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Forest Ville hillside development completed

Property News/ 21 February 2020 No comments /中文版

ForestVille - Pool View

Ideal United Bintang International Berhad (IUBIB) has achieved yet another proud accomplishment with the completion of its hillside development – Forest Ville, which consists of 991 units of semi-detached concept condominium embraced within a lush and natural surrounding.

The project has a gross development value of RM519mil and recorded a 99.9% of sold out rate as at to-date.

Forest Ville is poised to be another livable community in Penang. It forms a self-contained community where major amenities such as market, recreation spot and school are purposely built for the convenience of the community.

“We are extremely excited and delighted to welcome the residents to Forest Ville, one of our convenient and sustainable neighbourhood development in Bayan Lepas, and we can’t wait to move into the next phase! Which see the construction of SRJK(C) Shih Chung.”

“Forest Ville offers a sustainable living while convenience stores and eateries are available in the development with dry and wet market, hawker stalls, badminton courts, community hall, leisure spot, nursery centre, day-care centre, kindergarten and school placed within walking distance.” said Tan Sri Datuk Alex Ooi, the Executive Chairman of Ideal United Bintang.

The development is prudently planned with care and concern for young generation. The education starts from preschool, primary to higher education is greatly taken care of.

Besides SRJK(C) Shih Chung, Tan Sri said those with school-going children need not have to travel far as SRJK (C) Chung Shan, SMJK Heng Ee (2) and The Straits International School are just around the corner.

The development is also in close proximity to existing Penang International Airport, Penang Second Bridge, bus stop, hospitals, finance institutions, recreation parks and leisure mall.

Moving forward, the Group will be focusing on The Amarene and Imperial Grande, where both projects are targeted for completion in 2021.

Forest Ville’s Project Information

Forest Ville offers a comfortable living area at 1,000 & 1,050 sqft where each units is adequately planned for a maximum utilisation of space that comes with 3 bedrooms and 2
bathrooms. Sitting on an undulating prime land at Bayan Lepas , Forest Ville offers a refreshing greenery retreat and each unit is thoughtfully designed so that the residents would get in touch with natural environment and landscape at ease.

The project emphasises on the “close to nature” concept and therefore the landscape is showcasing a tropical escape. The landscape covers a few level at 1st floor, ground floor, 2nd lower ground, 3rd lower ground and levelling down to Hillside Terrace Lounge where a recreation park is located at 7th lower ground.

The Hillside Terrace Lounge serve as a viewing deck for sightseeing around the green gorgeous nature. The facility podium at 2nd lower ground is pleasantly designed to include a cascading waterfalls, Jacuzi Dome with Cage, water features facility such as the infinity pool and wet play corner.

An indoor children’s traffic playground is made available for adorable children on the 1st floor. The playground is a perfect place for kids’ cycling activities with a safe environment. Its ground provides variety of traffic circumstances, consisting of roads for vehicles and bicycles, designed to create children’ traffic awareness.

Other indoor facilities include jogging track, yoga room, zumba & aerobic room, gym room, meditation room, dancing room, creative arts room, reading room, elderly, teenagers as well as kid’s games room.

To further enhance the development, residents will also enjoy leisure facilities such as lounges, outdoor equipment, BBQ area as well as viewing decks on Block A 29th floor, the rooftop’s Sky Garden.

 

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New Launch – Taman Mengkuang Ria by Metrio Group

Events & Promotions/ 20 February 2020 No comments

Affordable Landed Property @ Taman Mengkuang Ria 🔥RM3XXk🔥only! Open House 14 & 15 March 10am-5pm.

Metrio Group is pleased to announce the successful launch of Phase 1 and 2 of the 38-acre residential development @ Bukit Mertajam.

The whole development will be developed in 7 phases and is expected to be completed in 5 years. Managed by the Metrio Group, Phase 1’s Taman Mengkuang Jaya has been sold out and Phase 2’s Taman Mengkuang Ria is already 60% sold out, since its official launch on 22nd Feb this year.

Whatsapp: https://wa.me/60124187077

Call 1700-816-898 or visit www.metrio.com.my for more information.

