Urban Suites - Jelutong - Penang

Urban Suites @ Jelutong Penang

Urban Suites Jelutong Penang

Urban Suites is one of the upcoming commercial development located within an established township at of Jelutong, Penang.   It is easily accessible via Dr Lim Chong Eu Expressway and surrounded by abundance of amenities.

Property Overview

Property Project : Urban Suites
Location : Jelutong Penang
Property Type : Commercial suites.
Tenure : Freehold
Developer: Cosmopolitan
Built-up Area: 630sqft, 753 sqft, 836sqft.

Project location:

With it’s strategic location, it will merely takes 5 mins to point of interest below:

  1. 5 minutes walk to proposed LRT station
  2. 5 minutes drive to Penang bridge
  3. 5 minutes to Karpal Singh Drive
  4. 10 mins to Komtar
  5. 10 mins to Jetty
  6. 20 mins to Penang International Airport.

Building plan:

Floor Plan : 630 sqft. 

Floor Plan : 753 sqft.

Floor Plan : 836 sqft.

Facilities List: More than 40 facilities Available.

Packages:

  • LOW entry cost.
  • FREE Legal fees on SPA & Loan agreement
  • FREE Loan Stamping Fees
  • FREE Disbursement Fees
  • SPECIAL rebate with T&C.

Current Roadworks is undergoing, while owner can opt to choose from either 2 of the options of every layout.

The building reached Carpark and facilities.

Verdicts:

Due to commercial title, no APDL is needed as it will not be park under Housing Development Act.

Indirectly, it implying us that this project able to utilise for business purpose, a.k.a Airbnb or Home Stay.

Our last topics highlighted some of the Airbnb do-able projects which you can refer for Penang Mainland and KLCC.

Base on the Calculation and average tourism occupancy, it is expected to achieve rental yield up to 9% ROI per year.

Don’t Believe Us? We have a chart for you.


Doing Calculation base on estimation

Taking RM160 per room only with 2/3 occupancy per Month is more than enough to keep your monthly installment.

If you are taking Karpal Singh RM329 per night, with 2/3 Occupancy,

RM329x20 days = RM6580, it’ll be a Whooping 250% of Return of Investment every month~

With such low Entry Cost, it’s a perfect opportunity for people to invest and convert it to become short term rental.


Interested prospect are more than welcome to contact us via link.

OR

PM our facebook Fan page to get in touch.

OR

Drop a message to one of our Agent, 017-4588547 Mr Yew to schedule exclusive showroom visit appointment.


Why Engage PropXpress?

  • 0 Agent Fee
  • Developer Appointed Marketing Agent
  • Value added Full Fledge service
  • Good Relationship with Banker and Developer
  • Renovation Expert Consultant
Urban Suites @ Jelutong Penang

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