One of the earlier developments in now famous and widely visited Gurney Drive is Aswan Condominium. Completed in 1997, the freehold apartment offers a low density setting with limited condominium units. It only has one block featuring 8 storeys. Up until now, the project’s developer remains unknown. Regardless, the condominium looks like a good prospect if only for its location.
Situated along Jalan Birch 8 in Gurney Drive, Geogetown, Aswan Condominium sits close to the bustling area’s wealth of amenities. It also neighbours well known condominiums like 8 Gurney, Mansion One and MBF Tower.
Limited and Exclusive Condo Units
Comprising Aswan Condominium are only 30 condominium units available in two layout designs. The standard option has a built-size of 2,120 sq.ft. featuring 4 bedrooms and 3 bathrooms. The other type, called duplex, is bigger measuring 2,400 sq.ft. but also with 4 bedrooms and 3 bathrooms. Either way, both types are ideal for retirees or growing families who want an excellent combination of privacy and convenience. Subsale price for Aswan Condominium units are tagged from RM500 psf onwards while rental starts at a minimum of RM3,000. In addition to those expenses is the RM0.25 psf maintenance fee.
Are the price tags fair and reasonable? To double check, you can use our free price valuation guide right here.
Sparse Yet Well Maintained Facilities
Though the condominium has been around for many years, facilities within the development looks well maintained. It doesn’t have much but it has a swimming pool to cater to its dwellers. It’s an inviting feature where you can relax and dip washing the stresses of the day away. If getting wet is not what you have in mind, you can instead enjoy a leisurely time in the garden. Practicality-wise, each unit comes with covered parking catering to home owners with their own cars.
With emphasis on creating a safe and sound living environment, Aswan Condominium has a strict 24-hour security. Round the clock service keeps the perimeter secure affording its dwellers a sweet and sound sleep every night.
The Main Selling Point
Sitting a short walk away from the popular Gurney Drive, also known as Georgetown’s seafood promenade, the condominium has quick access to amenities. A stretch of seafood restaurants along the beach is a delightful comfort for seafood lovers. Also a stone’s throw away are bustling shopping centres, places of worship and medical facilities including the following:
> Gurney Paragon
> Midlands Park Centre
> Plaza Gurney
> Kelawei Mosque
> Pulau Pinang Mosque
> Gleneagles Hospital
> Dental Clinics
> A Burmese Temple
Educational institutions are also within reach and choices include SMK Convent Pula, PTPL College and Adventist College of Nursing to name a few.
When it comes to accessibility, Aswan Condominium is both connected through private and public transport. Those who have their own cars can use routes such as Jalan Burma and Codrington Highway. For commuters, options include taxis and buses.
Our Two Cents Worth
Though the developer for Aswan Condominium remains unknown up to this day, the development has clearly established its presence in sought-after Gurney Drive. It may not be as tall as other skyscrapers in the vicinity, but the freehold project was able to attract attention with its classic simplicity. The condominium is neither grand nor extravagant, but it sure has gained some buzz because of its promise of privacy amidst a busy tourist spot. In a sense, it offers the best of both worlds for its dwellers – peace and privacy with modern conveniences at one’s fingertips.
Another plus for Aswan Condominium is excellent maintenance. Despite its age, it looks impressively clean. Capping off its investment appeal is its affordable price tag which is currently set from RM500 psf. But again, given its age, you are encouraged to double check on the property’s fair market value first which you can accomplish using our free ebook guide below.