Hillcrest Residences


Hillcrest Residences is majestically perched on Bukit Jambul at approximately 57.5 metres (188 feet) above sea level, commanding panoramic views, adjacent to a Robert Trent Jones Jr. designed golf course, luxury bungalows and the award-winning 5-star Hotel Equatorial. It is surrounded by lush greenery and is a mere 6-minutes drive from the Penang International Airport and the Bayan Lepas Free Trade Zone. There is easy access to restaurants, shopping malls, hospitals and many other amenities.

Spread over a generous 5.4 acres, Hillcrest Residences is possibly the lowest density high-rise residential development in Penang. With just 65 units in Tower 1 (Phase 1), 79 units in Tower 2 (Phase 2) and at only 4 units per floor, it is set to become the most sought-after luxury address on the island.

Each residence has a floor area of approximately 2,227 sq.ft., sized generously to cater for the comfort of modern family. Each tower is adequately served by three lifts. Quality finishing and fittings area provided.

Property Project : Hillcrest Residences
Location : Bukit Jambul, Penang
Property Type : Condominium
Tenure : Leasehold
No. of Blocks : 2
No. of Storeys : 20
Total Units : 65 (Tower 1), 79 (Tower 2)
Units per Floor : 4
Built-up Area : approx 2,227 - 2,287 sq.ft.
Developer : Bukit Jambul Condominiums Sdn Bhd

Facilities
24-hours security, covered car park, visitors car park, swimming pool, children's pool, landscape garden and recreational park, children's playground, jacuzzi, steam and sauna, gymnasium, squash court, badminton court, tennis court, BBQ area, jogging track, meeting rooms, lounge, games room, multipurpose room, launderette, broadband Internet infrastructure, satellite TV (ASTRO) Master antenna.

31 comments

March 31, 2008 at 11:25 AMAnonymous

May i know the price please.

 
March 31, 2008 at 9:49 PMAnonymous

Around RM700K onwards...
Each level increase by 5K if not mistaken

 
October 9, 2008 at 5:35 PMFelix Ooi

This condo develop by the Equatorial Hotel boss. Looks good with view also.

 
November 17, 2008 at 4:17 PMMr ABC

do you have any official website and the address of the show room?

 
February 28, 2009 at 5:37 PMTACman!

Any advice on the pricing of this property?

 
July 22, 2009 at 8:40 PMUnknown

Hillcrest was not ready in December 2008, as said. It may be ready for occupation around December 2009.

 
July 25, 2009 at 12:26 AMAnonymous

Not sure whether it's worth for RM700K++ luxury condo with leasehold status. But for sure the environment is nice.

 
February 4, 2010 at 12:52 AMTACman!

Went and see the showroom last week i should say its pretty well done indeed the facilities is superb!!! All the finishing is a class of its own indeed

 
April 30, 2010 at 12:39 AMUnknown

The land is leasehold..when will the lease period start and end ? What will happen to my condo after the lease period expire ? How will the value of my condo depreciate as the expiry date of the lease is approaching

 
May 22, 2010 at 5:45 PMshidi

Good News to all Hill Crest Residence Owner. OC obtained 27 March 2010 for Tower 1 & 2. Tower 2 open for sale then. For the time being it is a leasehold property but the developer in the midst with PDC of converting to freehold.
First step must get the OC obtained and later do the conversion. All property in Bukit Jambul previously belong to PDC a state Gov subsidary and will be converted soon. thanks

 
June 21, 2010 at 10:36 PMmiZZ SecReT

Condo is very nice, but price not very nice with the leasehold status, and environment near Fairview must sometimes have traffic jam because there are also a lot of bungalows there.

 
July 11, 2010 at 6:41 PMmiZZ SecReT

I think the condo is a little too overpriced.It comes with leasehold status,furthermore you could buy one of those houses in SP Setia,or own a big bungalow in Juru Heights...this one is definetely outta my range.

 
August 2, 2010 at 12:09 AMUnknown

Anyone know why there has no occupancy yet although OC has been obtained on 27 March 2010?

 
April 22, 2011 at 6:02 AMmax

It must be crazy to spend 900K for a LEASEHOLD condo.

The speculators in this condo are not very smart.

 
May 9, 2011 at 6:12 PMalan

I think this is a good example of cannot sell cannot rent at this moment.

 
May 10, 2011 at 12:24 AMChoo Heng

Just thinking on what earth this leasehold condo could cost the same amount as compared to a same size freehold terrace in a prime area. And more than 200k more than freehold condo like the view. i would appreciate if i could get some logic behind.

 
May 20, 2011 at 5:56 AMlim

I saw asking price is dropping to 790K.

Still not worth to buy a Leasehold condo at this price.

Speculators were speculated by developer.

I understand that most of the landed on Bkt Jambul belong to Federal Government? No change to convert to Freehold?

 
August 6, 2011 at 12:03 PMPPT

HOw is the condo doing lately? WHats the market rate now?

 
January 3, 2012 at 5:47 AMnyonyanoodle

Asking price now dropped to as low as RM630k nego.

http://www.mudah.my/Hillcrest+Residence+Condo+Bukit+Jambul+630K-12219678.htm

Thats RM100K below initial launch price back at start of 2008!!!!!

Seems the original buyers miscalculated badly on this leasehold investment.

 
January 21, 2012 at 8:52 PMMK

What is the price Now?

 
January 21, 2012 at 11:38 PMRafael

Yet people are still buying for investment "the address" which is opposite of hillcrest. Goodluck to those lucky buyers for investment.

 
April 17, 2012 at 8:01 PMDK

nyonyanoodle,
seems like the price is still ~RM800k in mudah..
if it is ~rm650k i would definitely be interested

 
May 29, 2012 at 2:35 PMPG kia

Seems a good place for own stay, with spacious and nice landscape, and superb facilities. What was the price transaction recently?

 
September 3, 2012 at 12:15 AMpetestop

New Bob Realty is aggressively promoting it as their marketing agent lately.

Saw them in couple of property shows the past few weeks.

Wonder why this place still have quite a few unsold units after so long. Could it because of leasehold ? or the weird layout ?

 
February 23, 2016 at 8:17 PMpeaceful Malaysia

Hello, i am considering to purchase on. Question 1)Why there are still available units from the developer. 2) what will be the price look like.can we pay 1.2 Mil for higher units.

 
May 18, 2016 at 4:24 PMAnthony

Hi,
I have some units for sale and rent. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798. U can also email to intradayman@gmail.com. TQ
Will try my best to negotiate for u. TQ and have a nice day.

 
July 5, 2016 at 1:21 AMJaycus

Few unit on hand !!!

For sale RM1Mil

For rent RM4000

Kindly contact Jaycus 0172262899

 
December 1, 2016 at 12:44 PMAnthony

Hi,
I have some units for sale and rent. Pls call or watsapp Anthony from Popular Realty. 0124333370 or 0124338798. U can also email to intradayman@gmail.com. TQ
Will try my best to negotiate for u. TQ and have a nice day.

Owners who are willing to let go or rent can contact me too. TQ

 
December 29, 2017 at 4:23 PMchyez

Low Floor
2088sf
Fully renovated and furnished
1.1mil

Ang 016-4956082

 
March 29, 2018 at 11:58 PMUnknown

Block 5 high floor
Fully Renovated Partial Furnished
2277sf
Asking RM1.1M
View to appreciate

Exclusive Agent Jeff
016-4557298

 
March 27, 2020 at 6:21 PMDanny

Hillcrest

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