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Pine Sanctuary - up coming project

PINE SANCTUARY PROPOSAL

The epitome of modern sky live, Pine Sanctuary, which will be developed by Geo Valley Sdn Bhd, poised to be the next exciting “one stop centre” landmark development in Paya Terubong, Penang.

Pine Sanctuary is a mixed development that blends both residential and commercial projects which comprises three blocks of high rise condominiums and one block of affordable housing. This development offers a wide range of facilities for the convenience and comforts of its residence, sitting above three storey of commercial floors with ample parking bays.

With view of Penang’s tourism attraction--Kek Lok Si Temple and vast greenery in the distant, the modern and contemporary designed storey condominiums will certainly attract even the most discerning residents while the affordable housing will be good news to the medium income families to enjoy this modern development with facilities. The location of Pine Sanctuary will definitely be an added advantage to the residents. It is conveniently and strategically located in Paya Terubong, Penang, with easy access to amenities, food and beverage outlets, retail shops within Pine Sanctuary, local and international schools/colleges, banks, clinics and hospitals, fulfilling all your everyday requirements effortlessly. Not too far is the well known Chung Ling High School, famous Kek Lok Si Temple, the Penang International Airport and the Bayan Lepas industrial zone. Besides that, Pine Sanctuary will soon have a new paired road in front which will connect Jalan Bukit Kukus where Pine Sanctuary is situated, all the way to Jalan Bukit Jambul, Penang.

Conceptualized as a residential cum commercial project, the conveniences in living will more than just ideally fit the residents’ needs. It will allow residents to start a new phase in life and enjoy vibrant urban lifestyle right at the Pine Sanctuary- that will be convenient, relaxing, exciting and fulfilling, starting from the practical layouts to the contemporary designs and access to modern shops downstairs to spectacular range of resort-living facilities such as breathtaking infinity swimming pool, gymnasium, sauna and spa, courts for badminton and tennis, garden and landscape paths, manicured lawn, BBQ and private function facilities.

It will be equipped with the three-tier security system which includes CCTV surveillance in common area, round-the-clock security guards and access control at the entry and exit points. This will allow residents to have peace of mind while enjoying the communal facilities without worrying about their safety, especially young children.

Furthermore, the three levels of commercial floors will feature as a street mall with retail shops, alfresco cafes, bars, restaurants, fitness and education centers, and variety convenience stores. This will effectively create a place where people can shop, work and relax.

Our company will develop a high rise block of affordable housing to meet the needs of the young working citizens and their families. The built-up area of the affordable housing units will be approximately 850 square feet per unit. Each unit will have three bedrooms, two bathrooms, a living room and a kitchen.

It is conceived in line with the State Government’s initiatives for developers to build more affordable housing accommodation for the deserving Penang folks.

There are certain conditions and requirements set by the State Government for purchase of affordable housing projects. Please refer below for the requirements and conditions:-

1. You must be a Malaysia citizen

2. You must be a registered voter in Penang and met one of the following criteria:

   i. Penang - born working in Penang. 

   ii. Residing in Penang for at least 5 years from the date of application

3. Aged 21 years and above as at the date of application.

4. Total household (husband and wife) income not exceeding RM10,000 per month.

Refer to the table below for the threshold for different categories:

Housing Type Price Range Total Monthly Household Income Limit
Affordable Housing RM300,001 - RM400,000 RM10,000
Affordable Housing RM200,001 - RM300,000 RM8,000
Affordable Housing RM200,000 and below RM6,000
Low Medium Cost RM72,500 and below RM3,500
Low Cost RM42,000 and below RM2,500

5. For Low Cost/Low Medium Cost applications, the applicant and spouse must not own any property in any state in Malaysia

6. For Affordable Housing applications, the applicant and spouse must not own any property in any state in Malaysia except Low Cost homes.

Interested parties are advised to inquire with the Developer or the State Government if they require any further information on the requirements to purchase an affordable home. When the project is officially launched, the developer can also assist the purchasers to submit their duly completed application forms to the State Government for the purchase of the affordable homes units in the Pine Sanctuary.

Kindly contact us for further information and details pertaining to this project or any other projects of interest being developed by us:

Geo Valley Sdn Bhd
No. 1077, Jalan Paya Terubong,
Paya Terubong, 11500 Penang.
Tel : 604 – 827 8566 / Fax : 604 – 827 8731

* The above proposed development is subject to change.

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ON GOING PROJECTS
UP COMING PROJECTS
Pine Sanctuary
COMPLETED PROJECTS
Taman Lone Pine
Puncak Terubong
One Tanjong
Taman Seri Rambai
Pine Valley Business Centre
Rambai Terrace
Pine Residence