E-Residence, Jelutong, Penang

    E-Residence is a Freehold Apartment located in Jelutong, Penang. This is a Residential Strata property.

    The median transacted price is RM 319 per sq. ft. E-Residence has a capital growth of 226.63%.

    Nearby transportation: Sultan Abdul Halim Terminal (Butterworth) (Ferry), Raja Tun Uda Terminal (Georgetown) (Ferry)

    Nearby medical: Hospital Lam Wah Ee, Optimax Eye Specialist Hospital (Penang), Carl Carrynton Medical Centre, Klinik Desa Gelugor, Pure Lotus Hospice Of Compassion

    Property type
    Apartment
    Land title
    Residential
    Property title type
    Strata
    Tenure
    Freehold
    Built-up size
    -
    No. of floors
    -
    Total units
    -
    Year built
    -
    Developer
    -

    About E-Residence

    E-Residence
    E-Residence is a freehold apartment in Jelutong, Penang. It is developed by Airmas Group, one of Penang’s top property developers founded in 1986. Standing about 18-storeys tall, it comprises a single tower with 3-bedroom built-ups of approximately 680 sq ft – 753 sq ft.

    Concept
    Not to be confused with E Residence in Sabah, E-Residence is a seafront residence just off Tun Dr. Lim Chong Eu Highway. It is located in a residential area surrounded by other high-rise buildings and right next to Artis 3 Residence, also by Airmas Group.

    Accessibility and Amenities Near E-Residence
    Located along Jalan Tengku, E-Residence is easily accessible via major roads and highways such as Tun Dr. Lim Chong Eu Highway, Jalan Tan Sri Teh Ewe Lim, Gelugor Highway, and Jalan Sultan Azlan Shah. As for public transport, Pekan Jelutong bus stop (just 1km away) is served by Rapid Penang Bus 13, 303, and 401.

    Landmarks such as the Penang Bridge and Second Penang Bridge (Sultan Abdul Halim Muadzam Shah Bridge) are about 5km and 12km away respectively. For frequent flyers, Penang International Airport is only 14km away via Tun Dr. Lim Chong Eu Highway.

    Facilities and Project Details
    E-Residence is an 18-storey apartment located atop a multi-storey parking podium. Built-ups are approximately 680 sq ft – 753 sq ft, with 3 bedrooms and 2 bathrooms. The entire development is housed within a gated and guarded facility.
     
    Apart from 24-hour security, other facilities offered in this residence include a children’s playground and multipurpose hall.

    Schools/Colleges/Education Institute
    SK Jelutong is a mere 400m walk away, while SMK Jelutong, SJK(C) Phei Shin, SJK(C)  Kheng Tean, and SJK(C) Jelutong are conveniently located about 1km away. The nearest international school is Wesley Methodist School Penang just 2.3km from this project.

    Tertiary-level students are spoiled for choice with George Town’s many universities – Management and Science University (MSU) College Penang, Twintech International University College of Technology, and UOW Malaysia KDU Penang University College are all a short 5km drive away. Alternatively, Universiti Sains Malaysia (USM) Penang is just 7km away in Gelugor.

    Medical Centres
    Lam Wah Ee Hospital is only 1.7km from this residence, while Georgetown Specialist Hospital is 2.7km away. Those seeking public healthcare can head to Penang General Hospital (3.5km).

    Shops/Shopping Malls
    Nearby shopping malls include Maritime Piazza and Maritime Automall (2.6km), Udini Square (3.4km), and 1st Avenue Mall (4km). For all your grocery shopping needs, there is Sunshine Jelutong (700m), Batu Lanchang Wet Market (1.7km), and Lotus’s E-Gate (3.7km).

    Restaurants/Eateries
    The surrounding area is known for popular eateries such as Restoran DEEN Nasi Kandar (1.4km), the aforementioned Batu Lanchang Market, and a variety of eateries along Green Lane. McDonald’s Greenlane Drive Thru is just 3km away.

    Recreation & Leisure Options
    For a quick escape in nature, Bukit Dumbar Park is a large scenic park just 1.8km away. The popular Karpal Singh Drive is just 2.5km away, while the heart of George Town is a 5km drive away.

    Job Opportunities
    Dubbed the “Silicon Valley of the East”, Penang is a key player in the global electronics manufacturing sector. The Bayan Lepas Industrial Park and Free Trade Zone is approximately 11km from this development. Additionally, less than 1km away from E-Residence is Nova Place, a row of 4-storey shop offices currently home to companies such as Penang Youth Development Corporation and Konica Minolta Business Solutions.

    E-Residence Developer
    Established in 1986, Airmas Group is one of Penang’s foremost property developers. The group specialises in landed and high-rise residential developments as well as commercial shop offices. To date, the developer has over 5,000 residential and commercial units under their belt. Other notable projects by this developer include Alton Skyvillas and Wellspring Residences.

    Floor Plan
    E-Residence units come with an open-plan living, dining, and kitchen layout. Units enjoy the addition of a yard / laundry area, but no balcony.

    E-Residence for Rent
    Based on iProperty listings at the time of writing, current rental rates range from approximately RM950 – RM1,000.

    E-Residence for Sale
    Historical selling prices range from approximately RM220,000.

    Property market insight for E-Residence

    All data based on max of 12 months only – Ogos 2023 to Jul 2024

    Median transacted price

    RM 240,000
    231.03% YoY
    Lower: RM 230,000Upper: RM 240,000

    Median transacted price per sq.ft. (psf)

    RM 319/sq. ft.
    226.63% YoY
    Lower: RM 310Upper: RM 323
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