have literally jumped in the year 2013, as the general asking price in March was RM145,000; but by November, the asking price has risen to RM235,000, which translates to approximately RM325 psf for a low-medium cost apartment.
