Sandiland Foreshore

July 3rd, 2015 15 comments

sandiland-foreshore

Sandiland Foreshore, another affordable housing scheme by Penang State Government. Tanjung Villa Development Sdn. Bhd. has been awarded the tender to build 482 units of affordable housing and 321 units of low medium cost apartments next to Lintang Macallum 2 in Georgetown. It is adjacent to the Sandilands development scheme by Heng Lee Group.

This affordable housing scheme comprises units with size ranging from 700 sq.ft onwards. Here are the summary of units available for each category:

Category
Size
 Price/unit
Total
Medium Cost
1000 sq.ft.
 RM 400000
241 unit
900 sq.ft.
 RM 300000
161 unit
800 sq.ft.
 RM 200000
80 unit
Low Medium Cost
700 sq.ft.
 RM 72500
321 unit
Total
803 unit

At least one complimentary car park for each unit of the affordable housing with an additional allocation of 10 per cent for visitors car parks.

READ MORE ABOUT AFFORDABLE HOUSING:


Property Name: Sandiland Foreshore
Location :
 Georgetown, Penang
Property Type : Affordable housing & LMC
Built-up Area: 700 sq.ft. – 1,000 sq.ft.
Developer : Tanjung Villa Development Sdn. Bhd.

Location Map:

Street View
 

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Sandiland Foreshore developer to deliver affordable homes in 5 years

July 3rd, 2015 No comments

PENANG_SANDILAND_FORESHORE_020715_TMIHASNOOR_01
Sandiland Foreshore, the state government’s affordable homes project in George Town, has taken off with developer Tanjung Villa Development Sdn Bhd awarded the contract to build it.

Chief Minister Lim Guan Eng said the project on 1.7ha of land in Jalan C.Y. Choy would feature medium- and low-medium cost housing units that were between 65sq m and 93sq m large, at a price range of RM72,500 to RM400,000.

He said the project would synergise with the surrounding developments in the heart of George Town, such as Komtar, which was undergoing a major revitalisation, and the Penang Heritage Centre that would feature the tallest man-made waterfall in the world.

There is also the Macallum Street development coming up nearby, he said.

“Sandiland Foreshore will create viability and vibrance to the surrounding areas while matching Penang’s aspiration for a clean, green, safe and healthy environment.

“It will give the people affordable housing and alleviate the problem of 54 squatter homes on the site.

“The existing residents support the project. They had been hoping for permanent homes since the last administration,” he said at the signing ceremony for state investment arm Penang Development Corporation (PDC), the landowner and Tanjung Villa held at his Komtar office today.

The project will have 482 medium-cost and 321 low-medium cost apartment units, as well as commercial facilities. The state will be allocated 150 units for the squatter families.

Deputy Chief Minister I Datuk Mohd Rashid Hasnon pointed out that the project did not offer low-cost units because the state wanted the people to have quality housing with good facilities

“The lowest the state will go is low-medium cost. We want to give the people a better housing option,” he said.

Tanjung Villa managing director Datuk Hong Yeam Wah said the company was honoured to be part of the Sandiland Foreshore project.

“We are dedicated to building homes and enriching lives. We will work with the authorities to deliver the homes within five years,” he said.

An open tender for Sandiland Foreshore was called in July last year.

Tanjung Villa won with a tender amount of RM36 million in January. The gross development value of the project is RM245.67 million.

The developer will at its own cost look into the compensation of residents and squatters on the project site, including payments of rental for temporary housing, and the tenants’ relocation costs.

Source: The Malaysian Insider



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Urban living close to nature

July 3rd, 2015 No comments

metn_4a_0307_pbh_1Inspired by the leaf considered a symbol of good luck around the world, The Clovers in Sungai Ara, Penang, will be a sanctuary imbued with nature’s wonders.

The freehold residential high-rise project by Asia Green Property Development is designed with verdant elements and versatile facilities that create a comfortable and peaceful lifestyle.

It comprises a trio of 42-storey towers housing modern condo units with standard units starting from a compact 728sq ft with two bedrooms, up to a spacious 1,598sq ft with 3+1 bedrooms.

The largest are Duplex penthouses up to 2,907sq ft with five bedrooms.

A key feature is the two private lifts that serve each block, offering residents direct and convenient access to individual units.

The last tower for The Clovers, currently under construction and estimated for completion in mid-2017, will be launched at the upcoming Star Property Fair 2015 from July 9 to 12 at G Hotel and Gurney Plaza.

Asia Green marketing director Tan Li Mei said the development’s concept epitomised the idiom ‘to be in clover’, meaning to live a pleasant and carefree life.

“The development will have manicured landscapes and other green features to facilitate eco-living,” said Tan.

“The highlight of the natural elements that entwine the whole project will be a lush 14,000sq ft Jungle Trek that forges through leafy surroundings atop the podium.

