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Beacon Executive Suites

February 18th, 2014 Leave a comment

beacon-sungai-pinang

Beacon Executive Suites, the latest addition to landmarks in the heart of George Town by Aspen Group. Strategically located along Jalan Sungai Pinang, this freehold development comprises 227 units of executive suites with standard unit size of 980 sq.ft. and a state of art roof top bar & lounge.

Highlights:

  • Integrated development featuring Executive Suites & commercial block
  • Urban living concept
  • Land tenure: Freehold
  • Spectacular rooftop facilities including sky garden, lounge, bar & pool
  • Strategic location with easy accessibility to various amenities

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Project Name : Beacon Executive Suites
Location :
 Georgetown, Penang
Property Type : Commercial & SOHO
No. of Storey: 30
Total Units: 227 (suites), 4 (shoplots)
Built-up Area: RM600,000 onwards
Land Tenure : Freehold
Developer : Aspen Group

Location Map:

Project Video:

Categories: Georgetown Tags: , ,
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  1. Bryant
    February 18th, 2014 at 13:27 | #1

    So many projects by Aspen…is it a good thing or bad thing? But this condo in sg.pinang is attractive..

  2. BlueBirdy
    February 18th, 2014 at 13:52 | #2

    Good or not? It depends on which group you belong to….:) An investor? A flipper? A middle-income earner looking for his/her first home? A foreigner looking for a place to buy+stay? A housing agent?….:)

  3. david
    February 18th, 2014 at 14:01 | #3

    crazy company….1 for all…selling all out

  4. KT
    February 18th, 2014 at 16:26 | #4

    other developer should launch more project like Aspen… lets see how big is Penang market demand!

  5. Investor
    February 18th, 2014 at 20:45 | #5

    How much per sqft?

  6. james
    February 18th, 2014 at 21:07 | #6

    the design is soo ugly and out-dated.

  7. cf
    February 19th, 2014 at 09:42 | #7

    36 storey is really impressive! Do you guys know the exact location for this proj?

  8. Toyota
    February 19th, 2014 at 10:32 | #8

    Already soft launch for VVIP.

  9. psy
    February 19th, 2014 at 11:10 | #9

    I’m interested in this project. Can i have the contact for the developer?

  10. cf
    February 19th, 2014 at 11:23 | #10

    wah…..so fast soft launch already…lol..
    By the way, what is the estimated price psf?

  11. tempurung
    February 19th, 2014 at 11:39 | #11

    This is the modus operandi of ivory related developers.

    (1) Launch a project at slightly above prevailing market rate
    (2) Collect “booking fees” before signing S&P (this is illegal technically)
    (3) Wait long long (typically 3 -5 years) before signing S&P and start site clearance & piling
    (4) Jack up price for “remaining units” (the remaining units here could mean the units booked earlier by “VVIP” – directors, contractors like lawyers, bankers, tile suppliers etc )
    (5) CNY mall road shows, and more road shows.

    So pretty much you can say that from VVIP launch to OC, it will take about 10 years…..:)

  12. QQ
    QQ
    February 19th, 2014 at 11:51 | #12

    how much is the estimated price psf? looks nice and attractive.

  13. penangholiao
    penangholiao
    February 19th, 2014 at 11:52 | #13

    Where is the location? Georgetown? The design is cool & impressive!!

  14. thamchia
    February 19th, 2014 at 11:56 | #14

    @penangholiao

    Beacan boh ho liao lah. Bacon kah ho liao.

  15. penangholiao
    penangholiao
    February 19th, 2014 at 14:52 | #15

    @thamchia

    Bacon of course ho liao! Btw is Beacon!

  16. Beacon
    February 19th, 2014 at 15:42 | #16

    Beacon is not halal, sure bumi will not buy … hehehe

  17. smith
    smith
    February 19th, 2014 at 23:14 | #17

    How come suddenly has so many projects to work on when the credit crunch is starting to bite?

  18. Worst
    February 19th, 2014 at 23:22 | #18

    This project is the worst condo project in Georgetown…Once the info release then your guys will know..But the info i have now is selling at RM1000+psf…

  19. thamchia
    February 20th, 2014 at 08:25 | #19

    @Worst

    Nowadays developers all “khi siao” liao. Everything on island also sell RM1000/sqft mah, no matter worst or best!!

    Then again, this is only “soft launch” price. What developers do is wait for prevailing price to reach that level, then only start to sign S&P. If not, when you ask people to come office to sign S&P, no one turns up….:) So if prevailing market price cannot reach RM1000/sqft, developer will just sit there and wait loh, no S&P, no piling. Ivory does that all the time.

    Ask those who bought Tanjung Park and City Residence how long did they wait before finally getting OC. ….:)

  20. JY
    February 20th, 2014 at 08:36 | #20

    Don’t give wrong info and I get to know on this project before CNY. The selling price from 750K to 860K and build up from 1050 to 1170 sqft (From 715 per sqft onward). Just beside Japanese school.

  21. James
    February 20th, 2014 at 08:36 | #21

    Aspen is by ivory’s ex director

    So most likely quality and practice wise will be the same as ivory

  22. Jakky
    February 20th, 2014 at 09:32 | #22

    Just dugged some info. Alot of things not ready yet that’s why not publish and open for sale. Tentative mid of this year.

    Estimate psf. approx RM650 psf. onwards. Freehold but Commercial title similar to Ivory’s Central @ PTS and Macalister 218 by Tropicana.

    Air-cond for all rooms and living & water heater for bathrooms included, timber flooring for bedrooms, artificial grass for balcony, electronic lockset for main entrance … but this sounds too good to be true as the neighbouring site of the location would be BSG’s Silverdale which I have registered 3 years ago and no news at all so far. Heard BSG’s tactic is to wait for many people to register then launch at higher price. I’ll wait until launching to see for myself in black and white. Just register first la. No need pay anything ma.

