Ivory Property Group Bhd group chief executive officer Datuk Low Eng Hock receivng the award from group managing director and chief executive officer Datuk Seri Wong Chun Wai from StarProperty Awards 2016.

Moonlight Bay woos boutique lovers with impeceable homes within a villages-on-the-hill enclave.

BY ANGIE NG
angie@thestar.com.my

TO top the chart in the niche and unique development category is no small task as it calls for clarity of mission and a huge dose of creativity to turn a small parcel of land into a good niche and unique project.

Ivory Properties Group Bhd has shown its creative prowess when it turned a 14.8-acre parcel along Penang island's famed Batu Ferringhi into a beautiful enclave of comfortable luxurious residences.

Its boutique development of Moonlight Bay stands out as a one-of-a-kind residential development with rows of varying height terraces of impeccable residences snugged neatly in a villages-on-the-hill concept. Inspired by the charm of southern European and Mediterranean towns where houses are built at different terraces, Moonlight Bay lives up to its namesake of exclusive living that befits a bay address.

Although it is merely on a small parcel of less than 15 acres, this distiinctively fresh and stylish living concept has earned Moonlight Bay the Excellence prize in The Niche and Unique Award category of The StarProperty.my Awards 2016.

An open resort-style garden development, it is built on stepped levels and swathes of lush greenery on a scenic hill. The freehold land has been elevated by approximately 30m above sea-level at its lowest point,thus towering over the other buildings in the vicinity.

The exclusive project, with gross development value of some RM185.5mil, was completed in 2010.

The gated residential enclave features 70 resort-style villas and 20 condo villas. The villas come with sprawling built up of 3,800 sq ft to 5,700 sq ft, while the condo villas are from 1,950 sq ft to 2,200 sq ft.

The clubhouse is equipped with a slew of comprehensive amenities such as water features, health facilities, green space and a community hall. The facilities include a swimming pool, playground, jacuzzi, gymnasium, community hall and jogging path.

This luxurious facility serves as an avenue for the residents to interact and cultivate good community spirit.

With the scenic hill environment and panoramic views, coupled with an emphasis on outdoor spaces, residents can get closer to nature.

Chic residences and shops

The Penang-based Ivory Properties Group is currently developing the City Residence and City Mall mixed development on 2.42 acres in Tanjung Tokong.

Aimed at redefining luxury living, the 202 City Residence condominiums on two 39-storey towers are elegantly designed with five design types that start from 460 sq ft of studio units to penthouses of 5,600 sq ft.

With a GDV of RM237mil, the project encompasses state-of-the-art facilities including a pool, gym room, sauna room, children's playground and BBQ pit.

The residences are fitted with custom energy efficient windows specially designed to withstand the year round heat and lower the need for air conditioning.

With the residences sitting on top of the retail complex, the project is based on the concept of offering a balance between live, work and play that are targeted at the medium income buyers, young individuals and couples.

The panoramic skyline views of the city and the spacious outdoor terrace with indoor library and a lounge will ensure wholesome recreation and relaxation for the residents.

Another project recently completed by Ivory Properties Group is The Latitude Commercial which is part of a mixed-development comprising a high-rise condominium. It is perched on 153 meters above sea
level, in the valley of Mount Erskine in Tanjong Tokong.

The RM20.3mil commercial podium consists of 20 double storey units ranging from 1390 sq ft to 2880 sq ft that are suitable for buyers who are keen to start up their own business or to expand their business ventures.
The commercial units are priced from RM932,000 to RM1.93mil a unit, or at RM670 per sq ft.