Maple Residence is a freehold residential development located in Sungai Puyu, Butterworth, Penang. The developers, Oriental Max Group expects the development to be delivered around Q3 of 2015. It will consist wholly of 3-storey terrace houses, which are developed over two phases. Phase 1 would see to the construction of 135 units, whereas phase two would have 72 units. All units would have 3 + 1 bedrooms, 1 study room and 5 bathrooms; with a total built up of 2,050 sf. The layout is marketed more towards the medium sized family, and prices start from RM538,000 at Phase 1 launch. Phase 2 is expected to be slightly more expensive due to the fact that its closer to the entrance and the facilities.Maple Residences is a gated and guarded residential area, and all the facilities are located within the phase 2 development on one patch of land right in the middle of the houses. Facilities available for the residents would be a clubhouse which has a swimming pool and gymnasium, along with a function hall. Located adjacent to the clubhouse would be a barbecue area, and a children playground.Maple Residence is easily accessible via the Butterworth Outer Ring Road, which connects to the North South Expressway (PLUS). The Outer Ring Road also connects Maple Residences to the Penang Bridge. Maple Residence is located roughly 2.5 kilometers north of the Butterworth town, there are not many amenities in the immediate vicinity, but a short drive into town is all it takes to access them. The nearest mall is the Billion Shopping Centre and Econsave. There are a lot more options across the bridge to Penang Island, but Queensbay Mall is roughly 16 kilometers away. The nearest hospitals are the Bagan Specialist Centre, and Hospital Seberang Jaya; both are roughly 5 kilometers away. There are eateries nearby, but for banks one would have to travel to Butterworth town proper. There are many schools nearby, but most prominent of them all is Chung Ling Butterworth High School; others are SK Sungai Puyu, SMK Dato' Onn, SJKC Li Hwa and SMK Bagan Jaya.
Property Details
Name: Maple Residence Address: Sungai Puyu, Butterworth, Penang Developer: Oriental Max Group Completion Date: Q3 2015 (estimate) Type: 3-Storey Terrace House Tenure: Freehold No. of Storey: 3 No. of Units: 207 Phase 1: 135 Phase 2: 72 No. of Bedrooms: 3+1 No. of Bathrooms: 5 Land Area: From 1,164 sf Dimensions: 38 x 18 ft Built-up: From 2,050 sf Launch Price: From RM538,000 - RM650,000 Facilities
Clubhouse Swimming pool Gymnasium Outdoor BBQ zone Children playground Function hall Play roomAnalysis
Maple Residences is located to the north of Butterworth, quite some distance away from amenities, however the upside to this is that traffic is moderate even at peak hours. Coupled with the fact that the Penang state government has just recently signed a contract with developers to create the undersea tunnel linking Georgetown and Butterworth. In the long haul, the location of Maple Residences would improve tremendously once the tunnel is completed in 10 years time. Easy access to the island itself would create a huge shift in the location factor. All in all, Maple Residences has tremendous potential, as the cheapest property is only priced at RM538,000. Properties in the vicinity could see to a steady appreciation until the completion of the underwater tunnel project.