CH Property

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Vacant F&B lots in Komtar Walk up for rental Prospective tenants looking for a place to rent to operate businesses can consider Komtar Walk as three food and beverages (F&B) lots are available for rental. Penang Development Corporation (PDC) chief executive officer Aziz Bakar revealed that four out of the seven F&B lots have been sn

𝐏𝐞𝐨𝐩𝐥𝐞 𝐠𝐨 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐫𝐞𝐜𝐫𝐞𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐟𝐚𝐜𝐢𝐥𝐢𝐭𝐢𝐞𝐬 𝐰𝐡𝐞𝐧 𝐛𝐮𝐲𝐢𝐧𝐠 𝐡𝐨𝐦𝐞𝐬 𝐧𝐨𝐰

Buyers are going for more recreational facilities to be included in their housing projects.

“Environment and lifestyle now play a big part in their decision-making process.

“Gone are the days when home owners only want a roof over their heads,” said Malaysian Institute of Estate Agents president Chan Ai Cheng.

The top three facilities buyers would look for are a swimming pool, well-equipped gymnasium and games court, according to Chan.

In a gated and guarded community, buyers also want security, walk paths and cycling tracks, and extensive landscaping for that “resort feel”, she said.

Within a high-rise development, extensive facilities including rooftop gardens, car parks, impressive entrance statements and lift lobbies are much sought after.

To impress buyers, developers are building new and improved facilities.

“Developers are setting a new standard in terms of the number of facilities within a development.

“They are the key in attracting would-be home owners and as such, developers would go all out to impress buyers,” she said.

However, Chan said recreational facilities may not be enough, especially for teenagers who need more space for games and sports.

In the city, there is an issue of space due to high land cost, she said.

“This is where games centres could come into play.

“The centres could house tennis or badminton courts, swimming pools and other activities under one roof,” said Chan.

Real Estate and Housing Developers’ Association Malaysia (Rehda) acting president Datuk NK Tong said: “There is a trade-off between providing more facilities and making homes more affordable.”

Tong said the amenities have maintenance costs as well.

“We don’t want to put in something that is too expensive to maintain,” said Tong, adding that open green spaces have remained a popular requirement among homebuyers.

“Trends are changing all the time but for young families, open parks are still very popular,” he said.

For landed development, developers are required by the authorities to provide parks but there are also developers of bigger townships that go the extra mile by offering extra facilities, he said.

Source: TheStar.com.my

𝐆𝐮𝐫𝐧𝐞𝐲 𝐖𝐚𝐥𝐤 𝐏𝐞𝐧𝐚𝐧𝐠 𝐢𝐬 𝐧𝐨𝐰 𝐨𝐩𝐞𝐧𝐞𝐝

Located along Penang’s famed Gurney Drive, this all-new landmark opens its doors to the public yesterday.

Gurney Walk has a vibrant mix of tenants including international brands such as The Coffee Bean & Tea Leaf and Subway, as well as local, home-grown names such as Yin Sourdough, Four Spoons, Cueva and Urban Republic, some of which are making their debut in Penang.

Additionally, an entire floor within Gurney Walk will be dedicated to wellness, anchored by the 3,500 sq-feet Areoma Boutique Spa. Visitors can also look forward to other wellness offerings, F&B outlets, hair and nail salons, local artisanal offerings and a plethora of pop-up stores slated to open in the near future.

Connected to Ascott Gurney Hotel, Gurney Walk also expects crossovers from the hotel’s guests with a number of cross-promotional activities in the pipeline.

Gurney Walk will also curate and feature art exhibitions and workshops, amidst other planned offerings and community-centric events.

Gurney Walk is situated in the heart of Gurney Drive, a stretch synonymous with street food and hawker centres, with hotels, condominiums and office buildings. The area serves as a pit stop between Penang International Airport and Batu Ferringhi beach, and is in close proximity to affluent suburbs of Pulau Tikus and Tanjung Bungah.

Source: TheVibes.com