The Wave is an urban serviced residence project, an idea generated by Ivory Properties Group. The condominium is located along at Jalan Dato’ Keramat in Georgetown, within the UNESCO heritage site on the island of Penang. The new development stands majestically next to Penang Times Square, one of the many shopping malls which can be found on the beautiful island.The Wave which is due in 2015 holds the freehold tenure, with a total of 312 units within its single block of wave-patterned residential building. The built up area of each residential unit measure up from 1,205 sf to as spacious as 2,905 sf. Serving the best only for the future investors and unit holders, the developer managed to divide group of levels to its functional floors for an easy and convenient lifestyle. There will be 27 floors of residential units, with 11 floors of car parks and facilities for the residents, as well as 4 storey commercial layouts for retailing purposes.The Wave is a guarded residential building as 24-hour security surveillance guaranteed the safety of the condominium well-beings. The shopping complex built along with the residential property provides an ease of entrance especially for shopaholics and those who opt for groceries for daily needs. The Wave is surrounded with packs of high density buildings. Almost everything can be easily found nearby the condominium, as well as the famous attraction of Penang hawker food stalls. Its strategic location offers a convenient access to town facilities which include wet market (Pasar Jalan Tujuh, Pasar Chowrasta & GAMA Supermarket), schools and colleges (SRJKC Hu Yew Seah & SK Kampung Jawa), eateries (Copra Hawker), hotels (Traders Hotel by Shari-La), police stations and clinics, as well as banks, petrol stations and business centres (KOMTAR, Prangin Mall & 1st Avenue Mall).
Property Details
Name: The Wave Address: Jalan Dato’ Keramat, Georgetown, Penang Developer: Ivory Properties Group Completion Date: 2015 (estimate) Type: Serviced Residence Tenure: Freehold No. of Blocks: 1 No. of Storey Residential: 27 Carpark & Facilities: 11 Commercial: 4 No. of Units: 312 Built-up: 1,205 sf – 2,905 sf Launch Price: RM635,600Layouts
Type A: Corner units Type B: Intermediate units Type C: Penthouse units Type D: Duplex unitsFacilities
24-hour security Landscaped garden Shopping complexAnalysis
The Wave unique and dynamic design offers an improvement on quality of life opportunities for growth, as it is centralized right in the heart of Georgetown, the city that do not sleep with various openings that excite whoever set a foot on the town. The exterior of the residential building outshines as the sun protection stripes coincide rhythmically, creating a wave-like pattern that magnetized the onlookers. The serviced residence can be access via Jalan Dato’ Keramat, Macalister Road, Jalan Magazine, Jalan Gurdwara, Jalan Kampung Jawa Baru and Jalan Timah. Driving along Jalan Magazine and Jalan Penang, one can find more varieties of shopping malls which are Prangin Mall and 1st Avenue Plaza, with the landmark of the island, KOMTAR Tower, standing nearby. Georgetown UNESCO World Heritage City Site and Pengkalan Weld are the two districts neighbouring the zone of the residential tower Tun Dr Lim Chong Eu Highway leads The Wave to the Penang Bridge, off the beautiful yet lively island. The condominium is expected to be completed during the year 2015.
