PENANG | Projects & Construction

[nazrey]

http://upload.wikimedia.org/wikipedia/en/3/3a/MalaysiaPulauPinang.png

Penang
Penang is the name of an island in the Straits of Malacca, located on the north-west coast of peninsular Malaysia. A resident of Penang is colloquially known as a Penangite.

http://img106.exs.cx/img106/4385/luchtfotopenang18mx.jpg


Capital George Town
Area
- Total 1,046.3 km²
Population
- 2006 estimate 1.47 million
- Density 1404.91/km²

[nazrey]

From Malaysian Forum
Originally Posted by TYW
HIGH RISES
UNDER CONSTRUCTION
1. The Mayfair
2. 11 Gurney Drive
3. Harbour Place (Butterworth)
-Sea View Tower
4. Putra Marine Condominium
-Tower 1
-Tower 2
-Tower 3
-Tower 4
-Tower 5
5. Desa Bayan
-Block A
-Block C
-Block E
6. Prai Inai
7. Jelutong Park
8. Jelutong Palace
9. Krystal Suria
10. Penang Times Square
-Birch The Plaza
11. Metro East
-Bayswater Resort Condominium Tower 1
-Bayswater Resort Condominium Tower 2
-The Platino Tower 1
-The Platino Tower 2
12. Regency Heights
-Block 1
-Block 2
-Block 3
-Block 4
13. Greenlane Heights Block E3
14. Asia Heights
-Block 1
-Block 2
-Block 3
15. The View
16. Regency Hotel (Gurney Drive)
17. Fettes Villa
18. The Cove
19. D' Fairways
20. The Waterfront
21. Harbour City
-Sri Saujana Block 1
-Sri Saujana Block 2
-Sri Saujana Block 3
22. BL Garden
-BL Anenue Apartments
-BL Garden Apartments
23. The Palazzo
24. Springtide Residences
25. Serina Bay
-Tower 1
-Tower 2
26. i - Regency
-Tower 1
-Tower 2
-Tower 3
27. Alila Horizons Condominium
28. Taman Kheng Tian
-Block 1
-Block 2
TOTAL= 54 Buildings

[nazrey]

The Mayfair

http://www.propertytalk.com.my/project/Image/TheMayfair.jpg

http://img37.picoodle.com/img/img37/8/6/24/f_TheMayfair0m_e5e7d09.jpg

http://img38.picoodle.com/img/img38/8/6/24/f_TheMayfair0m_90258d9.jpg

11 Gurney Drive

http://img37.picoodle.com/img/img37/8/6/24/f_11GurneyDrim_9634c69.jpg

http://img34.picoodle.com/img/img34/8/6/24/f_11GurneyDrim_0210fc5.jpg

http://img35.picoodle.com/img/img35/8/6/24/f_11GurneyDrim_7df96dd.jpg

[nazrey]

ELEVEN GURNEY (11 GURNEY)
Gurney Drive. Penang. Malaysia.

11 Gurney is a brand new modern luxury condominium located amongst the most sought-after address in the known suburb of the golden mile fronting the gurney promenade which is an exclusive area with luxury condominiums and star bucks cafe. Excellent security is enhanced with accessed through the use of proximity security card readers. With its low density of only two units per floor offering a stunning views of the gurney sea. Residents enjoy utmost low density living and privacy with only 62 units spread over 29 storey building. Amongst the immediate neighborhood landmarks are the Gurney Hotel, Laurel Evergreen Hotel and PG1 Condominium.

http://img32.picoodle.com/img/img32/8/6/24/f_11gurney3m_337a476.jpg

http://img34.picoodle.com/img/img34/8/6/24/f_11gurney2m_23dd74e.jpg

http://img29.picoodle.com/img/img29/8/6/24/f_11gbalconym_ffff38f.jpg

[nazrey]

The Cove
Tanjung Bunga, Penang. Malaysia.

The Cove is a new luxury beach front condominium with full facilities including a swimming pool, sauna and gym. Also provided 2 covered car park bays for every unit of condominium. The Cove Condominium is located at Jalan Tanjung Bungah which is a suburb of the middle upper class residential area that perfectly matched your status. The immediate neighborhood are the Dalat International school, Crown Prince Hotel, Copthorne Orchid Hotel and Sandy Bay Paradise Hotel.

http://www.penang-property.com/apartment/the_cove/cove1.jpg

by cooltemper

http://img381.imageshack.us/img381/8035/dscn3272ex6.jpg

http://img261.imageshack.us/img261/2298/dscn3285cw8.jpg

http://i47.photobucket.com/albums/f157/adam_king/PICT3105.jpg

[nazrey]

Springtide residencess

http://www.success88.com/images/thumbnail/small/springtide.jpg

SPRINGTIDE RESIDENCES and the cove

http://i47.photobucket.com/albums/f157/adam_king/PICT3108.jpg

[nazrey]

Suntech

http://www.nst.com.my/Weekly/PropertyTimes/News/Phasedin/20051206151840/Article/Images/Phased/suntecB.jpg

by Adam Tan

http://i47.photobucket.com/albums/f157/adam_king/Suntech.jpg

[nazrey]

SKY HOME

http://www.penang-property.com/apartment/skyhome/nightviews.jpg

http://www.penang-property.com/apartment/skyhome/skyhome.jpg

http://img183.imageshack.us/img183/9786/dscn3249yr9.jpg

[nazrey]

The Spring

http://www.ijmproperties.com/global/php-bin/include/gd/gd.php?gd=2&src=http://webadmin.ijmproperties.com/img/project/289.jpg&maxw=500

http://i4.photobucket.com/albums/y150/forever_consern/DSC00480.jpg

http://i4.photobucket.com/albums/y150/forever_consern/DSC00479.jpg

[nazrey]

Real estate in Penang set to boom
Saturday April 28, 2007
By TEE LIN SAY

http://biz.thestar.com.my/archives/2007/4/28/bizweek/bw_map.jpg

THE dynamics of today's economy are demanding. In an increasingly borderless world where foreign investments are needed for wealth creation, a premium location is one which is both commerce and entertainment driven.

The Iskandar Development Region (IDR) in South Johor is quite precisely all of that – and some. Under the Ninth Malaysian Plan (9MP), the Prime Minister plans to spend RM12.2bil developing IDR into an “emerging special economic zone” to the likes of Shenzhen, Dubai and Mumbai where the best brains from around the world come to live, work and do business in a global growth centre.

Some 800,000 jobs are expected to be created over the next 20 years, and the IDR will be turned into a logistics hub and a centre for the development of services industries like medical, financial and educational.

The accessibility is already there via the airport, ports and the Causeway. What is needed now is the infrastructure and economic activity – this is the implementation part that is being rolled out under the 9MP.

Across the Causeway, our neighbour is busy, and will also be spending billions of dollars building their two integrated resorts in a bid to brand Singapore as the next Asian tourism heart. Because of its close vicinity to Singapore, the IDR is expected to benefit from the spillover effects of such mega expenditure.

South Johor is indeed headed for great times. But excitement is not only brewing down south.

There's another state in Malaysia, which almost seems to hold the same appeal but with a twist – from a technology and tourism hub perspective. The best part is that the development's done, and accessibility is about to be improved.

The food is good and its water quality superior. Land prices are skyrocketing and in recent times, property developers have been flocking this place for opportunities. Also known as the Silicone Island of The East, it's right up north.

http://biz.thestar.com.my/archives/2007/4/28/bizweek/bw_infra.jpg

Macro outlook

Penang has long been a favourite among tourists, and over the last 10 years, has welcomed more than 3 million visitor arrivals per annum, out of which more than 1 million are international visitors, with 37% being repeat visitors. Tourists are attracted to Penang’s beaches, rich heritage, large variety of local delicacies and cost advantage.

Due to this appeal, Penang is the state with the highest number of foreigners living in Malaysia registered under the Malaysia My Second Home programme (MM2H).

Job creation in Penang has been happening since the advent of foreign direct investments (FDI) in the 1990s. Penang’s FDI rose from RM1bil in 2004 to RM4bil in 2006, ranking it joint third in Malaysia in attracting FDI. About 75% of Penang’s FDI is largely in the electrical and electronics sector, with 40% contributed by US companies.

Penang's strength has always been its ability to attract semiconductor and information technology giants. It has served as an offshore base to technology giants, for instance Intel, Motorola, Agilent Technologies, Dell, Seagate, Komag, Robert Bosch and Osram.

More recently, the state government is attracting FDIs that are skewed towards high-tech industries that are less labour intensive – biotechnoly.

Recognising biotechnology as the next revolution, the Penang government has launched a biotechnology initiative to attract investment and research activities to the state in anticipation of the world market for biotech industries hitting US$1.76 trillion by 2010.

In 2003, the allotted 176 ha at the Bukit Minyak Industrial Park attracted three biotechnology projects with a total investment estimated at US$70mil. The biggest of the three was London-listed GeneMedix Plc.

http://biz.thestar.com.my/archives/2007/4/28/bizweek/bw_statsmm2h.jpg

Meanwhile under the 9MP, Penang is a big beneficiary, as it will be receiving RM6.6bil for large infrastructure developments (second Penang Bridge, monorail, outer ring road) and additional road upgrading work.

With a thriving economy yet being a pleasant enough retreat for tourists, it is not surprising that Penang has also made its maiden entry into the Top 10 most liveable Asian City list.

With developments brimming in Penang, a similar growth pattern to the IDR appears to be unfolding. Land prices in the IDR area are now going for RM40 per sq ft because of the major developments taking place.

House prices in Vietnam, Thailand and Indonesia have been skyrocketing, and Real Estate and Housing Developers Association (Rehda) Penang branch chairman Datuk Jerry Chan Fook Sing does not see why Penang should do less well.

“Penang has an international airport, a deepwater port, universities, international schools, a manufacturing hub and accessibility. There is commerce, tourism, greens, shopping and language. Best off, there is still affordability in Penang.”

He adds: “With the amount of economic activity in Penang, I wouldn't be surprised if another bridge is built up north within the next 20 years,”

Property in Penang

It is because of the economic activity and major projects in the pipeline, that Chan is becoming increasingly bullish on the property outlook in Penang.

He says that property prices in Penang have always done well, and will continue to be on the rise. Cost pressures alone will increase prices.

For instance, at the peak of the property cycle just before the market crash in 1997, land in prime areas of Penang cost anywhere between RM80 and RM200 per sq ft (psf). The supercondos in Gurney Drive were going for RM300 psf.

Today, these peaks have been surpassed, and land prices in prime areas of Jesselton, Green Lane, Tanjung Bungah and George Town are going between RM100 and RM250 psf. The supercondos are easily snapped up at RM400-RM450 psf.

Statistics wise, Penang has the highest sales growth in Malaysia (five-year compounded annual growth (CAGR) rate of 11% versus average of 8%). House prices on the island have risen to almost match the Klang Valley’s, growing at a five-year CAGR of 4.3% versus the national average of 2.9%.

“In terms of buying property, we do not need to look beyond Malaysia. We are much cheaper than our regional peers. With the level of economy we are going to be seeing in the state, land prices both on the island and mainland should continue appreciating by at least 5% to 10% over the next 5 to 7 years,” he says.

Chan sees this price appreciation even before taking into account the abolishment of real property gains tax (RPGT). Now that this ruling has been done away with, Chan opines that property investment is almost a “no brainer”.

“You don't get taxed anymore. I have always felt that property development is an honest business. Property is an immovable asset. It is tangible and it is safe. It will not depreciate, and over time will continue to appreciate. People spend too little on properties compared to cars and luxury goods. In a rising market, you cannot go wrong buying properties,” he says.

For those who are not assured, Chan says that the completion of the second Penang Bridge alone will act as a catalyst for major growth.

Penang has not seen major infrastructure activity since the first bridge was constructed back in 1985 and the last stretch of the North-South Expressway was completed in the early 90s. Chan says the amount of activity itself will see big spillover effects throughout the state.

“People have yet to see how they things will change because of the second bridge. You will notice that whenever there is an interchange, land prices zoom,” he says.

Since the opening of the first bridge, it has become the major lifeline to Penangites. Apart from water and electricity, the bridge is almost a living necessity. Problems, however, arose when the bridge reached congestion point earlier than expected.

In the last three decades, industrial development has been in the middle part of Seberang Prai. The southern part of Seberang Prai has seen the least development. But with the building of the Second Bridge, and a link connecting the bridge from Batu Kawan to Jawi, economic activity in the vicinity will automatically intensify.

Batu Kawan will be the first point between Penang island and Seberang Prai. From Batu Kawan, a link from the Second Bridge to Jawi will be built.

With the opening of the Second Bridge, Chan foresees more people moving to the mainland, especially to the southern part of Seberang Prai. With the escalation of house prices in the island far from ceasing, house buyers will view the mainland as a favourable alternative, considering that a home there would be 3 to 4 times cheaper.

Chan is of the opinion that the southern part of the corridor between the two bridges – (Simpang Ampat and Jawi) will see the greatest potential in land prices and development.

“There are many people who work in Singapore, yet stay in Johor Baru because it is cheaper. The same thing will happen between the island and the mainland. It is even more convenient as the island and the mainland are in the same state and under the same state government,” says Chan.

Location-wise, the distance from the first bridge to the second bridge is about 20 minutes, unlike the Causeway to the Second Link to Singapore, where the distance is huge. For southerners travelling up north, the second bridge will be the first point of entrance towards the island.

“When the first bridge was built, it was a nucleus for growth. We saw industrial areas mushrooming in the northern part of Seberang Prai. Hence, areas like Butterworth, Juru, Bukit Tengah and Bukit Minyak started growing, and land prices appreciated.

People have yet to see it, but what happened with the first bridge will happen with the second bridge. The government will not sink in RM3.5bil on a bridge without trying to recoup that money. A lot more land around that area will be opened. The Penang Development Authorities are now looking into it,” says Chan.

He adds that with the construction of the monorail from George Town to the airport in Bayan Lepas, previously not so prime areas like Bayan Baru will begin seeing the land prices appreciating.

“Whenever a road crosses a building, house or shop, the price always appreciates. We see that happening in the southern part of Seberang Prai – areas like Jawi, Sungai Bakap and Simpang Ampat. These areas have seen the least development, and where there is the least development, the potential is always the greatest,” says Chan.

Land prices in the southern part of Seberang Prai now range between RM8 and RM20 psf. With the kind of projects happening over the next few years, Chan sees land prices easily appreciating by 50%.

Meanwhile, piling works in the sea for the 24-km second link are scheduled to begin end of the year. Test piling are now being carried out in the sea to determine if the soil can withstand the load of the bridge. This should be completed in three months.

MM2H

Because of its local variety, delicacies, affordability and beaches, Penang has become a number one choice state for participants under the MM2H programme.

Penang has nearly everything – good colleges, private schools and universities and a favourable cost of living.

“We have some of the best private hospitals in the country, and about 30% of these private hospitals derive their revenues from patients in Medan and other parts of Indonesia,” he says.

Chan says that the number of participants under MM2H is increasing, and moving forward, this will become a significant source of FDI for the country.

As an example, an average participant that enters the country under MM2H pays a one-off expense (which includes buying their property and other fees) of RM1mil. Their monthly living expenditure easily amounts to US$2,000. So far, a big chunk of participants under MM2H comes from Britain, China, Japan, South Korea and Singapore.

In many ways, Chan sees Penang as being more attractive than Singapore. Not only are property prices 10-15 times cheaper, the cost of living is lower, and cars here are not taxed.

“MM2H will not stop at the island. It will spread to the mainland,” says Chan.

[nazrey]

New launching!
KELAWEI VIEW

Kelawei View is a new luxury condominium project development located in prime Georgetown, the heartbeat of the city, close to the popular gurney drive and easily accessible to modern conveniences. Residents enjoys utmost privacy and low living density with a spacious built up area of approximately 4,303 - 6, 423square feet. Each unit offers a beautiful city twinkling lights with unending sea breezes and superb sunset view.

http://img34.picoodle.com/img/img34/8/6/24/f_523m_130025e.jpg

[nazrey]

INFINITY

Infinity is a newly launched luxury condominium project development. Infiniti range of facilities include a host of attractive features with modern amenities and five star luxuries make the condo intensely desirable. Excellent security with accessed through the use of proximity security card readers and private lift lobby. The Infiniti Condominium is located in Tanjung Bungah which is a suburb of the upper class residential area that perfectly matched your status.

http://www.penang-property.com/apartment/infiniti/photos/infinitypenang.jpg

http://www.penang-property.com/apartment/infiniti/photos/inbeach.jpg

http://www.hunzagroup.com/infinity/infiniti01.jpg

[nazrey]

GURNEY PARAGON
Gurney Drive. Penang. Malaysia.

http://www.penang-property.com/apartment/gurney_paragon/gurneyparagon.jpg

Gurney Paragon is the latest exquisite upmarket luxury condominium project development to be launched. Sited in prime Gurney Drive, the heartbeat of the city, with an abundance of amenities offering modern day city living & conveniences at its best. Gurney Paragon features a spacious built up area of approximately 2,829 - 4,600 square feet. Each unit offers unending sea breezes and superb sunset view which makes living in Gurney Paragon a delight. An enviable location. A place to reside in the heart of the city.

http://www.penang-property.com/apartment/gurney_paragon/gurneytower2.jpg

[nazrey]

PENANG TIMES SQUARE and EAST WEST TOWER & MALL

http://img31.picoodle.com/img/img31/8/6/24/f_527m_c07dba6.jpg

http://img02.picoodle.com/img/img02/7/1/22/f_compnewAli_9ad6m_6e4a3b6.jpg

http://i4.photobucket.com/albums/y139/protoeden2/holdingsDK.jpg

http://i4.photobucket.com/albums/y150/forever_consern/DSC00427.jpg
http://i4.photobucket.com/albums/y150/forever_consern/DSC00426.jpg

[nazrey]

Metro East, Penang
Projects under Metro East
-TESCO
-e-Gate
-Bayswater Resort
-The Platino Super Condominium
-Office Blocks

http://www.bayswater.com.my/tiff/comm_pix.jpg

by TYW

http://img32.picoodle.com/img/img32/8/6/24/f_egate15thm_6ee9b1e.jpg

by cooltemper

http://img26.picoodle.com/img/img26/8/6/24/f_52754m_ff8d51e.jpg

http://img264.imageshack.us/img264/5465/balik662tf.jpg

[Arkdriver]

Next hot spot i think in Batu Gantong racehorse track, Harbor Place in Butterworth and along Jelutong Expressway

[White_soX]

The tower are just awesome, is there any tall office being built/plan?

[nazrey]

Penang International Equestrian Centre

http://www.thestar.com.my/archives/2006/6/15/north/turf.jpg

ULTRA MODERN:An artist's impression of the new
Penang International Equestrian Centre at Batu Kawan.

The new turf club (Penang International Equestrian Centre) will be in Batu Kawan in the mainland and will look like this:

http://img127.exs.cx/img127/7566/kawan6kk.jpg

http://img153.imageshack.us/img153/9305/yippee2gw6.jpg

[nazrey]

-edit-

[Adam Tan]

The-ceo:)

The C.E.O comprises 250 office units with innovative stylish architectural designs. The SOHO at C.E.O is a well-planned office complex that consolidates the comfort of modern living with well-organized working environment.

http://img136.imageshack.us/img136/6156/theceo1ik0.jpg

[Arkdriver]

Penang International Equestrian Centre looks much better than Bayan Lepas Airport. Imagine what can Equine Capital do to New Penang International if Government allow then to build new airport in Batu Kawan in exchange of prime lots sitting on current Bayan Lepas International.

By the way where's The CEO located?

[Irwin]

By the way where's The CEO located?

