The Address, Bukit Jambul

The Address is a leasehold condominium that is located in Bukit Jambul, Penang Island. There are 148 units available at this condominium with built-up from 1,431 sf to 2,163 sf. It was developed by IJM Land Bhd with a launch price at around RM450 psf, and was completed in about 2015.

IJM Land Bhd is a huge real estate company listed on KLSE, and it has constructed around 184 real estate 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, for example, universities and schools. The following are some of the 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 Min Sin National Type Primary School (Chinese), SA Sungai Nibong Kecil (Madrasah Tarbiah Auladiah) and Sri Manis Playschool.

The current rental yield of The Address is around 2.3%, compared to 3.27% 2 years ago in Q1 2022. The highest rental yield ever recorded was 5.93% in Q2 2015; while the lowest one was 2.3% in Q1 2024. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at The Address is 3-bedroom / 1,431 sf with a median price of RM700 psf. For price wise, the most expensive one is 5-bedroom / 2,163 sf with a median price of RM810 psf; while the cheapest one is 4-bedroom / 1,679 sf with a median price of RM680 psf.

Latest The Address sale listings:

Latest The Address rental listings: