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Sapphire Bukit Panchor

May 22nd, 2017 No comments

sapphire-bukit-punchor

Sapphire Bukit Panchor, the latest commercial development by Bukit Punchor Development Sdn. Bhd. (A subsidiary company of Thriven Global Berhad) at Bukit Panchor Industrial Park in Nibong Tebal, Penang. It is located at the intersection of Jalan Industri 2 and Jalan Industri 4, less than 3km away from Jawi toll plaza. Penang Second Bridge is only 20 minutes drive away via North-South Expressway.

This project is consisting of 25 units of 2-storey shop offices, with an indicative selling price of RM653,000 onwards.

Project Name: Sapphire Bukit Panchor
Location: Nibong Tebal, Penang
Property Type: 2-storey shop offices
Built-up Size: 3,183 sq.ft. onwards
Land Size : 1,604 sq.ft.onwards
Total Units: 25
Land Tenure: Freehold
Indicative Price: RM653,000 onwards
Developer: Bukit Punchor Development Sdn. Bhd. (Thriven Global Bhd)
Contact No: 04-5062688 / 012-4900113 / 016-4183512

Register your interest here

Location Map:

 

 

GBS by The Sea

May 17th, 2017 1 comment

gbs-by-the-sea-main

About 3,000 jobs will be created for locals with the opening of a RM200 million high-end Global Business Services (GBS) complex near the second bridge by 2020, Chief Minister Lim Guan Eng announced yesterday.

He said the complex, called “GBS by the Sea”, would be housed in two buildings, one eight storeys and the other nine storeys, with a total floor space of 411,000 sq ft and 2,500 parking lots.

Lim said the Penang Development Corporation (PDC) would build the project next to the current Motorola Solutions building at the Free Industrial Zone in Bayan Lepas.

GBS is a term referring to businesses housed under one roof that offer shared services and outsourcing to improve service delivery and reduce costs.

Last month, Lim launched GBS@Mayang, a similar set-up which involved the refurbishment of a mall in Bayan Baru.

The Mayang initiative is part of the Bayan Baru Improvement District under the Penang Cyber City plan.

“Penang’s concerted efforts to enhance GBS infrastructure will provide higher value jobs in the manufacturing industry through expansion and diversification of the GBS business,” Lim said in a press conference at Komtar.

“We aim to be part of the Industry 4.0 Transformation, which revolves around big data analytics, e-commerce, crowdsourcing, cloud computing and the Internet of Things.

“GBS by the Sea is expected to attract many key international players.”

According to PDC general manager Rosli Jaafar, GBS by the Sea is envisioned as a centre for tech and R&D companies.

It will be an MSC Malaysia cybercentre-standard building incorporating retail and food outlets, he added.

Outsourcing Malaysia, the industry association, projected that Malaysia’s GBS sector would see a compounded annual growth rate of 10%-15% in the next three years.

According to Malaysia Digital Economy Corporation, GBS companies with MSC Malaysia status recorded a total revenue of RM18.4 billion in 2016.

The Malaysian Investment Development Authority, in its 2016 report on investment performance, listed Penang in second place after Kuala Lumpur in investments for Global Establishments for Services or “Principal Hub”, with an investment value of RM4.1 billion.

Source: FreeMalaysiaToday.com

 

Categories: Bayan Lepas Tags:

Fairview Residence

May 16th, 2017 11 comments

fairview-residence

Fairview Residence, an upcoming affordable housing development at Sungai Ara, Penang. Strategically located next to Setia Pinnacle by SP Setia, about 10 minutes drive away from Setia SPICE. This is a joint venture development between VST Group and BSG Property.

This development will features 34-storey condominium offering 750 units of affordable housing, with an indicative selling price of RM368,000 onwards.

Register your interest here

READ MORE ABOUT AFFORDABLE HOUSING:

Project Name: Fairview Residence
Location : Sungai Ara, Penang
Property Type : Affordable Housing
Built-up Area: 900 sq.ft.
Total Units: 750
Indicative Price: RM368,000 onwards
Developer: VST Group and BSG Property

Location Map:

 

 

Aspen Vision City Development Update

May 12th, 2017 No comments

Covering 245 acres of freehold land in Bandar Cassia, Batu Kawan, Aspen Vision City is the collaboration between Aspen Group and Ikano Pte Ltd, owner of popular furniture franchise IKEA.

Among the key highlights of Aspen Vision City is the development of an integrated shopping centre and the Northern Region’s very first IKEA store. The much-anticipated IKEA furniture store as well as the shopping centre will be placed under the management of Ikano Pte Ltd.

Strategically located at the landing point of the Second Penang Bridge, Aspen Vision City offers a mix of condominiums, shop offices, serviced suites, hotels, office tower, financial hub, medical centre and international school.

Current Developments:

Vervea –  The first phase of Aspen Vision City’s development at the heart of Bandar Cassia, Batu Kawan. Located on a 35-acre freehold land, claimed to be the largest gated and guarded commercial precinct developed in Penang.

Vertu Resort – The very first resort inspired high-rise development by Aspen Group at Batu Kawan, with a gross development value (GDV) of RM620mil. This is the second phase (and the first residential development) in Aspen Vision City.

Vittoria –  Commercial development by Aspen Group at Aspen Vision City in Batu Kawan. It is strategically located next to Vertu Resort Condominium and the future Columbia Asia Medical Centre, right opposite KDU University College.

Viluxe – Gated and guarded luxurious designer bungalow development by Aspen Group in Aspen Vision City. It comprises 157 units zero-lot bungalow with direct access to the future 25-acre Central Island Park. There will be 6 design types to choose from.

IKEA – This  will be the forth IKEA store in Malaysia and the second one outside of Klang Valley after Johor Bahru. The new store is expected to open for public by Q1 2019.

Register your interest for future development at Batu Kawan.

Penang Waterfront Convention Centre

May 12th, 2017 1 comment

the-light-city-view2

The Penang Waterfront Convention Centre (PWCC) spanning 25,083sq m is poised to turn the state into a hub for conventions and exhibitions in Southeast Asia.

Its multipurpose hall will be a sprawling 7,060sq m, the largest ever planned for Penang.

But the best news is that PWCC is part of the 381,000sq m seaside development, The Light City, which will have a retail mall, two luxury hotels, a 28-storey office tower and two premium condominium blocks.

This RM4.5bil freehold project, about 32 acres, is located along Tun Dr Lim Chong Eu Expressway near Penang Bridge and The Light Waterfront.

The project, expected to be ready by 2021, was unveiled by IJM Perennial (IJMP) Development Sdn Bhd recently at a ceremony attended by Chief Minister Lim Guan Eng and 200 guests in The Top@Komtar.

This is a joint venture between IJM Corporation Berhad and Perennial Real Estate Holdings Ltd from Singapore.

Perennial chief executive officer Pua Seck Guan said The Light City would be at a coveted location and designed with a good asset plan.

“It will feature modern architecture with a heritage setting.

“When completed, it will be one of the iconic landmarks in Malaysia,” he added.

He said the five-storey retail mall will cover a total gross floor area of about 140,000sq m, built in such a way that the ambience mimics heritage areas such as Armenian Street.

IJM Land Berhad managing director Edward Chong said the two luxury hotels would offer 745 rooms.

Chong added that the two condo towers, christened Mezzo and Essence, would be 34 storeys tall.

Source: TheStar.com.my

 

Categories: Gelugor Tags: