Curvo Residences is the final residential phase of the first integrated development in Setapak, SkyArena.
Continue Reading ⋅ 30 January 2023
For most mainland Penangite, Pearl City is probably the most talked about project in town after the hype surrounding Aspen Vision City in Batu Kawan.
Pearl City, also known as Bandar Tasek Mutiara, is located between the Southern & Central District of Penang mainland. It enjoys excellent accessibility contributed by major infrastructure links such as the North-South Highway, Federal Road (Old Trunk Road), the Penang Bridge, Penang Second Bridge and the Electrified Double Track Station.
Developed by Tambun Indah Group, Pearl City comprises of a number of other projects that have been successfully completed over the years and are enjoying 100% occupancy such as the Pearl Indah and Pearl Villa.
Raintree Park consists of Raintree Park 1 and Raintree Park 2 which is located on the southernmost part of Pearl City. While Raintree Park 1 is already fully sold out as of February 2016, its second phase being Raintree Park 2 is already up to 70% sold (for units that are opened for sale). The total sale to date for the entire Pearl City development is approximately 40%.
Within Raintree Park 2 alone, there are more than 400 units in total including the townhouse units (duplex villa) which can carry up to 2 units per plot of land. Raintree Park 2’s duplex villas have also sold out.
Tambun Indah is fast recording a high take-up rate for its Raintree Park Phase Two which only started end of last year.
What’s remaining are the terraces and the semi-detached units that begin with RM500,000.
Project title : Raintree Park 2
Location : Pearl City, Simpang Ampat, Penang
Developer : Tambun Indah Sdn Bhd
Tenure : Freehold
Total units : Above 400 units (including duplex villas)
Price range : RM500K – RM615K
Total land to be developed : 1,086 acres
Year due for completion : End 2018 (Raintree Park 2)
Property Types
1. Double-storey Terrace
(Land area : 22×60, Built-up : 22×40)
2. Double-storey Semi-Detached
Type A (Land area: Approx. 35×80, Built-up: 24×43)
Type B (Land area: Approx. 35×70.5, Built-up: 24×42)
3. Double-storey Linked Semi D
(Land area : Approx. 29.5×73, Built-up : 21x 45)
4. Duplex Villas
(Land area : Approx. 24×78, Built-up : Approx. 24×40.5)
Features
- A Gated and Guarded Community
- A project with lush landscaping, security feature and recreational facilities
- Easy access to amenities such as schools, banks, markets, and other basic facilities
- A resort-style residential clubhouse with relaxation facilities: swimming pool, wading pool, gymnasium, jogging paths, children’s playground and community hall.
- 24-hours security and CCTV surveillance
- Pearl City is just 5 minutes from North-South Highway via Bukit Tambun Interchange. This link will connect the gated community of Pearl Villas directly through its new flyover and will also lead to the Penang Science Park and Penang Second Bridge.
From Pearl City to nearby destinations :
Bukit Mertajam 14km
Batu Maung, Penang 46km
Butterworth 32km
Tasek 2.4 km
Permatang Tinggi 3.9 km
Bukit Tambun 4 km
Bukit Minyak 6 km
Bukit Minyak Industrial Park 6.1 km
Alma 6.4 km
Batu Kawan 6.9 km
Bandar Baharu 15 km
Penang 17 km
Kedah 63 km
Project Details
- Double -Storey Terrace House
Land : 22′ x 60′
Built-up : 22′ x 40′
4 spacious bedrooms and 3 bathrooms
12ft. height ceiling
Back yard garden concept
High quality finishing
Concealed telephone and electricity cables
![1. Double storey terrace (Big)]()
- Double-Storey Semi-D
Type A – Land area: approx. 35’ x 80’ | Built-up: approx. 24’ x 43’
Type B – Land area: approx. 35’ x 70.5’ | Built-up: approx. 24’ x 42’
4+1 spacious bedrooms
Dry & wet kitchen
8’ backyard garden
Car porch can accommodate up to 3 cars
High-ceiling with practical and functional layout
High quality finishes
![1. Double-Storey Gated Semi-D (small)]()
- Double-Storey Linked Semi-D
Land area: approx. 29.5’ x 73’ | Built-up: approx. 21’ x 45’
4 spacious bedrooms and 3 bathrooms
Dry & wet kitchen
Concealed telephone and electrical cablings
5.5’ backyard garden
13’ height ceiling with practical and functional layout
High ceilling with practical & functional layout
Good feng-shui, facing North and South
![1. Link House nite(big)]()
![2. Linked Semi D]()
- Duplex Villa (Fully Sold)
Land area: approx. 24’ x 78’ | Built-up: approx. 24’ x 40.5’
Contemporary duplex design with spacious layout
Large built-up area
All bedrooms attached with bathrooms
Each unit can accommodate up to 2 cars
20’ backyard garden concept
![1. Duplex Villa(Townhouse, Big)]()
![2. Duplex Villa (View, Big)]()
Pending are a few more future developments such as the proposed Pearl City Mall which represents the first stage of TIG’s integrated development at Pearl City Business Park.
