Belmont, an on-going mixed development by GTM Land & Property Sdn. Bhd. at Bukit Mertajam, Penang. Strategically located along Jalan Kulim, next to the famous Roman Catholic church – St Anne’s Church. It is only 10 minutes away from Aeon Mall, Tesco Shopping Center and 5 minutes away from SJK (C) Kim Sen, SMK Convent and Jit Sin Independent School.

This development will feature a mix of residential and commercial properties:

• 3-storey terrace (20 units)
• 3-storey semi-detached (8 units)
• 3-storey shop office (28 units)

Project Name : Belmont
Location : Bukit Mertajam
Property Type : Mixed development
Tenure: Freehold
Built-up Size: 2,945 sq.ft. (shop office), 2,515 sq.ft. (terrace), 3,734 sq.ft. (semi-d)  onwards
Land Area: 1,205 sq.ft. (shop office), 1,260 sq.ft. (terrace), 2,798 sq.ft. (semi-d) onwards
Total Units:: 28 (shop office), 20 (terrace), 8 (semi-d)
Indicative Price: RM1.88m (shop office), RM739k (terrace), RM1.23m (semi-d) onwards
Developer : GTM Land & Property Sdn. Bhd.
Developer Contact: 017-4300 366 / 017-4300 399

Location Map:

The Penang government welcomes the state’s ferry service being taken over by the federal government linked Prasarana Malaysia Bhd.

Chief Minister Lim Guan Eng said the takeover by the largest public transport provider in the country, bodes well for the future of ferry services, in the state.

He hoped that Prasarana will also have sufficient funds to improve ferry services and bring them to greater heights.

He added the state was confident that a positive outcome would be seen in better ferry services following positive feedback since it started running Rapid Penang bus services.

“The people running Rapid Penang are professionals,” he said at a press conference today.

Lim added Prasarana also plans to introduce catamaran-type ferries to improve services between the island and mainland.

He said the introduction of catamarans will increase passenger loads and ensure the ferry service becomes reliable.

He said it is important to maintain the original design of the ferries to ensure it is maintained for heritage and historical purposes

“I hope Prasarana’s ferry service will be free from any political interference,” he said.

Source: Bernama

Lately we have received several inquiries related to the latest development at Sungai Ara / Bayan Lepas area. Here are the list of latest projects reviewed in no priority order. Make your choice wisely as there are plenty of options available now.

Fairview Residence

Upcoming affordable housing development at Sungai Ara, Penang. Strategically located next to Setia Pinnacle by SP Setia, about 10 minutes drive away from Setia SPICE. This is a joint venture development between VST Group and BSG Property, featuring a 34-storey condominium.
Indicative Price: RM368,000 onwards.

TreeO Hillside Towers

An upcoming affordable housing by Hunza’s wholly-owned unit, Diamaward (M) Sdn Bhd, at Sungai Ara. It is located next to Taman Sungai Ara, about 1.5km away from SJK(C) Chong Cheng. This development comprises three 49-storey towers offering a total 1,390 affordable units.
Indicative Price: RM300,000 onwards

Senzo Residence

Residential development by Corfield Development Sdn. Bhd. in Sungai Ara, Penang. Strategically located next to Skycube Residence, just a mere minutes drive away from sPICE. This development will see the construction of a 34-storey building, offering 397 residential units with size ranging from 1,080 sq.ft. onwards.
Indicative Price: RM480,000 onwards.

Imperial Grande

Upcoming 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.
Indicative Price: RM550,000 onwards

Isle of Palm @ Setia Pearl Island

Formally the show village of Setia Pearl Island at Sungai Ara, Penang. This project will comprises 30 units of 3-storey semi-detached houses, 16 of which are existing show units and another 14 new houses to be built.
Indicative Price: RM2,200,000 ownards

Mpire Residences

Upcoming mixed development by Paramount Solaris Sdn. Bhd. (Ideal Property) in Bayan Lepas, Penang. It is located next to The Clovers by Asia Green, about 3km away from Penang International Airport. This 50-storey development consists of 2 residential and one commercial tower.
Indicative Price: RM800psf onwards

Camerlina

3rd phase of Ideal Vision Park by Ideal Homes in Bayan Lepas, Penang. This development is located along Jalan Tun Dr Awang, next to Summerskye Residences. It is only minutes away from various learning institutions including the proposed new schools: Chung San Primary School and Heng Ee.
Indicative Price: RM550,000 onwards

Another proposed serviced residence by GTM Emerald Sdn. Bhd. near Bandar Perda in Bukit Mertajam. Strategically located along Jalan Permatang Pauh, next to the Prominence condominium by Bionic Development Sdn. Bhd. It is only 10 minutes drive to Penang bridge via Jalan Baru, just a stone’s throw away from Mydin Mall.

This development will see the construction of a 28-storey commercial building, offering a mix of serviced residence and 6 units of 2-storey shop offices.

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

Project Name: (to be confirmed)
Location : Bukit Mertajam, Penang
Property Type : Serviced residence & shop office
Built-up Area: (to be confirmed)
Total Units: 186 (serviced residence), 6 (shop office)
Developer : GTM Emerald Sdn. Bhd.

Location Map:

Article by Freemind Works

To own our own home is viewed by society as one of the key milestones of being successful. Hence, we will almost always buy a property for our own stay first.

However, with the rising home prices and the fact that our salary or income is still at the level it was 10 years ago, owning a home continue to be a big challenge to many people.

Therefore, to be a smart property investor, you need to have the right strategy or methodology.

To find out more, how to To Buy Your Property For Under RM1,000 and make RM20,000 to RM60,000 A Year, click here:

>>> http://bit.ly/proptalk17

#1. You should never buy your first property for own stay. Buy your investment property first.

Firstly, buy a property for investment. Make money buying this property. Rinse and repeat. By doing so repeatedly, you will be able to build up sufficient fund to eventually buy your dream home.

#2. Buy the investment property at below market value.

By following the 15 steps outlined in the Master Key Method®, you can potentially identify a below market value. A property that fits into all the criteria will enable you to make money when buying your investment property. The seed money generated will enable you to buy your next property and slowly build up a sizeable property portfolio.

#3. Maximize your ROI.

Always aim to maximize your ROI when buying your property.

When we invest our hard-earned money in any investment vehicle, one of the most important criteria for us to consider is the Return On Investment (ROI). Using the Master Key Method®, we can increase our ROI up to 2,000%!

If you recall, the recent money game scheme that got busted offered a return of 240%. Based on this high return, many will say that it is a scam. But I’m telling you now that buying the right property can generate even higher returns.

Let me illustrate:

Using the Master Key Method®, you identified a property selling at RM100,000. You buy this property with only RM1,000 and you make RM20,000 from just this one property. Let’s calculate the returns.

(%)ROI = RM20,000/RM1,000 x 100% = 2,000%

That is a whopping 2,000%.

The best part about using this method is that you still own the property and continue to collect monthly rental that gives you positive cash flow and passive income every single month.

I will be sharing more about the Master Key Method® and how you can invest in Property With Under RM1,000 and make RM20,000 to RM60,000 A Year with high ROI, on the following date:

Date: 17 Jun 2017 (Sat)
Time: 1pm – 6pm
Venue: Vistana Hotel

So do block your calendar reserve your seat.

And now for the good news. For readers of Penang Property Talk, you get to attend this workshop for FREE. But only for the first 17.

Click here now to reserve your seat:

>>> http://bit.ly/proptalk17

[Sponsored Ad]