In Bukit Jambul, next to Vistana Hotel.:banana:

[nazrey]

C.E.O

http://idealhomes.cc/the-ceo/images/home_06.jpg
http://idealhomes.cc/the-ceo/images/home_09.jpg

Dubbed as the first smart office in Penang, the C.E.O offers a unique experience of a new working and modern living environment under one roof.

Poised to be a prestigious address in Bukit Jambul in the southwest district of Penang island, the C.E.O is designed based on the Small Office Home Office (SOHO) concept for start up businesses or small investors. A first-class investment opportunity, the C.E.O is well position to achieve Multimedia Super Corridor (MSC) status.

http://idealhomes.cc/the-ceo/images/designconcept_07.jpg
http://idealhomes.cc/the-ceo/images/designconcept_10.jpg

http://idealhomes.cc/the-ceo/images/sorrounding2_01.jpghttp://idealhomes.cc/the-ceo/images/sorrounding2_02.jpg
http://idealhomes.cc/the-ceo/images/sorrounding2_03.jpghttp://idealhomes.cc/the-ceo/images/sorrounding2_04.jpg

http://idealhomes.cc/the-ceo/images/gallery5_06.jpghttp://idealhomes.cc/the-ceo/images/gallery5_07.jpg
http://idealhomes.cc/the-ceo/images/gallery5_28.jpghttp://idealhomes.cc/the-ceo/images/gallery5_29.jpg

[nazrey]

The site > Bukit Jambul

http://www.davidandscott.com/Panang2002%20view%20from%20hotel%20006%20(2).jpg

http://www.pbase.com/ericcyn/image/41569486.jpg

[nazrey]

by Choo Tse Chien

http://www.pbase.com/image/26187131.jpg

[patchay]

CRAZY, AMBITIOUS PENANG DEVELOPMENT

1. Ole Scheeren's Penang Turf Club Redevelopment Plan (with 30+ skyscrapers)


nah korang...!


Aerial
http://img442.imageshack.us/img442/6862/p10100326iq.jpg (http://imageshack.us)

Aerial lagi
http://img527.imageshack.us/img527/1515/p10100274jg.jpg (http://imageshack.us)

Aerial lagi lagi
http://img504.imageshack.us/img504/1861/p10100281wn.jpg (http://imageshack.us)

Nice
http://img503.imageshack.us/img503/2424/p10100441yq.jpg (http://imageshack.us)

Nicer

http://img502.imageshack.us/img502/8413/p10100411co.jpg (http://imageshack.us)

PTC
http://img301.imageshack.us/img301/433/p10100316fv.jpg (http://imageshack.us)

BEST AERIAL!
http://img354.imageshack.us/img354/4273/p10100295fv.jpg (http://imageshack.us)

Ole Scheeren himself
http://img355.imageshack.us/img355/4674/p10100308pa.jpg (http://imageshack.us)

[patchay]

CRAZY, AMBITIOUS PENANG DEVELOPMENT

2. GRÜNTUCH ERNST ARCHITECTS / SA ARCHITECTS Penang Turf Club Redevelopment Plan



Masterplan Penang Turf Club
Malaysia

Competition 2004/05, 2nd Prize

http://img92.imageshack.us/img92/1912/179qh4.gif

http://img243.imageshack.us/img243/1672/54560992he2.jpg

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http://img243.imageshack.us/img243/1010/11zc8.jpg

[patchay]

CRAZY, AMBITIOUS PENANG DEVELOPMENT

3. TAK's Penang Turf Club Redevelopment Plan



http://www.tak.com.my/pturf_01.jpg

Located around the existing Penang Turf Club with the area of 263 acres, the project includes mix-use, commercial and residential developments. This will include a 30 storey building similar to the current Plaza Komtar.

[patchay]

CRAZY, AMBITIOUS PENANG DEVELOPMENT

4. MICHEAL SORKIN STUDIO / VERITAS ARCHITECTS Penang Turf Club Redevelopment Plan




Penang Peaks
Penang, Malaysia, 2004

Penangs Peaks is an intensely mixed-use community, providing housing, offices, commercial space, medical facilities, a convention center, transit node, concert hall, schools, a campus for overseas universities and extensive recreational facilities. The project is designed to be highly sustainable, indeed, a model of best environmental practices: in both appearance and behavior, its architecture will be dramatically green and will be fully self-sufficient in water and waste management. The project is organized around a 20 hectare Great Park, intended to provide amenity for the city as a whole and linked to the Penang Hills via a land-bridge over the new Penang Outer Ring Road. The park is surrounded by residential buildings, connected by Kudalari Drive, an elliptical roadway that girdles the site and distributes its uses. The Drive is intended to become the city’s premier retail boulevard and to accommodate a legion of strollers and diners.

http://www.sorkinstudio.com/studio%20images/Penang.gif

http://www.sorkinstudio.com/Penang%20Peaks.htm

[patchay]

CRAZY, AMBITIOUS PENANG DEVELOPMENT

5. ATSA ARCHITECTS / MORPHOSIS's Penang Turf Club Redevelopment Plan




Greeting to our readers,
In June 2004, we were invited to participate in a design competition to propose a masterplan for the redevelopment of Penang Turf Club in Penang Island. We were partnered with Santa Monica based Architectural firm, Morphosis. 6 teams were also invited to enter the competition (6 local Architects with 6 Foreign Architects). The other teams were;
1) Axis Architect with Atelier Seraji, France
2) Pakatan Reka with Asymptote Architects, USA
3) SA Architects and Ernst & Gruntuch Architects, Germany
4) Veritas Architects with Micheal Sorkin Studio, USA
5) Chee Ang Architect with OMA, Holland
6) RSP (KL) with Riken Yamamoto & Field Shop Tetsuo Furuichi, Japan and Furuichi & Associates Japan.
The competition was organized by the client, Equire Capital and promoted by Asia Design Forum under Dr. Ken Yeang.
For this month e-news, we would like to feature our design competition submission together with Morphosis. The conceptual design of this scheme was caried out by Morphosis under the direction of their Principle Architect Mr. Thom Mayne.

Redevelopment of the Penang Turf Club Land Masterplan Competition

http://www.atsa.com.my/enews/nov-dec04-07a.gif
Penang and it's viciality

http://www.atsa.com.my/enews/nov-dec04-07b.gif
Map of Georgetown and the site

Location
The site is located within Section 2, Town of Georgetown, in the North-East District of Penang. It is situated at the intersection of Jalan Scotland - Jalan Batu Gantung and Jalan York. It is approximately 2 1/2 miles (4.0 kilometres) to the west of the city centre of Georgetown, Penang. The site is approximately 259 acres.

http://www.atsa.com.my/enews/nov-dec04-07c.gif
Penang Island map.

http://www.atsa.com.my/enews/nov-dec04-02.gif
Development Model 1

http://www.atsa.com.my/enews/nov-dec04-03.gif
Development Model 2

http://www.atsa.com.my/enews/nov-dec04-04.gif
Development Model 3

http://www.atsa.com.my/enews/nov-dec04-05.gif
Development Model 4

http://www.atsa.com.my/enews/nov-dec04-06.gif
Development Model 5

Massing conceptual model from initial concept to final concept design development model.

http://www.atsa.com.my/enews/nov-dec04-08.jpg
Site plan of Penang Turf Club.

http://www.atsa.com.my/enews/nov-dec04-09.jpg
Redevelopment plan proposal for the Penang Turf Club.

http://www.atsa.com.my/enews/nov-dec04-10.gif
OPEN SPACE PLANE
Active Park Landscape
Passive Park Landscape
Semi-Private Residential Landscape
Natural Landscape
Water Element

http://www.atsa.com.my/enews/nov-dec04-11.jpg
PEDESTRIAN CIRCULATION

Walking Distances
Pedestrian Sidewalks and Trails
Vertical Circulation Cores
Public Park Space
Main Pedestrian Entry

Monorail Stop

http://www.atsa.com.my/enews/nov-dec04-12.jpg
VEHICLE CIRCULATION

Parking Garage Entry
Primary Streets
Funicular Railway
Future Monorail
Monorail Stop

http://www.atsa.com.my/enews/nov-dec04-14.gif
LAND USE PLAN

Residential
Education
Hotel/Convention
Religious
Medical
Cultural
Retail

http://www.atsa.com.my/enews/nov-dec04-15.jpg
DEVELOPMENT PHASING PLAN
Our redevelopment masterplan proposes an incremental phasing strategy that maximizes elasticity and flexibility and allows for a logical and organic development of the site.

http://www.atsa.com.my/enews/nov-dec04-16.jpg
PROGRAM BREAKDOWN
Residential Development: The residential component of our scheme occupies the northern end of the site and employs three primary housing typologies: The Ribbon, The Tower, and The Courtyard.

http://www.atsa.com.my/enews/nov-dec04-17a.gif

http://www.atsa.com.my/enews/nov-dec04-17c.gif

http://www.atsa.com.my/enews/nov-dec04-17b.gif
RESIDENTIAL UNITS
1- RESIDENTIAL RIBBON
4 Levels / 5,900 sm per level / 130 units / 185 sm avg.
2- RESIDENTIAL RIBBON
5 Levels / 9,900 sm per level / 275 units / 185 sm avg.
3- RESIDENTIAL TOWER
35 Levels / 8 units per level / 280 units / 185 sm avg.
4- INTEGRATED COMMERCIAL COMPONENT
590 Gross sm at ground level

http://www.atsa.com.my/enews/nov-dec04-18a.gif

http://www.atsa.com.my/enews/nov-dec04-18b.gif
RESIDENTIAL UNITS
1- RESIDENTIAL RIBBON
4 Levels / 17,200 sm per level / 365 units / 185 sm avg.
2- RESIDENTIAL RIBBON
5 Levels / 16,000 sm per level / 435 units / 185 sm avg.
3- RESIDENTIAL TOWER
35 Levels / 8 units per level / 280 units / 185 sm avg.
4- INTEGRATED COMMERCIAL COMPONENT
590 Gross sm at ground level.

http://www.atsa.com.my/enews/nov-dec04-19a.gif

http://www.atsa.com.my/enews/nov-dec04-19b.gif
RESIDENTIAL UNITS
1- RESIDENTIAL RIBBON
6 Levels / 12,460 sm per level / 414 units / 185 sm avg.
2- RESIDENTIAL RIBBON
5 Levels / 3,800 sm per level / 105 units / 185 sm avg.
3- RESIDENTIAL TOWER
35 Levels / 8 units per level / 280 units / 185 sm avg.
4- INTEGRATED COMMERCIAL COMPONENT
590 Gross sm at ground level.
5- RESIDENTIAL RIBBON
2 Levels / 16,000 sm per level / 435 units / 185 sm avg.

http://www.atsa.com.my/enews/nov-dec04-20a.gif

http://www.atsa.com.my/enews/nov-dec04-20b.jpg
RESIDENTIAL UNITS
1- COURTYARD RESIDENTIAL
3 Levels / 12 units each / 153 units / 280 sm avg.

http://www.atsa.com.my/enews/nov-dec04-21a.jpg

http://www.atsa.com.my/enews/nov-dec04-21b.gif
COMMERCIAL / CULTURAL
1- SHOPPING MALL 5- MOSQUE
3-5 Levels / 130,000 sm net area. 1,400 sm on periphery of park.
2- SHOPPING MALL 6- MEDICAL SPACE
2-4 Levels / 110, 000 sm net area. 9,290 sm at edge of commercial.
3- OFFICE PLAZA 7- POWER PLANT
Public plaza and connector. Below planted roof near porr exchange.
4- LANDSCAPED ROOF 8- COMMERCIAL/OFFICE SPACE
Extension of public park space. 2 Levels / 8,000 sm total area.

http://www.atsa.com.my/enews/nov-dec04-22a.gif

http://www.atsa.com.my/enews/nov-dec04-22b.gif
CULTURAL / CONVENTION
1- 600-SEAT PHILHARONIC HALL IN THE PARK
5,600 sm gross area.
2- 2000 SEAT PLENARY CONVENTION CENTER
2 Levels 37,200 sm total gross area.
3- LANDSCAPED ROOF PLANE

http://www.atsa.com.my/enews/nov-dec04-23a.gif

http://www.atsa.com.my/enews/nov-dec04-23b.gif
COMMERCIAL / HOTEL
1- BOUTIQUE / ICONIC RESTAURANT AND HOTEL
30 Hotel rooms.
2- CABINS, COMPONENT OF BOUTIQUE HOTEL
72 Room cabins / 14 cabin rooms total.
3- HOTEL
1000 Rooms.
4- HOTEL
1000 Rooms connected to convention.

http://www.atsa.com.my/enews/nov-dec04-24a.gif

http://www.atsa.com.my/enews/nov-dec04-24b.jpg
OFFICE
1- LANDSCAPED INTERMEDIATE OFFICE PLAZA
2- OFFICE BUILDING
40 Levels / 1,580 sm avg Floor area.
3- OFFICE BUILDING
44 Levels / 1,580 sm avg Floor area.
4- OFFICE BUILDING
35 Levels / 1,580 sm avg Floor area.

http://www.atsa.com.my/enews/nov-dec04-25a.gif

http://www.atsa.com.my/enews/nov-dec04-25b.jpg
EDUCATION
1- GOVERNMENT PRIMARY AND SECONDARY SCHOOLS
17,200 sm gross area / 7-acre land area.
2- INDOORS SPORTS HALL
1,400 sm.
3- EXTERIOR PLAYING FIELD
Regulation size soccer field.

http://www.atsa.com.my/enews/nov-dec04-26.gif
MEDIUM-DENSITY ALTERNATE SCHEME

http://www.atsa.com.my/enews/nov-dec04-27.gif
HIGH-DENSITY ALTERNATE SCHEME

http://www.atsa.com.my/enews/nov-dec04-28.jpg
Aerial Perspective Looking Southwest

http://www.atsa.com.my/enews/nov-dec04-29.gif
Aerial Perspective Looking Northeast

http://www.atsa.com.my/enews/nov-dec04-30.gif
Section Looking South

http://www.atsa.com.my/enews_nov-dec04.htm
http://www.morphosis.net

[patchay]

CRAZY, AMBITIOUS PENANG DEVELOPMENT

6. ASYMPTOTE / PAKATAN REKA ARKITEK Penang Turf Club Redevelopment Plan




http://img272.imageshack.us/img272/9885/untitled12rc.jpg

http://www.asymptote-architecture.com/

[patchay]

MUTIARA COMPLEX PENANG by ASYMPTOTE HANI RASHID - one of the bids for the Redevelopment of Penang Turf Club

http://img514.imageshack.us/img514/876/mutiaracomplexpenangprong8.jpg

[Arkdriver]

who won this design competition? I can say that this is so far the best designed/planning for a new township in Malaysia. The last thing that excites me was Vivo City in Singapore.

[great184]

Thats a pretty big condo boom going there, lovely projects too.

[TYW]

PENANG TIMES SQUARE and EAST WEST TOWER & MALL

http://img31.picoodle.com/img/img31/8/6/24/f_527m_c07dba6.jpg

http://img02.picoodle.com/img/img02/7/1/22/f_compnewAli_9ad6m_6e4a3b6.jpg

http://i4.photobucket.com/albums/y139/protoeden2/holdingsDK.jpg

http://i4.photobucket.com/albums/y150/forever_consern/DSC00427.jpg
http://i4.photobucket.com/albums/y150/forever_consern/DSC00426.jpg

Penang Times Square and East West Tower and Mall are different projects!!

This is Penang Times Square while East West Tower and Mall is not going to be built

[TYW]

Penang International Equestrian Centre

http://www.thestar.com.my/archives/2006/6/15/north/turf.jpg

ULTRA MODERN:An artist's impression of the new
Penang International Equestrian Centre at Batu Kawan.

The new turf club (Penang International Equestrian Centre) will be in Batu Kawan in the mainland and will look like this:

http://img127.exs.cx/img127/7566/kawan6kk.jpg

http://img153.imageshack.us/img153/9305/yippee2gw6.jpg

the site

http://img374.imageshack.us/img374/84/penangturfclub19bp.jpg

this is not the site of the new Equestrian Centre but the redevelopment posted above.

the new Equestrian Centre will be in Batu Kawan on the mainland;)

[nazrey]

Well...Now I get it all..Thanx!

[TYW]

who won this design competition? I can say that this is so far the best designed/planning for a new township in Malaysia. The last thing that excites me was Vivo City in Singapore.

the OMA & Chee Ang Architect team won the competition. but this is not announced in the media. so what you guys are seeing right now is top secret ha ha... (actually the news about the redevelopment is already there since 2004)

those interested about the project look here: http://www.skyscrapercity.com/showthread.php?t=250384

[khoojyh]

any update for PTC?

[nazrey]

Butterworth
VistaBay

http://www.myvistabay.com/3553/30788.jpg

Current stage

http://www.myvistabay.com/6261/12318.jpg

[nazrey]

The Mayfair

http://img504.imageshack.us/img504/8540/51010701420f2b4cb0aozg1.jpg

[Adam Tan]

Platino
http://www.ijmproperties.com/global/php-bin/include/gd/gd.php?gd=2&src=http://webadmin.ijmproperties.com/img/project/247.jpg&maxw=500

[nazrey]

New launching!
KELAWEI VIEW

Kelawei View is a new luxury condominium project development located in prime Georgetown, the heartbeat of the city, close to the popular gurney drive and easily accessible to modern conveniences. Residents enjoys utmost privacy and low living density with a spacious built up area of approximately 4,303 - 6, 423square feet. Each unit offers a beautiful city twinkling lights with unending sea breezes and superb sunset view.

http://img34.picoodle.com/img/img34/8/6/24/f_523m_130025e.jpg

http://i4.photobucket.com/albums/y150/forever_consern/DSC00428.jpg

[Lestatlenoir]

AWESOME!!!

[nazrey]

Springtide residencess

http://www.success88.com/images/thumbnail/small/springtide.jpg

SPRINGTIDE RESIDENCES and the cove

http://i47.photobucket.com/albums/f157/adam_king/PICT3108.jpg

by cooltemper

http://img514.imageshack.us/img514/6919/886474592b3dafb1ba2oto3.jpg

[nazrey]

The Cove
Tanjung Bunga, Penang. Malaysia.

The Cove is a new luxury beach front condominium with full facilities including a swimming pool, sauna and gym. Also provided 2 covered car park bays for every unit of condominium. The Cove Condominium is located at Jalan Tanjung Bungah which is a suburb of the middle upper class residential area that perfectly matched your status. The immediate neighborhood are the Dalat International school, Crown Prince Hotel, Copthorne Orchid Hotel and Sandy Bay Paradise Hotel.

http://www.penang-property.com/apartment/the_cove/cove1.jpg

by cooltemper

http://img381.imageshack.us/img381/8035/dscn3272ex6.jpg



by mic_hong

http://www.pbase.com/mic_hong/image/74905735.jpg

[nazrey]

Suntech

http://www.nst.com.my/Weekly/PropertyTimes/News/Phasedin/20051206151840/Article/Images/Phased/suntecB.jpg

by Adam Tan

http://i47.photobucket.com/albums/f157/adam_king/Suntech.jpg

by forever consern

http://farm2.static.flickr.com/1183/939170656_bde2a01aa9_m.jpg http://farm2.static.flickr.com/1243/938317403_5097f65dc9_m.jpg

http://farm2.static.flickr.com/1359/938317439_daafe8132c_m.jpg http://farm2.static.flickr.com/1025/939121628_8530525247_m.jpg

[TYW]

The Turf Club Redevelopment is now officially known as Penang Global City Centre (PGCC)

Abad Naluri to undertake RM20b property project
By Marina Emmanuel
marina@nstp.com.my

http://www.btimes.com.my/Current_News/BT/Wednesday/Frontpage/pgcc.xml/Article/Current_News/BT/Images/btgraph2/abad.jpg

August 1 2007

ABAD Naluri Sdn Bhd, an associate of Equine Capital Bhd, plans to build some RM20 billion worth of properties over 15 years to redevelop the Penang Turf Club site in George Town.

