The Address @ Bukit Jambul


The Address @ Bukit Jambul is a residential property project located at Bukit Jambul, Penang. Situated next to Equatorial Hotel and the Bukit Jambul Country Club, The Address is easily accessible from Penang Bridge, Penang International Airport and the Bayan Lepas Industrial Area.

The Address @ Bukit Jambul, a low density development comprises only 148 units of condominiums and duplex lofts. Every unit has a spacious built-up area ranging from 1,431 to 2,476 sq.ft. The facilities include basket ball court, tennis court, swimming pool, sauna room, gym, jacuzzi, jogging track, community hall.

Property Project : The Address @ Bukit Jambul
Location : Bukit Jambul, Penang
Property Type : Condominium
Tenure : Leasehold
Built-up Area : 1,431 - 2,476 sq.ft.
Total Units : 148
Developer : IJM Land

71 comments

August 9, 2010 at 2:38 PMIvan Lim

if not mistaken, it will start at RM450 psf... those who might be interested, better check out at IJM asap because usually they will be sold earlier before the launching date...

 
August 9, 2010 at 2:41 PMDavid

Assume that this is Leasehold?

 
August 9, 2010 at 4:53 PMNgoh

rm450psf for a leasehold? wow....
where is the location? is it at the old College Heights location?

 
August 9, 2010 at 5:58 PMmalaysian

450psf!!! OMG so cheap. faster attack b4 IJM staffs attack

 
August 9, 2010 at 6:08 PMAlex

450 psf for leasehold is considered cheap?? Good luck, man.

 
August 9, 2010 at 6:31 PMJeff

obviously someone tried being sarcastic, or penang people are really too rich :-). 450psf for a leasehold will definitely qualified to be one of the most expensive new project ever in penang. Can anybody thinks of a more expensive one? I am not execited over this project though, looks like just another platino. Maybe will fall under the same fate as Summerplace, what you will get at end is a plain white/grey building, pathetic. I really wish IJM can be more down to earth these days...

 
August 9, 2010 at 8:15 PMProperty

Can't blame IJM, its the buyers' fault! Tell me which company doesnt want the highest possible profit margin? If IJM sells at 300 per sq ft, its sold out. If IJM sells at 400 per sq ft, its sold out. So, if you're IJM, the natural business instinct is to try 450 per sq ft... :)

 
August 9, 2010 at 8:42 PMJin

RM450 psf for a leasehold condo on a hillslope....NO THANKS!

 
August 9, 2010 at 10:01 PMEwe

Really crazy, RM450 psf for a leasehold condo. Only interested who will be the "water fish"! :)

 
August 9, 2010 at 10:44 PMmalaysian

yup. im being sarcastic. thats how i show my dissatisfaction over the house prices in this so called pearl island. and its not just the high prices...there will be some morons buy the whole floor and sell it at much higher price later. we must boycott these morons. teach them a lesson. never buy property from them.

 
August 10, 2010 at 9:45 AMnathan

may be it is the cost of material and labour higher now a day?

 
August 10, 2010 at 10:42 AMEwe

Can check with any of contractor about the recent cost of material and labour charge. I think is only IJM stuffs think it's worth.

 
August 10, 2010 at 11:03 AMProp

you can refer to the following link for construction price index: http://www.cidb.gov.my/. I am not expert enough to recite this, but in overall yes it is true the cost does increase over the time, but i doubt that it matches with the rate of increase in the end-product. From 270psf (summerplace and the rest) to 450psf (the address), there is an massive increase of 50% in price! Of course we also need to consider other factors such as land price, build quality and supply vs demand (market/bank and speculation falls under this), but 50% still sounds scary, especially just a bit over a year timeframe. As a consumer, we should select what to buy intelligently. Bayswater/platino/summerplace have thier own distinctive attractions, eg. tesco/e-gate, seaview, near to bridge (quite a number of people working in BW plants or Kulim hi-Tech actually staying there), promenade, and price tags. However the The address, i can only think of a college (but not pull factors, how many students will stay in >600k property?), and also the golf course (again, most golfers i know rather go Sg petani or langkawi then penang). Base on this, its a no go for me. Anyway, waiting to more comement to flow in, maybe there are some very strong plus points about this project which did not come into my mind.

