New Developments in TANJUNG TOKONG [Archive]

baqthier

June 14th, 2004, 05:13 PM

http://property.nst.com.my/Weekly/PropertyTimes/News/Inthenews/20040402165919/Article/

New life for Tanjung Tokong
By G. Umakanthan

More than 30 years after the Urban Development Authority (UDA) built highrise low-cost flats in the fishing village of Tanjung Tokong, public listed UDA Holdings Bhd is returning to the area to build a heritage settlement of lowrise dwellings and, across a main road opposite this area, an upmarket mixed development.

The traditional enclave, called Kampung Warisan, is home to the famous Tua Peh Kong Temple and Masjid Tuan Guru. It has remained idle amidst a well-developed zone that includes Tanjung Bungah, Fettes Park and Gurney Drive.

All this is set to change.
UDA Holdings and Udaland (North) Sdn Bhd expect to complete longhouses to relocate 833 families living there so as to start work on a modern settlement of five-storey, low- and medium-cost apartments on 26.1 acres to be called Warisan Tanjung.

?This development, with all the amenities for improved socio-economic living, will retain the ambience and character of the old kampung. We will build several gazebos or serambi and provide adequate landscaped open areas,? UDA Holdings managing director Datuk Zahari Omar said.

?Warisan Tanjung will have wider road frontage, modern sewerage system, mosques, a wet market, designated hawker areas and the traditional kedai runcit (sundry shop) interspersed with the serambi, where people can relax over teh-tarik and lepak,? he said.

The settlement will have a density of 60 units per acre, as opposed to the present cramped conditions of 120 units per acre. In all, 900 dwelling units will be built. The 310 temporary occupation licence holders in the area already identified would be given units free of charge.

The others, who are tenants in the area and registered in a survey some time ago, will be offered the 650sq ft three-bedroom units at RM45,000 each. The leasehold land belongs to UDA and the development will take six
years to complete.

?We can easily build cheaper by going highrise. However, that is not our intention, for UDA also has a social obligation to the people. Our aim is to maintain the kampung character of the locality to enable the people to enjoy a better quality of life and to benefit from owning a property,? Zahari said.

He added that an apartment with three bedrooms in the vicinity would fetch RM110,000 to RM130,000 today.

UDA started its first project in the area, 12km from the heart of George Town, in 1972, building 1,176 low-cost flats on 12.3 acres. Nothing further was done in Tanjung Tokong after that.

Zahari said UDA?s plan is to create a comprehensive urban lifestyle for the people of Kampung Warisan and the adjoining areas to enhance their socio-economic well- being and improve the infrastructural needs of Tanjung Tokong.

The development of Warisan Tanjung would result in UDA suffering a nett loss of RM16.5 million. While the company considers this development a social contribution, it would recoup the money from an adjacent upmarket development.

?In compensation, we have been provided with 54 acres of rock-filled coastal leasehold land by the State Government, located across the road from Warisan Tanjung. This is where we will build Tanjung West,? Zahari
said.

Tanjung West will feature stylish shop-offices, medium to high-end condominiums and superlink houses - 1,562 units in all taking up 41.57 acres, with landscaped open areas, common facilities and amenities occupying the rest of the space.

This development, to be carried out over five years from the third quarter, will have a gross development value of RM365 million.

The condos will be launched first, mostly three-bedroom units with built-up sizes of 1,100sq ft to 1,200sq priced in the region of RM280,000, followed by the development of shop-offices.

Towards the close of the year, UDA will launch the superlink houses. Numbering 102 units, they will boast spacious plot dimensions of 24ft by 70ft. The price has not been determined.

?The look and feel of Tanjung West will be a fusion of the old and new, a myriad influences that make Penang unique. For example, the fa?ade of the condos will incorporate colonial and ethnic influences blended with modern streetscapes and waterways,? Zahari said.

?With a density of only 23 units per acre for a medium- cost condo unit, as opposed to the normal 38 units per acre, Tanjung West is set to be one of the most sought-after properties in Penang.?

Tanjung Tokong is today the most under-developed part of land-scarce Penang island, even though it is close to the famous Gurney Drive and the beaches of Batu Ferringhi.

TYW

June 15th, 2004, 10:19 AM

nice find baq!! hope to see renderings lah....

baqthier

August 11th, 2004, 04:59 PM

http://www.ivory.com.my/projects/tp_mall.htm

!!!!!!!!!!!!!!!!!
Tanjung Park Tourist Mall

http://www.ivory.com.my/images/logos/tp_mall_logo.gif
http://www.ivory.com.my/images/project_images/tp_map.jpg
http://www.ivory.com.my/images/project_images/tp_mall_02.jpg
http://www.ivory.com.my/images/project_images/tp_mall_01.jpg

Tanjung Park Tourist Mall

The unique RM350 million Tanjung Park Mall is a theme tourist destination specifically designed to promote tourism development in Penang.

Upon completion Tanjung Park Mall will become a one-stop center for visitors to Penang Island to obtain comprehensive information about Penang's attractions. As Part of the project's theme development objective, the mall will also include established food outlets featuring a variety of international and domestic cuisine.

Tanjung Park Tourist Mall Location - Jalan Tanjung Tokong

Facts
Tenure of land Freehold
Land use Commercial
Location Jalan Tanjung Tokong
Development cost RM 350 million
Construction Status Planning

The 170-meter street frontage of the mall will incorporate cafe seating, display and exhibition plaza, water fountains and extensive landscaping. The mall will include a small office tower reserved for the developer's own use hence ensuring quality design and construction of the mall.

TYW

August 13th, 2004, 06:04 PM

no news about that lah.....

i think next project by ivory will be the view, then herb village

baqthier

November 18th, 2004, 12:14 PM

Any tall proposals for TT?

SEED

November 21st, 2004, 04:12 PM

Ermm~ if i still remember~ that tourist mall dint even start yet while i waz there~ they throw all the construction material(Tanjong Park nye~) on that land that will be the mall~ soo yeh.... and behind Island Plaza~ guess they r buildin somethin there~ not sure wat it is~ TYW?? Pablo??? and on the hill site too~ some apartment under construction~

TYW

December 3rd, 2004, 12:18 PM

i saw some movable cranes there yesterday, dunno if they are starting to build it yet.

the one on the hill still looks the same. no change so far

tanjung pinang, well, i have some pics, maybe i'll post them tonight;)

Bad news is Island Plaza is closing down:(

TYW

December 4th, 2004, 10:54 AM

taken from Island Plaza
http://img.photobucket.com/albums/v198/gustdz/TanjungPinang1.jpg

the shadow is IP Tower's
http://img.photobucket.com/albums/v198/gustdz/TanjungPinang3.jpg

are they building something already??
http://img.photobucket.com/albums/v198/gustdz/TanjungPinang2.jpg

sugizm

December 4th, 2004, 11:25 AM

Bad news is Island Plaza is closing down:(
ar?? closing down? then.. there will be no shopping mall in tanjung tokong area already...?

SEED

December 4th, 2004, 03:48 PM

wow~ island plaza gone~ now wat they gonna do wit that buildin??? demolish?? men... thats crap~ anyway~ that Tanjong Pinang pics still loook the same while i waz in penang earlier this year~ not much change until now~ i think they are goin slowly~ donno wat they r buildin there.... :? eh~ where did u go 2 to take those pic wan ah??? :D

szehoong

December 5th, 2004, 10:39 AM

Pablo

December 5th, 2004, 02:17 PM

Why on earth would they wanna close Island Plaza? Isn't that like one of the happening places with cafes (Dome's, Starbucks, Coffee Bean etc...etc...) and cinemas in Penang? .....I still think it is stupid to close a cash-cow

Izzit they wanna close it temp for renovation? :?

I don't know wheter there is Dome Cafe inside Island Plaza or not, but Starbucks and Coffe Bean r there;)

The mega Pavillion Cinema in Island Plaza was closed down begining of the year:cry:

If i'm not mistaken..The island plaza is not going to close down..only the supermaket inside the plaza, Super Tanjung is closing down..Super Tanjung and Super Komtar r under the same company. Super Komtar in Komtar also going to close down liao:cry: But Super Komtar was take over by other comapany, i don't know which comapany was taken over it:D

The government must do something to the Island Plaza..only some ppl shop inside this plaza...TERUK lah inside :sly: :sly: :sly: :down:

baqthier

December 5th, 2004, 02:41 PM

Huh? GSC close down..the one with 15 cinemas?

Pablo

December 5th, 2004, 02:49 PM

Huh? GSC close down..the one with 15 cinemas?

Sorry Baq..it is not GSC, it is Mega pavillion. I typed wrongly in the previous post..i have edited it liao..sorry ya:D

baqthier

December 5th, 2004, 02:51 PM

oh hehe..if GSC tutup sure malu and impossible :D

szehoong

December 5th, 2004, 07:31 PM

I don't know wheter there is Dome Cafe inside Island Plaza or not, but Starbucks and Coffe Bean r there;)

The mega Pavillion Cinema in Island Plaza was closed down begining of the year:cry:

If i'm not mistaken..The island plaza is not going to close down..only the supermaket inside the plaza, Super Tanjung is closing down..Super Tanjung and Super Komtar r under the same company. Super Komtar in Komtar also going to close down liao:cry: But Super Komtar was take over by other comapany, i don't know which comapany was taken over it:D

The government must do something to the Island Plaza..only some ppl shop inside this plaza...TERUK lah inside :sly: :sly: :sly: :down:

I am sure Dome Cafe is there cos I've eaten there before :D

In Feb 2002.....I worked at Super Tanjung for a few days ( doing some video shooting for Johnson & Johnson Clean & Clear products ;) ) and at that time Island Plaza is considered one of the classier mall in Penang. That time Gurney Plaza just opened not too long and there isn't much nice shops there compared to Island Plaza with boutiques like BritishIndia and cafes like Coffee Bean, Domes and Starbucks ( Starbucks is U/C when I was there ) ;)

szehoong

December 5th, 2004, 07:32 PM

Huh? GSC close down..the one with 15 cinemas?

GSC is at Gurney Plaza lah not Island Plaza hehehe...... :lol:

Somemore the GSC there is very cun! .....IMO nicer than Midvalley's :okay:

sugizm

December 5th, 2004, 08:37 PM

I am sure Dome Cafe is there cos I've eaten there before :D
ya, dome is beside britishindia.

ohh just the super tanjung is closing down.. i thot the whole plaza.. hope 'sui wah' supermarket will take over lahh :D:D if they can take over komtar's super tanjung even better..

TYW

December 6th, 2004, 06:09 AM

I don't know wheter there is Dome Cafe inside Island Plaza or not, but Starbucks and Coffe Bean r there;)

The mega Pavillion Cinema in Island Plaza was closed down begining of the year:cry:

If i'm not mistaken..The island plaza is not going to close down..only the supermaket inside the plaza, Super Tanjung is closing down..Super Tanjung and Super Komtar r under the same company. Super Komtar in Komtar also going to close down liao:cry: But Super Komtar was take over by other comapany, i don't know which comapany was taken over it:D

The government must do something to the Island Plaza..only some ppl shop inside this plaza...TERUK lah inside :sly: :sly: :sly: :down:

maybe only super tanjung will be closed but island plaza is also very empty?? hopefully it is only super tanjung though:(

something should be done to the former go-kart cercuit. i like that area.....

