Penang Property Talk

Vista Jambul, strategically located within the established township of Bukit Jambul, Penang. This is a Gated and Guarded residential development comprises 24 units of 3-storey terrace, 2 units of 3-storey  semi-detached and 7 units of 3-storey bungalow houses.

Property Project : Vista Jambul
Location : Bukit Jambul, Penang
Property Type : 3-Storey Terrace, Semi-Detached & Bungalow
Tenure : Freehold
Developer : Enrich Heritage Sdn. Bhd. (Airmas Group)

Indicative Price: RM 1,280,000 onwards

The C.E.O, a proposed smart office building located within Bukit Jambul area. This project comprises of 250 office suites and retail mall on the first two floors. This project has been on-going for almost 5 years (it was launched in January 2006) and it is still not fully completed to date.

Heated negotiation on 23/5…

Issues:

• Mezzanine floor could not be build for some of the corner units and its size reduced from ~480 sq.ft to ~280 sq.ft. Developer is ok to buy back at the original selling price. However, no compensation given.
• Discrepancy on  vacant possession. No compensation on liquidated damages. Some units still not usable.

Updates:

• [23/5] - First group negotiation
• [31/5] - Received clarification and proposal of compensation from developer. Purchaser disagree with small amount or no compensation. Requested to meet directors on 7/6.

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Location : Bukit Jambul, Penang
Property Type : Retails and SOHO office suites
No of units : 250 (office suites)
Built-up Area : 500 sq.ft. onwards
Land Tenure : Leasehold
Developer : Ideal Property
Price: RM 120,000 onwards

Inspired by the concept of exclusive boutique living. The Address is destined to be home to the privilege few who appreciate the finer thing in life. It is a landmark residence that is truly in a class above.

Special Features

• Green Building
• Lifestyle living
• Low density 148 units only – Boutique Condo 124 units & Duplex Loft 24 units
• Good finishes & fittings
• Complete with Air-cond units to Rooms & Living HD cable ready for SMATV
• Broadband
• Duplex lower lofts comes with private Jacuzzi and direct excess to swimming pool from the units
• Duplex upper lofts has double volume ceiling height at the living area

Property Project : The Address @ Bukit Jambul
Location : Bukit Jambul, Penang
Property Type : Condominium
Built-up Area : 1,431 – 2,476 sq.ft.
Total Units : 148
Indicative Price: RM660,000 onwards
Developer : IJM Land
Website : www.ijmland.com