The Penang Global City Centre (PGCC) will be marketed as one of the world's first zero-carbon cities where pollution will be kept to a minimum.

It will also offer tax breaks to technology firms which wish to set up shop there as PGCC will have Multimedia Super Corridor status, Equine executive chairman Datuk Patrick Lim said yesterday.

"This new city centre for Penang will incorporate many technology and ecology-based components and will be modelled along the lines of the Kuala Lumpur City Centre," he told reporters at a briefing.

He was present at the launch of the Penang package of the Northern Corridor Economic Region (NCER) by Prime Minister Datuk Seri Abdullah Ahmad Badawi in Butterworth, Penang.

The PGCC, on a 104ha site, will be developed by Abad Naluri, 25 per cent owned by Equine.

Lim said the groundbreaking ceremony will take place in eight to 12 months, and the project will be carried out in phases. The PGCC is one of five high-impact projects for Penang under the NCER. :banana:

The others are the Penang airport and port expansion, an integrated public transport system and a micro-electronics centre of excellence to be based at Universiti Sains Malaysia.

"We expect to announce full details of the PGCC by September," :cheers: Lim said, adding that award-winning French firm Atelier Seraji will develop the master plan, while New York-based Iranian architect Hani Rashid will work with local architects.

The eco-city development is expected to include a 10.4ha public park, which will be linked to the Penang Botanical Gardens.

There will also be two five-star hotels, a performing arts centre, retail outlets, two office towers, residential properties and a world-class convention centre.

"We want this project to serve as an extension and deepening of Penang's role as a centre for information technology-based companies, and PGCC will serve as a lifestyle project where people not only live but also do business, albeit in a creative manner," Lim said.

Once the eco-city is completed, an estimated 20,000 people will be working there.

Abad Naluri has several financing options for the project. It may get partners or raise funds from the capital market, including a bond sale.

"We are talking to a whole spectrum of financiers although our preference would be to deal with local financial institutions," Lim said.

On the new Penang International Equestrian Centre in Batu Kawan, which Abad Naluri is also developing, Lim said construction works will be in tandem with the Second Penang Bridge since the centre, which will also house the Penang Turf Club, about 1km away from the new bridge.

15 years to complete RM18b Penang City Centre

By DAVID TAN

BUTTERWORTH: The RM18bil Penang City Centre (PCC) project by Abad Naluri Sdn Bhd, an associate company of Equine Capital Bhd, will take 15 years to complete.

Equine holds a 25% stake in Abad Naluri, which is developing PCC on the 260-acre site where the Penang Turf Club is presently located.

The PCC is one of the projects highlighted in the Northern Corridor Economic Region (NCER) blueprint.

Equine executive chairman Datuk Patrick Lim said two award-winning architects, one each from New York and Paris, would design the project.

“Hani Rashid from Asymptote Architecture in New York will design the architecture, which includes two iconic towers, while Nasrine Seraji from Atelier Seraji in Paris will design the master plan,” he told reporters after the launch of the NCER Penang portion blueprint by Prime Minister Datuk Seri Abdullah Ahmad Badawi yesterday.

Lim said the PCC master plan would be unveiled in September while the project would be launched in eight to 12 months.

The first phase would involve the development of a 26-acre park, and road infrastructure to smoothen the traffic flow for the project, he said.

“The park will be connected to the Botanical Garden. We will use the technologies such as thermal treatment, to develop PCC into a carbon-free city,” he said.

“We want to make PCC the first such city in the world. Shanghai is planning to be carbon free, but we are ready to implement the technologies to make it happen in PCC soon.”

Lim said the PCC project would have two five-star hotels, commercial and residential properties, and a state-of-the-art cultural centre.

Lim said there were many options to fund the project, including joint ventures and issuing capital bonds.

“We are also applying for MSC status to attract information and communications technology companies to set up regional offices at the park.”

On the Penang International Equestrian Centre in Batu Kawan, Lim said Abad Naluri would start work on the centre once construction work commenced on the second Penang bridge.

http://www.sinchew-i.com/images/photo/2007/08/01/0041b.jpg

http://www.skyscrapercity.com/showthread.php?t=505570

[TYW]

... and the redevelopment of the Butterworth Ferry Terminal is now Penang Sentral

MRCB will start work right away on RM2b hub

August 1 2007

http://www.thestar.com.my/archives/2007/8/1/nation/n_04badawi.jpg

http://www.nst.com.my/Wednesday/Frontpage/20070801074105/insidepix1

http://www.utusan.com.my/pix/2007/0801/Utusan_Malaysia/Muka_Hadapan/mh_01_big.jpg

WORK on the RM2 billion Penang Sentral project in mainland Penang will start immediately with the building of a temporary transport terminal in Butterworth.

The comprehensive transportation hub project is undertaken jointly by Malaysian Resources Corp Bhd (MRCB) and Pelaburan Hartanah Bumiputra Bhd.

The finished project will comprise an integrated terminal for rail, road and sea travel.

MRCB group managing director Shahril Ridza Ridzuan said yesterday that the building of the temporary transport terminal was to ensure that bus services are not disrupted when work on the transport and logistics hub begins in January next year.

"It will take us between 30 and 36 months to complete Penang Sentral, which will be similar to our KL Sentral project," he told reporters after the launch of the Penang package of the Northern Corridor Economic Region (NCER) by Prime Minister Datuk Seri Abdullah Ahmad Badawi in Butterworth.

The new transportation hub will be located on a 12.8ha site at the existing Butterworth train, bus and ferry terminal and will integrate KTM's rail services, road transport facilities and the ferry services operated by Penang Port.

It is one of several projects aimed at strengthening Penang's role as a logistics hub for the NCER.

Other projects include the upgrading of the Penang port and airport, construction of the Second Penang Bridge, a monorail system and the Penang Outer Ring Road.

Shahril said the hub will also have commercial, retail and residential developments although the nature of the residential properties to be developed will hinge on market demand.

"We have also set aside space at the new terminal site for an expansion upgrade, if the Government decides on a monorail project for mainland Penang," he added.

A bigger Penang role for MRCB

It will have total GDV of RM12bil in KL Sentral and Penang Sentral

By DAVID TAN

BUTTERWORTH: Malaysian Resources Corp Bhd (MRCB) is set for an expanded role in construction and property development in Penang following an award for it to develop a RM2bil transport hub in Butterworth.

MRCB and Pelaburan Hartanah Bumiputra Bhd would jointly develop the transport hub, Prime Minister Datuk Seri Abdullah Ahmad Badawi announced yesterday.

It was just in June that MRCB was awarded a contract by Pelaburan Hartanah to build houses and apartments with a combined gross development value (GDV) of RM500mil on three sites on Penang island.

Analysts anticipate that MRCB could secure additional projects in the state such as a role in the construction of the proposed monorail and Penang Outer Ring Road.

The analysts estimated that MRCB's Kuala Lumpur Sentral has a GDV of close to RM10bil, and with the RM2bil transport hub in Butterworth, now called Penang Sentral, that would expand the combined GDV to RM12bil.

MRCB managing director Shahril Ridza Ridzuan told reporters yesterday that Penang Sentral was located on a 32-acre site at the existing Butterworth train, bus, and ferry terminals. The project is scheduled to start in January 2008.

He spoke after the launch of the Northern Corridor Economic Region (NCER) project in which Penang Sentral is one of the projects highlighted in the NCER blueprint.

“The main transportation terminal, to be modelled after the Kuala Lumpur Sentral, would be completed in 30 to 36 months.

“We will work with Penang Port Sdn Bhd (PPSB) to ensure that the transport terminal would integrate well with the ferry and train services.

“There will also be space allocated for the terminal to accommodate monorail services and facilities.

“It will be the main integrated transport terminal for Penang, combining rail, road, and sea services,” Shahril said.

He said on top of the transport terminal, commercial and residential properties would also developed on the 32-acre site.

“These properties would be launched in phases according to market demand.

“The entire project would be completed in 10 years,” he added.

Shahril said the RM2bil GDV of Penang Sentral is about one-fifth of KL Sentral's GDV.

MRCB and Pelaburan Hartanah would construct a temporary bus terminal at the site. “This temporary bus terminal would be completed in January,” he said.

Under the NCER blueprint, the Government plans to increase the cargo processed at PPSB to one million TEUs (20ft containers) in 2012 from 770,000 TEUs two years ago.

The Government would also re-evaluate incentives to make Penang the port of choice, in line with plans to make NCER the processing centre for agricultural produce coming from Thailand and Sumatra.

Conceptually, Penang Sentral would be similar to KL Sentral, which combines its central function as a transport hub with property projects around it.

Analysts expect that while commercial properties dominate the skyline at KL Sentral, residential properties would feature more visibly at Penang Sentral as demand is higher in that state for housing than for office buildings.

They were not surprised that MRCB won the Penang Sentral project as this was anticipated. Even so, the Government's announcement of the award yesterday substantiated the company's ability to secure projects in Penang.

The structure of the award for Butterworth transport hub is similar with that in KL Sentral. In the latter, the project was jointly undertaken by MRCB, with a stake of 74%, while Malayan Railway or KTMB held the balance of 26%.

The Butterworth transport hub would be jointly developed by Pelaburan Hartanah, which is understood to be a unit of the Finance Ministry.

The companies' respective stakes in this project are not as yet known.

http://www.sinchew-i.com/images/photo/2007/07/31/0357b.jpg

http://www.sinchew-i.com/images/photo/2007/07/31/0358b.jpg

http://www.sinchew-i.com/images/photo/2007/07/31/0359b.jpg

http://www.sinchew-i.com/images/photo/2007/07/31/0360b.jpg

http://www.skyscrapercity.com/showthread.php?t=505578

[nazrey]

SKY HOME

http://www.penang-property.com/apartment/skyhome/nightviews.jpg

http://www.penang-property.com/apartment/skyhome/skyhome.jpg

http://img183.imageshack.us/img183/9786/dscn3249yr9.jpg

by forever consern

http://farm2.static.flickr.com/1323/1018003174_be4f9c9dac.jpg?v=0

[nazrey]

The Spring

http://www.ijmproperties.com/global/php-bin/include/gd/gd.php?gd=2&src=http://webadmin.ijmproperties.com/img/project/289.jpg&maxw=500

http://i4.photobucket.com/albums/y150/forever_consern/DSC00480.jpg

http://i4.photobucket.com/albums/y150/forever_consern/DSC00479.jpg

by forever consern

http://farm2.static.flickr.com/1323/1017180847_c48e8eb661_m.jpg

http://farm2.static.flickr.com/1414/1017180867_f91a9922e5_m.jpg

http://farm2.static.flickr.com/1224/1017180835_cdc39c6f4d_m.jpg

[LordChaos80]

Interesting proposals. Some of them, especially Penang Times Square, look very similar to recent Chinese projects.

[nazrey]

Springtide residencess

http://www.success88.com/images/thumbnail/small/springtide.jpg

by forever consern

http://farm2.static.flickr.com/1089/1092345860_99174c43b4.jpg?v=0

http://farm2.static.flickr.com/1350/1092350316_72770c450f.jpg?v=0

[nazrey]

The Cove
Tanjung Bunga, Penang. Malaysia.

The Cove is a new luxury beach front condominium with full facilities including a swimming pool, sauna and gym. Also provided 2 covered car park bays for every unit of condominium. The Cove Condominium is located at Jalan Tanjung Bungah which is a suburb of the middle upper class residential area that perfectly matched your status. The immediate neighborhood are the Dalat International school, Crown Prince Hotel, Copthorne Orchid Hotel and Sandy Bay Paradise Hotel.

http://www.penang-property.com/apartment/the_cove/cove1.jpg

by forever consern

http://farm2.static.flickr.com/1026/1091326421_b70b6128fd.jpg?v=0

[nazrey]

SKY HOME

http://www.penang-property.com/apartment/skyhome/nightviews.jpg

http://www.penang-property.com/apartment/skyhome/skyhome.jpg

by forever consern

http://farm2.static.flickr.com/1073/1092152946_deaa670940.jpg?v=0

http://farm2.static.flickr.com/1131/1091365029_5b3ebab698.jpg?v=0

[nazrey]

SKYHOME


http://img35.picoodle.com/img/img35/9/8/25/f_011m_cf19ac9.jpg

[nazrey]

Alila Horizons by Hunza Property (http://www.alila.com.my/)

http://img31.picoodle.com/img/img31/9/8/25/f_013m_7c36e3e.jpg

http://img27.picoodle.com/img/img27/9/8/25/f_015m_70a51bc.jpg

http://img01.picoodle.com/img/img01/9/8/25/f_014m_9f9d30d.jpg

>>

http://img40.picoodle.com/img/img40/9/8/25/f_016m_b79ccbb.jpg

http://img40.picoodle.com/img/img40/9/8/25/f_017m_1badc35.jpg

[haze]

http://www.veritas.com.my/newsletter/Website%20Newsletter/august%202007/3.jpg

[patchay]

http://biz.thestar.com.my/archives/2007/9/12/business/leadpicpgccpg3i.JPG

PGCC will be iconic

PENANG: New York-based Asymptote Architecture, which is designing the RM25 billion Penang Global City Centre (PGCC) has promised that the structures will be iconic, modern and striking; combining Penang’s heritage and modern conceptual architecture. Asymptote founder and partner Hani Rashid, who described the buildings in the PGCC as “beautiful, poetic, sensitive and logical”, said they will put Penang at the forefront of world-class cities. “I can say that the buildings are so contemporary that they might become heritage in the future,” Rashid said in press conference yesterday.
“The thing that will immediately catch one’s attention when the PGCC is launched tomorrow is how the buildings will be sculptured against the hills of Penang,” he said. “If a city should want to move forward, it must take from
the past but drive it into the future,” Rashid said, adding that the challenge was to discover Penang’s urban footprint and then conceptualising it into a
modern structure.
“The buildings in the PGCC are attention grabbing and designed to inspire the people around them just as what the Eiffel Tower means to Parisians,” he said.
Rashid said a team comprising about 80 foreign and local experts would be roped in to develop the buildings. — By Jonathan Chen

Original news from here (http://www.ipsnews.net/news.asp?idnews=39227)

ENVIRONMENT-MALAYSIA: Mega City Project Robs Common Green
By Anil Netto

PENANG, Sep 12 (IPS) - Alarmed civil society groups are coming together to oppose a massive urban development project that could result in 33 tower blocks of over 40 storeys each being built on one of the last huge green spaces left on land-starved Penang island.

Prime Minister Abdullah Badawi is to launch the masterplan for the 25 billion ringgit (7 billion US dollar) Penang Global City Centre (PGCC) project on the 105-hectare plot of land, currently used by the Penang Turf Club, on Wednesday (TOMORROW). The club will move to a new racecourse, currently under construction in Batu Kawan on mainland Penang.

PGCC is being developed by Abad Naluri, a 25 percent-owned associate firm of Taman Equine, which in turn is wholly owned by developer Equine Capital. Equine's executive chairman is Patrick Lim, widely seen as one of the most influential businessmen in Malaysia.

Former premier Dr. Mahathir Mohamad , himself often accused of cronyism during his 22-year tenure at the helm, has reportedly referred to Lim as ''Patrick Badawi'', alluding to the perceived close ties between Abdullah and Lim.

''The project has been on the drawing board for four years but they have not consulted the public until the eleventh hour,'' says Mohd. Nizam Mashar, coordinator of Friends of the Earth, Malaysia (SAM). ''The saddest part is that this green space -- the only potential area that can be given to the people of Penang -- will now be largely destroyed.''

The PGGC developer has hired a new but well-connected local public relations firm, Fox Communication, whose key staff are former senior journalists from the English-language Malaysian mainstream press.

Fox Communication and the mainstream media have tried to counter the major sources of concern by highlighting the PGCC's green credentials. These include a "zero carbon" target and 40 ha allocation for recreational parks, including a 10-ha narrow kilometre-long ''Central Park''.

But they have not highlighted the 33 tower blocks. ''The destruction of the turf club environment and the construction of all those buildings is going to produce carbon emissions -- not cut carbon,'' contends academic Andrew Aeria, who grew up in Penang. ''If Equine are serious about zero carbon emissions or greening the earth, they would be better off turning the place into a park.''

To allay concerns over traffic congestion, the developer has also pointed to the building of a road underpass and a couple of flyovers to link up to the proposed Penang Outer Ring Road, itself a controversial project. The alignment of the ring road cuts through the site and there are also plans for a Penang monorail system.

But that has not convinced many. The roads bordering the Turf Club in Batu Gantung are heavily congested during peak hours. The two main parks nearby -- the Botanic Gardens and the Penang Youth Park at the foothills of Penang Hill -- are often overflowing with people and a much larger new park would have been welcome.

In fact, the PGCC has a stupendous proposed built-up area of 2.5 million sq m and will include 7,000 upmarket homes as well as hotels, commercial areas, a performing arts centre and ''two iconic towers''.

But it obviously caters only to the well-heeled. Even the project's master planner, Teheran-born Nasrine Seraji, expressed disquiet. ''The developer only wants luxury housing. We say you can’t just have luxury housing because then it becomes a gated community,'' she said in an interview with Canada.com last November. ''You need to also have social housing. These are the negotiations that take place in order to allow integration of different income levels of society.''

She added that the developer had originally wanted a density that would have been twice that of Hong Kong, but she persuaded him otherwise.

Under existing official quota requirements for developers, the PGCC developer would be required to build a couple of thousand lower-cost apartments. But the word is that these lower-cost flats would probably be located outside the project area.

The move to rezone the existing Penang Turf Club land from 'open space' to 'mixed development' was initiated in November 2002. Last year, residents of the quiet upper-class residential area in neighbouring Jesselton registered their objections to the rezoning.

In November 2002 as well, Penang Turf Club members were persuaded to vote in favour of a new racecourse on the mainland.

As part of the quid-pro-quo of the PGCC deal, Equine will build a 375 million ringgit euphemistically named ''Penang International Equestrian Centre'' on the mainland in Batu Kawan -- even though the horse racing industry faces an uncertain future. A racecourse on the mainland would draw gamblers to a site that is just a few dozen km south of the Kepala Batas parliamentary constituency of Prime Minister Abdullah.

Earthworks on the new racecourse began in late 2005 after the government announced it was going ahead with plans to build South-east Asia's longest bridge, a 3 billion ringgit (800 million dollar) 24-km link between Batu Kawan and Penang Island.

Equine has another major project, Crescentia Park, which would turn 180 ha of land in Batu Kawan into Penang's third satellite town at a gross development value of over 800 million ringgit (230 million dollars).

Both Crescentia and the new race course are located close to the site of the proposed bridge, turning Equine's land bank on the mainland into a gold mine.

It is not clear how the PGCC developer actually paid for the Turf Club land on the island. One report said that Abad Naluri had bought the land for 488 million ringgit (140 million US dollars) in 2002. The Penang Turf Club, established in 1864, acquired the land in 1935.

According to another report, the Turf Club land would only be transferred to the PGCC developers once the Batu Kawan racecourse is completed in 2009.

Whoever owns the Turf Club land on the island stands to profit handsomely from a leap in land valuation if the rezoning to ''mixed development'' is confirmed. In rezoning the land, ''the state has enabled some land speculators to make literally billions of ringgit of profit,'' when it could have acquired the land for the benefit of the people of Penang, lamented heritage conservation activist, Ahmad Chik.