TYW

December 6th, 2004, 06:10 AM

TYW

December 6th, 2004, 06:16 AM

Huh? GSC close down..the one with 15 cinemas?

12 screens only lah:D

http://img.photobucket.com/albums/v198/gustdz/GSCGurneyPlaza1.jpg

Pablo

December 7th, 2004, 03:40 PM

I am sure Dome Cafe is there cos I've eaten there before :D

In Feb 2002.....I worked at Super Tanjung for a few days ( doing some video shooting for Johnson & Johnson Clean & Clear products ;) ) and at that time Island Plaza is considered one of the classier mall in Penang. That time Gurney Plaza just opened not too long and there isn't much nice shops there compared to Island Plaza with boutiques like BritishIndia and cafes like Coffee Bean, Domes and Starbucks ( Starbucks is U/C when I was there ) ;)

Yupe..island Plaza is one of the classier mall in Penang..i love it very much. But, look at it now..it is empty inside..I wonder how the owner of the shop lot can tahan:eek:..

Gurney Plaza still look classy, and there r many crowd inside. Just some shoplots were closed down because of high rental. But, new shop lots will take over the old shop lots very fast:okay:Nowadays, Gurney Plaza is classier than Island Plaza..there r many boutiques which Island Plaza don't hv, while gurney Plaza have it;) And Gurney Plaza has more cafe than Island Plaza liao..

I guess there r too many big shopping malls around that area. One Stop is one of the shopping mall in penang which is dying fast:( It is too near to the Gurney Plaza like Island Plaza.

Pablo

December 7th, 2004, 03:45 PM

ya, dome is beside britishindia.

ohh just the super tanjung is closing down.. i thot the whole plaza.. hope 'sui wah' supermarket will take over lahh :D:D if they can take over komtar's super tanjung even better..

U love '' sui wah'' ah:D...actually, it is a great idea too..but sui wah comapny has many branch in Penang liao..If Sui wah company really take over Super Komtar..they better change the '' Sui Wah'' name, not very suitable..hehehehe

sugizm

January 18th, 2005, 08:14 AM

U love '' sui wah'' ah:D...actually, it is a great idea too..but sui wah comapny has many branch in Penang liao..If Sui wah company really take over Super Komtar..they better change the '' Sui Wah'' name, not very suitable..hehehehe
oh yea i love sui wah :D

sunshine and lai lai all belongs to sui wah im sure they will change the name for super komtar.

TYW

January 19th, 2005, 07:39 AM

wah!! enough Suiwah already!!!

how about IKEA??:D:D

Magician

January 19th, 2005, 11:51 AM

Why not turn the Tanjong Tokong area to a theme park like Disney land.... Warner World... hahaha...

sugizm

January 19th, 2005, 09:11 PM

wah!! enough Suiwah already!!!

how about IKEA??:D:D
suiwah ok wat~~:D

haha wat do u think if IKEA comes to penang?

sugizm

January 19th, 2005, 09:13 PM

Why not turn the Tanjong Tokong area to a theme park like Disney land.... Warner World... hahaha...
i prefer they use the money to build tranportation infrastructure +_+

TYW

January 20th, 2005, 05:20 AM

suiwah ok wat~~:D

haha wat do u think if IKEA comes to penang?

too many Suiwah / Sunshine in Penang already lah. i wanna see something different

i think IKEA will close down when it comes to Penang. i got a feeling penangites prefer courts mamoth :bash:

SEED

January 22nd, 2005, 06:15 PM

u sure more people prefer mamoth??? ma sis furniture and her friends in penang are all IKEA(most)~ maybe the younger people in penang will prefer IKEA furniture~ :D why dont they build one in Tj Tokong~ hehe~ :D (not~)

sugizm

January 23rd, 2005, 08:06 AM

i prefer IKEA to be in coastal highway area, where the TESCO is located. enuff of traffics in georgetown area n tj tokong area already. only if... IKEA wants to come lah..:D

TYW

January 23rd, 2005, 03:20 PM

Pablo

January 23rd, 2005, 06:23 PM

SEED

January 23rd, 2005, 07:04 PM

men~ thats great~ soo~ any idea where the locations will be if IKEA open a branch in Penang??? mainland or... ?? and where do u think will be the best locations if they open a branch in penang??

TYW

January 24th, 2005, 05:49 AM

Courts Mamoth...:eek:..u sure..i got a feeling penangits prefer SEC, Ban Heng Li...

But in my opinion IKEA won't close down if they have a branch in Penang...i read an artical said that they r planning to open another branch in Penang or JB...;)

What's Ban Heng Li?? haven't heard...sounds like the name of a bank LOL:D

yeah, i've read that article too. i think someone posted it in the forums before;)

TYW

January 24th, 2005, 05:52 AM

men~ thats great~ soo~ any idea where the locations will be if IKEA open a branch in Penang??? mainland or... ?? and where do u think will be the best locations if they open a branch in penang??

i would like IKEA to be on the mainland so there's more life over there. but i think they will make better business on the island;)

the best place on the island....i would suggest near Gold Coast and the bridge. there's a large piece of land over there:D

TYW

January 24th, 2005, 05:53 AM

BTW, the only IKEA in Malaysia right now is in Mutiara Damansara???:?:?

SEED

January 27th, 2005, 09:30 AM

yeh~ good idea men~ near gold coast and the bridge area~ :D

Pablo

January 27th, 2005, 05:33 PM

Yeah...i think the best place to built IKEa is in Gold Coast;)But the land among there is a bit expensive le:D

SEED

January 28th, 2005, 08:42 AM

hah?? expensive... wat bout near E-gate~ on the Jelutong freeway(or highway) dont tell me the land there tooo are expensive~ :D

TYW

February 13th, 2005, 11:59 AM

still like that....
http://img.photobucket.com/albums/v246/tanyw/TanjungPinang5.jpg

SEED

February 13th, 2005, 07:40 PM

i think since the tsunami stuff.... i dont think much developer or people will show much interest there tou~ wat u think???

TYW

February 14th, 2005, 04:49 AM

i think since the tsunami stuff.... i dont think much developer or people will show much interest there tou~ wat u think???

i've read articles about this. it said that the property sector was slightly affected but it won't be such a big impact.

SEED

February 14th, 2005, 05:52 PM

Hmm... good :D hopefulli it wont fall on the hand of some cheap developer who build some low-cost apartment there... :ohno:

TYW

February 15th, 2005, 06:26 AM

Hmm... good :D hopefulli it wont fall on the hand of some cheap developer who build some low-cost apartment there... :ohno:

FYI, hunza is building a nigh end condo in tanjung bungah and gurney drive. it is supposed to be launched already but i didn't go to their property fair. their website is currently down maybe coz of updating...

TYW

March 26th, 2005, 02:39 PM

http://i140.exs.cx/img140/4037/imgp07327td.jpg

TYW

April 11th, 2005, 04:48 PM

since we were talking about IKEA stuff in the previous page, i think i'll post this here;)

18-12-2003: Ikano keen to open more stores
9.26am

IKANO Corporation Sdn Bhd, the franchise owner of the home furnishing store IKEA, is keen to open several more stores in the country, its director, Joseph Lau, said today.

“We have such plans in the medium to long-term. But the question is when. Only time will tell,” he said at the official opening of the IKANO Power Centre retail mall by the Ambassador of Sweden, Bruno Beijer.

Lau, who is also IKEA’s general manager, said the company had been looking for land to build new IKEA stores in Penang, Johor Bahru and the Klang Valley but nothing has been finalised. — Bernama

Melewar’s profit falls 22%
Melewar Industrial Group Bhd recorded net profit of RM32.83 million for nine months ended Oct 31, a 21.6% drop from RM41.87 million a year earlier due to margins being depressed by prevailing soft market conditions and higher raw material cost.

Melewar’s revenue increased to RM349.06 million from RM300.78 million a year earlier.

Melewar said yesterday the company’s principal subsidiary, Cold Rolling Industry (Malaysia) Sdn Bhd recorded revenue of RM208.1 million and a profit before tax of RM26.8 million.

TYW

April 11th, 2005, 05:02 PM

12-12-2003: IKEA expects to exceed sales target of RM180 mil

By Doreen Leong, 6.20pm

IKANO Corporation Sdn Bhd, owner of global home furnishing giant brand IKEA in Malaysia, is confident of exceeding its targeted annual sales of RM180 million for the financial year ending Aug 31, 2004.

“We are confident of meeting our expected sales," its executive director Joseph Lau told reporters on Dec 12 at the soft launch of IKANO Power Centre, a retail mall, in Mutiara Damansara, Petaling Jaya.

He said part of the optimism arose from the fact that many people had been coming from outside the Klang Valley to shop at the store during weekends.

Lau said IKEA was poised to establish itself as a unique retail mall owner following the opening in August of its largest stand-alone store in Asia in Mutiara Damansara.

He said IKEA would ride on the successes of its first store in the One Utama shopping complex. IKEA has shifted its previous operations at the shopping complex to the stand-alone store in Mutiara Damansara.

On the IKANO Power Centre, IKANO spent RM125 million to fund the purchase of property and construction of the four-storey 420,000 sq ft retail mall. IKEA is occupying 360,000 sq ft at an adjoining building to the IKANO Power Centre.

Lau said the centre is an American concept in which anchor tenants occupied 80% of its total space, while smaller tenants took up the balance.

Of the combined retail space involving IKEA's store and the IKANO Power Centre, Lau said about 95% of its lettable space was currently tenanted by 88 tenants, of which 12 are anchor tenants that include IKEA itself.

IKANO Power Centre has managed to attract major local and foreign retail giants such as Harvey Norman (70,000 sq ft), Popular Bookstore (31,000 sq ft), Cold Storage Supermarket (31,000 sq ft), Hytex Town (30,000 sq ft) and Pet Safari (30,000 sq ft).

Anchor tenants pay between RM3 and RM7 per sq ft plus a certain percentage of sales turnover, while smaller tenants pay about RM10 to RM18 per sq ft to IKANO.

Going forward, Lau did not discount the possibility of setting up IKEA stores in areas like Johor and Penang. He said: “We will look at it (the possibility) later. Let's see how we fare here first.”