 
August 11, 2010 at 12:40 AMFL

No one notice there is USAINS opposite the Address? USM is coming up with a huge campus there...........

 
August 11, 2010 at 1:25 PMoceano

This project is leasehold or freehold? Thanks!

 
August 11, 2010 at 2:32 PMYEOW HENG

I checked with the sales guy in The Star property fair few weeks back. That fellow said is freehold.

 
August 11, 2010 at 3:45 PMSmile

I trust this IJM developer because they reputation is good when I bought my 1st property from them. But now... I'm so disappointed with this developer... No show unit at all... we just can know more info from brochure or model. But end up... what I saw from the brochure has a different with the real build up property...

 
August 12, 2010 at 10:48 AMPeter Grant

Smile, should also read what they said about Platino.

 
August 18, 2010 at 12:17 PMliz

RM450psf really a new condo price in BJ area. IJM should sell higher than market price because other developer already sell RM350-400psf nowadays in Penang. If IJM still sell at RM350psf nowadays, a lot people will 'rebut' to grab it at launching.....people doing business used brain 1.

 
August 18, 2010 at 1:45 PMHasan

liz,
But I think you are brainless! Just sound like holding IJM "LP" haha....

 
August 18, 2010 at 1:57 PMliz

Hasan,
I'm not brainless,I'm saying the truth.I'm not holding any1 'LP'.If I'm the developer,I will not sell my property lower than market price,right or not?What we can blame is to the investors who make our Penang property rose up so much especially subsale property.They bought the new property for subsale only.

 
September 1, 2010 at 2:59 PMgong

I feel reasonable for their asking price compare to Hillcrest project.any comments?

 
October 15, 2010 at 11:42 PMhssf

hi all,
When will this project be launched?
$ per sf?

Thanks
hssf

 
November 1, 2010 at 12:05 PMoceano

anyone got more details about this? thanks!

 
November 3, 2010 at 11:46 PMthkiat

Any latest update?

 
November 9, 2010 at 10:40 PMsweynt

Any updated news about the price and the launch date?

 
December 16, 2010 at 11:20 PMKS_rev

leasehold??

yet this is another IJM project: build by IJM, for IJM internal staffs / bulk buyers / speculators to earn quick cash on genuine home buyers.....

 
December 22, 2010 at 11:49 AMJeff

Location wise so so. Heard it is a leasehold some more. But Pros are the lower floor duplex can have direct access to the pool, that sounds luxury. It is also another Green certified building from IJM after the Light Waterfront.

 
December 29, 2010 at 9:24 AMCostello

Any latest news on this project?

 
March 15, 2011 at 9:58 AMSiao Fung

Is this lease hold also?

 
March 15, 2011 at 10:21 PMandynakata

When will launch ?

 
March 27, 2011 at 9:35 PMsofiah

WOW propertie in penang very high and expensive???people who have money easy to buy how about the people in middle class how they effort to buy...i hope the developer will build a lot of medium cost house middle class....

 
June 4, 2011 at 3:00 PMacez

crazy crazy..

 
June 18, 2011 at 2:48 PMEn Sheng

how much would it be? as per the discussion RM 350 - RM 400 psf, base on the min capacity of the household should start from approx. RM 500k above, max could be RM 1.2mil? take a wild guess only hahaha.

 
July 27, 2011 at 12:13 AMGnek

This should be a leasehold 99-yr project.

The location is good for those who work in the Bayan Lepas area or at EQ. But I am not a big fan of the heavy traffic along the main road, leading into the uphill road. The hillview, nonetheless, is going to be special.

For genuine homeowners, a decent project to consider. For investors, only time will tell...

 
July 27, 2011 at 3:25 PMHairy

The traffic at this area particularly during rush hour has become unbearable over the past 1-2 yrs. And now that Hillcrest Residences (the new condo opposite) is slowly being occuppied the traffic will become worse !. Bad bad planning, doesn't make sense. Btw, the view from EQ/Bukit Jambul is really nothing to shout about.

 
January 11, 2012 at 1:44 PMfl09_Ever

Launching this saturday and already people start to que today? damn penang properties

 
January 11, 2012 at 2:17 PMthkiat

Queue at where?

