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Grace Harmony by Nova Mulia

Grace Harmony - Contact Scott for more info +6011-1098 4066

Grace Harmony Penang

Grace Harmony Jelutong, Penang

You’ll find: Video (coming soon), Layout, floor plan, facilities and details of this properties, including prices for sale & rent and most importantly our review for Grace Harmony Penang.

Table of Contents

Grace Harmony LOCATION

Grace Harmony nearby amenities
Grace Harmony nearby amenities b

If you need help to let (rent) or to sell your property please click here or WhatsApp us

Who is the developer? – Nova Mulia

Nova Mulia Grace Residence Developer
Nova Mulia Development Sdn Bhd

Sandville Residence is a new project by DH Land which comprise of  total 165 units with 24 levels. It is located at Permatang Pauh, Penang. 

Key Features / Summary of Grace Harmony

Grace Harmony Property Type

Grace Harmony is a LMC (low medium cost) and affordable project.

Tenure

Grace Harmony is a leasehold project

Developer

Nova Mulia

Maintenance Fees

LMC: TBU
Affordable: proposed at RM 0.20 psf

Grace Harmony Built up / Size

750 square feet (LMC)
850 square feet (Affordable)

Date of completion

4 years from date of S&P signing: estimate 2025

Total Units

Total level: 42
Total Unit: 754
444 affordable unit & 310 LMC unit

More About Grace Harmony

Grace Harmony is a leasehold condominium located in Jelutong, Penang.

There are 754 units available at this project. It is being developed by Nova Mulia Development Sdn Bhd.

Nova Mulia Development Sdn Bhd is a small real estate organization held privately, and it has constructed around 3 real estate projects in Malaysia. Other similar projects by the same developer are Grace Residence and Nova Place.

Grace Harmony Facilities & Floorplan

  1. BBQ Pavilion
  2. Playground
  3. Outdoor Exercise Area
  4. Sky Garden
  5. Community Hall
  6. Pre-function area
  7. Basketball Court
  8. Reflexology
Grace harmony floor plan Grace Harmony - Contact Scott for more info +6011-1098 4066

Get an amazing sea view here at Setia V Residence and enjoy the short travelling distance to Gurney Drive and Gurney Plaza.

Grace Harmony layout

Grace Harmony Penang Grace Harmony - Contact Scott for more info +6011-1098 4066

Affordable 850 square feet

  • 3 Bedrooms
  • 2 Bathrooms

Grace Harmony Penang for sale

Unsure of which one to choose? Talk to Us

850 sq ft

RM 480,000 onward
  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Balcony
  • LOW Downpayment
  • FREE S&P Legal Fees
  • FREE Loan Legal Fees
  • Monthly Installment:
    RM 1,750 @ 35 years
    RM 1,900 @ 30 years
    RM 2,200 @ 25 years
    RM 2,500 @ 20 years
    #Assume Interest rate @ 3%
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Frequently Asked Questions (FAQs) about Grace Harmony Penang

Grace Harmony Related Questions:

As state above, Grace Harmony will be completed around 2025

Grace Harmony sales packages come with free legal fee for loan and sales and purchase agreement (S&P)

Others:

Yes you can. However, if it is a new project / under-constructions / developer’s unit , developers are giving free legal fees ya. 

Developers would be happy if you help them save cost

Yes you can. As long as I’m awake I will answer your call & reply your message.

Rest assured. We are here to help & provide solution. We promise no hard selling or pushing. Tell us what’s in your mind and we’ll try our best to help

Yes you can. Please contact us via 011-1098 4066 to visit  and get more information!

Sorry to say that you cannot own this project. 

Feel free to contact us for other proposal that might fit you best.

Contact Us for Grace Harmony

Grace Harmony Penang Full review

Is Grace Harmony a Good Buy ?

Our Analysis / Opinion

Pretty convenient location if you know Jelutong well, so damn convenient that almost everything within walking distance. You have the morning market nearby, convenient store and so many food stalls around within short distance drive.

So if you were gonna ask me whether is it good for own stay / own usage, what I can comment is only location and convenient, good for own stay or not it is very subjective considering the price and you will find some people will complain about foreign or factory worker or hostel later. What to say?

In short, this is low medium cost and affordable category property, if you want to complain, raise your budget and buy somewhere else nearby like Sandilands, Grace Residence, Platino, Bayswater and etc.

It’s definitely ok for investment if you are able to secure the LMC (low medium cost) unit and also the cheaper affordable units. You might be wondering: Leasehold wor, can meh? Well my answer to you is: I don’t know.

Quite a few completed properties are able to convert from leasehold to freehold in Penang and if I’m not mistaken some examples are D’Piazza and Batu Kawan EcoWorld’s project successfully converted to freehold status. So, I only want to say anything can happen.

If you’d like a conservative answer, ask yourself if you’re able to rent it out at a rental rate that can offset your interest payment. If you think yes, then you’re good to pick up a unit here at Grace Harmony.

If you like a high ROI in terms of rental return you can consider getting a unit here which I think the ROI should be around 3% onward and if you’re lucky you can get 4% depends on the purchase price you get.

