Penang Property Talk

VISITORS had plenty to see and do at a Chinese New Year open house held at the Mah Sing Group’s sales gallery in Batu Maung, Pe-nang.

Besides a dragon dance per- formance, the God of Prosperity made an appearance to give out candies to guests.

There was also a calligraphy demonstration while a dough figurine maker thrilled the children with his skills in creating colourful figures from Chinese legends.

Those seeking life predic- tions headed to a fortune teller’s booth.

But the biggest draw were the condominium show units of the Southbay Plaza project showcased by the company at the event on Saturday.

Many guests took the opportunity to have a look at the spacious units which are priced from RM811,000.

Mah Sing is building two blocks of condominium units as part of the project slated for completion in mid-2015.

“Response towards the project has been very good,” said Mah Sing deputy general manager Yeoh Chee Beng.

Mah Sing senior marketing manager Venus Ho said 80% of the 106 units at Tower A had been sold while only 40% of the 100 units at Tower B were still available.

The show units are open for viewing from 10am to 5.30pm daily.

For more information, call the sales gallery (04-6288188) or Yeoh (012-4103255).

Source: The Star

Sungai Nibong Residences, a condominium development by PLB Homes, strategically located within the established township of Sungai Nibong, Penang.  It is only mere minutes drive to Bayan Lepas Free Trade Zone.

Nearby amenities includes hypermarkets, shopping malls, commercial centre and financial institutions.

Project Name : Sungai Nibong Residences
Location : Sungai Nibong, Penang
Property Type : Condominium
Land Tenure : Freehold
Developer : PLB Homes

GEORGE TOWN: The second Penang bridge is 3% ahead of schedule and is expected to be ready by October next year, said Chief Minister Lim Guan Eng.

He said the construction work was proceeding well.

“Although the bridge was expected to be ready in 2014, it is now expected to be completed earlier based on the progress of construction,” he said at a press conference here yesterday.

Lim said that according to completion schedule, the progress of construction was supposed to be 67.71% but it had reached 70.7%.

In October last year, Works Minister Datuk Seri Shaziman Abu Mansor had said the bridge was 65% completed and expected to be ready earlier than its November 2013 deadline.

He expressed confidence the project would be ready two months earlier than scheduled.

On another matter, Lim said the handing out of white ang pow during Perkasa’s Chinese New Year open house at Kampung Baru, Kuala Lumpur, was an insult to the Chinese community.

Source: The Star

Hillpark Residences, a gated and guarded residential development  with 6 residential zones, comprising Double Storey Superlink Houses, Double Storey Zero Lot Bungalows and 2 1/2 Storey Bungalows. The contemporary architecture of the houses are complemented by the underground cabling & drainage system that maximizes the flexibility of space.

Just 5 or 10 minutes drive away are public amenities such as the Tesco hypermarket, Carrefour and proposed site of JUSCO, Alma’s new commercial hub, schools, Bukit Mertajam old town etc. Other neighbouring towns are also easily accessible via well-connected highways.

Property Project : Hillpark Residences
Location : Bukit Mertajam, Penang
Property Type : Superlink & Bungalow houses
Total Units : 280
Developer : Sunrise Manner Sdn. Bhd.
Contact No.: 04-551 2888

THE state government’s fund for affordable housing will be managed and implemented by the Penang Development Corpo- ration (PDC).

Chief Minister Lim Guan Eng said the PDC would ensure that the RM500mil was used to build affordable units for the lower income group in the state.

“This is the largest amount ever allocated by any state government in the country for this purpose.

“It was decided during the state exco meeting today that the fund would be handled by the PDC, which is part of the state government,” he said.

Lim, who is PDC chairman, said the fund was from the Bayan Mu-tiara privatisation project conducted via an open tender.

He added that the state government had rejected the previous administration’s plan to move the administration centre from Komtar to Bayan Mutiara when it took over in 2008.

“Building a new administrative centre would have caused between RM600mil and RM800mil.

“We wanted to use the money for social projects that can benefit the people — like affordable housing,” he said during the PDC Chinese New Year open house in George Town yesterday.

Lim said a total of 11,596 affor-dable homes costing between RM42,000 and RM72,500 had so far been approved by the state government.

After the event, some 20 state Pemuda Pakatan Rakyat members presented Lim with an invitation to a debate.

An official invitation was also sent to Minister in the Prime Minister’s Department Tan Sri Nor Mohamed Yakcop’s service centre in Tasek Gelugor.

Organised by the group, the debate titled ‘Abolishing expressway toll would bankrupt the country’ is scheduled for Feb 29 at the Seberang Prai Municipal Council hall in Sungai Dua, Tasek Gelugor.

State DAP Socialist Youth (Dapsy) secretary Ng Wei Aik, who is also Komtar assemblyman and the chief minister’s political secretary, said Lim would accept the invitation.

“Pemuda is organising this debate between the two leaders so that the rakyat can hear for themselves the arguments for and against the abolishing of expressway toll fares for concessionaires that have made huge profits.

“We have given Nor Mohamed a week to respond to the challenge and hope that he will accept it,” he said.

Source: The Star