Who is this property suitable for?
Families seeking a completed freehold condominium in mature Jelutong with larger 3- to 4-bedroom layouts and multiple parking spaces.
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Condominium
Alton Skyvillas @ Jelutong, Penang
Jelutong, George Town, Penang
Completed freehold residential-title condominium in mature Jelutong with only 161 units. Layouts span 1,132-2,672 sqft with 3-4 bedrooms, 2-5 bathrooms, 3 lifts, 8 units per typical floor, 3.5m ceiling height and substantial parking allocation. Current listed gross price starts from RM898,560.
From
RM 898,560
LIVABILITY EVALUATION
Livability
Analysis
A mature Jelutong location places daily needs within short route times, including schools, supermarket, food, banks, petrol stations, clinics/hospital and public transport. The project adds a low-density profile, 3 lifts for 161 units, large family layouts and 3-4 parking spaces on the currently listed types.
Property Fast Facts
Property Type:Residential Condo
Land Area:1.29 acres
Built Up:1,132 - 2,672 sqft
Car Parks:3 to 4
Bedrooms:3 to 4
Bathrooms:2 to 5
Livability Methodology
Strong day-to-day livability comes from mature Jelutong amenities and a low-density completed product. The score is held back mainly by incomplete source evidence on flood history, nearby hazard infrastructure and short-stay/tenant-mix rules; these items should be independently verified.
Safety 7/10
7/10 - Guard + lift security are documented. Hazard, high-voltage/pollution and short-stay/tenant-mix evidence is incomplete, so the score remains cautious rather than assuming full marks.
Convenience 8/10
8/10 - Dense 2km amenity coverage: multiple schools/colleges, Sunshine Jelutong, market/food, banks, petrol and healthcare. Rail is nearby in the POI data but does not meet the template's walkable/5-minute criterion.
Comfortability 8/10
8/10 - Only 161 units, 3 lifts (~54 units/lift), balcony/yard features and city/partial-sea positioning support comfort; the product is materially less dense than mass-market high-rises.
Long Term Fit 8/10
8/10 - Freehold, minimum 3 bedrooms, at least 2 bathrooms and 3-4 parking spaces on currently listed types suit long-term family use. The smallest 1,132 sqft type is below the >1,200 sqft scoring threshold.
Life Efficiency 8/10
8/10 - S.R.J.K. (C) Jelutong, Han Chiang University College, Sunshine Jelutong, Batu Lancang Market, Lam Wah Ee Hospital, Maybank, Public Bank, Caltex and Petron all within 10 mins drive.
Livability Matrix
LIVABILITY SCORE: 39/50
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* Remark: Our evaluation results are based on default setting parameters. Please contact us for your specific requirements.
FINANCIAL INSIGHTS
Investment
Analysis
Completed freehold residential-title project with only 161 units and current listed gross pricing from RM898,560. The investment case is stronger on product scarcity, space, mature-location convenience and completed status; the supplied materials do not provide achievable rent, vacancy evidence or a five-year price trend, so cash-flow conclusions remain cautious.
Property Fast Facts
Tenure:Freehold
Title:Residential
Completion:Completed
Developer:Airmas Sdn. Bhd
Total Units:161
Investment Methodology
Investment scoring is deliberately evidence-led. Product and entry-cost factors can be assessed from the supplied sales material, price list and POI data, while rental yield, vacancy and historical price-trend evidence are not supplied and are therefore not positively scored.
Supply/Demand 6/10
6/10 - Mature Jelutong has multiple renter-demand drivers, but direct vacancy evidence and exact active-new-project competition are not supplied; a neutral/conservative score is used for those gaps.
Cash Flow 3/10
3/10 - Estimated rental per month around RM2500 so the rental yield will be around 3.75% per year.
Appreciation 4/10
4/10 - A planned Sungai Pinang LRT station is identifiable and Jelutong is a mature city-edge location.
Entry Cost 5/10
5/10 - Based on the RM898,560 starting listed price, estimated starting cash is about RM77k and the illustrative 90% loan instalment is about RM3.39k/month.
Product USP 8/10
8/10 - Strong product traits include 161-unit low density, freehold residential title, completed status, 3.5m ceiling, efficient lift ratio, large layouts, multi-car parking and mature amenities. Developer track record/listing status is not verified from the supplied files.
Investment Matrix
INVESTMENT SCORE: 26/50
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* Remark: Our evaluation results are based on default setting parameters. Please contact us for your specific requirements.
90-SECOND HOME FIT TEST
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Alton Skyvillas Project Summary & Review
Why does the location matter?
The workbook describes the project as being in Jelutong, George Town, Penang, with mature daily amenities and multiple named education, retail, food, healthcare, banking, petrol and public-transport POIs within roughly 10 minutes by the supplied route-time inputs.
What are the main strengths?
Freehold tenure with residential title; Completed project status; Low-density 161-unit scale; Large 1,132-2,672 sqft layouts; 3-4 parking spaces on the workbook's current listed configuration; Mature Jelutong amenity coverage.
What is Propmula's verdict?
The workbook supports a completed, low-density and spacious family-oriented proposition in mature Jelutong. The investment case is more defensible on product scarcity and location convenience than on cash flow, because the rental and market evidence remains incomplete and some workbook figures require reconciliation.
Frequently Asked Questions about Alton Skyvillas
Where is Alton Skyvillas located?
The supplied workbook identifies Alton Skyvillas as located in Jelutong, George Town, Penang.
What are the tenure, title and completion status of Alton Skyvillas?
The workbook identifies Alton Skyvillas as a completed freehold condominium with residential title.
What size, bedroom, bathroom and parking range is stated in the workbook?
The workbook states 1,132-2,672 sqft, 3-4 bedrooms, 2-5 bathrooms and 3-4 parking spaces. It does not carry a complete unit-by-unit layout table.
What is the starting price and affordability reference?
The workbook states a starting gross price of RM898,560. Its illustrative affordability setup uses 90% financing over 35 years at 3.6% p.a., producing a stated monthly instalment of about RM3,389.32.