Vertu Resort vs Suria @ Hijau E-Komuniti

September 18th, 2017 2 comments

Wanted to stay near IKEA? You have a few options with price starting from RM72,500 onwards. With Suria @ Hijau E-Komuniti affordable units now open for public (open market), you can now grab a 1,000 sq.ft. unit for less than half the price of a similar size in Vertu Resort Condominium. These two projects are only 1km apart. :)

Vertu Resort Suria @ Hijau E-Komuniti
Developer Aspen Group Penang Development Corporation
Location Batu Kawan Batu Kawan
Standard unit size 1,030 sq.ft. – 1,800 sq.ft. 800 sq.ft. – 1,000 sq.ft.
Price psf. RM386 onwards RM186 onwards
No. of carpark 2 1
Selling Price RM398,000 onwards RM168,000 onwards
Development land size 7.2 acres 6.7 acres
Land tenure Freehold Leasehold
Total units 1,282 520
Expected completion 2021 2017
Highest floor 43 40
5 nearest schools
  • Upcoming KDU Univerity College (1km)
  • Upcoming ALC College (4km)
  • SK Batu Kawan (5km)
  • SRJK(C) Keng Koon (6km)
  • SRJK(C) Boon Beng (12km)
  • Upcoming KDU Univerity College (1km)
  • Upcoming ALC College (4km)
  • SK Batu Kawan (4km)
  • SRJK(C) Keng Koon (5km)
  • SRJK(C) Boon Beng (11km)
  • 5 nearest malls
  • Penang Design Village (1km)
  • Upcoming IKEA Penang (0.5km)
  • Tesco Alma (13.5km)
  • Aeon Jusco Bukit Mertajam (13.5km)
  • Pearl City Business Park (11km)
  • Penang Design Village (0.5km)
  • Upcoming IKEA Penang (1.5km)
  • Tesco Alma (13.5km)
  • Aeon Jusco Bukit Mertajam (13.5km)
  • Pearl City Business Park (11km)
  • Web popularity (Since 1/Jan/17) 9,800 pageviews 4,978 pageviews
    Travelling to
    (off peak)

    • Penang Bridge
    • 2nd Bridge
    • Airport
    • Komtar
    • FTZ
     
     

  • 22km (18 minutes)
  • 4km (4 minutes)
  • 28km (26 minutes)
  • 38km (35 minutes)
  • 24km (20 minutes)
  •  
     

  • 22km (18 minutes)
  • 4km (4 minutes)
  • 28km (26 minutes)
  • 38km (35 minutes)
  • 24km (20 minutes)
  • Key highlights
    (by developer)
  • 10 mins walking distance to IKEA Penang
  • Move-in condition with furniture and electrical appliances
  • More than 200,000 sqft facilities spaces
  • Seamless accessibility and connectivity
  • (No feedback from developer)
    More about Vertu Resort More about Suria @ Hijau E-Komuniti
    Categories: Property News Tags:

    RM220K affordable state housing at Batu Kawan only 25% sold

    September 18th, 2017 7 comments

    affordable-suria-1Work on the Suria 1 affordable housing project in Bandar Cassia, Batu Kawan, comprising 520 units by the Penang government has been completed.

    The project, which comprises three blocks of medium and low medium-cost units, is the first phase of the 25-stage plan to build 11,800 residential units and 200 shop lots.

    It was reported that the three blocks were built within 2.6ha land with a gross development value of RM86.9mil.

    State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the project, which started in July, 2014, was waiting for the Certificate of Completion and Compliance to be issued by end of this year.

    “I understand that 86% of the project’s Type B (RM72,500) and 73% of Type C2 (RM168,000) have been sold.

    “But 273 units of Type C3 (RM220,000) with 1,000 sq ft space are still available as only 25% had been sold,” he said recently.

    He added that the whole project was expected to be completed in the next 15 years.

    “A total of 20 phases are for residential development while five phases will comprise facilities.

    “So far, the food court complex under Phase 2 and a surau under Phase 3 have been completed,” he said.

