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Pearl Avenue @ Pearl City

January 16th, 2013 Leave a comment

Pearl Avenue, a new commercial development which is located at Pearl City, between Seberang Perai Tengah and Seberang Perai Selatan (the heart of Simpang Ampat), surrounded by mature residential estates, industrial parks and government agencies.

Accessible from the North-South Highway with just 5 minutes from Bukit Tambun interchange, 10 minute to Penang Science Park, and 15 minute to Penang Second Bridge. Pearl Avenue is also surrounded by comprehensive amenities, a broad choice of learning institutions, supermarkets, shops, and other facilities. It also fronting main road and near to proposed international school.

Property Project : Pearl Avenue @ Pearl City
Location : Simpang Ampat, Penang
Property Type : 2 & 3-Storey Shop Office
Units: 92 units (2-storey shop office), 8 units (2-storey shop office)
Developer: Tambun Indah
Land Tenure: Freehold

Categories: Simpang Ampat Tags:
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  1. kelvin
    January 16th, 2013 at 11:07 | #1

    is this by Tambun Indah developer? what is the size and price? when is the launching date?

  2. cl
    January 16th, 2013 at 13:56 | #2

    yes tambun indah developer. Good for investment?

  3. Beh kang hua
    January 16th, 2013 at 22:53 | #3

    Price, launching date?

  4. Alibaba
    January 17th, 2013 at 17:08 | #4

    I bought 2 units facing main road………I think the price will increase very soon

  5. Tan
    January 17th, 2013 at 17:12 | #5

    2 units ? Wat is the price ?

  6. Cbchang
    January 17th, 2013 at 17:26 | #6

    Where is this place ?

  7. chiew
    January 18th, 2013 at 12:10 | #7

    @Cbchang
    Bandar Tasek Mutiara, Simpang Ampat

  8. sun
    January 21st, 2013 at 00:00 | #8

    how much does the price for 2T&3T shop??
    booking fees?? all in???

  9. juan
    January 21st, 2013 at 10:04 | #9

    booking fee is rm10k.. Price …. keeping increasing :(

  10. steve
    January 21st, 2013 at 11:19 | #10

    what is the selling price now? worth to buy?

  11. Alibaba
    January 21st, 2013 at 15:53 | #11

    There have proposed hypermarket & Mall in future…..

  12. Cbchang
    January 21st, 2013 at 15:55 | #12

    I booked on Sunday, RM 808k facing main road……I think Tambun will develop it very well since their house still hot sales …..

  13. steve
    January 21st, 2013 at 17:06 | #13

    @Cbchang
    Wow…chang, almost double of pearl square 1…..what business can do to sustain the high monthly instalment, will it be too risky…?

    sorry for my negative mind.

  14. Cbchang
    January 24th, 2013 at 11:23 | #14

    @steve
    steve, i always buy shops for investment, 800k shops can rent out 3k++, i think is enought. by the way the residential house worth 800k cant rent out more than 3k. furthermore the land cost now very high, difficult to find shops below 800k…..

  15. Cbchang
    January 24th, 2013 at 11:27 | #15

    @steve
    I have own formula to invest in shops, so far have 6 shops on hand range from 600k to 1 mil, all can find tenant easily …. someone in butterworth can rent more than 4k…haha

  16. Alibaba
    January 24th, 2013 at 11:41 | #16

    Just view the plan yesterday, now the bandar tasek mutiara is totally different since Tambun Indah take over, my family also consider to invest 2 shops….

  17. steve
    January 24th, 2013 at 14:29 | #17

    Cbchang :
    @steve
    steve, i always buy shops for investment, 800k shops can rent out 3k++, i think is enought. by the way the residential house worth 800k cant rent out more than 3k. furthermore the land cost now very high, difficult to find shops below 800k…..

    but 3K+ is not enough to cover instalment, negative cash flow….

  18. steve
    January 24th, 2013 at 14:30 | #18

    Cbchang :
    @steve
    I have own formula to invest in shops, so far have 6 shops on hand range from 600k to 1 mil, all can find tenant easily …. someone in butterworth can rent more than 4k…haha

    All 6 getting positive cash flow?

