The masterplan developer in Batu Kawan, Aspen Group, will be unveiling an upcoming project named Versa in Aspen Vision City.

With a price range starting from RM350,000 for its residential units, Versa offers comfort living at an affordable price tag and gives everyone the opportunity to own their first home. The residential units in the development come in two sizes, one is 703 sq. ft. (with or without a balcony) which features two bedrooms, and the other is 868 sq. ft. which features two bedrooms and a private terrace.

The President and Group Chief Executive Officer of Aspen Group, Dato’ M. Murly, is confident that this development will benefit homeowners massively due to its affordability.

The development will consist of two blocks of residential units with nine commercial units and various facilities including a leisure pool, a games court, a gym, a skating rink, a BBQ garden, a reflexology garden, and a multipurpose hall, among others.

“We aim to satisfy the lifestyle needs of residents by including a wide array of facilities in Versa,” Dato’ M. Murly explained.

Strategically located in the bustling metropolis of Aspen Vision City, Versa owners will be within walking distance to IKEA Batu Kawan and Klippa Shopping Centre. Also within its immediate radius are Columbia Asia Hospital – Batu Kawan, Penang Design Village, Peninsula College, UOW Malaysia Penang University College as well as Batu Kawan Industrial Park. Versa is a mere 1km drive away from Klippa Drive-Thru, which offers various F&B drive-thru options such as McDonald’s, KFC, Tealive, A&W, Coffee Bean & Tea Leaf, Kenny Rogers Roasters and Starbucks.

Versa is therefore, a good investment that promises viable returns and is a smart first step for aspiring real estate owners.

Touted as the best address in the North, Aspen Vision City boasts as a prominent township in Batu Kawan and strives to meet the state’s vision to develop Northern Region’s first smart eco-city. Aspen Vision City is filled with vibrant opportunities and lifestyle developments that befits its GBI-certified status as the region’s eco-metropolis. Jointly planned and developed by Aspen Group and IKANO Retail, the Aspen Vision City master plan is part of an exciting new ecosystem that will link more than six million people within its immediate catchment area. There are already many Fortune 500 companies located here that are attracting a large number of professionals to its research and development hub. Aspen Vision City brings together all the comforts of modern living in a place where business is thriving.

You can contact Aspen Group to find out more information at the website www.aspen.com.my.

Versa, a condominium development by Aspen Group at Batu Kawan. Located adjacent to Vivo Executive Apartment, this development will enjoy the benefit of being near to the upcoming Klippa Shopping Centre and Central Island Park.

The development will consist of two blocks of skyscrapers with nine commercial units. It offers various facilities including a leisure pool, a games court, a gym, a skating rink, a BBQ garden, a reflexology garden, and a multipurpose hall, among others. 

The residential units in the development come in two sizes, one is 703 sq. ft. (with or without a balcony) which features two bedrooms, and the other is 868 sq. ft. which features two bedrooms and a private terrace. Indicative price starts from RM350,000 onwards.

Project Name: Versa
Location: Aspen Vision City, Batu Kawan, Penang
Property Type: Condominium
Built-up Size: 703 sq.ft and 868 sq.ft.
Land Tenure: Freehold
Indicative Price: RM350,000 onwards
Developer: Aspen Vision City Sdn. Bhd. (Aspen Group)

Location Map:

SITE PROGRESS

SITE PROGRESS: Versa (Jan 2025)

Crimson Omega Sdn Bhd and Ascott International Management (Malaysia) Sdn Bhd joined forces to develop the Harris Sunshine Penang hotel at Sunshine Central in Ayer Itam.

Crimson Omega chief executive officer Cynthia Hwang said Sunshine Central is a mega project which consists of a retail mall, office tower, hotel, service apartment and wellness centre.

Hwang said the three-star hotel is part of the mega project which will have at least 289 rooms and it is expected to be completed by the end of 2023.

“The construction is almost 86 per cent complete and we are looking to open it very soon. Ayer Itam residents can look forward to better employment, less work travels and more business opportunities,” she told the reporters during the management agreement signing ceremony between Crimson Omega and Ascott International Management (Malaysia) here on Friday.

Hwang said the community stands to benefit from this development as this mega project will offer over 3,000 job opportunities.

