Prestige III

Prestige III is a comprehensive freehold mixed-property development located in the serene and developing area of Balik Pulau, Penang. Developed by the reputable PLB Land Sdn Bhd, this expansive project, also known as Prestige 3, offers a diverse range of residential and commercial properties, catering to various lifestyles and needs. The township is strategically located just minutes from the Balik Pulau town centre, providing residents with access to public amenities like markets and bus terminals. Prestige III is not a single building but a large-scale enclave that was developed in phases. The development includes a wide variety of freehold properties, ensuring a dynamic community. The development features a significant number of landed homes, including 198 units of single-storey terraces and 224 units of double-storey terraces with land sizes of 20' x 70'. It also includes 40 units of double-storey semi-detached houses. Built-up areas for the houses range from 960 sq ft to 2,200 sq ft. The township includes apartment living with projects such as P3 Residence, a condominium completed around 2016 with units from 911 sq ft, and Pangsapuri Idaman Prestij, which features affordable homes around 650 sq ft. To support the community, the development includes 57 units of double-storey shop offices. Designed with community in mind, the Prestige III township features a three-acre park, providing green space for residents. While specific facilities vary between the different property types, the development offers secured living with security services available. The Pangsapuri Idaman Prestij apartment block, for instance, is equipped with 24/7 security, a multi-purpose hall, prayer rooms, and a children's playground. A significant highlight for families is the proximity to premier educational institutions. The renowned Prince of Wales Island International School (POWIIS) is described as being just a stone's throw away. Other local schools nearby include SJK (C) Yeok Hua and SK Sungai Korok. The primary healthcare facility in the area is the government's Hospital Balik Pulau. In a major boost to regional healthcare, a new private facility, the Selgate Specialist Hospital Pulau Pinang, is set to be developed nearby and is targeted for completion by 2028. Prestige III is strategically located for both local and regional travel. It is a short 5-minute drive from Balik Pulau town, providing access to its bus terminal and market. The development is also approximately a 20-minute drive from Penang International Airport and about 40 minutes from the city of Georgetown. Prestige III was developed by PLB Land Sdn Bhd, the property arm of the publicly-listed PLB Engineering Bhd. PLB Land is a mid-sized real estate organization with a portfolio of around 11 to 12 projects in Malaysia, demonstrating their experience in creating comprehensive townships.