Marriott Residences
Marriott Residences, a mixed development by BSG Property in Georgetown in Penang. It is located between the famous tourist belt of Gurney Drive and Kelawai Road, next to Evergreen Laurel Hotel.
The proposed development comprises a new 55-storey skyscraper, featuring a mixed of hotel rooms and condominium units:
- Hotel (223 rooms)
- Executive hotel (90 rooms)
- Condominium (302 units)
Unit types:
- 2 Bedroom (approx. 850 sqft)
- 2 Bedroom (approx. 950 sqft)
- 3 Bedroom (approx. 1,250 sqft)
- Penthouse (approx. 2,500 sqft)
Property Project : Marriott Residences
Location : Gurney Drive, Penang
Property Type : Mixed development
Built-up Area: 850 – 2,500 (condo)
Total Units: 313 (hotel rooms), 294 (condo)
Developer : Taman Sri Bunga S.B. (BSG Property)
Register your interest here
Location Map:
SITE PROGRESS
corner club land?
Great! I love to see more high rise along the millionaire Gurney Drive and Kelawai road. Awesome
Yes, this is awesome….
@Boon
Yes, I guess it’s on corner club land from Persiaran Gurney to Kelawai
It is kinda funny especially in Penang, there are many older people against modern developments. Perhap they are grumbling their golden time have lapsed and nostalgic about the good old time which they had never made use of ?
Pls provide more information about this project. Thx.
We need now,price for marriot apartmen at kelawai.still buil.for type of the small size.and condition for instalment.tks m.tjahyadi
don’t let the boon siew grand grand children continue to succck your blood la
@MJ
How much psf?
For the condo units, are they like service residences, managed by Marriott?
Rental yield?
@Praveen
totally agree with you!!
Pm Details view_ooi@hotmail.com
Kindly peovide more details for the above vai mayjorwong02@yahoo.com Thanks.
Please provide details like selling how much p/sqft?? very interested in this project
whats happening to this?
is marriott still attached?
@gooner
Yes, council approval obtained. Work will start soon.
Does anyone can share the link to check for the council approval status? Thank you
MBPP/OSC/PL462/16/100093-3 plan approved on 22Nov2016. Developer : Taman Sri Bunga S/B & Branded Realty S/B. Number of hotel rooms and condos are as described in the above.
After these rich people lobbied to state gov for the shutdown of illegal homestays downtown, they will then invest in building more hotel rooms. Big potential for Gurney Drive after the completion of Gurney Wharf.
@phookee
Any idea when launching? Pricing?
@gooner
Not so soon. Their plan is to ink the agreement with marriot first, then create some hoo-haa, hype it up while secretly selling to friends and associates first, then hike up the price further before opening to suckers in general public (waterfish) at around RM2800psf. Well, Boon Siew and the gang are very good at that. Good Luck!!
haha…2800psf? yao mou gao choh ah..
faster make friends with them la, get cheaper price
Its true so many people against development but it continues- pantai jerejak is ruined what else?
Dont allow anybody to do that – even the state ! Come to Queensbay front and stay at baystar |Condominium to experience 24 works non stop – no control rather out of control
@gooner
It’s around 1500psf and above
@ phookee
Haha…. I like the way you penned your comment. Hilarious! And you are 100% correct.
@meelee
The developers feed on people like you who get too excited and show so much interest before the launch. That’s how their prices keep going up, waterfishes keep getting trapped in their net.
@filterfren
Fully agreed, BSG–Blood Sucker Group.
Their projects are good 10 years ago, but getting worse since then due to greed among their directors & associates. They still think Penang got plenty of water fishes by raising their price to RM1500-RM1800/sqf. All of their current projects are over priced: Middleton, Mira, Landmark, Raffel etc.
Foreigners might still get trapped but not for Penangites anymore………
I heard from colleague who have a very strong financial background, BSG already revealed this project to them. For rich people to stay or buy property like this, they got very good network between BSG also.
Totally agreed – BSG is now a blood sucker group. Their great grand father the late Loh Boon Siew was a very great man with great vision and kind heart. But his great grand children are greedily profiteering from the great grand father’s land bank and most penangites do not see anything good from the newer generations.
@wsp
Well, the greed that runs amongst the associates is undeniable, but I think your personal attack is unwarranted.
Dont gv negative comments if u not able to own one. For ppls got the financial to own 1 obviously they hv their own point of view and proven is more successful that YOU! Those not able to own 1 + huhahuha here and act like a property guru what the point? Living in ur own world or jealous?
Although you have bought one, face up the reality that it is overpriced.The worst is your next door paid much lesser than you, yet richer (VVIP)than you. Sigh
Overpriced? Currently maybe YES but after 3-4 years? After completion of gurney wharf? Last piece development land in gurney drive, u can’t find another 1 anymore.
All d Bsg blood sucking director are not stupid instead very gud in marketing, so called “associate units” only open for certain floor/type/facing or view which is slightly not as gud as walk in purchaser units. Even if my next door paid cheaper that me so what? Ntg to be jealous or sad cuz im not as gud/capable/network compared to them, willing buyer willing seller simple theory.
Can somebody tell me why is boon siew selling this so crazily expensive? this is sardine project with 600++ units built on less than 2 acre of land. Are they out of their mind? convince Penang people why should we pay such a high price?
