The Promenade in Bandar Bayan Baru, Bayan Lepas, Penang, is a prominent mixed development that includes both commercial shop offices and residential suites.
Here's a detailed description of the 2 & 4-storey shop offices:
General Characteristics:
- Location: Strategically situated along Persiaran Mahsuri, a main road in Bandar Bayan Baru. This provides high visibility and excellent exposure, making it a hotspot for businesses. It's located in a very dense residential and commercial area, ensuring good foot traffic.
- Developer: Developed by Lion Group.
- Property Type: Mixed Development comprising retail shops (The Promenade) and designer suites (The Promenade Residence).
- Total Commercial Units: There are 37 units of commercial lots in total.
- Tenure: While some listings indicate leasehold, it's worth noting that some sources mention freehold for certain units. It's advisable to verify the tenure for specific units of interest.
- Modern Design: The shop offices generally feature a modern design and concept.
2-Storey Shop Offices:
- Number of Units: There are 17 units of 2-storey shop lots (specifically, Lots 20-36).
- Built-up Area: Common built-up sizes observed include around 2,701 sq. ft. to 3,085 sq. ft.
- Land Area: Land areas can be around 1,200 sq. ft.
- Features: These are typically well-suited for a variety of businesses, offering good space for both retail on the ground floor and office/storage on the upper floor.
4-Storey Shop Offices:
- Number of Units: There are 13 units of 4-storey shop lots (specifically, Lots 2-14).
- Built-up Area: Significantly larger, with built-up areas observed around 6,300 sq. ft.
- Land Area: Land areas can be around 1,600 sq. ft.
- Key Feature: A notable feature of the 4-storey shop offices is that many come with a private lift attached, which is a significant advantage for multi-level businesses, accessibility, and convenience.
- Visibility: Units facing the main Persiaran Mahsuri road offer maximum exposure.
- Investment Potential: Given their size, strategic location, and amenities like private lifts, these units are often highlighted for their good return on investment (ROI) and are suitable for larger businesses or multiple tenants.
Layout and Design Considerations:
- Flexibility: The various floor sizes and layouts across the 2-storey and 4-storey units allow for a diverse range of businesses, from retail and F&B to professional offices.
- Access: Both staircase and lift access (especially for 4-storey units) are available.
- Infrastructure: Units are typically internet-enabled with high-speed broadband cabling.
Surrounding Amenities and Accessibility:
The Promenade benefits from its prime location in Bandar Bayan Baru, a vibrant and well-established township. This ensures excellent connectivity and access to a wide array of amenities, including:
- Shopping & Retail: D'Piazza Mall, Giant Hypermarket Bayan Baru, Sunshine Square. Close proximity to other commercial hubs like Arena Curve and Elit Avenue.
- Hotels: Hotel Seri Malaysia, Olive Tree Hotel.
- Medical Facilities: Pantai Hospital.
- Education: Nearby schools include SJKC Kwang Hwa and Fairview International School.
- Recreational: Close to SPICE (Penang International Sports Arena).
- Connectivity: Easily accessible via Jalan Mayang Pasir and Jalan Mahsuri. The area is well-serviced by Rapid Penang buses and taxis. It's also relatively close to the Penang International Airport (approximately 6.5 km).
- Industrial Hubs: Proximity to the Free Trade Zone (FTZ) makes it attractive for businesses catering to the industrial sector.
In summary, the 2 & 4-storey shop offices at The Promenade offer a prime commercial opportunity in a highly sought-after location in Bayan Baru, Penang, catering to a range of business needs with their varying sizes, modern design, and excellent accessibility and amenities.