Parkview Towers as its name suggests, is a lovely condominium property located on a slope and overlooking a recreational lake and lush greenery.Situated in Desa Bukit Jambul in the district of Bayan Lepas, Penang, Parkview Towers is just 10 minutes away from the Penang Bridge and a 5 minutes' drive to the Penang International Airport. Other landmarks nearby, is the Inti International College and the Bukit Jambul Golf Course with easy access to Bayan Lepas Free Industrial Zone. Parkview Towers was developed by IJM Properties (or now listed in Penang as Jelutong Development) which completed in the year 2000. Also by the same developer is Alpine Tower located next door. And on the other side, is the Lakeside Tower another high-rise property.Parkview Towers has a total of 408 units, 12 of which are penthouse units located on either the 17th or 18th floor. There are 2 lifts per block. The smallest unit is just 800sf while the largest are the penthouse units which range from 1,320 - 1,500 sf.
Property Details
Name: Parkview Towers Address: Tingkat Bukit Jambul 1, Bukit Jambul Indah, 11900 Bayan Lepas, Penang Developer: IJM Properties Completion Date: 2000 Type: Condominium Tenure: Leasehold No. of Units: 408 No. of Blocks: 3 No. of Storey: 18 Built-up: 800 – 1,500 sf (Penthouse) Maintenance Fee: RM145 Subsale Price: Rental From RM1,300 (unfurnished or partly furnished) From RM1,700 (fully furnished)Facilities
24hr security Covered parking Landscaped garden Swimming pool & wading pool BBQ pit Squash court Gym Jogging track Mini games room Playground CafeteriaAnalysis
Picturesque views, lakeside tranquility and hillside breeze are what make Parkview Towers a sought-after place. For somewhere in the range of RM300,000 for a 1,000 sf unit located in a strategic area with quick access in and out of the island, Parkview Towers is certainly a worthy consideration. While there are not a lot of amenities surrounding the property, the Queensbay shopping mall, and its surrounding shop-offices are just 7 minutes drive away. Parkview Towers is considered a mid-range high-rise property in Penang. Because there are quite a few other high-rise properties in the area, competition can be stiff and traffic in and out of the area can be quite heavy. For property investors, the units at Parkview Towers are readily tenanted as rental ranges from RM1,300 – RM1,700 monthly. For business or frequent travelers to Penang, this location is ideal as it is a quiet retreat away from the city, yet close enough to the airport, shopping district, industrial free zone, and easy access to the mainland. The condominium also comes with many facilities to cater to its residents. From a nice BBQ in the hills to a refreshing swim in the pool, or maybe a walk by the lake is a lovely retreat after a hard day's work.
