The Lexis Suite Condotel

Updated: 5th February 2021 The Lexis Suite Condotel Service Residence is a freehold condominium project that is located at Bayan Lepas, Penang. The Lexis Suite Condotel Service Residence is developed by Lexis Hotel Group also known as KL Metro Group. This group also provides discerning leisure and business guests with practical and luxurious accommodation across various properties in Malaysia. The Lexis Suite is nestled along an idyllic stretch of golden beach at Teluk Kumbar, Penang. This is an ultimate tropical paradise with stunning ocean views perfectly created to soothe the mind and enrich the soul. The Lexis Suite Condotel Service Residence launching price of RM 756,000 to RM1,000,000. The Lexis Suite Condotel Service Residence location is conveniently located within a mature drive from Penang. It is highly accessible as it only takes about 50 minutes flight from KLIA (Kuala Lumpur International Airport) and a mere ten minutes drive from the Penang International Airport. It is about three and a half hours drive from Kuala Lumpur, 30 minutes drive to Gurney drive to the second Penang Bridge The Lexis Suite Condotel Service Residence is a rare beachfront property and they are much sought after in Penang Island. Each floor of either tower has 7 units and each unit has an unrestricted sea view. Besides that, there are a private swimming pool and sauna room for every unit. These consist of 2 towers which Tower 1 has 26 storeys and Tower 2 has 22 storeys. There is a total of 222 units which from the ground floor to the 8th floor has the facilities and car park podium, 9th floor to 26 floors has the typical units. The units at The Lexis Suite Condotel Service Residence have built-ups of 875 sq ft and 968 sq ft. There are two-unit types:Type A (875 sqft)Type B (968 sqft)Each floor of either tower has 7 units and each unit has an unrestricted sea view. The Lexis Suite Condotel Service Residence offers unique facilities with each unit comes with a private swimming pool and sauna room. Besides that, some common facilities are covered car park, gymnasium room, jacuzzi. The Lexis Suite Condotel Service Residence is surrounded by a handful of education options, with schools like Straits International School Penang, Old Yang Cheng Primary School, Sekolah Jenis Kebangsaan (C) Chung Shan and Sekolah Kebangsaan Telok Kumb are just around the vicinity. Various medical assistance such as Gerimated Subacute Hospital Care, Public Specialist Center, H Medical Center, Menara Medical Clinic, and Georgetown Specialist Hospital is located just a stone's throw away. Shopping malls such as Summer Skye Square, Southbay Plaza Mall, and M&A Beauty Shoppe are nearby. It is perfect for all generations to fulfill their shopping needs. Penang's famous cuisine is sold at roadside stalls known as hawker food. Penang was ranked by CNN Travel as one of the top ten street food cities in Asia. Several famous cafes and restaurants are located not far away from The Lexis Suite. The Lexis Suite Condotel Service Residence is a place for you to have a good time with a match of beach volleyball, mini futsal, or sepak takraw on the sandy white beach. Penang is a great place to work and there are several job counts in Penang. Being one of Malaysia's economic powerhouses, there are various multinational electronic and engineering firms including Bosch, Motorola, and Dell. Kuala Lumpur Metro Group was founded in 1996 specialized mainly in high-end property and hotel development besides housing and other commercial projects. To shape its long-term advances, Kuala Lumpur Metro Group made a bold decision in 2003 by diversifying into other areas with its principal venturing into high-end property and hotel-related developments. Launched at the price of RM1million with an average price of RM1033 psf. The current interest rate is approximately 3.5% and after 30 years of repayment, the monthly repayment is approximately RM4490. If you are interested in other projects within the same price range, check out this list of properties. All the units for sale have rare beachfront properties that come with a private swimming pool and sauna room. There will be a positive future rental market as there are several local and foreign tourists flocking to Penang, causing Airbnbs’ demand to rise in a unit for rent.