THERE are many factors to consider when choosing a place to live, but one key facet that has stood the test of time is always location.
When you go house-hunting it is important for you to consider the surroundings of the neighbourhood as it may have an impact on quality of life.
Many real estate experts go on about the importance of the saying location, location, location – as a well-placed home will offer an array of amenities, good accessibility as well as appreciation in price among others.
But as most sought-after locations are snatched up, making subsale values skyrocket, the key to owning prime location homes lay in finding an up-and-coming neighbourhood before it becomes popular.
Property developer Eastern & Oriental Bhd (E&O) is kickstarting a budding prime location in Penang with a high-rise residential development called The Meg.
Spanning across four acres, these freehold commercial units sit on the highly-anticipated reclaimed island of Seri Tanjung Pinang Phase 2A master plan development known as Andaman Island.
Part of an up-and-coming address that is synonymous with trendy living in Penang Island, the units are surrounded by amenities, a bustling nightlife and an array of delicious food along the seafront promenade.
Residents will also enjoy easy accessibility and proximity to Gurney Bridge as well as the game-changing Gurney Wharf.
Aside from its stellar location, The Meg also embraces the fluidity of modern living with communal working, dining, and living concepts – said to be the first of its kind in a residential project in Penang.
The common rooms on the top floor of each tower include a residents lounge, open kitchen for residents to host guests, a sensible layout for work from home days and a multi-use social space as well as a multi-purpose hall, function room, changing room and a roof terrace.
With an estimated gross development value of RM650mil, the service apartments comprise 1,020 residential units with innovative layouts designed to suit young executives and new families.
The Meg stands tall with two towers – Tower A at 27-storeys and Tower B at 34-storeys – and is anchored by four pillars, shouldered by a carefully curated masterplan, seamless connectivity, sustainability and a balanced lifestyle.
The craftsmanship of these well-designed serviced apartment units range in size from 567sqft to 897sqft and are fully furnished for residents to easily move in.
What’s more, residents will enjoy an array of activities on the facilities deck which include a swimming and kids pool, jacuzzi, pool deck, BBQ pit, skynet and a playground.
That’s not all. Take your pick from the 450m jogging track, canopy walk or activity lawn to get in your daily steps.
Synonymous with sustainable living, the facilities deck also comes with a slew of green spaces such as a dry garden, herbs, tropical and linear garden with an adjacent garden shed.
The Meg also includes electric vehicle (EV) charging stations for communal uses as well as bicycle racks and car washing bays for the do-it-yourself homebodies.
For more information, visit http://www.easternandoriental.com/themeg/.