Central Residence
Central Residence, yet another residential development at Jelutong by Major Development Sdn. Bhd. Located on approximately 1.2 acres of land along Lorong Madrasah, right opposite Jelutong Palace apartment. It is just a short drive away from Jalan Ahmad Nor / Tun Dr. Lim Chong Eu interchange, about 5 minutes drive to Penang bridge.
This development will see the construction of a 35-storey condominium featuring 298 residential units, with 10 levels of car parking podium.
Project Name : Central Residence
Location : Jelutong
Property Type : Condominium
Tenure: (to be confirmed)
Built-up Size: (to be confirmed)
Total Units : 298
Indicative Price : (to be confirmed)
Developer : Major Development Sdn. Bhd. (VST Group)
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DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider or party in question.
Finish.
Sold out within 2 weeks. If you want, you have to wait for units to be released.
Another false demand hype creation. Good marketing strategy.
Is the price worthy?
The area seem central but with dense populated surrounding.
Very hard to answer. I just think give and take. Honestly I just dream about road widen in future. I remember jln Perak quite narrow based in 15-20 years ago. Now wider. Hope there are chances to widen the road in front of jelutong market and caltex. There are much to develop as some squatted houses in surrounding areas. Many old buildings too, not sure if that can be rebuilt.
Car parked at roadside of lorong madrasah near to Malay stall should be taken care by authorities. I don’t think lorong madrasah too small if no cars parked near the entrance. Those cars park there not just daytime but overnight. Building a small post in the first 100 m of entrance may be helpful. Or Government multi storey carpark could be an answer to there. Btw not easy , just dreaming.
Overall, the property itself is good, but unfortunately, it is in the wrong location. You’ll understand why when you try to enter or exit the property. Just take a look at the traffic in front of Maybank. Good luck!
Any owner group available??