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Grace Residence

March 20th, 2012 Leave a comment

grace-residence-penang

Grace Residence, a 44-storey skyscraper, comprises 378 condominium units with size ranging from 1,017 sq.ft. to 1,646 sq.ft.. This is a green residential development located along the new link connecting Jalan Tan Sri Teh Ewe Lim to Jelutong Expressway.

Property Project : Grace Residence
Location : Jelutong, Penang
Property Type : Condominium
Built-up Area: 1,017 sq.ft. – 1,646 sq.ft.
Total Units : 378
Developer : Nova Mulia Development Sdn. Bhd.

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DISCLAIMER: This article is purely the writer’s opinion on the property project, based on research done using publicly available data at the time of publication. This is not an advertisement by the developer or agent, unless stated otherwise. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider or party in question.

Categories: Jelutong Tags:
  1. Mr.Lim
    March 20th, 2012 at 09:28 | #1

    Heard from my friend RM4xx per sq ft, it’s a leasehold project

  2. kntxx
    March 20th, 2012 at 09:55 | #2

    RM480-RM500per sqft and it’s free hold. Developer says type A,B&C confirm buyers more than units available..
    What you guys think good investment ?

  3. kok
    March 20th, 2012 at 10:10 | #3

    @kntxx
    i think good investment return should consider landed property, u can consider property in Butterworth for more affordable price. High rise property need good management, i only trust good reputation company such as IJM, Mah Sing etc could manage the project well, this one not very sure.

  4. bm
    March 20th, 2012 at 10:10 | #4

    it’s freehold, not leasehold. In fact, open for booking since last year

  5. mamak
    March 20th, 2012 at 13:35 | #5

    where can i do booking?

  6. Narindren
    March 20th, 2012 at 20:57 | #6

    I would like to buy one unit of grace residence 1000++ sqft

  7. cl
    March 20th, 2012 at 21:52 | #7

    This is good project for the strategic location.. wish to get more info on the soft launch schedule.

  8. ck
    March 22nd, 2012 at 13:31 | #8

    This project never published to public at all and now there are already advertisements of letting go some units in mudah.com, what a marvelous undertable-deal between the developer & those kang-tao insiders. Good job to the state government for not able to stop such unfair sales strategy that directly contributed to the unbearable hike of house price.

  9. Reality
    March 22nd, 2012 at 14:11 | #9

    Don’t get too excited, the location is near to the sewage treatment plant.

  10. YK
    March 22nd, 2012 at 22:46 | #10

    @ck

    I already tried to call the Agent posted in Mudah and checked with the developer. This project only open for register and not launching yet. Yes, the price from RM480 per sqft onwards. Hardly to find brand new and so called “cheap” project in Penang Island liao :(

  11. chin
    March 22nd, 2012 at 22:48 | #11

    44 storey.. the highest condominium in penang….. if it comes with rooftop garden.. the view must be superb…

  12. WinnieWowWow
    March 22nd, 2012 at 22:54 | #12

    No, the higher is current Boulevard Condo ….. near to Farlim.

  13. Mr.Lim
    March 23rd, 2012 at 12:39 | #13

    Boulevard is just 38 storey ..

  14. Goppal
    March 25th, 2012 at 00:31 | #14

    ya but boulevard 37 and 38 on hill overall the highest for now….. in 2 years time… the highest will be the latitude on mount erskine hill 43 – 45 storeys…. on normal land dont forget BSG’s silverdale 3 45 storeys… anyway penang shud have an observatory tower arnd the mid part of tanjung tokong and gurney drive area……. how come no one is proposing…

  15. MaxTay1208
    MaxTay1208
    April 1st, 2012 at 01:35 | #15

    any idea how much is the 1000++ sq one

  16. Chuah
    April 1st, 2012 at 14:44 | #16

    Type A and Type B no balcony.

  17. wbk
    wbk
    April 8th, 2012 at 10:29 | #17

    The proposed new link to Lim Chong Yu Expressway will make Grace Residence attractive for Bayan Lepas factory workers. But pricing should be less than $500k as Gold Coast only asking for $550k for renovated unit.

