Penang Property Talk

Another newly proposed affordable housing by Jernih Prospektif Sdn. Bhd. at Balik Pulau. Located along Jalan Pulau Betong, adjacent to Seri Balik Pulau Fire and Rescue Department. It is about 10 minutes drive to Balik Pulau town, under 20 minutes drive to Penang International Airport.

This development comprises a mix of affordable housing and shop-lots, to be launched in 3 phases:

Phase 1:

• 2 block of 16-storey affordable housing (1,224 units) – 650 sq.ft.
• Single storey shop-lots (8 units)

Phase 2:

• 2 blocks of 16-storey affordable housing (360 units) – 650 sq.ft.
• Single storey shop-lots (6 units)

Phase 3:

• 10-storey affordable housing (320 units) – 750 sq.ft.

This project is still pending for approval, more details to be available upon official launch.

Property Project : (to be confirmed)
Location : Balik Pulau
Property Type : Affordable housing and shop-lots
Tenure: Freehold
Total Units : 1,584 (650 sq.ft.), 320 (750 sq.ft.), 14 (shop-lots)
Indicative Price : RM150,000 (estimated for 750 sq.ft.)
Developer : Jernih Prospektif Sdn. Bhd.

Location Map:

Yet another newly proposed development by Premium Flame Development Sdn. Bhd. at Sungai Ara. Located along Lintang Sungai Ara 10, surrounded by Imperial Residence, One Imperial, Idaman Lavendar 2 & 3, Idaman Cempaka and Idaman Melur. It is about 3km from Setia SPICE, 10 minutes drive to Penang International Airport.

This development will feature a mixed of landed and high-rise residences, to be developed in 2 parcels:

PARCEL 1:

• 3-storey bungalows (3 units)
• 3-storey semi-detached (22 units)

PARCEL 2:

• 48-storey condominium (500 units), with 6 levels of car park.

This project is still pending for approval, more details to be available upon official launch.

Property Project : (to be confirmed)
Location : Sungai Ara
Property Type : Bungalow, Semi-D & Condominium
Tenure: Freehold
Total Units : 3 (bungalow), 22 (semi-d), 500 (condo)
Indicative Price : (to be confirmed)
Developer : Premium Flame Development Sdn. Bhd.

Location Map:

The Essene, the second residential project at The Light City within the established township of Gelugor. Located at the northern part of The Light City, less than 3 minutes drive to Penang bridge.

This residential project will house 315 units of homes over two 37-storey residential towers. It is expected to launch after The Mezzo.

More details to be available upon official launch.

Property Project : The Essene @ The Light City
Location : Gelugor, Penang
Property Type : Residential
Tenure: Freehold
Total Units : 315
Indicative Price : (to be confirmed)
Developer : IJM Perennial Development

Location Map:

A newly proposed residential development by HYZ Realty Sdn. Bhd. at Persiaran Relau/Jalan Kampung Batak in Sungai Ara. Located adjacent to Sierra Residences and Imperial Residence 2, about 3km away from Setia SPICE. Other surrounding communities include Skycube Residence, Gardens Ville, Idaman Lavendar 2 and Zan Pavillion.

This development will see the construction of two high-rise residential buildings:

• 33-storey condominium (142 units)
• 12-storey condominium (42 units)

This project is still pending for approval, more details to be available upon official launch.

Property Project : (to be confirmed)
Location : Sungai Ara
Property Type : Condominium
Tenure: Freehold
Total Units : 184
Indicative Price : (to be confirmed)
Developer : HYZ Realty Sdn. Bhd.

Location Map:

I-Residences, an upcoming mixed development by Ideal Property Group at Island Glades, Penang. Strategically located within an established neighborhood near Jalan Bukit Gambier, less than 5km away from University Science malaysia (USM) and Penang Bridge. Neighbouring communities include Oasis Condominium, Raffles Residence 199, Mutiara Court and etc.

This development comprises 2 blocks of 44 & 46-storey buildings, offering a total of 855 condominium units. There will also be 66 units of 3-storey shop offices.

Project is still pending for approval. More details to be available upon offical launch.

Project Name: I-Residences
Location : Island Glades, Gelugor
Property Type : Mixed development
Built-up Area: (to be confirmed)
Total Units: 855 (condo), 66 (shop office)
Indicative Price : (to be confirmed)
Developer : Ideal Capital Venture Sdn. Bhd. (Ideal Property Group)

Location Map: