Ferringhi Residence 2 is a freehold prestigious residential development by Mah Sing Group. Located just a few minutes away from the famous tourist belt of Batu Ferringhi beach, it comprises low-rise condo villas and high-end condos with built-up area ranging from 1,208 to 1,565 sq ft.

There are 3 choices of floor plan layout to choose from and each unit is designed to have good natural ventilation and lighting with most living spaces having 16ft wide opening towards outdoor. The living, dining and kitchen have an open-plan layout to enhance spaciousness with a resort feel. It also features the largest resort-style facilities deck in Penang, fostering a harmonious, communal and family spirit amongst closely-knit residents.

Ferringhi Residence 2 Tower B is now completed with VP and ready to move-in.  Register your interest now to find out how you can own the best resort home in the heart of Batu Ferringhi with up to 12 months of subsidy!

About Urban Suites

A commercial property development by Aspen Vintage Sdn. Bhd. (Cosmopolitan Homes) in the established township of Jelutong.  It is easily accessible via Tun Dr Lim Chong Eu Expressway and surrounded by abundance of amenities. Urban Suites comprises two 42- storey towers, featuring 596 units of commercial suites.

Find out more about Urban Suites

A newly proposed affordable housing development by Zantalite Enterprise (M) Sdn. Bhd. at Air Itam. Located off Jalan Khoo Hye Keat, less than 5 minutes drive from Penang Hill Lower Station. This is probably the first affordable housing project proposed for the established township of Air Itam.

The proposed development will see the demolition of the existing buildings, for the construction of a 34-storey condominium. It will feature 596 affordable residential units, with 6 levels of car parking podium. Facilities will be located at the 7th floor and top floor.

This project is in its planning stage. More details to be available upon official launch.

READ MORE ABOUT AFFORDABLE HOUSING:

• Eligibility and the requirement of buying affordable housing
• Full list of affordable housing in Penang

Property Project : (to be confirmed)
Location : Air Itam, Penang
Property Type : Affordable housing
Total Units: 596
Built-up Area: (to be confirmed)
Indicative Price: RM300,000 (affordable housing price)
Developer : Zantalite Enterprise (M) Sdn. Bhd. (OHM Group)
Last Updated: Oct 2021

Location Map:

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.

Following the successful sales of The Zen affordable housing scheme and Zen 6, Asia Green Group will be launching yet another mixed development within the same vicinity at Bayan Mutiara soon. It is strategically along Tun Dr. Lim Chong Eu Expressway, near the exit of Penang Bridge’s Bayan Lepas exit on the Island. It is known as Zen 9.

The proposed development comprises 38-storey skyscraper with two residential towers, featuring a total of 934 serviced residence units with 64 retail shop lots at level 1 and 2. There will be 7 levels of car parking podium.

The project is still pending approval. More details will be available upon official launch.

Property Name: Zen 9
Location : Bayan Mutiara, Penang
Property Type : Mixed development
Total Units : 934 (serviced residence), 64 (shop lot)
Land Tenure : (to be confirmed)
Indicative Price : (to be confirmed)
Developer : Asia Green Construction Sdn. Bhd. (Asia Green Group)

Location Map:

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.

Scientex Tasek Gelugor, the first landed 2-storey affordable home with freehold title in Penang by Scientex has officially opened its show unit today.

The opening of the show unit was officiated by the Chief Minister of Penang, Y.A.B. Tuan Chow Kon Yeow. Also present, Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo; The Mayor of Seberang Perai City Council (MBSP), Dato ’Sr. Rozali Mohamud; Scientex’s Chief Executive Officer Lim Peng Jin and Scientex’s Chief Operating Officer Datuk Alex Khaw Giet Thye.

Y.A.B. Tuan Chow Kon Yeow said the State Government is proud to state that Scientex Tasek Gelugor is the first affordable housing project in the state to feature 2-storey landed houses with individual ownership status.

“So far, we have only imagined that the RMM is not more than 850 square feet, but this proves that if there are suitable elements, housing projects like this can also be successful by experienced developers.

“In this case, I believe Scientex, which has been involved in the real estate sector since 1995, has enough experience to design houses suitable for buyers to live in,” he said when officiating the Scientex Tasek Gelugor Show Units Opening Ceremony near here just now.

At the event, Kon Yeow also presented offer letters to eligible buyers.

He added that the construction of related projects is also in line with the Penang State Government’s vision to improve the quality of life, providing comfortable and adequate housing to the people in the state.

Meanwhile, Alex Khaw informed that the Scientex Tasek Gelugor project was built using Industrial Building System (IBS) technology which has further accelerated the construction period.

“We promise that within five years, a total of 2,332 affordable 2-storey terrace units in Penang will be completed in Tasek Gelugor,” he said.

He said Scientex’s current vision was to build and complete about 50,000 affordable units by 2028.

“Until now, Scientex has managed to build more than 22,000 affordable units priced below RM500,000 of which 70 percent are priced below RM300,000,” he explained.

It is understood that the Scientex Tasek Gelugor housing project is built on 179.69 acres of land with an estimated cost of RM500 million.

Construction of the project began on 1 October 2020 with the first phase involving 382 units of terrace houses and is expected to be completed in July 2022 while the entire project is expected to be fully completed by 2025.