The Cantonment is another project by the reputable Malton in the upcoming location of Pulau Tikus on the northeast coast of Penang. It sits on freehold land,and the project's completion date has not been released by the developer. Prices start from a steep RM708 psf as can only be expected of such a luxurious high rise. The Cantonment is a highly exclusive development with only 71 units available. It has a very low density at only 1 block of 32 storeys with each floor holding only approximately 2 units. With 4 choices of layouts, the smallest unit is 1,000 sf whilst the penthouse is an impressive 5,500 sf. In between are the no less impressive 1,900 sf and 2,150 sf units. Being a sea fronting condominium, it features balconies that overlook the sea, offering breathtaking sea views to residents. There will be 2 resident lifts and 1 service lift at The Cantonment. Residents will be well provided for with all the facilities provided them. Available exclusively for the residents is the swimming pool and wading pool along with the barbecue yard, the children's playground, garden courtyard, community hall and sun deck. Exotic sunsets over the sea can be observed from the roof top terrace, and residents will enjoy the safety of 24-hour security. Car washing bays are available for residents as well, a well thought of luxury.Being set in Penang's urban area, The Cantonment is only a short walk from the famous Gurney Drive where the food haven of delicious local cuisines can be enjoyed while overlooking the sea. Banks are available in the area along with commercial complexes so residents will not even need to drive out for their banking needs. Residents here will find themselves well connected by Jalan Burma of which they will be able to access Jalan Sultan Ahmad Shah by which they will be able to access Georgetown and Tanjung Tokong easily as it is only 10 minutes away by car. Catching a cab outside the condominium also should not be a problem as it is a fast pace area.
Property Details
Name: The Cantonment Address: 10250 Pulau Tikus, Penang Developer: Malton Type: Condominium Tenure: Freehold No. of Blocks: 1 No. of Storey: 32 No. of Units: 71 No. of Bedrooms Type A: 2+2 Type B: 3+1 Type B1: 3+1 Type C: 5+2 No. of Bathrooms Type A: 2 Type B: 4 Type B1: 4 Type C: 6 Built-up Type A: 1,000 sf Type B: 2,150 sf Type B1: 1,900 sf Type C: 5,500 sf Launch Price: From RM708,000Facilities
Swimming pool Wading pool Barbecue yard Garden courtyard Gymnasium Community hall Children's playground Male & female changing rooms Sauna 2 resident lifts & 1 service lift Sun deck 24-hour security Room top terrace Surau Car washing baysAnalysis
Malton is a reputable developer with many successful projects under their belt. Incorporated in 1994 and registered on BURSA Malaysia in 2002, Malton has so far completed a 358 acre project in Bukit Rimau, Pearl Villas in Section 16 and Amaya Saujana in Saujana Subang. Whether The Cantonment will be a success to add to their list or not will only be known to the exclusive and undisclosed buyers of the 71 units, as all the units including the Bumi lots were sold out before the project was even launched and before it even appeared on Malton's website; much to the chagrin and indignation of many interested buyers. There are no units for sale at all, otherwise it could be good as an investment due to its excellent location, and its indicative price of RM708,000 which was ridiculously low created a lot of unfulfilled excitement. Perhaps there will be units for sale after the building is completed if the buyer; or buyers; of the 71 units are willing to let the units go; probably at ridiculously premium prices.