Eco Terrace
Condominium
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Property Description
Eco Terraces, Paya Terubong is a freehold residential condominium located at Jalan Paya Terubong in Paya Terubong, Penang. Eco World Development Group Berhad, a public listed Malaysia company is the developer of this luxury condominium with its overall concept, design and lifestyle facilities to bring a new standard of high rise living to the vicinity. The Eco World brand is spread across three key economic regions in Malaysia with R8 development projects in total that include new townships, integrated commercial developments, luxury high-rise apartment and green business parks. The group is not only construct the development in Malaysia, the group has also extended internationally to United Kingdom and Australia. The Eco Terraces project is the first project by the group in the northern region of Malaysia.
The Eco Terraces condominium is built by the eco design with beautiful greenery and landscaping. The development used only 30% at the base of a hill and developed land more for landscaping rather than for build-up elements, it is an excellent haven from the hustle and bustle of the city. With that, Eco Terraces is a natural themed development with the prime target who liked to live in amidst green and wholesome surroundings. Besides, Eco Terraces is very secured by the designed multi-tier security system. There are only single entry and exit point, two ways guard house intercom, individual alarm security system and perimeter fencing protected by CCTV and motion sensors, featuring peace of mind for living.
Eco Terraces is strategically located in the heart of Penang Island amidst rolling hills, it is accessible via Lebuh Bukit Jambul, Persiaran Bukit Jambul and Jalan Tun Dr Awang. It only needs 25minutes to reach Georgetown city centre and only needs 20 minutes to Penang International Airport in Bayan Lepas. With its central location and good connectivity to various parts in Penang, residents can reach the first and second Penang Bridge in short time. Moreover, there is a Petronas petrol station just by the Eco Terraces’ entrance and another Caltex station near the junction with Lebuhraya Thean Teik opposite Econsave. Eco Terraces is surrounded by famous Kek Lok Si Temple, Penang Hill and several public schools such as Fairview International School, INTI International College, USM, SK Seri Indah and SMK Air Itam. Queensbay Mall, Gurney Paragon Mall, First Avenue and Hospital Lam Wah Ee are also nearby. Other amenities include banks, markets, coffee shops, hawker stalls, food courts, convenience shops, mosques and more.
Eco Terraces has provided a lot of facilities for residents which spread across several zones. Gymnasium, aqua gym, wading pool, swimming pool, floating bed, Jacuzzi and sun deck are in the Mesa section which just beside the condominium. Furthermore, there are spice and herb gardens, two eco ponds and meditation deck in the Trail area for resident to have a place to relax. The Commune section is an area for entertainment which includes karaoke lounge, multi-purpose function hall, gourmet kitchen, table tennis, golf simulation room, mini theatre, BBQ deck and also Children’s playground. Other than that, there are landscaped gardens, picnic lawn, gazebo and putting green in the Lawn area. Of course the multi-tier security system is also provided exclusively for the residents.
This freehold residential development is a 33-storey building laid out in a V shape which covering 12.79 acre of land. It carries a total 333 units of residential units which have built up ranging between 1,095 sq ft to 2,008 sq ft. Each floor has 14 units with 4 difference types of layouts where Type A is the smallest unit and Type D is the largest unit. Type A and Type B units come with 3 bedrooms and 2 bathrooms, while Type C and Type D units come with 4 bedrooms and 3 bathrooms. Type B units come with 1,366 sq ft are slightly larger than Type A units. Type C are dual-key corner units come with 1,520 sq ft, one of its bedrooms which attached with a bathroom can be separated and turned into a standalone studio unit. The type D duplexes are two-level units having most spacious double volume ceiling with a vast window which come with an additional powder room.
With the tower’s V-shaped layout design, part of the residents can view Air Itam and Bandar Baru Air Itam instead of viewing skylines where all Type As have a mixture of city and hill views, all Type Bs face the hill behind the development, while all Type Cs and Ds have city views. On top of that, the units may come with fully fitted or fully fitted and furnished upon delivery depending on buyers’ option. There are included air conditioners for all living area and bedrooms, wardrobes for all bedrooms, while mirror, water heater and vanity top for the bathrooms. There are also included cabinets, hood, hob, oven, sink and refrigerator for kitchen. The goodies don’t stop here where you can expect digital locksets, bedroom with laminated timber flooring, and fibre optic high speed broadband. The Eco Terraces project was launched in November 2015 and the expected date of completion is in 2019. The selling price varies from RM900,000 onwards where average cost RM850 to RM1,000 per sq ft with expected RM 1000 to RM 2000 differences between the same unit for every rising floors. The maintenance fee was set at RM0.35 per sq ft and each unit comes with two covered car park bays. According to the report, the take up rate for this luxury high rise condominium was around 70% since Q4 of 2015.
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Quick Summary
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| Eco Terrace |
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| Paya Terubong |
| PENANG |
| Condominium |
| Strata |
| Freehold |
| 12.79 acres |
| 333 |
| 2019 Q3 |
| 1,028,000.00 |
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Project Concept: Multi-Generation Wellness Care Condo
Total Storey: 33 Storeys
Total block: 2 Block
Built Up: 1,095sf - 2,008sf
Total Number of Car Park: 2 - 3 Car Park |
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