Urban Suites@Penang is an upcoming freehold service suite development located at Jalan Ahmad Noor, Jelutong, Penang. Developed by Cosmopolitan Homes Sdn Bhd, this project is set to be completed by the end of 2021. Known for their commitment to high-quality design, planning, and construction, Cosmopolitan Homes is a member of the Real Estate and Housing Developers’ Association (REHDA), ensuring sustainable development and an improved quality of life for residents.
Urban Suites@Penang is masterfully designed with a linear shape, stunning architecture, and stylish elements. The project harmoniously blends luxury with modern style, featuring state-of-the-art technology and an emphasis on green and environmentally friendly initiatives. The landscape is filled with lush greenery, enhancing the overall living experience and making it a remarkable property in Penang.
Located in the heart of Penang Island, Urban Suites@Penang offers unparalleled accessibility. The development is just a 5-minute walk from the proposed LRT station and a 5-minute drive to the Penang Bridge and Karpal Singh Drive. Situated only 4.4 km from Komtar, it places residents within a 5-km radius of the city center, surrounded by numerous amenities.
Nearby educational institutions include Sekolah Kebangsaan Jelutong and Heng Ee High School. The Jelutong Market serves as the nearest wet market, while Lam Wah Ee Hospital provides healthcare services. For shopping, Tesco Egate Penang is a 5-minute drive away, and Queensbay Mall is about 10 minutes by car. The Penang International Airport is conveniently located 20 minutes from the development.
Urban Suites@Penang is connected to major roads such as KOMTAR to East Jelutong, Tun Dr. Lim Chong Eu Expressway, Jalan Tan Sri Ewe Lim, Jalan Sultan Azlan Shah, Jalan Tunku Kudin, and Jalan Yeap Chor Ee. Public transportation options include taxis and buses, ensuring easy and efficient travel.
Urban Suites@Penang offers a wealth of facilities spread across the ground floor and the podium level. The ground floor features an entrance water feature, guard house, lounge, mini theater, feature pavement, and concierge service desk. The podium level includes over 40 facilities such as an aqua gym, floating gym, floating cabanas with jacuzzi, sandy beach pool, multipurpose hall, basketball court, mini futsal court, badminton court, BBQ garden, spa pool, sauna, reading room, meeting rooms, café, children’s playground, jogging track, wading pool, event hall, surau, outdoor dining area, reflexology path with water jet, and garden lounge.
Urban Suites@Penang comprises three blocks: one 52-storey block and two 40-storey blocks. The 52-storey block is set to be one of the tallest residential skyscrapers in Penang upon completion. There are three types of units available: Type A, Type B, and Type C. Type A offers two bedrooms and two bathrooms with a built-up size of 630 square feet, starting at RM 438,000. Type B includes three bedrooms and two bathrooms with a built-up size of 753 square feet, starting at RM 490,000. Type C features three bedrooms and two bathrooms with a larger built-up size of 836 square feet and a starting price of RM 513,000. The development will house a total of 802 units, making it a high-density residential project.
Cosmopolitan Homes has developed several other notable projects including Ardmore Residence, Parklane Residence, Parklane Residence Deluxe, and The Junction Commercial Centre. Other nearby developments in the Jelutong area include Skyview Residence, Central Park, Summer Place, The Spring, and Symphony Park.
Urban Suites, Penang is surrounded by a diverse range of nearby properties that offer great opportunities for both buyers and renters. For those interested in purchasing property in Jelutong, you can explore various listings on Property Genie here. Similarly, if you are looking for rental options, you can find available properties here. Additionally, there are numerous ongoing and upcoming projects in Jelutong that you can check out here.
Jelutong is a vibrant and well-connected area in Penang, known for its strategic location and abundance of amenities. The real estate market in this region has shown consistent growth, making it an attractive option for investors and homebuyers alike. Properties here are well-suited for families, young professionals, and retirees, offering a mix of residential options that cater to various needs and preferences. With Urban Suites, Penang at the center, residents can enjoy easy access to schools, hospitals, shopping centers, and recreational facilities, all within a short distance.
Cosmopolitan Homes, the developer behind Urban Suites, Penang, has a strong portfolio of successful projects across Malaysia. These projects reflect the company's commitment to quality and innovative design, providing residents with modern, comfortable living spaces. Some of the notable projects by Cosmopolitan Homes include:
Each of these projects showcases the developer’s expertise in creating residential spaces that blend modern amenities with sustainable living practices. Whether you are looking for a high-rise apartment, a cozy home in a serene neighborhood, or a commercial space in a bustling area, Cosmopolitan Homes has a variety of options to explore.
Investing in Urban Suites, Penang offers a promising opportunity given the ongoing trends in Malaysia’s real estate market. The median price for properties in Penang is currently RM 380,000, reflecting a stable and appreciating market. Detailed transaction statistics can be reviewed here.
The Penang property market has seen consistent growth over the years, driven by robust demand and a strong economic backdrop. Key factors contributing to this positive trend include the state's strategic location, well-developed infrastructure, and vibrant tourism sector. Urban Suites, Penang, being a new and modern development, aligns well with the market's demand for high-quality residential units. The project's emphasis on sustainable living and state-of-the-art facilities makes it an attractive choice for investors looking for long-term value.
Past transactions indicate a healthy turnover of properties in Jelutong, with many buyers attracted to the area's blend of urban convenience and residential tranquility. The proximity to key landmarks, educational institutions, and healthcare facilities further enhances its appeal. As an investor, the steady appreciation in property values coupled with strong rental demand in the area makes Urban Suites, Penang a lucrative investment opportunity.
If you are interested for more property for sale in Malaysia, or property for rent in Malaysia, do not hesitate to visit our website as we provide you ease of search throughout your real estate journey. Read our insider guides that offer valuable and insightful information that can help you in learning more about property in Malaysia!
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