Ideal Property to unveil condo at Ideal Vision Park Jun 6, 2013 - By Farah Wahida: Tree Sparina, a RM350million freehold high-rise condo project in Bayan Lepas is set for its launch next month. Developed by Penang-based Ideal Property Group, the condo is the first phase of its 10ha Ideal Vision Park mixed development. This early, the residential phase has already received positive response with about 1,000 registrations in a month, said Datuk Alex Ooi, Founder and Executive Chairman at Ideal Property. “The Tree Sparina would be launched next month while the garden and bicycle park are likely to be completed in December this year,” he added. The 548-unit project will integrate green and spa features that are based from a concept by Cittaslow movement, which promotes slow city living. Construction work for the first phase is set to be completed in three years, while four more years are needed to complete the entire Ideal Vision Park project, said Ooi. With a gross development value of RM2 billion, the entire project comprises commercial and trade areas, residential units and recreation facilities. Ideal Vision Park will feature around 1,945 condo units, making it the biggest project providing affordable houses for Penangites. Notably, prices for the units will start from RM400,000 to RM700,000, while sizes will range between 800 sq ft and 1,650 sq ft. Aside from the residential component, Ideal Vision Park will also offer 500,000 sq ft of commercial space, including three blocks of office towers and 195 shop lot units.
Posted on: Thu, 06 Jun 2013 08:20:18 +0000
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