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New developer to take on its first project in Penang

May 16th, 2013 Leave a comment

NEW developer Gema Intan Sdn Bhd is set to embark on its first development project early next month in Penang, its managing director Teh Tatt Chin said.

Known as Skyview, the mix residential and commercial project will be built on a 1.18ha of land, formerly belonging to temple association Persatuan Leng Eng Siah Sam Ong Hu Pulau Pinang in Perak Road, Jelutong.

“The project will include six units of shop offices fronting Perak Road, followed by 12 shop lots, 252 condominium units and 109 low medium-cost apartment units.

“For the condominiums, we decided on luxury semi-detached homes with eight units per floor, serviced by four lifts.

“Residents can enjoy a super condo layout. They can have wet and dry kitchens as well as a yard. There will be two master bedrooms and at least three bathrooms per unit,” he said.

Teh said the low medium-cost apartments would also comprise of eight units per floor and be serviced by two lifts.

He added that negotiations with 34 squatters who had previously stayed on the land had been carried out earlier to make way for the project.

“The project is expected to be completed in three years,” he said after witnessing the project’s groundbreaking ceremony launched by Jelutong MP Jeff Ooi and Sungai Pinang assemblyman Lim Siew Khim on Monday.

Source: StarProperty.my

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  1. Bryant
    May 16th, 2013 at 22:44 | #1

    Good luck to those who bought units here.. I believe it will be a good ones. I went to gema’s office dec last year and what’s left is few units on high floors… Didn’t booked a unit back then..

  2. Believer
    May 17th, 2013 at 00:18 | #2

    The location “Perak Road” already turn away many people.

  3. tomyam
    May 17th, 2013 at 07:25 | #3

    @Believer

    I thought Perak road is one of the hottest place for those medium cost house…
    like symphany park, kheng tian etc.. price up so crazy…

  4. Believer
    May 17th, 2013 at 11:47 | #4

    @tomyam

    Symphony Park Apartment is hidden behind shop houses and these
    people can’t really see it. Doesn’t has a grand entrance. Kheng Tian
    location is worse whereby you have “Pasar Malam” infront of it every
    Friday and is a nuisance.

  5. Singapore Lang
    May 19th, 2013 at 14:38 | #5

    Gone through many comments in this site. For those haven’t got a home keep finding reason this and that base on own feeling. One thing always ignore is buying sentiment of Penangist. Penangist like convenience location regardless it is clouded, noisy or traffic jam. If the location is very convenient to school, pasar, hawker centre, foods court, restaurant , shipping mall especially. The price will be appreciated the most. If you think, quite and peaceful property, in general it is least successful investment. This not just apply to Penang. It happen everywhere in Asia cities. Good luck investor.

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