“For Penang. In Penang. By Penang.” This tagline inspired the idea for the much anticipated Penang World City by Malaysia property developer Tropicana Ivory Sdn Bhd. It aims to set Penang City on the road to international acclaim and boasts of waterfront views for Penang property to be constructed in the vicinity. It has a land area of 41.5ha where 14.2ha is to be reclaimed. It also advocates Penang’s Green City initiative and fosters environmental sustainability.
The proposed landscape of Penang World City | Photo courtesy: Penang World CityOne of the first major developments of the Penang World City is the Tropicana Bay Residences. This Malaysia condo aims to be of global standards while upholding its stance on environmental safety.
The proposed recreational area of Tropicana Bay | Photo courtesy: Penang World CityIf you’re looking for modern Malaysia homes or Malaysia condos for sale, the Tropical Bay Residences is the one for you. It is located in a reclaimed area in Bayan Bay. It’s a great location because it’s just a 30-minute drive from prime cities like George Town, and Balik Pulau (via the Tun Dr Lim Chong Eu expressway).
One of the beautiful proposed recreational areas facing the expressway | Photo courtesy: Penang World CityThis Malaysia condo for sale will consist of six towers with prices ranging from RM 520,000 to RM 1,700,000. Room sizes range from 400 square feet to about 2,000 square feet. It’s the perfect price range for the young working class who want to buy a Penang condo. They will be free to choose from the affordable, smaller units or the more expensive, bigger units; whichever fits their current budget.
A staged unit of the Tropical Bay Residences | Photo courtesy: Penang World CityThe Tropicana Bay Residences go for the hip, modern, and contemporary look. Plans for this Penang luxury condo include a roof top lounge that has a 360-degree view of the Penang Bridge and mainland coast. There is also a proposed infinity swimming pool, a clubhouse for various sports, a gym, and a recreational space. Construction is set to be finished by September 2017.
The proposed infinity pool of Tropical Bay Residences | Photo courtesy: Penang World CityLooking for more potential Malaysia real estate investments? We’ve got Malaysia property listings for you. You can also check out our Facebook page and blogs to get the latest updates on Malaysia real estate.