Penang Property Talk

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.

The 44.3-acre Utropolis Batu Kawan development, with an approximate Gross Development Value (GDV) of RM1.8 billion, comprises well-integrated residential, commercial, retail and hotel components, anchored by a new flagship campus for KDU Penang University College, owned and operated by Paramount Education. The 10.5-acre campus will be the biggest purpose-built campus in Batu Kawan when fully completed.

Work on the development has commenced; the campus is scheduled for completion by 2019, while the first phase of the property development offering, comprising offices and retail shops, is now on sale, with gross prices starting from RM326,600. The second phase is expected to launch soon.

Find out more about Utropolis @ Batu Kawan

Queens Waterfront, a waterfront development by Ideal Property Group, with a total gross development value (GDV) of RM2.15 billion.

This development sits on 36.53 acres, of which 24.79 acres are reclaimed land. It will comprise an 11.74-acre residential component known as Queens Residences, a 6.1-acre marina, a waterfront promenade known as Queens Waterfront Promenade, the Queens Sports Centre and an international school.

Check out MORE AERIAL VIDEOS taken by Penang Property Talk

Masterplan:

Project Location:

A new centre of connectivity is fast appearing, where a new hub for integrated transportation, integrating rail, ferry and bus services, will soon rise in the north. Check it out in the video below.

Serving as the centre of transportation for Penang and the northern corridor, the hub also integrates retail, commercial and residential development within the planned 6 million square feet of development.

This is currently under construction. When completed, it will be the main integrated transportation hub for Penang, combining rail, road, sea and other transportation services – some 200,000 passengers are expected to use the terminal daily when it become fully operation.

Location Map:

Woodsbury Suites, an on-going service apartment located along Jalan Chain Ferry, within the Harbour Place township development in Butterworth. It comprises 420 units of service suites with built-ups ranging from 550 sq ft to 2,270 sq ft. There are eight contemporary layout design to provide for flexibility in defining space according to individual needs.  To find out more about the location and latest progress, check out the video below. (Available in Full HD)

Click here to find out more about Woodsbury Suites

Location Map: