Vertiq, Gelugor

Vertiq is a freehold apartment located in Gelugor, Penang. There are 318 units available at this project with built-up from 1,044 sf to 1,313 sf. It was developed by IJM Land Bhd with a launch price of around RM500 psf, and was completed about 2015.

IJM Land Bhd is a very big-sized real estate company listed on KLSE, and it has undertaken around 151 real estate projects in Malaysia. Other similar projects by the same developer are Bayswater, D'Ambience Residences, Platino, Riana Green, Riana Green East, Seri Riana Residence, Summer Place, The Epic Residences, The Light Collection 2 and The Light Linear.

Property Type
Land Tenure
1,044 sf - 1,313 sf
Market Price
RM820,000 - RM960,000
318 Units
Completed In
Launch Price
About RM500 psf

The only amenities nearby this apartment are some schools.

The current market prices for Vertiq are from RM820,000 to RM960,000 (about RM790 psf); while the monthly rentals are from RM2,300 to RM2,600 (about RM2.30 psf). The highest median price psf ever recorded was RM809 psf in Q1 2013; while the lowest one was RM653 psf in Q4 2016.

The current rental yield of Vertiq is around 3.87%, compared to 3.25% a year ago in Q3 2018. The highest rental yield ever recorded was 3.9% in Q3 2015; while the lowest one was 2.52% in Q2 2015. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Vertiq is 3-bedroom / 1,044 sf with a median price of RM790 psf. For price wise, the most expensive one is 3-bedroom / 1,087 sf with a median price of RM790 psf; while the cheapest one is 3-bedroom / 1,302 sf with a median price of RM730 psf.

Latest Vertiq for sale listings:

TodayCondominium1,080 sfRM795,000
YesterdayCondominium1,049 sfRM850,000
18-Jul-19Condominium1,927 sfRM1,320,000
07-Jul-19Condominium1,302 sfRM900,000
07-Jul-19Condominium1,496 sfRM1,180,000
07-Jul-19Condominium1,087 sfRM860,000
22-Jun-19Condominium2,056 sfRM1,480,000
22-Jun-19Condominium1,927 sfRM1,350,000
22-Jun-19Condominium1,927 sfRM1,350,000
22-Jun-19Condominium1,044 sfRM840,000

Latest Vertiq for rent listings:

TodayCondominium1,100 sfRM2,300
18-Jul-19Condominium1,100 sfRM2,300
17-Jul-19Condominium1,044 sfRM2,100
02-Jul-19Condominium1,087 sfRM2,500
02-Jul-19Condominium1,045 sfRM2,700
18-May-19Condominium1,100 sfRM1,590
18-May-19Condominium1,100 sfRM1,590
18-May-19Condominium1,044 sfRM1,400
18-May-19Condominium1,087 sfRM2,500

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