Modern homes: Visitors checking out the offerings by Ivory Properties during its recent Merdeka Roadshow at Gurney Plaza.

Ivory Properties Group Bhd will offer special promotional packages for its various developments in Penang during the three-day Malaysia Property Expo (Mapex) 2014 starting on Friday.

These include Tropicana Bay Residences, the first phase of the Penang WorldCity mega waterfront development in Bayan Indah, along with The Wave in Penang Times Square, and The Latitude in Mount Erskine.

Home buyers will also have the choice of assorted units from the developer’s already completed projects at the fair at the Subterranean Penang International Convention and Exhibition (SPICE) Centre.

Ivory corporate communications manager Ann Tan said they received overwhelming response to the Tropicana Bay Residences in their recent Merdeka Roadshow in Gurney Plaza.

Though the residences’ units come in eight different layouts sized between 455sq ft and 1,950sq ft, the 872sq ft units proved the most popular.

The development’s seafront location and overall concept were also appealing.

“We noticed that most were first-time buyers, newly married young couples or small families looking for homes that are modestly sized, affordable and strategically located,” she noted of the current trend.

The residences will be housed in six blocks of 22-storey towers and priced from RM458,000 to RM1.3mil, with an average rate of RM867 psf.

Conceptualised by an international architect, they are designed to foster healthy outdoor living, and feature resort-style amenities like an overhanging pool, tennis court, saunas and gymnasium, among others.

Visitors may also consider The Wave, whose unique design won it a ‘highly commended’ accolade in the ‘Residential High-rise Architecture, Malaysia’ category of the Asia Pacific Property Awards 2014-15 recently.

Tan said the revolutionary concept of The Wave, which is Phase Three of Penang Times Square in George Town, would make it one of the most sought-after addresses in the city.

“Its exterior features sun protection stripes over a glazed glass facade that appears to be in different colours when viewed from different angles and times of the day, creating the impression that waves are rhythmically lapping over the building,” she said

Inside, the 27-storey tower — which sits on an 11-storey facilities, retail and car park podium — will house 312 corner, intermediate, penthouse and duplex units ranging from 1,205 sq ft to 2,905 sq ft.

Those seeking a place to run businesses are catered to with the commercial units of The Latitude, sized at 1,390 sq ft and priced affordably at around RM600 psf.

“They are ideally located in a densely populated area with over 1,500 residential units in the vicinity,” Tan pointed out.

To find out more, visit Ivory’s booths at Mapex 2014, which is on from 10am to 9pm daily.

Source: StarProperty.my