  19. steve
    January 24th, 2013 at 14:32 | #19

    Alibaba :
    Just view the plan yesterday, now the bandar tasek mutiara is totally different since Tambun Indah take over, my family also consider to invest 2 shops….

    Still got units left? what price now?

  20. ken
    January 30th, 2013 at 09:38 | #20

    May I know what is the price now???

  21. james
    February 1st, 2013 at 23:28 | #21

    i just go to the sales gallery this afternoon. Facing main road is 808k facing proposed leisure mall is 778k. Still comparing pearl avenue and Impiana Avenue by DNP. Any comment?

  22. Tony
    February 5th, 2013 at 03:14 | #22

    where is Impiana Avenue? Same price range with Pearl Avenue?

  23. james
    February 5th, 2013 at 07:58 | #23

    Impiana Avenue just opposite Tesco Alma. 1.01M but DNP giving 50k rebate. Just left one shop office..

  24. ken
    February 5th, 2013 at 14:29 | #24

    May I know phase 4 has opened?? The one closed to Medical Centre and Leisure mall?

  25. Tony
    February 6th, 2013 at 01:29 | #25

    james :
    Impiana Avenue just opposite Tesco Alma. 1.01M but DNP giving 50k rebate. Just left one shop office..

    1.01M is sub-sale price?

  26. Tony
    February 6th, 2013 at 01:33 | #26

    ken :
    May I know phase 4 has opened?? The one closed to Medical Centre and Leisure mall?

    according to james, i guess phase 4 has already opened, should be 778K facing leisure mall.

    i just worry the afternoon sun…

  27. james
    February 6th, 2013 at 03:18 | #27

    @Tony
    No.. is direct from DNP..

    @Ken
    the one that closed to Leisure mall is the last row. Not yet opened.. According to the sales person it will be more expensive.

  28. Tony
    February 6th, 2013 at 11:32 | #28

    the one that closed to Leisure mall is the last row. Not yet opened.. According to the sales person it will be more expensive.

    oh…then 778K should be the 3rd row from right.

    am more interested to their leisure mall…

  29. james
    February 6th, 2013 at 14:08 | #29

    you can call and ask but from my understanding Tambun Indah only rent out the shop lots in their leisure mall..

  30. ken
    February 6th, 2013 at 14:25 | #30

    Yes, shop lots in leisure mall only for rent, not for sale

  31. ken
    February 6th, 2013 at 14:26 | #31

    It is good for not selling shop lot in leisure mall due to management issue.

  32. Tony
    February 7th, 2013 at 00:37 | #32

    oh……too sad….

    then phase 4 facing mall is best location i guess

  33. SAM
    March 4th, 2013 at 09:21 | #33

    FB for the project to get some info:
    https://www.facebook.com/groups/275967965868974/

  34. ken
    March 14th, 2013 at 16:56 | #34

    Anyone signing S&P?

  35. Way Ming
    Way Ming
    March 17th, 2013 at 04:06 | #35

    the 2 blocks nearest to the mall has been launched. 1 row facing the main road, another the mall. price 848k facing main road and 808k facing the mall.

    heard fr friend that they have already received letter fr the lawyer, S&P ready for signing. a portion of the buyers signed while others are waiting for loan approval status before signing. it was short notice fr tambun indah.

  36. Steve
    March 20th, 2013 at 13:52 | #36

    anybody sees construction begin at the site?

  37. Way Ming
    Way Ming
    April 6th, 2013 at 03:57 | #37

    construction will take some time before anything is visible. besides, they cordon off the site of pearl avenue, can’t see the inside. ‘Maybe’ just starting to lay the groundwork, levelling, and such.

  38. Cbchang
    May 2nd, 2013 at 16:32 | #38

    Yes, the sales said the mall planning nearly complete, will be announce soon within this 2 months. They called Pearl City Mall, the first mall in SPS…

  39. Ubah Bro
    May 2nd, 2013 at 16:34 | #39

    Last Saturday I visited the sales gallery and saw a group of investor with the TAMbun Indah boss discuss about hospital, I think they are planning about hospital….

