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UPCOMING: Seberang Jaya / Zubicon Development Sdn. Bhd.

Seberang Jaya/ 13 March 2020 3 comments

proposed-by-zubicon-seberang-jaya

A newly proposed mixed development by Zubicon Development Sdn. Bhd. in the heart of Seberang Jaya. Strategically located along Jalan Todah, diagonally opposite Penang Bird Park. It is about 10 minutes drive to Penang Bridge, surrounding amenities include Safira Country Club, Sunway Hotel, The Light Hotel, health clinics and banks.

This development will see the construction of a 26-storey building, featuring a mix of residential and commercial components:

  • Serviced suites (145 units)
  • Medium cost apartments (600 units)
  • Shop offices (73 units)

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

Property Name: (to be confirmed)
Location : Seberang Jaya, Penang
Property Type : Mixed development
Total Units : 145 (suites), 600 (condo), 73 (shop office)
Land Tenure : (to be confirmed)
Indicative Price : (to be confirmed)
Developer : Zubicon Development Sdn. Bhd.

Register your interest here

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.

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OCR Group terminates joint venture with D’nonce on affordable housing project

Property News/ 11 March 2020 1 comment

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OCR Group Bhd has terminated its joint venture (JV) agreement with D’nonce Technology Bhd to develop affordable apartments in Seberang Perai Tengah, Penang.

OCR did not mention the reason for the cancellation of the agreement in its filing with Bursa Malaysia yesterday.

The JV between OCR’s wholly-owned subsidiary Fajar Simfoni Sdn Bhd and D’nonce’s unit D’nonce Properties Sdn Bhd was signed in May last year.

The two parties agreed to develop a 19-storey block housing 281 units of flats and a seven-storey car park podium on 6,774 sq m of land belonging to Tan Than Kau and Tan Tiang Yang.

The project was worth RM85 million in gross development value.

In its filing, OCR said the group reserves the rights to claim against D’nonce Properties under the agreement and the law.

“The termination will not have any material effect on the earnings or net assets of OCR for the financial year ending Dec 31, 2020,” the group added.

Source: EdgeProp.my

 

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Residency Permai

residency-permai-guardhouse

Residency Permai, yet another gated & guarded residential development by Tambun Indah Group at Bukit Merajam. Strategically located within the established township of Kota Permai, just a stone’s throw away from the ever bustling Jalan Song Ban Kheng. Beng Teik primary school is only a mere minutes drive away.

This development will offer a total of 92 units of 2-storey terrace houses within community hall and swimming pool:

Project Name: Residency Permai
Location : Kota Permai, Bukit Mertajam
Property Type : Gated and guarded
Tenure: Freehold
Land Area: 20′ X 64′, 20′ X 66′, 20′ X 72′
Built-up Size: 20′ X 42′, 20′ X 44′, 20′ X 46′
Total Units : 92
Indicative Price : (to be confirmed)
Developer : Jasnia Sdn. Bhd. (Tambun Indah)

Register your interest here

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.

Location Map:

 

 

SITE PROGRESS: Imperial Grande (Mar 2020)

Property News/ 7 March 2020 No comments

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About Imperial Grande

A mixed development by Modular Platinum Sdn. Bhd. (Ideal Property Group) in Sungai Ara, Penang. It is located along Jalan Fettes, surrounded by Iconic Skies, Gardens Ville and Imperial Residence. This development will offer a mix of landed and high-rise properties, with 2 level of shop offices located below the residential tower.

Find out more about Imperial Grande

 

Eco Bloom – A Lifestyle Condominium

Property News/ 5 March 2020 2 comments

eco bloom

As parcels of land in the once sleepy-hollow of Simpang Ampat on mainland Penang got sold, new housing estates have been developing and the town is now bustling with activity.

The Northern Light Private School is located in Simpang Ampat, while GEMS International School at Pearl City is also within close proximity.

Standing tall in the centre of town is Eco Bloom – the area’s first condominium project which incorporates a commercial element. The units command a green view and extended vistas of the mainland and are suited to all generations of buyers ranging from working professionals, small families to retirees. A dedicated living space with a range of amenities is also featured in this development.

Additionally, the convenience of retail shops and eateries below is also the first for a high-rise property development in Simpang Ampat and for Eco World in the northern region.

A separate and secure entrance is available for residents at the back of this high-rise, offering two and three bedroom units that are planned with optimum space utilisation in mind.

All residents need to be is to step out of their units to a common and secure life-space where a swimming pool, water feature, children’s play area, state-of-the art gymnasium, nursery facilities and a generously spaced reading area are available. A common area for residents also enables group activities ranging from cooking to craft lessons and a venue to host gatherings.

What can be more convenient that a row of commercial lots below which are being snapped up quickly? This is thanks to the generous landscaped area fronting the shops. Tenants to date include a bakery, daycare centre, convenience store and professional service providers.

The project’s outdoor `Bloom Garden’ is a dedicated public space where activities like zumba will be carried out on Sundays. It is also a space dedicated to entertainment and other fun activities.

The benefits of coming home to a well-appointed condominium with top-notch amenities, together with retail and dining conveniences below is what makes Eco Bloom stand above the other developments in the area.

Since the handing over of vacant possession for this project is within the first quarter of this year, now is the time to grab a unit.

Register your interest here

 

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