[nazrey]

HILLCREST RESIDENCES
HILLCREST RESIDENCES, at Bukit Jambul
by Adam Tan

http://i47.photobucket.com/albums/f157/adam_king/PICT5227.jpg

construction progress
by forever consern

http://i4.photobucket.com/albums/y150/forever_consern/DSC00348.jpg

http://i4.photobucket.com/albums/y150/forever_consern/DSC00352-1.jpg

[nazrey]

New project
The One

http://i47.photobucket.com/albums/f157/adam_king/PICT5233.jpg

http://i47.photobucket.com/albums/f157/adam_king/PICT5232.jpg

http://i47.photobucket.com/albums/f157/adam_king/PICT5231.jpg

[nazrey]

Suntech

http://www.nst.com.my/Weekly/PropertyTimes/News/Phasedin/20051206151840/Article/Images/Phased/suntecB.jpg

http://img03.picoodle.com/img/img03/9/9/22/f_suntech3m_bceb3ea.jpg

http://img29.picoodle.com/img/img29/9/9/22/f_suntech2m_100c051.jpg

http://img38.picoodle.com/img/img38/9/9/22/f_suntechm_e8a6b34.jpg

[nazrey]

Springtide residencess

http://www.success88.com/images/thumbnail/small/springtide.jpg

Update

http://img32.picoodle.com/img/img32/9/9/22/f_springtidem_f7b03de.jpg

http://img26.picoodle.com/img/img26/9/9/22/f_springtide2m_1643002.jpg

http://img34.picoodle.com/img/img34/9/9/22/f_springtide1m_c4ee146.jpg

[nazrey]

Bayswater Resort Condominium
Bayswater Resort Condominium which is located within the emerging metropolitan enclave of MetroEast-Udini, Bayswater is mere minutes away from the Jelutong Expressway; a scenic coastal road leading to Georgetown and the Penang Bridge.At 26 stories, the twin towers of Bayswater rise above the surrounding cityscape to embrace spectacular views of the sea, Georgetown or Penang Bridge. With only 396 units available, you will be part of an exclusive community.


http://www.bayswater.com.my/tiff/comm_pix.jpg

Update
From Penang properties blogspot

http://img30.picoodle.com/img/img30/9/9/22/f_bayswaterm_4868a51.jpg

http://img31.picoodle.com/img/img31/9/9/22/f_bayswater1m_a827f69.jpg

[nazrey]

IXORA HEIGHTS

PDC Properties Sdn Bhd is continuing its proven track record of delivering premium quality homes with two new projects - Ixora Heights in Taman Lipsin, Sungai Nibong and Dedaun in Bandar Cassia, Batu Kawan. The 21 storey Ixora Heights is a low density apartment block with innovative condominium architecture. There are four different designs to choose from with all the 148 apartments being corner units. Privacy is assured while all car park lots are covered.
Strategically located in a fast expanding district and near to burgeoning townships of Bukit Jambul and Bayan Baru, the property is definitely great value for money with prices starting from RM188,000 per unit. Safety is a priority here with round the clock security and entry is via an electronic card access system. Other recreational facilities are a children's playground, reflexology track, barbeque pit, car washing bay, multi-purpose hall, gym room, recreation and function rooms, Astro and internet ready facilities.

http://img39.picoodle.com/img/img39/9/9/22/f_ixora2Bheigm_6091382.jpg

[nazrey]

VISTA GAMBIER

A resort style condominium home set amidst lush greenery with a breathtaking seaview is coming up in Bukit Gambier Penang. This project is none other than Vista Gambier, the maiden development of developer Lereng Wira Sdn Bhd. Vista Gambier is a low density 22 storey condominium block comprising 144 units of spacious living for the whole family. Every floor has only eight units with the corner lots having a gross floor area of 1,505 sq ft. Selling at RM268,800 onwards, the units occupy 18 storeys of the building while the first three floors are for podium car parks and the fourth floor houses the swimming pool. All the condominiums accord a beautiful view of the sea, the Penang Bridge and the scenic hillview. One could catch the sunrise and sunset from the privacy and comfort of the balconies. Surrounded by landscaped gardens, the condominiums are equipped with facilities like gymnasium, children's playground, multipurpose hall and a barbeque area.

The units come with Telecom Centrex System and broadband ready. Residents can have peace of mind knowing that round the clock security and CCTV services would ensure a safer environment. Earthworks have commenced and targetted date for completion is June 2009. Good news for early birds. The first 80 purchasers will be allocated two parking lots. Residents will also enjoy a low maintenance fees of RM160 a month. Tagged "the grandeur of luxurious living with a prestigious address", the location speaks for itself. Vista Gambier's location is very centralized, near George Town and Penang International Airport. Supported by good traffic dispersal network (Jelutong Expressway and the coastal expressway), the project is located near schools, University Sains Malaysia and shopping complexes such as Tesco.

http://img32.picoodle.com/img/img32/9/9/22/f_vista2Bgambm_a66c855.jpg

[nazrey]

The Spring

http://www.ijmproperties.com/global/php-bin/include/gd/gd.php?gd=2&src=http://webadmin.ijmproperties.com/img/project/289.jpg&maxw=500

The Spring is located along the Jelutong Expressway that gives a panoramic view of the Penang Bridge. All the The Spring units on the two 23-storey blocks are sea-facing. The concept of the project is modern contemporary and emphasizing on its Tropical Garden features. The Spring's layout is specially designed with units over looking the spectacular sea view. Here you will discover the peace and calmness that is so conducive to quality living. Escape daily to a healthy indulgence by working out in a refreshing atmosphere either at The Spring's Tai Chi & Exercise Corner, indoor or outdoor gymnasium and other facilities. The setting on The Spring is built with an ideal home in mind. Enclosed lift lobby with CCTV and proximity card access system ensures maximum safety.

http://img36.picoodle.com/img/img36/9/9/22/f_DSC00180m_e66ab67.jpg

http://img40.picoodle.com/img/img40/9/9/22/f_the2Bspringm_6d93f93.jpg

[nazrey]

New Project
PLATINO

http://img38.picoodle.com/img/img38/9/9/22/f_platino1m_2c588e8.jpg

IJM Properties Sdn Bhd will launch at the end of this month its RM190mil Platino luxurious condominium project for its Metro-East scheme in Jalan Udini. Its sales and property manager Patsy Lee said the units of the Platino project, located next to the Penang Bridge in the south-west district, range between 1,819sq ft to 6,400sq ft and are priced between RM600,000 and RM2mil.

“The normal units, with built-up areas of between 1,819sq ft and 2,659sq ft, are sold from RM600,000 onwards, while the penthouses, with built-up areas of 6,400sq ft, are priced from RM2mil and above. “The units offer magnificent views of the island, which includes those of the Penang Bridge, George Town and the surrounding hills. The project comes with a resort recreational facilities,” she said.

She said the special feature of Platino was the ‘four-season’ garden, which was landscaped with a variety of plants reflecting the four seasons. Lee added that construction work for the Platino project had started and was scheduled for completion in three years. The Metro-East mixed-development scheme, located on a 30 acre site, is about 60% completed.

“Next year, IJM plans to launch the final phase of Metro-East, comprising two blocks of residential and commercial properties, scheduled for completion in three years,” said Lee. She also said IJM was currently completing a 16-storey office block with 135,000sq ft of office space for Metro-East. “This project is scheduled for completion in early next year,” she added.

IJM Properties is among about 100 exhibitors taking up more than 200 booths that showcase property, home financing packages and home-related products at the Star Property & Home Fair 2007 which starts on Friday. The fair at the Penang International Sports Arena (PISA) is open from 11am to 9pm. Admission is free. Log on to www.star-space.com for more details.

[nazrey]

New Project
INFINITY

http://img34.picoodle.com/img/img34/9/9/22/f_infinity2m_8b6cba9.jpg

http://img30.picoodle.com/img/img30/9/9/22/f_infinity1m_55c50d7.jpg

[Irwin]

Penang's property is booming...

[nazrey]

The Cove
Tanjung Bunga, Penang. Malaysia.

The Cove is a new luxury beach front condominium with full facilities including a swimming pool, sauna and gym. Also provided 2 covered car park bays for every unit of condominium. The Cove Condominium is located at Jalan Tanjung Bungah which is a suburb of the middle upper class residential area that perfectly matched your status. The immediate neighborhood are the Dalat International school, Crown Prince Hotel, Copthorne Orchid Hotel and Sandy Bay Paradise Hotel.

http://www.penang-property.com/apartment/the_cove/cove1.jpg

[/IMG]

by farangi

http://digilander.libero.it/fotomalaysia/IMG_6837.jpg

[nazrey]

CRAZY, AMBITIOUS PENANG DEVELOPMENT

6. ASYMPTOTE's Penang Turf Club Redevelopment Plan

PGCC (http://www.worldarchitecturenews.com/index.php?fuseaction=wanappln.projectview&upload_id=1422)

http://www.worldarchitecturenews.com/news_images/1422_1_1000%20Asymptote%20PGCC%201.jpg

http://www.worldarchitecturenews.com/news_images/1422_2_1000%20Asymptote%20PGCC%202.jpg

http://www.worldarchitecturenews.com/news_images/1422_3_1000%20Asymptote%20PGCC%203.jpg

http://www.worldarchitecturenews.com/news_images/1422_4_1000%20Asymptote%20PGCC%204.jpg

http://www.worldarchitecturenews.com/news_images/1422_6_1000%20Asymptote%20PGCC%206.jpg

http://www.worldarchitecturenews.com/news_images/1422_5_1000%20Asymptote%20PGCC%205.jpg

[Almopos]

^^

Wow amazing project. Can't wait to see it finished.

[Insane alex]

Wow! Is that a monorail coming in to the building?

[jlshyang]

Wow! Is that a monorail coming in to the building?

Yep, it is. The construction of the monorail will start as soon as they can finalise on the routes.

[Insane alex]

^Awesome!

[nazrey]

C.E.O

http://idealhomes.cc/the-ceo/images/home_06.jpg
http://idealhomes.cc/the-ceo/images/home_09.jpg

Dubbed as the first smart office in Penang, the C.E.O offers a unique experience of a new working and modern living environment under one roof.

Poised to be a prestigious address in Bukit Jambul in the southwest district of Penang island, the C.E.O is designed based on the Small Office Home Office (SOHO) concept for start up businesses or small investors. A first-class investment opportunity, the C.E.O is well position to achieve Multimedia Super Corridor (MSC) status.

http://idealhomes.cc/the-ceo/images/designconcept_07.jpg
http://idealhomes.cc/the-ceo/images/designconcept_10.jpg

http://idealhomes.cc/the-ceo/images/sorrounding2_01.jpghttp://idealhomes.cc/the-ceo/images/sorrounding2_02.jpg
http://idealhomes.cc/the-ceo/images/sorrounding2_03.jpghttp://idealhomes.cc/the-ceo/images/sorrounding2_04.jpg

http://idealhomes.cc/the-ceo/images/gallery5_06.jpghttp://idealhomes.cc/the-ceo/images/gallery5_07.jpg
http://idealhomes.cc/the-ceo/images/gallery5_28.jpghttp://idealhomes.cc/the-ceo/images/gallery5_29.jpg

The site > Bukit Jambul

http://www.davidandscott.com/Panang2002%20view%20from%20hotel%20006%20(2).jpg

http://www.pbase.com/ericcyn/image/41569486.jpg

by Choo Tse Chien

http://www.pbase.com/image/26187131.jpg

The Ceo, Bukit Gambier, Penang

http://idealhomes.cc/images/projects/projects/projectprogress/the-ceo-picture-progress_03.jpg http://idealhomes.cc/images/projects/projects/projectprogress/augustceo2.jpg

http://idealhomes.cc/Images/projects/projects/projectprogress/octceo1.jpg http://idealhomes.cc/Images/projects/projects/projectprogress/octceo2.jpg

Construction of beam&slab in progress at Level 2.

[nazrey]

The Palazzia & Ideal Regency , Bukit Gambier, Penang

http://idealhomes.cc/images/downloads/wallpaper%20ideal/1024/palazzia1.jpg

http://idealhomes.cc/images/downloads/wallpaper%20ideal/1024/palazzia2%20.jpg

http://idealhomes.cc/images/downloads/wallpaper%20ideal/1024/palazzia3%20.jpg

http://idealhomes.cc/images/downloads/wallpaper%20ideal/1024/regency3%20.jpg

http://idealhomes.cc/images/projects/projects/i-palazzia.jpg http://idealhomes.cc/images/projects/projects/ideal-regency.jpg
http://idealhomes.cc/images/palazzia-link.jpg

http://idealhomes.cc/images/projects/projects/projectprogress/palazziaregency-pic-prog_07.jpg http://idealhomes.cc/images/projects/projects/projectprogress/palazziaregency-pic-prog_03.jpg

http://idealhomes.cc/Images/projects/projects/projectprogress/regency10a.jpg http://idealhomes.cc/images/projects/projects/projectprogress/regency09b.jpg

Construction in progress at L3 Left front site view for Commercial.

[nazrey]

Waterfront City project
Monday October 22, 2007
By DAVID TAN
TheStar


The IJM Group is unveiling its RM4bil Waterfront City, a seafront luxurious mixed development next to the Penang Bridge next month.

The developer, Jelutong Development Sdn Bhd (JDSB) is a subsidiary of IJM Properties Sdn Bhd, which owns an 80% stake in the company.

IJM Properties managing director Teh Kean Ming told StarBiz that the 152-acre project at the Jelutong Expressway comprised three components:

- Over 1,000 units of luxurious low-rise, high-rise, and landed residential on 42 acres;

- Mixed development scheme, comprising about 80% commercial properties such as hotels, corporate offices, food and beverage outlets and, retail shops and 20% residential high-rise properties and

- A seven-acre park fronting the sea.

Teh said the residential component of Waterfront City would be a gated community, comprising strata-titled properties.

“There will be waterways constructed to surround the properties, fronting the sea. This is one of the unique features of the project,” he said, adding that the other special feature was a six km sea-fronting promenade with a 10m width, stretching from the Penang Bridge to Sungai Pinang in George Town, where the Jelutong Expressway ends. There will also be a 2km green belt, with a 20m-25m width, to separate Waterfront City from the Jelutong Expressway.

The Waterfront City project would be launched after the Chinese New Year next year.

He said the properties, targeted at the regional market would be launched in phases over a 10-15 year period. JDSB’s RM1.2bil Bandar Sri Pinang project, also along the Jelutong Expressway, was 85% completed.

“We will also be launching the Nautilus Bay landed residential scheme and The Spring condominiums for the Bandar Sri Pinang project next month. The Nautilus Bay, comprising 78 three-storey terraced houses, has been completed and will be launched for sale soon.”

“We plan to launch next year the Summer Place, the final residential phase of Bandar Sri Pinang comprising 531 units of condominiums,” he said, adding that the RM680mil Metro-East mixed developments, also along the Jelutong Expressway, was about 60% completed.

“We still have two more key residential and commercial projects to launch for Metro-East,” he added.

[nazrey]

Penang 'Queens City' draws good response
By Marina Emmanuel
October 23 2007
BusinessTimes


The 6.4ha 'Queens City' township carries a gross development value of RM1 billion and will offer a waterfront promenade and view of the Penang Bridge

AN INTEGRATED and self-contained township called "Queens City" on the southwest end of Penang island has attracted interests from Malaysian and foreign buyers.

The 6.4ha waterfront development to be undertaken by Kuala Lumpur-based CP Group is to offer retail and food and beverage outlets, fully-furnished serviced residents, office suites and a five-star hotel, its developers say.

It carries a gross development value of RM1 billion and will offer a waterfront promenade and view of the Penang Bridge.

"We are currently in talks several international hotel chains on managing the water-fronting hotel, " CP Land Sdn Bhd chief executive officer Tony Lim told Business Times.

The CP Group, which owns and manages the Eastin Hotel in Kuala Lumpur, is investing in excess of RM100 million for a business-class hotel (also under the Eastin brand) at "Queensbay" which is slated for completion by the end of 2008.

The "Queens City" project forms part of the 30ha "Queensbay" masterplan development.

Lim said the five-star hotel will boost among others a 2,000 person capacity ballroom and the "Queen City" project is expected to commence next year and is slated for completion by 2012.

"The four blocks of office suites are planned to cater for Multimedia Super Corridor-status firms," he added, "and we are currently building a back-up 33kv power substation which will be ready in two years to meet the needs of the MSC-status companies which will be operating from Queensbay".

Meanwhile, Lim also said the CP Group is exploring the Vietnam property market currently.

"Nothing is firmed up as yet, but we are looking into an integrated property project in Hanoi," he added.

[Maxxclip]

PGCC (http://www.worldarchitecturenews.com/index.php?fuseaction=wanappln.projectview&upload_id=1422)

http://www.worldarchitecturenews.com/news_images/1422_1_1000%20Asymptote%20PGCC%201.jpg

http://www.worldarchitecturenews.com/news_images/1422_2_1000%20Asymptote%20PGCC%202.jpg

http://www.worldarchitecturenews.com/news_images/1422_3_1000%20Asymptote%20PGCC%203.jpg




:)Stunning!

[nazrey]

The Spring

http://www.ijmproperties.com/global/php-bin/include/gd/gd.php?gd=2&src=http://webadmin.ijmproperties.com/img/project/289.jpg&maxw=500

Update :
by forever consern

http://i4.photobucket.com/albums/y150/forever_consern/DSC00493.jpg

[_zner_]

wow! Penang has a lot of wild upcoming projects! im so stunned! :eek2:

[jlshyang]

omg! Penang's landscape will change forever in 5-10 years' time.

[SilesianSkyscraper]

Beautiful!

[nazrey]

Waterfront City project
Monday October 22, 2007
By DAVID TAN
TheStar


The IJM Group is unveiling its RM4bil Waterfront City, a seafront luxurious mixed development next to the Penang Bridge next month.

The developer, Jelutong Development Sdn Bhd (JDSB) is a subsidiary of IJM Properties Sdn Bhd, which owns an 80% stake in the company.

IJM Properties managing director Teh Kean Ming told StarBiz that the 152-acre project at the Jelutong Expressway comprised three components:

- Over 1,000 units of luxurious low-rise, high-rise, and landed residential on 42 acres;

- Mixed development scheme, comprising about 80% commercial properties such as hotels, corporate offices, food and beverage outlets and, retail shops and 20% residential high-rise properties and

- A seven-acre park fronting the sea.

Teh said the residential component of Waterfront City would be a gated community, comprising strata-titled properties.

“There will be waterways constructed to surround the properties, fronting the sea. This is one of the unique features of the project,” he said, adding that the other special feature was a six km sea-fronting promenade with a 10m width, stretching from the Penang Bridge to Sungai Pinang in George Town, where the Jelutong Expressway ends. There will also be a 2km green belt, with a 20m-25m width, to separate Waterfront City from the Jelutong Expressway.

The Waterfront City project would be launched after the Chinese New Year next year.

He said the properties, targeted at the regional market would be launched in phases over a 10-15 year period. JDSB’s RM1.2bil Bandar Sri Pinang project, also along the Jelutong Expressway, was 85% completed.

“We will also be launching the Nautilus Bay landed residential scheme and The Spring condominiums for the Bandar Sri Pinang project next month. The Nautilus Bay, comprising 78 three-storey terraced houses, has been completed and will be launched for sale soon.”

“We plan to launch next year the Summer Place, the final residential phase of Bandar Sri Pinang comprising 531 units of condominiums,” he said, adding that the RM680mil Metro-East mixed developments, also along the Jelutong Expressway, was about 60% completed.

“We still have two more key residential and commercial projects to launch for Metro-East,” he added.

http://img39.picoodle.com/img/img39/6/11/2/f_waterfrontcm_0f42808.jpg

[nazrey]

New Project
PLATINO

http://img38.picoodle.com/img/img38/9/9/22/f_platino1m_2c588e8.jpg

IJM Properties Sdn Bhd will launch at the end of this month its RM190mil Platino luxurious condominium project for its Metro-East scheme in Jalan Udini. Its sales and property manager Patsy Lee said the units of the Platino project, located next to the Penang Bridge in the south-west district, range between 1,819sq ft to 6,400sq ft and are priced between RM600,000 and RM2mil.

