Demand for quality homes remained strong despite the current soft market conditions, said Eastern & Oriental Bhd (E&O) senior general manager for group marketing and sales Wayne Wong.

In April, E&O sold 87 per cent of Phase 2 of the Ariza Seafront Terraces, a seafront haven nestled within its award-winning Seri Tanjung Pinang master planned development in Penang.

The price for the units starts at RM2.9 million and above.

These elegant 2½-storey, freehold, terraced homes have an estimated gross development value of RM90 million.

“The heightened interest garnered at the recent Ariza Seafront Terraces private preview is a testament that discerning homeowners’ demand for high-quality homes remains strong despite the current soft market conditions,” he said.

The Ariza Seafront Terraces feature distinctive straits-eclectic architecture and elegant interior courtyards – showcasing the seamless blending of modern living standards with Penang’s old-world charm.

Leveraging on its prime seafront location, Ariza offered homeowners a much-coveted sea-fronting lifestyle at Penang island’s address of choice, said Wong.

Slated to be completed in March 2019, built-ups of the Ariza terrace homes range from 3,488sq ft for the intermediate units to 3,781sq ft for the corner units.

Wong said the well-appointed Ariza homes present a spacious and serene abode for families, with internal courtyards that open to the sky, high ceilings, wide windows and breezy living spaces.

Each Ariza unit comes with four generously-sized bedrooms, with two bedrooms paired with elegant en suite bathrooms and another two with connecting bathrooms, wall-mounted split air-conditioning systems, comprehensive set of kitchen appliances and ample living spaces.

The Ariza Seafront Terraces is among the final set of landed properties within the Seri Tanjung Pinang development.

Phase one of Ariza Seafront Terraces comprises 33 units. It was launched in 2009 and is fully sold.

Source: New Straits Times