Ocean View Residences is one of the latest completed development by PJD Eastern Land. It is an exclusive high end condominium set upon freehold land targeted toward the upper market. Set on the mainland of Penang in Butterworth, Ocean View Residences was completed in June 2012 and is part of the Harbour Place development that is slated to be completed in 2017.Built along the coastline, Ocean View Residences offers spectacular views at 30 stories high. Housing only 386 units, this high rise offers privacy with low density. Buyers will not have to face indecisions on which layout to get as there are only 2 distinctive layouts to choose from; the smaller units which are 938 sf and the slightly bigger units at 1,100 sf. Units at this exclusive condominium were quickly snapped up by investors during Phase 1 and are now being sold at a starting price of RM350,000 whilst rental starts from RM1,800.Built to give the residents full advantage of their location close to the sea, every unit of Ocean View Residences comes with a sun deck that allows residents to get a sun tan while enjoying the sea view without ever needing to step out of the comfort of their homes. Besides lounging in the comfort of their homes, residents here may also make their way down to the infinity pool or Jacuzzi to rest, relax and release the tension of the day, and even the most unenthusiastic fitness person will find it hard to resist the floating gymnasium. Greenery can be found at the garden terraces, landscaped areas, sky garden and sky lounge. Amongst the other facilities provided are the steam room, reflexology path, sauna, the barbecue area, community hall, outdoor fitness station, children's playground, music room and basketball court. As expected, there will be the usual 24-hour security team to take care of the safety of residents. Ocean View Residences is strategically located with several schools in the vicinity, namely the St. Mark's Primary School, Butterworth Convent Secondary School, Kuala Perai National School and Assumption National School. Eateries, banks, shops and clinics are all either within walking or driving distance from the condominium. The Sunway Carnival Mall is close by for a quick hop to a shopping complex, whilst Econsave and Giant supermarket are equally close to home for grocery shopping. Ocean View Residences is easily accessible via both private and public transport. The Butterworth bus, railway and ferry terminal are just a short drive away whilst private car owners will find that they are directly connected to the Lingkaran Luar Butterworth highway, Jalan Harbour Palace, Jalan Assumption, Jalan New Ferry and Jalan Sungai Nyior; all of which offer residents numerous access points in and out of their homes.
Property Details
Name: Ocean View Residences Address: 12100 Butterworth, Penang Developer: PJ Development Holdings Completion Date: June 2012 Type: Condominium Tenure: Freehold No. of Storey: 30 No. of Units: 386 No. of Bedrooms Type A: 3 Type B: 3 No. of Bathrooms Type A: 2 Type B: 2 Built-up Type A: 938 sf Type B: 1,100 sf Maintenance Fee Type A: RM165 Type B: RM195 Subsale Price: Rental: Facilities
Infinity pool Jacuzzi Floating gymnasium Garden terraces Landscaped areas Sky garden Sky lounge Steam room Reflexology path Sauna Barbecue area Community hall Outdoor fitness station Children's playground Music room Basketball court 24-hour securityAnalysis
PJ Development Holdings is a leading developer in Malaysia with high ambitions to be amongst the top 10 property developers in Malaysia by 2015. With many high profile housing developments in their bag some of which are Swiss-Garden Resort Residences, Woodsbury Suites and You City, this developer has had eleven ISO 9001 certificates awarded to them up-to-date.Located on the mainland of Penang, residents will find that traffic around their housing area comfortable at most hours of the day except during peak hours where it may become congested. Other than that if residents have no need to get onto Penang island during peak hours, they will have no problem getting around comfortably.As of all the developer's projects, Ocean View Residences is projected to be a highly exclusive development. As an investment it is expected to have good value due to its location and the developer's plans to make this area a thriving place with F&B outlets, a university and a hotel all of which would effectively drive the price of the place up. It is also ideal as a permanent home if the buyer likes being around city life.
