Jelutong Β· Subsale Market
Grace Harmony Subsale β 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. It launched from around RM 480K in 2018 β that is the launch price, not a current resale figure. WhatsApp Zac for live asking prices.
Price at a glance
Prices as at September 2026 β Developer launch prices basis. Last checked 2026-07-30. A negotiation floor, not what it trades at today.
| Unit type | Size (sqft) | Price from | PSF from |
|---|---|---|---|
| 3BR (Affordable, 700sqft) | 700 | RM300,000 | ~RM429 |
| 3BR (LMC, 850sqft) | 850 | RM450,000 | ~RM529 |
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.
How Grace Harmony is priced within Jelutong
At roughly RM565 psf, Grace Harmony sits mid-band for Jelutong (RM300β900 psf). This is the range where unit-specific factors β floor, view, renovation, facing β matter more than the address itself when you negotiate.
Area gross yield
~5.5%
Typical for Jelutong condos
Building age
4 years
Completed 2022
PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data β see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.
What to inspect before you commit at Grace Harmony
- 1.Internal pipes and electrical β For buildings past the ten-year mark, ask for a recent plumbing inspection. Full repiping is a five-figure cost you do not want to discover after VP.
- 2.Waterproofing and ceiling stains β Check bathroom floors, balcony thresholds and the ceiling directly under any upstairs wet area. Old stains that were painted over will reappear.
- 3.Lift modernisation status β Lifts have a service life. Ask whether modernisation has been done or is being planned β it is one of the largest special assessments a JMB can raise.
- 4.Original vs renovated layout β Confirm any structural alteration by a previous owner was approved. Unapproved hacking can complicate financing and your own future resale.
- 5.Actual unit orientation β Visit at the time of day you would normally be home. Afternoon west sun in Penang changes both comfort and your electricity bill.
Grace Harmony price 2026
What Grace Harmony trades at on the sub-sale market, last checked 2026-07-30.
| Asking from | RM480,000+ |
| PSF | RM565 |
| Built-up | 700 β 850 sqft |
| Completed | 2022 |
| Units | 754 |
Developer launch price. This is what the developer charged at launch, not what the building trades at today. Treat it as a floor for negotiation, not a guide to current value.
What it actually sold for. 444 of the 754 units are registered under the Penang state Rumah MutiaraKu C3 programme (LPNPP) and are quota-restricted, eligibility-gated and closed to foreign buyers. The price shown is the open-market tier.
The building is 4 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporationβs problem and, through the sinking fund, partly yours. Check what was actually rectified.
Every unit here sits below the RM1M foreign-buyer minimum, so this building is open to Malaysian and PR buyers only.
Selling rather than buying? The RPGT rates and the 21B retention decide what you keep β and if you are near the five-to-six-year line, the date matters more than the price.
Grace Harmony for sale & for rent
Looking to buy or rent a unit in Grace Harmony? Asking prices and rents move with the market and with the specific unit β floor, facing, condition β so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.
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 480K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Grace Harmony:
View full Grace Harmony profile βJelutong β area snapshot
Full area guide βJelutong 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 475K β RM 969K
asking prices in area
Active projects
5
selling or under construction
Subsale condos
4
completed projects
Total tracked
10
properties in this area
Other projects in Jelutong
All 9 others we track here, cheapest first β 5 of them still selling.
- Artis 3RM475K
- Maritime SignatureRM500K
- Urban SuitesRM500K
- Twin StarRM550K
- Central ResidenceRM650K
- 3 ResidenceRM698K
- Setia Sky VilleRM730K
- Alton SkyvillasRM899K
- Setia SV2RM969K
Grace Harmony subsale β common questions
What is the price of Grace Harmony?
444 of the 754 units are registered under the Penang state Rumah MutiaraKu C3 programme (LPNPP) and are quota-restricted, eligibility-gated and closed to foreign buyers. The price shown is the open-market tier.
Is Grace Harmony freehold or leasehold?
Grace Harmony is leasehold. We do not hold the land title class on record β confirm it with the developer, because a commercial title changes your utility tariffs and loan margin.
Can a foreigner buy at Grace Harmony?
No. Grace Harmony is affordable-housing stock under the Penang state programme β eligibility conditions and income ceilings apply, a resale moratorium is likely, and it is not available to foreign buyers. The advertised tier price is not an open-market price.
When was Grace Harmony completed?
Grace Harmony completed in 2022, developed by Nova Land Development Sdn. Bhd.. Units here trade sub-sale.
How big are the units at Grace Harmony?
Built-ups run 700 to 850 sq ft. There are 754 units in total.
More on the neighbourhood:
Jelutong area guide β schools, transport, PSF, lifestyle scorecard βSubstitutes worth comparing
Open full comparison βSame area family, same property type, similar price band β what most buyers actually cross-shop.