Penang, Malaysia Capital: George Town Language
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ANDAMAN EDITION 18 EAST (TOWER 1G) Penang, Malaysia Capital: George Town Language Spoken: English, Chinese, and Malay Area: 1,048 KM2 Population (State): ~ 2 million Population (Island): ~1.4 million Currency: Ringgit ( RM1 = Approx. RUB 10.8) GDP per Capita: USD $10,893 Location: Penang is a state in Malaysia, located on the northwest coast of Peninsular Malaysia. Geography: Penang is divided into two, Penang Island to the west and Seberang Perai on the peninsula. Direct Flights: Bangkok, Guangzhou, Hong Kong, Indonesia, Kuala Lumpur, Phuket, Singapore, Taipei are within 5- hour flight. Penang’s capital, George Town, is a UNESCO World Heritage Site with a unique architectural and cultural townscape representing the British era of the 18th century. Cost of living in Penang Items RM RUB (RM1~10.5 RUB) Avg. Price Per m2 to Buy Apartment in City Centre 6,173 64,817 Avg. Price to Rent 1 Bedroom Apartment in City Centre per month 1,550 16,275 Basic Utilities (Electric, Heat, Water, and Garbage) for 85 m2 Apartment 175 1,837 New Volkswagen Golf 1.4 Car 150,000 1,575,000 Gasoline (1 liter) 2.07 21.7 Simple Meal 6 63 Avg. Monthly Salary 3,183 34,422 Updated in May, data is based on 759 entries in the past 18 months from numbeo.com Economy - Penang is not only a thriving tourist destination, but also one of the most developed and economically important states in Malaysia. - Penang is one of the states in Malaysia with the highest Foreign Direct Investments (FDI) - Top 5 economy sectors in Penang are: 1) Manufacturing 2) Finance 3) Tourism 4) Science and technology 5) Shipping - Many high-tech electronics plant such as Dell, Intel, AMD, Altera, Motorola, Agilent, Renesas, Bosch and Seagate are located on the southern part of Penang Island. - Penang is a traditional banking hub with many international and local banks like Citibank, HSBC, Standard Chartered Bank, and Bank of China opening shop to support the local business environment. - Penang is known for its quality private hospitals and it is a popular medical tourism destination in the region— contributing the highest revenue for the Medical Tourism sector in Malaysia. Why Penang? - There are beautiful beaches located in the northern part of Penang—Tanjung Bungah, Batu Ferringhi, and Teluk Bahang are home to many famed 5 star hotels and resort belt - Within 5hour flight to major Asian cities—Bangkok, Hong Kong, Singapore, Kuala Lumpur, Taipei, Indonesia. - Situated on an island, land is scarce and there have been healthy capital appreciation in the real estate prices over the past few years due to this factor. - A UNESCO World Heritage Site and one of Asia’s greatest travel destinations. - Top in Green initiatives to make Penang the first green state in Malaysia. - Top 8 island to explore before you die (Yahoo Travel, 2011) - 8 great places to retire abroad (Kiplinger, 2013) - Ranked 8th most livable city in Asia (ECA International, 2013) Why Seri Tanjung Pinang? - Located on the popular northeast coast of Penang island with a mixture of sea-facing villas, detached homes and luxury condominiums with views of the Andaman sea. - Largest master-planned seafront development in Penang’s history by E&O Property Development, one of the top developers in Malaysia with a fantastic track record in providing quality homes and exceptional after sales service. - Home for a vibrant expatriate community of more than70 nationalities. - Penang’s largest millionaire’s community and a great place to call home with a vast array of modern and green amenities. - This is the finest seafront living in Penang and it is able to command both international and local demand. PROJECT FACTSHEET Project Andaman at Quayside, Edition 18 East Location • At the north easternmost cape of Malaysia’s Penang Island. • Sited on the final, most-prime plot on Penang’s largest seafront development, Seri Tanjung Pinang. Development Concept • Seafront havens inspired by the Andaman Sea, offering stunning views, expansive living spaces fitted with sublime luxury. • A resort home with a completed world-class clubhouse, 4.5 acres waterpark and 6.9 acres of lush greenery. Developer E&O Property (Penang) Sdn Bhd – a wholly owned subsidiary of Eastern & Oriental Berhad Architect GDP Architects Landscape Architects • Geyer Coburn Hutchins (GCH) from Seattle, USA • ICN Designs Configuration 3 towers (Tower 1F, 1G & 1H) No of units Launched: Tower 1F - 169 units (launched in Feb 2012) Tower 1H - 169 units (launched in Sept 2012) To be launched: Tower 1G - 210 units Site area Andaman at Quayside covers 6.4 acres (25,900 sm / 278,784 sq ft) within the 21 acres Quayside development. Land Tenure Freehold residential title Unique Selling Features • Part of the world-class waterfront community, Seri Tanjung Pinang; the likes of Sentosa Cove in