Archive for May, 2008

Penang apartments and condominiums in the vicinity of PCC1

Tuesday, May 13th, 2008

Penang is the first state in Malaysia outside Multi Super Corridor (MSC) to be officially granted the Cybercity status, providing a high-tech growth platform for the state of Penang. Penang Cybercity 1 (PCC1), covering an area of about 923 hectares at the south-eastern of Penang Island, was launched by YAB Prime Minister of Malaysia on 29 January 2005. PCC1 includes Bayan Lepas Industrial Park, a portion of Bayan Baru area, and Queensbay as well as PDC’s upcoming Bayan Mutiara development along the Sungai Nibong coastal area. PCC1 is surrounded by Penang International Airport and Bayan Baru township whilst the Bukit Jambul Golf Course and University Sains Malaysia Campus is located to the west and north of PCC1 respectively. IF you need locational guide, go to Google map.

The PCC1 is currently undergoing upgrade. It was reported recently that the number of MSC companies in Penang has increased to 146 compared to 116 companies as at July last year. More at Penang plans more MSC-status firms. Notable upcoming MSC compliance office building located within or near PCC1 are suntech@Penang Cyber city,PDC’s Bayan Mall 2, Wikiworld, Penang’s first digital lifestyle mall with 136 units of MSC offices and the one Penang cyber city. More related info at KFH to finance The One cyber city.

Apartments and Condominiums in the vicinity of PCC1

The establishment of the Bayan Lepas Industrial Park since 1972 has accelerated the development of satelite township of Bandar Bayan Baru as well as mushrooming of many medium range high rise apartments and condominiums mostly developed by private housing developers in the following areas :-

PCC1 North

Sg Nibong / Batu Uban area : Villa Emas, Gold Coast, Putera Place, Putera Marine, E Park, N Park, Sunny Ville, Villa Sri Kenanga, Century Park, Krystal Court.

PCC1 North West

Sungai Dua / USM area : Universiti Heights, Desa Permai Indah, Sri Saujana, Desa Universiti, Taman Jubilee, Taman Pekaka, Taman Sri Bunga. Relau area: Vista Condo, Desamas Melur, Relau Indah, Desa Relau, Villa Kejora, Marina Tower.

PCC1 West

Bayan Baru / Bukit Jambul area : Halaman Cendana, Lavinia Apartments, Halaman Teratai, Parkview Towers, Alphine Towers, Lakeside Towers, Desa Bukit Jambul, Desa Golf, Ayu Heights, Fairway View, Golf View, Halaman Areka, Sri Bukit Jambul. Sungai Ara area: Pearl Garden, Acres Villa, Springfield, Vistaria, Regency Heights.

Majority of these apartments and condominiums in the vicinity of PCC1 are medium range category. Notable higher end luxury resort condominiums are located along the Sungai Nibong coastal area with pricing ranges from RM750,000 to RM1 million perunit namely Putera Marine and The View Condominiums with floor areas 2,000 sq ft onwards whilst other mid range condominiums with floor areas of 1,000 sq ft to 1,600 sq ft with pricing ranges from RM250,000 to RM500,000 perunit are namely Alpine towers, Gold Coast, Putera Place, Regency Heights, Pearl Garden, Sunny Ville, Fair View, Golf View, Sri Saujana, Lavinia Apartments, Desa University. The rental rates range from RM1,000 onwards for unfurnished units whilst rental for furnished units range from RM1,500 to RM3,500 permonth.

Mid range 3-bedroom apartments, with floor areas of 700 sq ft to 970 sq ft and pricing between RM150,000 to RM250,000 perunit are namely Desa Permai Indah, E Park, N Park, Acres Villa, Kristal Villa, Taman Pekaka, University Heights, Desa Golf etc. Rental rates range from RM700 onwards ( standard unfurnished unit) and RM1,000 to RM1,500 permonth ( furnished unit).

However, for those seeking affordable apartments costing RM150,000 and below, there are many apartments located along the locality of Relau to Payar Terubong main road namely Marina Tower, Desamas Melur, Relau Indah etc. Rental rates for aparments in this area are in the range of RM600 to RM700 permonth unfurnished.

For advisory on individual property purchases and rentals of Penang apartments and condominiums in the vicinity of PCC1 area, email to us at Izrin &Tan Properties Sdn. Bhd. or call us at +604 6588333 (Penang Office) or +603 92839782 (Kuala Lumpur Office) and we would be pleased to assist.

Aerial view of part of the PCC1 area (source from Thestar online)

View of Villa Emas along the Bayan Lepas coastal highway

View of the Lakeside Apartments in Bukit Jambul Indah

View of the Lavinia Apartments at Sungai Nibong

General View of Bukit Jambul / Sungai Dua housing area