Again, ROI is a very subjective question. You buy early at the price of RM 450k and get a rental rate of RM 1,000 per month and your ROI will be 2.6%. If you buy later when the price increase let’s say to RM 500k and you get a rental rate of RM 1,000 per month your ROI of course will be lower i.e. 2.4%

If you’re ok with minimum rental rate of RM 1,000 then I think you’re safe to pick up a unit here. 

If you’re taking bank loan for sure it will be net cash outflow every month but as long as you can offset your bank interest with your rental income then should be fine.

And please don’t ask me can affordable or LMC rent out? The answer will be legally cannot but we all know Malaysia boleh.

There’s 444 units of affordable & 310 units of LMC so I presume around 50% will be for own usage / own stay purpose. 

Also, if you buy early you can sell early too due to the restriction of 5 years and 10 years for the affordable category projects.

 

What I like about Jelutong is location, super convenient and if you’re lucky you might be able to convert from leasehold to freehold in the future. 

Travelling distance of Grace Harmony to Georgetown and Bayan Lepas also within short distance.

99.99% of my clients are happy !

Customers reviews

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Sandy PB
recommends
July 26, 2022

Fast response who will go extra miles provide insight with additional information to address client doubts on project enquiry, non pushy and committed agent who work hard to provide best service to any potential client. thanks so much Scott 😁👍👍

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Hee Soo
recommends
May 2, 2022

服务态度好👍 性格也很好👍 信息会立刻回复 👍👍👍

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Johnson Lau
recommends
May 1, 2022

服务非常周到,努力找更好的房子,人也很nice👍🏻👍🏻

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Lee Jerry
recommends
April 30, 2022

服务态度非常友善👍👍

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Chi Fei
recommends
April 28, 2022

Awesome agent with great patience and attitude when providing information. Strongly recommended!!

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Wayne Tan
recommends
April 25, 2022

Excellent agent to work with

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Elycia Lee
recommends
November 1, 2021

Compared to other agents, he is a helpful and responsible agent👍

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Anzelinne Lim
recommends
September 15, 2021

Very helpful and Friendly 👍

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Wn Lim
recommends
September 10, 2021

good services, provide useful information, good to talk👍🏻👍🏻👍🏻

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Khang Wooi Kelvin Yeoh
recommends
September 9, 2021

Very helpful in all aspect. Best I’ve seen among all other agents I’ve engaged with.

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Tan Chun Yao
recommends
August 8, 2021

I like the way Scott explain and brief on a project, it provide an insight howba project is and recommendation. Like it!

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Eelan Kai
recommends
August 6, 2021

非常详细的解释 也很老实!推荐 有什么问题都会回答以及详细分析

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KJack Ooi Kai Zheng
recommends
July 28, 2021

Good service and responsible guy

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Pei Hong Tan
recommends
May 31, 2021

Great patience when explaining, good person to talk with

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Whilliks Hong
recommends
May 30, 2021

Good service and provide clear informatio

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Ong Choo Kheng
recommends
May 11, 2021

Very happy to be assisted by a helpful and fast response agent. Recommended.

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Maple Tang
recommends
April 18, 2021

Nice to talk and good services

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Chester Yin Thye
recommends
April 16, 2021

態度相當好,明確性讓我了解全部事情。👍🏻

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Chong Yang
recommends
February 13, 2021

服务好,工作态度认真💪

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Kee Kun
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February 12, 2021

服务好!工作态度认真!

Let’s arrange for a visit to Grace Harmony

Interested with any of the project you saw here in our website ? Just click on the “Message” / “WhatsApp” button and let us know.

We’ll send you detailed info & invite you to the showroom / sales gallery / actual site. 

You can also reach us at +6018-466 8066

We’ll assist you throughout the process, if you’re happy, just pick up a unit, we have ready bankers & lawyers to assist your loan application & sales & purchase process.

However, if you think our proposal is not able to suit your criteria, do feel free to let us know please don’t say “I’ll consider and come back to you”. We know you wont come back so just let us know so we can help you with our best. Again, we promise, no hard-selling.

Voilà, congratulations, u can sign relevant documents now if everything approves / goes well. Sit back and relax to wait for your keys / vacant possession.

What if loan rejected ? No worry, fully refundable for your booking fees. We’ll let you what could be the potential reason your loan is rejected, and then we start from there to build your profile again ! (Don’t be disappointed, it happens to some of our clients sometimes)

About My Property Deals - Scott Seow

Real Estate Negotiator (on the way to Real Estate Agent)

I'm an detailed & transparent person, what I know will definitely be what you know. No body likes hidden fact when it comes to decision-making.


Therefore, I'm dedicated to serve your needs & assist you throughout your property hunting journey with 100% guaranteed no misleading and hiding of info.


FYI, I type "C" person if you know what is the DISC personality test.

If you need help to let (rent) or to sell your property please click here or WhatsApp us

About us - My Property Deals - Scott Seow

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Scott Seow

Scott Seow

+6018-466 8066

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