The Ascott Ltd managing director and head of business development Mak Hoe Kit said the hotel is built at a strategic location as it is only a few minutes away from tourist landmarks such as the Kek Lok Si Temple and Penang Hill rail station.

“Harris’ concept is to provide a fresh, vibrant and fun environment, with an emphasis on well-being and keeping fit for on-the-go travellers,” he said.

Mak said that with over 33,000 square feet of ballroom space, Harris Sunshine Penang is set to be one of the largest Meetings, Incentives, Conferences and Exhibitions (MICE) hotels in Penang to target the anticipated influx in demand from corporates, weddings and events.

Source: Bernama

About Sinaran Residences @ Utropolis

The residential component in the third phase of Utropolis development by Paramount Property at Batu Kawan, Penang. It is strategically located along Bandar Cassia Expressway, with walking access to Design Village outlet mall and UOW MALAYSIA KDU Penang University College. Driving to Penang International Airport will only take approximately 30 minutes via Second Penang Bridge.

This development featuring two blocks of 35 & 36-storey serviced apartments, offering a total of 964 residential units with unit size ranging between 667 sq.ft. – 1,044 sq.ft.

Find out more about Utropolis @ Batu Kawan:

• Phase 1 – Sensasi Commercial & Residential Suites (Completed)
• Phase 2 – Suasana Residential Suites (Completed)
• Phase 3 – Sinaran Avenue & Sinaran Residences (On-going)

(Photo taken Aug 2022)

Source: Google Street View

A Hong Kong businessman, who is among many on the lookout for prime land and buildings in the state, has snapped up the long-neglected Island Plaza in the area and promises to make it a big draw again.

The buyer, known only as Law, said he would bring Hong Kong’s creative economy – musical and performing arts, film and television production – to the mall.

As an added attraction, there will be the former British colony’s iteration of the coffeeshop, called cha chan teng in Cantonese, which literally means “tea and dishes hall”.

Cha chan teng is characterised by a casual dining atmosphere, with a menu of fine-dining delicacies on top of Hong Kong’s street food.

Island Plaza has been sold for an undisclosed sum to the real estate tycoon who said he would bring all the successful retailing strategies of Hong Kong to the state.

“What we learned from turning Hong Kong into an international destination for culinary arts and fashion, we will bring to Penang,” he said.

He said had fallen in love with the peace and prosperity in the state.

“You can have a plate of noodles for a few ringgit or a hundred ringgit, and they will all be delicious.

“In terms of living cost, Penang is 1/15 (0.06%) of the cost in Hong Kong (for an upscale lifestyle). Yet, whatever Hong Kong has, you have,” Law said.

For more than a decade, Hong Kong folk, including its celebrities, have been settling down in Penang.

Many came here to retire, but in recent years, Hong Kongers began buying properties for investment.

The Star reported recently that Hong Kong investors had bought the last few old bungalows along the popular Gurney Drive promenade.

Law himself came to Penang six years ago.

“I have an insurance agent of more than 20 years who is Penang-born. He kept urging me to come to Penang for a holiday,” he said.

On his first holiday here, Law kept extending his stay.

“I chose Eastern and Oriental Hotel. It was more beautiful than the best traditional hotel in Hong Kong.

“It was then RM600 to RM700 a night here. In Hong Kong, it would have been RM2,000 a night,” he said.

The real estate mogul began shopping for Penang properties on his first trip and bought his first home here – an almost 11,000sq ft super condo in Gurney Drive.

Each time he returned, he bought at least one more property.

“I own more than 10 properties in Penang now, including a private museum and a boutique hotel in the heritage enclave,” said Law, who is his 70s.

On his first Penang holiday, Law said he was sad to see many beggars and drunkards outside his hotel.

“After a few years, I no longer see them. Penang is getting better and this kind of socio-economic progress is really rare,” he said.

Mega Realty Sdn Bhd principal Jenny Yeap, who is running Island Plaza’s leasing office now, confirmed that plans for the redevelopment and re-design, including a hi-tech facade of the mall, were submitted to the city council.

“We are negotiating with many large anchor tenants to set up shop in Island Plaza now,” she added.

Yeap said Island Plaza was sold to Law just before the movement control order was imposed on March 18, 2020.

Source: TheStar.com.my