“The normal units, with built-up areas of between 1,819sq ft and 2,659sq ft, are sold from RM600,000 onwards, while the penthouses, with built-up areas of 6,400sq ft, are priced from RM2mil and above. “The units offer magnificent views of the island, which includes those of the Penang Bridge, George Town and the surrounding hills. The project comes with a resort recreational facilities,” she said.

She said the special feature of Platino was the ‘four-season’ garden, which was landscaped with a variety of plants reflecting the four seasons. Lee added that construction work for the Platino project had started and was scheduled for completion in three years. The Metro-East mixed-development scheme, located on a 30 acre site, is about 60% completed.

“Next year, IJM plans to launch the final phase of Metro-East, comprising two blocks of residential and commercial properties, scheduled for completion in three years,” said Lee. She also said IJM was currently completing a 16-storey office block with 135,000sq ft of office space for Metro-East. “This project is scheduled for completion in early next year,” she added.

IJM Properties is among about 100 exhibitors taking up more than 200 booths that showcase property, home financing packages and home-related products at the Star Property & Home Fair 2007 which starts on Friday. The fair at the Penang International Sports Arena (PISA) is open from 11am to 9pm. Admission is free. Log on to www.star-space.com for more details.

Metro East

http://img31.picoodle.com/img/img31/9/9/22/f_bayswater1m_a827f69.jpg

Update :
by forever consern
IJM new project, The Platino (http://www.platino.com.my/), behind Tesco, Mtro East

http://i4.photobucket.com/albums/y150/forever_consern/DSC00504.jpg

[nazrey]

Springtide residencess

http://www.success88.com/images/thumbnail/small/springtide.jpg



Update:
@ Tg.Bungah by 7crewz

http://img27.picoodle.com/img/img27/5/11/13/f_17m_37d20c0.jpg

[pen]

Latest project.:banana:

THE LIGHT Waterfront Penang

A Mega Icon

DESIGNED AS PENANG'S FIRST INTEGRATED LEISURE / RETAIL / ENTERTAINMENT AND CULTURAL DESTINATION WITHIN AN UPMARKET AND LUXURIOUS WATERFRONT LIVING ENCLAVE, THE LIGHT CREATES A TOTALLY NEW EXPERIENCE FOR PENANG VISITORS AND ITS RESIDENTS.

This site will have a commercial district with dining promenades, different malls for family, fun, IT savvy and upmarket fashion-conscious types, four hotels ranging from family to resort, boutique / spa and business high-rise, a floating cultural theatre and convention centre.

This project represents one of the highest proportions of leisure-based services anywhere in South East Asia.

As a day-out experience for families, a hip hangout for young techo-savvy or a new Penang discovery for local, regional and international visitors, THE LIGHT will celebrate the spirit of Penang's uniqueness, relaxed serendipity and exotic heritage.

But most of all, it will offer an iconic landmark to distinguish Penang as a world class destination with a waterfront living resort and lifestyle hub of the highest international standard.

THE LIGHT will become an example of the next generation of developments for Penang and the rest of South East Asia.


Source from: http://www.thelightwaterfront.com

[Adam Tan]

THE LIGHT Waterfront Penang :)
http://img90.imageshack.us/img90/6319/93769550st9.jpg
http://img240.imageshack.us/img240/595/34tj5.jpg
http://img80.imageshack.us/img80/9863/55802192xq2.jpg

[ZZ-II]

any news about the PGCC? looks so imressive!

[nazrey]

>> http://www.skyscrapercity.com/showthread.php?t=518768&page=3

[haze]

new project

by pen

http://i237.photobucket.com/albums/ff227/jeff1983/TheOne.jpg

DESIGN PHILOSOPHY


EXHIBITION

Penang Tech Museum

WORK
Self-Contained ICT Business Hub
MSC Status Building with Future-Proof Technology
Administrative Capital of E-Community
World Class Business Venue with Accommodation
Incubation Center & Data Center

SHOP

Outdoor Shopping promenade & Concept Stores

DINE

Business Class Fines Dining Restaurants

HOMES

Hi-Tech Homes with Intelligent Home System

ENTERTAINMENT

Cyber Gaming Community Cluster


Location
http://i237.photobucket.com/albums/ff227/jeff1983/site-map1.jpg


Source from: http://www.idealhomes.cc/theone.html

[pen]

NEW PROJECT:banana:

WIKIWORLD, Penang Cybercity 1.


WIKIWORLD gives you the address of the smart set in an iconic building with a stunning façade. Inside, enjoy digital business and lifestyle options powered by the fastest broadband connection.

The top three levels are dedicated to MSC tenants and ICT start-ups while the lower four levels offer complementary shopping and F&B activities

Strategically located in Penang Cybercity 1, Wikiworld is the key component of the MSC cluster to fast-forward Bayan Baru town centre into a vibrant, digitally advanced central business district.

This shopping mall cum cyber office complex can be accessed by all major roads from the Penang Bridge, the Bayan Lepas International Airport and the Second Link. It neighbours the Bayan Lepas Free Industrial Zone whose residents include multinational corporations and MSC-status companies.


More info: http://www.wikiworld.com.my

http://i237.photobucket.com/albums/ff227/jeff1983/pic4.jpg

http://i237.photobucket.com/albums/ff227/jeff1983/pic1.jpg

http://i237.photobucket.com/albums/ff227/jeff1983/pic3.jpg

http://i237.photobucket.com/albums/ff227/jeff1983/pic2.jpg

[nazrey]

New Project
Penang Sentral

http://www.thestar.com.my/archives/2007/8/1/nation/n_04badawi.jpg

http://www.thestar.com.my/archives/2007/11/22/north/sentral.jpg

MRCB ventures into Penang Sentral project
by Lim Yu Min, 14 Dec 2007 9:13 PM
THEEDGEDAILY

KUALA LUMPUR: Malaysian Resources Corporation Bhd (MRCB) and Pelaburan Hartanah Bumiputera Bhd are setting up a joint venture company - Penang Sentral Sdn Bhd - for the Penang Sentral project, pending Foreign Investment Committee’s approval.

According to a statement released by Bursa Malaysia on Dec 14, MRCB said the proposed Penang Sentral project will include the development of an Integrated Transportation Hub comprising bus, taxi, railway terminal and monorail.

It will also include the retail, residential, commercial components, services facilities, the company said.

Bursa Malaysia said Penang Sentral Sdn Bhd has also signed a turnkey development contract with MRCB Selborn Corporation Sdn Bhd, a 60% subsidiary of MRCB, for the development management service, design, construction, completion and maintenance of the Penang Sentral Project.

It said the project, when completed, will be the central transportation hub for Penang, integrating Penang’s ferry, train, intercity and intra-city bus and taxi services and a monorail station.

“It will also include an integrated development comprising of commercial, residential and retail components, service facilities and car park areas, all located within an approximately 30-acre site.”

On the rationale for the joint venture, MRCB said their participation in the urban development of Penang will enable it to use its experience and expertise in property development to increase the group’s business growth and revenue.

“It is part of MRCB’s principal activities in property development and investment, construction, engineering, concession and environmental rehabilitation operations,” it added.

Meanwhile, MRCB said the proposed joint venture and the Turnkey Development contract are not expected to have any material impact on the earnings and net tangible assets of MRCB for the current financial year ending Dec 31, 2007.

[nazrey]

Springtide residencess

http://www.success88.com/images/thumbnail/small/springtide.jpg



Update:
@ Tg.Bungah by 7crewz

http://img27.picoodle.com/img/img27/5/11/13/f_17m_37d20c0.jpg

Update:
by Gan Fye

http://img31.picoodle.com/img/img31/5/12/15/f_20m_0953751.jpg

[nazrey]

The Cove
Tanjung Bunga, Penang. Malaysia.

The Cove is a new luxury beach front condominium with full facilities including a swimming pool, sauna and gym. Also provided 2 covered car park bays for every unit of condominium. The Cove Condominium is located at Jalan Tanjung Bungah which is a suburb of the middle upper class residential area that perfectly matched your status. The immediate neighborhood are the Dalat International school, Crown Prince Hotel, Copthorne Orchid Hotel and Sandy Bay Paradise Hotel.

http://www.penang-property.com/apartment/the_cove/cove1.jpg

by cooltemper

http://img381.imageshack.us/img381/8035/dscn3272ex6.jpg

http://img261.imageshack.us/img261/2298/dscn3285cw8.jpg


Update:
by Gan Fye

http://farm3.static.flickr.com/2137/2106228313_378ec727b6_b.jpg

[nazrey]

The Cove @ Tanjung Bungah
by Les Chang

http://farm3.static.flickr.com/2356/2108172976_6aa20da3ca_b.jpg

http://farm3.static.flickr.com/2078/2108172186_a7cda71b50_b.jpg

[built_in_me]

whats the progress of the C.E.O........

[built_in_me]

and whats the status of the ONE

[pen]

whats the progress of the C.E.O........

DEC 2007

http://i237.photobucket.com/albums/ff227/jeff1983/decceo1.jpg
Overall site view from Vistana

http://i237.photobucket.com/albums/ff227/jeff1983/decceo2.jpg
Construction of riser tank in progress at ground level.


http://www.idealhomes.cc/html/projects/ceo_progressphotos.html

[nazrey]

C.E.O (http://idealhomes.cc/the-ceo.html)

C.E.O

http://idealhomes.cc/the-ceo/images/home_06.jpg
http://idealhomes.cc/the-ceo/images/home_09.jpg

Dubbed as the first smart office in Penang, the C.E.O offers a unique experience of a new working and modern living environment under one roof.

Poised to be a prestigious address in Bukit Jambul in the southwest district of Penang island, the C.E.O is designed based on the Small Office Home Office (SOHO) concept for start up businesses or small investors. A first-class investment opportunity, the C.E.O is well position to achieve Multimedia Super Corridor (MSC) status.

http://idealhomes.cc/the-ceo/images/designconcept_07.jpg
http://idealhomes.cc/the-ceo/images/designconcept_10.jpg

http://idealhomes.cc/the-ceo/images/gallery5_06.jpghttp://idealhomes.cc/the-ceo/images/gallery5_07.jpg
http://idealhomes.cc/the-ceo/images/gallery5_28.jpghttp://idealhomes.cc/the-ceo/images/gallery5_29.jpg

http://idealhomes.cc/the-ceo/images/sorrounding2_01.jpghttp://idealhomes.cc/the-ceo/images/sorrounding2_02.jpg
http://idealhomes.cc/the-ceo/images/sorrounding2_03.jpghttp://idealhomes.cc/the-ceo/images/sorrounding2_04.jpg


http://www.pbase.com/image/26187131.jpg

[nazrey]

The Palazzia & Ideal Regency , Bukit Gambier, Penang

http://idealhomes.cc/images/downloads/wallpaper%20ideal/1024/palazzia1.jpg

http://idealhomes.cc/images/downloads/wallpaper%20ideal/1024/palazzia2%20.jpg

http://idealhomes.cc/images/downloads/wallpaper%20ideal/1024/palazzia3%20.jpg

http://idealhomes.cc/images/downloads/wallpaper%20ideal/1024/regency3%20.jpg

http://idealhomes.cc/images/projects/projects/i-palazzia.jpg http://idealhomes.cc/images/projects/projects/ideal-regency.jpg
http://idealhomes.cc/images/palazzia-link.jpg

http://idealhomes.cc/images/projects/projects/projectprogress/palazziaregency-pic-prog_07.jpg http://idealhomes.cc/images/projects/projects/projectprogress/palazziaregency-pic-prog_03.jpg

http://idealhomes.cc/Images/projects/projects/projectprogress/regency10a.jpg http://idealhomes.cc/images/projects/projects/projectprogress/regency09b.jpg

Construction in progress at L3 Left front site view for Commercial.

Update :
The Palazzia & Ideal Regency
Jalan Bukit Gambir, Penang
- Lifestyle Commercial Centre with 20,000 Sq.ft Outdoor Exhibition Area.
Commercial Shop at the Vicinity of University Science Malaysia
- Lifestyle Resort Condominiums at the Vicinity of University Science Malaysia
Front elevation to right of Commercial Blk.

ront view (right elevation) for Commercial Block.
Construction of columns in progress at Level 7 to 8 of Blk C.

http://idealhomes.cc/Images/projects/projects/projectprogress/regency11a.jpg http://idealhomes.cc/Images/projects/projects/projectprogress/regency11b.jpg

http://idealhomes.cc/Images/projects/projects/projectprogress/regency12a.jpg http://idealhomes.cc/Images/projects/projects/projectprogress/regency12b.jpg

[nazrey]

Suntech

http://www.nst.com.my/Weekly/PropertyTimes/News/Phasedin/20051206151840/Article/Images/Phased/suntecB.jpg

http://img03.picoodle.com/img/img03/9/9/22/f_suntech3m_bceb3ea.jpg

http://img29.picoodle.com/img/img29/9/9/22/f_suntech2m_100c051.jpg

http://img38.picoodle.com/img/img38/9/9/22/f_suntechm_e8a6b34.jpg

by Venycal

http://farm3.static.flickr.com/2169/2131198443_82c6210f5e_o.jpg

[nazrey]

[QUOTE=nazrey;13908603]Springtide residencess

http://www.success88.com/images/thumbnail/small/springtide.jpg



by Pablo

http://farm3.static.flickr.com/2191/2136092350_9c838cca8a_o.jpg

[nazrey]

The Cove
Tanjung Bunga, Penang. Malaysia.

http://img40.picoodle.com/img/img40/5/12/31/f_02m_e56c6fd.jpg

[mbuildings]

very nice pics

[nazrey]

The Spring

http://www.ijmproperties.com/global/php-bin/include/gd/gd.php?gd=2&src=http://webadmin.ijmproperties.com/img/project/289.jpg&maxw=500

http://i4.photobucket.com/albums/y150/forever_consern/DSC00480.jpg

http://i4.photobucket.com/albums/y150/forever_consern/DSC00479.jpg

Update :
by Venycal

http://farm3.static.flickr.com/2011/2148738418_e92bf6dea2_o.jpg

[nazrey]

THE LIGHT Waterfront Penang :)
http://img240.imageshack.us/img240/595/34tj5.jpg
http://img80.imageshack.us/img80/9863/55802192xq2.jpg

The Light Waterfront a symbolic landmark in Penang
by The Edge Daily

http://www.thelightwaterfront.com/images/The%20Location/light-potential.jpg

IJM Corp Bhd CEO and managing director Datuk Krishnan Tan singled out The Light as one of IJM's crown jewels.

"The Light is a spectacular project that will bring pride to the people of Penang as not only will it showcase the island's biggest waterfront development, it will also be on a par with renowned properties such as Canary Wharf in London, Melbourne's Docklands and Queens Quay of Toronto.

"It will be a symbolic landmark in Penang, clearly visible from the mainland and the Penang Bridge," he says.

The Light will be built over the next 10 years over 152 acres in three phases by Jelutong Development Sdn Bhd, a subsidiary of IJM Land.

It is located on the eastern coastline of Penang in Gelugor, along Jalan Udini heading towards Bayan Lepas, where the Penang government has given IJM the right to reclaim 338 acres in exchange for constructing the Jelutong Expressway.

Land reclamation works are currently underway and construction is expected to start before the end of 2008.

The Light will feature 1,186 units of high-end waterfront condominiums, office towers, four hotels, a family mall, an IT mall, a fashion mall, dining and entertainment facilities and a seafront park.

Under phase one, covering 17ha, six parcels of high-end waterfront residences, comprising 1,186 units, will be developed. Under phase two, a commercial and retail city, comprising the Gateway Towers, hotels, signature offices, showrooms, banquet and conference facilities, cultural hall, visitor centre and waterfront amphitheatre, will be built on 41.7ha.

A unique feature of The Light is a floating stage and a floating restaurant, with the entire development interconnected by water taxis. Tan says The Light will also boast a seafront park with 2km set aside for greenery.

The prices of the residential and commercial units at The Light are expected to be in the region of RM350 to RM650 psf.

With the launch of The Light, Tan believes IJM Land has made an impact as a trusted developer building quality properties besides creating new townships and opportunities.

[nazrey]

An International Waterfront Icon

AROUND THE WORLD, WATERFRONT RESORT LIVING HAS BECOME THE HOTLY PURSUED LIFESTYLE TO HAVE AMONG THE ELITE, THE WELL-HEELED AND HIGH NETWORTH SET.

Residential status in any of these iconic waterfront resort developments means owning the key to a host of elegant pursuits, exhilarating activities, culinary and entertainment attractions and enjoying a level of service that can only be envied.

From London's Canary Wharf, Melbourne's Docklands, Sydney's The Rock to Toronto's Queens Quay, the lure of resort-style waterfront urban playgrounds seem set to proliferate across the globe.

Each waterfront paradise is designed to delight discerning palates, with upmarket exclusivity, often combining cutting-edge design with heady fashionable, culinary and indulgent pleasures all in one lifestyle hub, right on one's doorstep.

THE LIGHT Waterfront Penang now join the league of international waterfront resort-living icons.

http://www.thelightwaterfront.com/images/The%20Light/waterfront-icon.jpg

[nazrey]

by spwise@rogers. com

http://farm3.static.flickr.com/2067/2176502295_d9e6670f1b_o.jpg

http://farm3.static.flickr.com/2280/2177293956_c8c86df165_o.jpg

by cassandra_gracia

http://img28.picoodle.com/img/img28/4/1/8/f_21130876722m_2d9e361.jpg

[nazrey]

The Cove & Springtide residencess
@ Tanjung Bunga, Penang
by nurhayatid

http://img36.picoodle.com/img/img36/4/1/13/f_01m_ca06cc5.jpg

http://img37.picoodle.com/img/img37/4/1/13/f_02m_7f7fcdc.jpg

[Ten]

wow...very impressive this island city.

[nazrey]

New launching!
KELAWEI VIEW

Kelawei View is a new luxury condominium project development located in prime Georgetown, the heartbeat of the city, close to the popular gurney drive and easily accessible to modern conveniences. Residents enjoys utmost privacy and low living density with a spacious built up area of approximately 4,303 - 6, 423square feet. Each unit offers a beautiful city twinkling lights with unending sea breezes and superb sunset view.

http://img34.picoodle.com/img/img34/8/6/24/f_523m_130025e.jpg

Update:
by forever consern

http://i4.photobucket.com/albums/y150/forever_consern/DSC00636.jpg

http://i4.photobucket.com/albums/y150/forever_consern/DSC00637.jpg

[nazrey]

The Cove & Springtide residencess
by vlm07

http://farm3.static.flickr.com/2011/2211229457_106c3ee486_o.jpg

[nazrey]

Queensbay Development

Current Launches
BayAvenue & BayGarden

http://www.queensbay.com.my/images/bay_avenue2.jpg
http://www.queensbay.com.my/images/pro_current.jpg

http://img37.picoodle.com/img/img37/9/9/22/f_queensbaym_cc61746.jpg

by Venycal

http://farm3.static.flickr.com/2018/2154529158_2f864dd72a_o.jpg

http://farm3.static.flickr.com/2335/2153735553_378184c808_o.jpg

http://farm3.static.flickr.com/2063/2154482442_9638c3f01b_o.jpg

http://farm3.static.flickr.com/2265/2154566046_0f4fb6e42a_o.jpg

http://farm3.static.flickr.com/2041/2154566734_3559954fd6_o.jpg

http://farm3.static.flickr.com/2155/2153773995_203e80da48_o.jpg

[nazrey]

PENANG TIMES SQUARE and EAST WEST TOWER & MALL

http://i4.photobucket.com/albums/y139/protoeden2/holdingsDK.jpg

http://img31.picoodle.com/img/img31/8/6/24/f_527m_c07dba6.jpg

http://img02.picoodle.com/img/img02/7/1/22/f_compnewAli_9ad6m_6e4a3b6.jpg

Update:
http://i4.photobucket.com/albums/y150/forever_consern/1_652905561l.jpg

http://i4.photobucket.com/albums/y150/forever_consern/1_423534821l.jpg

[nazrey]

The Cove
by narita_khaliani

http://img02.picoodle.com/img/img02/4/1/27/f_21785012730m_f06f8c4.jpg

http://img03.picoodle.com/img/img03/4/1/27/f_19m_879afc8.jpg

http://img02.picoodle.com/img/img02/4/1/27/f_20m_cf0256b.jpg

[nazrey]

Penang’s largest masterplanned waterfront community

http://img256.imageshack.us/img256/5311/tgpinang01oo0.jpg

A unique world-class waterfront development Seri Tanjung Pinang is the newest address to join the international list of world-class waterfront communities including the Palms in Dubai, Australian’s Sovereign Island and Sentosa Cove in Singapore. Yet what makes Seri Tanjung Pinang truly unique is the island of Penang itself – painted by history, set to the easy rhythm of the sea and enriched by a grand colonial past.

