Ideal United Bintang International Bhd (IUBIB) has completed whole phase of I-Santorini affordable home project in Penang Island.
Sited on a 9.98 acre piece of land in Seri Tanjung Pinang, I-Santorini consists of 2,155 units housed in 3 blocks of high-rise condominiums at Tanjung Pinang, offers a great convenience to residents with it is close proximity to Tesco Seri Tanjung Pinang and Straits Quay Marina Mall.
Carrying gross development value of RM914 million, the award-winning community-oriented project, is Penang’s first features Greek island’s architectural and landscaping elements which is the second affordable home project by IUBIB on Penang Island.
Launched in 2015, I-Santorini recorded a take-up rate of about 96%. All units have a standard built-up area of 850ft in practical design to configure a 3 bedrooms and 2 bathrooms layout, yet affordably priced at only RM300,000 and above.
Awarded the ‘Best Mass Market Development (Condo)’ category at Property Guru Asia Property Awards (Malaysia) 2019, I-Santorini was recognised for its modern designed units, strategy location, leisure needs as well as the affordable price. This accomplishment for I-Santorini is an addition recognition to that of two other awards obtained namely Asia Pacific Property Award 2016-2017 and StarProperty.my Awards 2017, where the project was granted with “5-Star High Rise Residential Development” and the “Best Starter Home in Malaysia” respectively.