Fettes Residences is another residential tower, adding to the Penang island landscape. Developed by IOI Properties, it is situated on freehold land in Tanjung Tokong. The luxury residential prides itself on providing million-dollar views, which provide for a 'priceless' living experience.Fettes Residences consists of a 35-storey block comprising of 195 units. This building has a modern facade, with oriental influences. There are two types of units, each with various designs. The suites have a built up from 2,000 sf and have 5 bedrooms and 4 bathrooms. The penthouse at Fettes Residences has a lanai, and has a built-up area of 4,000 sf. Prices for these units range from RM836,800 to 2,645,800. Each unit is equipped with a Smart Home system, which includes a security alarm system, home automation system, smart card access, and an intercom system. Most of the units have a sea view. Facilities include a 22,00 sf landscaped area complete with soothing water features. There is also a children's playground, swimming pool, picnic area, a courtyard, and a jacuzzi.Fettes Residences is along Tanjung Tokong in Penang Island, and is near many established township amenities such as temples, a mosque, petrol stations, Island Plaza, schools, and Mount Miriam Hospital. It is also only 5 minutes away from Gurney Drive, and therefore is close to Gurney Plaza.
Property Details
Name: Fettes Residences Address: Jalan Fettes, Tanjong Tokong, Penang Developer: IOI Properties Completion Date: June 2011 (estimate) Type: Condominium Tenure: Freehold No. of Storey: 35 No. of Units: 195 Built-up Suites: From 2,000 sf Penthouse: From 4,000 sf Launch Price: RM836,800 - RM2,645,800 Subsale Price: Rental: Facilities
Swimming Pool Children's Playground Picnic Area Landscape Garden ViewAnalysis
Fettes Residences are yet another condominium building on crowded Penang Island. This condominium is low density, with only about 5 or 6 units per floor. They are suitable for inter-generational living or for large families, as the suites have 5 bedrooms and 4 bathrooms. Most investors into Fettes Residences will most likely be expatriates, as they tend to favor condominiums while locals prefer landed property. However, savvy local investors may also invest in a unit in order to rent it out.