  18. Tm
    April 8th, 2012 at 14:31 | #18

    @wbk
    Gold coast is lease hold while grace residence is freehold

  19. wbk
    wbk
    April 8th, 2012 at 14:52 | #19

    @Tm

    But directly facing the ever growing rubbish dumping site. Cannot ask for too high or else might become abandoned project due to low take up.

  20. cl
    April 8th, 2012 at 22:46 | #20

    when is the soft launch?

  21. mm
    April 9th, 2012 at 20:05 | #21

    Hi, CL,
    Actually this project is good for stay or invest, is a gold green project, Heard from people, In KL, like this type of project, SP Setia selling Price is RM1,200psf, and i heard this project already sold out, if u really interested, u can call this no. 012 5229917, to check the latest info.

  22. mm
    April 9th, 2012 at 20:14 | #22

    Hi, wbk,
    do u understand what is gold green project? and a normal project.Gold coast is a re-claim land, and just only a normal project. But grace residence is a gold green project.If u know the different than you wouldn’t compare the price..sorry to tell u that.don’t get hard feeling.

  23. YK
    April 9th, 2012 at 20:34 | #23

    I think Pg 1st so called green project shld b Setia Green but that is landed property. For condo, this is the 1st one or Nadayu 290 also green project. But until now, this 2 condo projects not yet launch.

  24. wbk
    wbk
    April 24th, 2012 at 19:50 | #24

    Why this project so quiet hah? Still studying the pricing strategy? Hehe…

  25. XY
    May 14th, 2012 at 10:28 | #25

    44 storeys……imagine ppl stay at the high floor one…how to evacuate if there is earthquake even it is just minor one?

  26. PenangLang
    June 2nd, 2012 at 00:23 | #26

    @mm
    this project already sold out? are you sure? as i know this project only can register name only…..

  27. HL
    July 17th, 2012 at 15:20 | #27

    Just called to the office, this project not yet launch. No info at all when & at what price. Is the Penang property so damp hot cake??

  28. tt
    July 17th, 2012 at 16:00 | #28

    @HL
    Don’t 100% trust developer. This project already opened for sale (not official) previously at MBF tower probably by the agents, but not sure % sales.

  29. HL
    July 17th, 2012 at 17:50 | #29

    Hi TT, do you have more info to share on this project?

  30. tt
    July 17th, 2012 at 21:18 | #30

    @HL
    First of all, i want to clarify i’m neither staff from developer nor agent. I just share something i heard b4. Below might be change. Please don’t cope me on this.

    – security at main entrance, entrance from ground floor lobby, entrance from car parks & entrance from facilities floor (9 floor)
    – 378 units in total for 2 wings (Wing A + Wing B) with 6 units per flr
    – Ground, 1st & 2nd flr are lobby
    – 3rd to 8th flr are car park
    – 9th -10th flr are facilities floor
    – 11-17 flr size 1410 & 1254sqf
    – 18-44 flr 1646sqf, price from $688k onwards, $3k increase per floor
    – freehold & come with 2 car parks
    – 23 & 35 flr are sky court with facility
    – every floor have garden
    – 8” wide on corridor
    – 3 lifts per Wing
    – grand wide main door – double leaves
    – maintenance fee 20sen/sqf

  31. tt
    July 17th, 2012 at 21:34 | #31

    ck :This project never published to public at all and now there are already advertisements of letting go some units in mudah.com, what a marvelous undertable-deal between the developer & those kang-tao insiders. Good job to the state government for not able to stop such unfair sales strategy that directly contributed to the unbearable hike of house price.

    I fully agreed with you. In fact, this already happens on current few high rise condo (eg. Arena residence, Raffles tower, Jazz Residence) by these group “kang-tao insiders” to earn quick $$$ and eventually become a trend in future. i believe this project will be part of it.

  32. HL
    July 18th, 2012 at 09:02 | #32

    Hi TT, Thanks for your up-date. Are you going to have the unit of this?

  33. tt
    July 18th, 2012 at 09:28 | #33

    Nop. It’s over my budget and i can’t afford also :)

  34. HL
    July 18th, 2012 at 10:35 | #34

    I fully agreed with CK. This is so called “1 Malaysia” & “Malaysia Boleh”. The people are suffering now with all of the inflation, not only house price.

