Ewein's City of Dreams project features two 38-storey residential blocks set on 3.7 acres of freehold land in the prestigious Seri Tanjung Pinang neighborhood of Tanjung Tokong and Gurney Drive on Penang island, with a gross development value of RM800 million. Its two towers, Elainé and Chloé house a total of 572 exquisite serviced apartments measuring from 1,097sq ft to 1,335sq ft. It contains almost 70 luxury amenities and facilities for residents, this development ensures all residents can enjoy the best of modern comfort within their own home.
This ultra-modern residence is developed by Ewein Zenith Sdn Bhd, a joint-venture between Ewein Land Sdn Bhd (73%) and Consortium Zenith Construction Sdn Bhd (27%).
Ewein through its subsidiary, Ewein Zenith Sdn Bhd (“Ewein Zenith”), inked an Memorandum of Understanding (“MoU”) with Consortium Zenith Construction Sdn Bhd (formerly known as Consortium Zenith BUCG Sdn Bhd) (“CZCSB”) in FY2015 for the proposed development of a 50-acre freehold land with a GDV of RM13.89 billion.
In 2015, the Ministry of Domestic Trade, Co-operatives and Consumerism conferred Ewein Zenith as the Champion of Entry Point Project 10 (“EPP 10”) - Wellness Resorts, under the Economic Transformation Programme (“ETP”).
The company will develop a wellness resort city which will be a one-stop wellness destination named “Wellness City of Dreams” for health, healing, recuperation, leisure, learning and entertainment purposes.
In January 2016, Ewein Zenith has been granted the sole exclusive rights by CZCSB through the Memorandum of Agreement (“MoA”) signed between both parties, to purchase three (“3”) parcels of land aggregating approximately 50 acres or 2, 178, 000 square feet located at Gurney Drive.
The company has been granted rights to purchase the land within a ten (“10”) year period. This MoA shows the strong commitment by Ewein Zenith and CZCSB to develop the Wellness City of Dreams at Gurney Drive. The land will be divided into ten (“10”) separate parcels and will be developed over 10 years accordingly.
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