PENANG CONSTRUCTION PROJECTS | General Thread

i found this:

Wednesday, October 08, 2003
Palmex to launch RM180mil projects

By David Tan in Penang
PALMEX Industries Sdn Bhd, a subsidiary of Palmco Holdings Bhd, will launch 645 condominium units in Sungai Ara and Tanjung Tokong next year. The project has gross sales value of some RM180mil.

Its general manager Ang Hooi Eow told StarBiz that 529 units, known as Regency Heights, would be sited on 15 acres in Sungai Ara.

''The scheme (in Sungai Ara), with a gross sales value of about RM120mil, will be launched early next year and is scheduled for completion in 30 months,'' he added.

The units, priced from RM195,000, have built-up areas of 1,258 sq ft. There are also 16 penthouses with built-up areas of 2,516 sq ft, selling from RM488,000.

According to Ang, the selling point of the condominium is that they are located on elevated ground 200ft above sea level.

Most of the units face the sea, and the rest the greenery of the hills. Other selling points, he said, were the spaciousness of the units, smart-home features, round-the-clock security, Balinese landscaped garden, and its comprehensive range of clubhouse facilities.

''Most of the medium- and high-cost properties in the area appreciate between 20% and 25% in capital value after obtaining the certificate of fitness.

''The capital value of Regency Heights is likely to follow this pattern,'' Ang said.

He said that Palmex would in the second half 2004 launch 116 high-end condominium units on 4.4 acres in Tanjung Tokong.

The project, known as Valencia, has a gross sales value of RM60mil and is located opposite the Island Plaza shopping complex. It is scheduled for completion in 30 months.

Ang said Palmex's recently launched projects included the Palm Garden comprising 40 double-storey terraced houses and 28 three-storey terraced houses in Sungai Ara.

Recently, Palmex also launched 27 three-storey shop offices in Sungai Ara, scheduled for completion in the current quarter.

u/c @ Penang

here is a thread of Penang's u/c projects, requested by Baq

U/C

1. The Mayfair
-hotel?? residential?? (forgotten)
-about 20+ or 30+ stories
-located along Penang's Millionaire's Row, Northam Road (Jalan Sultan Ahmad Shah)

2. Coastal Towers
-Residential (2 Towers)
-31 stories
-located at Tanjung Bungah
-Developer: Taman Ratu Sdn. Bhd.
-Expected Date of Completion: July 2004
-Total No. of Units: 312
-Price Range: RM139,000(min) - RM230,000(max)
-already topped out
http://skyscrapercity.com/showthread.php?t=63667

3. Mutiara Heights
-residential (2 towers)
-29 stories
-located along Jelutong expressway
old pics


http://skyscrapercity.com/showthread.php?t=80832

4. Gurney Palace
-residential
-31 Stories
-located at the famous Gurney Drive(persiaran Gurney)
-topped out (i think)


more pics--->http://skyscrapercity.com/showthread.php?t=83650&page=1&pp=20

5. 11 Gurney Drive
-residential
-located at the famous Gurney Drive(persiaran Gurney)




www.11gurneydrive.com
more pics--->http://skyscrapercity.com/showthread.php?t=83650&page=1&pp=20

6. University Place
-31 stories (2 Towers, topped out)
-Tenure of land Freehold
-Land use Residential & commercial
-Location Jalan Bukit Gambier
-Estimated completion date August,, 2004
-Development cost RM 120 million
-Size 10 acres


August 8, 2003

August 27, 2003


August 28, 2003




www.ivory.com.my

7. e-GATE
-located at Metro east(near Penang Bridge Udini Interchange)
-Land Area: 2.7 acres
-Total No. of Units: 153 Units
-Total No. of Storey: 5
-(2-Storey Retail cum 3-Storey Office)
-Carpark: 1-storey Basement Carpark
-No. of Blocks: 1
-Land Tenure: Freehold
-Facilities: 'Always-On' High-Speed Internet Services, Server Centre for Web-Hosting/ Email Maintenance, Video Conferecing, Smart Security System
-Available built-up area: from 431 sq.ft.
-Price :from RM108,000



www.ijmproperties.com

8. TESCO Metro East
-"the largest of the Tesco chain of hypermarkets featuring 10,000sq m of sales area due to open by end of the year."
-located at located at Metro east(near Penang Bridge Udini Interchange)
http://skyscrapercity.com/showthread.php?t=92253

9. Alpine Tower
-Land Area: 2.24 acres
-No. of Units: 173
-No. of Blocks: 1
-No. of Storeys: 23
-Facilities: Swimming Pool & Children's Pool, Gymnasium, Jacuzzi, Children Playground, Games Room, Multi-Purpose Hall, Smart Security System, 24 Hours Security, 'Smart Home' Structured Cabling, 24 Hours 'Always ON' High Speed Internet Access, ASTRO Cabling, Advanced Telecommunication System, Multi-Storey Carpark, Carwash Bay, BBQ Area, Landscape Garden & Viewing Patio, Grand Entrance Lobby
-Unit Type/Built-up Area:
A: 1474 sq.ft
A1: 1302 sq.ft
B: 1227 sq.ft
B1: 1248 sq.ft
C: 1108 sq.ft
C1: 1140 sq.ft
C2: 1151 sq.ft
C3: 1184 sq.ft
D: 1646 sq.ft
D1: 1474 sq.ft
E: 936 sq.ft
E1: 968 sq.ft
F: 2131 sq.ft
F1: 2281 sq.ft
G: 2314 sq.ft
H: 1345 sq.ft
-Project Status:Construction will be completed soon ..... (topped out, working on the interiors)





www.ijmproperties.com
more pics--->http://skyscrapercity.com/showthread.php?t=90557&page=1&pp=20

10. Ocean View
-Total no. of Blocks: 1
-Total no. of Units: 440
-Total no. of Storeys: 11
-Land Tenure: 99 Year Leasehold
Type A: 860sf.(3 Bedrooms)RM139,600 - RM153,600
Type B: 880sf.(3 Bedrooms)RM147,800 - RM159,800 (SOLD OUT)
Type C: 1220sf.(4 Bedrooms) RM202,200 - RM214,200 (SOLD OUT)
-Expected to be completed: mid 2004


www.ijmproperties.com

TO BE CONTINUED...... lunch time