TYW

April 11th, 2005, 05:24 PM

and this is the latest article i can find..(sept 24th 2004)

Ikea's appeal

There was no sign of fatigue when City & Country caught up with Joseph Lau on an early Sept 1 morning at his office. That was after staying up till the wee hours for the street parade and fireworks display at the 47th Merdeka celebrations put up by Ikano Corp Sdn Bhd the night before.
The Merdeka party, which cost the Swedish group a cool RM1 million, had residents in the Klang Valley literally on their feet enjoying the colourful street party, hot air balloon rides and performances by popular local artistes, besides honouring 47 Merdeka "babies".
Ikano Corp owns both the Ikano Power Centre and Ikea Malaysia — both of which operate side by side in Selangor's Mutiara Damansara township.
But that was not the reason City & Country had called on Lau, executive director of Ikano Corp. It was the fact that Ikea Malaysia has been awarded the International Real Estate Federation (Fiabci) Malaysian Chapter Award of Distinction for best retail development in 2004.
Points were awarded to the development based on the preparatory phase of the project, development and construction phase, marketing and management, community benefits and environmental impact, customer satisfaction and the contribution in real estate. According to Award of Distinction evaluation chairman Yeoh Thit Sang, Ikea's customer-focused layout, the emphasis on the well-planned car park and the innovative construction methods used were among the award-winning features identified by the evaluation team.
Lau, who is also Ikea Malaysia general manager, of course, is pleased with the award, but he is quick to add that it was never the retailer's intention to participate in any such competition and that it had been invited to do so.
"We built Ikea not with pre-conceived ideas of how the building should appeal aesthetically but based on the attributes that would make our No 1 priority, the customer, comfortable."
Ikea features prominently on a 7.2-acre site, offering a built-up of about 360,000 sq ft, while the power centre (420,000 sq ft in built-up) sits on 5.9 acres.
Opened in August last year, the new Ikea Malaysia store is the largest in Asia. Before that, the retailer has been operating in 80,000 sq ft of space at 1-Utama Shopping Centre since 1996.
From a staff strength of 200 in its former premises, Ikea Malaysia now employs 410 full-time staff. In terms of turnover, Ikea Malaysia achieved about RM200 million in revenue for the year ended Aug 31, 2004, up 82% from the RM110 million in 2003.
Lau, who started his tenure in Ikea in August 1995, talks about Ikea's journey in Malaysia.

How it started
When Ikea Malaysia decided to open shop in I-Utama, Lau together with his then boss, Swede Mikael Franzen, realised the need for a full-sized store to feature the full-Ikea concept, one of the main themes of which revolve around "taking home what you need today".
"Because we were located in a shopping centre, there were restrictions in the way we were able to realise the total concept. We did not have the luxury of our own loading/unloading bays, and so most of the bigger items were stored in our warehouse in Port Klang. This meant that customers were not able to have the items they purchased on the day itself. They had to place their order and it would be delivered to them in a couple of days," he explains.
At that time, land values were high. The long search for an appropriate site ended in November 2000 when Ikea decided on a 13.1-acre freehold site within Mutiara Damansara — a stone's throw away from I-Utama. Ikano Corp paid RM56 million, or RM99 psf, for the tract.
In March 2002, physical construction of the blue and yellow building started and took only 12 months to be ready. In April last year, the interior build-up team set to work to create 54 showrooms and four "homes" within the main showroom area which occupies nearly 66,000 sq ft.
The cost of putting up the building totalled RM125 million, making this Ikea store the cheapest to build. This was made possible because Lau headed the in-house main contractor team to control quality, cost and timing.
Despite the quick construction period and low cost, no corners were cut, Lau stresses, adding that the quality of the building is "on par with the other Ikea stores in the world".
Some may frown at Ikea Malaysia's "stripped to the essential look" — with materials and finishes kept simple and raw. But the design is there for a valid purpose — the unpainted concrete and metal cladding demand low maintenance. At the same time, this method of construction is distinctively Swedish.
There is no point in a brilliantly designed building which is empty. Ikea scores in terms of location, Lau says.
"Looking at the Klang Valley, we believe the core market in terms of customer spending and household income is here within a half-hour-drive radius. Apart from the established neighbourhoods in the vicinity and the up-and-coming Mont'Kiara, Ara Damansara, Damansara Perdana and even Mutiara Damansara, it makes a lot of sense for us to be here," he stresses.

Concept and perception
Ikea has positioned itself as a home furnishing specialist that provides a wide range of well-designed, functional solutions at a low price, a feature that attracts families with a combined household income of RM2,000. Currently, it offers some 8,500 products.
While there is no denying that Ikea Malaysia has a strong following, there are some who consider its products upmarket buys while others see it as a budget brand.
Lau admits that dealing with customer perception is a challenge, but one that has proven to be less of an issue over the years. "Initially, there were those who had the impression that Ikea is a premium brand. To address this, we kept making it known that yes, while these are branded home furnishing items, they are offered at affordable prices.
"But since we moved into this new store, we have been able to offer a wider array of products and so the perception that Ikea is expensive has toned down considerably," he adds.
If the number of visitors is any benchmark of success, Ikea Malaysia should be pleased. Between August 2003 and August 2004, about 4.5 million visitors visited the store.

Building attributes
The Ikea building has been designed to be safe, convenient and comfortable, explains Lau. To illustrate this, he picks one of his favourite spots, the car park. (Ikea and Ikano Power Centre share a 2,200-bay car park.)
"Firstly, it is brightly lit. The carpark also has a clean and tidy appearance because of the floor finishing, where a special coat of paint is used over the cement render for this effect. And instead of the 8.5ft clearance height, ours is 9.3ft."
Back in the store, walkway aisles are 11.5ft wide for ease of shopping. Having to go through the 722ft length of the store can be time-consuming and tiring. To address this, glass doors have been placed at intermittent locations so that customers do not feel holed up. Other conveniences include clean toilets, a prayer room, a play area for children and disabled-friendly facilities. There is also a restaurant, two cafés and a Swedish speciality shop within Ikea.

Competition
Being physically big is one thing, but this is no guarantee that size will keep competition at bay, as Lau is quick to admit.
"Be it departmental stores, hypermarkets, specialised stores or kedai perabot in small neighbourhoods, competition is everywhere. But we believe in Ikea and this makes us strive to be consistently ahead. How do we intend to do this? It is a trade secret that I cannot reveal," he laughs.
On a more serious note, Lau says: "Something we'll always do is to come up with our catalogues. Hot from the press are 180 million copies that are now available in Ikea stores worldwide for the year starting Sept 1, 2004, to Aug 31, 2005."
While five years ago there were six versions of the catalogues to serve the different locations worldwide, now there are just two — one version is distributed to the US and Europe and the other is for all the other Ikea locations in the world.
Lau declines to reveal too much about Ikea's future plans, except that there is potential for another store in the Klang Valley and one each in Penang and Johor Baru. "But the decision on which is priority will not be made until further studies are done. It should be known by the end of this year," he adds.

Ikano Power Centre
In most other locations worldwide, it is common to find shopping centres close to Ikea stores, but here in Malaysia, Ikano Power Centre complements the Ikea attraction. The power centre, which is 99% leased out, has become a hub for category killer-type retailers (major anchor tenants), where 12 of the 81 outlets located here are of this nature. These include the likes of Ikea itself, Padini, Ace Hardware and Harvey Norman
"Wherever Ikea is located, the store becomes the main driver that sets the stage for that particular location to become a retail hub. The branding creates value and attraction," Lau enthuses.
Even Boustead Properties Bhd, the developer of Mutiara Damansara, is proud to be associated with Ikea. "Our relationship with Ikea is complementary in nature. Ikea is an icon known around the world and their presence in Mutiara Damansara fits in with our vision of making this 355-acre development a world-class one. Ikea is one of the many pieces of the jigsaw puzzle falling into place," says Boustead director Datuk Ghazali Mohd Ali.
Self-made Ingvar Kamprad, 77, the founder of the home furnishing concept store, is one of the world's richest men. By end-2004, there will be 208 Ikea stores worldwide.

TYW

August 25th, 2005, 08:17 AM

New houses/ shops/ mini factories are already u/c in Tanjung Pinang. i have no pics though....Pablo, did you take their pics??

TYW

August 27th, 2005, 06:51 AM

i got my pics already:D

http://img390.imageshack.us/img390/1180/tanjungpinang62jg.jpg
one of the entrance to Tanjung Pinang

TYW

August 27th, 2005, 06:52 AM

http://img390.imageshack.us/img390/9084/tanjungpinang70kq.jpg
whatever thingy in Tanjung Pinang

TYW

August 27th, 2005, 07:01 AM

http://img396.imageshack.us/img396/5805/skyline777ty.jpg
the bank opposite the water is the Tanjung Pinang island

tomkat

August 27th, 2005, 08:02 AM

Is Tanjung Pinang Island one of the reclaimed land shown in the Penang 2020 strutural plan?

TYW

August 27th, 2005, 08:26 AM

Is Tanjung Pinang Island one of the reclaimed land shown in the Penang 2020 strutural plan?

yes!! all those islands in the north part is Tanjung Pinang (excluding the one along Gurney Drive which is another project)

TYW

August 27th, 2005, 08:27 AM

for more info....
http://www.eoprop.com/core_1_2_4.asp

SEED

August 29th, 2005, 11:49 AM

that piece of land is pretty big thou.. i can see it everyday from ma house in Penang.. they goin to build anything tall there? wats the speed of construction?

TYW

August 30th, 2005, 11:02 AM

that piece of land is pretty big thou.. i can see it everyday from ma house in Penang.. they goin to build anything tall there? wats the speed of construction?

yes, they are gonna build tall but not really that tall. i don't know about the exact plan though coz i haven't seen a rendering or model. however, i've read news about highrise development there though;)

the speed of construction is about normal, IMO. everytime i see the area, there is some small changes here and there.

SEED

August 30th, 2005, 11:21 AM

TYW

August 30th, 2005, 11:27 AM

^^ sounds great! wat bout Island Plz? still there? hope it get refurbish.. u know.. "enlarge" somethin like that.. since that area goin to hav lotsa residents inda future and + that Ivorys mall which's just opposite Island.. yeh.. wat u think?

yeah!! island Plaza is still there but Super Tanjung (and it's chain) is closed. Luckily Metrojaya is taking their place:okay:

i do agree that Island Plaza is very tiny but i don't think they will be able to expand it because of the lack of space:(

Ivory's Tanjung Park Mall is not launched yet. the site looks kinda cleared up though

SEED

August 30th, 2005, 12:15 PM

^^ but theres a old building(skool if im not wrong..) next to Island plz.. ah well.. since Tj Park mall will be build just opposite Island.. guess ur rite.. dont realli need to expend it.. and hope that Tj Park mall get a thumbs up soon.. i kinda like it.. hehe!

yeah!! island Plaza is still there but Super Tanjung (and it's chain) is closed. Luckily Metrojaya is taking their place

great! :okay: hope they can take over Komtar too :lol:

TYW

August 31st, 2005, 08:25 AM

^^ but theres a old building(skool if im not wrong..) next to Island plz.. ah well.. since Tj Park mall will be build just opposite Island.. guess ur rite.. dont realli need to expend it.. and hope that Tj Park mall get a thumbs up soon.. i kinda like it.. hehe!

great! :okay: hope they can take over Komtar too :lol:

yeah! there's an old building beside it. i dunno what it is though...

no news about the one in KOMTAR...i think it is empty till now

SEED

August 31st, 2005, 10:41 AM

TYW

August 31st, 2005, 01:45 PM

^^ i think its a old skool.. the one next to Island plz.. last time i saw people removing all the old furniture and everything thats in it.. soo.. i tot its goin to be demolish and make way to somethin new..?? anyway.. Komtar still empty.. :cry: pride of penang.. kosong.. :cry:

KOMTAR badly needs a major renovation or it will be a disgrace rather than a prode of Penang. i wonder if the government realise about KOMTAR's state :bash: :bash: :bash: :bash:

SEED

September 3rd, 2005, 09:22 AM

^^ i dont think they realli care.. that place is turning into eyesore and.. :cry: wat a waste.. ah well.. wat can we do? sit and watch as the "Pride of Penang" turn into a "Complete Utter Crap" :cry:

TYW

October 2nd, 2005, 04:20 PM

http://img90.imageshack.us/img90/6918/tanjungpinang85qx.jpg

http://img90.imageshack.us/img90/6560/tanjungpinang106wc.jpg

TYW

October 2nd, 2005, 04:21 PM

http://img90.imageshack.us/img90/7522/tanjungpinang126ju.jpg

http://img90.imageshack.us/img90/7447/tanjungpinang119zd.jpg

TYW

October 2nd, 2005, 04:22 PM

http://img90.imageshack.us/img90/3821/tanjungpinang95if.jpg

SEED

October 2nd, 2005, 06:49 PM

at last! rendering of Tanjong Pinang! soo.. this the one opposite Tg Park rite? behind Island Plz..