    Source: TheStar.com.my

    Categories: Property News Tags:

    Landmark RM10bil development taking shape

    September 14th, 2017 2 comments

    aspe-vision-city-master-plan

    The first phase of the RM10bil Aspen Vision City in Batu Kawan is scheduled for completion at the end of next year.

    The first phase comprises an Ikea store, Columbia Asia Medical Centre and Vervea, a commercial project.

    Aspen (Group) Holdings Ltd president and chief executive officer Datuk M. Murly (pic) said the Vervea would be ready end of 2018.

    “The Ikea store will open in the first quarter of 2019,” he added.

    Murly says the Vervea, located on a 35-acre site with prominent visibility, is the largest gated and guarded commercial precinct in the northern region.

    “Vervea comprises a vibrant collection of versatile commercial shop offices complemented with a host of business-centric features.

    “It has 441 units of three and four-storey shop offices, equipped with business-enhancing amenities such as ample parking space and strategically-positioned external linkages.

    “Easily accessible from the second Penang bridge, North-South Express Highway and other major roads, Vervea enjoys a continuous flow of high-value customer traffic from both Penang island as well as the mainland,” he added.

    The other component of Aspen Vision City is Vertu Resort, which is scheduled for completion in 2020.

    Murly said the group had started the piling works for the project.

    “As the first residential development in Aspen Vision City, Vertu Resort is also the first resort-inspired high-rise development in mainland Penang,” he said.

    Vertu Resort is furnished for a truly move-in condition with home furnishings as well as electrical and kitchen appliances.

    “Set to raise the standard of living for everyone and providing a first-look into the cosmopolitan lifestyle that Aspen Vision City is set to be a model city for — Vertu Resort packs plenty of facilities and amenities to suit individual styles and preferences.

    “From the 152m-long swimming pool to the rock climbing adventure area, Vertu Resort offers an abundance of activities to do in a holistic living environment that caters for everyone,” he added.

    On the group’s first affordable condominium in Tanjung Tokong, Tri Pinnacle, Murly said it is the first private-initiated affordable housing project in Penang, scheduled for completion in end of 2018.

    “The project is widely recognised as the catalyst initiative that inspired a host of similar affordable developments from other private developers across Penang, which has successfully set a new benchmark for affordable housing projects.

    “It is equipped with state-of-the-art rooftop facilities that include a sky infinity swimming pool at the rooftop,” he added.

    On the upcoming projects for Aspen Vision City, Murly said the group was planning the RM350mil Viluxe Villa residential scheme, the RM238mil Vittoria Financial Centre and the RM613mil HH Galleria.

    “The Viluxe Villa comprises 13 bungalow units, while the Vittoria Financial Centre has five blocks of commercial buildings and an office tower.

    “The HH Galleria is a mixed development project with two condominium blocks, shop offices and retail spaces,” he added.

    Murly said the group was planning a shopping mall in Aspen Vision City which would cost RM1bil to construct.

    “The mall, scheduled for opening in either 2020 or 2021, will have a net lettable area of 1 million sq ft,” he said.

    Source: TheStar.com.my

     

    Categories: Property News Tags:

    How To make RM20,000 to RM60,000 A Year in Property Investment, without having to sell it

    September 14th, 2017 Comments off

    house1Article by Freemind Works

    To own our own home is viewed by society as one of the key milestones of being successful. Hence, we will almost always buy a property for our own stay first.

    However, with the rising home prices and the fact that our salary or income is still at the level it was 10 years ago, owning a home continue to be a big challenge to many people.

    Therefore, to be a smart property investor, you need to have the right strategy or methodology.

    To find out more, How To make RM20,000 to RM60,000 A Year in Property Investment, without having to sell it, click here:

    >>> http://bit.ly/proptalk17

    #1. You should never buy your first property for own stay. Buy your investment property first.

    Firstly, buy a property for investment. Make money buying this property. Rinse and repeat. By doing so repeatedly, you will be able to build up sufficient fund to eventually buy your dream home.

    #2. Buy the investment property at below market value.

    By following the 15 steps outlined in the Master Key Method®, you can potentially identify a below market value. A property that fits into all the criteria will enable you to make money when buying your investment property. The seed money generated will enable you to buy your next property and slowly build up a sizeable property portfolio.

