Introducing the exclusive landed stratified development – BM IDAMAN located in Bukit Minyak, Bukit Mertajam. It’s a place where you can come home and get away from it all. It consists of a total of 68 units limited edition of spacious 2 & 3 Storey Terrace and 2 Storey Semi-detached homes.
All set within a gated & guarded with features that will give you peace of mind 24/7, enclave creating an exclusive and privacy community. It fulfils the simple need of a home with architectural beauty whilst offering convenience within reach, stratified living fuses with the comfort of a landed lifestyle.
The launching of BM IDAMAN will be on 22 & 23 of April 2023 and there will be early bird promotions up to RM10,000 discounts* with free Legal Fees on SPA* and free Legal Fees, Disbursement & Stamp Duty on Loan*.
(*terms & conditions apply)
Project Name: BM Idaman @ Taman Bukit Minyak Idaman Location : Bukit Minyak, Bukit Mertajam Property Type : Residential (Gated & Guarded) Land Area: Freehold Total Unit: 38 (2-storey terrace), 28 (3-storey terrace), 2 (semi-detached) Built-up Size: 1,818 sq.ft. onwards Developer : Metro Jelata Sdn. Bhd. Website:https://www.metrogroups.com.my/bm-idaman Contact No.: +6011-2002 5588 / +6012-427 5677 / +604-3248052
Have you ever wondered how much those bungalows in Penang are worth? Or perhaps, where the most expensive houses are located on the island? Let’s delve into the details and take a closer look at the top 5 most expensive residential properties that were sold in Penang in 2022.
#5 – 363w, Jalan Sultan Azlan Shah (Gelugor) – RM11,000,000
This is a freehold property consisting of a 2-storey detached building, which was built in early 2016, and is situated along Jalan Sultan Azlan Shah in Gelugor. The property encompasses two parcels of land and spans a total area of 13,519 sq.ft. A quick glance at Google Maps suggests that the building has a built-up area of over 8,000 sq.ft. [Google map]
#4 – 3-storey bungalow at Denai Bayu 22 (Seri Tanjung Pinang) – RM11,000,000
This 3-storey modern bungalow was built around 2016, located along Denai Bayu 22 in the highly coveted Seri Tanjung Pinang area. The freehold property boasts a land size of approximately 7,319 sq.ft. and a built-up space that likely exceeds 10,000 sq.ft.
#3 – Lot 925, Jalan Logan (George Town) – RM18,000,000
Located on Jalan Logan in George Town, this is a freehold land that spans an impressive 41,000 sq.ft.. The land comes with a 2-storey heritage building situated diagonally opposite the Daily Fish Restaurant. The property was purchased by a developer in early 2022 and is currently being planned for the construction of a 36-storey serviced residence. The existing heritage building will be restored as part of the development. [Google map]
#2 – 3, Jalan Lim Mah Chye (George Town) – RM21,000,000
Ranked second, this 2-storey detached house, which was built several decades ago, sits on a vast 62,592 sq.ft. of freehold land along Jalan Lim Mah Chye, nestled within an affluent neighborhood near the Penang Turf Club. [Google map]
#1 – 15, Jalan Batu Ferringhi (Tanjung Bungah) – RM25,000,000
The most expensive residential property has been sold at a whopping price tag of RM25 million. It is a 2-storey bungalow that was built several decades ago, also known as Boon Siew Beach Villa, situated on a freehold cliff land along the coastal road of Jalan Batu Ferringhi. The property offers an unobstructed panoramic seaview and sprawls across a vast land area of approximately 48,373 sq.ft. [Google map]
*This article is based on research conducted using information obtained from NAPIC, and the accompanying photos have been sourced from Google Street View.
Eastern & Oriental Berhad (E&O), the premier lifestyle property developer, has released “Human Living”, a digital documentary series that offers valuable insights and perspectives from some of the country’s brilliant thinkers, entrepreneurs and artists in rethinking where and how we live.
The 3-episode series, which will be released monthly on YouTube starting 5 April 2023, imagines the future of our cities through veritable topics such as ‘Social & Cultural Capital’, ‘15-Minute City’, and ‘Secondary City Boom’. It will feature E&O’s diverse developments from Conlay and The Peak in Kuala Lumpur, to Avira in Medini Iskandar, Johor, and The Meg and Arica on the much-anticipated prime reclaimed island, Andaman in Penang.
“With over 20 years of experience in creating notable addresses in Penang, Kuala Lumpur and Johor, we are proud to see the evolution of our sophisticated clientele,” says Emily Teh, Director, Project and Property Investments, E&O Group. “Today’s homebuyer is urbane, they are thinking beyond themselves and their families, considering their role in a community–from cradle to care, to how their neighbourhood can enhance their quality of life from a safety, convenience, health and mental wellbeing standpoints. Most importantly, they are looking to navigate in and out of work and play seamlessly … to fully enjoy every second of life.”
