In a league of its own: The Penang WorldCity mega waterfront development is envisaged as a modern cosmopolitan enclave.

Ivory Properties Group Berhad will be showcasing several prominent projects at a four-day roadshow over the 57th National Day weekend.

The developer will hold its Merdeka Property Roadshow from 10am to 10pm daily, Aug 29 to Sept 1 at the central atrium of Gurney Plaza in Penang.

Ivory chief operating officer Goh Chin Heng said the projects to be showcased include The Wave at Penang Times Square, The Latitude in Tanjung Tokong and the much-talked about Tropicana Bay Residences in Penang WorldCity.

Tropicana Bay Residences is the first phase of the Penang WorldCity mega waterfront development and comprises six blocks of 22-storey condominium towers with a gross development value of RM835mil.

Goh said the blocks would house units sized from 455sq ft to 1,950sq ft, and available in eight distinctive layouts. Conceptualised by an international architect, units are designed to foster healthy outdoor living.

Residents and guests alike will be greeted by an impressive drop-off point. Inside, there are resort-style amenities like an overhanging pool, tennis court, saunas and gymnasium, among others.

“The Residences have enjoyed a highly positive response since its soft launch. To date, 90% of units in the first four blocks have already been taken up.

“Block E is now open for registration with units sized from 872sq ft to 980sq ft,” he said, adding that current average selling prices vary from RM458,000 to RM1.3mil, with an average rate of RM867 psf.

Visitors to the roadshow should also check out The Wave which is phase three of Penang Times Square in George Town. Goh believes its revolutionary concept will make it one of the most sought-after addresses in the state.

The building features an extraordinary exterior, with sun protection stripes that appear to rhythmically lap over the glazed glass facade, creating the impression that waves are going over the building.

“When viewed from different angles at different times of day, the panels appear to be in different colours, evoking the illusion of a vertical sea with colourful corals.

“This distinctive design garnered it the ‘highly commended’ award in the Residential High-rise Architecture, Malaysia category of the Asia Pacific Property Awards 2014-15 recently,” said Goh.

There are 312 units, available in four types – corner units, intermediates, penthouses and duplexes, which range in size from 1,205sq ft to 2,905sq ft. Five vertical courtyard gardens will sub-divide The Wave.

Goh said The Wave’s residential component would cover 27 floors, complemented by 11 storeys of podium for car parks, lifestyle facilities and retail lots.

Also on show is the commercial component of The Latitude in Mount Erskine, Tanjung Tokong. The bespoke shoplots sit on an ideal catchment area, serving over 1,500 residential units in the vicinity, including the neighbouring The Peak Residences.

Goh said the 1,390sq ft lots, priced affordably from RM826,637, would be ideal for food and beverage business besides being great investment choices with good potential for capital appreciation.

He also said buyers would enjoy special promotional packages during the roadshow. Visit the roadshow to find out more.

For the Penang WorldCity development, the public can also visit its sales gallery near Queensbay Mall, call 04-6596888 or log on to www.penangworldcity.com.

For details on other projects, visit Ivory’s sales gallery at the Ivory Tower in Penang Times Square which is open from 11am to 6pm daily except Sundays. Alternatively, call 04-2108000 or email to marketing@ivory.com.my or contact@ivory.com.my.

Source: StarProperty.my