Site Update - Merione Residence by IJM Berhad
new development

Site Update - Merione Residence by IJM Berhad

ChuahChuahยทยท2 min read

The project is a low-density, 39-storey mixed-use tower on a 1.88-acre parcel, divided into Merione Residence (residential) and Merione Grand (commercial).

Project Overview

* Developer: IJM Land

* Location: THE LIGHT Waterfront Penang (adjacent to the Tun Dr Lim Chong Eu Expressway)

* Land Area: 1.88 acres

* Development Type: Integrated Mixed-Use (Transit-Oriented)

Merione Residence (Residential Component)

Occupying the upper half of the tower, the residential section focuses on low-density, premium waterfront living.

* Levels: 11 to 39

* Total Units: 145 semi-furnished condominiums

* Built-up Sizes: 1,055 sq ft, 1,195 sq ft, and 1,206 sq ft

* Parking: 2 to 3 parking bays per unit

* Estimated Pricing: Approximately RM1,350 per sq ft

Merione Grand (Commercial Component)

The lower levels integrate workspaces, retail, and business suites designed for a seamless work-life balance.

* Retail Shops (Levels 1 & 2): 32 units ranging from 344 to 2,282 sq ft. These are retained by the developer for recurring income.

* Shops & Offices (Levels 3 to 6): 72 units (872 to 1,539 sq ft). These feature single-loaded layouts, main road frontage, and attached washrooms. Estimated at RM930 per sq ft.

* Business Suites (Levels 7 to 9): 93 dual-key suites (635 to 1,916 sq ft) featuring private balconies with panoramic city or waterfront views. Estimated at RM1,090 per sq ft.

Facilities & Amenities

The dedicated lifestyle and facilities podium is located on Level 10 and includes:

* Infinity pool and Jacuzzi

* Pickleball court

* Pet-friendly playground

* Co-working space

* Community hall, games room, and barbecue area

Key Connectivity & Features

* Transit-Adjacent: Linked directly to the upcoming Penang Waterfront LRT Station (on the Mutiara LRT line).

* Covered Access: Features a direct, covered elevated walkway to the Penang Waterfront Convention Centre (PWCC), The Waterfront Shoppes, and nearby hotels.

* Future-Ready: Built with EV charging infrastructure ready.

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