penangproperty
CompletedleaseholdEst. 2021

IJM Land

3 Residence

Lebuh Sungai Pinang 1, Jelutong

From

RM 550K

RM 650 PSF · Completion 2021

Tenure

leasehold

Title

TBC

Total Units

478

Completion

2021

From
RM 550K
PSF
RM 650
Tenure
leasehold
Total units
478
Status
completed
Completion
2021

Project Tracking

We're tracking 3 Residence — not yet personally reviewed by Zac

This project is in our database from public sources (1 source) from IJM Land. Full pricing, floor plans, unit availability and Zac's honest take are available on direct request — most developers update pricing weekly and we share the current numbers immediately.

  • 📋 Latest price list & available unit types
  • 🏗️ Current construction stage and photos
  • 💬 Zac's honest assessment for your situation
  • 📞 Direct introduction to the developer if you want to view
📲 Get 3 Residence details on WhatsApp

Facilities

Infinity PoolDip PoolWading PoolJacuzziGymnasiumOutdoor GymSquash CourtJogging TrackSaunaChildren's PlaygroundBBQ AreaSun DeckPanoramic DeckSwing GardenMulti-Purpose HallMinimartMulti-Storey Car Park24-Hour Security

What's nearby

🏥 Healthcare

  • Hospital Lam Wah Ee4.5km
  • Penang General Hospital4.0km
  • Island Hospital5.0km

🎓 Schools

  • SMK Jelutong1.5km
  • SJK(C) Chung Hwa2.0km
  • Chung Ling High School2.5km

🛍 Shopping

  • Tesco E-Gate1.5km
  • Queensbay Mall3.5km
  • Island Plaza4.0km

Monthly Instalment Calculator

Monthly Instalment

RM 2,222

Total Interest

RM 438,040

Total Outlay

RM 988,040

📲 Discuss financing options with Zac

Jelutong — area snapshot

Full area guide →

Jelutong is a densely populated central-island area. New projects here target first-time buyers and investors rather than the luxury segment, with relatively accessible entry prices.

Price range

RM 100KRM 969K

asking prices in area

Active projects

6

selling or under construction

Subsale condos

4

completed projects

Total tracked

11

properties in this area

Total Cost Breakdown

Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.

DownpaymentRM 55,000
SPA stamp dutyRM 10,500
SPA legal feeRM 6,750
MOT stamp duty (at VP)

Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.

RM 10,500
Loan stamp duty (0.5%)RM 2,475
Loan agreement legal feeRM 2,475
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 90,700

New launch — typical developer savings

Toggle what the developer is absorbing. Confirm the actual package before signing.

Cash rebate3% = RM 16,500
0%5%10%
Total developer savingsRM 28,200

Net upfront (after savings)

Based on typical 2026 new launch package

RM 62,500

Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →

Frequently asked questions

How much is 3 Residence?

+
Units at 3 Residence start from RM 550K (around RM 650 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is 3 Residence freehold or leasehold?

+
3 Residence is leasehold — typically a 99-year lease from the original grant. This doesn't materially affect own-stay value, but leasehold properties may need state consent for resale and the land reverts at lease end.

When is the expected completion / VP?

+
Expected Vacant Possession is 2021, subject to developer execution. Defects liability period typically runs 24 months from VP. New launch buyers should budget for transaction costs at SPA and again at VP (MOT stamp duty).

Who is the developer of 3 Residence?

+
3 Residence is developed by IJM Land. For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

Substitutes worth comparing

Open full comparison →

Same area family, same property type, similar price band — what most buyers actually cross-shop.

From

RM 550K

3 Residence

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