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News Penang Gurney Bay Phase One is 85% completed, New place to visit soon in penang.

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Zot
post Aug 17 2023, 09:24 AM

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QUOTE(ycs @ Aug 17 2023, 09:00 AM)
Soon Penang will be like little Singapore
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Has to create man-made jungle in city biggrin.gif
JimbeamofNRT
post Aug 17 2023, 09:24 AM

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QUOTE(red_satu @ Aug 17 2023, 08:51 AM)
Enough parking or not? Gurney without this already jam, add this it'll end up like the Esplanade crawl as people hunt for parking.
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GG parking

as usual

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SUSAmeiN
post Aug 17 2023, 09:26 AM

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QUOTE(fantasy1989 @ Aug 17 2023, 09:03 AM)
eventually will become another place like Q1 residences and QB

all cars park at roadside and jam 9 whole road

if no keep halau ..will have jagung,sirap,ayam goreng park there and sell
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tak penang la kalau tak parking tepi jalan. biggrin.gif
JimbeamofNRT
post Aug 17 2023, 09:26 AM

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QUOTE(DarkNite @ Aug 17 2023, 09:08 AM)
Mana ada cukup parking!!
Weekends Mall parking already full!

Just to come oso will jam kaw kaw!
All access roads gonna be gridlock!

Think 1st few days, they will ask ppl to grab or using public transport.
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this one dont have already kah?

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IamBlind
post Aug 17 2023, 09:26 AM

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Pinang not for human and cars go one.
myasiahobby
post Aug 17 2023, 09:27 AM

On my way
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JimbeamofNRT
post Aug 17 2023, 09:28 AM

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QUOTE(bumfart @ Aug 17 2023, 09:06 AM)
i see penang has green spaces and parks for people to enjoy. unlike KL, which is totally ruined by DBKL.
soon KL will become like jakarta
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kl got plenty of parks actually, lake garden, Perdana Botanical Garden, etc

+ river of life and all that
DarkNite
post Aug 17 2023, 09:30 AM

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QUOTE(JimbeamofNRT @ Aug 17 2023, 09:26 AM)
this one dont have already kah?

user posted image
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Have but not enough.
On weekends morning all taken especially at Kapal Singh Drive and Queesbay area!
oe_kintaro
post Aug 17 2023, 09:32 AM

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QUOTE(Ashadiya @ Aug 17 2023, 09:08 AM)
After next two GE, the land should had been stabilise and solid foundation for condos to be built 😁
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No need this small piece of land la. Nearby got a big piece already, already have new properties built on it. Part of the package deal to reclaim the whole stretch iirc.
arif85124
post Aug 17 2023, 09:32 AM

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QUOTE(Ashadiya @ Aug 17 2023, 09:08 AM)
After next two GE, the land should had been stabilise and solid foundation for condos to be built 😁
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current one sell as waterfront property
then reclaim, oso sell as waterfront property

repeat
JimbeamofNRT
post Aug 17 2023, 09:36 AM

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QUOTE(DarkNite @ Aug 17 2023, 09:30 AM)
Have but not enough.
On weekends morning all taken especially at Kapal Singh Drive and Queesbay area!
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great to hear that!
cloudwan0
post Aug 17 2023, 09:41 AM

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QUOTE(red_satu @ Aug 17 2023, 08:51 AM)
Enough parking or not? Gurney without this already jam, add this it'll end up like the Esplanade crawl as people hunt for parking.
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that area where got enough parking, jam every single day...
bill11
post Aug 17 2023, 09:48 AM

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QUOTE(bumfart @ Aug 17 2023, 09:06 AM)
i see penang has green spaces and parks for people to enjoy. unlike KL, which is totally ruined by DBKL.
soon KL will become like jakarta
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The lousiest city council ever = DBKL.
SUSAzurues
post Aug 17 2023, 09:49 AM

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QUOTE(red_satu @ Aug 17 2023, 09:00 AM)
I'm gonna end up parking at Paragon or Plaza and just walk. Not enough patience to find parking.
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Park at gurney walk

Nearer abit
red_satu
post Aug 17 2023, 09:50 AM

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QUOTE(cloudwan0 @ Aug 17 2023, 09:41 AM)
that area where got enough parking, jam every single day...
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Ironically jam because people are hunting for roadside parking and willing to hold up traffic for 5 minutes just to wait for some parked car to leave.

Esplande got a paid parking near to the jetty that I end up always using. Cheap and usually have enough spot. Hopefully they reserved something similar for Gurney Bay, as Paragon and Plaza gets full fast
DarkNite
post Aug 17 2023, 09:50 AM

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QUOTE(Ashadiya @ Aug 17 2023, 09:08 AM)
After next two GE, the land should had been stabilise and solid foundation for condos to be built 😁
*
I dun think so.
Currently on the island there is a overhang of 2,000 units with another 4,000 units going to get CCC.
It will take another 15-20 years to clear.
From what I know, those developers whose project are on-going will not start new project but are starting to accumulate land banks.
Those that want to start already put on the brake or change their development concept & also will assess the uptake rate for the 6k plus units.
The days of flipping is very limited, so too is homestay or AirBnB.
red_satu
post Aug 17 2023, 09:56 AM

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QUOTE(Azurues @ Aug 17 2023, 09:49 AM)
Park at gurney walk

Nearer abit
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Haven't gone there yet, but I'll keep that in mind I guess. Thanks.
oe_kintaro
post Aug 17 2023, 09:56 AM

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QUOTE(DarkNite @ Aug 17 2023, 09:50 AM)
I dun think so.
Currently on the island there is a overhang of 2,000 units with another 4,000 units going to get CCC.
It will take another 15-20 years to clear.
From what I know, those developers whose project are on-going will not start new project but are starting to accumulate land banks.
Those that want to start already put on the brake or change their development concept & also will assess the uptake rate for the 6k plus units.
The days of flipping is very limited, so too is homestay or AirBnB.
*
Serious investors need to consider the long term strategic growth drivers. Prices and yield growth will continue to be below par IMHO but good locations and quality projects will still have long term prospects. Depends on holding power.
SUSMr Mercedes
post Aug 17 2023, 10:19 AM

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New project? Is this like those Straits Quay/ Q1 style with moar atas restaurants, or will they make it more B40 friendly like Esplanade?
cloudwan0
post Aug 17 2023, 10:32 AM

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QUOTE(red_satu @ Aug 17 2023, 09:50 AM)
Ironically jam because people are hunting for roadside parking and willing to hold up traffic for 5 minutes just to wait for some parked car to leave.

Esplande got a paid parking near to the jetty that I end up always using. Cheap and usually have enough spot. Hopefully they reserved something similar for Gurney Bay, as Paragon and Plaza gets full fast
*
msian usually want near and free parking...
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