Lakeside Tower, Bukit Jambul
Lakeside Tower is a leasehold condominium that is located in Bukit Jambul, Penang Island. There are 272 units available at this condominium with built-up from 1,000 sf to 1,075 sf. It was developed by IJM Land Bhd, and was completed around 1999.
IJM Land Bhd is a very big property developer listed on Bursa Malaysia, and it has developed about 184 property projects in Malaysia. Other similar projects by the same developer are Bayswater, Kalista Residence, Monte Bayu, Riana Green, Riana Green East, Summer Place, Suriamas Suites, The Epic Residences, The Spring and Vertiq.
This condominium has some amenities nearby, i.e., universities and schools. The following are some main universities here:
- Inkubator Inovasi Univerisiti I²u
- Inti International College Penang
- Pusat Biologi Kimia Universiti Sains Malaysia
- Universiti Sains Malaysia
As for schools, there are Fairview International School and Sri Manis Playschool.
The current rental yield of Lakeside Tower is around 4.29%, compared to 3.57% 3 years ago in Q2 2021. The highest rental yield ever recorded was 4.33% in Q3 2019; while the lowest one was 2.62% in Q4 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Lakeside Tower is 3-bedroom / 1,000 sf with a median price of RM440 psf. For price wise, the most expensive one is 3-bedroom / 1,000 sf with a median price of RM440 psf; while the cheapest one is 3-bedroom / 1,075 sf with a median price of RM370 psf.
Latest Lakeside Tower sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 26 Aug 2024 | Condominium | 1,012 sf | RM400,000 |
| 26 Jul 2024 | Condominium | 1,012 sf | RM410,000 |
| 9 Apr 2024 | Condominium | 1,012 sf | RM420,000 |
| 29 Mar 2024 | Condominium | 1,075 sf | RM410,000 |
| 23 Jan 2024 | Condominium | 1,188 sf | RM398,000 |
| 28 Dec 2023 | Penthouse | 1,636 sf | RM850,000 |
| 14 Dec 2023 | Condominium | 1,188 sf | RM410,000 |
| 24 Nov 2023 | Condominium | 1,188 sf | RM410,000 |
| 1 Nov 2023 | Condominium | 1,075 sf | RM422,000 |
| 31 Oct 2023 | Condominium | 1,075 sf | RM385,000 |
Latest Lakeside Tower rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 10 Sep 2024 | Condominium | 1,000 sf | RM1,500 |
| 7 Sep 2024 | Condominium | 1,000 sf | RM1,500 |
| 6 Sep 2024 | Condominium | 1,000 sf | RM1,499 |
| 25 Jul 2024 | Condominium | 1,000 sf | RM1,500 |
| 7 May 2024 | Condominium | 1,000 sf | RM900 |
| 20 Feb 2024 | Condominium | 1,015 sf | RM1,650 |
| 29 Dec 2023 | Condominium | 990 sf | RM1,500 |
| 20 Dec 2023 | Condominium | 1,015 sf | RM1,500 |
| 19 Dec 2023 | Condominium | 1,015 sf | RM1,500 |
| 2 Nov 2023 | Condominium | 1,100 sf | RM1,300 |