Singapore & Sanctuary Cove in Australia. • International consultants, eg Wimberley, Allison, Tong & Goo (WATG) as concept architect, Geyer Coburn Hutchins (GCH) as landscape architect & IA49 as interior architect/ designer. • Designed with private waterpark (first of-its-kind in the region), complete clubhouse, lush greenery, open spaces to enjoy sea breeze, communal spaces & facilities. • A private resort with luxurious living space. • Next to Straits Quay, Penang’s first seafront retail marina. Facilities • Resident’s only Lobby offering a concierge counter with café bar plus water dispenser, powder room, bicycles for rent, sun-tan lotion dispenser and wifi facilities. • Free access to the water park facilities at Quayside commencing three months from the date of Sale & Purchase Agreement until delivery of vacant possession. * this access to the water park facilities is limited to 5 guest per entry per day which includes the buyer himself • 60% of the development concept comprises recreation area which includes a 4.5 acres waterpark and an additional 6.9 acres of park area. Tennis & a multi-purpose court. • The completed Quayside waterpark comprises of a formal signature pool, a spa pool with massage pavilions, an adventure pool with water slides & islands, and a beach pool with cabanas. 1.4 km of jogging & cycling tracks. • The world-class resort style Quayside clubhouse is equipped with lounge room, function spaces, gymnasium, outdoor dining terrace, a theatrette, a fully functional kitchen with barbeque facilities, games room and changing room with lockers all ready for use. • Recreation park - size: 0.86 acres (37,566 sq ft / 3,490 sm). Security State-of-the-art integrated security systems developed by leading security consultant, GDSS Security Consultants. • Perimeter fence with fibre optic cable, CCTV and video motion detector. • Residents/ visitors vehicle access control. All visitors go through an access control system on entrance and exit that records electronically the driver, vehicle registration number as well as type and the details of the visitor are also electronically scanned into the system. Residents vehicle have unrestricted access via the residents lane through their own dedicated access control system by means of a long range transponder which is used for their vehicles. • Video intercom at main lift lobby of each tower. • Card accesses to all lift lobby levels. • Home intercom and call assist button that is linked to a 24 hours manned guard house and security control room • CCTV at car park, lift lobby and perimeter fence Apartment Design, Types & Type A - 1 bedroom Sizes Views / Direction Green view / South West Total units 25 units Tower 1G Built-up areas 877 sq ft onwards Selling price RM 1,405,000 to RM 1,603,000 Type A1 - 1+1 bedroom Views / Direction Green view & Sea view / South West Total units 24 units Built-up areas 1,180 sq ft onwards Selling price RM 1,969,000 to RM 2,813,000 Type B - 1 bedroom Views / Direction Sea view / North Total units 28 units Built-up areas 1,123 sq ft Selling price RM 2,020,000 to RM 2,430,000 Type C - 2 + 1 bedrooms Views / Direction Green view / South West Total units 14 units Built-up areas 2,057 sq ft Selling price RM 3,792,000 to RM 3,985,000 Type D - 2 bedrooms Views / Direction Sea view / East Total units 28 units Built-up areas 2,036 sq ft Selling price RM 3,633,000 to RM 4,733,000 Type E & E1 - 3 bedroom Views / Direction Sea view / North & East Total units 87 units Built-up areas 2,770 sq ft onwards (Type E1) 2,824 sq ft onwards (Type E) Selling price RM 4,335,000 to RM 5,909,000 Type F – Penthouse Views / Direction Sea view / North & East Total units 3 units Built-up areas 4,188 sq ft to 4,338 sq ft Selling price RM 7,769,000 to RM 8,377,000 Type G – Penthouse Views / Direction Green view / South West Total units 1 unit Built-up areas 4,813 sq ft Selling price RM 8,468,000 Specifications Flooring • Living, dining, bedrooms & kitchen Timber block (Merbau) • Foyer (for all types) Marble • Powder room Marble • Terrace Homogeneous tiles with aggregate border • Maid’s room & Maid’s bath Ceramic tiles Bathrooms • Master bathrooms Floor – Marble & granite edges Wall – Compressed stone & Travertine mosaic Sanitary ware – Kohler & TOTO for bath tub Sanitary fittings – Crestial • Secondary bathrooms Floor – Porcelain tiles Wall – Porcelain tiles / tumble stones Sanitary ware – TOTO Sanitary fittings - Crestial Height • Floor to ceiling – between 2.6 m (8’6”) to 3.4 m (11’2”) Extras • Fully fitted kitchen cabinet equipped with Bosch (or equivalent) hob, hood, oven, microwave and integrated fridge with granite (impala black) kitchen counter top. • Integrated Dishwasher & Wine chiller. * not applicable for Type A, A1 & B • Ceiling fan with regulators to living, bedrooms, study & terrace. • Air conditioning units (split units with grilles) to living/ dining, bedrooms and study.