About Sunshine Residence
A 39-storey serviced residence by Suiwah Group at Bandar Baru Air Itam. It is part of the Sunshine Central mixed development on the old Sunshine Farlim site, next to Farlim Square shop offices. Featuring 9 levels of commercial floors with car parking podium, office, hotel and residential towers.
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The former residence of the first prime minister of Malaysia, the late Tunku Abdul Rahman Putra Al-Haj in Pulau Tikus, Penang is on the market for a whopping RM62 million, making it the most expensive listing today.
The six-bedroom double-storey detached residence with an annexed servants’ quarters has been listed for sale via several property portals, and there are international listings.
The property sits on 0.6 hectares of freehold land fronting Jalan Park and Jalan Tunku Abdul Rahman, a road named after the Tunku, who lived there until his demise in 1990.
The house with a built-up area of 9,867 sq ft and a land size of 64,472 sq ft, is a well-preserved heritage property, according to the listings.
It stated that the property had been refurbished and renovated but did not provide further details on when this might have taken place.
Real estate experts said if the deal goes through at RM62 million, it would be the most expensive landed residential property sold in the market today.
The current owner of this historical property is believed to be a private company (a non-developer) that bought it more than a decade ago.
“The property was transacted by the family of Tunku after his passing and the private company bought it over. There is no record of who lived there since Tunku’s passing. It has been empty for many years now,” said a senior real estate consultant who is familiar with the property.
According to the consultant, the current owner has been looking to sell the property for more than three years now.
The consultant said he was also shocked at the way the property is being presented for sale in the market.
“The sale of this property should be presented properly via a professional marketing firm. The current listings, they are not presenting the historical aspect of the property. This house has a lot of history…the country’s first prime minister lived there! The potential of the whole land is also not presented well,” he said.
When asked if RM62 million (around RM962 per sq ft) is too high to fetch for the property, he added that one should look at the development potential of the area.
“If a developer wants to take over, they will want to know what is the future potential, as well as the highest and best yield that can be expected from this property. All these should be stated rather than only mentioning the price tag and that the former prime minister used to stay there.
“We need to know what is permissible for the land, like whether the back portion of the property can be built upon. What is the planning permission for the available land at the site? Can we build a condominium, and if yes, how high? The house is surrounded by ample of land which can be redeveloped. The house, meanwhile, can be preserved and turned into something more meaningful like a museum, gallery, or restaurant,” he said.
The property is surrounded by a mature garden setting and located a stone’s throw away from the Royal Thai Consulate-General and St Christopher’s International School.
Pulau Tikus is one of the more popular districts among all the other townships on the island of Penang. It neighbours Georgetown to its southeast, Tanjong Tokong to the north, and south of Gurney Drive.
It was established as a Eurasian settlement in the early 19th century.
The Pulau Tikus area is said to be named after an actual Pulau Tikus isle – a small rocky island shaped like a mouse (tikus in Malay), located about 2km away from the north-eastern coast of Penang island.
Despite its name, Pulau Tikus is known as an “upper class” neighbourhood, featuring mansions, bungalows, and colonial buildings, including condominiums, many with sea views.
Location Map:
Source: NST Online
Garden Superlink II is the second phase of Garden Homes Collection in Jesselton Hills, Alma by Wing Tai Asia. Following the overwhelming response of Phase 1 sold out in less than 6 months, Phase 2 is now introduced earlier than schedule to assist home seekers who aspire capacious home, also to make it in time for buyers to enjoy Home Ownership Campaign benefits before 31/05/2021.
Garden Superlink II comprises 75 units of two-storey superlink homes with extended size up to 26ft wide, surrounded by lush greenery and wholesome recreational amenities. The residential enclave is strategically located close to comprehensive public amenities for commercial and leisure.
Each home comes with 4 bedrooms + 3 Bathrooms and 8’ – 10’ extra green spaces for gardening purposes or future extension. Type A and B come with extra yard and utility space whereas Type C and D feature additional study area plus working space with a leisure landscaped park fronting every houses.
Project Highlight
Project Name: Garden Superlink II (Taman Jasa Intan Phase 2)
Location : Alma, Bukit Mertajam
Property Type : Double-storey Superlink
Land Size : 22’/23’/25’/26’ x 79’ (1,733 – 2,045 sqft)
Built-up Size: 1,962 – 2,200 sqft
Total Units: 75 units
Developer : DNP Land Sdn Bhd
Contact No.: 04-5387788 / 012-4486599
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SITE PROGRESS
Strata property owners should know their rights involving any issues related to the joint management body (JMB) or management committee (MC) members who are in charge of the building management of strata residences.
Penang Island City Council (MBPP) mayor Datuk Yew Tung Seang said the problem nowadays is that many owners of strata properties are still not aware of what strata actually means and what rights the Strata Management Act (SMA) 2013 entitles them to.
“They should know that strata properties not only refer to high-rise units (vertical strata titles) but also to gated or guarded housings (horizontal strata titles).
“Strata owners also have the right to have an annual general meeting (AGM), which must be held within 14 months after the last AGM.
“They also have the right to elect their management committee members. And it is very crucial for them to elect a responsible and reliable strata management committee to ensure that the common property is well maintained and the house rules enforced.
“It is also a developer’s responsibility to form JMB or MC in stratified residential premises or else we will take stern action against them,” Yew said during his opening remarks of strata management webinar via Zoom today.
According to Yew, Penang has the third-highest number of stratified properties throughout the country.
“Meanwhile, MBPP is the local authority with the second-highest number of stratified buildings after Kuala Lumpur City Hall (DBKL) in Malaysia.
“There are 1,368 stratified schemes on the island comprising 229,485 units,” he said.
Yew also urged strata owners to pay their management bills regularly.
“This is important so that the management body can use the funds towards the betterment of the property, especially in terms of well-maintained facilities.
“At the same time, the management body also should play their part professionally in managing the money by keeping the strata owners updated on the flow of the money,” he added.
Source: Buletin Mutiara
Pearl Impiana @ Pearl City, yet another addition of a new residential component to the self-contained Pearl City township at Simpang Ampat. It is located along Jalan Tasek Mutiara 7, adjacent to Pearl Residence, Pearl Saujana and Raintree Park. With the proposed access roads connecting Pearl City to Jalan Valdor, driving to SMJK Jit Sin II will take less than 5 minutes.
This development comprises 102 and 46 units of 2-storey terrace and semi-detached houses respectively.
Project Name: Pearl Impiana
Location : Pearl City, Simpang Ampat, Penang
Property Type : 2-storey terrace & semi-detached
Total Units: 102 (terrace), 46 (semi-detached)
Land Area: (to be confirmed)
Built-up Area: (to be confirmed)
Tenure : Freehold
Developer : Tambun Indah
Indicative Price: (to be confirmed)
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Location Map:
