Riverside Residences is an upmarket mixed residential area in Relau, Penang. Relau is a fast growing township known for its lush greenery and is close to the city yet far away from the hustle and bustle of town so residents can lead a great, peaceful lifestyle by getting away from it allThis freehold residence consists of several options for the property investor. Developed by G.I.M Smart Venture, this luxury gated and guarded residential community has plenty of space for growing families in a riverside location. Homes in Riverside Residences are serviced by 40' – 50' internal roads, and feature low-density 3-storey terraces and 3-storey semi-detached homes and an exclusive condominium. The terrace houses and semi-detached houses all have large built-up and land areas including a spacious backyard which is great for kids running around, budding gardeners, or just to host parties in the backyard. Other than this, launch prices and built-up areas of Riverside Residences are unknown. There are also supposed to be recreational and condo facilities, but this has also not been advertised apart from a recreational park by the riverside plus a clubhouse.Riverside Residences is easily accessible via the Penang Bridge and Jalan Paya Terubong. Nearby public amenities include Queensbay Mall, schools, hospitals, clinics, banks, the Bukit Jambul Golf Course, and more. It is also close by to the Bayan Lepas Industrial Area.
Property Details
Name: Riverside Residences Address: Relau, Penang Developer: G.I.M Smart Venture Tenure: Freehold Type: Terrace, Semi-D & CondominiumFacilities
Clubhouse Landscaped recreational area by the riversideProperty Details
For those searching for a residential property in an upcoming area of Penang island, Relau is a great choice. There are several options for buyers to choose from, such as landed property and condominiums. The condominiums are most likely targeted at foreigners (such as those on the MM2H program) while the locals always favor landed properties. As land is scarce on Penang island, the prices should grow in the long-term, making it a favorable purchase for the property investor.
