Stonyhurst Penang International School opening in 2019
Stonyhurst College
The Penang State Government, Stonyhurst College, and LAPIS announced on 16 Sept the development of Stonyhurst Penang International School in Seri Tanjung Pinang, Tanjong Tokong, Penang, Malaysia. It will attract both international and Malaysian students from the region to study in Malaysia, in line with the Penang State Government’s vision to develop Penang as an Education Hub.
The school, which will accommodate up to 1,200 local and international pupils aged 3 to 18, will be operated by Stonyhurst College upon completion in 2019. The school will offer both a British curriculum to prepare students for entry into the best UK and international universities and some Malaysian subjects for local students.
The Chief Minister of Penang, Mr Lim Guan Eng, witnessed the signing of the key agreements on this landmark collaboration involving the Penang State Government, LAPIS, and Stonyhurst.
Head Teacher of Stonyhurst, Mr John Browne commented: “Stonyhurst College was founded in 1593 and has a proud Jesuit heritage and culture. I am honoured and moved to be part of a new chapter in its history, by signing this agreement with Chief Minister Lim Guan Eng. The opening of the Stonyhurst College in Malaysia is an historic milestone for the school and one which I sincerely hope will benefit both the community of the school and the wider community around it.”
Chairman of the Board of Governors of Stonyhurst College, Mr John Cowdall said: “As Chair of the Board of Governors, it gives me the most enormous pleasure to witness the signing of the agreement which will allow Stonyhurst College to have a presence in Malaysia. The Board of Governors has given this historic development a great deal of consideration and we are delighted to have reached this significant stage. We are all committed to seeing this extraordinary project come to fruition.”
Director of LAPIS, Mr Michael Sng added: “LAPIS is proud to build on its success with St Joseph’s Institution International School in Kuala Lumpur to form a partnership with Stonyhurst in Penang. This has tremendous potential as the Penang State Government continues to successfully attract high quality foreign investment”.
Location Map:
Source: ICN
great news for seri tanjung pinang property owners! Huge catalysts and price will up up up again……woooo hoooo!
haha, education is good for commercial as expenditure, it will not bring much value in term of job opportunity, don’t forget, international college is not affordable for majority Penang lang.
My 2 cents
International school is to up class the stp community, not for average locals.
then, what is the implication to bring value for the property market?, personally, i don’t see the international school appear could bring any value in term of job opportunity, in fact, it is just a business to earn our local people money whoever up to class community or average local, it doesn’t bother me, however, using international school as a driver to bring the property market, it does not have any implication at all, it is just a tool/strategy for developer to speculate the market, wake up.
My 2 cents.
@STP rocks
Should it be Jam, Jam, Jam…traffic jam loll
@Jess
of course, jam is un-avoidable LOLOLOL
@James
Wake up pls, go study Mont Kiara community and their property price.
When you have international school, it will attract international communities to flock in, of course location play a big part, you see those international schools at tanjung bungah and bt feringghi doing very well, but those schools at balik pulau and simpang ampat are not.
With international communities moving in, their spending power is higher (thanks to our sucking RM) therefore the high rentals/property price that you average joe keep crying on, is just peanut price for them. If 99 people say cheap and just 1 people say expensive, then the price will not come down.
Together with SAM’s groceria, Tesco, Straits Quay eateries, it forms a good environment for them to living in, everything is within walking distance, walkability score is high at STP.
@Lam Pah Chi
You are still in the dream I guess as of now, wake up please, look at the current market, or you still can siok for yourself. It is useless to talk about that until you manage to sell off your units successfully, or else it is just a paper profit. every day you can siok by yourself in staying in this neighbourhood. good luck to you with this mind set. : )
My 2cents.
konichiwa,
I am vary happy you have international school in STP. ah so… my children can walk to school next time. STP vary nice to stay, my wife like a lot. Maybe I will consider MM2H. ah so….I will also recommend my friends.
@James
Who siok sendiri or who regretting missing the boat, we shall see when the neighbourhood matured. Good luck to you.
I agreed. Property investment is long term. Seri Tanjung Pinang will slowly becoming the affluent neighbourhood in Penang. You might think that the property there is very expensive; but frankly speaking, to foreigner, it is just the same price as the apartment at their home country. For comparison, a normal public housing flat (HDB) in SG costs $400-500k (~MYR1.5mil).
Agreed, if you buy the property for long term investment provided with your holding power is strong, i think it is fine, however, if you buy the property for short term and without strong holding power, then, the issue arise. I didn’t mean of Seri Tanjung Pinang is not a mature location in term of neighborhood, in fact, this neighborhood is accepted to be a prime area no doubt, what i am trying to say is.. please do not happy or expect the price will continue to uptrend because of this international school, it is not the main driver to make your property more valuable, it should be evaluated based on the whole economic or job opportunity as those factors are the valid to soar the market property from supply and demand perspective. without putting this factor into consideration, who will buy this kind of expensive property from seller, you are still not in profit yet until your property manage to be sold off, no matter how high the price of the property from market valuation. it is just a paper profit.
One has a narrow minded to persuade yourself with this international school exists and assume the property market can continue to be uptrend , another example is Ikea, in fact, it makes not much difference as it is not the main driver for property market but facilities which to have more choices for people to enjoy more conveniences but transportation system still play an important role but still a big gap for improvement, anyway, unless the property is meant to be for own stay, you can enjoy to the neighborhood. To be honest, Seri Tanjung Pinang is quite a nice place in contemporary design and landscaping.
Besides, don’t forget, those commercial activities are meant to be a business. they are here to get profit from business instead of helping Penang property market for no reason.
My 2 cents from my personal view.
Definitely, a plus point for properties around STP with this international school. Property value here would be more stable despite the slump in the already bad market.
aiyo talk so much useless one lah, everything boils down to just very simple principle, that is, supply and demand. In the last few years, greedy developers have built too much, our state has given approval for too many, therefore causing a massive oversupply. MBPP/state have absolute power in controlling approvals, but they just decided to side with developers. Now, our federal is showing the rocketman how to control, just by stopping approvals for whatever that is not supposed to be built. Nice and simple.
May i know the Stonyhurst Penang International School already confirm at Seri Tanjung Pinang ?