39 Houses for Sale at Grace Residence, Jelutong, Penang

Grace Residence is a freehold condominium in Jelutong, Penang. There are currently 39 listing(s) available for sale on iProperty Malaysia. The listings start from RM800K for units with 1,500 sqft.

You can search for other projects within Jelutong such as Halaman Damai, Taman Meranti, and Mutiara View. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.

The iProperty Take on Buying Grace Residence

5.43% of property searches in Jelutong over the last 30 days were for Grace Residence. The 4-Bedroom configuration is the most-searched unit type among the 32 total units available for sale. Average asking prices for 4-Bedroom units are modestly below the Jelutong average.

Developer & Launch

Grace Residence is a Condominium developed by Nova Mulia Development Sdn Bhd in the area of Jelutong. The project reached its completion in 2018.

This Freehold property consists of 378 units within 1 building that stands 44 floors high. Available unit configurations include Type D, which features 3 bedrooms and 3 bathrooms with a floor area of 1,646 sq ft.

Top Amenities & Facilities at Grace Residence

Grace Residence provides a selection of essential facilities designed to support the daily lifestyle and recreational needs of its residents. These on-site amenities offer spaces for physical activity and social gatherings within the community.

• Swimming pool
• Playground
• BBQ
• Gym
• Jacuzzi

Pricing by Unit Type

• 2-Bedroom
  • Average asking price: RM 635K
  • Asking PSF: RM 624 psf
  • vs. Jelutong avg. PSF: RM 619 psf (0.91% above average)
  • Positioning: Fair value.
  • Listings: 5
• 3-Bedroom
  • Average asking price: RM 878K
  • Asking PSF: RM 580 psf
  • vs. Jelutong avg. PSF: RM 1,400 psf (58.60% below average)
  • Positioning: Below average.
  • Listings: 22
• 4-Bedroom
  • Average asking price: RM 884K
  • Asking PSF: RM 539 psf
  • vs. Jelutong avg. PSF: RM 620 psf (13.00% below average)
  • Positioning: Below average.
  • Listings: 7

Neighbourhood at a Glance

Grace Residence is located within reach of various local amenities in Jelutong, including Kedoink Network and Happy Mart. This location provides buyers with verified proximity to transport, retail, and healthcare services within the immediate vicinity.

• TRANSPORT: East Jelutong Station, 313 m (4 minutes walking distance)
• HEALTHCARE: Klinik Bersatu, 771 m (9 minutes walking distance)
• RETAIL: 99 Speedmart, 760 m (9 minutes walking distance)
• EDUCATION: Sjk (Cina) Phei Shin, 985 m (12 minutes walking distance)
• FOOD & BEVERAGE: Kedoink Network, 173 m (2 minutes walking distance)
• CONVENIENCE STORE: Happy Mart, 307 m (4 minutes walking distance)

Past Transaction & Price Insights

Grace Residence recorded historical transactions from 2023 to 2026 with a median price of RM579 PSF. The typical range for these transactions was between RM511 PSF and RM639 PSF.

A 3-bedroom Type D unit of 1,646 sqft sold for RM1,032,600 at RM627 PSF in July 2024. This represents a price rise of 20.7%. The estimated gross rental yield is 2.85% based on current project rental listings and matched historical sale transactions.

Who It's For

Young Families
On-site facilities including a gym, multi-purpose hall, and a playground provide space for recreation, while 24-hour security offers peace of mind for a long-term family purchase. Jelutong Methodist Kindergarten is located 780 m away, a 9-minute walk, which helps to simplify the daily school run. 2-Bedroom units are priced in line with the Jelutong average, while 4-Bedroom units are modestly below the Jelutong average.

Ready to Make Your Move?

34 homes are currently for sale at Grace Residence, starting from RM618,000. See what's currently on the market and compare layouts side by side.

This copy was published on 25 September 2026.