The RM640mil Pearl City Business Park on a 107-acre land in Simpang Ampat is strategically located in the heart of the established township of Pearl City and is to be the biggest commercial center in the northern region.
Pearl City Mall will provide a quality leisure mall and entertainment outlet for the existing and future residents of Pearl City, as well as the increasing population of Southern Seberang Perai.
About Tambun Indah Group
Established in 1993, Tambun Indah Group (TIG) was the result of a dynamic partnership between Teh Kiak Seng(original founder), Tsai Yung Chuan of the listed Chin Well Holdings Bhd and other shareholders
The founder is a professional civil and structural engineer-cum-entrepreneur with over 30 years of business experience particularly in the construction and housing development industry.
This collaboration has created a synergy of vast experience and successful entrepreneurship which would subsequently result in an enviable reputation in their business.
Under Teh’s stewardship as the company’s managing director, backed by unwavering support from a strong team, TIG’s vision is to provide quality homes for every echelon of the society and serve the people.
The Group will focus their efforts on the development and marketing of its own property projects comprising mainly of residential, commercial and industrial buildings.
Above that, the company takes pride in its ethical disposition in business and aims to spearhead the affordable homes development initiative for the people of Penang.
TIG is highly-recognised as a pioneer for its development of the hugely successful and reputable gated residential township of Taman Tambun Indah located at Simpang Ampat, Seberang Perai Selatan in mainland Penang.
Following the astounding success of all its development projects and its acquired reputation, Tambun Indah Land Bhd was subsequently listed on the Main Board of Bursa Malaysia Securities Bhd on 18th January 2011.
Location
The Juru Toll is only 11.4km from the township.
Upon exit, getting to the Pearl City should be easy as it is barely 10 minutes’ drive away.
The location of the sales gallery for Raintree Park, Pearl City is : No. 8936, Jalan Tasek Mutiara 2, Bandar Tasek Mutiara, 14120, Seberang Perai Selatan, Pulau Pinang
Pearl City Sales Gallery : All projects are on display with helpful customer service
The Raintree Park 2 site is within driving distance from the sales gallery.
Driving around Pearl City was quite a pleasant trip as well thanks to the newly-built roads and green efforts spearheaded by the developer.
New trees are being planted along the roads and upon arrival at the project site, be surprised by the sight of beautiful raintrees welcoming your arrival at the residence.
Pearl City is just 5 minutes from North-South Highway via Bukit Tambun Interchange. This link will connect the gated community of Pearl Villas directly through its new flyover and will also lead to the Penang Science Park and Penang Second Bridge.
From Pearl City to nearby destinations :
Bukit Mertajam 14km
Batu Maung, Penang 46km
Butterworth 32km
Tasek 2.4 km
Permatang Tinggi 3.9 km
Bukit Tambun 4 km
Bukit Minyak 6 km
Bukit Minyak Industrial Park 6.1 km
Alma 6.4 km
Batu Kawan 6.9 km
Bandar Baharu 15 km
Penang 17 km
Kedah 63 km
The township will also be supported by well-planned infrastructures. Soon, it will become a self-sustainable township with primary and secondary schools, supermarkets, colleges, rows of shop lots and other essential community facilities.
Mydin, Bukit Mertajam – 15km
Aeon Bukit Mertajam – 15.9km
Auto City – 13.4km
Icon City – 11.6km
IKEA @ Batu Kawan(2018) – 6.9km
While the nearest train station to Pearl City (or Bandar Tasek Mutiara) is the Simpang Ampat KTM station situated only 2km away.
A vision of wisdom
When others were building properties on the island, Teh saw potential for this untapped side of the state and made a wise decision which would later benefit his company’s workforce relentlessly driving his vision, and of course for the people of Penang in later years to come. TIG’s vision is certainly materializing to fruition.
