FUTURE residents of the Pearl Regency Condominium can look forward to a luxurious and cosmopolitan sky-high lifestyle when IJM Land Bhd’s iconic development at the MetroEast Udini is completed at the end of 2013.

Located on a 2.78-acre parcel of land and a stone’s throw away from Tesco and e-Gate along the coastal highway, the 35-storey freehold mixed-development project comprises residential and commercial components with a gross sales value of RM244mil.

Its residential units, in 10 different layouts ranging in size from 1,313sq ft to 2,131sq ft and priced between RM734,000 and RM1.4mil, have been well received thus far. Currently, only limited units are still available.

According to IJM Land northern region general manager Toh Chin Leong, 15% of those already taken up are from foreign buyers, testament to the project?s centralised location, innovative design and luxurious finishing.

For today’s lifestyle, people also like to live close to amenities such as supermarkets, F&B and retail outlets, and our location makes it very convenient for them.

“Most places on Penang island are also within easy reach, while the Penang Bridge and the mainland is also nearby,” he said.

All units come semi-furnished with quality fittings – from air- conditioners to kitchen cabinets, ovens, refrigerators, gas hob and hoods, water heaters and wardrobes – that saves residents the headache of hunting for furniture later on.

A comprehensive set of facilities ensures that residents will always have a haven where they can return to. These include a swimming pool, Jacuzzi and pool bar, children’s playground, barbeque pit, gymnasium, reflexology path, putting greens, games room, reading room and community hall.

One is also in touch with nature, with a maze and sky gardens adding a touch of lush greenery. Otherwise, one can simply admire gorgeous panoramas of the channel from the viewing deck.

“On top of that, units have unobstructed views of the sea,” Toh added.

Toh believes that with their nearby The Light waterfront development poised to be a small city in itself and change the entire skyline, it will have positive knock-on effects for the entire area, especially in terms of value appreciation.

“For most of our projects, from the day they’re launched till the day we hand over the keys, we’ve seen appreciation of easily between 30% and 50%.”

“Together with our excellent after sales service, buyers have great confidence in our projects,” he said.

As land on the island is scarce and prices of materials on an upwardly trend, in addition to Penang become more well-known internationally, he is optimistic about market prospects and advises prospective home owners to take the plunge once they’ve found something that fits their budget and location needs.

Patsy Lee, the senior manager of sales and marketing, added that specially for the four-day Star Property Fair, the company is offering zero-interest during construction, and free legal fees on sales and purchase agreement and loan. Buyers also get a free utility room averaging 40sq ft, located at the basement, for convenient storage purposes.

Also, the commercial component of Pearl Regency is set to be launched in the fourth quarter of the year, with a GSV of RM80mil. It comprises 76 lots ranging in size from 377sq ft to 2,852sq ft and priced from RM310,000 to RM2.2mil.

Upcoming projects targeted to launch by year-end are The Address at Bukit Jambul comprising low density Boutique Condos and four-storey Duplex Loft, and Permatang Sanctuary at Bukit Mertajam, a 131-acre township, with seven phases and four themed parks.

IJM Land is also sponsoring RM30,000 worth of prizes for the “Surf, Click & Win” contest at the Star Property Fair.

Touted as Penang’s premier property expo, the fair?s ninth edition will be held at Gurney Plaza and the adjoining G Hotel from July 21 to 24.

To date, 28 major developers – representing almost all the big boys in the industry – along with several financial institutions, have taken up booths in the fair.

The fair, to be open to the public from 10am to 10pm daily, is organised by The Star in collaboration with Henry Butcher Malaysia (Penang) Sdn Bhd. Admission is free.

SOURCE: The Star

Perched on the highest plateau along the world-renowned Ferringhi resort cove – the gateway to tourism, culinary adventures and international beach resorts – living here is a statement of prestige and ultimate joy.

Blessed by its surroundings of lush forest of the hill and the majestic ocean nearby, Mah Sing brings you the premier lifestyle experience to  Ferringhi Residence, marking the first sustainable development in the area, incorporating a gated and guarded community, resort clubhouse and green features.

Ferringhi Residence comprises of  Semi-Ds, Condo Villas and Resort Condominiums. Built on higher elevation from the beachfront, its Condominiums will command breathtaking ocean vistas. Along the serene clutches of the forest hillside, Condo Villas are blessed with the charms of Penang’s best natural setting.

