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Property Insights & Reviews : Raffles Tower

Raffles Tower

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Freehold

F/H
Raffles Tower (also known as Raffel Tower) is a Boon Siew Group (BSG) project nestled in the hills of Penang. A high end condominium, it sits on freehold land in Bukit Gambier along the Yeap Chor Ee road and is scheduled for completion at the end of 2015. Consisting of 29 storeys, Raffles Tower offers spectacular views with low densities of only 260 units spread over 2 blocks. Each floor will have an average of only 5 units, offering residents complete privacy. Each unit comes with 3 + 1 bedrooms and 2 bathrooms along with built ups ranging from 1,400 sf to 1,600 sf. Prices at this exclusive home starts from RM470 psf. Raffles Tower is artistically designed to be aesthetically pleasing. All the units come with balconies whereby residents whose units overlook the sea will be able to appreciate the views offered. Residents will have the benefit of full condominium facilities. Amongst the norm is the community lounge, barbecue area, multipurpose function room, reading lounge, kids indoor play lodge and children's play area with sand pit. Raffles Tower has taken resident's comfort a step further with the male and female sauna rooms, an infinity vista pool and kids sprinkler pool, floating pavilion and aquatic spa and neoteric sky gymnasium. Being set in Bukit Gambier, Raffles Tower will find themselves close to shops, eateries, schools and even institutions of higher learning as USM and Inti College are close to the residency as well. Queensbay Mall is a short drive away as well as Tesco. Anything that cannot be found immediately outside their homes will be easily obtainable in Georgetown which is just a short drive away. Located close to the Penang Bridge, Raffles Tower not only has easy access to the mainland but also to Georgetown, the heart of Penang. Easily accessible is the Jelutong Expressway and Coastal Highway as well as Gurney Drive; residents will find moving around Penang and between the island and mainland a breeze.

Property Details

  • Name: Raffles Tower (also known as Raffel Tower)
  • Address: 11700 Gelugor, Penang
  • Developer: Boon Siew Group
  • Completion Date: 2015 (estimate)
  • Type: Condominium
  • Tenure: Freehold
  • No. of Blocks: 2
  • No. of Storey: 29
  • No. of Units: 260
  • No. of Bedrooms
  • Type A: 3+1
  • Type B: 3+1
  • Type C: 3+1
  • No. of Bathrooms
  • Type A: 2
  • Type B: 2
  • Type C: 2
  • Built-up
  • Type A: 1,600 sf
  • Type B: 1,600 sf
  • Type C: 1,400 sf
  • Launch Price: From RM470 psf
  • Facilities

  • Sauna
  • Community lounge
  • Kids sprinkler pool
  • Infinity vista pool
  • Aquatic spa
  • Neoteric sky gymnasium
  • Landscaped walkway
  • Barbecue area
  • Floating pavilion
  • Rejuvenation pod
  • Multipurpose function room
  • Reading lounge
  • Kid's indoor play lodge
  • Children's play area with sand pit
  • Analysis

    The Boon Siew Group is an accredited development firm that is trusted for their properties. They develop land mainly in Penang where they hold the largest land bank where they focus on making high end homes for the upmarket. Established in 1964, Boon Siew Group has had many successful developments amongst which are Casa Permai, and Permai Village. As such Raffles Tower is destined to be another one of their successes to be recorded in their portfolio. With its strategic location, Raffles Tower will walk the double edged knife of being close to the heart of the city and all the main roads and also the traffic congestion that comes during peak hours and holiday seasons. Residents of the 1,400 sf would suffer the most as it was mentioned in passing that all the 1,400 sf units will be facing the main road. Raffles Tower will also be located close to the high density medium low cost apartment Centrio Avenue where a wet market and food court is going to be built. This might add to the traffic woes of residents in the future, as well as impede on the aura of exclusivity that residents will undoubtedly want to maintain. As a permanent home this place looks promising for a family just starting up as it shows a good environment for families to grow along with being in the midst of civilisation where everything can be found. Prospectors also find Raffles Tower to be appealing due to the location and as such there are only limited units left.

    Location