Raffles Tower Gelugor
Check out the newest homes, prices, and best prices for Raffles Tower in Gelugor. No matter if you’re looking to own, rent, or sell, get expert guidance now.
Property Overview
Raffles Tower in Gelugor is a premier residential development offering a blend of luxury and convenience. This high-rise tower boasts contemporary architecture and is nestled in a strategic location, providing stunning views and easy access to Penang’s vibrant urban life. The property features spacious units with modern interiors, complemented by top-notch facilities including a swimming pool, gym, landscaped garden, and multi-purpose hall. Residents can also enjoy 24-hour security for peace of mind. Raffles Tower is conveniently situated near various amenities such as shopping malls, schools, healthcare centers, and dining options. With its proximity to major highways, commuting is effortless. The estimated price range for units for sale is between MYR 800,000 to MYR 1,500,000, while rental prices range from MYR 2,500 to MYR 4,500 per month, making it an attractive choice for both homeowners and investors seeking a comfortable and vibrant living environment in Gelugor.
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Why Should You Choose Raffles Tower, Gelugor
Transport & Connectivity
– Penang Bridge: Approximately 3 km from Gelugor, offering easy access between Penang Island and the mainland.
– Tun Dr. Lim Chong Eu Expressway: Approximately 2 km, provides a direct route to George Town and Bayan Lepas.
– Rapid Penang Bus Services: Multiple routes pass through Gelugor, ensuring convenient public transport.
Shopping & Dining
– Queensbay Mall: About 5 km away, features numerous retail stores, dining options, and entertainment facilities.
– Tesco Penang: Roughly 3 km, offers a wide variety of groceries and household goods.
– Local Markets and Hawker Centers: Within 1-2 km, providing fresh produce and traditional Penang street food.
Healthcare
– Lam Wah Ee Hospital: Approximately 4 km from Gelugor, renowned for comprehensive healthcare services.
– Island Hospital: Situated about 8 km away, known for excellent medical facilities and specialist care.
– Gelugor Health Clinic: Around 1 km, offering basic medical services for the community.
Education
– Universiti Sains Malaysia (USM): Located roughly 1 km from Gelugor, a prominent university known for research and higher education.
– Penang Free School: Approximately 5 km away, the oldest English school in Southeast Asia.
– SMK Gelugor: About 2 km, providing secondary education to local students.
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Frequently Asked Question
What you need to know before engaging our services
We shortlist properties based on your financial plan, preferred location, and specific needs. We also handle negotiations and assist you with the buying process
It depends on your priorities. Brand new properties often come with developer perks like cashback deals and flexible payment plans, but they require a waiting period before handover. Resale properties are available immediately, allowing you to see the actual condition before buying. We can help you compare options based on your requirements.
You should have your IC, proof of income (salary slip/KWSP record/financial records), and a pre-approved home loan (if needed) to speed up the process.
Aside from the down payment (usually 10%), you’ll need to budget for government charges, lawyer costs, loan agreement fees, and valuation charges.
Yes! We study the market, review recent sales, and negotiate with the seller to help you secure the best deal.
We filter listings that match your price range and requirements, arrange viewings, and discuss rental terms with the landlord to finalize the best deal for you.
For rental properties, the renter typically pays an agency fee, which is equal to one month’s rent, depending on the rental duration.}
Typically, you will need your IC or passport, recent payslips, and proof of income like a bank statement or employment letter. Some landlords may request extra documents, depending on their requirements.
The usual deposit required is 2 months’ security, 1 month’s rent in advance, and a utility deposit.
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.