Asia Green QuayWest Penang

KUALA LUMPUR (Oct 17): From its beginnings in plywood production and manufacturing, Penang developer Asia Green Group has become a diversified business entity with a fast-growing property development business.  

The group will launch its upcoming QuayWest Residence, a mixed-use development project with a gross development value of RM600 million, early next year.

Located just five minutes from Queensbay Mall at Persiaran Bayan Indah, QuayWest Residence will sit on 7.4 acres of commercial land with a sea frontage and a view of the 362ha Pulau Jerejak.

The development will have 1,235 freehold condominiums in two 24-storey towers, offering various unit types ranging from typical units and SoHos to duplexes and dual key units. There will also be some 253 affordable SoHo units available for first-time homebuyers.

Creative director Tan Li Mei, who is one of group managing director Tan Boon Huat’s daughters, talks to City & Country about the upcoming development and shares her ambitions for Asia Green.

“I am trying my best to bring out Asia Green Group in Penang, or at least rebrand ourselves and slowly venture beyond Penang,” she says.

From mostly boutique developments, she says the company is now ready to bring bigger developments to Penang with several projects in planning stages.

Click here to check out condos in Penang.

Read the full story in the Oct 19 issue of City&Country, the property pullout of The Edge Malaysia. Subscribe here for your personal copy.

  1. Scandinavian IBS embarks on RM500 mil Penang expansion over 5 years
  2. Iconic Worldwide to buy property investment firm for RM39.8m
  3. Aspen sells two units in Beacon Executive Suites for RM1.3 mil in IPT