Phase 2: Ferringhi Residence 2

Property Project : Ferringhi Residence
Location : Batu Ferringhi, Penang
Property Type : Semi-Detached, Condo Villas and Condominiums
Tenure: Freehold
Developer: Mah Sing Group

Contributed by reader (04/09/2015)

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Sunrise Gurney is a commercial building strategically located along Persiaran Gurney, Penang prominent waterfront. The first 24-storey commercial suites in city center which comprises 4 storeys of commercial complex and SOHO offices.

Facilities:

• Open air infinity pool overlooking Gurney Drive
• Skycourt – Lounge and activities in open area 220 feet in the sky
• Gym facilities (membership)
• Meeting / conference rooms

Property Project : Sunrise Gurney
Location : Persiaran Gurney, Gurney Drive, Penang
Property Type : Retails & SOHO Offices
Tenure: Freehold
No. of Blocks : 1
No. of Storey : 24
Built-up Area: 794 sq.ft onwards
Indicative Price: RM850/sq.ft
Developer : Primo Corporation Sdn. Bhd.

KUALA LUMPUR: The G Hotel Penang was awarded the “Best Hotel Construction and Design in Malaysia” award at the Asia Pacific Property Awards 2011, it said in a release dated Friday, July 15.

This hotel, which opened in January 2007, is a contemporary design hotel located next to the landmark Gurney Plaza Shopping Mall at Gurney Drive, Penang.

“We are indeed proud of the excellence in the award region thus representing the hotel for Malaysia and we look forward to participate again next year and the consecutive years to come,” said general manager Peter Nast.

Hotel public relations manager Christina Tan says that the hotel “aims to deliver a refreshing guest experience through its facilities and impeccable service standards”.

The Asia Pacific Property Awards, held in association with Bloomberg Television, aims to recognise the best real estate professionals across the globe. The final results will be unveiled at London’s Savoy Hotel on Dec 12.

SOURCE: The Edge Property

ALLOWING an architect?s creativity the upper hand can lead to wonderful results, as illustrated in the aesthetically sublime Moonlight Bay, one of Ivory Properties Group Bhd?s signature projects.

The Mediterranean feel of the resort-style garden development, with its large swathes of lush greenery and panoramic views of the Batu Ferringhi beachfront, is a great option for the discerning few seeking a refined lifestyle.

Ivory Properties Group deputy chairman and executive director Datuk Seri Nazir Ariff said the project was cited as a shining example of safe hillside development at the International Conference on Slope 2010 held in Chiang Mai, Thailand.

It also gained a Highly Commended citation for Best Leisure Development at the Asia Pacific Property Awards 2011.

?The system of reinforced soil segmented retaining walls used in its construction is gaining popularity in luxury end property development, as opposed to the conventional, rigid retaining wall system,? he explained.

Only limited units of the low density, gated and guarded 15-acre project are still available. These comprise freehold resort-style villas, priced from RM2.7mil with built-up areas ranging from 3,800sq ft to 5,700sq ft, and condo villas priced from RM1.29mil with built-ups of 1,950sq ft to 2,200sq ft.

On Penang Times Square, Nazir said the number of food lovers flocking to the mall was increasing daily, due largely to the popularity of the Food Gallery and Soju Club.

Penang Times Square will be further boosted by the opening of Phase 2 at the end of the year, bringing total retail space to around 400,000sq ft.

The group?s deputy chief operating officer Goh Chin Heng said their Aston Villa project in the heart of Bukit Mertajam was also set to receive its OC later this year.

It comprises terrace units with built-up areas of 2,850sq ft and semi-detached units with a built-up of 3,750sq ft. They are priced from RM473,000 to RM913,000.

Nazir said sales for their rescued project in Mount Erskine, The Peak Residences, had been overwhelming, while 80% of the recently unveiled The Latitude had been snapped up, with the second block now open for registration.

The group is set to showcase units from its projects with a total GDV of around RM200mil at the Star Property Fair 2011. There will be special discounts for those who sign up, while the S&P and legal fees will be waived.

Touted as Penang?s premier property expo, the fair?s ninth edition will be held at Gurney Plaza and the adjoining G Hotel from Thursday to Sunday.

To date, 28 major developers ? representing almost all the big boys in the industry ? along with several financial institutions, have taken up booths. The RM30,000 worth of prizes for the ?Surf, Click & Win? contest are sponsored by IJM Land. Open to the public from 10am to 10pm daily, it is organised by The Star in collaboration with Henry Butcher Malaysia (Penang) Sdn Bhd. Admission is free.

SOURCE: The Star