Pine Residence is a new condominium development located in the vicinity of Farlim, Penang. Developed by Geo Valley, this residence is scheduled for completion by end of 2015. This freehold development comes in two massive towers, which has 29 storeys each. A total of 222 units of condominiums are offered in this development, with the built-up of the units ranging between 1,508 sf and 3,345 sf.In terms of layouts, Pine Residence comes with three types, whereby Type A comes with 3 + 1 rooms and the built-up of this unit varies between 1,642 sf and 1,674 sf; Type B comes with 3 + 1 rooms as well and the built-up of these units varies between 1,508 sf and 1,533 sf. Meanwhile, Type C are penthouse units which has 4 + 2 rooms with built-up ranging between 3,014 sf and 3,345 sf. This residence also comes with facilities such as swimming pool, child wading pool, spa library, sauna, gymnasium, children’s playground, rooftop sky garden, design landscaping, nursery, community hall, meeting room, drop-off area, rest room and BBQ area.Among the amenities located in the surrounding are Sunshine Farlim Mall, Lam Wah Ee Hospital, Kek Lok Si Temple, Penang Hill, Penang Free School, State Mosque, Penang Turf Club, SMK Georgetown, Chung Ling High School, SK Convent Green Lane, Penjang Botanical Garden, Sin Kang Chinese Primary School, Air Itam Secondary School, Sri Aman National School, Batu Lancang Teknik Secondary School, Georgetown Secondary School and Batu Lanchang National School, Prangin Mall, Komtar and 1st Avenue Mall.
Property Details
Name: Pine Residence Address: Off Jalan Bukit Kukus, Paya Terubong, 11500 Farlim, Penang Developer: Geo Valley (a subsidiary of Lone Pine Group Of Companies) Completion Date: 2015 (estimate) Type: Condominium Tenure: Freehold No. of Blocks: 2 No. of Storey: 29 No. of Units: 222 No. of Rooms: (3+1) - (4+2) Built-up: 1,508 – 3,345 sf Launch Price: From RM450,000Layouts
Type A (1,642 sf – 1,674 sf) 3+1 rooms Type B (1,508 sf – 1,533 sf) 3+1 rooms Type C (3,014 sf – 3,345 sf) Penthouse 4+2 roomsFacilities
Swimming pool Child wading pool Spa BBQ area Library Sauna Gymnasium Children’s playground Rooftop sky garden Design landscaping Nursery Community hall Meeting room Drop-off area Rest roomAnalysis
Pine Residence was developed by Geo Valley, a subsidiary firm of Lone Pine Group Of Companies. Commenced in the year 1987, this firm has been in this property development industries for over 26 successful years. This firm also had developed properties namely 1 Tanjong, Pine Sanctuary, Pine Valley, Puncak Terubong, Rambai Terrace, Taman Lone Pine and Taman Seri Rambai. Currently the firm only have two on-going projects.As for the early bird promotion, the developer of Pine Residence offers 8% cash rebate, 2% booking fee, free legal fee for SPA, free 1 covered car park and 0% developer's interest bearing scheme (DIBS) for the buyers. This residence is located at Farlim, a slowly growing town in Penang due to its further away location from First and Second Penang Bridge. This residence was launched at RM450,000 and the capital appreciation, as well as rental value are quite dull for this area.
