Vertiq, Gelugor, Penang Island

Vertiq is a freehold condominium that is located in Gelugor, Penang Island. There are 318 units available at this condominium 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 around 2015.

IJM Land Bhd is a very large real estate company listed on KLSE, and it has undertaken around 180 real estate projects in Malaysia. Other similar projects by the same developer are Bayswater, Kalista Residence, Kuching Riverine Resort, Monte Bayu, Riana Green, Sri Utama Condominiums, Summer Place, Suriamas Suites, The Epic Residences and The Spring.

Property Type
Land Tenure
1,044 sf - 2,056 sf
Market Price
RM770,000 - RM1,500,000
Total Units
318 Units
Completion Date
Launch Price
About RM500 psf

The only amenities nearby this condominium are some schools.

The current rental yield of Vertiq is around 3.06%, compared to 3.11% a year ago in Q2 2022. 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 RM740 psf. For price wise, the most expensive one is 3-bedroom / 1,087 sf with a median price of RM740 psf; while the cheapest one is 3-bedroom / 2,056 sf with a median price of RM730 psf.

Latest Vertiq sale listings:

TarikhJenis HartanahBinaanHarga
24 Nov 2023Condominium1,024 sfRM780,000
1 Nov 2023Condominium1,269 sfRM1,060,000
10 Nov 2023Condominium1,044 sfRM775,000
10 Nov 2023Condominium1,249 sfRM1,050,000
10 Nov 2023Condominium1,087 sfRM790,000
9 Nov 2023Condominium1,044 sfRM770,000
9 Nov 2023Condominium1,044 sfRM780,000
8 Nov 2023Condominium1,044 sfRM780,000
8 Nov 2023Condominium2,056 sfRM1,700,000
31 Oct 2023Condominium1,044 sfRM770,000

Latest Vertiq rental listings:

TarikhJenis HartanahBinaanSewaan
TodayCondominium1,044 sfRM1,900
2 Nov 2023Condominium1,249 sfRM3,000
27 Oct 2023Condominium1,044 sfRM2,300
25 Oct 2023Condominium1,052 sfRM2,400
18 Oct 2023Condominium1,044 sfRM1,600
18 Oct 2023Condominium1,044 sfRM2,500
18 Oct 2023Condominium2,056 sfRM4,500
18 Oct 2023Condominium1,087 sfRM2,200
16 Oct 2023Condominium1,249 sfRM2,700
16 Oct 2023Condominium1,044 sfRM2,500
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