  40. Steve
    May 2nd, 2013 at 19:16 | #40

    @Cbchang

    In view of the road traffic flow, u think Lot 1-12 better or Lot 89-100?

    Quite hard to decide…

  41. IniKaliLah
    May 3rd, 2013 at 23:45 | #41

    I noticed Tambun Indah removed SIS from its web site…. So no more SIS in Pearl City???

  42. helicopter
    May 4th, 2013 at 00:38 | #42

    Yeah..no more SIS

  43. ken
    May 23rd, 2013 at 10:23 | #43

    what is SIS?

  44. Steve
    June 3rd, 2013 at 17:24 | #44

    @ken
    Straits International School

    But they already withdraw from the project.

  45. Ryan
    June 26th, 2013 at 00:14 | #45

    Anyone know whether any unit of shoplot left? Wats the price now..thx

  46. Mouls
    July 25th, 2013 at 09:46 | #46

    Any other international school is in proposal near this pearl city.plz let me no we are epatriates from INDIA and lokin for international school in Main land.And anybody can tell me any international school in main land near BM also …

  47. Steve
    December 29th, 2013 at 12:12 | #47

    http://biz.sinchew.com.my/node/87653?tid=6

    http://www.gemseducation.com/

    Good news to Pearl City, hope it can convert into reality.

  48. wac
    February 18th, 2014 at 09:12 | #48

    RM808k is 3storey?
    how many sf?

  49. Derek Chia
    April 16th, 2014 at 13:42 | #49

    My friends and I book 2 units facing the malls, so far the sales team confirm the GEMS and Hypermarket from Kedah, Leisure mall not yet built!

  50. Ken 123
    January 19th, 2015 at 11:27 | #50

    Anyone who own three storey shop would like to sell, pls contact me kennethang300@hotmail.com

  51. Dean_Hari
    February 7th, 2015 at 10:38 | #51

    i heard and not sure how true it is…
    IKEA on hold its project in Batu Kawan. They further expand in KL.

  52. simon tay
    May 23rd, 2015 at 18:13 | #52

    request for pricing.

  53. Steve
    August 6th, 2015 at 08:17 | #53

    The construction is completed.

    TI will distribute keys during 18-20/Aug…

    Anyone operates business by ownself…?

  54. carmenteh3388
    carmenteh3388
    August 13th, 2015 at 14:58 | #54

    i got 1 unit want to sell , face hyper mart RM 880K .

  55. Bebe
    August 25th, 2015 at 07:55 | #55

    Hi Carmentah3,

    I am interest , PM me please . Workathome1688@gmail.com

  56. vnis
    September 12th, 2015 at 17:31 | #56

    Hello Carmenteh,

    I am interest too. PM me as well
    ttsquare1@gmail.com

  57. Sky
    December 31st, 2015 at 12:39 | #57

    Hi owner, anyone want to let go / sell your unit, just email me skyflykoik@gmail.com . Happy New Year

  58. Seaview
    December 31st, 2015 at 19:49 | #58

    @Sky
    What is the offer from buyer? If less than 1.2M..then forget it.

  59. Siaw ling
    January 10th, 2016 at 19:17 | #59

    Anyshop to let in pearl city mall? Third floor.

  60. Steve
    March 1st, 2016 at 15:42 | #60

    I got one unit 2-storey shop thinking to let go, facing mall at RM 1.1M .

  61. valiant
    April 13th, 2016 at 21:50 | #61

    @Steve
    is a corner unit?

    interm is selling about rm800k to be fair. over this is over priced for simpang ampat

  62. wesleywesley04
    April 26th, 2016 at 15:40 | #62

    I got one unit 2-storey shop want to let go, facing mall at RM 900K .

    market value more the 1m . refer tambun indah sale office

  63. wesleywesley04
    April 30th, 2016 at 14:44 | #63

    who interesting let me know ya

  64. NgSoonHeng
    November 10th, 2017 at 17:17 | #64

    who want leggo the shop lot? RM400K I buy cash.

  65. Beckham
    November 10th, 2017 at 23:39 | #65

    NgSoonHeng :
    who want leggo the shop lot? RM400K I buy cash.

    i pay for RM401k any one ?

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