  35. HL
    July 18th, 2012 at 10:36 | #35

    I fully agreed with CK. This is so called “1 Malaysia” & “Malaysia Boleh”. The people are suffering now with all of the inflation.

  36. Ben
    July 22nd, 2012 at 19:42 | #36

    Any new update for this Grace Residence?

  37. jackie
    August 30th, 2012 at 23:49 | #37

    ya lo..there is 750k of 1646 sq feet at mudah.my
    Why never know

  38. TW
    October 15th, 2012 at 10:03 | #38

    Has this project been approved? How come no activities at all? Which floor onwards will not blocked by the mutiara idaman low cost flats? Will the burning smell from the rubbish dump site affect GR?

  39. david
    October 15th, 2012 at 11:57 | #39

    Then just stop buying from them (kang tao insider). Let the market to test on thier holding power. Those flipper need to learn some lesson, and we need all the buyer/future buyer to stay aside and enjoy the good show

  40. daniel.lau
    October 15th, 2012 at 14:29 | #40

    Weird layout with 15sm foyer. Does anyone know whether developer provide discount and DIBS? Kangtao insiders are going to get their hands burnt this time if they already signed the s&p.

  41. Lily
    October 21st, 2012 at 13:20 | #41

    The developer sales office at Jelutong (opp the Batu lanchang balai polis) the model house is display there, U can see at night only when the light are full on.

  42. Joey
    December 25th, 2012 at 16:39 | #42

    My hubby will buy 1646sq .. for own stay..
    The developer told that the new link to Lim Chong Yu Expressway was approved..

  43. Cindy
    January 3rd, 2013 at 17:06 | #43

    Joey, how much u buy the unit?

  44. Joey
    January 6th, 2013 at 15:26 | #44

    Hi Cindy,

    RM818k.

    U interested to buy it ?

    For us, we feel the location is very strategic, and also very close to the bridge.
    Now can see the construction for Nova Place is started.

  45. Jon
    January 10th, 2013 at 18:09 | #45

    First let me clarify that I am an agent..
    The project is still on-going and is expected to be complete 3 years later, rebate and DIBS will be provided..and currently only the 1646sq is available, others all sold out..
    Anyone wanna arrange for viewing please leave me a reply =D

  46. Truth
    January 10th, 2013 at 18:24 | #46

    @Jon

    Why others all sold out,then only you appear ? What is the motive of this
    developer ? Only 1646sq is available, what is your arrangement with the
    developer ?

  47. Jon
    January 10th, 2013 at 18:33 | #47

    I am only a small fry working…my only arrangement is getting the commission if I manage to sell a unit =_=
    I met the developer the other day, then they told me only left 1646sq…so I just mentioned here only left 1646sq..think of it as just informing.

  48. lsk
    lsk
    January 14th, 2013 at 21:17 | #48

    When to the office this morning. I was also being told by sales person that left 1646sq only. Those people who bought this had already register and booking early last year according to the sales person.

  49. lsk
    lsk
    January 14th, 2013 at 21:18 | #49

    When to the office this morning. I was also being told that left 1646sq only. Those people who bought this had already register and booking early last year according to them.

  50. tTt
    January 16th, 2013 at 10:30 | #50

    the waste dumping site is so close. why no body concern that?

  51. Truth
    January 16th, 2013 at 11:23 | #51

    @tTt

    Most of the purchasers have noses and eyes problem!!!

  52. tTt
    January 17th, 2013 at 14:00 | #52

    @Truth
    I like the location. Just the dumping waste site make me “beh song”. However, layout A, B and C all sold out. Only D left.

  53. alicia
    January 22nd, 2013 at 13:58 | #53

    Where is waste dumping site located? How far is it from this project?

  54. tTt
    January 30th, 2013 at 17:11 | #54

    @alicia
    it just 6~700 meter from east

  55. Lily
    February 14th, 2013 at 12:45 | #55

    @tTt

    i am not a agent i am buying a unit already , the waste dumping is nomore in future it will become the recreation park, info from new paper.

  56. ps
    February 17th, 2013 at 22:00 | #56

    the price is high…. i am not effort to buy although i like it

  57. JackPg
    February 17th, 2013 at 23:22 | #57

    Went to the fair today at Qbay mall, this proj was open for booking since a year ago and the smaller units all gone. What is left is 1646 sqt and price start from rm892k.