 
January 11, 2012 at 2:27 PMfl09_Ever

IJM sales office la beside Tesco

 
January 11, 2012 at 3:40 PMthkiat

:-) Any idea how much per ft2? Freehold or leasehold?

 
January 11, 2012 at 8:34 PMmichaelcc

soft launching on 14/1/2012.
rm670psf.much cheaper than southbay plaza.

 
January 12, 2012 at 10:17 AMBobbyBob

Aiya I think those people are those foreigner people queue and sell seats wan, need to wait nearer to launch date to see whether it's really selling or not...

 
January 18, 2012 at 1:37 AMUnknown

Selling very fast and i guess just left bumi units.
I got one unit for own stay.
Which panel bank is better to proceed ?

 
January 18, 2012 at 8:34 AMthkiat

How much per sq2 and freehold?

 
January 18, 2012 at 10:08 AMAC

It's a leasehold. The response is not overwhelming. It's rather too expensive with leasehold title. Nowadays, people is smart and wise enough to weigh and consider worth to buy or otherwise.

 
January 18, 2012 at 11:02 AMPG kia

Both location and price, leasehold in QB area is still better buy than this.

 
January 18, 2012 at 11:51 AMfl09_Ever

left four units at the lowest level only. this is a nice environment to live in , 128 units only, very exclusive

 
January 18, 2012 at 3:13 PMRoman

Location and view are good. but it is expensive for a leasehold condo. the maintenance fee is RM0.26 per sq.ft, approx. RM 370 per month.
A landed property like Setia Vista selling at RM 720k ++ is definitely worth of buying compared to this condo, taking into consideration of the capital appreciation....

 
January 18, 2012 at 5:01 PMfl09_Ever

but still it was sold out, so what u think of penang buyer? anything also they grab it?

 
January 19, 2012 at 8:23 AMRoman

simply because many penang people are rich. they do not really concern on the capital appreciation as they are ALREADY rich.

 
April 16, 2012 at 12:19 PMTying

Anyone know this two blocks got how many level each??

 
April 4, 2015 at 12:06 AMHonhsing Mah

How much is it selling for the 1431 sqft

 
April 13, 2015 at 11:30 PMUnknown

I got chance to view internally, awe-inspiring view of driving range with full view of 2nd bridge, the price will go rocket high for the lease hold first time ever

 
May 28, 2015 at 9:39 PMAnonymous

Nice for own stay...

 
August 4, 2015 at 4:11 PMthe duplex loft

I bought the Duplex loft top level with feel good feeling to move in after received the key.
however, i came across the following issues:
– shoddy timber flooring work & IJM management just refused to accept until one of the strip started to pop up!
– design setback for air conditioning outdoor unit; the allocated place never considering the method of instalation, future repairs but require scaffolding to place on the ground floor private area to install.(pity the ground floor owner when the unit to repair)
– really narrow car park for kancil car.
my conclusion is :
definately a no no to buy the ground floor Duplex unit

 
August 14, 2015 at 3:29 PMah pang

Hillo, I Hv cheapest unit on hand 850k
- with Keys
- Few units
call or whatsapp me for detail and price ----0164704702

 
September 12, 2015 at 11:32 PMEric Goh

The Address for sale/rent
@B-4-x; Pool n hill view 3cp D147
1431sf+65sf 3cp RM850k nett
@A-2-x; Fully pool view 3cp FFFR 1431sf+65sf 3cp Rent RM4.5K nego

Eric
Zeon Properties
0165659233

 
October 11, 2015 at 9:38 AMjack

hi good morning
i got 2 unit for sale low market price...
0125638718

 
November 3, 2015 at 2:00 PMAnonymous

BLOCK B UNIT 4, Having the best view of all units.
(REAL AND CHEAP UNIT) THE ADDRESS BOUTIQUE CONDO:
LAST AND ONLY UNIT AVAILABLE ONLY.
RM 1.1 mil nett

- A unit that is below market price and definitely is an ideal choice for investment.
- 9th floor, 1679 sqft
- 4+1 bedrooms
- 4 bathrooms
- 3 car parks
- 4 units per floor (Low density)
- Sea View, Hill View and Golf Green View
(Peaceful environment)
- Top-notch Security Features
- Home Automation System

Call me TZ 014-9039308

 
March 11, 2016 at 4:30 PMChewy Lim

*** Good Buy ***
1679sf Corner Unit with 4 car parks for Sale @ RM1,250,000 ONLY

Please contact CHEWY LIM @ +6016-4321534 for more information.