TYW

October 9th, 2005, 03:05 PM

at last! rendering of Tanjong Pinang! soo.. this the one opposite Tg Park rite? behind Island Plz..

yeah!!

but to be precise, this phase is not behind Island Plaza. it is further north.

SEED

October 9th, 2005, 08:54 PM

^^ yep! im sure i know where the location is! ;) its pretty near to that 20 stories apartment.. forgotten wats the name of it.. it has a round dish or disc structure on top of the building..

TYW

November 20th, 2005, 01:17 PM

yo yo yo... Check it out : http://www.eoprop.com/stp/index.htm

Lastresorter

November 20th, 2005, 01:24 PM

^^ Is that a jeti or a bridge in the rendering??

TYW

November 20th, 2005, 01:26 PM

^^ Is that a jeti or a bridge in the rendering??

i think you must have ment the 1st pic. i think it is a bridge;)

SEED

November 20th, 2005, 04:38 PM

cool link! :cool: d'u guys think is a bit weird or scary to live near the sea nowa days.. after the tsunami stuff..

TYW

November 20th, 2005, 04:48 PM

cool link! :cool: d'u guys think is a bit weird or scary to live near the sea nowa days.. after the tsunami stuff..

tsunamis don't happen often, especially in this part of the world. when was the last time you heard of a tsunami before the 26th Dec's ?? i think it is safe to live by the sea;)

FYI, i read about a guy in Thailand that he predicted the Dec 26th tsunami. he tried to warn people but no one listened to him. the interesting part is that he also predicted a more severe tsunami that is going to occur further north soon. he said even Singapore will be affected. will you believe?? :D

SEED

November 20th, 2005, 05:13 PM

^^ well.. u never know.. im not risk taker soo.. :lol: but we can hope that it'll never happen in Malaysia or Penang..

tomkat

November 20th, 2005, 05:19 PM

i think you must have ment the 1st pic. i think it is a bridge;)

Is that bridge connecting this development with Gurney Drive? I could see a line of high rises on the left hand side of the first photo. Is that Gurney Drive's skylines?

Superb project! I wouldn't mind retiring there.

Pablo

November 20th, 2005, 06:16 PM

Is that bridge connecting this development with Gurney Drive? I could see a line of high rises on the left hand side of the first photo. Is that Gurney Drive's skylines?

Superb project! I wouldn't mind retiring there.

If i'm not mistaken that is the bridge which connect to the Second Phase of this project...But, no doubt, this project is extending all the way towards the popular dining belt of Gurney Drive. :)

TYW

November 21st, 2005, 04:07 AM

Is that bridge connecting this development with Gurney Drive? I could see a line of high rises on the left hand side of the first photo. Is that Gurney Drive's skylines?

Superb project! I wouldn't mind retiring there.

the bridge probably connects to the other island in the reclamation project. there are like 4 islands i think (not sure)

i guess you know that the sea off Gurney Drive will be reclaimed to build the PORR. well, that piece of reclaimed land off Gurney drive will also have some highrise devcelopment (not the same company as Tanjung Pinang). both the reclamation project will be side by side;)

TYW

November 21st, 2005, 04:38 AM

not Tanjung Tokong. coz we don't have a tanjung bungah thread, i'll just post this here:

http://www.hunzagroup.com/images/news/pix4_zoom.jpg

jlshyang

November 21st, 2005, 10:56 AM

tsunamis don't happen often, especially in this part of the world. when was the last time you heard of a tsunami before the 26th Dec's ?? i think it is safe to live by the sea;)

FYI, i read about a guy in Thailand that he predicted the Dec 26th tsunami. he tried to warn people but no one listened to him. the interesting part is that he also predicted a more severe tsunami that is going to occur further north soon. he said even Singapore will be affected. will you believe?? :D

I heard his latest prediction is that tsunami will come again to Thailand, Malaysia and even Singapore and this one would be worst. Guess when does he predictthe tsunami to come? December 2005 to January 2006? Believe him? I don't know his predictions are based on what. :dunno:

glenj

November 22nd, 2005, 05:37 PM

The dec26 tsunami was caused by an earthquake west of aceh. Penang was only mildly affected because it was obstructed by Northern Sumatra. What the Thailand guy predicted was that it was possible for another earthquake to occur further north than sumatera, and if it did happen, the resulting tsunami would 'flow' down the straits of melaka towards singapore. There is no obstruction in its way to block or reduce the intensity of the waves. And because the straits narrows towards s'pore, the waves will only get higher and higher as it moves down towards johor and singapore.. now that's the scary part. It seems theoretically possible, but the question is whether it will be tomorrow, 10yrs time, 100yrs time, or beyond.

TYW

November 26th, 2005, 06:46 AM

Condominium Tanjung Tokong, Penang

Background

The land measuring approximately 7.72 acres is located on a large reclaimed area in Tanjung Tokong. Parcels of land were then divided into 6 various developer to turn this area into modern township in the future.

A mixed housing development consisting of 2 high rise residential blocks and low rise semi-detached townhouses in Penang.

Tower 1 will have 26 storeys with a total of 104 units of 1,800 - 2,200 sq ft units. Tower 2 will also have 26 storeys with a total of 102 units of 1,800-2,200 sq ft units high end.

30 units of 35' x 80' (3,500 sq ft) of semi-detached townhouse will be part of this exclusive development. The development will also consist of parking, club house and swimming pool facilities.

In this design, we explored and introduced the house of metal sun shading devices together with concrete hoods to break the otherwise monotonous facade.

TYW

November 26th, 2005, 06:49 AM

Plan
http://www.atsa.com.my/enews/sept05-50a.jpg

Views of the townhouse
http://www.atsa.com.my/enews/sept05-35.jpg

http://www.atsa.com.my/enews/sept05-36.jpg

http://www.atsa.com.my/enews/sept05-37.jpg

http://www.atsa.com.my/enews/sept05-38.jpg

http://www.atsa.com.my/enews/sept05-39.jpg

http://www.atsa.com.my/enews/sept05-40.jpg

http://www.atsa.com.my/enews/sept05-41.jpg

http://www.atsa.com.my/enews/sept05-42.jpg

TYW

November 26th, 2005, 06:50 AM

condominium
http://www.atsa.com.my/enews/sept05-43.jpg

http://www.atsa.com.my/enews/sept05-44.jpg

http://www.atsa.com.my/enews/sept05-45.jpg

http://www.atsa.com.my/enews/sept05-46.jpg

http://www.atsa.com.my/enews/sept05-47.jpg

http://www.atsa.com.my/enews/sept05-48.jpg

http://www.atsa.com.my/enews/sept05-49.jpg

source: http://www.atsa.com.my/enews_sept05.htm

SEED

November 26th, 2005, 07:51 PM

i think the architec who design this houses and towers added a little touch of Stonor Park in his design eh?

ZaHiRnYa???

November 28th, 2005, 04:16 AM

I think yellow is the IT color for this year liao :lol:

Very very nice...n yes..remind me of Stonor Park.

TYW

December 11th, 2005, 10:39 AM

http://www.eoprop.com/stp/images/img_cymasterlayout01.jpg
http://www.eoprop.com/stp/images/img_cymasterlayout02.jpg
http://www.eoprop.com/stp/images/img_cymasterlayout03.jpg
http://www.eoprop.com/stp/images/img_cymasterlayout04.jpg
http://www.eoprop.com/stp/images/img_cymasterlayout05.jpg
http://www.eoprop.com/stp/images/img_cymasterlayout06.jpg
http://www.eoprop.com/stp/images/img_cymasterlayout07.jpg

TYW

December 11th, 2005, 10:40 AM

http://www.eoprop.com/stp/images/img_cysiteplanxx01.jpg
http://www.eoprop.com/stp/images/img_cysiteplanxx02.jpg
http://www.eoprop.com/stp/images/img_cysiteplanxx03.jpg
http://www.eoprop.com/stp/images/img_cysiteplanxx04.jpg
http://www.eoprop.com/stp/images/img_cysiteplanxx05.jpg
http://www.eoprop.com/stp/images/img_cysiteplanxx06.jpg
http://www.eoprop.com/stp/images/img_cysiteplanxx07.jpg

SEED

December 11th, 2005, 08:01 PM

TYW

December 12th, 2005, 11:36 AM

great! soo many developments round Is Plz.. that means it might get a upgrade.. well.. hopefulli.. d'u u guys think that the outer ring road will improve the traffic nitemare in Penang.. anyway.. construction of the road.. ??

i don't think IPlaza will get ab upgrade becouse of that. but they should though...

well, about the outer ring road, the federal government and state government have been pushing the signing of an agreement up and down. i think it will be settled soon. hopefully it really gets built this time. check out the PORR thread for the news;)

gordonv612

December 12th, 2005, 11:59 AM

nazrey

January 2nd, 2006, 11:33 AM

Waterfront project to take shape in Penang
Updated : 02-01-2006
Media : The Star

SERI Tanjung Pinang, a proposed world-class seafront development in Tanjung Tokong, Penang, will introduce a new living experience to Penang folk, with refreshing lifestyle designs and a vibrant neighbourhood.

Designed in collaboration with world leading concept design architects – Wimberly Allison Tong & Goo (WATG) based in the US – the development will take up 980 acres when fully completed in the next 10 to15 years.

Eastern & Oriental Bhd (E & O) had paid some RM60mil to acquire a 49% stake in Tanjung Pinang Development Sdn Bhd, an associate of the UEM group, in 2003, which included the concession to reclaim and develop the 980 acres. It has since spent RM430mil more on land reclamation costs and payments to the project financier.

The masterplan of Seri Tanjung Pinang development will cover two major phases, with the ongoing phase one spanning 240 acres.

Phase two, which will showcase mostly high-end waterfront homes with berthing facilities, will take on an island concept and will be linked to phase one via two bridges.

Undertaken by E & O Property Development Bhd (E&OProp), Seri Tanjung Pinang is an comprehensive integrated development comprising bungalows, terraced and semi-detached houses, condominiums, serviced apartments, commercial and retail precincts, recreational parks, marina and sea-facing promenades. The marina-cum-commercial development will occupy 20 acres and will feature some 400,000 sq ft of retail shops and serviced apartments, 140,000 sq ft of offices and 100,000 sq ft of entertainment precinct.

'We are excited by the opportunity to undertake this comprehensively planned development which will promote Penang's real estate potential among both local and foreign investors,” Eastern & Oriental Bhd (E & O) group corporate and investment director Eric Chan said.

Foreign buyers will be attracted to the high-end waterfront houses to be built in phase two. The targeted buyers include Hong Kong residents, Singaporeans, Taiwanese, Indonesians and Europeans.

E&OProp marketing and sales director K.C. Chong said the company's main focus would be to fulfil promises in the integrated masterplan development.

