Vervea @ Aspen Vision City

Vervea @ Aspen Vision City

Vervea is the commercial component of Aspen Vision City in Batu Kawan, Penang. Bearing a freehold title, it comprises 434 units of 3 and 4-storey shop offices.

This commercial project along with its surrounding township is jointly developed between Penang-based Aspen Group and IKEA Southeast Asia. Built-ups are sizable, ranging from 3,300 sq ft – 12,150 sq ft.

Concept

Touted as the largest commercial precinct in Northern Malaysia, Vervea serves Aspen Vision City as its main commercial development. It benefits from a large catchment population of 6.5 million people within a 100km radius, as well as a prime location neighbouring IKEA Batu Kawan and Klippa Shopping Centre.

A distinct feature of Vervea is its High Street – a 300m open-air walkway with strategically-placed jet fans and a roof canopy designed to emulate a wind-tunnel. These features circulate fresh air throughout the tree-lined street, providing a shady experience for pedestrians and alfresco dining.

Accessibility and Amenities Near Vervea @ Aspen Vision City

Aspen Vision City enjoys direct connectivity to the North-South Expressway, and is conveniently located just three minutes from the Second Penang Bridge. Frequent flyers will also benefit from its close proximity to Penang International Airport just 30km away.

Facilities and Project Details

Vervea is the only commercial precinct in the integrated development of Aspen Vision City, and comprises 434 units of 3 and 4-storey shop offices. Built-ups range from 3,300 sq ft – 12,150 sq ft. A typical intermediate unit is approximately 3,300 sq ft, while a typical corner unit is typically 5,410 sq ft.

While outdoor parking is abundant, there is also the addition of a multi-storey parking structure located at the centre of the precinct. Atop this parking structure lies Vervea Trade & Exhibition Centre (VTEC), a grand 38,000 sq ft of event space featuring multiple halls and a VIP lounge. VTEC is poised to be a magnet for international trade fairs, conventions, and events in Penang.

Intermediate units:

• 3,300 sq ft – 3,850 sq ft
• 3 storeys
• 1 bathroom on each floor

Intermediate corner units:

• 4,450 sq ft – 7,830 sq ft
• 4 storeys
• 1 bathroom on each floor

Corner units:

• 5,410 sq ft – 6,340 sq ft
• 4 storeys
• 1 bathroom on each floor

Schools/Colleges/Education Institute

Two tertiary education facilities can be found within 5km from this development – UOW Malaysia KDU Penang University College, and Peninsula College’s The Ship Campus.

Local schools nearby include SK Batu Kawan and SMK Batu Kawan, while students seeking an international education can attend the Northern Lights Private School (NLPS) and GEMS International School Pearl City – both less than 12km away.

Medical Centres

Slated for completion in 2023, Columbia Asia Hospital Batu Kawan will be sited in Aspen Vision City. The 7-storey private hospital will accommodate 140 beds and provide state-of-the-art medical care to the surrounding population.

Meanwhile, other nearby hospitals include Sungai Bakap Hospital (11.4km) and Bukit Mertajam Hospital (20.5km).

Shops/Shopping Malls

Aspen Vision City houses two shopping centres – IKEA Batu Kawan and its neighbouring Klippa Shopping Centre. IKEA Batu Kawan is the only IKEA outlet in the Northern Region, and serves to anchor Klippa – an integrated mall which combines a retail hub with green spaces, an entertainment hub, and interactive family areas.

Klippa is home to an attractive array of tenants, including TMG Plus Supermarket, Harvey Norman, Mr DIY, The Coffee Bean & Tea Leaf, and more.

Restaurant/Eateries

At the time of writing, some F&B outlets in Vervea include a variety of modern cafes such as The Morning After Cafe, Dolce Patisserie Cuisine, and Meetcha Cafe. Other eateries include Shunka Japanese Restaurant, Pan Pan Restaurant, and BAMBU Small Plates.

Short on time? Grab a bite at one of the many Drive-Thru outlets the township has to offer, whether that’s McDonald’s, Tealive, KFC, or Starbucks.

Recreation & Leisure Options

The recreational pulse of Aspen Vision City is Central Island Park. Sprawled across 25 acres of greenery, this spacious sanctuary is the perfect evening retreat for the family. Aside from its 1.5km jogging / cycling path, children can play to their heart’s content at the adventure playground and marvel at the 52-metre high water jet.

Job Opportunities

With its prime location in Penang’s third satellite city and ready catchment of over 6 million visitors and 6.5 million people within a 100km radius, Aspen Vision City is one of the Northern Region’s most promising Central Business Districts (CBD).

In addition, it benefits from many nearby industrial parks such as the Batu Kawan Industrial Park just 3km away. This 2,680-hectare industrial zone is home to multinational corporations such as Boston Scientific, Western Digital, Broadcom, Honda, and Hewlett-Packard.

Other surrounding industrial parks include Penang Science Park, Bukit Minyak Industrial Area, Bayan Lepas Free Industrial Zone, and Prai Industrial Park.

Vervea @ Aspen Vision City Developer

Aspen Group is a Penang-based and Singapore-listed group principally focused on three sectors – property development, healthcare, and food and beverage. Its healthcare arm is involved in the manufacturing and production of medical gloves through Aspen Glove Sdn Bhd (AGSB).

Aside from Aspen Vision City, other developments by Aspen Group include Beacon Executive Suites and Tri Pinnacle in Georgetown, Penang.

Vervea @ Aspen Vision City Launch Details

Vervea was completed in 2019, while the entire site is slated for completion in 2025.

Keen buyers can browse available listings of Vervea Commercial Shop Office for sale on PropertyGuru to view sub-sale units, or request for a visit of the showflat at Aspen Vision City Sales Gallery, Lebuhraya Bandar Cassia, 14110 Batu Kawan, Penang from 9am – 6pm on weekdays, or 10am – 6pm on weekends.

Site Plan

Vervea is nestled in the 247-acre Aspen Vision City, next to Vertu Resort, Viluxe (a freehold, landed residential development), and the office tower.

The township will also be home to IKEA Batu Kawan, Klippa Shopping Centre, a Caltex petrol station, the 25-acre central park, Aloft hotel, and three high-rise residential projects – Vivo Executive Apartment, Versa Junior Apartment, and Vogue Lifestyle Residence.

Floor Plan

All units in Vervea come with a private lift, whose placement differs depending on the unit. For instance, intermediate lots have the lift located at the side, while corner lots have the lift located at the back. Large, floor-to-ceiling windows ensure ample sunlight for businesses established here.

Vervea @ Aspen Vision City for Rent

Based on PropertyGuru listings, rental rates for Vervea range from RM1,000 – RM17,000 monthly.

Vervea @ Aspen Vision City for Sale

Based on PropertyGuru listings, current selling prices for Vervea range from RM1,280,000 – RM4,530,000.