Over the past years, investors and property experts have been talking about Penang properties being too cluttered and that Penang is running out of land for further developments. But local property developers in Penang who are familiar with the local land owners commented that there are still lands available and that the Penang property industry still has growing potential, particularly in the ‘untouched’ areas like Teluk Kumbar and Balik Pulau within the South West District which are expected to be developed into the next happening township in Penang just like the current bustling North East District, where Georgetown and Tanjung Tokong are residing.
This is said to be achievable with the construction of new infrastructures which include the new public transportation system linking these two areas to the infamous Penang Free Industrial Zone in Bayan Lepas and lively Georgetown in the near future.
With the State Government and local property developers such as M Summit Group expanding their projects to this side of the island, these places are expected to grow out of its current state in the next 8 to 10 years’ time. Hence, if property buyers are looking at owning a property or two in Penang as a long term investment or asset with good appreciation value, the Penang South West district is where they should consider, especially Teluk Kumbar, while the property price is still within affordable level.
With the new 3-lane expressways (per way) connecting Teluk Kumbar to Bayan Lepas, the construction of Light Rail Transit (LRT) system and the Pan Island link highway under the Penang Transport Master Plan (PTMP), land reclamation and the new phase of Penang industrial zone in plan, this place is expected to be the next booming township in no time.
And as part of the contribution to Penang’s economic growth, the state government is looking at reclaiming two man-made islands namely Permatang Damar Laut in Batu Maung and Teluk Kumbar, spanning 930ha and 566ha respectively to finance new infrastructure projects.
The reclamation works and infrastructure projects are said to be able to generate more jobs and business for Penangites, bringing greater development to the state by connecting these two areas to the city centre through a well-planned LRT system under the Penang Transport Master Plan. With the massive township development plan in place for South West District particularly Teluk Kumbar, the properties value in this area are expected to appreciate exponentially in the coming years.
Also, with the introduction of new affordable housing scheme by the Penang State Government, Penang folks, especially young married couples and families from middle-income groups who reside and work within the state, can now own their first home at an affordable price.
And in response to this, M Summit Group, a Penang homegrown property developer, could not be happier to contribute back to their dear homeland, Penang by introducing their very own Ramah Pavilion, that marks the first affordable homes project in Penang developed by private developer. With its strategic location in Teluk Kumbar, M Summit foresees many upcoming commercial and residential developments surrounding the project in the near future bringing more liveliness and convenience to its residents.
Despite it being an affordable home, M Summit Group ensures that their product quality remains significant down to the little details such as providing robust window frames paired with tempered glass, simply because they believe their customers deserve what they are paying for, and will deliver the best they can to ensure everyone is satisfied and happy with their products.
Ramah Pavilion is a mixed development project consisting of two (2) tower blocks – the 39-storey Andira Tower and 36-storey Barbarea Tower, with a total of 759 units. This residential project features six (6) types of units, with unit size ranging from 800 sq. ft. to 1,350 sq. ft. at an affordable selling price range of RM198,000 to RM398,000 per unit (RM247 to RM295 per sq. ft.). Each unit comes with a complimentary car park, whereby homeowners are given the option to purchase additional car park lot at only RM30,000 per lot, which marks the lowest price offered in the private sector.
Apart from its attractive prices, Ramah Pavilion also features impressive facilities similar to those of mid- to high-end residential projects. At 12th floor, homeowners are given the luxury to enjoy a leisure stroll at the beautiful sky garden, sun deck and children playground in the morning or evening, while those who are into chilling by the pool, the project houses a swimming pool equipped with children water slide as well as Jacuzzi pools on the side. Not just that, for those who are into indoor fitness activities, they could also make good use of the fitness room equipped with aerobic class facilities.
Like most mid-range residential projects, Ramah Pavilion is equipped with reading room to cater to those who enjoy quiet time reading a book or two during their leisure time, while it also makes a perfect environment for school children to do revision with fellow friends when nearing to examination. And in support of the state government’s efforts to promote green activities and sustainable living, Ramah Pavilion has a very unique feature, where atop its tower blocks, residents could take up new hobby from the healthy trend of planting their own vegetables, fruits or other fresh produce at the available rooftop farming deck.
A good residential project will never be complete without a reliable security facility. At Ramah Pavilion, it is equipped with guard house with 24-hour guard service and CCTV monitoring system which covers the overall areas surrounding the buildings, greens and multi-storey car parks. Residents are also given access cards to access the building under a high-technology access card system.
The Ramah Pavilion project is set to be fully completed latest by May 2018. To date, this project has limited units of Type B (1,150 sq. ft.) and C (1,250 sq. ft.) left for public purchase. For those who are interested to view the show units, they could do so by setting up appointment with the sales representatives to view the actual site for a clearer view of the project. Publics are also welcome to grace the momentous topping-off event of the Ramah Pavilion project which is happening on Monday, 30th January 2017 starting from 10am to 5pm, to have a closer look at the project site and facilities available. Refreshments will be provided.
For those who are interested but feel that they may not be qualified for the affordable home scheme, they too could purchase these units under normal terms, but at a 10% to 20% difference in price, which still falls under the reasonable pricing, considering the vast range of facilities offered.
For further information on Ramah Pavilion and other projects developed by M Summit Group, kindly log on to www.msummit.com or call 04-229 2232 to find out more.