The LOOC Residence is a freehold, luxury condominium located at Gurney Drive, Penang along the famous Gurney Drive. the development was completed in the year 2010 by the developers whom are Jiran Cergas Sdn Bhd.Units in the The LOOC Residence are upmarket, considering each floor only comes with one single unit. Density is very low with only 23 units in this 29-storey building. Units come with either 5,100 sf or 5,923 sf, both of which would have 4+1 bedrooms and 5 bathrooms. Each unit comes with 2 to 4 parking spaces.The LOOC Residence is a sea-facing condominium and as each unit occupies an entire floor, all of which have an unobstructed view of the sea and the city skyline. Each unit features intricate design details with a spacious interior with a pragmatic layout.The recreational facilities in The LOOC Residence are well-designed to provide a relaxed and serene environment. A roof garden to relax and unwind yourself, a roof terrace where one can hold functions or celebrate occasions. Other facilities include play ground area, games room, jacuzzi, sauna, gymnasium and conference room.From The LOOC Residence, the nearest malls are Gurney Plaza and Gurney Paragon. There are many hospitals in the area, including Penang Adventist Hospital, Tanjung Medical Centre, and Island Hospital. Banks could also be found in the vicinity as the neighboring location of Pulau Tikus, which houses branches of several banks, not to mention there are also numerous branches on Gurney Drive itself. The LOOC Residence is very accessible as it is located between Georgetown and the northern region of Penang which is the popular tourist destinations, being Tanjung Bungah and Batu Ferringhi. Jalan Burma would be the main road leading into and out of the vicinity, along with Jalan Kelawei. Schools nearby include International School of Penang, which is walking distance, along with Taylor's University College and Tenby Schools Penang.
Property Details
Name: The LOOC Residence Address: Jalan Kelawai, 10250 Gurney Drive, Penang Developer: Jiran Cergas Sdn Bhd Completion Date: 2010 Type: Condominium Tenure: Freehold No. of Blocks: 1 No. of Storey: 29 No. of Units: 23 No. of Bedrooms: 4+1 No. of Bathrooms: 5 Built-up: 6,000 Subsale Price: From RM2,950,000 Rental: From RM9,500Layouts
Type A 4+1 bedrooms + 5 bathrooms (5,923 sf) Type B 4+1 bedrooms + 5 bathrooms (5,100 sf)Facilities
Games room Jacuzzi Sauna Gymnasium Conference room Roof gardenAnalysis
The LOOC Residence is another upmarket development located on Gurney Drive, which is a commercial hotspot, not to mention a heaven for foodies as the hawker stalls of Gurney Drive itself is well known throughout Malaysia. The units in The LOOC Residence are most likely subjected to heavy speculation as is with the property market in Penang. The price tag here however, is rationalized by its proximity to amenities, tourist spots, hotspots, exclusivity, and an overall well-built development.