In a report written by Forbes not long ago, Teh had stated that land on the island is getting more expensive and unaffordable. The only ones who would find themselves losing out because of this uncontainable occurrence(which can both be boon and bane) are young families looking for homes.
Aside from all the big news coming from Johor Bharu and Iskandar City, in fact, Penang has a stellar force for the country, stoically posing as the engine of growth and manufacturer of the national economy since independence.
Tambun Indah Group is right on track.
With the establishment of Pearl City along with several other developments in Penang right now, good news from their progress is helping the state secure a strong reputation as our people continuously try and weather these gripping times amidst the current state of gloomy national affairs.
Analysis
An analysis on landed properties in some of the properties we had surveyed around Penang is as follows.
| Project title | Tenure/Land Title | Price range | Built-up areas | No. of units |
| Raintree Park 2 @ Pearl City, Simpang Ampat | Freehold landed 2-3 storeys’ homes | RM500,000- RM615,000 | Double-storey Terrace (Land area : 22×60, Built-up : 22×40) Double-storey Semi-Detached Double-storey Linked Semi D Duplex Villas |
Approx. 400 units |
| Botanica.CT Phase 5@ Botanica.CT, Balik Pulau | Freehold landed properties | RM750,000 onwards to above RM2.0million | Botanica Phase 5A :1,959–2,480sq ft
Botanica Phase 5C:3,000 – 3,300 sq ft |
63 units for 5A and 5C The entire Botanica.CT has a total of 363 units being built |
| Sanctuary Residence of Permatang Sanctuary, Bukit Mertajam | Freehold | The third phase now, called Sanctuary Residence begins with RM661K | The smallest unit, 2-storey semi-detached and 2 units of 2-storey bungalow houses |
216 |
| Alila2, Tanjung Bungah | Freehold luxury condominium | RM1.6million onwards | 1,905 – 4,782 sq ft | 270 |
Homes in the island, such as from projects like Botanica.CT and high-rise residences such as that of Alila2 are on the higher-end category as lands on the island are precious.
It is not always that property developments get to enjoy ample amount of land to establish new townships anymore these days.
These scarce lands by some property developers were purchased many decades ago, as well, and are only now witnessing more development activities today.
Penang island, being the more cultured and affluent part of the opposition-held state has been enjoying much attention. What with its continuous development, more people are migrating their investment activities over to this side of Malaysia, further spurring a positive trend of progressive development for the state.
While Sanctuary Residence of Permatang Sanctuary by IJM Land would pose as a contender, Tambun Indah’s Pearl City would be a more affordable option.
Reason because the parcel of land in mainland Tambun was purchased in 2008 by Tambun Indah owned by the founder Teh Kiak Seng, who is also the managing director of the esteemed local company. During those years, the land there was priced at $3.11 a square foot.
That is why buyers would be on the winning side where price is concerned.
Now, a recent purchase by the major developer, Eco World in Batu Kawan area was recorded at $12.44 a square foot. Eco World got a 50 acres’ land north of Batu Kawan to develop another landed project, which will supplement the excitement stirred by Aspen Vision City – according to report from Forbes Asia.
Hence, in time, Malaysia would be able to expect a bustling mainland Penang aside from its UNESCO World Heritage counterpart awarded to the remarkable Georgetown in 2008.
To date, parcels of land in the island are going way much higher than they were just a few years ago, since 2010.
Raintree Park 2 comes with a good price for the generous space and sleek design to capture the interest of homebuyers.
Summary
The entire Pearl City in total is developed on more than 1,000 acres of land.
There are 12 established and growing industrial parks within a 15km radius of Pearl City Business Centre, providing support for the project.
The Prai Industrial Estate, Penang Science Park, Bukit Minyak Industrial Estate, Bukit Tengah Industrial Estate, Juru Industrial Park, Jawi Industrial Park and Batu Kawan Industrial Park are among the well-known industrial estates which are mainly involved in semiconductor, electrical & electronic manufacturing, photonics, electronics equipment & devices, storage and halal food processing.
When Pearl City is completed, it will be the home to hundreds of proud owners who live near to their workplace. Tambun Indah is claiming their pivotal role in building a sanctuary for those equally contributing to the economy of Malaysia.
At the time of writing, February 2016, eyes are all on Penang now as the beacon of hope and change for our country.
