Current superstar in property sector Eco World has officially landed in Penang. It has bought 60 acres of land in Simpang Ampat at price of above RM30psf.
Sixty acres of land is not too big, but it can be built into a small township. IJM Land's at Jawi measures 70 acres, while Tambun Indah's has over 450 acres remaining in its Pearl City township.
The location of Eco World's land should be near the junction of Jalan Paboi & main federal road. You can see the oil palm land from North-South highway which is between the Penang 2nd bridge exit & Tambun toll exit. It is close to Taman Merak and is just less than 5 min drive to Tambun toll.
Already fenced up - from PLUS highway
Eco World will probably develop this land to become a luxury gated and guarded community, with of course, luxury price tag. We will likely witness a double storey terrace house of more than RM500k soon in Simpang Ampat area.
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