'It is envisaged that this exceptional waterfront development will redefine Penang island on the world map, with exciting new commercial, retail and residential property investment opportunities.

The inaugural launch in phase one centres on Ariza courtyard terraces. With built-up from 3,400 sq ft, the houses are among the largest terraced units available on the island.

Chong said the architecture of Ariza courtyard terraces was a modern interpretation of the old Straits Eclectic-style townhouse, replicating the carefree lifestyle of early Penangites. They are priced from RM755,000 for a standard intermediate unit and from RM980,000 for a corner unit.

TYW

January 7th, 2006, 04:08 PM

Putting Penang back on international map

By Chris Prasad

Recent concerns that Penang has lost much of its appeal may soon be put to rest - with a mammoth project by E&O Property Development Bhd worth over RM2 billion, which looks set to bring a fresh sparkle to the Pearl of the Orient.

Redefining the island in more ways than one, Seri Tanjung Pinang will be its largest ever seafront development and will take shape on 980 acres of reclaimed land on the northeastern tip.

Situated just minutes away from the Gurney Drive locale as well as the Tanjung Bungah-Batu Ferringhi tourist belt, the project aims to be an international landmark, offering exclusive seafront property within a comprehensive and self-sufficient integrated community.

Envisioned to be a new vibrant hub for locals and foreign visitors to “reside, holiday, work or invest in”, Seri Tanjung Pinang will comprise residential components - such as condominiums, terraces, semi-dees and bungalows - besides commercial opportunities within office and retail precincts to appeal to a wide array of buyers.

In addition, the project will boast a host of hotels, restaurants, boutiques and art galleries lining the seafront as well as a world-class marina with private berthing facilities. All of which, the developer said, will transform Penang Island into a sailing resort similar to those found in America, Australia and the Mediterranean.

According to E&O Property Development’s marketing and sales director K.C. Chong, the project will be carried out in two phases, based on a “multi-island and headland concept”.

“The first phase will take shape on a 240-acre land extension of the shoreline, stretching from the tip of Gurney Drive right up to Tanjung Tokong. The remaining 740 acres will be developed under phase two and take the shape of man-made islands around phase one that will be interconnected via bridges,” he said.

http://www.nst.com.my/Weekly/PropertyTimes/News/Inthenews/20060103094823/Article/Images/News/puttB.jpg

Work on the first phase, he said, is under way, and the project’s first offering, two-and-a-half-storey Ariza courtyard terraces, were unveiled at Seri Tanjung Pinang’s official launch earlier this month.

Designed to appeal to the local population, the RM230 million Ariza terrace development will feature old Straits eclectic-style designs, complete with a 12ft floor-to-ceiling height and airy courtyards that offer the carefree lifestyle and space that early Penangites enjoyed.

Chong said he was pleasantly surprised to find that the concept also appealed to Malaysians from other States as well as foreign buyers from Singapore and beyond.

“Our soft launch of the courtyard terraces saw 80 per cent of the initial 97 units snapped up within two months. While the bulk of the buyers were local, there were also a number of foreign buyers. This has given us the confidence that our offerings will be well received by local and international buyers,” he said, adding that another 49 units were put up at the official launch on Dec 9.

With built-up sizes starting from 3,400sq ft, the Ariza units will be among the largest terraces available on the island, with features such as outdoor covered terraces, balconies and a roof garden on the top floor.

The courtyard terraces are priced from RM775,000 for a standard intermediate unit and from RM980,000 for a corner unit that comes with extra land. They are expected to be completed by late 2007.

In the near future, Chong said, residents of Ariza will be able to enjoy quick access to a nearby landscaped park as well as a commercial centre, seafront promenade and the marina, which will be built right beside it.

Also in the pipeline for the first phase are more residential components such as condominiums, semi-dees and seaside bungalows that will be launched in stages. The developer has also set aside land for a primary and a secondary school as well as a mosque.

“Not only will our community enjoy nearby facilities and amenities, but the fact that the Penang Outer Ring Road will run right through our location means residents will have convenient access to other established neighbourhoods within the island.”

Plans for the second phase of Seri Tanjung Pinang are yet to be finalised but Chong said the company is geared towards providing luxurious waterfront houses with berthing facilities, similar the private islands now being offered in the Dubai Waterfront project.

“We intend to target international buyers for the second phase, such as the sailing fraternity, with offers of exclusive homes and all the necessary yachting facilities. By attracting them to our shores, we can help make Penang an international landmark as well as boost the economy,” he said.

No stranger to Penang, the E&O Group currently owns and runs the landmark E&O Hotel in Jalan Sultan Ahmad Shah and the Lone Pine Hotel in Batu Ferringhi.

In the Klang Valley, E&O has been involved in several distinctive projects such as Dua Residency in the Kuala Lumpur City Centre, Seventy Damansara as well as Idansara in Damansara Heights, KL.

- Property Times 31 December 2005 issue -

vhls

January 18th, 2006, 05:30 PM

TYW

January 20th, 2006, 04:19 PM

confused with the below project.. pls help me to figure out!!

- where's the exact location?
- who's the developer of this yellowish development?

- who's the "6" various developers in Tanjung Tokong? (thought only E & O PROPERTY DEVELOPMENT and UDA)

many thanks!!

Condominium Tanjung Tokong, Penang
Background
The land measuring approximately 7.72 acres is located on a large reclaimed area in Tanjung Tokong. Parcels of land were then divided into 6 various developer to turn this area into modern township in the future.

A mixed housing development consisting of 2 high rise residential blocks and low rise semi-detached townhouses in Penang.

Tower 1 will have 26 storeys with a total of 104 units of 1,800 - 2,200 sq ft units. Tower 2 will also have 26 storeys with a total of 102 units of 1,800-2,200 sq ft units high end.

30 units of 35' x 80' (3,500 sq ft) of semi-detached townhouse will be part of this exclusive development. The development will also consist of parking, club house and swimming pool facilities.

In this design, we explored and introduced the house of metal sun shading devices together with concrete hoods to break the otherwise monotonous facade.

first of all,

WELCOME TO THE FORUM, vhls!!

i'll try my best to answer the questions;)

Q: where's the exact location?
A: Tanjung Pinang is on the reclaimed land off Tanjung Tokong Coast, starting from behind Island Plaza, stretching north to the very end (don't know the specific name of that place but it is still in Tanjung Tokong). The other development, Tanjung Warisan and Tanjung West is located further south. i'm not too sure about this as there is less exposure on these 2 projects.

Q: who's the developer of this yellowish development?
A: i guess you mean those that i just posted right? i'm not too sure about it actually. the website that i got the information from didn't elaborate much on it. it could be just a proposal that might or might not be built.

Q: who's the "6" various developers in Tanjung Tokong? (thought only E & O PROPERTY DEVELOPMENT and UDA)
A: E&O Property is involved in Tanjung Pinang development. while UDA is in the Warisan Tanjung and Tanjung West development. and the 6 developers part, I have no idea.

vhls

January 21st, 2006, 05:02 PM

thanks a bunch TYW!!

love this forum since i discovered it on nov 2005.. informative & resourceful.

keep it up!!

TYW

January 22nd, 2006, 12:54 PM

thanks a bunch TYW!!

love this forum since i discovered it on nov 2005.. informative & resourceful.

keep it up!!

then you should have registered earlier he he....kidding;)

TYW

February 18th, 2006, 07:36 AM

http://img295.imageshack.us/img295/8614/tanjungpinang131le.jpg
^^ taken from Penang Hill

SEED

February 18th, 2006, 09:31 AM

^^ thats fast.. :shocked: and the size of it.. when that things build.. i guess Is PLz will be one ofda most crowded and busiest malls in Penang.. well.. hope.. :lol: and an expansion too :lol:

TYW

February 18th, 2006, 10:05 AM

^^ thats fast.. :shocked: and the size of it.. when that things build.. i guess Is PLz will be one ofda most crowded and busiest malls in Penang.. well.. hope.. :lol: and an expansion too :lol:

if it gets expanded, i'll be very very pleased :D even if it gets more crowd it'll be great

TYW

February 18th, 2006, 10:13 AM

http://www.eoprop.com/i_news2/28%20Jan%2006%20NST_The%20Penang%20pay-off.JPG

Adam Tan

February 18th, 2006, 11:19 AM

ooO the land is huge!!
Y? y? that land should build more high rise building :sleepy:

TYW

February 20th, 2006, 10:12 AM

ooO the land is huge!!
Y? y? that land should build more high rise building :sleepy:

yeah!! all are houses and low rise buildings :(

maybe the other phases will have some high rises??

White_soX

February 20th, 2006, 11:33 PM

In the picture there is a bridge.................where it connecting to, other island, nearest Island look kinda far

vhls

February 21st, 2006, 02:37 PM

The bridge will link to another island.. which will be reclaimed soon.. by 2007!!

Mostly bungalows will be developed in other phases, i.e. two islands!!

http://img153.imageshack.us/img153/1963/seritanjungpinang3ig.jpg (http://imageshack.us)

http://img154.imageshack.us/img154/4429/article5mp.jpg (http://imageshack.us)

Adam Tan

February 21st, 2006, 04:08 PM

wau, penang will be add more 2 island. but mostly low rise, so sad.....

SEED

February 21st, 2006, 07:24 PM

^^ looks great! :cool:

Lastresorter

February 22nd, 2006, 03:03 AM

wau, penang will be add more 2 island. but mostly low rise, so sad.....

Reclaimed land mar... if build all highrises later sink how? :lol:

Adam Tan

February 22nd, 2006, 04:24 AM

Reclaimed land mar... if build all highrises later sink how? :lol:

build more highrises there can defend tsunami :hahaha:

SEED

February 22nd, 2006, 09:20 AM

^^ :lol: good idea! :lol: anyway talkin bout Tsunami.. d' Penang hav a Tsunami warning system?

Adam Tan

February 22nd, 2006, 12:19 PM

Tsunami warning system, hear the goverment discuss b4, until now.........

vhls

February 22nd, 2006, 03:37 PM

Not the 1st reclaimed development in Penang.. Gold Coast, Jelutong, Macallum Street, etc.. all reclamation areas. Not to mention Dubai, Singapore & Hong Kong.. only such development will give a "WOW" effect!! Right?

Normally, piling & treatment will take care of these issues, such as sinking, settlement, etc.

Not too worry about Tsunami, if it really hit, the whole Penang Island will also...... Just kidding ya.. :D

TYW

February 24th, 2006, 03:54 PM

the islands will be raclaimed by 2007? that's fast, considering they have not developed the current reclaimed land completely yet.

vhls

February 26th, 2006, 10:34 AM

Island's reclaimation will start in 2007, take years to complete.

Current reclaimed land has been fully completed.. 5-6 years development.

TYW

March 4th, 2006, 09:33 AM

Island's reclaimation will start in 2007, take years to complete.

Current reclaimed land has been fully completed.. 5-6 years development.

i see...thanks for the info ;)

TYW

March 25th, 2006, 04:46 PM

Halcyon days beckon at Seri Tanjung Pinang

By P. Rajan

Sprawling seafront bungalows and manicured lawns are set to make a comeback in Penang, rekindling memories of a bygone era when enclaves accommodating spacious mansions were once synonymous with the island’s good life and easy charm.

