Penang International Exchange (PIX)
Penang International Exchange, a proposed commercial development by Ideal Property Group in Bayan Baru. Strategically located next to the intersection of Jalan Tengah and Jalan Mayang Pasir, near Pantai Hospital. This master planned development sits on a 16 acres land, comprises the land currently occupied by Giant Hypermarket and the adjacent vacant land. It is within walking distance to Sunshine Square and Bayan Baru wet market.
This development will see the demolition of the existing 2-storey building, for the construction of several high-rise towers and shop offices in multiple phases:
Parcel 1
- Tower A1: 39-storey serviced residence (589 units)
- Tower A2: 39-storey serviced residence (589 units)
- Tower B: 39-storey serviced residence (820 units)
- 3-storey shop offices (55 units)
Parcel 2
- Tower C: 27-storey office suites
- 3-storey shop offices (30 units)
Parcel 3
- 23-storey office suites (Tower B)
- 2-storey commercial lot at ground and first level
Parcel 4
- 43-storey serviced residence (Tower A1 – 1,088 units)
- 50-storey serviced residence (Tower A2 – 280 units)
- 3-storey commercial lot (22 units)
Project Name: Penang International Exchange (formerly known as Bayan Baru City Centre)
Location : Bayan Baru / Bayan Lepas
Property Type : Mixed development
Built-up Size: (to be confirmed)
Total Units: (refer to above)
Indicative Price: (to be confirmed)
Developer : Ideal Property Group
Register your interest here
Location Map:
Gosh, traffic at that area will be getting worst. High density project. Got people will buy meh?
So high dense. Should be < RM400/sft.
Stay away from that jammed area….
This project will further boost development in Bayan Baru. Keep it up. Penang needs high end projects like this one.
The market now is practically dead !
再不把市场开放就是死路一条，拥在一起死啦 ！
Love it…bring it on,cant wait for it. Hopefully will be connected with monorail/lrt as well later
If you have seen Elite, Arena, Ideal world, D’Piazza, Crystal point, IAvenue, many empty lots and even the shop lots around Sunway Tunas are still empty !!!
Isn’t this a sign of no business investment is coming into Bayan Baru ? Not to forget there’s PICC and now THIS Jungle of High rises ?? Serviced Residence some more.