AFFORDABLE: Teluk Kumbar / Asta Gemilang Sdn. Bhd.

Teluk Kumbar/ 15 March 2022 Leave a comment


A newly proposed mixed development by Asta Gemilang Sdn. Bhd. at the southern part of Penang Island. Located on 24.8 acres of coastal land at Teluk Kumbar, about 4km away from Penang International Airport. It is adjacent to Teluk Bayu Beach – a beautiful beach popular to locals.

This development comprises a mix of affordable housings, condominiums and commercial properties, to be developed in multiple phases:

  • Phase 1B: 46-storey affordable housing with 8 levels of car parking podium. Featuring 1,050 residential units with facilities.
  • Phase 1C: 46-storey affordable housing with 8 levels of car parking podium. Featuring 1,050 residential units with facilities
  • Phase B: Future development (residential)
  • Phase C: Future development (commercial)

The project is still in the planning stage. More details to be available upon official launch.

Project Name : (to be confirmed)
Location : Teluk Kumbar
Property Type : Affordable housing and mixed development
Tenure: (to be confirmed)
Built-up Size: (to be confirmed)
Total Units : 2,100 (affordable housing)
Indicative Price : (to be confirmed)
Developer : Asta Gemilang Sdn. Bhd.

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DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider, or party in question.

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