What was once lost to the rapid highrise developments of the last few decades has been planned to resurface a few minutes from the famed Gurney Drive, taking the form of the Seri Tanjung Pinang seafront bungalows on 240 acres of reclaimed land.

Its first phase will accommodate 151 freehold bungalow plots.

“It’s been a long while since Penang has been able to offer bungalow parcels with sea views,” said K.C. Chong, marketing and sales director of E&O Property Development Bhd (E&OProp). “Seri Tanjung Pinang’s plots will definitely bring back the glory days, when this type of living was the domain of the elite.”

Main board-listed E&OProp, the property arm of Eastern & Oriental Bhd, which is also listed on the main board, has cemented its reputation in the high-end Klang Valley property market with residential projects in Kuala Lumpur such as Sri Se-Ekar and 202 DC.

Ongoing ventures include the upmarket Dua Residency, located within the Kuala Lumpur City Centre (KLCC) area, which is some 80 per cent complete.

At the inaugural launch of Seri Tanjung Pinang recently, 38 bungalow parcels ranging in size from 5,575sq ft and 19,700sq ft were offered for sale for between RM170psf and RM250psf.

“We believe the plots will be well received, as the buyers will be able to enjoy the best of both worlds, that is, living by the sea as well as being within a prime location in Penang island,” Chong said.

The plots, slated to be turfed and connected to utility infrastructure within 12 months, will have two striking features. First, they will be on flat terrain to ease construction work and reduce overall construction cost, and second, their dimensions with lengths of 109ft to 170ft will enable sizeable bungalows with landscaped gardens to be built.

In addition to bungalow plots, Seri Tanjung Pinang’s first phase will feature terrace houses, semi-detached units, condominiums, commercial and retail precincts, recreational parks and seafront promenades.

Since the 146 units of two-and-a-half-storey Ariza-type terraces were launched towards the end of last year, 84 per cent have been sold. This helped boost E&OProp’s third quarter financial results for the period ending December 2005.

During the period, revenue rose 46.4 per cent to RM135.9 million compared with RM92.8 million for the corresponding period in the previous year, with Seri Tanjung Pinang contributing some 34.5 per cent. Correspondingly, nett profit rose threefold to RM19.4 million, compared with RM6.2 million.

The seafront development will play an increasingly substantial role for the group in the years ahead, given that on full completion of the first two phases which will occupy 780 acres on an “island concept”, a Gross Development Value in excess of RM2 billion is expected. Ultimately, the whole development will occupy 980 acres.

- Property Times 18 March 2006 issue -

TYW

June 18th, 2006, 10:38 AM

http://img213.imageshack.us/img213/4282/tanjungpinang4zu.jpg

Pablo

June 23rd, 2006, 05:44 PM

the reclamation land dosen't look like the 1 in the rendering..??

TYW

June 23rd, 2006, 06:30 PM

the reclamation land dosen't look like the 1 in the rendering..??

it looks quite similar IMO. maybe coz it is an old picture and not quite completed.

TYW

July 15th, 2006, 06:12 PM

Penangites pay big bucks for landed homes
By Diana Chin

Paying three quarters of a million ringgit or more for an intermediate link house in the Klang Valley is no news, but in Penang?
Well, E&O Property Development has done it. The developer’s 2½-storey link houses, called Ariza courtyard terraces — with price tags starting from RM755,000 — in its Seri Tanjung Pinang project appear to be selling fast. The intermediate units have a plot size of 24ft x 80ft and built-up of above 3,000 sq ft.
Call it a coup of sorts if you will but location and innovation have everything to do with investors accepting these prices. The developer managed to sell 80% of the 97 units of link houses in less than two months after their soft launch in the final quarter of 2005. To date, some 146 units have been put on the market, with 95% of them already taken up, says the developer.
E&O Property’s marketing and sales director K C Chong identifies the big attraction as genuine demand for good quality landed properties in excellent locations on the island. Seri Tanjung Pinang is 15 minutes away from the famous Gurney Drive and faces the seashore, which E&O Property hopes will make the properties even more appealing.
“Although expensive in absolute terms, the link homes or courtyard terraces, as we have termed them, offer immense value for money. The large built-up area of 3,143 sq ft for a typical intermediate unit really means they are as large as a standard detached home,” Chong says.
A comprehensive master plan development, Seri Tanjung Pinang comprises bungalows, terraced and semi-detached homes, condominiums, commercial and retail precincts, recreational parks, marina and inviting sea-facing promenades. The development will be done in two phases spanning 980 acres, based on a “multi-island and headland” concept.
Phase 1 stretches over 240 acres while Phase 2 will adopt an “island” concept — it will be linked to Phase 1 by two bridges.
Interestingly, all the 980 acres will be reclaimed land. While briefing City & Country during a site visit, Chong points to a sea of blue on the scale model. That will be Phase 2 of the project (740 acres), which is yet to be reclaimed, he says, smiling.
The scarcity of land on the island has seen several projects being developed on reclaimed land. Apart from Seri Tanjung Pinang, there is PDC Properties’ D’Residence, which is situated by the coastal highway, overlooking Pulau Jerejak and the Penang Bridge.
“Since that project was launched in January this year, it has been well received, with an 80% take-up rate for the terraced houses, 90% for the semidees, 70% for the supreme bungalows and 33% for the premium bungalows,” says Raine & Horne International Zaki + Partners’ director Michael Geh. PDC Properties is currently trying to obtain freehold status for the development, he adds.
As for Seri Tanjung Pinang, its land status has already been converted to freehold.
Besides the link houses, E&O Property launched 38 bungalow parcels in February this year, 90% of which have been sold.
As reflected in the sampling for the latest quarterly The Edge/Raine & Horne Zaki + Partners Penang Housing Property Monitor, the value of residential properties in Penang’s hotspots, such as Pulau Tikus, Minden Heights, Tanjung Bungah and Sungai Ara, has been climbing.
This has not gone unnoticed. Geh says buyers’ confidence in the property market has pushed up the prices of landed properties over the last two years. So, it is not surprising that noteworthy property players in the Klang Valley are making their way to Penang. Besides E&O Property, those who have made forays include Sunway City Bhd, S P Setia Bhd and Equine Capital Bhd.
Geh compares the development of Seri Tanjung Pinang to Mont’Kiara arriving in Penang. “It is their fresh designs that buyers find so appealing,” he says, referring to the terraced homes. Apart from a quest for landed properties on the island, he adds, Penang is experiencing pent-up demand for bungalow land.
Edwin Eow, principal of Edbid Properties, agrees. He has sold a number of the bungalow parcels in Seri Tanjung Pinang. According to Eow, the project is doing well because land is scarce on the island and it is located very close to Pulau Tikus. “Paying RM170 to RM250 psf is not much, seeing that bungalow plots are hard to come by. Anyway, the rates are around RM180 psf in the Pulau Tikus area. This would mean old bungalows, not new land,” he says.

Different landscape
E&O Property’s Chong acknowledges the fact that the property landscape is different in Penang. Among the issues with buyers here is the need to pay for gated and guarded living, a lifestyle that has gained acceptance in the Klang Valley. The wide open spaces and low perimeter walls, as observed at the site of the Ariza courtyard terraces, do raise concerns over security. However, Chong says gates will be provided at the end of each block. Basically, this means the backyard of the link homes — in this case a linear park — will have gates at each end to ensure privacy.
“We are not going completely gated as we feel the community here is not entirely used to the idea. What we’ll do is provide guards for the first two years at no cost,” says Chong. The developer hopes that, eventually, the residents’ association will be proactive in taking up the gated and guarded community idea and continue with it.
Still, Eow of Edbid Properties sees the mindset of Penangites changing. “I believe they are getting used to the idea of gated and guarded communities just like what’s happening in the Klang Valley.”
According to Raine & Horne’s Geh, old money may be buying the homes but they are for the younger generation, which is open to new ideas.
Chong says most of Seri Tanjung Pinang’s purchasers are from Penang although a sizeable number is from Kuala Lumpur and the surrounding areas. Of late, he adds, there has also been interest from investors in Singapore.
“E&O chose Penang as an important development area outside the Klang Valley, consistent with its long-term strategy of building properties in prime locations, where demand is prevalent. Owning landed properties on the island was almost impossible some time ago, but in the next few years, many people will be able to realise this dream as many developers from the capital city are coming to Penang to undertake large-scale development projects. This will persuade more people to buy properties in Penang, with some of them coming from Singapore, Hong Kong, Indonesia as well as Europe,” Chong says.
E&O Property is planning a road show to showcase its property projects to the region, including Singapore, this year.

Long forgotten
Is there any concern about living on reclaimed land? Raine & Horne’s Geh does not think so. Even the tsunami that hit Penang two years ago has been long forgotten, he says, pointing to the good value of properties located close to the beach.
Chong concludes: “E&O Property’s buyers are convinced that we have adhered, and will continue to adhere, to the strictest engineering and building procedures and specifications in developing Seri Tanjung Pinang, more specifically, their homes. This company is in this business for the long term and will certainly not compromise on its standards in building an outstanding development in Penang.”

Turning on the charm
Phase 1 of Seri Tanjung Pinang has a gross development value of about RM2 billion and will take five to seven years to be completed. When City & Country visited the site recently, Seri Tanjung Pinang’s show gallery of about 8,300 sq ft was just being fitted. Commanding an open view of the sea, the gallery will be utilised as a gathering place for visitors and customers to view new properties, says E&O Property’s marketing and sales director K C Chong.
The developer hopes that the “exceptional waterfront development” of Seri Tanjung Pinang will redefine Penang’s status on the world map. The project’s prime location and seafront concept will be its key selling points. “As a developer of distinctive homes, we continuously seek the challenge to raise the bar in delivering innovative products that place equal emphasis on aesthetics and function. In other words, our aim is to craft what is literally a joy to come home to,” Chong explains.
A visit to the show unit of the Ariza courtyard terraces drives home this point. The architecture is a modern interpretation of the Old Straits eclectic-style townhouse, incorporating abundant outdoor covered terraces, balconies and a roof garden on the top floor. A ceiling height of up to 12ft, an airy courtyard as well as cross-ventilation all indicate
a return to an elegant era in Penang’s history.
“The designs, although depicting a vernacular style reminiscent of colonial Penang homes, are modern, with large window openings, terraces and verandahs. They come with built-in piping for air-conditioning and hot water, and SMTV
points for TVs,” shares Chong.
The units are priced from RM755,000 for a standard intermediate lot and RM980,000 onwards for a corner lot with extra land. Construction of the terraces is ongoing and expected to be completed by end-2007. However, Chong says E&O Property expects
to hand over at least 97 units before the end of this year.
As for the bungalow parcels, they are expected to be completed within 12 months. Their launch in February saw 38 freehold seafront lots, ranging from 5,575 to 19,700 sq ft in size,
put up for sale. Of these, 34 have been sold to
date. Phase 1 has 100 more bungalow parcels
to be launched.
The Avalon semidees were launched on June 30. The developer says the 3-storey units offer views over treetops and across open lawns. As with the Ariza, the Avalon homes offer a generous built-up of 4,028 sq ft on 40ft by 80ft plots. Their prices range from RM1.8 million to RM2.6 million.
Seri Tanjung Pinang will also offer a marina and an array of retail outlets, including cafés, restaurants and speciality stores.
Chong says work has already started on the planned 250,000 sq ft of retail space. This will comprise mainly food and entertainment outlets because its design is suitable for al fresco units. There will be serviced apartments above the two floors of retail space. E&O has planned three blocks but is unable to confirm the number of units for now. According to Chong, the retail space will not be sold but leased out as E&O wants control over the outlets. The serviced apartments will be both for sale and lease.
“We want to finish the commercial centre as fast as possible so that we can nurture the whole development,” Chong adds.

