The Sun @ Sungai Nibong Penang
The Sun Sungai Nibong Penang
With Sungai Nibong Masterplan in Place, the other project named The Sun came with mixed development. This upcoming Project Developer is Sepakat Mewah Sdn. Bhd. The project location is along Jalan Sultan Azlan Shah, right opposite Kwang Hwa primary school. It is merely a walking distance to the proposed Sungai Nibong LRT station.
Surrounding Development includes Novus Residences and Montage Residences by Pearl Ocean.
The Sun Sungai Nibong Penang will see the demolition of existing houses, for a 24-storey building comprising condominium, hotel, shop offices. Common facilities will be located at level 7.
Project Overview:
Project Name : The Sun
Location : Sungai Nibong, Penang
Property Type : Mixed development
Total Units: 145 units
Built-up Area: 1313 sqft
Indicative Price:Around RM500+ PSF
Developer : Sepakat Mewah Sdn. Bhd. (Tauplene development)
Status: Completion 2021
The Sun Sungai Nibong Penang Masterplan will includes of 5 storey shoplots, Affordable Housing, Hotel and also Residential Tower ALL at same location. As of now, Shoplot is available for soft launch. Indicated shoplot Pricing starts from few hundred thousand to few millions MYR.
Development masterplan:
The Masterplan consist of:
- Development Area: 2.2 Acre
- Shoplot: 49 units
- Affordable Housing Unit: 50 units
- Residential Condo Unit: 145 units
- Executive Suites
The Sun Sungai Nibong Penang Residential Condo
Layout plan:
Total Build up Area: 1313 sqft with 3 Bedroom 2 Bathroom and Balcony. Starting Price: RM688k(nett price) Onwards.
Pricing and Packages:
- Two Side by Side Carpark
- Aircon Point
- Heater Point
- Zero Documentation Cost
- Maintenance: RM0.25 psf+10% SF
- Upto 10% Rebate, renovation subsidies and Aircon
- **Reveal upon private discussion
- HOC Qualified **T&C apply subject to HOC approval.
The Sun @ Sungai Nibong Condominium USP:
- It is a self Sustainable Project by it’s own
- Low Pricer PSF
- Extremely Low Density
- Big Sqft (Ideal for Family)
The Sun @ Sungai Nibong Penang Commercial Shoplot
The Shoplot only consist of 20 units at the front with 5 levels front and 2 level Rear.
Price Ranging From RM600k to RM 3mil depending on the sqft.
Maintenance fee per month is RM0.35 psf + 10% SF.
Potential customers for shoplot:
- Students( in front of Kwang Hwa Secondary school)
- Tourists( 135 units of Hotel build on top of the shoplot)
- Residents by it’s own. (195 units in total)
Psf for remaining shoplot for upstair will be RM700 psf while for ground floor will be RM1200 psf. Left less than 5 units.
Sg Nibong shoplot is proven to have full occupancy rate due to it’s strategic location.
The Sun Executives Suites Click HERE to go to the post.
Verdicts:
The Sun is strategically located near to Sg Nibong LRT blueprint map. It is much cheaper compare to surrounding development too.
Interested Candidates may approach us for more details.
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