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Eco Bloom is set for launch soon

July 20th, 2016 Leave a comment
eco-bloom-pic

The ‘Bloom Gardens’ in front of the development is great for leisurely strolls and also makes Eco Bloom’s commercial lots ideal for alfresco dining outlets.

Eco World Development Group Bhd’s exciting Eco Bloom is set for launch soon, and the StarProperty.my Fair 2016 in Penang is the best time to register your interest.

Those who sign up during the event from Thursday to Sunday will get priority privileges likefirst choice of units in the mixed residential-commercial project along Jalan Paboi in Simpang Ampat.

There will be 490 condominium units in a 33-storey tower block. Priced from RM388,000 onwards, they represent affordable luxury and are great for first-time homebuyers.

The RM283mil development is located on a 4.86-acre plot within the well-received, 59-acre Eco Meadows project which has been mostly sold out.

Eco Bloom will have similarlyelegant English neo-royalty architecture, and is touted as the first high-rise on mainland Penang to feature such charming aesthetics.

Construction is expected tocommence by next month, and unit choices start with the 802sq ft, Type A with two bedrooms which young families and individuals should find ideal for their needs.

Those seeking bigger living spaces are catered to with the 901sq ft Type B and 1,101sq ft Type C, both with three bedrooms and also have balconies.

All are well-designed with modern and practical layouts that suit lifestyles today. The vast expanses of windows enable the units to look brighter and more airy.

Future inhabitants here will be pampered by the comprehensive array of facilities that include a swimming pool, gymnasium, jogging track, barbecue area, multi-purpose court, function hall, children’s playground and others.

Beneath the residential units, which are split across two wings, is the podium block with 23 units of double-storey shoplots, sized at 22ft x 60ft for the lower ones and 22ft x 68ft for those on the upper level.

The developer will carefully select potential buyers and tenants to create an optimum mix of retail offerings and services so residents would have convenience at their doorstep.

Facing these commercial lots will be the 24,000sq ft Bloom Gardens that is perfect for alfresco dining or leisurely strolls with loved ones.

The development is expected to be completed within three years. Its show units were recently launched and can be viewed at the EcoWorld Gallery @ Eco Meadows.

Alternatively, one can find out more about the project by visiting the company’s booth at M1 and M2 in Gurney Plaza during the four-day fair which is open from 10am to 10pm daily. Admission is free.

Star Property Fair offer early bird discount 9% for Eco Bloom residential and 8% discount for commercial shop lot.

Source: TheStar.com.my

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  1. bryan
    July 21st, 2016 at 12:43 | #1

    在那里!

  2. kek po
    July 21st, 2016 at 17:10 | #2

    Eco Bloom is located at mainland near tambun area. once u exist tambun toll, just go straight. you will see it on your right.

  3. cheah
    July 21st, 2016 at 17:19 | #3

    Just visited The Star property expo at gurney plaza. saw the Eco Bloom scale model. quite nice. they said only need to pay 1% downpayment, free legal fee and stamp duty for SPA and loan agreement. The package pretty attractive! calling experts!!! please help to advise whether this is a good product to go?

  4. honghong
    July 22nd, 2016 at 07:35 | #4

    don’t get attracted by low downpayment, it’s a trap.

  5. water fish
    July 22nd, 2016 at 09:45 | #5

    yes is trap, low downpayment then gt 99% loan, loan 400k for 30 years, pay 2k installment 30 years = 720k, so if want buy must pay downpayment 100% not 1% haha

  6. Dan
    July 22nd, 2016 at 09:54 | #6

    @water fish
    the problem is do you have 100% money cash in hand??? hahahaha

  7. Sam
    July 22nd, 2016 at 10:26 | #7

    It translates to almost rm 500 per sf. Almost on par with island pricing.
    But for mainland pricing, is it worth it? This is the question you all have to ask yourselves.
    Even landed property price is lower than this, why want to stay in a pigeon hole when you can have a much bigger place.

  8. sylvia
    July 22nd, 2016 at 11:00 | #8

    @honghong

    Agree with you. By law, 10% downpayment is required. But because this developer know that experience buyers and those buyers who can afford the 10% down payment won’t buy, so they do undertable 9% rebate (hence 1% downpayment) to attract those inexperience and speculators.

  9. Penang lang
    July 22nd, 2016 at 14:26 | #9

    What is the size, How much they are selling?