 
May 20, 2016 at 2:49 PMAnthony

Hi,
I have some units for sale and rent. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798. U can also email to intradayman@gmail.com. TQ
Will try my best to negotiate for u. TQ and have a nice day.

 
June 14, 2016 at 4:18 PMAdrian Yew (Bsc Biology UKM) 017-4001313

few units THE ADDRESS ready for sales or rent, pls contact Adrian Yew 017-4001313 for further info. Thnaks

 
July 28, 2016 at 5:16 PMLucas Lim

Hi, I have few unit for sale and rent, if you interest please contact or whatsapp me.
Lucas 011-26469798. Thanks

 
September 9, 2016 at 10:44 PMA Wonderful Life

Looking for a unit here,any owner intend to let go,kindly email awktsp@gmail.com,thanks

 
September 14, 2016 at 7:34 PMdarold tan

Dear Buyer,
I have GOOD BUY UNITS for sale
- 1431sf
- 3+1 Rooms 3 Bathrooms
- 3 Car Parks
- Original Condition
- Middle Floor
- Greenary View

Asking for ONLY 890K Negotiable
GRAB IT FAST BEFORE TOO LATE !!

Please contact Darold Tan
016-493 2520 / daroldtan@gmail.com

 
September 22, 2016 at 1:53 AMdarold tan

Dear Buyer,
I have GOOD BUY UNITS for sale
- 1431sf
- 3+1 Rooms 3 Bathrooms
- 3 Car Parks
- Original Condition
- Middle Floor
- Greenary View

Asking for ONLY 890K Negotiable
GRAB IT FAST BEFORE TOO LATE !!

Please contact Darold Tan
016-493 2520 / daroldtan@gmail.com

 
September 28, 2016 at 3:35 PMdarold tan

Dear Buyer,
I have GOOD BUY UNITS for sale
- 1431sf
- 3+1 Rooms 3 Bathrooms
- 3 Car Parks
- Original Condition
- Middle Floor
- Greenary View

Asking for ONLY 890K Negotiable
GRAB IT FAST BEFORE TOO LATE !!

Please contact Darold Tan
016-493 2520 / daroldtan@gmail.com

 
September 28, 2016 at 3:36 PMdarold tan

Dear Buyer,
I have GOOD BUY UNITS for sale
- 1431sf
- 3+1 Rooms 3 Bathrooms
- 3 Car Parks
- Original Condition
- Middle Floor
- Greenary View

Asking for ONLY 890K Negotiable
GRAB IT FAST BEFORE TOO LATE !!

Please contact Darold Tan
016-493 2520 / daroldtan@gmail.com

 
October 4, 2016 at 3:07 PMdarold tan

Dear Buyer,
I have GOOD BUY UNITS for sale
- 1431sf
- 3+1 Rooms 3 Bathrooms
- 3 Car Parks
- Original Condition
- Middle Floor
- Greenary View

Asking for ONLY 890K Negotiable
GRAB IT FAST BEFORE TOO LATE !!

Please contact Darold Tan
016-493 2520 / daroldtan@gmail.com

 
October 11, 2016 at 1:14 AMdarold tan

Dear Buyer,
I have GOOD BUY UNITS for sale
- 1431sf
- 3+1 Rooms 3 Bathrooms
- 3 Car Parks
- Original Condition
- Middle Floor
- Greenary View

Asking for ONLY 890K Negotiable
GRAB IT FAST BEFORE TOO LATE !!

Please contact Darold Tan
016-493 2520 / daroldtan@gmail.com

 
November 18, 2016 at 12:04 PMah pang

Hi, one unit for sale
- 1431sqf
- High Floor
- 3 cars park lot
- Original
- Nego
Selling 1.07mil

Hi, Call or Whatsapp me, if interested...Phang 0164704702 From Real Estate agent, Thanks..........