Ever dreamt of staying in the best integrated mixed development project in the heart of the city?
If yes, then The Wave at Penang Times Square with its 312 residential suites is definitely the answer.
Its elegant facade will also surely catch the attention of the buyer.
Ivory Properties Group Bhd chief operating officer Goh Chin Heng said owners may be able to enjoy capital appreciation in the value upon completion of the integrated project in 2017.
“I can safely say that this will be the best integrated mixed development project in George Town.
“The price is also competitive with each sq ft priced between RM620 and RM680, and very much lower than the RM1,000 per sq ft charged by surrounding projects,” he said in an interview on Tuesday.
Also present was Ivory Properties Group Bhd executive director Datuk Ooi Chin Loo.
The Wave with its suites on 27 floors, sits on 11 storeys of podium for parking, facilities and commercial component for retailing purposes.
There will be retail outlets, a cineplex, hotels and an entertainment city when completed.
Available in four configurations, unit sizes range from 1,250sq ft to 2,905sq ft.
Besides The Wave, Goh said buyers could also invest in shoplots which offer potential for capital appreciation.
“There are still limited shoplots available at The Peak Residences and The Latitude in Tanjung Tokong.
“These shoplots are a great investment as they are meant to cater for people in some 1,500 residential units in the Mount Erskine and Hong Seng Estate areas,” he said.
“Whether the lots are turned into food and beverage outlets, laundries or clinics, the potential is enormous.
“We are confident that interested buyers can easily enjoy an annual 6% return in investment,” he said.
Goh said buyers would also enjoy a 5% cash rebate and other promotions during the Merdeka Day roadshow in Gurney Plaza from now till Sunday.
Just head to the Ivory Properties sales booth (10am to 10pm).
Birch House in Jalan Datuk Keramat, which currently houses Ivory’s office, will be leased out to McDonald’s as a drive-through outlet by the end of the year.
For more information, contact Ivory Properties at 04-2108003 or visit www.ivory.com.my. - By The Star
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