  58. Joey
    February 21st, 2013 at 12:57 | #58

    @Lily

    Hi Lily,
    Am also a buyer… Nice to become neighbour in future…

  59. AgraceIndeeD
    February 21st, 2013 at 13:54 | #59

    Its such a shame, i called a year ago to enquire but being inform by the lady Manager that it is only open for registration and now all smaller unit sold out and i even register myself at their offc. This is so sad that it is happening to penang and no control done to stop this kinda of unethical act / dirty works from this developer. Even a year ago its already on Mudah.com for bigger units but not small units. I would like to hear more from those who is also being treated so by this developer.

  60. cm
    February 21st, 2013 at 17:20 | #60

    @AgraceIndeeD
    they “test water” at QB roadshow back in early 2011 i think, or even earlier, i oso attracted by their “green concept” & target location. been following up with them every few mths, ofcoz registered, but… get the same outcome as urs…so guess is juz another case similar & all developer oso do the same dirty tricks..

  61. lluna
    February 21st, 2013 at 17:40 | #61

    @Jon
    What is the package the developer is offering now?
    Now many car park is provided?

  62. Joey
    February 22nd, 2013 at 12:53 | #62

    @lluna

    Hi lluna,
    If you are really interested to buy, pls let me know..
    Note : I am buyer ..for own stay…

  63. PPT
    PPT
    February 22nd, 2013 at 19:37 | #63

    they told me only lower floor 11-20+ 1600 units available with limited unit. All absorb except stamp duty, do you all know how much for that?

  64. ET
    March 8th, 2013 at 14:23 | #64

    @PPT

    Well, that’s mean the value of the place is still low, what you think it will happen to that area after 5 years? if you realize that they are many mega projects coming up at the coastal there, what the value of jelutong area might become after those mega projects completed? buy in when the value is low, and sell out when the value is high. Always hunt for low value area with potential to growth…

  65. Joey
    March 9th, 2013 at 15:06 | #65

    @ET

    Somemore with the current development at the coastal, the price will increase in future..

  66. Lily
    March 17th, 2013 at 12:29 | #66

    @PPT , lluna
    are you or anyone interested in this project now, ” kang tao hui ” (cheap) p/s call 016-41115111.

  67. Truth
    March 17th, 2013 at 14:40 | #67

    @Lily

    No more “kang tao hui” since everyone knows.

  68. Damien
    June 25th, 2013 at 13:54 | #68

    Any buyers got called up by lawyer to pay the stamp duty? I been told it should be bear by developer and just got to know buyer actually has to pay for it. Information given by agent and developer is misleading. Any suggestion?

  69. Lily
    June 30th, 2013 at 15:13 | #69

    @ Damien

    As i know bear by developer is loan stamp duty not SPA stamp duty .

  70. KWC
    July 19th, 2013 at 11:49 | #70

    hi, wondering anyone knows the ceiling height for this condo since it is declared as a Green Building? Internal air ventilation should be part of the criteria, i supposed. many thx

  71. Ah Jack
    February 3rd, 2014 at 20:40 | #71

    I went to the developer building and ask for info… they told me those unit available left only those more than 1mil????

  72. girl 90811
    February 11th, 2014 at 10:23 | #72

    I prefer Urban Suite. There was more than 50 facilities at Urban Suite. Compare to Grace Resident, Urban Suite have more facilities and lower price.

  73. yahoo
    March 31st, 2014 at 22:35 | #73

    how much per sq ft?

  74. Evon
    April 25th, 2014 at 18:38 | #74

    Hi all, I am Evon from UP Properties. I am the authorised agent for Urban Suites. If anyone is interested, please call me at 0124729897

  75. Goppal
    July 24th, 2014 at 02:11 | #75

    @Reality
    people like you so used to and so comfortable making ad hominem statement and point finger at the government… at least there are quality effort and implementation of public housing in penang now… unlike other states… learn to appreciate ler… dont simply complain complain… developers deceptive attitude selling to bulk-buyers and speculators… its not government alone who are responsible… its mainly the people of malaysia… malaysians get rich only by cheating not creativity like other countries like sweden, japan and uk… this is because malaysians are dumbass…. dumb people knows how to cheat only… if u are a developer, you would do the same thing also… wake up….