 

Waze: https://waze.com/ul/hw0zqyd1ft

Google Map: https://maps.app.goo.gl/tJPbJ6u4R5XVr8EF9

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Phase 2 of Penang Sentral to go full swing next year

Property News/ 19 February 2020 1 comment
Penang-Sentral-6

Artist impression

Phase 2 of the billion ringgit Penang Sentral integrated mixed-development project in Butterworth is expected to go full swing next year.

The second phase entails the development of an office tower and retail mall, said MRCB Land Sdn Bhd chief executive officer Raymond Cheah.

Cheah said, the office tower and retail component would serve as a catalyst to the transport hub in Butterworth, which is the largest urban settlement in the city of Seberang Perai.

“We are accessing the market. We may start building the office tower first to build up the population before establishing the mall,” he said in an interview.

Cheah is bullish about the new developments for Penang Sentral as the project is located in an established neighbourhood comprising commercial, residential and industrial properties.

“There is a cargo hub and oil depot. Further north is the North Butterworth Container Terminal, with berthing and storage capacity, while further south is the Prai industrial zone comprising light and heavy industries. We believe there will be additional requirements for office space, retail, and apartments.”

The Penang Sentral project is undertaken by Penang Sentral Sdn Bhd and sits on a 9.2ha land.

The total gross development value of the project is estimated at RM2.9 billion. It is expected to be completed in the next 10 to 12 years.

There will also be a business hotel, small office home office units and serviced apartments in future phases.

The Penang Sentral is an integrated hub for bus, rail (KTM Bhd’s electric train service and Komuter train services) and sea transport and costs about RM230 million.

It has nine levels altogether, with level three being the main pick-up and drop-off point. Level one is for passengers of express and stage buses while level two is the transit floor for the purchase of bus tickets. Levels three to five are for retail and food courts while levels six to nine are for parking.

The transport hub, which opened in late 2018 is expected to handle around 4,000 passengers daily.

Cheah said the retail occupancy rate of the transport hub, which commenced operation in November 2018, stood at 82 per cent.

He expects it to be fully-tenanted within the year.

The anchor tenants include Penang Port Sdn Bhd.

Source: NST Online

 

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Penang to have first cooperative town in Malaysia

Property News/ 18 February 2020 No comments

upcoming-koperasi-town

The Cooperative Commission of Malaysia (SKM) is set to build a new town in Sungai Ara, Penang.

Executive chairman Datuk Nordin Salleh said the project would be developed by SKM’s subsidiary, Sungai Ara Bhd (Tunas Muda).

He said the new town, which will comprise residential units and various other amenities, is an initiative by SKM to help its members own affordable homes. It will be the country’s first ‘cooperative town’ and estimated to cost RM1.6 billion.

“To me, Tunas Muda’s plan to build its own town is something that is forward-looking and it is in line with our efforts to prioritise the well-being of the people,” he told reporters after visiting the ‘coop market’ at Masjid At-Taqwa here yesterday.

He said the project covering 83.3 hectares and involves 3,867 housing units, various facilities and infrastructures such as a mini stadium, football field, clinic and mosque is expected to be completed within three years.

Nordin encouraged cooperative members to venture into new business endeavors to establish themselves as cooperative entrepreneurs who could truly fulfill the society’s needs.

“SKM does not want them to become complacent, rather, we want them to expand their businesses and keep up with the times. We are in pursuit of (economic growth) in manufacturing, trade and so on,” he said.

Source: EdgeProp.my

 

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UPCOMING: Bayan Mutiara / Asia Green Group

Bayan Mutiara/ 16 February 2020 No comments /中文版

proposed-development-asia-green-group

Yet another mixed development proposed by Asia Green Construction Sdn. Bhd. at Bayan Mutiara. Strategically located next to Tun Dr. Lim Chong Eu Expressway, this could be the next to phase of The Zen development.

The proposed development comprises two 42 and 34-storey residential towers, featuring a total of 860 serviced residence units with 36 retail shop lots at level 1 and 2. There will be 7 levels of multi-storey carpark with facilities located at level 8.

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

Property Name: (to be confirmed)
Location : Bayan Mutiara, Penang
Property Type : Mixed development
Total Units : 860 (condo), 36 (shop lot)
Land Tenure : (to be confirmed)
Indicative Price : (to be confirmed)
Developer : Asia Green Group

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