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UPCOMING: Sungai Ara / Palmex Industries Sdn. Bhd.

Sungai Ara/ 2 October 2015 Leave a comment

upcoming-palmex

A proposed mixed residential development by Palmex Industries Sdn. Bhd. (a subsidiary of IOI Properties) in Sungai Ara, Penang. Located along Changkat Sungai Ara 2/A (map shows approximate location), just a stone’s throw away from Setia Pinnacle by SP Setia. This development comprises the following components:

  • 3-storey bungalow (1 unit)
  • 3-storey semi-detached (6 units)
  • 32-storey luxury condominium (198 units)

The condominium will consists of a 5-level multi-story car park with recreational area and facilities located at level 1, 6 & 32.

This project is still pending for approval. Details to be available upon project launch.

Property Project : (to be confirmed)
Location : Sungai Ara, Penang
Property Type : Landed and condominium
Tenure : Freehold
Indicative Price: (to be confirmed)
Total Units : 1 (bungalow), 6 (semi-detached), 198 (condo)
Developer : Palmex Industries Sdn. Bhd.

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  1. Go Penang. Go Go Go
    October 2nd, 2015 at 16:53 | #1
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    Nice view. Sit hills look sea

  2. CommonSense
    October 3rd, 2015 at 00:37 | #2
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    this may be refer to REGENCY height 2?

    But i guessed view at very high level is ok. but the rest should be partly blok by condos (depending on angle)?

  3. Daniel
    October 7th, 2015 at 01:22 | #3
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    I recommend they build a direct access roads/highways from Sungai Ara/Relau to Teluk Kumbar/Balik Pulau via the hills instead since most the future developments/trends will be at Teluk Kumbar and Balik Pulau. It’s very feasible after reviewing the hills gradient and grid from this map (or via google map).

  4. eddie
    October 8th, 2015 at 13:06 | #4
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    pm please

  5. anna
    July 17th, 2016 at 01:38 | #5
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    i want to ask for palmax industries sdn.bhd. for the landed and condominium property out there. there are the sale and leaseback transaction by the developer?

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