TYW

July 15th, 2006, 06:14 PM

i don't know why but i'm not so impressed by this project. maybe there's no impressive renderings??

TYW

January 3rd, 2007, 11:24 AM

http://img136.imageshack.us/img136/8180/tanjungpinang14rz5.jpg
^^ very nice terrace houses. if wanna go and see better quicky go before they gate up the area :D

Pablo

January 3rd, 2007, 01:50 PM

yeah...it look simple but nice;)

TYW

February 17th, 2007, 10:22 AM

sorry for the funny pics lah, i had to stitch them :D

http://img206.imageshack.us/img206/9168/untitledml5.jpg

http://img73.imageshack.us/img73/8403/wfwk7.jpg

Pablo

February 17th, 2007, 04:08 PM

^^ The words is too small to be read

Pablo

March 30th, 2007, 06:40 PM

Tanjung Pinang by szehoong

http://img.photobucket.com/albums/v121/PabloFa/IMG_1590.jpg

http://img.photobucket.com/albums/v121/PabloFa/IMG_1591.jpg

http://img.photobucket.com/albums/v121/PabloFa/IMG_1596.jpg

Pablo

March 30th, 2007, 06:41 PM

http://img.photobucket.com/albums/v121/PabloFa/IMG_1610.jpg

http://img.photobucket.com/albums/v121/PabloFa/IMG_1615.jpg

http://img.photobucket.com/albums/v121/PabloFa/IMG_1616.jpg

Pablo

March 30th, 2007, 07:10 PM

http://img.photobucket.com/albums/v121/PabloFa/IMG_1672.jpg

http://img.photobucket.com/albums/v121/PabloFa/IMG_1674.jpg

http://img.photobucket.com/albums/v121/PabloFa/IMG_1676.jpg

travellator

March 30th, 2007, 07:24 PM

nice, these link houses must cost a lot of moolah

glenj

March 30th, 2007, 08:28 PM

You know something? The view of the Penang skyline from Tg Tokong would be fantastic, since you would get to see all the highrises of Gurney Drive lined up in a 'Gold Coast' fashion. Anyone taken any pics of this skyline and posted it here yet?

I caught a glimpse of it in the background of one of the earlier postings as well as when I was travelling along Tg Tokong Rd towards city some yrs ago. I'm sure the skyline is more impressive now.

cooltemper

March 31st, 2007, 11:55 AM

dengilo

April 1st, 2007, 03:56 AM

If not for the protest from the port of butterworth the size of this project would have tripled in size!!

TYW

April 2nd, 2007, 07:35 AM

i would love to have a house there! preferably by the sea :D

Magician

April 5th, 2007, 04:01 AM

I drove by there during Chinese New Year.... I think I still prefer moonlight bay concept...

TYW

April 5th, 2007, 08:32 AM

Tanjung Pinang from Penang Hill
http://img267.imageshack.us/img267/2973/tanjungpinang15yz3.jpg

cooltemper

May 4th, 2007, 12:59 PM

http://img133.imageshack.us/img133/2757/dscn3296aq2.jpg (http://imageshack.us)

TYW

May 4th, 2007, 05:13 PM

^^ the mainland looks so near from this pic

TYW

May 23rd, 2007, 06:08 AM

posted on the other thread in the world forums

Reference No. : E&-070307-53267
Date Announced : 07 Mar, 2007
Subject : E&O PROPERTY DEVELOPMENT BERHAD (‘EOPD’ OR ‘COMPANY’) CONDITIONAL AGREEMENT TO LEASE BETWEEN E&O PROPERTY (PENANG) SDN BHD (‘EOPP’), A 70% OWNED SUBSIDIARY OF EOPD, AND TESCO STORES (MALAYSIA) SDN BHD (‘TESCO’ OR ‘LESSEE’) OF APPROXIMATELY 6.96 ACRES

1. INTRODUCTION

The Board of Directors of EOPD (‘Board'') wishes to announce that EOPP, a 70% owned subsidiary of EOPD, has entered into a conditional Agreement to Lease with Tesco on 7 March 2007 for the proposed lease of the Land together with the Building (as defined hereunder) to Tesco (‘Lease'').

2. INFORMATION ON EOPP

EOPP was incorporated on 10 August 1989 in Malaysia under the Companies Act 1965 as a private limited company under the name of Kamunting Holdings Sdn Bhd. Subsequently, on 17 November 2003, Kamunting Holdings Sdn Bhd changed its name to its present name. It is principally involved in property development. It is currently developing a mixed waterfront property development project in Pulau Pinang, namely the Seri Tanjung Pinang Project located at Tanjung Tokong, approximately 5km northwest of Georgetown . The development project involves the reclamation of 980 acres, out of which approximately 240 acres have already been reclaimed under Phase 1. Its maiden launch of residential units took place in December 2005.

3. INFORMATION ON TESCO

Tesco was incorporated in Malaysia under the Companies Act 1965 on 29 November 2001 as a private limited company. It is principally involved in the business of operating retail outlets.

4. DETAILS OF THE LEASE

4.1 Information on the Land

The Land is a leasehold land held under the document of title H.S.(D) 13097 PT 694, Bandar Tanjong Pinang Sek. 1, Daerah Timor Laut, Negeri Pulau Pinang and measuring approximately 303,162 square feet or 6.96 acres. The Land is subject to the category of land use ‘Building''. Approval has been granted by the relevant authority to convert the tenure of the Land from leasehold to freehold.

EOPP will be constructing a hypermarket building on the Land with gross built-up area measuring approximately 23,400 square metres with not less than 800 surrounding car park bays (‘Building'').

4.2 Conditions Precedent

The Agreement to Lease is conditional upon the following conditions precedent being fulfilled within twelve (12) months from the date of the Agreement to Lease or such longer period as the parties may extend by mutual consent:-
(i) The Lessee obtaining the approval of the Foreign Investment Committee for the Lease and the Ministry of Domestic Trade and Consumer Affairs for the development of a hypermarket building on the Land;
(ii) EOPP obtaining the approvals from the relevant authorities for the construction of infrastructure works and the design and construction of the Building;
(iii) The Lessee obtaining the approvals from the relevant authorities of the State of Pulau Pinang for the Lease; and
(iv) EOPP procuring the discharge of the first charge on the Land and the consent of the existing financiers.

4.3 Date of Commencement and Duration of the Lease

(i) The Lease shall commence on the third (3rd) business day from (and including) the date of the receipt by the Lessee of the certificate of fitness for occupation and on which date vacant possession of the Land and Building is delivered by EOPP to the Lessee (‘Lease Commencement Date'').

(ii) The Lease shall be for a term of twenty (20) years commencing from and including the Lease Commencement Date.

5. RATIONALE FOR THE LEASE

The Building will be constructed on the Land which forms part of Seri Tanjung Pinang, which is a major property development project for the EOPD group in Pulau Pinang.

The presence of Tesco, a prominent hypermarket operator, will enhance the value of the Seri Tanjung Pinang township.

don't you guys think there's too many TESCOs already?

SEED

May 23rd, 2007, 09:04 AM

the land was reclaim in just 1 year and they already started building houses on it.. i hav bad feelings for this project..

cooltemper

May 23rd, 2007, 09:06 AM

SEED

May 23rd, 2007, 09:09 AM

yeh.. anyway.. the construction is goin faster now and more houses being build..

wmkp

May 23rd, 2007, 06:39 PM

Pablo

May 24th, 2007, 02:35 AM

huh..another hypermarket? isnt our state government wanna stop building new hypermarket in penang island?

anyway, the new ''tesco extra'' has not more than 5 km to ''tesco jelutong''....Geng...:D:D, actually i would prefer the tesco extra to be built in the north of the island.

TYW

May 24th, 2007, 12:10 PM

the land was reclaim in just 1 year and they already started building houses on it.. i hav bad feelings for this project..

Yup, i also heard about that. Just 1 year, the soil just not good to form a good ground for buildings.

one year?? this thread itself is 3 years old and i remember the land being reclaimed for an even longer time ago!!

TYW

May 24th, 2007, 12:12 PM

I guess that's why Tesco had changed the name of the penang store from "Tesco Penang" to "Tesco Bandar Jelutung", that's wat thy have put on their new signboard near USM. I read Carrefour was looking fr a land in Penang and I assumed it is natural for thm to open a store on the north of the island.

huh..another hypermarket? isnt our state government wanna stop building new hypermarket in penang island?

anyway, the new ''tesco extra'' has not more than 5 km to ''tesco jelutong''....Geng...:D:D, actually i would prefer the tesco extra to be built in the north of the island.

i really hope it will not be TESCO near Tanjung Pinang. Carrefour is ok, since there's not Carrefour on the island. i just wish for more variety :D

cooltemper

May 24th, 2007, 01:17 PM

i really hope it will not be TESCO near Tanjung Pinang. Carrefour is ok, since there's not Carrefour on the island. i just wish for more variety :D

Ya lo, more variety meaning cheaper price ma...

nazrey

June 8th, 2007, 08:56 AM

E&O Property project to woo yachting community
By Marina Emmanuel
June 8 2007
BusinessTimes

PENANG'S role as a marine playground for individual boat owners is set to be enhanced with the construction of several pleasure marinas at the Seri Tanjung Pinang project in Penang.

Construction of the first pleasure marina and a block of serviced apartments and retail lots have commenced at the first phase of the project in Tanjong Tokong.

"We want to enhance the property value of our project by adding more marinas to the second phase while getting the yachting community on Penang island and overseas to use the facilities," E&O Property Development Bhd project director (planning and business development) Mohd Razeek Hussain told reporters during a media familiarisation tour of Seri Tanjung Pinang yesterday.

Mohd Razeek said the first marina, which will front the apartments and retail lots, are meant for the use of the project's residents and the locals.

He said the marina will be maintained by E&O Property Development.

"The first marina is slated for completion by 2010," Mohd Razeek said, "and we have not decided yet on the number of marinas which will dot the second phase of our project."

The Seri Tanjung Pinang project is a master-planned development totalling 392ha.

Its first phase comprises 96ha of landscaped parks, boulevards and seafront esplanades set amidst a guarded community of high-end and affordable housing.

Seri Tanjung Pinang Phase 2 will be made up of 296ha and will see a cluster of islands emerging offshore, linked by a series of bridges to Phase 1.

Mohd Razeek said the The Suites At Waterside project adjoining the marina is to be launched next month. It will comprise 160 serviced apartments which are priced from RM420,000 to RM1.8 million.

"Two floors of this block, totalling 250,000 sq feet, have been earmarked for retail use," he added, saying that E&O Property Development will rent the lots out in a bid to ensure a good mix of tenants.

"With the marina as its focal point, this project is set to be a hive of activity and colour reminiscent of waterfront tourist attractions in Australia, the Mediterranean and the US," he added.

