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Mansion One, Georgetown

Mansion One which was formerly named as Northam Tower located off Gurney Drive comprises of hotel rooms and suites. Magna Putih is responsible in upgrading and refurbishing the luxurious block and it is expected to be completed in the middle of 2014. Also, the residence is the first property in Penang managed by Premier Class Hotel Chain Operator.

Mansion One offers an uninterrupted views of the sea or the city. With built up ranging from a humble 568 sf to as spacious as 1,406 sf, one gets to choose a unit of one, two or three bedrooms furnished in a total of 336 units housed inside the high rise one block property. The serviced residence is elevated to as high as 31 storeys with elevator system that connects each level.

Mansion One stands in the middle of the Millionaire’s Boulevard where the rich and famous resided at a part of Penang island. It is because the property is surrounded with 5-star hotels with luxurious and fine dining, restaurants and local facilities. To add the building into a class of its own, the property is equipped with exclusive facilities for the enjoyment of its residents.

Facilities at Mansion One include aerobic pool, basement car park, business center café, club house fitness corner, swimming pool, function room, game room, gymnasium, jacuzzi, multi-purpose hall, leisure park, salon, sauna, and reflexology path. The safety of the building and its residents is secured with security system that works around the clock.

Mansion One lets the residents indulge in the lifestyle of living within city conveniences. It is situated right beside to the high-class Gleneagles Medical Center. Schools nearby to the property include Union Primary School, Westlands Secondary School, Wellesley Primary School, Pykett Methodist School and Methodist Girl’s Secondary School.

The building is also near to food and beverages outlets, cafes, banks, petrol stations, churches, clinics and shop lots. Other than that, New World Park, Loh Guan Lye Specialist Centre, Hospital Pulau Pinang, Penang Plaza, Gurney Drive, Chowrasta Market, Komtar, Prangin Mall and 1st Avenue Mall are in close proximity to the luxuriously upgraded residence.

Property Details

  • Name: Mansion One
  • Address: Jalan Sultan Ahmad Shah, Georgetown, Penang
  • Developer: Magna Putih
  • Completion Date: Mid 2014 (estimate)
  • Type: Serviced residence
  • Tenure: Freehold
  • No. of Blocks: 1
  • No. of Storey: 31
  • No. of Units: 336
  • No. of Bedrooms: 1, 2 & 3
  • Built-up: 568 sf – 1,406 sf
  • Maintenance Fee: RM0.20 psf
  • Launch Price: RM435,000 – RM1,250,000
  • Subsale Price: RM600,000 - RM1,302,000

Layouts

  • 1 Room Designer Suite: 146 units (568 sf – 658 sf)
  • 2 Room Executive Suite: 132 units (758 sf – 1003 sf)
  • 3 Room Executive Suite: 42 units (1,313 sf – 1,406 sf)

Facilities

  • Sky infinity pool
  • Sky spa & bar
  • Sky gymnasium
  • Children playground
  • Putting green
  • Wellness corner
  • Multi-purpose hall
  • Leisure park

Analysis

Previously, Northam Tower housed a number of office lots which is now experience upgrades into hotel rooms and luxurious suites by the developer Magna Putih. The developer which was established earlier 2013 had incorporated Magna Putih and Mansion Properties Sdn Bhd, the company which developed D’Mansion located off Jalan Bukit Dumbar, Penang.

Mansion One is excellently located at the cross roads of Gurney Drive, Jalan Kelawi, Jalan Pangkor and Jalan Sultan Ahmad Shah where the popular tourist spot, Gurney Drive takes about 15-minute walk from the serviced residence. Also, only 2 to 3-minute drive needed to reach the capital city of the island, Georgetown or the iconic Komtar. Traffic congestion is expected at Gurney Drive as the place is full with both tourist and Penangites at any time of the day. However, one should not miss the lively Gurney Drive despite the traffic.

Other properties that can be found around the high-class property are No 1 Persiaran Gurney Condominium, Gurney Beach Resort Condominium, Suria Apartment, Sri Perdana Condominium, Sri Pangkor Condominium and Well Court Apartment. Other landmarks that can be found nearby to Mansion One are Wawasan Open University Main Campus which stands next to Istana Kedah, Sri Pangkor, Long Say Building, Malaysian Buddhist Association and the junction that connects Jalan Sultan Ahmad Shah, Jalan Kelawi, Jalan Pangkor and Gurney Drive.

According to Terrence Lim, the director of Magna Putih as stated in The Edge, investment of properties in Penang can be called ‘evergreen’, although it is one of the property hotspots in Malaysia besides Kuala Lumpur and Johor, as the prices of properties in Penang is never dropping. The price could stay stagnant for more than a year but never drop due to the fact that most buyers in the land of Penang are Penangites themselves. Therefore, it is possible for one to own a spacious enclave in the middle of city amenities at reasonable and affordable price in Penang compared to Kuala Lumpur.

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