Jelutong · Subsale Market
Grace Harmony Subsale — Jelutong, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Grace Harmony is a completed leasehold condominium in Jelutong, Penang, completed in 2022 by Nova Land Development Sdn. Bhd.. It has 754 units. Subsale asking prices currently run about RM565 per sq ft (from roughly RM 100K).
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Grace Harmony subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Jelutong's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Grace Harmony.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
5 things to check before signing the Grace Harmony SPA
- 1.Sinking fund health — confirm the current balance and whether any special assessment is pending in the next 12 months.
- 2.Last 3 maintenance billings — verify payment is up to date and there are no outstanding dues from the seller.
- 3.JMC minutes (last 12 months) — look for recurring complaints, structural concerns, or planned major works.
- 4.Common-area condition — physically walk the pool deck, lifts, lobbies, gym, and parking ramps. Photo anything concerning for negotiation leverage.
- 5.Internal pipes + electrical — for buildings 10+ years old, ask for a recent plumbing inspection report. Pipe replacement is a five-figure capex you don't want to discover post-VP.
Grace Harmony key facts
- Developer
- Nova Land Development Sdn. Bhd.
- Area
- Jelutong, Penang
- Type
- condominium
- Tenure
- leasehold
- Completed
- 2022
- Total units
- 754
- Asking PSF
- RM565
- Price from
- RM 100K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Grace Harmony:
View full Grace Harmony profile →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 270K – RM 969K
asking prices in area
Active projects
6
selling or under construction
Subsale condos
4
completed projects
Total tracked
11
properties in this area
Grace Harmony subsale — common questions
Where is Grace Harmony located?
Grace Harmony is in Jelutong, Penang, developed by Nova Land Development Sdn. Bhd. and completed in 2022.
Is Grace Harmony freehold or leasehold?
Grace Harmony is leasehold.
How much is a Grace Harmony unit?
Subsale asking prices at Grace Harmony start from roughly RM 100K (about RM565 psf), varying by floor, view and renovation. WhatsApp Zac for the current shortlist.
What's the typical asking price for a Grace Harmony subsale unit?
Subsale asking prices at Grace Harmony vary by unit floor, view, and renovation level. The most accurate current figures come from active listings — WhatsApp Zac for the live shortlist with prices and floor plans for available units.
Is Grace Harmony a good buy in the subsale market?
Grace Harmony in Jelutong is a completed building, which means immediate occupancy, verifiable neighbour quality, established maintenance fees, and a known JMC track record. The case for subsale here is no construction risk and a proven location — versus paying a new-launch premium for an unbuilt unit.
What should I check before signing a subsale SPA at Grace Harmony?
Five things to verify: (1) sinking fund health and any pending special assessments, (2) last 3 maintenance billings and how strict collection is, (3) JMC meeting minutes for the last 12 months, (4) common-area condition (pool, lifts, lobbies), (5) structural age of internal pipes (especially for buildings 10+ years old). Ask the listing agent to provide these as part of the offer process.
Can foreigners buy a Grace Harmony subsale unit?
Yes, subject to Penang state minimums (RM 1,000,000 for stratified properties on Penang Island; RM 600,000 on the mainland) and state consent (typically 2-4 months processing). MM2H holders are treated the same as other foreign buyers for property purchase rules.
How long does a subsale purchase at Grace Harmony take?
Typical timeline: 2-3 weeks from offer acceptance to SPA signing, then 3 months to completion (90-day SPA period). Faster than a new launch because no construction wait. Plan for stamp duty + legal fees (~3-4% of purchase price) at completion.
More on the neighbourhood:
Jelutong area guide — schools, transport, PSF, lifestyle scorecard →Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.