Despite fears about repercussions from the global recession, local market trends have indicated that property prices in Penang remained steady. Residential property prices increased more than 25% over the past five years, largely due to the scarcity of land in Penang island, its lure as a popular tourist destination and a favourite second home option for foreign retirees.

So if you are seeking to own property in the hot market of ‘Pearl of the Orient’, here’s one to consider – Straits Garden. It is an upcoming mixed development that is located within the established township of Jelutong and it comprises shop offices, commercial suites, residential condominium and a low-medium cost apartment.

It sits on 4.1 acres of freehold land along Jalan Jelutong, which puts it just 3 minutes from the Tun Dr Lim Chong Eu Expressway and the town centre. Travel to the main land is also convenient with the first and second bridge, which is easily assessed via the Coastal Highway. Plenty of amenities also surround this integrated development, including banks, schools, Lam Wah Ee hospital, food centres and market, Komtar, police station, Tesco hypermarket, petrol stations and the Bukit Dumbar recreational park.

Fully-Furnished, With A Host Of Facilities

Straits Garden is developed by Premcourt Development Sdn Bhd, a subsidiary of Tambun Indah Land Berhad. It has a gross development value of more than RM80 million and there are 230 available units for sale. The one-room studio and two-room executive suites are in a 31-storey tower, offering spectacular sea views for selected units. All units feature contemporary designs and are furnished with essential electronic appliances. Purchasers can also choose from the seven available design types for units which range between 404 sq. ft. and 612 sq. ft.

There is also a wide range of facilities such as the following.

Register Your Interest

Straits Garden was launched on 12 July 2012 and is expected to be completed in 2016. The developer is offering free SPA, loan legal fees and DIBS, and Bumiputera purchasers are entitled to a 5% discount.

Interested parties may contact the developer at 04-3240088, email sales@tambunindah.com or visit www.tambunindah.com for more information. Alternatively, you can visit the Tambun Indah sales gallery at Wisma Pantai to have a closer look at the two new show units.

About The Developer

Tambun Indah Land Bhd is a listed company on the Main Board of Bursa Malaysia Securities Bhd. As a property developer, Tambun Indah Land Bhd and its group of subsidiary companies have earned itself an impressive reputation for its outstanding design, superb quality and timely delivery of their properties.