TYW

June 8th, 2007, 08:59 AM

^^ i hope the marinas here will be more successful than the Tanjung City Marina. i guess it is possible for it to be better as the location is better

forever consern

June 11th, 2007, 08:13 AM

TYW

June 11th, 2007, 12:04 PM

Heard that the Hunza want to develop some mega project just beside Gurney Plaza, is exactly at the old upland school land ?

any clarification regarding this issues ?

how is the Infinity at Tanjung Bungah ?

hunza's project is here: http://www.skyscrapercity.com/showthread.php?t=299684

about infinity, i think construction should start soon ;)

TYW

June 11th, 2007, 12:06 PM

recent articles in the Star mentioned that there will be 3 islands in phase 2 of Tanjung Pinang ;)

forever consern

June 17th, 2007, 02:03 PM

hunza's project is here: http://www.skyscrapercity.com/showthread.php?t=299684

about infinity, i think construction should start soon ;)

if not mistaken , they are doing the sales office and sample house , is it ?

Pablo

June 17th, 2007, 05:53 PM

^^i guess so...i can c some works hav been carried out ;)

forever consern

June 18th, 2007, 03:16 PM

but the main focus around there is the Gurney Plaza extension work right ?

TYW

June 20th, 2007, 08:42 AM

posted by travellator

Seafront development planned in Penang

By PAULINE NG
IN KUALA LUMPUR Business Times - 19 Jun 2007
http://www.businesstimes.com.sg/mnt/media/image/launched/2007-06-19/BT_IMAGES_PLPENANG19.jpg
TRANSFORMED over the years from a laidback tranquil island into a city dotted with ever-increasing high-rise condos, Penang is set for yet another transformation. A nearly 40-ha integrated seafront development project to the north-east could well turn out to be the island's new pulse when completed, its promoters say.

Sri Tanjung Pinang, Penang's biggest seafront development, will involve reclaiming not only the land on the headland along Tanjong Takong but also a cluster of man-made islands adjoining the headland linked by a series of bridges.

Developer E&O intends to build about 3,000 units comprising roughly a third of landed, condominium and low to medium-cost units over the two-phase 'multi-island and headland' development spanning 15 years.

Nearly a third of the landed units have been launched under the current Phase 1 headland development, which covers some 100-ha and whose estimated gross development value is RM2.6 billion (S$1.16 billion). About 85 per cent has already been sold.

'A lot of money has been spent on reclamation, but cost isn't something I'd like to get into,' said E&O director of marketing & sales K C Chong.

What Mr Chong did want to go into greater detail during a media familiarisation trip to the project site earlier this month was the project's potential. Malaysian real estate is still some of the region's cheapest and the exemption of real property gains tax has spurred interest.

Despite the scarcity of land in Penang - seafront developments usually sell at a premium - Sri Tanjung Pinang is still affordable, Mr Chong said.A freehold two-and-a-half storey courtyard terrace home of some 3,345 sq ft is priced from about RM800,000 onwards. Prices have appreciated since last year when they were launched at around the RM750,000 mark.

The majority of buyers are from Penang and Kuala Lumpur. Twenty per cent of purchasers are foreigners from Singapore, Scandinavia, Britain and Australia, some of whom intend to settle down in Penang under the Malaysia My Second Home programme.

Mr Chong said the open-air courtyard concept, tropical architecture and 11-ft high ceilings are attractive propositions to foreign buyers. Designed by international architects Wimberly Allison Tong & Goo, Sri Tanjung Pinang has many features which take into account the expectations of international investors.

Commercial blocks, retail precincts, schools, parks, a marina and other social amenities form the rest of Phase 1. But perhaps the greater excitement lies in Phase 2 where three to four man-made islands of 300ha would be reclaimed. The current intention is to build high-rise commercial to low-density residential units, a 5-star hotel and boutique resort, a championship golf course, marina beach clubs and seafront residences with private berths.

'The farthest house from the water stage is less than 800 metres,' observed the company's project director (planning and business development) Mohd Razeek Hussain, who walked media through the sand replacement method which was the reclamation technique used in the headland development six years ago.

E&O Property plans to submit its Phase 2 plans soon and expects regulatory approval in two years. Sri Tanjung Pinang is located not far from the famous Gurney Drive and the proposed Penang Outer Ring Road highway would run along the reclaimed headland.

xzqtiv

June 21st, 2007, 05:20 PM

recent articles in the Star mentioned that there will be 3 islands in phase 2 of Tanjung Pinang ;)

Manage to view the revised Phase 2 Master Plan of Seri Tanjung Pinang. Exceptional layout but afraid it's rather too ambitious.

rizalhakim

December 5th, 2007, 09:59 AM

http://www.eoprop.com/stp/_repository/stp/master/master_layout.gif

rizalhakim

December 5th, 2007, 10:06 AM

Seri Tanjung Pinang – Penang’s largest masterplanned waterfront community

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

LAUCHING SOON

VILLA BY THE SEA

Public Launch starts
15 December 2007

http://www.eoprop.com/stP/index.cfm?landing=true

rizalhakim

January 8th, 2008, 06:44 AM

Suites at the Waterside

http://bp0.blogger.com/_jnitJsnrRX4/RuQWo90bVkI/AAAAAAAAACU/4l9kgSEqgu8/s1600/a2.jpg

E&O opens "Suites at the Waterside" for sale
E&O Property Development Bhd has recently opened for sale its service apartments on Penang Island called “Suites at the Waterside”.

Built around the Waterside at Seri Tanjung Pinang, the one and two-bedroom service apartments is located on a 4.8ha site and will feature a pleasure marina, waterfront promenade, retail marketplace and a five-storey lighthouse named “The Beacon”.

The developer is offering 160 units that front the sea and surrounding areas that emulates several of the world’s renowned waterfront destinations in Australia, the Mediterranean and the United States.

Buyers will have four floor plans to choose from, with built-up areas ranging from 853sq ft to 2,568sq ft with prices tagged from RM445,000 to RM1.246 million per unit. The serviced apartment is scheduled for completion by 2010.

E&O Property said, “The suites are rather unique in that they are richly-decorated. Internal floors are covered in teak timber and maximising the picturesque sea views are full-length windows.

“There are also fitted wardrobes, light fittings, air conditioning units as well as stylish designer kitchens complete with branded appliances.”

Residents will also be pampered in five-star fashion, with a full range of hotel-style, pay-on-demand services such as housekeeping, concierge and food and beverage.

“Our aim is Seri Tanjung Pinang to be on par with some of the world's most desirable resort destination to live in, sail in and vacation,” E&O said.

nazrey

July 11th, 2008, 03:55 PM

Pulau Jerejak: From Penal Colony To Resort Island
July 11, 2008 17:16 PM
By Lizawati Bahanan

PULAU PINANG, July 11 (Bernama) -- Most city dwellers would welcome a brief respite from the hustle and bustle of life in the concrete jungle as well the smog-filled and traffic-congested urban streets.

To them, a sojourn at an island would be most welcomed; the cacophony of sounds from the chirping birds and rolling waves would be like music to their ears.

The lush, thick and green foliage and crystal blue water is a sight to behold.

This is the scenario that greets the eyes of the city folks who step on Pulau Jerejak.

FOUNDED BY FRANCIS LIGHT

The 362 hectares Pulau Jerejak is located 1.5 nautical miles from the mainland.

The island's jungle, believed to be over 4,000 years old, is reputed to hold 210 species of flora as well as 39 species of fauna .

Francis Light, was believed to be the first to set foot on Pulau Jerejak in 1786, before he went on to discover Pulau Pinang.

ISLANDS HISTORY

The name Pulau Jerejak (Jerejak Island) was unveiled in the British colonial archives when in 1797, Colonel Arthur Wellesly of Wellington, England, suggested that the island be turned into a harbour for the British Empire's navy to protect Jamestown, now known as Bayan Lepas.

In 1910, Pulau Jerejak was turned into a quarantine centre for immigrants and at the end of 1930s, the island became a colony for lepers.

Pulau Jerejak came into the limelight some years back after there was a controversial plan to turn the island into a casino. But after much flak from various parties, the plan was snipped in the bud.

After the Second World War, Pulau Jerejak was dubbed as the 'sanatorium' when the island was turned into the refuge for war victims who suffered tuberculosis.

Then, the British colonialists decided to build a sanatorium on the eastern side of the island, to accommodate some 150 people who suffered from leprosy and tuberculosis.

Then, on June 12, 1969, it was turned into a penal centre for hardcore criminals serving their time, hence its nickname 'The Alcatraz of Malaysia', in reference to the maximum-security penitentiary on an island in the United States.

Prior to this, Pulau Jerejak served as a camp for the British government's political detainees as well others who were banished to the island.

Some of the Malay nationalists who were banished to this island were Dr Burhanuddin Al Helmi, Ahmad Boestaman, Ustaz Abu Bakar Al Baqir, Ustaz Salleh, Cikgu Muhd Yusof Ayob, Rashid Karim and Ibrahim Karim.

In 1981, a riot occurred in which about 100 detainees ran amok after learning that their period of detention on the island had been extended.

In the following years, the number of detainees ballooned to 982.

As a security measure, the parameters 200 metres off the island was declared off-limits to fishermen.

Nevertheless, seven detainees managed to break out from the fortress-like detention centre; four in January 1988 and another three in May the same year.

In 1990, the government decided to close down the penal colony for good and had the detainees transferred to detention centres in Muar and Simpang Renggam in Johor.

The last batch of the detainees was moved on Aug 13, 1993.

FROM PENAL COLONY TO TOURIST DESTINATION

In 2000, Pulau Jerejak, which had been dubbed as either a sanatorium or prison, was turned into a tourist attraction in line with efforts to boost Penang's tourism sector.

Hence, the island's foreboding image as a place for the banished was eradicated for good. In 2003, the island's only resort, the Jerejak Resort and Spa, took shape and began operations in January the next year.

Built on the very spot where the leprosarium used to stand, the resort offers dorms, rooms and chalets for tourists who wish to stay overnight.

FERRIES, CHALETS, DORMS

The ferry service, from the Pantai Jerejak terminal in Pulau Pinang to Pulau Jerejak starts at 6.30am until 10.30pm while the return trip is from 7.30am to 11.30pm daily.

For the weekend, the last call for the less than one-hour terminal-resort trip is at 12.30am while it is at 1.30am for the way back.

The fare is RM12 (adults) and RM8 (children) for weekdays and RM30 and RM18 respectively for the weekend.

For the day-trippers, there is a package that covers the fare and buffet lunch at the 24-hour Restoran Santapan (Santapan Restaurant).

The rate is RM30 (adults) and RM18 (children) for weekdays and RM42 and RM24 respectively on weekends. Accommodation in the form of dormitories, rooms and chalets are affordable.

Several tourists, interviewed on the island, expressed their surprise at the island's transformation into a tourist destination.

"Previously, people felt nervous and uneasy at the mention of Pulau Jerejak, but it is no longer the case now. Many activities can be done here," Kuala Lumpur-based executive Adam Rayyan Iskandar told Bernama at the resort.

Businessman Jason Tan, 54, said Pulau Jerejak is an ideal holiday spot for the family. "Here, the atmosphere is serene and peaceful and there is also a spa. This place is suitable for the family and newly-weds", he said.

Recreation comes in the form of the 'flying fox', suspension bridge, wall climbing and abseiling, jungle trekking, hiking, mountain biking, paint ball 'war games', water polo, beach football, netball and volleyball.

-- BERNAMA