When completed, it will offer investors and homeowners a range of opportunities including:

Luxurious residences – private detached homes, spacious semi-detached homes, airy courtyard terrace homes, luxurious service apartments and condominiums, island homes
Waterside – a festive marina for international yachting enthusiast and the waterfront retail and commercial hub that will be the vibrant new destination on the island of Penang
World-class infrastructures including schools and roads that will link Seri Tanjung Pinang to the rest of the island.

Seri Tanjung Pinang is located at Tanjung Tokong on the northeast coast of Penang. Approximately 5km from Georgetown, it is just a short hop from Penang’s famed tourist strip along Gurney Drive and a leisurely car ride away to the beaches of Batu Ferringghi.

LIKE DANCING WAVES PAINTED BY DAWN’S FIRST LIGHT. LIFE HERE IS LIKE A SHIFTING CANVAS OF COLOURS

The focus of Phase One of Seri Tanjung Pinang will be its bustling marina, with its large variety of retail and leisure outlets, consisting of art galleries, boutiques, outdoor cafes and an entertainment complex.

Other commercial areas will also be available for the astute entrepreneur who wishes to take advantage of the huge potential in this exclusive neighbourhood.

More options for accommodation will be available in the future, in the form of condominium and also island homes when the development of a series of island off the coast is complete.

The exciting future of Seri Tanjung Pinang is already on the horizon and will set a new standard for seafront developments in Penang.

Marina and retail at Waterside
Seri Tanjung Pinang’s Waterside will be the heart and soul of the development. A stone’s throw from the courtyard terraces and condominiums, the Marina will ensure that residents and visitors have plenty to see and do.

The luxury festive Marina at Waterside will have berthing bays for both local and international yachting enthusiasts. A boat ramp leading into the water will provide access for a host of watersports activities, creating the perfect background to the lively shops, cafes and breezy walkways along the Promenade.

Inspired by the favourite pastime of Penangites, the Promenade is a 500-metre cobblestone pathway. Strollers can take in the morning sun, watch the waves rolling by or stop for a cup of tea along one of the many alfresco bistros.

Marketplace, the festive retail hub occupies the ground- and first-floors of Waterside. Fashioned after the best waterfront shopping destinations in the world, with a Penang flavour, Marketplace offers visitors a festive and colourful lifestyle. Two grand lobbies and 5 classic spiral staircases make this a truly unique shopping venue.

Condominiums
In its premier location at the northernmost cape of Seri Tanjung Pinang, nine medium-rise towers spread over 21 acres offers the lowest density condominium community in Penang.

All units have been designed with broad windows and balconies to maximise the panoramic vistas of the sea, the bustling marina or the sparkling lights of Georgetown by night.

This exclusive development is gated and guarded, with fully landscaped gardens and a sizeable clubhouse that includes swimming pools, tennis courts, gymnasium, games and event rooms.

A seafront promenade links the condominiums to the neighboring marina and retail landmark, which offer a variety of restaurants, shops, sports and entertainment.

Commercial
Commercial opportunities abound in this area as there will be high traffic from the influx of residents to this exclusive development.

The landmark marina and retail precinct, as well as the larger commercial parcels ideal for enterprises such as hypermarkets, will draw many visitors and tourists.

Recreational park
The recreational park at Seri Tanjung Pinang will be an oasis where residents and visitors can walk or jog, in the cool breeze of the early mornings and evenings.

Beautifully landscaped, the park at the northeastern point of Seri Tanjung Pinang will be a place where everyone can enjoy the outdoors, picnic and play in safety and peace.

Multi-Islands
As Phase One of Seri Tanjung Pinang is being completed, an additional 740 acres is being developed seawards to include a spectacular series of islands. Together, the 1,000 acres will be the largest waterfront community in Penang’s history. It will offer homeowners a wide mix of residences built to take in all the pleasures of seafront living.

MASTER PLAN
http://img256.imageshack.us/img256/1723/tgpinang02bn4.jpg

Update:

http://img36.picoodle.com/img/img36/5/12/15/f_21067381569m_108205a.jpg

by Venycal

http://farm3.static.flickr.com/2026/2184878525_9bf97f7f34_o.jpg

by pen

http://i237.photobucket.com/albums/ff227/jeff1983/23122007326.jpg

http://i237.photobucket.com/albums/ff227/jeff1983/23122007323.jpg

[nazrey]

http://img31.picoodle.com/img/img31/8/6/24/f_527m_c07dba6.jpg

NEW LAUNCH!
Birch Regency
@ Penang Times Square

http://bp2.blogger.com/_jnitJsnrRX4/R4snae349LI/AAAAAAAABk4/z_pBD345ucE/s320/Birch+Regency.jpg

Birch Regency Condominium at Penang Times Square is poised to become the new urban centre for Penang's residents. The mixed development will become the cornerstone of its efforts to venture into the tourism-related commercial property development market.

[nazrey]

PENANG TIMES SQUARE and EAST WEST TOWER & MALL

http://i4.photobucket.com/albums/y139/protoeden2/holdingsDK.jpg

Update:

http://img02.picoodle.com/img/img02/4/2/9/f_DSC05371m_b2a227c.jpg

http://img27.picoodle.com/img/img27/4/2/9/f_DSC05493m_ff8de21.jpg

[davee08]

wow penang is booming! i love the rendering for the penang times square when expecting completion

[nazrey]

Penang island draws luxury home builders
Monday February 11, 2008
By DAVID TAN

THE most expensive landed residential properties on the Penang island today are located in Tanjung Bungah, Tanjung Tokong and Batu Ferringhi in the North-East district, and Sungai Ara in the South-West district.

These properties are three-storey terraced, three-storey semi-detached and three-storey bungalows, which are priced between RM800,000 and RM3mil.

The builders are reputable developers from Kuala Lumpur and Penang.

Henry Butcher Malaysia (Penang) Sdn Bhd director Dr Teoh Poh Huat said: “Generally, the value of landed residential properties in these areas have appreciated by about 10% yearly since the dawn of the new millenium.”

He told StarBiz that due to high land cost and rising building material prices, it was no longer profitable for developers to build double-storey houses.





http://star-space.com/archives/2008/2/11/pnews/b_pg11hillview.jpg

Some of the completed Hill View
Garden terraced houses in Tanjung Bungah.





“About two years ago, developers here started to build three-storey homes with larger built-up areas and higher selling prices.

“Presently in the market, the selling price for a three-storey terraced starts from about RM800,000, while for a three-storey semi-detached house ranges from RM1.3mil to RM1.8mil, depending on the size.

“The three-storey bungalow unit is priced between RM1.8mil and RM3mil,” he said.

In Tanjung Bungah, Chong Co Group, a reputable developer with good track record, is developing the Hill View Garden, comprising about 200 units of three-storey terraced and three-storey semi-detached houses on a 20-acre site.

“These properties, priced between RM800,000 and RM1.8mil, are over 80% sold.

“They are selling well because of their large built-up areas that can cater to the needs of families living with their grandparents,” Teoh said.

The Hill View Garden three-storey homes have built-up areas ranging from 3,300 to 5,000 sq ft, depending on the type that come with four to five bedrooms, and porches large enough to accommodate three cars.

In Batu Ferringhi, similar types of three-storey landed residential properties were being developed, said Teoh.

“Blossom Time Sdn Bhd is launching in mid-2008 some 129 units of three-storey landed residential properties comprising semi-detached and bungalow homes, which are part of a RM400mil development called Ferringhi Park.

“Again, the emphasis is on the large built-up areas of the units, which come with five to seven rooms, depending on whether it is a semi-detached or a bungalow unit.

“The semi-detached units are priced at RM1.2mil, and the bungalows at RM1.8mil,” he said.

The semi-detached units have built-up areas of 3,995sq ft, while the bungalows 4,300sq ft.

Teoh said the first batch of 57 three-storey semi-detached and bungalow houses, launched last year, were over 80% sold.

[nazrey]

Springtide Residences (http://www.coronationsprings.com/)
Tanjung Bungah

Springtide Residences

http://img33.picoodle.com/img/img33/4/2/12/f_04m_1c3420d.jpg

by spwise@rogers. com

http://farm3.static.flickr.com/2067/2176502295_d9e6670f1b_o.jpg

http://farm3.static.flickr.com/2280/2177293956_c8c86df165_o.jpg

by Pablo

http://farm3.static.flickr.com/2191/2136092350_9c838cca8a_o.jpg

by Garbage Kingdom

http://img30.picoodle.com/img/img30/4/2/12/f_22592181763m_33ad55e.jpg

[nazrey]

INFINITY
Tanjung Bungah

http://img30.picoodle.com/img/img30/9/9/22/f_infinity1m_55c50d7.jpg



http://i4.photobucket.com/albums/y150/forever_consern/DSC00635.jpg

[nazrey]

Gurney Paragon
Gurney Drive

http://biz.thestar.com.my/archives/2007/10/17/business/b_09gurney.jpg

http://img39.picoodle.com/img/img39/9/7/29/f_29m_23f3d69.jpg

Gurney Paragon Construction Site
http://farm3.static.flickr.com/2009/2182452559_c7ce703b9b_o.jpg

http://farm3.static.flickr.com/2263/2184878191_912225ccfe_o.jpg

[nazrey]

COMPLETED
11 Gurney
Gurney Drive

http://farm3.static.flickr.com/2322/2265962033_212a8667e0_b.jpg

[nazrey]

SKY HOME

http://www.penang-property.com/apartment/skyhome/skyhome.jpg


Skyhome Super Condominium

http://i4.photobucket.com/albums/y150/forever_consern/DSC00644.jpg

[nazrey]

Penang agency to build RM100m office tower
February 18th

Besides Citigroup, the Penang Development Corp is wooing other Fortune 500 companies to open their offices at the 16-storey office tower in Bayan Mutiara

PENANG Development Corp (PDC), the state's development arm, plans to build a RM100 million office tower in Bayan Mutiara on the island, which is set to be its flagship commercial building.

It is also in talks with Citigroup to make the US bank the anchor tenant of the 16-storey building. PDC is also wooing other Fortune 500 companies to open their offices there.

"PDC has made its presentations and submitted proposals to Citigroup, and the latter is said to be deliberating the matter at its head office in the US.

"The corporation is also eyeing other top global names to invest there," an industry source said.

Bayan Mutiara is an integrated project on 40ha of seafront land.

It is also located within the Penang Multimedia Super Corridor Cybercity.

The project will comprise high-end and affordable homes, schools, mosque and government administrative complex, including the state legislative assembly building.

The project will encompass four precincts. The state administrative complex will also house elected representatives' offices and the office of the Chief Minister.

Sources said the new office complex will take up 1.2ha. PDC intends to build and then rent the offices to software companies and other international firms.

Last June, PDC sold 0.82ha to the Inland Revenue Board to build a 16-storey corporate tower.

The Marine Police Department has bought 4ha.

The corporation, through its property arm PDC Properties Sdn Bhd, has started building landed residential properties and selling them.

It will launch its condominium project soon.

[nazrey]

New project
by pen

http://i237.photobucket.com/albums/ff227/jeff1983/TheOne.jpg

DESIGN PHILOSOPHY


EXHIBITION

Penang Tech Museum

WORK
Self-Contained ICT Business Hub
MSC Status Building with Future-Proof Technology
Administrative Capital of E-Community
World Class Business Venue with Accommodation
Incubation Center & Data Center

SHOP

Outdoor Shopping promenade & Concept Stores

DINE

Business Class Fines Dining Restaurants

HOMES

Hi-Tech Homes with Intelligent Home System

ENTERTAINMENT

Cyber Gaming Community Cluster


Location
http://i237.photobucket.com/albums/ff227/jeff1983/site-map1.jpg


Source from: http://www.idealhomes.cc/theone.html

KFH to finance The One cyber city
By DAVID TAN

http://biz.thestar.com.my/archives/2008/1/23/business/lead_cyber2301.jpg

PENANG: Kuwait Finance House (M) Bhd (KFH) is providing finance for Ideal Capital Intelligence Sdn Bhd's RM500mil The One, Penang Cyber City commercial project in Bayan Baru.

Ideal Capital chief executive officer Datuk Alex Ooi said that under an agreement, a RM68mil loan – in the form of Musharakah and Murabahah financing facilities – would allow KFH to participate in the project on a profit-sharing basis and provide revolving credit to Ideal Capital.

“We are targeting the sale of 40% of the commercial properties to buyers from Indonesia and Hong Kong.

“The remaining 60% are for domestic purchasers and investors,” Ooi told reporters after the launch of The One by Penang Chief Minister Tan Sri Dr Koh Tsu Koon and signing of the loan facilities yesterday.

"We are targeting the sale of 40% of the properties to buyers from Indonesia and Hong Kong" DATUK ALEX OOI
The One, located on a 5.2ha leasehold site, comprises smart serviced suites, corporate office suites, corporate retail units, terraced shophouses and bungalows.

Besides commercial properties, The One would also house Malaysia's first technology museum.

Some 57 bungalows and terraced shophouses, priced between RM281,000 and RM2mil, were launched recently, Ooi said, adding that over 80% of them had been sold.

Meanwhile, Ooi, who is also Indian Corridor Sdn Bhd chief executive officer, said he had secured a US$100mil loan from a Middle Eastern financial institution to finance the RM3.2bil Royal Garden property development project in Shanghai.

“The financing would also enable the repayment of outstanding loans taken by Golden Plus Holdings Bhd (GPlus) to finance Royal Garden,” he said.

Indian Corridor is a substantial shareholder in GPlus.

[nazrey]

The Light Waterfront
Penang

http://upload.wikimedia.org/wikipedia/en/thumb/3/3a/MalaysiaPulauPinang.png/300px-MalaysiaPulauPinang.png

http://img106.exs.cx/img106/4385/luchtfotopenang18mx.jpg

http://bp1.blogger.com/_jnitJsnrRX4/R00RPBrmNQI/AAAAAAAAA7A/sabJDjqR8Pk/s320/aa.jpg

From Malaysian Forum

http://www.livintrend.com/images/magazine/feb08/dev1.jpg

http://www.livintrend.com/images/magazine/feb08/dev2.jpg

[nazrey]

Springtide Residences

http://img33.picoodle.com/img/img33/4/2/12/f_04m_1c3420d.jpg

SKY HOME

http://www.penang-property.com/apartment/skyhome/nightviews.jpg http://www.penang-property.com/apartment/skyhome/skyhome.jpg

http://img01.picoodle.com/img/img01/4/3/5/f_04m_94015bc.jpg

[nazrey]

Completed
The Cove

http://farm3.static.flickr.com/2258/2343170672_2396720cd7_b.jpg

[nazrey]

The Spring

http://www.ijmproperties.com/global/php-bin/include/gd/gd.php?gd=2&src=http://webadmin.ijmproperties.com/img/project/289.jpg&maxw=500

by WhyS

http://img177.imageshack.us/img177/6391/s2gk3.jpg

http://img177.imageshack.us/img177/5531/s3eq7.jpg

http://img208.imageshack.us/img208/4498/s1ko9.jpg

[nazrey]

Office Tower
THE C.E.O

http://img36.picoodle.com/img/img36/4/3/20/f_01m_0bc1588.jpg

A smart building featuring smart office suites with full clubhouse facilities and business centre services.

Location : Bukit Jambul, Penang
Developer : Penang Development Corporation Bhd.
Content : Commercial Low Energy Office,Full-Fledged facilities corporate tower, smart office home offices
Development Stage : Site Mobilization
Product Keywords : smart office, business, business centre services

by busybody

http://i246.photobucket.com/albums/gg115/engcheong/TheCEO/DSCN3488.jpg

http://i246.photobucket.com/albums/gg115/engcheong/TheCEO/DSCN3495.jpg

http://i246.photobucket.com/albums/gg115/engcheong/TheCEO/DSCN3468.jpg

[nazrey]

Springtide Residences

http://img33.picoodle.com/img/img33/4/2/12/f_04m_1c3420d.jpg

by wanhashim

http://img29.picoodle.com/img/img29/4/3/26/f_04m_0d96f29.jpg

[built_in_me]

Completed
The Cove

http://farm3.static.flickr.com/2258/2343170672_2396720cd7_b.jpg

wow....wonderful...looks like one block of huge stunnig super duper condo....thanx....

[nazrey]

Springtide Residences

Springtide Residences, Tanjung Tokong

http://i4.photobucket.com/albums/y150/forever_consern/P4040116.jpg

[nazrey]

Springtide Residences



http://i4.photobucket.com/albums/y150/forever_consern/Image895.jpg

http://i4.photobucket.com/albums/y150/forever_consern/Image896.jpg

http://i4.photobucket.com/albums/y150/forever_consern/Image897.jpg

[nazrey]

The Spring

http://www.ijmproperties.com/global/php-bin/include/gd/gd.php?gd=2&src=http://webadmin.ijmproperties.com/img/project/289.jpg&maxw=500

by WhyS

http://img514.imageshack.us/img514/5940/april1dc8.jpg

Nautilus Bay and The Spring

http://img514.imageshack.us/img514/714/april3ad3.jpg

http://img411.imageshack.us/img411/2549/n1zw2.jpg

[nazrey]

Residential @Tanjung Bungah
Springtide Residences
U/C

http://img33.picoodle.com/img/img33/4/2/12/f_04m_1c3420d.jpg

SKY HOME
U/C

http://www.penang-property.com/apartment/skyhome/nightviews.jpg http://www.penang-property.com/apartment/skyhome/skyhome.jpg

INFINITY (http://www.hunza-infinity.com/index2.htm)
U/C

http://img29.picoodle.com/img/img29/4/4/7/f_01m_19c6829.jpg

The Cove
COMPLETED
by evanss2000

http://img36.picoodle.com/img/img36/4/4/7/f_23891577830m_5b1fa8e.jpg

[nazrey]

Residential @ Gurney Drive
Kelawei View / Gurney Paragon
U/C

http://img32.picoodle.com/img/img32/4/4/7/f_08m_09c12e2.jpg

http://img29.picoodle.com/img/img29/4/4/7/f_06m_57dca65.jpg

Gurney Drive

http://www.pbase.com/donbruno/image/55707961.jpg

http://img33.picoodle.com/img/img33/4/4/7/f_09m_3ac2a5e.jpg

http://farm3.static.flickr.com/2322/2265962033_212a8667e0_b.jpg

http://farm3.static.flickr.com/2124/2265960671_876c6ffb9d_b.jpg

[nazrey]

Springtide Residences
U/C

http://img33.picoodle.com/img/img33/4/2/12/f_04m_1c3420d.jpg

SKY HOME
U/C

http://www.penang-property.com/apartment/skyhome/nightviews.jpg http://www.penang-property.com/apartment/skyhome/skyhome.jpg

by Travel Buzz

http://img.photobucket.com/albums/v608/nazrey/Another/2409408278_56cbb592e6_b.jpg

http://img.photobucket.com/albums/v608/nazrey/Another/2406525575_01e6f74afb_b.jpg

[built_in_me]

skyhome progress is pretty fast.....

