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.

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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

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Seri Berapit, an upcoming commercial and residential development along the main road of Jalan Berapit. Located next to Taman Berapit, about 5 minutes drive away from Bukit Mertajam town centre.  SMK Berapit and SJK(C) Jit Sin is less than 3km away, easily accessible via Jalan Berapit.

This development will offer a mix of gated residential and shop houses:

• 3-storey terrace (76 units)
• 2-storey semi-detached (4 units)
• 2-storey shop office (19 units)

Project Name: Seri Berapit
Location : Bukit Mertajam, Penang
Property Type : Terrace, Semi-detached & Shop offices
Built-up Area: 1,898 sq.ft. (terrace), 2,100 sq.ft. (semi-d), 2,500 sq.ft. (shop office)
Land Area: 1,194 sq.ft. (terrace), 2,260 sq.ft. (semi-d), 1,324 sq.ft. (shop office)
Total Units: 76 (terrace), 4 (semi-d), 19 (shop office)
Developer : Oriental Max Group

Location Map:

Demand for quality homes remained strong despite the current soft market conditions, said Eastern & Oriental Bhd (E&O) senior general manager for group marketing and sales Wayne Wong.

In April, E&O sold 87 per cent of Phase 2 of the Ariza Seafront Terraces, a seafront haven nestled within its award-winning Seri Tanjung Pinang master planned development in Penang.

The price for the units starts at RM2.9 million and above.

These elegant 2½-storey, freehold, terraced homes have an estimated gross development value of RM90 million.

“The heightened interest garnered at the recent Ariza Seafront Terraces private preview is a testament that discerning homeowners’ demand for high-quality homes remains strong despite the current soft market conditions,” he said.

The Ariza Seafront Terraces feature distinctive straits-eclectic architecture and elegant interior courtyards – showcasing the seamless blending of modern living standards with Penang’s old-world charm.

Leveraging on its prime seafront location, Ariza offered homeowners a much-coveted sea-fronting lifestyle at Penang island’s address of choice, said Wong.

Slated to be completed in March 2019, built-ups of the Ariza terrace homes range from 3,488sq ft for the intermediate units to 3,781sq ft for the corner units.

Wong said the well-appointed Ariza homes present a spacious and serene abode for families, with internal courtyards that open to the sky, high ceilings, wide windows and breezy living spaces.

Each Ariza unit comes with four generously-sized bedrooms, with two bedrooms paired with elegant en suite bathrooms and another two with connecting bathrooms, wall-mounted split air-conditioning systems, comprehensive set of kitchen appliances and ample living spaces.

The Ariza Seafront Terraces is among the final set of landed properties within the Seri Tanjung Pinang development.

Phase one of Ariza Seafront Terraces comprises 33 units. It was launched in 2009 and is fully sold.

Source: New Straits Times

Island Medical City, a proposed RM2 billion medical facilities development by Island Hospital in Penang. Located along Peel Avenue, this development will focus on medical tourism that has a projection of a 30 per cent annual growth.

This will be the first-of-its-kind medical hub in Malaysia and it will have the most advanced tertiary care facility with multiple specialities including oncology, orthopaedics, neurosciences and geriatrics.

Long-term phases of the project will include constructing more medical suites, other ancillary facilities, and eventually expanding its capacity to 1,000 hospital beds.

Along with the expansion, the development plans for the site included the following:

• Parcel 1: One block of 12-storey hospital with 2 level of basement carpark. An underground linkway will connect the new building to the existing hospital across the road.
• Parcel 2 : One block of 36-storey medical suite (380 units) with multi-level car parking bays.
• Parcel 3 : One block of 33-storey hotel with 440 bedrooms.

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