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E&O’s Tamarind property project launch this weekend

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Tamarind project: Lau showing the scale model of the RM900mil Tamarind project at E&O’s showroom in Seri Tanjung Pinang

Eastern & Oriental Bhd (E&O) will release for registration the second tower of its RM900mil Tamarind project this weekend at its show gallery in Seri Tanjung Pinang, Tanjung Tokong.

E&O marketing and sales general manager (Penang) Christina Lau said the first tower block had registered a 90% take-up rate since its soft launch in February, prompting E&O to open the second block for registration on June 20 and 21.

The Tamarind project will also be officially launched this weekend.

“More than 400 people have registered with us to take up the first block,” said Lau.

“The successful sale of the first block is due to the distinctive E&O brand and the Tamarind’s attractive pricing.

“Selling from RM600,000 per three-bedroom unit of 1,047 sq ft, the Tamarind is definitely a good entry price for young professionals or new homeowners to own an aspirational property by E&O.

“The Tamarind showcases unique facilities to cater to the lifestyle of its residents including a private one-acre waterscape of beach and free-form swimming and wading pools for the family to enjoy,” added Lau.

She said the Tamarind was one of the most sought after address in Penang as it had easy access in Seri Tanjung Pinang to the Straits Quay retail marina, Tesco hypermarket, Straits Quay Convention Centre, Straits Green Public Park, Penang Performing Arts Centre and the 1.6 km seafront promenade.

Located on 6.9 acres, the Tamarind features two blocks of 33 storeys, comprising 1,104 units with three-bedrooms and two bathrooms.

Lau said E&O had also partnered a renowned home furnishing specialist to collaborate on the interior design of its show unit.

“Ikea provides all the furnishings of the show unit. This is the first time a Malaysian developer has worked with IKEA to set up the show units for a project,” she said.

Source: TheStar.com.my

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  1. kiasi
    June 18th, 2015 at 12:21 | #1

    lai lai lai, sapu

  2. chai
    June 18th, 2015 at 15:12 | #2

    cheh… only 90% take up rate for block A… hardcore keep saying sold out.. really beh tahan..

  3. Triangle
    June 18th, 2015 at 15:45 | #3

    @chai
    Nowadays new condo projects hardly 100% sold out one, sure got leftover. This is because too many projects, some units not so good facing/ layout, people wont desperate until “GO GO GO, dont care” and go ahead to buy.

  4. Rw
    June 19th, 2015 at 03:18 | #4

    @chai

    @Triangle

    Don’t be hating, 90% is a great figure. Usually on average loan rejection is about 50-70%. There are plenty projects that launched 2 years ago still selling at 40%.

  5. Nominal
    June 22nd, 2015 at 17:18 | #5

    aiya….got money want but then buy la, mai tokok here & there la…

  6. jayden
    June 22nd, 2015 at 17:50 | #6

    tower A 552 units left 40+ units, mostly big size, and high price.

    The cheaper units already sapu finish a few months back. A lot people can’t get a units and they desperately look ahead for Tower B, and hoping E&O wont jack-up the price too much.

    Good project with decent price will sell fast, I mean really fast, way before they ‘officially’ launch it.

  7. lee ten liang
    July 15th, 2015 at 16:23 | #7

    I would like to register my name for tamarind block B executive apartment.Hope to hear your reply soon.
    Warmest regards:
    Lee Ten Liang
    0123449398

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