[nazrey]

INFINITY (http://www.hunza-infinity.com/index2.htm)
U/C

http://img29.picoodle.com/img/img29/4/4/7/f_01m_19c6829.jpg

by forever consern

http://i4.photobucket.com/albums/y150/forever_consern/P4200070.jpg

[nazrey]

KELAWEI VIEW

http://img34.picoodle.com/img/img34/8/6/24/f_523m_130025e.jpg

Update:
by forever consern

http://i4.photobucket.com/albums/y150/forever_consern/P4210072.jpg

http://i4.photobucket.com/albums/y150/forever_consern/P4210071.jpg

[nazrey]

Suntech

http://www.nst.com.my/Weekly/PropertyTimes/News/Phasedin/20051206151840/Article/Images/Phased/suntecB.jpg

by forever consern

http://i4.photobucket.com/albums/y150/forever_consern/P4200064-1.jpg

[nazrey]

THE C.E.O
A smart building featuring smart office suites with full clubhouse facilities and business centre services.

http://img36.picoodle.com/img/img36/4/3/20/f_01m_0bc1588.jpg

Location : Bukit Jambul, Penang
Development Stage : Site Mobilization
Product Keywords : smart office, business, business centre services

by forever consern
Developer: Ideal Group
Main Contractor: Paramount Engineering & Construction

http://i4.photobucket.com/albums/y150/forever_consern/P4200066-1.jpg

[forever consern]

great work from all of you....

[forever consern]

http://i284.photobucket.com/albums/ll23/kubundu/suntech1.jpg

getting from somebody

[forever consern]

new shopping mall, Lion Mutiara Parade, located beside Prangin Mall

http://i4.photobucket.com/albums/y150/forever_consern/P5010064.jpg

http://i4.photobucket.com/albums/y150/forever_consern/P4210064.jpg

http://i4.photobucket.com/albums/y150/forever_consern/P4210066.jpg

http://i4.photobucket.com/albums/y150/forever_consern/P4210068.jpg

http://i4.photobucket.com/albums/y150/forever_consern/P4210069.jpg

[forever consern]

http://www.astrohill.net/featured/featured_Springtide_Residences_a.jpg

http://www.astrohill.net/featured/featured_Skyhome.jpg

[pen]

Kelisa Heights, Seberang Jaya

http://i237.photobucket.com/albums/ff227/jeff1983/030520081120.jpg

http://i237.photobucket.com/albums/ff227/jeff1983/030520081121.jpg

[forever consern]

http://i4.photobucket.com/albums/y150/forever_consern/f_DSC01826m_5f3e553.jpg

http://i4.photobucket.com/albums/y150/forever_consern/f_DSC01847m_5ebc5a9.jpg

http://i4.photobucket.com/albums/y150/forever_consern/f_DSC01841m_3b47ca3.jpg

http://i4.photobucket.com/albums/y150/forever_consern/f_DSC01827m_6fc7648.jpg

[nazrey]

Penang International Equestrian Centre

http://www.thestar.com.my/archives/2006/6/15/north/turf.jpg

ULTRA MODERN:An artist's impression of the new
Penang International Equestrian Centre at Batu Kawan.

The new turf club (Penang International Equestrian Centre) will be in Batu Kawan in the mainland and will look like this:

http://img127.exs.cx/img127/7566/kawan6kk.jpg

http://img153.imageshack.us/img153/9305/yippee2gw6.jpg

http://www.hoksport.com/images/hok_sport/sportprojects/penang/main_1.jpg

http://www.hoksport.com/images/hok_sport/sportprojects/penang/main_2.jpg

The Penang Turf Club, being relocated to the mainland and renamed the Penang International Equestrian Centre, will be a full international capacity racecourse, capable of accommodating up to 1,500 horses upon completion. It will be a multi-functional facility, catering for the full spectrum of equestrian pursuits as well as non-racing activities such as conventions and exhibitions.

The racecourse will feature 4 tracks and a new grandstand with a capacity of 7,000. The facility will also incorporate the latest in medical equipment and operating facilities to ensure the international horses receive the best veterinary treatment and training. Running independently from the racecourse, the equestrian centre will feature a covered arena and clubhouse.Source : HOKSport (http://www.hoksport.com/projects/penang.html)

[=NaNdA=]

how about PGCC? is there any news about that?

[built_in_me]

dunnola hope at least slowly slowly all projects with problems will be settled...now am worried bout paragon also....but news bout batu kawan turf club seemd good...and also the lion mutiara parade...
hope to see the improvement project of komtar will go on.....i saw some work wuz going on in the komtar near the entrance escalator...then wembleys park...lets hope....and i still hope some good decision will be made on PGCC....bayan mutiara also sorta gettin cancelled, not all but the mini putrajaya......check out some renderings on southbay city in the penang apartment blogspot....

[nazrey]

NEW PROJECT:



http://i284.photobucket.com/albums/ll23/kubundu/uban.jpg

[nazrey]

PIER AT WELD QUAY

http://bp1.blogger.com/_BWQmSsODfo8/R5MLVLvQ3eI/AAAAAAAABQQ/L3WcgMjshtE/s400/The-Pier.gif

The Pier at Weld Quay will offer new products surrounded by revitalised, existing old buildings

http://bp3.blogger.com/_BWQmSsODfo8/R5MLVrvQ3gI/AAAAAAAABQg/u2iz4dlcAzY/s400/Rice-Miller-hotel.gif

An artist's impression of the boutique Rice Miller hotel

http://bp2.blogger.com/_BWQmSsODfo8/R5MLVbvQ3fI/AAAAAAAABQY/J91vBqtH7mo/s400/The-development.gif

The development is targeted at locals and foreigners, retired or retiring

by buyoi

http://farm4.static.flickr.com/3064/2503654873_a0e11756fd_o.jpg

[nazrey]

Springtide Residences

http://img33.picoodle.com/img/img33/4/2/12/f_04m_1c3420d.jpg

by alang_sinchan

http://farm3.static.flickr.com/2004/2520213127_e50a24647e_b.jpg

[forever consern]

this is the old photo..currently springtide residences almost completed

[nazrey]

Delima Palace
by kubundu

http://i284.photobucket.com/albums/ll23/kubundu/delimasmall.jpg

[nazrey]

NEW PROJECT:
Pearl Regency (http://www.pearlregency.co.kr/)

http://img392.imageshack.us/img392/7192/21898496ej7.jpg

[nazrey]

From leasehold to freehold
Property News Jun 08

http://bp1.blogger.com/_jnitJsnrRX4/SETX1CrziYI/AAAAAAAACjE/oD5kSWRFw6g/s400/aa.jpg

Leaseholders of state land have welcomed Penang’s new land policy allowing them to convert their property to freehold status as it would mean an increase in property prices.

Pioneer Bayan Baru resident and the area’s Rukun Tetangga chairman Chai Tsing Boo, 64, said he would meet with the township’s various residents associations (RA) and Bayan Baru MP Datuk Zahrain Mohamed Hashim to discuss the procedures for getting their residential leasehold titles converted.

“Everything we know so far is from the media. I think it is important to speak to a state representative who can advise us on what needs to be done so that we can submit the relevant forms collectively,” he said.

According to Chai, “thousands and thousands” of Bayan Baru township homeowners would benefit from the policy as a majority of the homes there were built by the Penang Development Corporation (PDC).

“Developed in 1974, my single storey terrace house was under the first phase of PDC’s Bayan Baru development comprising 477 single-storey terrace houses and 74 units of single-storey semi-detached houses.

“The unit was originally priced at RM29,500. Today, despite being a 99-year leasehold property, the value has increased by sevenfold.

“Some of my neighbours who have renovated their homes managed to sell them for about RM300,000,” he said, adding that there was “about 30 years” left on his lease.

“Of course I will take advantage of the conversion policy because I want to leave our family home to my children,” he said, adding that under the last administration, a similar conversion policy was allowed but only for certain areas.

Food outlet owner Azhar Ramli and his mother, Halijah Yusof, were both unaware of the new policy but welcomed the news.

“Between my two siblings and me, we own two commercial shop lots and four flats in Bayan Baru – all are 99-year leasehold properties by PDC.

“We definitely want to convert our residential titles and will find out more at the Land Office on the procedures involved. Hopefully the premium won’t be too high,” Azhar, 36, said.

Halijah was “very happy” but hoped the policy could be extended to include conversion of commercial leasehold units into freehold titles as well.

A photographer who only wanted to be known as Ch’ng, said he would not be “rushing” to convert his land just yet.

“We don’t know how long it will take for the re-alienation to take place. If it is within six months, then I will consider.

“For people like us who are not planning on selling our units, the increase in value after conversion doesn’t really make a difference. In fact, we may end up paying more in assessment after conversion,” the 56-year-old said.

Penang Development Corporation Properties Sdn Bhd (PDCP) chief executive officer Osman Kallahan said he was in “total agreement” with the new land policy as it would benefit the rakyat.

“The change in title will add value to the property, making it more ‘bankable’. This will allow PDC home owners to upgrade their lives and standard of living,” he said, adding that prior to 2005, all PDC development projects in the state were leasehold properties.

“In the past 35 years, PDC had built 22,000 homes but since PDCP was incorporated three years ago, we have developed four freehold projects on the island and mainland.

“With this new policy, we hope to focus on building freehold properties from now on so that we can offer home owners a more valuable title," he said.

Real Estate and Housing Developers Association (Rehda) Penang chairman Datuk Jerry Chan lauded the new land policy as it would prevent property prices from dipping.

"Generally, property prices always appreciate in value but if you own a leasehold property, the prices of the land or unit will fall after a certain period.

"For example, if you have a 99-year leasehold property, chances are you will not be able to sell it for a good price if you only have about 20 years left on the lease.

"Furthermore, a leasehold property can only remain in the family for two or three generations - which is not long at all," he said, adding the home owners still preferred to purchase freehold over leasehold property if given choice.

"Just look at Singapore and Kuala Lumpur.

"A freehold title can easily fetch between 25% and 30% more in market as compared to a 99-year leasehold property. At the end of the day, a freehold title will give you peace of mind because it is more tangible - you can renovate it and give it to your children without worrying," he said.

Raine & Horne International senior partner and property consultancy director Michael Geh agrees.

"I believe conversion will result in an immediate property appreciation of over 30%.

"Lim's new land policy is definitely a good decision as it provides certainty for land title holders," he said, adding that the majority of PDC's residential developments were leasehold titles.

"My advise is to apply for the conversion but let your lawyer and bank handle the legal documentation process for you," he said.

Geh also noted that the decision to allow commercial and industrial leasehold owners to extend their 66-year lease to 99 years would instil "confidence" in leaseholders in investing in their companies.

[nazrey]

The One
Penang Cyber City

http://i237.photobucket.com/albums/ff227/jeff1983/TheOne.jpg

Update:
by pen

http://i237.photobucket.com/albums/ff227/jeff1983/070620081673.jpg

[built_in_me]

wow 28 storeys....bayan baru skyline will improve further....

[nazrey]

Pearl Regency

http://img392.imageshack.us/img392/6293/75948968kt5.jpg

http://img236.imageshack.us/img236/2943/66588753uy5.jpg

Progress Photos - Credits to http://mypenangdreamhouse.blogspot.com

http://i52.photobucket.com/albums/g19/lhheah/My%20Penang%20Dream%20House/IJMNewProjectNearTesco.jpg

http://i52.photobucket.com/albums/g19/lhheah/My%20Penang%20Dream%20House/IJMNewProjectNearTesco1.jpg

http://i52.photobucket.com/albums/g19/lhheah/My%20Penang%20Dream%20House/IJMNewProjectNearTesco3.jpg

http://i52.photobucket.com/albums/g19/lhheah/My%20Penang%20Dream%20House/IJMNewProjectNearTesco4.jpg

[nazrey]

Metro East, Penang
Projects under Metro East
-TESCO
-e-Gate
-Bayswater Resort
-The Platino Super Condominium
-Office Blocks

http://www.bayswater.com.my/tiff/comm_pix.jpg

by TYW

http://img32.picoodle.com/img/img32/8/6/24/f_egate15thm_6ee9b1e.jpg

by cooltemper

http://img26.picoodle.com/img/img26/8/6/24/f_52754m_ff8d51e.jpg

by goldwings_pg

http://farm4.static.flickr.com/3274/2582181593_9e21ae9f32_b.jpg

[nazrey]

KELAWEI VIEW

Kelawei View is a new luxury condominium project development located in prime Georgetown, the heartbeat of the city, close to the popular gurney drive and easily accessible to modern conveniences. Residents enjoys utmost privacy and low living density with a spacious built up area of approximately 4,303 - 6, 423square feet. Each unit offers a beautiful city twinkling lights with unending sea breezes and superb sunset view.

http://img34.picoodle.com/img/img34/8/6/24/f_523m_130025e.jpg

by LA VIE EN LOTUS

http://farm4.static.flickr.com/3137/2579806639_775d4183b1_o.jpg

[nazrey]

Mutiara Parade Mall
Near Komtar Tower
by forever consern

http://img440.imageshack.us/img440/3061/mutiaraparade13hh3.gif

http://i4.photobucket.com/albums/y150/forever_consern/P6150780.jpg

http://i4.photobucket.com/albums/y150/forever_consern/P6150783.jpg

[Ampelio]

Thanks Nazrey!
^^The Pearl Regency looks nice, can you point out where this project exactly located in Penang island?
...just curious since there is a road between the two towers and the other one, connected with crossing sky bridge

[nazrey]

Mutiara Parade Mall
by forever consern

http://i4.photobucket.com/albums/y150/forever_consern/P7060813.jpg

http://i4.photobucket.com/albums/y150/forever_consern/P7060825.jpg

[forever consern]

any update news on the construction of Moonlight Bay?

[nazrey]

Springtide Residences

http://img33.picoodle.com/img/img33/4/2/12/f_04m_1c3420d.jpg

by imwenzi

http://farm4.static.flickr.com/3005/2595189185_f1cd159623_b.jpg

[nazrey]

The One
Penang Cyber City

http://i237.photobucket.com/albums/ff227/jeff1983/TheOne.jpg

bybuilt_in_me

http://img149.imageshack.us/img149/1294/theoneyi9.jpg

[nazrey]

INFINITY (http://www.hunza-infinity.com/index2.htm)

http://img29.picoodle.com/img/img29/4/4/7/f_01m_19c6829.jpg

by built_in_me

http://img55.imageshack.us/img55/5205/infinityvq6.jpg

[nazrey]

PENANG TIMES SQUARE and EAST WEST TOWER & MALL

http://i4.photobucket.com/albums/y139/protoeden2/holdingsDK.jpg

by forever consern

http://img.photobucket.com/albums/v165/darkelfwf/crane/400t.jpg

http://img.photobucket.com/albums/v165/darkelfwf/crane/cathead.jpg

http://img.photobucket.com/albums/v165/darkelfwf/crane/mast.jpg

[nazrey]

KELAWEI VIEW

Kelawei View is a new luxury condominium project development located in prime Georgetown, the heartbeat of the city, close to the popular gurney drive and easily accessible to modern conveniences. Residents enjoys utmost privacy and low living density with a spacious built up area of approximately 4,303 - 6, 423square feet. Each unit offers a beautiful city twinkling lights with unending sea breezes and superb sunset view.

http://img34.picoodle.com/img/img34/8/6/24/f_523m_130025e.jpg

by built_in_me

http://img513.imageshack.us/img513/6303/kelaweiview14frontfromdjd4.jpg

[nazrey]

Suntech @ CyberCity Penang
by built_in_me

http://img178.imageshack.us/img178/5567/suntechdv5.jpg

[nazrey]

SKY HOME

http://www.penang-property.com/apartment/skyhome/nightviews.jpg

http://www.penang-property.com/apartment/skyhome/skyhome.jpg

by built_in_me

http://img55.imageshack.us/img55/2677/skyhomeis5.jpg

[nazrey]

HILLCREST RESIDENCES
HILLCREST RESIDENCES, at Bukit Jambul
by Adam Tan

http://i47.photobucket.com/albums/f157/adam_king/PICT5227.jpg

by leschang

http://fotokrazy.com/gallery2/d/142584-3/inti_Panorama4.jpg

[nazrey]

Platino

http://img38.picoodle.com/img/img38/9/9/22/f_platino1m_2c588e8.jpg

by built_in_me

http://i4.photobucket.com/albums/y150/forever_consern/P6290786.jpg

[nazrey]

Surin

http://i237.photobucket.com/albums/ff227/jeff1983/surin.jpg

by built_in_me

http://img120.imageshack.us/img120/712/anotherpronearboltondl6.jpg

[nazrey]

SPRINGTIDE RESIDENCES

http://img33.picoodle.com/img/img33/4/2/12/f_04m_1c3420d.jpg

by built_in_me

http://img385.imageshack.us/img385/1037/sr1wq7.jpg

http://img91.imageshack.us/img91/2471/sr2ek2.jpg

http://img60.imageshack.us/img60/6335/sr3bz6.jpg

Red Rock - right in front of 'Springtide Residences'

http://img149.imageshack.us/img149/790/redrockmr1.jpg

[nazrey]

Housing project :
by forever consern
Casa Prima, Seberang Jaya

http://i4.photobucket.com/albums/y150/forever_consern/P6290787.jpg

Cassia Resort, Raja Uda

http://i4.photobucket.com/albums/y150/forever_consern/P6290791.jpg

http://i4.photobucket.com/albums/y150/forever_consern/P6290790.jpg

A mini but beautiful housing project in teluk kumbar
by built_in_me

http://img165.imageshack.us/img165/4803/tkuk1px1.jpg

http://img241.imageshack.us/img241/7923/tkuk2yq0.jpg

Suites At The Waterside

http://img295.imageshack.us/img295/5994/suites1eq6.jpg

http://img172.imageshack.us/img172/6727/suitesprom3iv5.jpg

STERLING HOMES - Paya Terubong

http://img401.imageshack.us/img401/7568/sterlinghomes1ms9.jpg

Feringgi Hills :

http://img60.imageshack.us/img60/7844/feringgihills2vl4.jpg

[re_mac]

hy..pen,
do you know the selling price of kelisa height apartment?
plz do tell me if u kno...tks.:?

[built_in_me]

hi nazrey....any idea bout the malton's 36 storey condo project in cantonment road.....

[nazrey]

Sorry! No idea here!..

[Greg]

The One
Penang Cyber City

http://i237.photobucket.com/albums/ff227/jeff1983/TheOne.jpg

Update:
by pen

http://i237.photobucket.com/albums/ff227/jeff1983/070620081673.jpg


Webpage http://www.idealhomes.cc/theone.html

[nazrey]

The Light Waterfront (http://www.thelightwaterfront.com/)

http://img33.picoodle.com/img/img33/4/4/13/f_01m_899bd69.jpg

http://img37.picoodle.com/img/img37/4/4/13/f_02m_80014a0.jpg

Update:
by budak

http://img34.picoodle.com/img/img34/4/7/13/f_01m_2c6faac.jpg

by @Dmateur

http://farm4.static.flickr.com/3052/2600276773_fc5ef28889_b.jpg

[nazrey]

PENANG TIMES SQUARE (http://www.penangtimessquare.com/)

http://i47.photobucket.com/albums/f157/adam_king/PICT5215.jpg

by Magician

http://lh5.ggpht.com/epchandavid/SEf-uHURgSI/AAAAAAAAAHQ/zBnDCnP7-Rs/s800/IMG_1217.JPG

http://lh4.ggpht.com/epchandavid/SEf-_l_yLFI/AAAAAAAAAG8/qwgZ4y09yLA/s800/IMG_1211.JPG

[khoojyh]

Light Waterfront project looks nice !!!

