Moulmein Rise, Pulau Tikus

Moulmein Rise is a freehold integrated condominium & retail development located in Pulau Tikus, Georgetown. There are 84 condominium units available at this project with built-up from 1,787 sf to 2,228 sf for condominium units. It was developed by Hero Leader Sdn Bhd with a launch price of around RM1,300 psf for condominium units, and was completed about Q2 2016. Hero Leader Sdn Bhd is a small-sized real estate organization held privately, and it has undertaken only this project in Malaysia.

Property Type
Integrated Condominium & Retail
Land Tenure
1,787 sf - 2,228 sf (Condominium)
Market Price
RM2,200,000 - RM2,670,000 (Condominium)
84 Condominiums
Completed In
Q2 2016
Launch Price
RM1,300 psf (Condominium)

This integrated condominium & retail development has many amenities nearby, such as schools, hospitals and universities. The following are some of the major schools here:

As for hospitals, there are Gleneagles Hospital Penang, Island Hospital and Penang Adventist Hospital.

The current rental yield of Moulmein Rise is 3.2% for condominium units. The highest rental yield ever recorded was 4.19% in Q3 2019 (condominium); while the lowest one was 3.12% in Q1 2018 (condominium). Meanwhile, the most common unit layouts and sizes available here are as follows:

Condominium Layouts

The most popular layout and size (built-up) combination at Moulmein Rise for condominium units is 3-bedroom / 1,787 sf with a median price of RM1,230 psf. For price wise, the most expensive one is 3-bedroom / 1,787 sf with a median price of RM1,230 psf; while the cheapest one is 4-bedroom / 2,228 sf with a median price of RM1,200 psf.

Latest Moulmein Rise for sale listings:

24 Nov 2021Condominium2,228 sfRM2,663,278
24 Nov 2021Condominium1,787 sfRM2,156,518
17 Nov 2021Condominium1,787 sfRM2,150,000
3 Nov 2021Condominium1,851 sfRM2,200,000
3 Nov 2021Condominium1,819 sfRM2,200,000
3 Nov 2021Condominium1,851 sfRM2,250,000
3 Nov 2021Condominium1,787 sfRM2,200,000
3 Nov 2021Condominium2,228 sfRM2,663,278
1 Nov 2021Condominium2,228 sfRM3,450,000
7 Oct 2021Condominium1,819 sfRM2,250,000

Latest Moulmein Rise for rent listings:

21 Nov 2021Condominium1,851 sfRM7,500
21 Nov 2021Condominium2,228 sfRM8,500
16 Nov 2021Condominium2,228 sfRM8,500
25 Oct 2021Condominium1,787 sfRM6,000
25 Sep 2021Condominium1,851 sfRM7,500
26 Jul 2021Condominium1,787 sfRM5,500
25 Jul 2021Condominium2,223 sfRM8,500
18 Jul 2021Condominium1,787 sfRM5,900
30 Jun 2021Condominium1,787 sfRM7,500
19 May 2021Condominium2,228 sfRM8,500
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