[DC]N[/dc]eighbouring Sunshine Tower, Sea Breeze Tower and Taman Jelutong is one of the earlier apartment developments in Gelugor, Penang. Named Mutiara Court, the freehold project was situated in Lorong Delima 20 and was completed way back in 1989. Just in front it is Jalan Yeap Choy Ee which implies easy access for potential home seekers and investors looking for modest home choices in an established neighbourhood.
Despite its age of more than 2 decades, Mutiara Court has maintained its pristine look and vibrancy. It is no surprise, therefore, to keep hearing buzzes about the development when talking about Gelugor’s real estate scene today.
Modest & Cozy Choices
Comprising the walk-up apartment are 186 of freehold units sprawled across 6 blocks. A mid density setting has been embraced featuring cozy homes with built-up of 960 sq.ft. Each apartment has 3-storeys with 3 bedrooms and 2 bathrooms completing the layout making it a good prospect for small families to live in. Neither too big nor too small, Mutiara Court units are not only easy to maintain but they’re also practically spacious to fit in every member of the household.
Tucked in a quieter neighbourhood in Penang, Mutiara Court offers both the luxury of a peaceful surrounding and the practicality of an aptly sized home. Subsale price has been set from RM490,000 to RM680,000 while rental will cost between RM1,100 to RM1,500. It also comes with a maintenance fee of RM70.
For a more in depth grasp of the development’s fair market value and price, feel free to grab our free price valuation guide right here.
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Complemented with Practical Facilities
Though unequipped with an extensive collection of facilities, the apartment complex still does well with its three main features which are:
> covered car parking
> round the clock security
> landscaped garden
The injection of the garden element to every unit is a breath of fresh air, complementing the peace and quiet of the neighbourhood. Each unit also benefits from one covered car park bay. Finally, the 24-hour security ensures that residents can retreat to their homes in safety and sleep soundly at night without any worries.
Quick Access to Amenities
Ideally located in Gelugor, Penang, Mutiara Court appeals to its target demographic due to its close proximity to conveniences. Less than 15 minutes away from the property are premier shopping malls in pEnang including Queensbay Mall, E-gate, Tesco and Bayan Lepas. That’s merely a short convenient drive in order to take care of essentials and some retail therapy. The very popular Gurney Drive is just as accessible where a host of dining options, hawker stalls and retail shops.
Other amenities in the area are schools, clinics, banks and other commercial establishments. With all of these amenities easily accessible, residents are assured of absolute comfort without going far.
Connectivity and easy access are another elements that put Mutiara Court in such a good spot. Through main roads such as Jalan Sultan Azlan Sha, Lorong Delima and Jalan Gelugor, the development is conveniently reachable without suffering from the pains of Penang’s infamous traffic congestion problems. Penang Bridge is also close by connecting the site to more key destinations.
Though newer developments have risen and popped up in Gelugor, Mutiara Court seems to have enjoyed steady growth since its completion. It helps that maintenance has been prioritized keeping each unit looking like new. Furnishings is another plus allowing interested home seekers to move in without so much hassles. But ultimately, the main factor that has cemented the development’s status as a good prospect is its steady increase in price. A unit that used to cost RM270,000 is now priced at about RM500,000; it is a clear indication of Mutiara Court’s potential as a property investment. And in case you wish to know more about its market value, grab our free ebook guide below.