Sathu Terraces is part of the 100-acre One Residence that is located in Sungai Ara, Penang. It is a freehold residential development which was completed on schedule in 2nd quarter of 2012. The developer is Ideal Property in conjuction with Koperasi Tunas Muda in a joint venture. Neighbouring properties include Dua Villa, Tree Residences and Fiera Vista.Within Sathu Terraces, there are a total of 182 double-storey terrace houses, 34 of which are corner lots featuring a larger land size and built up. Layouts for the various units vary only slightly, having either 4 + 2 bedrooms or 4 + 1 bedrooms; whereas built-ups only come in 2,360 sf or 2,632 sf. Prices starts from RM1,150,000 at launch.The housing area within Sathu Terraces is thoughtfully designed so that the backyard are connected with common park, allowing for the children to avoid the roads and the traffic. It is also designed with a minimalist concept with emphasis on the clean, neat lines giving a more spacious and modern outlook. The porch also has adequate room for two full-sized cars, whereas the larger corner lots can fit up to three cars.Facilities within Sathu Terraces centers around an intricately designed swimming pool in the shape of a cul-de-sac. There is also a clubhouse containing a gymnasium. Outside on the landscaped surroundings, there is a jogging track that couples as a cycling track. Sathu Terraces is a gated and guarded area with three-tier security, including card access, boom gate and CCTV surveillance.Amenities in the immediate vicinity of Sathu Terraces is sparse as the area is relatively new. The nearest shopping centre is the Giant Hypermart in Bayan Lepas and Sunshine Square. Other malls such as Queensbay Mall and Bukit Jambul Complex are also within comfortable driving distance. Hospital Pantai Mutiara is 2.8 kilometers away, and there are many clinics and medical centers located in Bayan Baru. Banks and restaurants can be found in the township of Bayan Baru as well, which is roughly 3 kilometers away. There are no schools in the immediate area, but the closer ones are Fairview International School, Straits International School, SK Bayan Lepas and SRK Sungai Batu. Accessibility to Sathu Terraces is decent; the Penang International Airport is located just off its main road, so there that. Two main roads nearby leads to the township of Bayan Baru, which are Jalan Tun Dr Awang and Jalan Dato Ismail Hashim. To the Penang Bridge, it is roughly 15 minutes by car being 10 kilometers away via Lebuhraya Tun Dr Lim Chong Eu.
Property Details
Name: Sathu Terraces Address: One Residence, Sungai Ara, Penang Developer: Ideal Property (a JV with Koperasi Tunas Muda) Completion Date: Q2 2012 Type: Terrace Tenure: Freehold No. of Storey: 2 No. of Units Type A Corner: 12 Type A Intermediate: 59 Type B Corner: 22 Type B Intermediate: 87 No. of Bedrooms: (4+1) - (4+2) No. of Bathrooms: 4 Dimension: 22 x 75 ft Built-up: 2,360 - 2,632 sf Maintenance Fee: RM190 Launch Price: RM1,150,000Layouts
Type A Corner (34 x 80 ft) 4+2 bedrooms + 4 bathrooms (2,632 sf) Type A Intermediate (22 x 80 ft) 4+1 bedrooms + 4 bathrooms (2,360 sf) Type B Corner (34 x 75 ft) 4+2 bedrooms + 4 bathrooms (2,632 sf) Type B Intermediate (22 x 75 ft) 4+1 bedrooms + 4 bathrooms (2,360 sf)Facilities
Cycling tracks Clubhouse Gymnasium Swimming poolAnalysis
The location of Sathu Residences is really in the outskirts of Bayan Lepas, nearer to the southern side Penang island which is relatively less developed. Amenities are not abundant in the immediate vicinity; but Penang island is rather compact therefore amenities are not too far out of reach. The design and concept of the developer's project is ideal for growing families and prioritizes on safety as well.The location is then ideal for own stay, however there's the steep price of over a million Ringgit for a terrace house to consider, in the outskirts of a town in Penang no less. Substantial capital appreciation has been seen on most locations throughout Penang the past two years, and Sathu Terraces has not been left out.