@Crazy
You can ask Right property, seems like he/she is very happy with the price and the project. Just wonder why he/she is willing to pay almost 2x RM/sqft price of Paragon to buy this project : )
@Truth
Not only that, the density is what i concerned. For the fact that it is a hotel, and the land is so small, i wonder how the access gonna be like, also how they are going to do their car park. No way Mariott gonna do multilevel carpark for like 6-7 storey.. imagine when you go out everyday, the land itself is already narrow, will the access be congested?
The hill-billies are concerned with the density. Hehehe. Just go back to your cave!
Why pay so much for something packed like this ? it is supposed to be exclusive. How can it be exclusive while the density is like I-santorini
@Crazy
Living in “Gurney Drive” is already exclusive enough. It’s like Manhattan New York, super dense, but exclusive.
ANYONE KNOW WHAT KIND OF FACILITY THEY HAVE OTHER THAN SWIMMING POOL?
Besides swimming pool. It also got a giant pond for water fish.
Agree. Everyone’s dream of owing a unit at such exclusive location in Gurney Drive. Definitely cater only for the rich. I’m just wondering how’s their Quality, Workmanship and finishing compared to other famous developer eg. Hunza or E&O.
If you are looking for a holiday home in gurney, might as well go for gurney park, 600+k possible
@Mrr
What?? How to compare Gurney Park vs Marriott? One is indian buffalo meat, the other is Wagyu. Although both serve the basic purpose of filling up your tummy, but when it comes to Wagyu, that means you’re just rich enough to be willing to throw away extra money just for the extra satisfaction and luxury.
The problem with BSG is they kill their own market and reputation. They offer a lot of discount to certain group (close to them, etc). Its common in market but the discount BSG offer is huge compare what other developer offer to their friends and family and to quite MANY people.
In Mira Residence, I heard many people (their friends n cronies) paid as low as less $600 psf. They sell to public like at least $800psf and more. Discount of abt 25%? E&O only gave us 5% discount for being second time buyer. Like said, of course discount is normal in every developer. But the huge discounts to many people is spoiling their own market. Now u can see Mira Residence after completion is not gaining any popularity or price increase. And rental is so low compared to E&O quayside, and it’s becoming hostel for UTAR College students. My relative bought there and complain big time to me. A million condo becoming hostels for uni students.
I urge you guys to think twice before buying from this developer unless you are friends with them that can get huge discounts. Normal people, best is choose a better reputation developer.
The students are very lucky, that they have all those waterfish who bought Mira.
PM details : chyuan90@hotmail.com
@Lynn
you are like comparing 20 years ago, one bowl of Hokkien Mee cost RM1, and 20 years later today Hokkien Mee becomes RM4 each. So do u mean that the hawker stall gave 75% discount to the customer who visited 20 years ago?
i doubt if “discount” use in this way?
or “APPRECIATION” of the property is a more accurate term?
May I know who is the architect in charged for the Marriott Residences ?
First time looking at Penang property price and I must say I still cant believe that it is already priced at RM1500-1800psf now. And it still has the potential to increase again in the future when the wharf development is completed. It could easily overtake the price in KL prime areas like Jln Ampang / KLCC area. phew. I better go back to KL man.
“already priced at RM1500-1800psf now. And it still has the potential to increase again in the future when the wharf development is completed. It could easily overtake the price in KL prime areas like Jln Ampang / KLCC area.”
hahahaha, who told u the above statement? Is it from the mouth of BSG sales person / property agents ?
LOLOLOL!
Penang still have good deal properties, just don’t see BSG high rise projects lah. Last time when they were only selling landed property, I’d say their price was reasonable. After that they started to build condos, the more they build the crazier the price is………
@law
Don’t get confused by this BSG pricing, this is just a black sheep. Generally Penang price is not that high. For RM700psf, you can easily get a condo in Tanjung Tokong, an enclave of expats just a few blocks away from Gurney Drive. Overpriced new properties in Gurney Drive are no longer a good investment as rentals are low, and the prestige is no longer there. There is so much that can be done to make Gurney Drive shine, but unfortunately the rocket state gov does not know ABC about town planning, and failed to enhance the strong Gurney brand that was already there, therefore did not manage to benefit local communities by capitalising on strong potential from foreign investment and tourism. Sad.
Hi all, do not be fooled by the name of Marriott. It is developed by BSG, not by popular hotel company
@TAN CHUANG KI
marriott almost never build on property lah. always licence name to others who build and run themselves.
@Truth
This property crazy exp. Went to showroom and Marriott pricey because of brand name. Other BSG property ok price
1800sf for Gurney Condo. Very cheap. How to register?
@Ck Siow
There are 2 architects films in charge this projects. Arkitek Permata & SAA Architects Singapore.
Can overseas people buy a hotel suite?
Amazing good value … any photos of development progress?
@新移民
Hay man if you are interest plz leave a email to me
@Anthonyfowke
yes if you wanna know more informaiton plz leave ur email
i got some update
Why this project not advertised anywhere? No reply from their sales person also, all sold out?
Why Penang Property Talk don’t do no update?
Is building already underway?
No new updates? this project almost finished?
@Why no new update since last year
This project building just allocated in front of my house.
Everyday i saw the progress & it’s progressing well.