The Maritime is a leasehold, mixed development located in Jelutong, Penang. The development is estimated to be completed in the year 2014 and the developer is IJM Land. Neighbouring apartments include Desa Pinang 1 and Pinang Court 1.In The Maritime, there would be two parts, being the Maritime Suite and Maritime Piazza. There would be total of two blocks, each having 18 storeys and 20 storeys respectively. There would be 240 residential SOHO units, and 50 units of commercial shop offices. The residential units would have 2 to 3 bedrooms, and 1 to 2 bathrooms, with built-ups ranging from 883 sf to 1,001 sf. The shop offices would have built-ups ranging from 1,140 sf to 6,394 sf.Units in The Maritime would come with at least 1 car parking space. Facilities would include a swimming pool, as well as an indoor gym and outdoor gym. There would also be a children's playground located in the grounds. The two towers would be able to take in views of the Penang Bridge and the sea, as well as the skyline of Penang.Amenities are easily accessible from The Maritime. Banks and eateries are available on Jalan Jelutong and Georgetown, which is relatively close being roughly 2 kilometers away. Shopping complexes such as 1st Avenue Mall and Prangin Mall is available in Georgetown as well. The nearest hospital is Hospital Pulau Pinang and Loh Guan Lye Hospital, both less than 3 kilometers away. Schools nearby include the Penang Japanese School, SMJK Convent Datuk Keramat, and SMKP Methodist.From The Maritime, there is little to no access to public transportation at the moment as the area is under development, though there will definitely be bus routes to the area in the future. As the development is located on the coast, it is only accessible via the Tun Dr. Lim Chong Eu Highway, therefore, congestion would be an issue.
Property Details
Name: The Maritime Address: Off Jelutong Expressway, 11600 Jelutong, Penang Developer: IJM Land Completion Date: 2014 (estimate) Type: SOHO & Shop Office Tenure: Leasehold No. of Blocks: 2 No. of Storey: 18 & 20 No. of Units Duplex Suite: 224 Shop Office: 50 No. of Bedrooms SOHO: 1+1 No. of Bathrooms SOHO: 1 - 2 Land Area: 2.79 acres Built-up SOHO: 883 - 1,130 sf Shop Office: 1,140 - 6,394 sf Launch Price: RM450 psfLayouts
Commercial Shop office 1,140 - 6,394 sf
SOHO Type A 1 bedroom + 1 room + 1 bathroom (915 - 990 sf)
Type B 1 bedroom + 1 room + 1 bathroom (883 - 1,001 sf)
Type C 1 bedroom + 1 room + 2 bathrooms (1,023 - 1,130 sf)
Facilities
Swimming pool Indoor & outdoor gymnasium Children's playgroundAnalysis
IJM has been criticized for having offered a bulk-buying scheme that favors bulk-buyers and persons connected to the developer with dibs on better positioned units at better prices; whereas the average Joe is left with poorly positioned units at a higher price. It is also rumored that the entire block facing the sea was sold en-bloc to a group looking to turn one of the towers into a hotel. Others whom were previous purchasers of IJM Property has lamented that the developer is untrustworthy and unscrupulous in their practice. Platino, IJM's first luxury project in Penang which was previously marketed as a luxury condo had unacceptable finishing with chicken wire mesh for a security wall. There is also a mosque located in the immediate vicinity of the Maritime which will be broadcasting prayers five times daily. Furthermore, the development is built on commercial, leasehold land, therefore the prices of utilities for the residents would be higher and the lease would require renewal after 99 years.