[built_in_me]

always nuthin is for sure...freakin annoyin.....and freakin frustrating....maybe the actual problem worldwide and esp malaysia is, people are letting all the old generation to rule the country and all the power greedy assholes...i think that is the f**kin problem with the country and everywhere..don't u all think that actually it's f**kin absurd everywhere the mentally deranged oldies are ruling and always ending up in problem...no creative mind......i think we all fail to realize this...why aren't there young bright intelligent and brilliant people ruling countries and nations.....i think it's the main mistake everywhere......should let the slightly younger and smarter generation to rule the country....all these lau lang lau lang in the politics only know how to fight , argue , be sentimental and emotional and waste time talking and debating....there is hardly any action....people should think about all these......older people ussually hardly have vision...all they wanna do is to earn money and settle down and live a relaxing life.......they don't actually think bout modernization and advancement of living....younger generations with visions should fight for their right and voice out about their potentials.......

[Fly2Bacolod]

The Light Waterfront (http://www.thelightwaterfront.com/)

http://img33.picoodle.com/img/img33/4/4/13/f_01m_899bd69.jpg

http://img37.picoodle.com/img/img37/4/4/13/f_02m_80014a0.jpg

Update:
by budak

http://img34.picoodle.com/img/img34/4/7/13/f_01m_2c6faac.jpg

by @Dmateur

http://farm4.static.flickr.com/3052/2600276773_fc5ef28889_b.jpg
^^
cool!:)

[nazrey]

The Cove
Completed
by azh_ar1605

http://farm4.static.flickr.com/3236/2668350160_0eedac1615_b.jpg

[nazrey]

PENANG TIMES SQUARE (http://www.penangtimessquare.com/)

http://i47.photobucket.com/albums/f157/adam_king/PICT5215.jpg

by forever consern

http://i4.photobucket.com/albums/y150/forever_consern/P8100798.jpg

[nazrey]

SKY HOME

http://www.penang-property.com/apartment/skyhome/nightviews.jpg

http://www.penang-property.com/apartment/skyhome/skyhome.jpg

by forever consern

http://i4.photobucket.com/albums/y150/forever_consern/P8100804.jpg

[nazrey]

Mutiara Parade Mall
Near Komtar Tower

http://img440.imageshack.us/img440/3061/mutiaraparade13hh3.gif

1st Avenue
(formerly known as Lion Mutiara Parade)

Update
by forever consern

http://i4.photobucket.com/albums/y150/forever_consern/P8100801.jpg

[nazrey]

The Light Waterfront
by rizalhakim

http://a268.ac-images.myspacecdn.com/images01/47/l_4d8c7ddbaaa14b0938edc35b7c61877b.jpg

http://a719.ac-images.myspacecdn.com/images01/27/l_3dde2860e0abe838726b58272e33536e.jpg

http://a273.ac-images.myspacecdn.com/images01/11/l_ac5ba6f6f67be2c7a422749405253048.jpg

http://a55.ac-images.myspacecdn.com/images01/18/l_b17d25e1b28d5b4d2b7b8220d40a7486.jpg

http://a551.ac-images.myspacecdn.com/images01/16/l_d5a7b5084923d9cf8585b87bf970bdbe.jpg

[nazrey]

KELAWEI VIEW

http://img34.picoodle.com/img/img34/8/6/24/f_523m_130025e.jpg

by pen

http://i237.photobucket.com/albums/ff227/jeff1983/260820081949.jpg

[nazrey]

The One
Penang Cyber City (U/C)
Official Website (http://www.idealhomes.cc/theone.html)
Self-Contained ICT Business Hub
MSC Status Building with Future-Proof Technology
Administrative Capital of E-Community
World Class Business Venue with Accommodation
Incubation Center & Data Center

http://i237.photobucket.com/albums/ff227/jeff1983/TheOne.jpg

http://www.idealhomes.cc/the-one/images/map/site-map1.jpghttp://www.idealhomes.cc/the-one/images/map/site-map2.jpg

http://farm4.static.flickr.com/3059/2719152750_1ca5fb00c1_o.jpg

http://farm4.static.flickr.com/3293/2719154948_fc25f13f94_o.jpg

http://farm4.static.flickr.com/3049/2719149680_b067092157_o.jpg

http://farm4.static.flickr.com/3289/2719151534_0b6cdc74f0_o.jpg

[nazrey]

SKY HOME

http://www.penang-property.com/apartment/skyhome/nightviews.jpg

by josephltt

http://img27.picoodle.com/data/img27/3/9/4/f_02m_b967468.jpg

[nazrey]

SPRINGTIDE RESIDENCES

http://img33.picoodle.com/img/img33/4/2/12/f_04m_1c3420d.jpg

by josephltt

http://img32.picoodle.com/data/img32/3/9/4/f_01m_cf2432b.jpg

[erikko]

The One
Penang Cyber City (U/C)
Official Website (http://www.idealhomes.cc/theone.html)
Self-Contained ICT Business Hub
MSC Status Building with Future-Proof Technology
Administrative Capital of E-Community
World Class Business Venue with Accommodation
Incubation Center & Data Center

http://i237.photobucket.com/albums/ff227/jeff1983/TheOne.jpg

http://www.idealhomes.cc/the-one/images/map/site-map1.jpghttp://www.idealhomes.cc/the-one/images/map/site-map2.jpg

http://farm4.static.flickr.com/3059/2719152750_1ca5fb00c1_o.jpg

http://farm4.static.flickr.com/3293/2719154948_fc25f13f94_o.jpg

http://farm4.static.flickr.com/3049/2719149680_b067092157_o.jpg

http://farm4.static.flickr.com/3289/2719151534_0b6cdc74f0_o.jpg



that property is a futuristic in nature, mind if i blog it sometime:lol::cheers:

[nazrey]

Penang Times Square
Website (http://penangtimessquare.com/)
by pikopita (http://flickr.com/photos/petreksw/sets/72157607123252649/)

http://farm4.static.flickr.com/3220/2829528259_dc23b5913e_o.jpg

http://farm4.static.flickr.com/3294/2829528257_86259356ca_o.jpg

[nazrey]

PENANG TIMES SQUARE (http://www.penangtimessquare.com/)

http://i47.photobucket.com/albums/f157/adam_king/PICT5215.jpg

by proud_penangite

http://img33.picoodle.com/data/img33/3/9/11/f_03m_40b3b1f.jpg

http://img34.picoodle.com/data/img34/3/9/12/f_04m_f6bc3e4.jpg

[nazrey]

INFINITY

Infinity is a newly launched luxury condominium project development. Infiniti range of facilities include a host of attractive features with modern amenities and five star luxuries make the condo intensely desirable. Excellent security with accessed through the use of proximity security card readers and private lift lobby. The Infiniti Condominium is located in Tanjung Bungah which is a suburb of the upper class residential area that perfectly matched your status.

http://www.hunzagroup.com/infinity/infiniti01.jpg

Update:
by kubundu

http://i284.photobucket.com/albums/ll23/kubundu/infinityedit.jpg

[nazrey]

Hard Rock Hotel
Originally Posted by jieloe

http://www.hardrockhotels.net/penang/images/media-logo.jpg

http://www.hardrockhotels.net/penang/images/header_03.jpg

http://www.hardrockhotels.net/penang/images/header_04.jpg

Update :
by kubundu

http://img27.picoodle.com/data/img27/3/9/12/f_06m_f2fd555.jpg

[nazrey]

Surin

http://i237.photobucket.com/albums/ff227/jeff1983/surin.jpg

Update :
by kubundu

http://i284.photobucket.com/albums/ll23/kubundu/surin1edit.jpg

[built_in_me]

niceee....

[nazrey]

KELAWEI VIEW

http://img34.picoodle.com/img/img34/8/6/24/f_523m_130025e.jpg

by kubundu

http://i284.photobucket.com/albums/ll23/kubundu/kelaweiview.jpg

[pen]

1st Avenue Shopping Mall

http://i237.photobucket.com/albums/ff227/jeff1983/160920082015.jpg

http://i237.photobucket.com/albums/ff227/jeff1983/160920082013.jpg

[nazrey]

KELAWEI VIEW @ Gurney drive
by Venycal

http://farm4.static.flickr.com/3124/2877911001_e9a38f6072_o.jpg

[built_in_me]

uhhhh......not kelawei view ler......old picture or what.....construction of THE MAYFAIR.....

[nazrey]

I was edited! thanx to Venycal..

[nazrey]

THE SUITES AT WATERSIDE
LUXURY SERVICE APARTMENTS AT THE HEART OF SERI TANJUNG (http://www.skyscrapercity.com/showthread.php?t=430522&page=3)

http://i237.photobucket.com/albums/ff227/jeff1983/s1.jpg

160 luxurious 1- and 2- bedroom service apartments built around Waterside and the Marina. The Suites offer all the amenities of modern living enhanced by sweeping views across the Straits of Malacca and the Andaman Sea. At Waterside, the vibrant energy and colour of seafront living is brought to life by its unique inner city festive marina concept.

http://img39.picoodle.com/img/img39/6/11/2/f_SeriTanjungm_664de14.jpg

The sea-fronting Seri Tanjung Pinang project in Tanjung Tokong by E & O
Property Development Bhd has sold over 80% of their properties since 2005.

UPDATE :
by pen

http://i237.photobucket.com/albums/ff227/jeff1983/260820081954.jpg

http://i237.photobucket.com/albums/ff227/jeff1983/260820081956.jpg

[nazrey]

1st Avenue Shopping Mall
Beside Komtar Tower
by forever consern

http://i4.photobucket.com/albums/y150/forever_consern/DSC00054-1.jpg

http://i4.photobucket.com/albums/y150/forever_consern/DSC00051.jpg

http://i4.photobucket.com/albums/y150/forever_consern/DSC00036.jpg

[nazrey]

NEW PROJECT
FERRINGHI HEIGHTS
Batu Ferringhi, Penang. Malaysia.

http://penang-property.com/apartment/ferringhi_heights/buildingFinal.jpg

Ferringhi Heights is the latest luxury development project which features an enclave of one block of condominium and semi-detached house. Towering majestically on elevated freehold land Ferringhi Height enjoys a spectacular seaview. Sea facing, bright and breezy rooms best describe Ferringhi Heights. Public transportation, internet-cafe, fine dinning, groceries shopping and entertainment outlets are all within walking distance. With such close proximity to excellent amenities, true convenience is within your doorstep. The immediate landmark are the Shangri-La's Hotel and the popular tourist night market.

[nazrey]

NEW PROJECT
10 ISLAND RESORT
Batu Ferringhi, Penang. Malaysia.

http://penang-property.com/apartment/island_resort10/islandresort_NView.jpg

Island Resort is a resort themed development with the spectacular ocean - fronting hillside setting amidst the lush greenery and the natural terrain. Island Resort enjoys unsurpassed view of the Indian Ocean and a peaceful environment, all in the comfort of their own homes.

[nazrey]

Pearl Regency

http://img392.imageshack.us/img392/6293/75948968kt5.jpg

http://img236.imageshack.us/img236/2943/66588753uy5.jpg

Update:
by hodaka

http://img32.picoodle.com/img/img32/3/10/2/f_04m_5bb0bf7.jpg

http://img34.picoodle.com/img/img34/3/10/2/f_05m_6e8a219.jpg

[nazrey]

Platino

http://img38.picoodle.com/img/img38/9/9/22/f_platino1m_2c588e8.jpg

by hodaka

http://img03.picoodle.com/img/img03/3/10/2/f_06m_86f1631.jpg

[nazrey]

SKY HOME

http://www.penang-property.com/apartment/skyhome/nightviews.jpg

by hodaka

http://img142.imageshack.us/img142/7398/cimg0949vl5.jpg

[built_in_me]

SPRINGTIDE RESIDENCES

http://img33.picoodle.com/img/img33/4/2/12/f_04m_1c3420d.jpg

by josephltt

http://img32.picoodle.com/data/img32/3/9/4/f_01m_cf2432b.jpg

whaaaattttt....this is by me myself and i.........

[built_in_me]

SPRINGTIDE RESIDENCES

http://img33.picoodle.com/img/img33/4/2/12/f_04m_1c3420d.jpg

by josephltt

http://img32.picoodle.com/data/img32/3/9/4/f_01m_cf2432b.jpg

SKY HOME

http://www.penang-property.com/apartment/skyhome/nightviews.jpg

by josephltt


http://img27.picoodle.com/data/img27/3/9/4/f_02m_b967468.jpg

huhhh....this is by me alsoooo....i'm proud hehe......springtide looks stunning and tall and tough.....even in kl i dont see such a nice condo.......those in mont kiara are tall only but looks like crappy boxy....

[nazrey]

Suntech
by Adam Tan

http://i47.photobucket.com/albums/f157/adam_king/Suntech.jpg

Update:
by venycal

http://farm4.static.flickr.com/3089/2885410311_ef4221abf5_o.jpg

http://farm4.static.flickr.com/3141/2886247414_e6d3276c11_o.jpg

http://farm4.static.flickr.com/3228/2886242388_1947b8e048_o.jpg

[nazrey]

by venycal

http://farm4.static.flickr.com/3186/2886242900_d03aeb00b9_o.jpg

[nazrey]

KELAWEI VIEW

http://img34.picoodle.com/img/img34/8/6/24/f_523m_130025e.jpg

by venycal

http://farm4.static.flickr.com/3124/2877911001_e9a38f6072_o.jpg

http://farm4.static.flickr.com/3164/2877911157_e483223053_o.jpg

[nazrey]

Times Square

http://img02.picoodle.com/img/img02/7/1/15/f_IMG026i_49f7m_2111e37d.jpg

Update:
by proud_penangite

http://farm4.static.flickr.com/3086/2912650886_7d1f1a9129_b.jpg

http://farm4.static.flickr.com/3064/2912651668_5fcfc1f657_b.jpg

[nazrey]

Gurney Paragon

http://www.dream-homes.com.my/cmsfiles/image/gurneyparagonbanner.jpg

http://penang-property.com/apartment/gurney_paragon/gurneyp_cityview.jpg

http://penang-property.com/apartment/gurney_paragon/pool.jpg

http://penang-property.com/apartment/gurney_paragon/gp_pool.jpg

Update:
by QooJ

http://farm4.static.flickr.com/3217/2968576199_72903f333a_o.jpg

[nazrey]

Infinity

http://www.hunzagroup.com/infinity/infiniti01.jpg

Progress Updates:
as at July 08

http://www.hunzagroup.com/infinity/pic_infinity_update_july.jpg

[jams001]

really awesome great wonderful....beautiful view hhmm

[nazrey]

SKY HOME

http://www.penang-property.com/apartment/skyhome/nightviews.jpg

by forever consern

http://farm4.static.flickr.com/3038/3008692992_4b3d17602e.jpg?v=0

[nazrey]

KELAWEI VIEW

http://img34.picoodle.com/img/img34/8/6/24/f_523m_130025e.jpg

by forever consern

http://farm4.static.flickr.com/3143/3008692984_3b36494133.jpg?v=0

[nazrey]

1st Avenue
Near Komtar Tower

http://img440.imageshack.us/img440/3061/mutiaraparade13hh3.gif

Update
by forever consern

http://farm4.static.flickr.com/3143/3008697552_75751f6945.jpg?v=0

[nazrey]

1st Avenue
Update:
by forever consern

http://i4.photobucket.com/albums/y150/forever_consern/DSC00227-2.jpg

[nazrey]

Platino

http://img38.picoodle.com/img/img38/9/9/22/f_platino1m_2c588e8.jpg

Update:
by forever consern

http://i4.photobucket.com/albums/y150/forever_consern/DSC00230-1.jpg

[nazrey]

The Palazia

http://idealhomes.cc/images/downloads/wallpaper%20ideal/1024/regency3%20.jpg

Update:
by forever consern

http://i4.photobucket.com/albums/y150/forever_consern/DSC00236-2.jpg

http://i4.photobucket.com/albums/y150/forever_consern/DSC00235-2.jpg

[nazrey]

The CEO
Office Tower, Bukit Jambul

http://idealhomes.cc/the-ceo/images/designconcept_07.jpg
http://idealhomes.cc/the-ceo/images/designconcept_10.jpg

http://idealhomes.cc/the-ceo/images/home_06.jpg
http://idealhomes.cc/the-ceo/images/home_09.jpg

http://img36.picoodle.com/img/img36/4/3/20/f_01m_0bc1588.jpg

Update:
by forever consern

http://i4.photobucket.com/albums/y150/forever_consern/DSC00233-2.jpg

[nazrey]

PIER AT WELD QUAY

http://www.penangport.gov.my/images/09_big.jpg

by kubundu

http://i284.photobucket.com/albums/ll23/kubundu/cruisejune08179.jpg

[built_in_me]

nice....

[nazrey]

The Palazzia Lifestyle Commercial Centre & Ideal Regency Condo
Update:
by pen

http://i237.photobucket.com/albums/ff227/jeff1983/091120082476.jpg

[nazrey]

Platino

http://img38.picoodle.com/img/img38/9/9/22/f_platino1m_2c588e8.jpg

Update:
by hodaka

http://img98.imageshack.us/img98/7875/cimg1030kq1.jpg

http://img511.imageshack.us/img511/9194/cimg1033ey7.jpg

[nazrey]

The CEO
Office Tower, Bukit Jambul

http://img36.picoodle.com/img/img36/4/3/20/f_01m_0bc1588.jpg

Update:
by hodaka

http://img522.imageshack.us/img522/7271/cimg1058qz9.jpg

[**RS**]

Nice projects. Love Penang!

[nazrey]

Penang Times Square by Ivory

http://i47.photobucket.com/albums/f157/adam_king/PICT5215.jpg

Update:
by kubundu

http://i284.photobucket.com/albums/ll23/kubundu/tree.jpg

http://i284.photobucket.com/albums/ll23/kubundu/fountain.jpg

Phase II...
by hodaka

http://img262.imageshack.us/img262/9979/cimg1105sd4.jpg

http://img505.imageshack.us/img505/1360/cimg1107rz8.jpg

[nazrey]

1st Avenue
Near Komtar Tower

http://img440.imageshack.us/img440/3061/mutiaraparade13hh3.gif

Update
by hodaka

http://img81.imageshack.us/img81/3352/cimg1092ru9.jpg

http://img146.imageshack.us/img146/7323/cimg1089ub7.jpg

[nazrey]

Gurney Paragon

http://img39.picoodle.com/img/img39/9/7/29/f_29m_23f3d69.jpg

http://www.dream-homes.com.my/cmsfiles/image/gurneyparagonbanner.jpg

http://penang-property.com/apartment/gurney_paragon/gurneyp_cityview.jpg

http://penang-property.com/apartment/gurney_paragon/gp_pool.jpg

Update:
by hodaka

http://img123.imageshack.us/img123/5838/cimg1175fc6.jpg

http://img116.imageshack.us/img116/3906/cimg1178ch8.jpg

[nazrey]

Harmony Residence

http://img116.imageshack.us/img116/5481/30544818tn0.png

Update:
by built_in_me

http://img146.imageshack.us/img146/2641/pc010065lc9.jpg

[nazrey]

PENANG TIMES SQUARE and EAST WEST TOWER & MALL

http://i4.photobucket.com/albums/y139/protoeden2/holdingsDK.jpg

by hodaka

http://img111.imageshack.us/img111/8728/cimg1195dk4.jpg

http://img244.imageshack.us/img244/1029/cimg1199kp6.jpg

[nazrey]

The L.O.O.C. Residence

http://img03.picoodle.com/img/img03/3/12/12/f_03m_b6f207b.jpg

Gurney Drive
by QooJ

http://farm4.static.flickr.com/3217/2968576199_72903f333a_o.jpg

by hodaka

http://img519.imageshack.us/img519/241/cimg1053kk1.jpg

http://img123.imageshack.us/img123/9765/cimg1183nw8.jpg