  23. QQ
    QQ
    February 20th, 2014 at 09:47 | #23

    Jakky :
    Just dugged some info. Alot of things not ready yet that’s why not publish and open for sale. Tentative mid of this year.
    Estimate psf. approx RM650 psf. onwards. Freehold but Commercial title similar to Ivory’s Central @ PTS and Macalister 218 by Tropicana.
    Air-cond for all rooms and living & water heater for bathrooms included, timber flooring for bedrooms, artificial grass for balcony, electronic lockset for main entrance … but this sounds too good to be true as the neighbouring site of the location would be BSG’s Silverdale which I have registered 3 years ago and no news at all so far. Heard BSG’s tactic is to wait for many people to register then launch at higher price. I’ll wait until launching to see for myself in black and white. Just register first la. No need pay anything ma.

    Thanks for the useful info. will register and wait for it .

  24. penangholiao
    penangholiao
    February 20th, 2014 at 09:54 | #24

    @QQ

    wow interesting! Georgetown RM650psf is worth to buy! i just registered as well :)

  25. Penang lang
    February 25th, 2014 at 19:15 | #25

    the location is very strategic… just went to their office
    price estimated averagely 650 psf. hard to get this kind of price in town centre, furthermore the design and layout is good too. they have private roof top lounge with 2 pool and interesting concept. comes with concierge service too… now need to calculate my budget

  26. steve
    May 16th, 2014 at 17:54 | #26

    hi agent
    please contact/sms me for more details
    0125176072

  27. Zowie oh
    May 29th, 2014 at 12:46 | #27

    How much per sqt? Pls contact my email : zowie_oh@hotmail.com for details

  28. Wah
    June 1st, 2014 at 21:42 | #28

    @Zowie oh
    Is this commercial title or residential?? Sungai pinang is not a good area.. 1 carpark or 2 carpark???

  29. steve
    July 30th, 2014 at 10:42 | #29

    Any agent here have news?

    +60125176072

    whatsapp me for more details.
    i might not able to pick up the call

  30. lester
    September 14th, 2014 at 22:05 | #30

    Anyone have any latest update for this project ?

  31. Farrar
    July 28th, 2015 at 11:45 | #31

    Hope Aspen 1st project in Penang – Tri Pinnacle (affordable home) is a success story which bring a good reputation to all these coming project in both batu kawan and penang island.

  32. Jakky
    August 24th, 2015 at 11:11 | #32

    Dug more info. Project still not yet launch.

    Reason 1 – Penang state just implemented new SOHO guideline
    Reason 2 – Tenants still not fully move out
    Reason 3 – AP/DL issue with Federal government

    I think by the time it is launched will be next year already but stay tuned. I’m still confident that Aspen will introduce Beacon at attractive pricing

  33. Takasiwa
    October 14th, 2015 at 13:35 | #33

    Is this residential condominium or SOHO?

  34. Isaac
    May 13th, 2016 at 22:20 | #34

    @james
    not sure if design is considered out dated but it is too ‘colourful’ for my taste. like a barbie doll apartment. might appeal to some tho

  35. Penang
    August 29th, 2016 at 17:56 | #35

    Premier viewing is coming to town.

  36. joojoo
    January 8th, 2017 at 22:00 | #36

    Any news on this project?

  37. connie
    January 9th, 2017 at 07:09 | #37

    @joojoo

    Yes, the area in which this project will be built was flooded big time last month due to heavy rain. This project site is just sitting on the river bank of the infamous Sungai Pinang. Good luck!

  38. curious
    February 7th, 2017 at 22:00 | #38

    Visited Aspen office, this project is in soft launch now with target completion on 2020. I find it interesting, especially with fully furnished condition and also the one app house control technology. The minus point is again, which is on flood prone area. hopefully the government or developer can do something…

  39. Update
    February 14th, 2017 at 22:34 | #39

    Anyone has the latest updates for this project?

  40. Flood
    February 22nd, 2017 at 00:13 | #40

    Flood mitigation plan budget already allocated by Government

    http://www.thestar.com.my/news/nation/2016/11/09/sungai-pinang-flood-mitigation-project-to-start-next-year/

  41. Rio
    February 22nd, 2017 at 13:45 | #41

    Flood mitigation for Sungai Pinang has been talked about for decades, in the 80s, 90s, 2000s, 2008 after new gov took over, 2010s, talk, talk talk, but still it is happening. It’s been 8 years since the new state gov, problem still persists. More talk is coming I am sure.

  42. Flood
    February 23rd, 2017 at 23:00 | #42

    yeah, it was just talk and talk back then but budgets are allocated and work are in progress…let’s see if it is true..

  43. Jordan
    March 23rd, 2017 at 23:29 | #43

    how much is the price now? any updates?

  44. CJ
    May 8th, 2017 at 22:32 | #44

    last time i heard is about 650k for 980sqft…

  45. Guest
    March 26th, 2018 at 00:07 | #45

    Guys, i heard their license got issues. Anyone has any updates? I called sales office but no definitive answers given.

  46. fagaha
    March 26th, 2018 at 07:07 | #46

    License issues? Consider the buyers lucky because they will be getting refunds instead of floods.

  47. Guest
    April 3rd, 2018 at 09:54 | #47

    refunds? it wont be that serious. The most is the development plan / license will need to be relook and resubmit for better drainage control and etc. the development will go on.

    But delay is unavoidable.

  1. October 9th, 2017 at 01:19 | #1
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