  76. Jack
    January 27th, 2016 at 12:58 | #76

    Currently what is the latest price of this project ?

  77. Song
    January 27th, 2016 at 17:53 | #77

    @Goppal

    You always need law to protect the people from harm. The gov is responsible to draw up appropriate law and regulation to protect innocent people. Example, if you don’t have a law to criminalize rape, do you think rape cases will go up or down? Imagine robbing a bank is not a crime?

  78. BUYER
    February 8th, 2016 at 23:01 | #78

    Any unit available? Or anyone wish to let go?
    Pls email me artis3dg@yahoo.com.my.

  79. Jack
    February 12th, 2016 at 17:26 | #79

    Anyone can share the latest price of Grace Residence ?

  80. Jack
    April 23rd, 2016 at 23:12 | #80

    @BUYER

    Have you buy it ?

  81. pc
    November 16th, 2016 at 12:39 | #81

    any unit available? how much is the maintenance fee ?

  82. Jack
    May 30th, 2017 at 12:27 | #82

    What is the latest price of Grace Residence ?

  83. Ho
    November 13th, 2017 at 11:01 | #83

    Interested. Please PM.
    Email: darrick158286@gmail.com
    Thank you.

  84. toothlessdevils
    November 13th, 2017 at 13:54 | #84

    Smaller units sold off silently. to whom or what we will never know. and the monopoly of penang developers continues…..

  85. waldffredtan
    February 25th, 2018 at 14:17 | #85

    Latest price by developer (for unsold unit 1,646 sq ft) is about RM760/sq ft

  86. SH Ong
    February 27th, 2018 at 21:10 | #86

    I was told by my friend that one unit was sold at RM1000 per sq ft recently. Not sure true or not.

  87. chan
    February 27th, 2018 at 23:53 | #87

    still available any more unit?

  88. Jacky
    March 7th, 2018 at 13:32 | #88

    Heard now show house is available. Anyone interested may contact Nova developer for further details

  89. potentialbuyer
    July 4th, 2018 at 12:05 | #89

    i heard this project is delayed for 1 year is that true>?.

  90. Chuah
    July 23rd, 2018 at 13:31 | #90

    Grace Residences

    1646sf
    2 car parks
    Rm1.35m negotiable for serious buyer

  91. Joey
    August 8th, 2018 at 13:19 | #91

    Potentialbuy, you may call to developer (Nova) to understand further on it….

  92. waldffred tan
    November 28th, 2018 at 16:16 | #92

    @chan
    Now developer has special package for 1,646 sq ft unit, fully fitted.

  93. Fairuz
    January 1st, 2019 at 07:54 | #93

    Already open for show room and sales . I am stay beside this condo..Mutiara Idaman.. very strategic place .. very high building. The price not so cheap the location and design very good..

  94. Cross
    January 13th, 2019 at 18:20 | #94

    No one comment about the lights issue at night? Or comments taken down?

  95. ntc
    January 14th, 2019 at 12:34 | #95

    Nothing to comment. Childish and just a waste of time

  96. Cheers
    January 14th, 2019 at 14:29 | #96

    Need to be cautious and careful lo.
    Don’t play play lo.
    If not, later, kena buta nia.

  97. Annoynemous
    February 25th, 2019 at 14:59 | #97

    The internal facility is far not complete yet,

  98. Annoynemous
    February 25th, 2019 at 15:00 | #98

    @potentialbuyer
    Confirm not just 1 years

  99. Kat
    March 4th, 2019 at 14:22 | #99

    Interested any sales person here?

  100. Joey
    May 2nd, 2019 at 17:24 | #100

    Any buyer here for own stay 1 ? We can create a group chat since we’re the neigbours.. :)

    • Troy
      May 23rd, 2019 at 19:46 | #101

      Yes, do PM me at volrath15@hotmail.com. I’m setting up a WhatsApp group for resident

  101. Joey
    May 24th, 2019 at 17:52 | #102

    Troy,
    I already email you. Pls check.

    How many buyers here for own stay 1, actually ?

  102. Troy
    May 24th, 2019 at 20:23 | #103

    @Joey
    I’ve replied your email

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