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Sunday, April 6, 2008

Penang Goes Posh

FOR centuries, Penang has attracted traders, seafarers and adventurers from far and wide. Today, the island is no less popular, being one of Malaysia’s front-runners in the real estate investment market after Kuala Lumpur. It is against this backdrop of sun and surf, and city living that E&O Property Development Bhd is building the largest waterfront project there. The company laid the foundation for the Seri Tanjung Pinang community by first selling double-storey terrace and semi-detached housing. It recently took things a notch higher by launching bungalows in three designs. Known as Skye, Abrezza and Martinique, the bungalows are set apart from other landed developments taking place on the island because of several factors. The first is the overall ambience. Each home design draws inspiration from the different elements around the world that make living a pleasure. Although the look, feel and design vary, a single thread binds them and the buyers who take to them – the desire for the finer things in life.Those who have visited the show village and the show houses would probably agree that Martinique is the most spectacular of the three.It blends classic lines with the best of materials like nyatoh balustrades, Italian marble flooring and Burmese teak. Fronting the Straits of Malacca and enveloped by a meandering waterfront promenade, Martinique is a double-storey white sprawling mansion reminiscent of the white and beige plantation manors of the Caribbean Islands.Much thought has gone into interior decor to give ideas and options to potential buyers. There are several living areas, depending on the purpose and degree of formality of the occasion. The guest pavilion on one wing offers breathtaking views that sweep into the lawn, sea-front promenade and the azure blue sea. Your guest will not want to leave after this by-the-sea experience. Depending on the land size, which varies between 11,000 and 13,000 sq ft, Martinique (built-up: 9,000sq ft) begins from RM6.7mil. There are 12 units of Martinique, of which four have been opened for sale. Of these, two have been sold.
(The Star 29-3-2008)