Putra Marine

Putra Marine is a waterfront condominium which was developed by TechWare Enterprise, which has more than 15 years of experience in property development, building construction and civil engineering in Penang Island as well as mainland area of Bukit Mertajam. This condo was completed in September 2007.Nestled in the Bayan Indah area, Putra Marine consists of one block of 18-storey condo with a total of 126 units. This leasehold project has eight layouts for typical units with built-up areas ranging from 2,027 to 2,730 sf whereas the penthouse and duplex units have built-up areas ranging from 3,840 to 4,135 sf. Putra Marine is located along Persiaran Bayan Indah, which is around the Pantai Jerejak vicinity within Bayan Lepas area. It is close to the Penang Bridge and International Airport and easily accessible via Jelutong Expressway, Bayan Lepas Expressway (better known as Coastal Highway), Jalan Sultan Azlan Shah and many other major roads on the island. Putra Marine is also near to many amenities such as schools and institution of higher learning (SK Sungai Nibong, SMK Sungai Nibong, SJKC Kwang Hwa, University Science Malaysia and Penang Skills Development Centre) shopping malls (Queensbay Mall, Bukit Jambul Complex), cafe and restaurants, corporate offices (Krystal Point, I-Avenue, Bayan Bay), Sungai Nibong bus terminal and the Penang Free Industrial Zones.

Property Details

Name: Putra Marine

Address: Persiaran Bayan Indah, Bayan Lepas, Penang

Completion Date: September 2007

Developer: TechWare Enterprise

Type: Condominium

Tenure: Leasehold

No. of Blocks: 1

No. of Storey: 18

No. of Units: 126

Maintenance Fee: RM0.15 psf

Subsale Price:

Rental:

Layouts

Typical units

Built-up area: 2,027 - 2,730 sf

Penthouse and Duplex units

Built-up area: 3,840 - 4,135 sf

Facilities

24-hour security

Squash court

Tennis court

Sauna

Swimming pool

Wading pool

Aquatic pond

Community hall

Gymnasium

BBQ area

Jacuzzi

Reflexology path

Children's playground

Market Trends

Analysis

Putra Marine which was completed in year 2007 has eight units on each floor for the typical units. For a condo block that only has a total of 126 units, this development is indeed a low density project. More often than not, property buyers always seek properties with low density status to ensure no privacy intrusion. Thus, in terms of the density factor, the condo meets most property buyers' requirements. Currently, there are new developments of landed properties being built at about 1km away from Putra Marine. However, one needs to take note that there are still empty plots of land along Persiaran Bayan Indah (between the new landed properties development and Putra Marine) which have yet to be developed. If there were new developments being developed in the nearby areas in the near future, this would obviously increase the overall density of the area. All units at Putra Marine come with the sea view. However, as the whole area is facing Pulau Jerejak, this condo is actually blocked by the island. Some may regard the island as panoramic view but certain property buyers may question the definition of a sea view condo unit especially when it is actually facing an island and just a part of the sea. Putra Marine's entrance faces Putra Place, another mid-range development which was developed by the same developer. Due to inadequate car park spaces, many residents park their cars along Persiaran Bayan Indah on both sides of the road. This has not only made the aforementioned road narrow but sometimes also worsen the traffic flow at the area especially when there are cars entering and exiting the condos at the same time. There have also been a number of reports of car break-in cases outside Putra Marine's premise. Though it did not happen inside the condo, potential property buyers should seriously take note of this issue to prevent any unwanted incidents. Other than that, the poorly lit Persiaran Bayan Indah could also pose potential danger to property owners.Many people believe that staying at the seaside is one of the most wonderful things in life. However, it is the total opposite for those who are staying at Putra Marine, as there are no beautiful sandy beaches along the seaside. The condo was actually built on a reclaimed land, which used to be muddy and smelly. Even though the land has been developed and beautifully designed, property owners are to be reminded that the whole area stinks especially during the low tide season. Putra Marine's strategic location which is close to the Penang Free Industrial Zone is a potential place for property investment, in terms of rental returns. Apart from that, its close proximity to amenities is also a convenience to residents. Pricing wise, the locals still find this property expensive as they believe that with the same amount of money, they could actually find similar properties with freehold status. These days, as most property owners prefer freehold properties, this is actually a drawback for Putra Marine. However, with spacious condo units, low density status, strategic location and full condo facilities, the subsale value is well justified.