Upcoming Mixed Development in Bayan Lepas
An upcoming mixed development by Koperasi Tunas Muda Sungai Ara Bhd., along Jalan Sultan Azlan Shah in Bayan Lepas, Penang. This development is strategically located next to Ideal Vision Park, along with the approved Heng Ee primary and secondary school.
The development consists of the following:
- 36 units of 2-storey bungalow houses
- 66 units of 2-storey semi-detached houses
- 1 block of 17-storey condominium (480 units) with 68 units of 3-storey shop offices
- 2 blocks of 20-storey condominium (1665 units)
- 1 block of 20-storey low cost apartment (675 units)
- 59 units of 3 & 4-storey shop offices
- 19 units of light industrial
The launch date is yet to be fixed. I think this project is potentially a jointly development with Ideal Property Group.
Project Name : (Pending approval)
Location : Bayan Lepas, Penang
Property Type : Mixed Development
Tenure : Freehold
Developer : Koperasi Tunas Muda Sungai Ara Berhad
Location : Bayan Lepas, Penang
Property Type : Mixed Development
Tenure : Freehold
Developer : Koperasi Tunas Muda Sungai Ara Berhad
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Looking forward to this project.
Wah, suddenly Tunas Muda so aggresive. After Tunas Ville, then this one. Anyone can confirm only purely for members or joint venture with other developer?
Condos again?
why they dont build terrace house?
Semi D and bungalow will surely out of majority FTZ folks budget.
Wow…2k+ units…amazingly high dense!
@W
Even terrace house will be beyond the budget of most people.
@chapcheng
U r right also
At least that should be the cheapest among the landed category.
Wild guess, 3ST, RM1.6M!….and I say Bye-bye. (unless strike lottery)
1 block of 17-storey condominium (480 units) with 68 units of 3-storey shop offices – Affordable homes (1000 & 1200 sqft)
2 blocks of 20-storey condominium (1665 units) – Affordable homes (750 & 850 sqft)
1 block of 20-storey low cost apartment (675 units) – LMC (650 sqft)
Looking forward to this project.. but wow sungai ara is crowded with so many aprtment and condo O.o
Based on technicality of location, I don’t think this is called Sg Ara. But next to Sg Ara.
In fact SPI and One Residence should not be called Sg Ara too. Just that easier for identification.
I am not long here, but I think should be called Bayan Lepas.
Among Relau, Bayan Lepas & Sungai Ara, the name of Sungai Ara more value and a lot of developer declared that their project is under Sungai Ara instead of Relau or Bayan Lepas
i think the place is sungai tiram and not sungai ara. i think tunas muda have plenty of land.
They can give a free house to their member for free.
oh ya…thx, got it. Sg Tiram.
But i remember i was told that piece of plan originally used as vegetation (vegetables, paddy field long time ago).
is it true? any idea?
Hmmm.. two blocks of 20-storeys with 1665 units, that’s like over 40 units per floor!
High dense like hell!
Currently any status for this property, it looks like there alot of project is slowing down now T.T
That area going to get more and more interesting. Can’t wait to see the price.
Oh yes, interesting indeed. The 2-foot flood the other day was very interesting.
I m just waiting for the state assemblyman to say that they can’t do anything because according to statistics this should only happen once in 50 years. Well, the fact is, we just had a back-to-back flood within a short time frame of 2 months. Hehehe.
@fan
then u should support the topic of “Penang may freeze new development projects” article as published by Ken
I am interested to buy this project.
anyone have any update on this please contact me.
thanks.
test_solution@yahoo.com
I’m interested in this project but plz tell the price if affordable or not