PENANG | Projects & Construction

[Maxxclip]

Originally Posted by nazrey

PGCC

Stunning!

[nazrey]

Originally Posted by nazrey

The Spring

Update :
by forever consern

[_zner_]

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

[jlshyang]

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

[SilesianSkyscraper]

Beautiful!

[nazrey]

Originally Posted by nazrey

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


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

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

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

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

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

- A seven-acre park fronting the sea.

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

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

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

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

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

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

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

[nazrey]

Originally Posted by nazrey

New Project
PLATINO



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

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

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

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

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

Metro East

Update :
by forever consern
IJM new project, The Platino, behind Tesco, Mtro East

[nazrey]

Originally Posted by nazrey

Springtide residencess

Update:
@ Tg.Bungah by 7crewz

[pen]

Latest project.

THE LIGHT Waterfront Penang

A Mega Icon

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

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

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

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

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

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


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

[Adam Tan]

THE LIGHT Waterfront Penang

[ZZ-II]

any news about the PGCC? looks so imressive!

[nazrey]

>> http://www.skyscrapercity.com/showth...=518768&page=3

[haze]

new project

by pen



DESIGN PHILOSOPHY


EXHIBITION

Penang Tech Museum

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

SHOP

Outdoor Shopping promenade & Concept Stores

DINE

Business Class Fines Dining Restaurants

HOMES

Hi-Tech Homes with Intelligent Home System

ENTERTAINMENT

Cyber Gaming Community Cluster


Location



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

[pen]

NEW PROJECT

WIKIWORLD, Penang Cybercity 1.


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

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

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

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


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

[nazrey]

New Project
Penang Sentral

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

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

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

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

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

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

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

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

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

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

[nazrey]

Update:
@ Tg.Bungah by 7crewz

Update:
by Gan Fye

[nazrey]

Originally Posted by nazrey

The Cove
Tanjung Bunga, Penang. Malaysia.

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



by cooltemper

Update:
by Gan Fye

image hosted on flickr

[nazrey]

The Cove @ Tanjung Bungah
by Les Chang

image hosted on flickr


image hosted on flickr

[built_in_me]

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

[built_in_me]

and whats the status of the ONE