    #3. Maximize your ROI.

    Always aim to maximize your ROI when buying your property.

    When we invest our hard-earned money in any investment vehicle, one of the most important criteria for us to consider is the Return On Investment (ROI). Using the Master Key Method®, we can increase our ROI up to 2,000%!

    If you recall, the recent money game scheme that got busted offered a return of 240%. Based on this high return, many will say that it is a scam. But I’m telling you now that buying the right property can generate even higher returns.

    house2Let me illustrate:

    Using the Master Key Method®, you identified a property selling at RM100,000. You buy this property with only RM1,000 and you make RM20,000 from just this one property. Let’s calculate the returns.

    (%)ROI = RM20,000/RM1,000 x 100% = 2,000%

    That is a whopping 2,000%.

    The best part about using this method is that you still own the property and continue to collect monthly rental that gives you positive cash flow and passive income every single month.

    I will be sharing more about the Master Key Method® and how you can invest in Property With Under RM1,000 and make RM20,000 to RM60,000 A Year with high ROI, on the following date:

    Date: 23 September 2017 (Saturday)
    Time: 1pm – 6pm
    Venue: Vistana Hotel

    So do block your calendar reserve your seat.

    And now for the good news. For readers of Penang Property Talk, you get to attend this workshop for FREE. But only for the first 17.

    Click here now to reserve your seat:

    >>> http://bit.ly/proptalk17

    – Kaygarn Tan

    [Sponsored Ad]

    Categories: Property News Tags:

    New Thean Teik Highway – Lebuh Bukit Jambul link ahead of schedule

    September 14th, 2017 12 comments

    new-route-hillWork on Jalan Bukit Kukus, the alternative road linking Lebuhraya Thean Teik in Bandar Baru Air Itam to Lebuh Bukit Jambul in Penang is progressing slightly ahead of schedule.

    The project, which began on Jan 15 last year, is slated to be completed on Jan 14, 2019.

    Penang Island City Council (MBPP) Infrastructure and Traffic Committee alternate chairman Muhammad Bakhtiar Wan Chik said the overall progress of the project was currently at 36% while the progress of the three segments under the MBPP was slightly ahead of schedule.

    “Meanwhile, private developers PLB Land Sdn Bhd and Geo Valley Sdn Bhd are working on two stretches of the 5km road.

    “Segments 1 and 2 which involved upgrading works to the existing road have been completed while Segment 3 is 45% completed.

    “On top of that, MBPP is also constructing a 600m elevated road linking Jalan Bukit Kukus to Jalan Tun Sardon,” he said during a site visit to the project in Bayan Lepas yesterday.

    Muhammad Bakhtiar said the council was upgrading a 1.1km stretch along Lebuhraya Thean Teik and a 1.5km stretch along Lebuh Bukit Jambul as part of the project.

    “We are also building an elevated U-turn along Lebuh Bukit Jambul for those who want to make a turn and go back to Relau.

    “The right turn from Tingkat Bukit Jambul to Lebuh Bukit Jambul will be removed and a roundabout is being installed for safer and smoother traffic.

    “People from Paya Terubong can directly access Lebuh Bukit Jambul via the roundabout,” he said.

    Muhammad Bakhtiar said the three segments by the council cost RM275.6mil while the whole project would cost RM545mil.

    MBPP Engineering Department deputy director A. Rajendran, who was also present, said they were currently building the columns with the highest being 50m along Segment 3.

    “One of the reasons we are building such high columns is to minimise hill cutting.

    “We are trying to minimise the disturbance and we will also plant trees and shrubs after the project is completed.

    “We are currently working on creating the road platform, and strengthening and stabilising the slopes,” he said.

    Rajendran added that the main issue faced by the project was the unpredictable weather.

    “The rainy season has made it difficult as we cannot do any earth works when it rains.

    “We are hoping everything goes as scheduled and barring any unforeseen circumstances, we will be able to complete the project on schedule,” he said.

    The alternative road is intended to ease traffic congestion along Jalan Paya Terubong, which is an arterial road linking Bayan Baru, Balik Pulau and Air Itam.

    Source: TheStar.com.my

     

    Categories: Property News Tags: