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Old January 13th, 2007, 04:50 PM   #1
Adam Tan
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PENANG | Seri Tanjung Pinang Development News


ERI 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. (The Star)

Location map & Master layout plan








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Old January 13th, 2007, 06:00 PM   #2
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Nothing special architecturally, but masterplans are always fun to look at.
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Old March 29th, 2007, 04:47 PM   #3
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Quote:
Originally Posted by jay2000 View Post
hope it becomes reality
it is a reality!! phase one of the reclamation is completed. most of the houses and bungalows are also completed.

here's a Google Earth pic of the area (old of course)



and this is the courtyard terrace house (Ariza)

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THE CITY OF GEORGE TOWN, PENANG (1ST JANUARY 1957)

"the said Municipality of George Town shall on the First Day of January in the Year of our Lord one thousand nine hundred and fifty seven and forever thereafter be a city and shall be called and styled the CITY OF GEORGE TOWN instead of the Municipality of George Town and shall thenceforth have all such rank, liberties, privileges and immunities as are incident to a city." - Queen Elizabeth II
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Old March 29th, 2007, 04:52 PM   #4
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They reclaim the sea ah??

Should be la....coz Penang need land to develop...
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Old March 29th, 2007, 04:53 PM   #5
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since the pics aren't showing, i'll post some more pics




this pic taken about 1 year ago

the 2nd phase of the reclamation will be those islands. it is expected to start soon.

2nd phase of development will be condominiums. no renderings yet though
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THE CITY OF GEORGE TOWN, PENANG (1ST JANUARY 1957)

"the said Municipality of George Town shall on the First Day of January in the Year of our Lord one thousand nine hundred and fifty seven and forever thereafter be a city and shall be called and styled the CITY OF GEORGE TOWN instead of the Municipality of George Town and shall thenceforth have all such rank, liberties, privileges and immunities as are incident to a city." - Queen Elizabeth II
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Old March 29th, 2007, 04:53 PM   #6
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The project quite gigantic. I luv Penang, such a nice place.
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Old March 29th, 2007, 04:54 PM   #7
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Quote:
Originally Posted by AhChuan View Post
They reclaim the sea ah??

Should be la....coz Penang need land to develop...
yes! it is the largest land reclamation project in Penang.
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THE CITY OF GEORGE TOWN, PENANG (1ST JANUARY 1957)

"the said Municipality of George Town shall on the First Day of January in the Year of our Lord one thousand nine hundred and fifty seven and forever thereafter be a city and shall be called and styled the CITY OF GEORGE TOWN instead of the Municipality of George Town and shall thenceforth have all such rank, liberties, privileges and immunities as are incident to a city." - Queen Elizabeth II
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Old March 30th, 2007, 06:28 PM   #8
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Old March 30th, 2007, 06:29 PM   #9
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Old March 30th, 2007, 06:30 PM   #10
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Old March 30th, 2007, 06:33 PM   #11
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Quote:
Originally Posted by will.exe View Post
Nothing special architecturally, but masterplans are always fun to look at.
i will not say it is nothing special on the architecture...in fact i find the houses in Tanjung Pinang is 1 of the most unique in Malaysia
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Old April 5th, 2007, 08:34 AM   #12
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new pic taken from Penang Hill
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THE CITY OF GEORGE TOWN, PENANG (1ST JANUARY 1957)

"the said Municipality of George Town shall on the First Day of January in the Year of our Lord one thousand nine hundred and fifty seven and forever thereafter be a city and shall be called and styled the CITY OF GEORGE TOWN instead of the Municipality of George Town and shall thenceforth have all such rank, liberties, privileges and immunities as are incident to a city." - Queen Elizabeth II
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Old May 10th, 2007, 04:06 PM   #13
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Bought a unit at STP recently. Can't wait for the development to be ready.
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Old May 15th, 2007, 07:39 AM   #14
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welcome to the forum, tpinkerton!!

maybe you would like check out the malaysian forums as well
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THE CITY OF GEORGE TOWN, PENANG (1ST JANUARY 1957)

