Pegasus Residence, a gated and guarded residential development along Jalan Pengkalan Baru in Bukit Tengah, Penang. This project comprises 117 units of 2-storey link houses, with facilities such as club house, swimming pool, water fun park, landscaped park and exclusive entrance with guard house.

Property Project : Pegasus Residence
Location : Bukit Tengah, Penang
Property Type : 2-Storey Link House
Tenure : Freehold
Built-up Area: 22′ x 46′ onwards
Total Units : 117
Developer : Pegasus Property Sdn. Bhd.
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P3 Residence, part of Prestige III Central Park City by PLB Home in Balik Pulau, Penang. This is one of the most affordable  facilities apartment in Balik Pulau township with size ranging from around 900 sq.ft. onwards.

Project Name : P3 Residence
Location : Central Park City, Balik Pulau, Penang
Property Type : Apartment
Built-up Area: around 900 sq.ft. onwards
Land Tenure : Freehold
Indicative Price: RM230,000 onwards
Developer : PLB Homes

MORE than 80,000 people visited the RM500mil Gurney Paragon during its first day of business.

Gurney Paragon director Lily Tan said 50,000 people were expected to visit Gurney Paragon each weekend from now till the end of the year as more stores opened up.

Among the top draws at the mall are a 30,000sq ft supermarket called Sam’s Groceria occupying the lower ground floor as well as Padini and Brands concept stores occupying 50,000sq ft on levels 2 and 3.

Diners can head to the Hokkaido Ichiba restaurant taking up 10,000sq ft on the sixth level.

Movie fans will have a good choice of shows at the nine Tanjung Golden Valley cinema halls at Level 8 which will open in December.

“More outlets such as Canali and H&M will open next month on level 1, while Debenhams, a UK fashion brand, will open in September,” said Tan on Tuesday.

“Level 1 and 2 feature mostly clothes and accessories.”

“Level 3 is dedicated to sportswear while furniture stores will occupy level 4. The fifth level will have a 13,000sq ft food court,” she said.

She added that IT shops could be found on level 6, and beauty and reflexology outlets on level 7.

“There is also a section on level 6 called Penang On 6 which features outlets selling locally made accessories and apparel,” Tan said.

Meanwhile, Hunza Properties Bhd executive chairman Datuk Khor Teng Tong said that some 140 outlets had opened at the mall.

“To date, over RM200mil has been spent on the renovation of the stores.

“We expect the mall to be 80% occupied by the end of the year,” he said.

Khor said it would take eight to 10 years for the group to recover the RM500mil investment on Gurney Paragon.

The mall has 700,000sq ft of floor area for leasing, according to Tan.

Moving forward, Hunza aims to repeat its success at Gurney Paragon for a commercial-cum-residential project on a 42-acre site in Bayan Baru in the southwest district, according to Khor.

Source: StarProperty.my

Woodsbury Suites, the latest addition to Harbour Place in Butterworth, Penang. This development is strategically located along Jalan Chain Ferry, comprises 420 units of service suites. It is just next to the Econsave hypermarket.

With built-ups ranging from 550 sq ft to 2,270 sq ft, there are eight contemporary layout design to provide for flexibility in defining space according to individual needs.

Select from studio, 1+1 room, loft 1-bedroom, 2-bedroom and 3-bedroom units as well as three types of stylish penthouses. With emphasis on aesthetics and functionality, Woodsbury triumphs with its distinct blend of style and structure of impeccable standards.

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Highlights of this condominium include:

• Comprehensive Modern Facilities
• Gated & Guarded Community
• Personalised Concierge Services
• GBI Certified Eco Design
• 1KM to Penang Sentral & Sultan Abdul Halim Ferry Terminal
• 8KM to Penang Bridge & North South Highway

Property Project : Woodsbury Suites
Location : Harbour Place, Butterworth, Penang
Property Type : Service Apartment
Tenure : Freehold
Total Units : 420
Developer : PJD Property

Visitors having a look at a property model at the SP Setia Berhad Group booth during the fair in Gurney Plaza.

GEORGE TOWN: About RM115mil worth of residential and commercial property was sold during the first three days of The Star Stylish Living Property Fair 2013 at G Hotel and Gurney Plaza.

Property exclusively marketed by Zeon Properties Sdn Bhd generated RM83mil in sales over the past three days.

Zeon CEO Leon Lee said Masmeyer Holdings Sdn Bhd generated RM30mil in turnover with sales from some 30 units of its Marinox condominiums in Tanjung Tokong.

“The Singapore-based UOA Group and Magna Putih each sold about RM15mil worth of property in Kuala Lumpur and Penang.

“UOA sold about 15 units of its Scenario@North Kiara Hills condominium project in Mont Kiara, while Magna Putih sold 10 units of its Mansion One serviced suites in Jalan Sultan Ahmad Shah.

“Other developers, including Mayland Universal Sdn Bhd, Mammoth Empire Holdings Sdn Bhd, Malaysian Resources Corp Bhd and Venn Properties Sdn Bhd, registered RM3mil to RM10mil in sales,” Lee added yesterday.

Three companies – SP Setia Bhd, Lone Pine Group and Bukit Kiara Properties Sdn Bhd – achieved RM32mil in sales during the same period.

SP Setia sales and marketing manager Susie Loh said it chalked up RM18mil in sales.

The sales were generated from the Setia Triangle residential-cum-commercial project and Setia V Residences in Gurney Drive.

“We also received enquiries and registrations for our forthcoming Setia Sky Vista project, a condomi­­nium development in Relau,” she said.

Lone Pine marketing and corporate affairs general manager Mabel Ooi said it had already secured RM10mil in sales.

She said many people sought information on 1Tanjong, a luxury super-condominium in Tanjung Bungah, and Phase 1 of the Pine Sanctuary in Paya Terubong.

“They looked keen on our projects. We expect to close a few more deals today. We are always here for the fair and the response has always been great,” she said.

Meanwhile, Bukit Kiara general manager Alex Chua said the company sold five units of its Verve Suites KL South project, generating RM4mil in sales.

“Our unique design of the scheme is the 60.96m sky bridge connecting two 24-storey tower blocks. The connecting bridge links to a theatre, gymnasium, lounge, and restaurant for the use of its residents.

“The scale model, which shows the connecting bridge, helped at-tract the crowd to our booth,” Chua said.

The fair, organised by The Star for the 11th year, is open from 10am to 10pm at Gurney Plaza and G Hotel. Admission is free.

The official event partner is Zeon Properties and Hong Leong Bank is the sponsor.

Source: StarProperty.my