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Aspen Group’s Tri Pinnacle in Tanjung Tokong, Penang. Pix from Aspen Group website

GEORGE TOWN: Aspen Group, the award-winning and forward-looking property developer and service provider, is the first property developer to take up the call by Finance Minister to reduce its property prices.

The construction costs are expected to reduce to certain degree taking into consideration on various stages of construction after the announcement by Finance Minister Lim Guan Eng to exempt SST on basic construction materials.

Keeping this in mind, Aspen Group has taken a step ahead by further reducing its property prices through the carefully crafted new My Aspen Xtraordinary Deals (MAXD).

MAXD Sale Campaign, which starts from now onwards, features upgraded specifications, discounts, financial assistances and freebies. Only limited unsold units from various development to be grabbed with SST savings.

The projects included in this campaign are Tri Pinnacle in Tanjung Tokong, Beacon Executive Suites in George Town, Vervea shop offices and Vertu Resort condominium located at Aspen Group’s flagship development, Aspen Vision City in Batu Kawan. All Aspen Group projects are freehold property.

It’s a golden opportunity for those eyeing on the state’s first private-initiated affordable housing project, Tri Pinnacle. Besides attractive rebates, Aspen Group will also provide financial assistance for those facing difficulties in securing 90% loan from the bank by giving RM30,000 financial assistance with 24-months of 0% easy installment. Besides that, there is 1% low down payment onwards with a RM40,000 discount. The Group also offers 48 months Defect Liability Period. Do not miss this chance as these condominium units also come with FREE kitchen cabinet and air conditioner as well as one-year maintenance fee and SPA legal fees. Tri Pinnacle is also the first condominium in Penang that features sky infinity pool and sky facilities on Level 46 with spectacular view of the city and sea. Be a proud owner by obtaining an unit from only RM428,000 onwards. Tri Pinnacle will obtain its CCC in December 2018.

Vervea, the first phase of Aspen Vision City, which is connected via link bridges to the surrounding developments, is the largest gated and guarded commercial precinct in the Northern Region with RM845.2million gross development value. The commercial development has first-of-its-kind 300-metre covered walkway in High Street, strategically positioned external linkages, a boutique hotel with a trade and exhibition centre. Aspen Group is offering discount up to 20% for this development. You can now secure an unit with only RM50,000 down payment and the balance upon CCC issuance, where SPA legal fees and leasing assistance are provided for free. In addition, there is 48 months Defects Liability Period. Vervea is slated for completion and expected to obtain the Certificate of Completion and Compliance (CCC) in December 2018. The units of the three-storey and four-storey shop offices are between 3,300 sq.ft. and 13,150 sq,ft. The starting price of Vervea is RM2.4mil onwards after reduction of SST and each unit comes with a private lift. The opening of Vervea could not be better as it is expected to be opened simultaneously with IKEA Penang in March 2019. To date, the take-up rate for Vervea is at 95% and only limited units are available for sale.

Potential property owners or investors who are eyeing for residential developments can now own Vertu Resort or Beacon Executive Suites with an attractive offer. The units in the resort-inspired development are between 740 sq.ft and 1,290 sq.ft. Meanwhile, all the suites in Beacon are 980 sq.ft. You can own the property with only 1% down payment that coupled with 14% Discount. On top of that, it also comes with 48 Months Defect Liability Period and the SPA Legal Fees would be absorbed by Aspen Group. The starting price for Vertu Resort is RM510,000 onwards and Beacon Executive Suites is from RM663,000 onwards after SST reduction.

Aspen Group President and Chief Executive Officer Dato’ M. Murly said this MAXD Sale Campaign was outlined after taking into consideration of various needs of first-time homebuyers.

“We are able to assist them to own their first property with SST saving in this unique and creative campaign. MAXD ensures the experience of owning a property much simpler and cheaper.

“We thank the Finance Ministry and Government, with SST exemption, we are now able to pass on the cost saving to consumers, especially to the first-time homebuyers and we hope to attract more first-time homebuyers,” he said.

To find out more about the MAXD Sale Campaign, visit Aspen Group’s Facebook page at or visit and peruse the terms and conditions. Our experienced sales consultants are also ready for immediate assistance, where they can be contacted at: 017-5500 970, 017-5500 744 and 017-5500 433.

For more information on the Group’s on-going programmes, kindly visit or call us at 1300 30 5000. Alternatively, you can drop by at the Group’s head office at Aspen House, 300 Jalan Macalister, 10450 George Town or any of Aspen Group’s sales galleries near you.

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