BY DAVID TAN
Potential buyers viewing the Vertu Resort scale model at the Aspen Group office in Penang.
ASPEN Group, a property developer based in Penang, will launch RM1.392bil worth of projects on the island this year.
These new projects are the RM620mil Vertu Resort in Batu Kawan, the RM135mil mixed-development Beacon project in Sungai Pinang and the RM637mil HH Residence scheme in Tanjung Bungah.
“The group will also launch the RM700mil Nouvelle Residence in Subang in 2017,” its chief executive officer Datuk M. Murly said.
The Vertu Resort project is located on a 2.9ha site in the RM8bil Aspen Vision City project in Batu Kawan, which is being undertaken by Aspen and Ikano Pte Ltd.
“Vertu Resort is the second phase and the first residential development in Aspen Vision City. We plan to preview this development to existing customers and interested parties from Jan 22 to Jan 24.
“It is the first resort-inspired high-rise development in mainland Penang, which will also be the first condominium project in Seberang Prai with a Green Building Index certification.
“It is scheduled for completion in 2019,” he said.
