Over 50% of Straits Garden condo sold

More than 50% of the Straits Garden luxurious condominium units in Jalan Jelutong, Penang, have been sold since the project was launched in July.

Tambun Indah Land Bhd executive director Teh Theng Theng said the project had attracted buyers not only from the Penang island, but also from other places outside the state including Kuala Lumpur and Alor Setar.

“The response is overwhelming and many turn up to visit the show unit during the weekends,” she said during the recent preview at Wisma Pantai in Butterworth.

She also said the contributing factor for its response was due to its strategic location.

“The Straits Garden is a high-rise project comprising 183 condominiums priced between RM668,000 and RM800,000 based on the floor height,” she added.

She said the condominium is located in the immediate vicinity of numerous amenities such as schools, markets and shopping centres and is easily accessible via Tun Dr Lim Chong Eu Expressway to the town centre.

“Travelling to the mainland will also be made more convenient with the first and second Penang bridges via the coastal highway,” said Teh.

The condominium, expected to be ready in 2016, have built-up areas of 1,302sq ft and 1,345sq ft and are equipped with air-conditioner units.

Among the facilities provided are a swimming pool, a gymnasium, steam rooms and a garden. - By The Star


October 4, 2012 at 6:03 PMChong

50% only ya?

such figures should not voice up.

now 50% , year end also 50% as those want to buy already bought.

if you compare with last two years, hmm suppose 80% at least.

October 5, 2012 at 6:49 AMHair

The 50% also include those units kept by themselves.

October 6, 2012 at 6:00 AMtan

It is a known fact that property market is slowing down.

Worst is subsale market.

Anything landed >1M and condo >700K, the price remained unchanged since last year (most of them).

The owners still stick to the same asking price.