Pearl View is a low-density freehold condominium located along the beautiful coastal area of Tanjung Bungah, Penang. Developed over 13 years ago by Palmex Industries who completed quite a few projects especially in Desaria, this condo has just 90 units built over a hill slope. Access is via Jalan Tanjung Bungah and Jalan Batu Ferringhi. This busy coastal stretch is also home to other notable landmarks like the Penang Swimming Club, Sri Golden Bay and Diamond Villa. Just 5 minutes away to Gurney Drive in Pulau Tikus and 10 minutes to Batu Ferringhi beach resort, there are plenty of hotels along this well-known stretch, a food court, petrol stations, restaurants and high-rise properties. Some of the units at Pearl View have an unobstructed panoramic view of the ocean although all units come with a balcony. Stretched over 3 blocks, the standard units have only 4 per floor and range from 1,300 – 2,300 sf. The 6 penthouse units are located on the highest floors and have a generous built-up of approximately 3,500sf. Those enjoy more privacy at just 2 units per floor. For the low-rise units at Pearl View that stand only 7-storey high are serviced by 1 lift, while the blocks which are 13-storey high have 2 service lifts. There are both multi-level carpark bays as well as outdoor, covered parking bays. Each unit is allocated a minimum of 2 parking lots.
Property Details
Name: Pearl View Address: 10A, Jalan Bunga Pudak, Tanjung Bungah, 11200 Penang Developer: Palmex Industries Completion Date: 1998 Tenure: Freehold Type: Condominium No. of Units: 90 (84 standard, 6 penthouse) No. of Storey: 4 (multi-level carpark), 7 & 13 (residential) No. of Blocks: 3 Land Area: 3.5 acres Built-up: 1,399 – 2,024 sf Maintenance Fee: RM0.20 psf Subsale Price: From RM460,000 – RM680,000 Rental: From RM1,700 – RM2,900Facilities
Swimming pool Gym Tennis court Squash court Mini market Covered parking Playground Jogging track 24hr security Sauna Jacuzzi BBQ area Community hall Car wash bay Intercom system Putting greenAnalysis
Pearl View is located on one of the most sought-after addresses in Penang. A tourist belt and fronting a beautiful beach known to locals and visitors alike, Pearl View is now fetching a handsome RM460,000 for the smallest unit. At a reasonable RM0.20 psf for the maintenance fees, there is a lot to enjoy within Pearl View itself. There is both a tennis court and squash court, gym with sauna, Jacuzzi and even a putting green for avid golfers. Traffic can be quite heavy along the main road of Jalan Tanjung Bungah as it is a main thoroughfare to Batu Ferringhi. The nearest public school in the area is SK Tanjung Bungah and SM Tanjung Bungah. Dalat International School is also just 5 minutes drive away. Other amenities like the Tanjung Bungah market and the nearest shopping mall, Island Plaza provides all that residents need. For recreation, the Tanjong Bungah Coastal Park was opened middle of 2010 near the Cove Condominium opposite Tanjong Bunga Hawker Center in an effort to conserve the coastal areas in Penang as a nature preserve. Residents in the area have been unhappy about there being too many new developments especially on hill sides and on the coast. As such, the Tanjong Bungah Residents' Association was formed to keep an active effort towards preserving this well-loved area.
