Plaza Ivory (University Place) Gelugor
Check out the most recent available units, pricing, and offers for Plaza Ivory (University Place) in Gelugor. If you’re looking to own, rent, or sell, receive professional advice today.
Property Overview
Plaza Ivory at University Place in Gelugor is a vibrant residential and commercial development that offers a blend of comfort and convenience. This modern property comprises stylish condos designed to cater to the needs of both families and young professionals. Residents enjoy a variety of facilities, including a swimming pool, gymnasium, function rooms, and 24-hour security, ensuring a secure and lively community atmosphere. Strategically located near the University of Science Malaysia (USM), the development is surrounded by essential amenities such as supermarkets, cafes, and schools, with easy access to public transport and major highways.
Units at Plaza Ivory typically range from 900 to 1,200 square feet, with prices for sale starting at approximately RM450,000, and rental prices beginning at around RM1,500 per month. This makes it an attractive option for both investors and those seeking a home in a bustling urban setting.
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Why Should You Choose Plaza Ivory (University Place), Gelugor
**Transport & Connectivity**
– Penang Bridge: Approximately 3 km away, connecting the island to the mainland.
– Penang International Airport: Roughly 10 km from Gelugor, providing both domestic and international flights.
– Gelugor Bus Terminal: Situated within Gelugor, offering convenient local and regional bus services.
**Shopping & Dining**
– Queensbay Mall: About 5 km away, featuring a variety of retail stores, dining options, and entertainment facilities.
– Tesco Extra Penang: Approximately 2 km from Gelugor, offering a range of groceries and household items.
– Local Eateries: Numerous options located within Gelugor serve traditional Penang cuisine and street food.
**Healthcare**
– Hospital Lam Wah Ee: Situated 3 km away, providing comprehensive medical services and facilities.
– Pantai Hospital Penang: Located around 5 km from Gelugor, offering a wide range of healthcare services.
**Education**
– Universiti Sains Malaysia (USM): Less than 2 km from Gelugor, known for its extensive range of academic programs.
– Penang Free School: Approximately 4 km away, one of the oldest schools in Southeast Asia contributing to quality secondary education.
– Chung Ling High School: About 3 km from Gelugor, offering both junior and senior high school education.
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your budget, desired area, and requirements. We also handle negotiations and guide you through the buying process
It depends on your priorities. New launch properties often come with developer perks like cashback deals and flexible payment plans, but they require a waiting period before handover. Resale properties are ready to move in, allowing you to inspect the unit before buying. We can help you weigh the pros and cons based on your requirements.
You should have your identification card, salary details (payslip/EPF statement/bank statements), and a loan approval (if needed) to speed up the process.
Aside from the down payment (usually a small percentage), you’ll need to budget for stamp duty, lawyer costs, loan agreement fees, and property assessment fees.
Yes! We study the market, review recent sales, and discuss terms with the seller to get you the best deal.
We filter listings that match your budget and requirements, schedule viewings, and discuss rental terms with the landlord to finalize the best deal for you.
For rental properties, the renter typically pays an service charge, which is equal to a full month’s rent, depending on the lease term.}
To rent a home, you will generally need to provide your Identity Card (IC) or passport, recent payslips or income statement, and sometimes an employment letter. Additional documents may be required depending on the landlord’s preferences.
You are generally required to pay a 2-month security deposit, 1-month advance rent, and a utility deposit when renting a property.
Most agreements have a minimum stay period (e.g., 1 year). If you leave early, you may lose your deposit unless you find a replacement tenant.