  10. Penang lang
    July 22nd, 2016 at 22:02 | #10

    I visit their sales gallery last week, quick impress with their concept. Price starting from 388k

  11. Kent
    July 24th, 2016 at 22:06 | #11

    So, is it really only pay 1% to own a property? or after that we still need to pay 10% for the discount price?

  12. seng
    July 31st, 2016 at 17:21 | #12

    RM388,000 for 901sq ft in mainland at batu kawan is really stupid

  13. edisongan
    July 31st, 2016 at 22:19 | #13

    @seng
    Aiyo,Eco is branded so they always sell future price and thanks to them, BM & BW condos prices will increase again..I notice now most newly intro condo projects are starting from RM380/sqf in BM

  14. edisongan
    July 31st, 2016 at 22:22 | #14

    @Sam
    You sure on par with island? If you are comparing Apple to Apple, Eco project on island surely much more expensive just like Sunway,Setia, E&O & IJM those famous developers

  15. sam
    August 1st, 2016 at 01:41 | #15

    seng :
    RM388,000 for 901sq ft in mainland at batu kawan is really stupid

    It’s not 901 sq ft but 802 sq ft.

    edisongan :
    @Sam
    You sure on par with island? If you are comparing Apple to Apple, Eco project on island surely much more expensive just like Sunway,Setia, E&O & IJM those famous developers

    Many projects in southern Penang like relau, sg ara are within this range.
    Almost on par not exactly yet but getting very close at rm 500 per sq ft.
    RM 388,000 is for the cheapest unit only.

  16. sam
    August 1st, 2016 at 01:47 | #16

    seng :
    RM388,000 for 901sq ft in mainland at batu kawan is really stupid

    It’s for only 802 sq ft not even 901 sq ft.

  17. sam
    August 1st, 2016 at 01:50 | #17

    @seng

    The pricing is for only 802 sq ft , not for 901 sq ft units.

  18. sam
    August 1st, 2016 at 01:55 | #18

    @edisongan

    Getting very close as it’s almost rm483 per sq ft. RM 388,000 is for the cheapest unit only.
    Many projects in southern Penang like relau, sg ara,bayan lepas areas are within the range of rm500 per sq ft.

    What I mean is almost on par with island, within very close range now. Have not overtaken yet.

  19. edisongan
    August 1st, 2016 at 13:30 | #19

    @sam
    Dude, I know what you mean but you didn’t get mine…if comparing to Eco projects,IJM,Setia,Sunway,E&O projects on island, I am afraid you hardly can find below RM650/sqf…so they are all branded developers…for own stay , not necessary goes for branded one but for investment wise,it is part of consideration…

  20. water fish
    August 1st, 2016 at 15:20 | #20

    last time ppl always said mainland properties no value cant invest, now gt value also make noise, wat u want? want buy 200k then sell 400k later? yes few years ago like that, now u also can try, buy 400k then sell 600k later, see gt water fish bo haha

  21. Sam
    August 1st, 2016 at 16:14 | #21

    Property values appreciate gradually over a period of time, however if it appreciates too fast & unrealistically then it will only be very good for investment purposes.
    However the downfall will be it will take a severe toll on our future generations esp the young & upcoming family ones as they will find it practically unaffordable to own a home if the prices spiral too fast.
    Now with the current economic situation befalling our country the young find it very hard just to make ends meet & housing is an important criteria in life that needs to be well taken care of.
    Rich investors will be very happy but what about the poorer ones who want to buy for their own stay will find it very difficult or sometimes impossible too.
    This is happening on the island whereby there is a glut of too many unoccupied units due to overinvestment. Is this a really good sign?

  22. SP
    September 23rd, 2016 at 21:48 | #22

    Good news to potential Eco Bloom buyer….pls email me to know more detail. Thank you.
    ecoshare88@gmail.com

  23. Bear
    September 26th, 2016 at 08:22 | #23

    Is there any whatsapp group or facebook group for the EcoBloom buyers?

  24. bubu
    September 28th, 2016 at 14:33 | #24

    located at traffic jam area . unless they build their own road to connect 2nd bridge.

  25. Hazel
    October 2nd, 2016 at 14:28 | #25

    @bubu
    Only small stretch of road. The developer enlarged the roads to 3 lanes. If developer to build own road to 2nd link, I dont think I can afford to buy their Bloom

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