Thomas Powell, George Town-based artist
In Episode 1, delve into what makes cities rich in culture, such as Penang, Kuala Lumpur, and Johor, desirable destinations for ‘Social & Cultural Capital’ and what draws the creative class to live in these cities. “When we think about the emergence of a dynamic, new art scene, we see that it often follows on from a period of great change,” says Zena Khan, curator of The AFK Collection. “In Malaysia today, we are undergoing a period of great growth and change. We’ve gone from being a newly post-colonial society, mainly agrarian and a little bit quiet, to being this really dynamic independent nation.” The episode also features George Town-based artist, Thomas Powell, and his wife, Pei Shern, founder of batik wearables brand, betterthanblouses, and Koh Chin Hong, chef and owner of Initial 初 in Johor Bahru.
The pandemic has also inevitably shifted our priorities. Episode 2 explores the innovative and sustainable urban model ‘15-Minute City’ that re-imagines the future of cities. This episode beckons us to rethink a world where we are able to avoid long commutes to make time to reconnect with one another and nature.
“Rewilding the city is a growing trend; it’s about biophilia … it’s about trying to get urban folks like us to live a bit more harmoniously with nature,” says Ng Seksan, the veritable landscape architect and head gardener at Kebun-Kebun Bangsar. “A slow city is what we are really aiming for in the future in a lot of progressive cities.” The episode also features Jenn Low, founder and managing director of Wanderlust+Co and GDP Architect’s Naqib Shariff.
Episode 3 on ‘Secondary City Boom’ explores how the shift to work-from-home modalities has opened up new possibilities for homebuyers looking to live outside of the big city and into properties that are larger and closer to nature, yet still affordable for a better quality of life.
“Penang is really conducive for art because there’s really a ‘Malaysia Boleh’ attitude here. Not to mention that Penang is a port city, you can get anything in Penang … it’s really within arm’s reach,” says George Town-based artist, Sheena Liam. “Cost of living also comes into play; I don’t think I’ll be able to maintain my studio practice at the level that I’m operating at, anywhere else in the world, except Penang.”
Episode 3 features Editor-in-chief, Tatler Homes Malaysia, Jennifer Choo, and her husband Marc Naidu, an entrepreneur–both based in Johor, as well as Loo Yi and Loo Ping, owner and operators of Fuku Eatery & Desserts in Penang.
Episode 1: E&O Presents ‘Human Living’ Series on Social & Cultural Capital is out now, click here to watch the full episode.
The government has agreed to review the strict terms and conditions for the Malaysia My Second Home (MM2H) programme which has led to many who opted to adopt this country as their second home to leave and the number of new applicants drop by up to 90 per cent.
The Tourism, Arts and Culture Ministry (Motac) said the decision to review the controversial conditions imposed since 2021 was reached following a meeting attended by its minister Datuk Seri Tiong King Sing and Home Ministry secretary-general Datuk Ruji Ubi.
Tiong said the application process for the programme will be made more flexible.
He added that both parties had agreed for Tourism Malaysia to promote and provide recommendations for applications via a filtering process through an MM2H one-stop centre.
The one-stop centre will assist interested individuals to process their applications and collate documents for submission to the Home Ministry or the Immigration Department for the issuance of the MM2H pass.
In a statement issued today, Tiong said his discussion with Ruji had also touched on the visa on arrival (VOA) facility for visitors from China and India to promote the growth of the tourism sector.
He said a proposal on the VOA for both nationalities will be submitted to the cabinet soon for further action.
It was previously reported that the MM2H programme has seen a 90 per cent drop in the number of applicants because of tougher conditions imposed.
Reports said those looking for adopted homes were opting for other neighbouring countries no thanks to the strict conditions imposed by the previous administration in 2021.
The new conditions imposed required applicants to have permanent savings of at least RM1 million and liquid assets of at least RM1.5 million.
Previously, they only needed savings of between RM300,000 and RM500,000.
They must now also show an offshore income of at least RM40,000 a month.
The Sultan of Johor Sultan Ibrahim Sultan Iskandar is among those who has expressed hope that the federal government would immediately review the strict conditions for the MM2H programme.
He had raised the issue during an audience with Prime Minister Datuk Seri Ismail Sabri Yaakob in 2021 itself.
Sultan Ibrahim had then said Johor was a key destination for foreign investors and the state was among the main contributors to Malaysia’s economic growth.
Panchor Indah Residency is a gated and guarded housing scheme by Active Commitment Sdn. Bhd. in Nibong Tebal. Located next to Taman Residensi Panchor, about 5 minutes drive from Jawi Toll Plaza.
The gated community offers two types of terrace house designs, measuring 20ft x 75ft and 22ft x 75ft respectively. Both are designed to provide a spacious and practical modern living. Residents of the community will have access to exclusive clubhouse facilities, including a swimming pool, children’s pool, gym, outdoor fitness equipment, and a large open field.
Project Name : Panchor Indah Residency
Location : Nibong Tebal Property Type : 2-storey terrace Built-up Size: 20ft x 75ft and 22ft x 75ft Total Units: 148 Land Tenure: Freehold Indicative Price: RM552,000 onwards Developer: Active Commitment Sdn. Bhd. (Paramount Garden)
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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.
