With Georgetown’s rapid growth and main attraction as a tourist destination, it is no surprise that both seasoned and new developers are drawn to the site. One of the small players aspiring to establish its presence in the island of Penang is Appresquare Sdn Bhd. It is a less known name in property development who hopes to amp up its lacklustre reputation with developments such as Residence 21. The freehold condominium project was completed in 2012 neighbouring Arratoon Court, Mayfair Condominium and Birch Plaza Times Square.
Bungalow in the Sky
Rising as a 28-storey one-block condominium, Residence 21 has only 25 limited units boasting ultra spacious areas. Built-up size measures 5,500 sq.ft. featuring 4+1 bedrooms and 6 bathrooms. Privacy and exclusivity are primal aspects of the project with only 1 unit per floor. There are no neighbours to deal with and no interruptions to one’s peace at your bungalow in the sky. For a chance to a lifestyle such as this, expect a minimum investment of RM2.83 million to RM3.55 million.
At first glance, the price tag is steep and too much. But if its genuine privacy you’re looking for in a thriving town like Georgetown, you need a set-up just like that of Residence 21. Just the same, it’s always wise to double check on the property’s fair market value which you can accomplish using our free valuation guide.
[customx name=”Residence 21″ rating=”4.3″ best=”5″ worst=”1″ pricerange=”$$$$$” count=”4604″]
Special Features & Topnotch Facilities
Designed for the privileged few, Residence 21 did not hold back when it comes to special features and cutting edge facilities. Each unit, for instance, boasts of five balconies overlooking an enthralling view of the island’s skyline. That’s one for every room and in the living area creating a conducive atmosphere for one’s home. Other perks include 4 covered parking lots and exclusive voice of condo facilities which include:
> infinity pool
> barbecue area
> reflexology path
> community hall
Finally, keeping the luxury condominium safe and secure is the round the clock security together with card access system.
Smacked Amidst Modern Conveniences
Situated along Jalan Macalister in bustling Georgetown, Residence 21 is pleasantly nestled amidst an abundance of amenities. A short walk or drive away are numerous options of restaurants, cafes, food joints and other establishments. Shopping is covered with a number of shopping complexes nearby including Prangin and 1st Avenue Malls.
For residents with children, there are ample schools in the vicinity. Some of the nearest options are Union Primary School, KDU College Penang, SMK Methodist and Westland’s Secondary School. Medically, residents can head over to Hospital Pulau Pinang and as for recreation, there’s always the New World Park and Penang Turf Club.
With great location comes excellent connectivity. Lucky for Residence 21, it is well linked to other key destinations by a network of major roads. Jalan Macalister is a prime example allowing residents to travel in and out of the site in a breeze. Other routes include Jalan Dato Keramat, Perak and a major expressway – Tun Dr. Lim Chong Eu.
Our Two Cents Worth
If only for its promise of privacy and superb location, Residence 21 is on a league of its own. With its ultra spacious and meticulously designed units, the condominium has given a new dimension to exclusive modern living in Georgetown. It is enticingly attractive for its launch price tag of RM2.75 million onwards. Yes, it is a steep price to pay for privacy and comfort, but those who value it more than anything are sure to see the condominium’s appeal.
There’s just one drawback though. Given its developer’s lack of buzz and a solid track record, some investors may think twice. On one hand, if you wish to know more, you can always grab our free ebook guide below to gauge the property’s fair market value.