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UPCOMING: Tanjung Pinang / Zenith Urban Development

Tanjung Pinang/ 17 March 2020 No comments

upcoming-by-zenith

A newly proposed serviced residence development by Zenith Urban Development Sdn. Bhd. within the established township of Tanjung Pinang. Located adjacent to Marinox Sky Villas and The Tamarind Executive Apartments, overlooking the STP2 man-made island. Is only a mere minutes drive from Gurney Drive, less than 10km to the tourist belt of Batu Ferringhi.

This development will see the construction of a 41-storey skyscraper, featuring 588 serviced residence units with levels of multi-storey carpark.

More details to be available upon official launch.

Project Name: (to be confirmed)
Location :
 Tanjung Pinang, Penang
Property Type : Serviced residence
Total Units: 588
Built-up Area: (to be confirmed)
Indicative Price : (to be confirmed)
Developer : Zenith Urban Development Sdn. Bhd.

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(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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SITE PROGRESS: The Amarene (March 2020)

Property News/ 15 March 2020 1 comment

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About The Amarene

Part of Ideal Vision Park development by Ideal Homes in Bayan Lepas, Penang. This development is strategically located along Jalan Tun Dr. Awang, adjacent to Tree Sparina condominium. It is just a mere minutes drive to Straits International School and Penang International Airport. Featuring a 35-storey condominium that offers 410 residential units with built-up size ranges from 1,100 sq.ft to 1,200 sq.ft.

Find out more about The Amarene

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(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.

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.

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(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

deloft

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)

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(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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