“Every unit of The Clovers is designed to be a classy space for living, entertaining and relaxing, and offers glorious views of the surrounding hills or cityscape.

“All units come with elegant fittings and finishing,” Tan said of the units priced at an average of RM700,000.

Inhabitants will find much joy in the wealth of facilities. They include a floating gym overlooking three large swimming pools and landscaped areas, kids’ play area, basketball court, barbecue pit, as well as dance, game and entertainment rooms.

Nestled in a prime location, The Clovers is close to the Penang International Airport, both Penang bridges, schools, shopping centres, hotels and restaurants.

Another of Asia Green’s classy developments, the QuayWest Residence in Persiaran Bayan Indah near Queensbay Mall, will also have its soft launch during the fair.

The QuayWest Residence features 24- storey towers with units sized from 728sq ft to 2,013sq ft. Layouts vary from a two- bedroom unit to a luxurious duplex with an average price of RM900,000.

Residents will enjoy easy and convenient access to their units via two private lifts.

“Some units feature a unique dual-key concept. It’s like two homes in one. This special design allows owners to use one unit for their own, and the other for elderly parents or relatives. They can even rent it out,” Tan said.

The podium has four acres of facilities including conference, reading, entertainment and dance rooms, multipurpose hall, lounge, gym, leisure and children’s pools, whirlpool and children’s playground.

There are also rooftop gardens with infinity pool and yoga deck where one can take in views of the sea and Pulau Jerejak.

Estimated for completion in early 2019, the freehold development with commercial title enjoys an excellent location between both Penang bridges, and is surrounded by mature districts.

“Units at both projects are reasonably priced,” said Tan, adding that they would be offering special packages that help aspiring home owners realise their dreams.

Purchasers during the fair will get the chance to redeem a guaranteed discount voucher of RM10,000 and also pick a multiplier scratch card which can boost the discount up to five times.

To find out more, visit Asia Green at booth N1 during the four-day fair from 10am to 10pm.

The Star Property Fair, now into its 14th year, is the grandest property showcase in the northern region. This year, there will be more than 40 exhibitors participating.

Source: TheStar.com.my



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Plans to sell land hit snag in Air Itam

July 2nd, 2015 No comments
airitam

Google Map: Air Itam

The Penang government will ‘fight till the end’ to safeguard the interest of 3,000 families staying on the plot of land belonging to 1Malaysia Development Bhd (IMDB) in Air Itam.

Chief Minister Lim Guan Eng said the state would ensure the interest of each ground tenant is protected should there be housing developments taking place on the 94.7ha land.

He said the state had no information pertaining to any land sale in the area although there were reports that several parties were interested in it.

“I just wish to remind whoever the land buyers are that any approval needs to come from the state government,” he said, referring to approval for land deals.

“We hope 1MDB will fulfil its promise in the last general election to carry out several housing projects.
“But please do not forget there are 3,000 households staying on the land. We will not budge and will protect the interest of these people,” he told reporters at Komtar yesterday.

Lim was commenting on reports that 1MDB had received ‘proposals’ for its land in Air Itam in Penang and Pulau Indah near Port Klang in Selangor.

1MDB plans to appoint a real estate consultant to evaluate several proposals to buy its land in Penang and Selangor.

These developments follow efforts by the government strategic fund to monetise its various land parcels through joint ventures or outright sales.

It is part of a strategic review to decrease its RM42bil debts as of March 2014.

1MDB president and group executive director Arul Kanda had said that 1MDB had received significant expressions of interest in both land parcels.

“An announcement on the progress will be made within the next two weeks,” he had said.

Source: TheStar.com.my



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Pine Sanctuary

June 30th, 2015 4 comments

pine-sanctuary

Pine Sanctuary, an upcoming mixed development by Geo Valley Sdn. Bhd. in Paya Terubong, Penang. It is strategically located next to the proposed 816m paired road connecting Taman Lone Pine to Sun Moon City, which is to be built as part of this development.

This development was first planned few years ago and the latest proposal comprises three blocks of high rise condominiums and one block of affordable housing, sitting above three storey of commercial floors with ample parking bays.

Development phases:

Phase 1:

  • 41-storey affordable housing (464 units)
  • 47-storey condominium (388 units)
  • Commercial lots (241 units)

Phase 2:

  • Two 47-storey condominiums (776 units)

This project is still pending for approval. More details to be available upon project launch.

READ MORE ABOUT AFFORDABLE HOUSING:

For registration details, you may refer to http://erumah.penang.gov.my/


Property Project : Pine Sanctuary
Location : Paya Terubong, Penang
Property Type : Mixed development
Total Units: 1164 (condo), 464 (affordable), 241 (commercial)
Built-up Area: ~850 sq.ft. (affordable)
Tenure : Freehold
Indicative Price : RM300,000 onwards (affordable)
Developer : Geo Valley Sdn. Bhd. (Lone Pine Group)

Street View
 



Categories: Paya Terubong Tags: