Over 3,000 people registered their interest with Eastern & Oriental Bhd (E&O) for Tower 1B of The Tamarind, which was its first executive apartments project, at the Seri Tanjung Pinang development on Penang island.
E&O marketing and sales general manager (Penang) Christina Lau said on Monday there was an overwhelming response to Tower 1B, which consists of 552 units. Tower 1A, the first tower which also consisted of 552 units, was launched in February this year and was close to sold out.
“I believe the successful launch of the first tower helped to drum up the keen interest for Tower 1B. People also recognised that this was an opportunity to own a prized property in a much-desired address in Penang,” she said in a statement.
Lau said the project’s attractive pricing, which starts from RM600,000 backed by E&O’s strong brand and track record, were among the top reasons for The Tamarind’s appeal.
The Tamarind, a 6.9-acre freehold high-rise development with an estimated gross development value of RM900mil, features two blocks of 33 storeys comprising 1,104 units in total where a typical unit size of three bedrooms and two bathrooms start from 1,047sq ft.
The project also saw E&O partnering with renowned home furnishing specialist IKEA to collaborate from the inception of its show unit interior design to providing its full furnishings within.
This maiden partnership marked the first time a Malaysian property developer has approached IKEA to officially team up in setting up a property show unit. - By The Star