Grace Residence is freehold residential development located in Jelutong, Penang. It houses a total of 378 units, with the unit sizes ranging from 1,017 sf to 1,646 sf. Grace Residence is strategically located just off Tun Dr Lim Chong Eu Highway, close to amenities within comfortable driving distance, while offering high accessibility to the rest of Penang as it skirts the eastern coast of the island. A project by Nova Mulia Development Sdn Bhd, who is also the developer of Nova Place, it is expected to be completed in the last quarter of 2016.Grace Residence is an elegant home created with inspiration derived from the four elements of Sunlight, Wind, Water and Plants. With a 44-storey high green wall along its core and embracing its exterior, it is a contemporary sanctuary amidst the resplendence of enveloping greens. Homes facing the south command an unparalleled view of the beautiful blue ocean. Homes facing the north are blessed with an amazing star-filled canvas when night falls.This development is split into two wings, and each wing would be serviced by three lifts. The development maintains approximately 6 units per floor, per wing. The corridors of the building also also 8-feet wide. Ground floor up to the 2nd floor would be designated as lobbies. From the 3rd floor to the 8th floor, would be designated as car parks, and the 11th floor throughout to the 43rd floor would be the residential units.Facilities of Grace Residence would be located on the 9th and 10th floors. The 9th floor would house the infinity pool, the children's wading pool, a jacuzzi, exercise area, children's playground, barbecue area, yoga deck as well as a reflexology corner. On the 10th floor, there would be a gymnasium, dance floor, steam room, sauna, meditation garden and a viewing deck. The 23rd and 25th floor are also designated as sky courts.Grace Residence is strategically located, and amenities can be found with ease. Prangin Mall, 1st Avenue Mall and Penang Plaza are all located less than 10 minutes away. The main road of Jalan Jelutong offers basic amenities such as banking facilities and eateries. Grace Residence is located close to several hospitals, including Tropicana Medical Centre Penang, and Lim Wah Ee Hospital. Schools nearby include SMK Jelutong, Han Chiang High School, Penang Japanese School and Convent Green Lane.Accessibility to Grace Residence is excellent due to its central location, it is located just off two main roads; namely Jalan Jelutong, and Tun Dr. Lim Chong Eu Highway. The location is 10 minutes' away from Georgetown and Gelugor which are two major townships on Penang Island. Tun Dr Lim Chong Eu Highway affords high accessibility to the rest of Penang as it skirts the eastern coast of Penang Island.
Property Details
Name: Grace Residence Address: Jelutong, Penang Developer: Nova Mulia Development Sdn Bhd Completion Date: December 2016 (estimate) Type: Condominium Tenure: Freehold No. of Blocks: 1 No. of Storey: 44 No. of Units: 378 No. of Bedrooms: 2 - 3 No. of Bathrooms: 2 - 3 Built-up: 1,018 sf – 1,646 sf Maintenance Fee: RM0.25 psf Selling Price: From RM880 psfLayouts
Type A 2 bedrooms + 2 bathrooms (1,018 sf) Type B 3 bedrooms + 2 bathrooms (1,254 sf) Type C 3 bedrooms + 2 bathrooms + terrace (1,410 sf) Type D 3 bedrooms + 3 bathrooms (1,646 sf)Facilities
Gymnasium Dance floor Sauna Steam room Meditation garden Community area Reflexology corner Landscaped garden Infinity pool Pool deck Wading pool Jacuzzi Exercise area Community hall Children playground Barbecue area Yoga deck Viewing deckAnalysis
The development of Grace Residence is rather low-density as there are only 6 units per floor, per wing. The spacious corridors and gardens located on each of the floors is a nice touch, introducing some green to the concrete city that is Penang. Buyers also note that a new link to Tun Dr Lim Chong Eu Expressway was approved by the state government, making the highway more accessible from the development.Although the location is very strategic, some prospective buyers of Grace Residence are holding back because they are concerned that there is currently a sewage treatment plant located less than a kilometer from the location of the development. However, it was reported in 2012 that Jelutong landfill will be turned into parks and a site for mixed development projects. The site recovery is estimated to take five to ten years. The green project is under the care of Penang Development Corporation (PDC).Interested buyers of Grace Residence have complained that despite being registered with the developer way before the official launch, they were still unable to secure their desired units. Despite their slanderous accusation of under-table dealings between investors and the developer, Nova Mulia Development has assured the public that they never participate in such activities.