"the said Municipality of George Town shall on the First Day of January in the Year of our Lord one thousand nine hundred and fifty seven and forever thereafter be a city and shall be called and styled the CITY OF GEORGE TOWN instead of the Municipality of George Town and shall thenceforth have all such rank, liberties, privileges and immunities as are incident to a city." - Queen Elizabeth II
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Old May 15th, 2007, 02:40 PM   #15
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Quote:
Originally Posted by will.exe View Post
Nothing special architecturally, but masterplans are always fun to look at.
I agree with you. Nothing new in the architecture, except the size of the area.
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Old May 16th, 2007, 05:07 AM   #16
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maybe the architecture was designed such way to favor Penang's identity with its colonial buildings....

overall....nothing mesmerize me at all
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Old May 20th, 2007, 06:32 PM   #17
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hi pinkerton,

i am also interested in the neigbourhood but i'm also quite paranoid about two things. a) tsunami and b) the possibility the reclaimed land developing problems (eg sinking, cracks etc)

when you bought your unit, did you consider these matters? just curious
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Old May 20th, 2007, 07:46 PM   #18
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Quote:
Originally Posted by penanglang View Post
hi pinkerton,

i am also interested in the neigbourhood but i'm also quite paranoid about two things. a) tsunami and b) the possibility the reclaimed land developing problems (eg sinking, cracks etc)

when you bought your unit, did you consider these matters? just curious
hi penanglang --

don't worry about tsunami. what damage did it do to gurney drive the last time? after the first incident, there are now detectors all over the oceans... you will be warned way before the waves hit the shores. furthermore, the waves that hit penang were somewhat secondary.... we are blocked by sumatra. also this part of the island is not facing the indian sea.... instead seri tanjung pinang faces mainland butterworth. so anything that hit this part of the island will be weak.... damage will be minimal (if any).

as for reclaimed land... well i live in singapore. marina bay where the new casino will be built is on reclaimed land. new condos there... 99yr leasehold are asking almost S$3,000psf.... one of the most desirable address to live in! same with sentosa cove on sentosa island.... bungalows there on the waterfront (reclaimed land) are worth more than S$20mil per unit. 99yr too. oh by the way.... don't worry about sinking.... hv you ever heard houses on reclaimed land sink? btw, am a trained civil engineer

let me highlight some points why i think seri tanjung pinang will be a good place to invest:--

a) waterfront (always command a premium)

b) mid-east investors and spore's temasek hv stakes in the new seafront villas (yet to be launched)

c) tesco will be there (along the mainroad)

d) penang outer ring road

e) monorail

f) and many more.....

this is the first penang project which i find is of international std. that's why you see them daring to exhibit in singapore, hongkong and london. if you are not of a certain calibre (sorry to say this but most m'sian projects suck!), you will not dare to step into these big cities, speaking to sophisticated investors. so there you go.... good luck!
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Old May 21st, 2007, 09:09 PM   #19
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cant agree more with u pinkerton. my mum also have an eye for seri tanjung pinang unit but my sister pipped her and bought one. she also cant wait to move in. not sure which unit but i cant wait too...

for now we're comfortable living along brown road. close to gurney...

welcome to penang. may not be as big and full of hype like singapore and kl, but its own charm will forever be a plus factor for me.
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Old May 22nd, 2007, 06:46 AM   #20
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Quote:
Originally Posted by pinkerton View Post
c) tesco will be there (along the mainroad)
Tesco?? where did you get this info?? i think there's too many Tesco's already.
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THE CITY OF GEORGE TOWN, PENANG (1ST JANUARY 1957)

"the said Municipality of George Town shall on the First Day of January in the Year of our Lord one thousand nine hundred and fifty seven and forever thereafter be a city and shall be called and styled the CITY OF GEORGE TOWN instead of the Municipality of George Town and shall thenceforth have all such rank, liberties, privileges and immunities as are incident to a city." - Queen Elizabeth II
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