Vertiq, Gelugor, Penang Island

Vertiq is a freehold condominium located in Gelugor, Penang Island. There are 318 units available at this project with built-up from 1,044 sf to 2,056 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 178 real estate projects in Malaysia. Other similar projects by the same developer are Bayswater, D'Ambience Residences, Riana Dutamas, Riana Green, Seri Riana Residence, Summer Place, Suriamas Suites, The Epic Residences, The Light Collection 2 and The Spring.

Property Type
Condominium
Land Tenure
Freehold
Built-up
1,044 sf - 2,056 sf
Market Price
RM810,000 - RM1,500,000
Density
318 Units
Completed In
2015
Developer
Launch Price
About RM500 psf

The only amenities nearby this condominium are some schools.

The current rental yield of Vertiq is around 3.75%, compared to 3.06% a year ago in Q2 2021. The highest rental yield ever recorded was 3.9% in Q3 2015; while the lowest one was 2.16% in Q1 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Vertiq is 3-bedroom / 1,044 sf with a median price of RM780 psf. For price wise, the most expensive one is 3-bedroom / 1,087 sf with a median price of RM780 psf; while the cheapest one is 3-bedroom / 2,056 sf with a median price of RM730 psf.

Latest Vertiq for sale listings:

DateTypeBuilt-upPrice
4 Sep 2022Condominium1,044 sfRM950,000
10 Apr 2022Condominium1,087 sfRM900,000
22 Jan 2022Condominium1,087 sfRM808,000
15 Jan 2022Condominium1,087 sfRM808,000
14 Jan 2022Condominium1,054 sfRM810,000
12 Jan 2022Condominium1,050 sfRM899,000
11 Jan 2022Condominium1,054 sfRM1,100,000
2 Jan 2022Condominium1,249 sfRM1,050,000
2 Jan 2022Condominium1,054 sfRM850,000
2 Jan 2022Condominium1,044 sfRM800,000

Latest Vertiq for rent listings:

DateTypeBuilt-upRental
TodayCondominium1,044 sfRM2,700
3 Sep 2022Condominium1,054 sfRM2,400
29 May 2022Condominium1,044 sfRM2,000
23 Jan 2022Condominium1,044 sfRM2,000
22 Jan 2022Condominium1,044 sfRM2,000
22 Jan 2022Condominium1,054 sfRM2,500
22 Jan 2022Condominium1,044 sfRM2,200
22 Jan 2022Condominium1,044 sfRM2,100
22 Jan 2022Condominium1,044 sfRM2,800
22 Jan 2022Condominium1,044 sfRM3,000
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