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Posts Tagged ‘affordable’

AFFORDABLE: Teluk Kumbar / Montrico Development Sdn. Bhd.

May 26th, 2017 15 comments

affordable-by-montrico-development

A proposed affordable housing by Montrico Development Sdn. Bhd. at Teluk Kumbar. It is strategically located a long Jalan Teluk Kumbar, less than 3km from Penang International Airport. Neighboring communities include but not limited to Prestige Heights, Platinum III, Teluk Kumbar Heights and Sunway Aspera.

This development to be developed in two phases, offering a mix of affordable housing and shop offices:

Phase 1

  • Block A: 39-storey affordable housing (900sq.ft. – 696 units) and 12 units of shop offices
  • Block B: 39-storey affordable housing (900sq.ft. – 324 units)
  • Block C: 39-storey low medium cost apartment (650sq.ft. – 410 units)

Phase 2

  • Block D: 39-storey affordable housing (900sq.ft – 352 units) and low medium cost apartment (650sq.ft. – 60 units)

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

Project Name : (to be cofirmed)
Location : Teluk Kumbar
Property Type : Affordable / Shop offices
Built-up Size: 650 sq.ft. & 900 sq.ft.
Total Units: 1020 (affordable), 410 (LMC), 12 (shop office)
Indicative Price: RM75,000 onwards
Developer : Montrico Development Sdn. Bhd.

Register your interest here

(This information may be used by the developer or their appointed agent to initiate follow-up communications with you on the project.)

Location Map:

 

Fairview Residence

May 16th, 2017 12 comments

fairview-residence

Fairview Residence, an upcoming affordable housing development at Sungai Ara, Penang. Strategically located next to Setia Pinnacle by SP Setia, about 10 minutes drive away from Setia SPICE. This is a joint venture development between BSG Property and VST Group.

This development will features 34-storey condominium offering 750 units of affordable housing, with standard built-up size of 970 sq.ft.

* EARLY BIRD PACKAGE AVAILABLE NOW! *

Project Name: Fairview Residence
Location : Sungai Ara, Penang
Property Type : Affordable Housing
Built-up Area: 970 sq.ft.
Total Units: 750
Indicative Price: RM388,000 onwards
Developer: BSG Property & VST Group

Please contact developer appointed agents below for EARLY BIRD PACKAGE
John Lee
John Lee
012-433 2820
Yvonne Tan
Yvonne Tan
016-442 9837
Shirley
Shirley
016-418 3632

Register your interest here

(This information may be used by the developer or their appointed agent to initiate follow-up communications with you on the project.)

Location Map:

 

 

UPCOMING: Seberang Jaya / Golden Village Properties Sdn. Bhd.

May 3rd, 2017 3 comments

proposed-by-golden-village-properties

A proposed residential development by Golden Village Properties Sdn. Bhd. at Seberang Jaya, Penang. Located along Jalan Permatang Pauh, just a stone’s throw away from Butterworth-Kulim Expressway interchange. It will only take a mere minutes drive to Sunway Carnival Mall and about 5 minutes to Butterworth town center.

This development will see the construction of a two residential buildings and shop offices:

  • 9-storey affordable condominium (112 units)
  • 11-storey medium cost condominium (198 units)
  • 4-storey shop offices (6 units)

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

Project Name : (to be cofirmed)
Location : Seberang Jaya
Property Type : Condominium
Built-up Size: (to be confirmed)
Total Units: 112 (affordable), 198 (condo), 6 (shop office)
Indicative Price: (to be confirmed)
Developer : Golden Village Properties Sdn. Bhd.

Register your interest here

(This information may be used by the developer or their appointed agent to initiate follow-up communications with you on the project.)

Location Map:

 

Quinton

February 22nd, 2017 5 comments

quinton

Quinton, another affordable housing proposed at Balik Pulau, by Prisma Bumiraya Sdn. Bhd. (Pearl Ocean). It is located along Jalan Sungai Pinang, next to Titi Teras Primary School. Only less than 2km away from Balik Pulau town centre.

This development will see the construction of a 16-storey residential building, offering 383 affordable units.

complimentary-find-out-more

READ MORE ABOUT AFFORDABLE HOUSING:

Property Project: Quinton
Location :
 Balik Pulau, Penang
Property Type : Affordable housing
Built-up Size: 775 sq.ft., 850 sq.ft. & 900 sq.ft.
Total Units: 383
Land Tenure : Freehold
Indicative Price : RM233,000 onwards
Developer : Prisma Bumiraya Sdn. Bhd. (Pearl Ocean)

Register your interest here

(This information may be used by the developer or their appointed agent to initiate follow-up communications with you on the project.)
Marketing Agents:
  • 012-427 8545 (June Goh)

Location Map:

 

 

7,658 affordable units between RM300K and RM390K

January 31st, 2017 4 comments
Picture for illustration only

Picture for illustration only

Property and construction-based PLB Engineer-ing Bhd is planning to start a RM2.6bil affordable housing project in Paya Terubong in mid-2017 on a 113-acre site.

Group executive chairman Datuk Seri Ong Choo Hoon told StarBiz at an AGM recently that the project would comprise 7,658 affordable units priced between RM300,000 and RM390,000.

“The project would be launched in stages over a six-year period.

“This year, we plan to kick off with the development of 1,280 affordable units with a gross development value of RM450mil,” he said.

Ong said the group planned to develop over 2,000 units of commercial and residential properties on the same site in the near future.

On the island, the group plans also in June to develop an RM150mil condominium project in Zoo Road.

“There are 206 units, of which 50 units will be priced between RM200,000 and RM300,000.

“The other units are priced from RM500,000 onwards,” he said.

In 2019, Ong said the group planned to develop an RM1bil mixed-development project on a 200-acre site in North Seberang Prai.

“We plan to develop landed property, apartments and shophouses on the site,” he added.

The group currently has over 100 acres of undeveloped land bank on the island and about 300 acres in Seberang Prai.

In a recent announcement to Bursa Malaysia, the group said it had unbilled sales of RM46mil from ongoing construction projects in Bukit Minyak, Prai and Penang island, which is expected to contribute to the group’s turnover over the next one year.

PLB said the property development segment for the group would continue with the development of the final phase of the Balik Pulau, Greenwish Garden at Batu Maung and Paya Terubong projects.

“Barring any unforeseen circumstances, the prospects of the group for the financial year 2017 remains positive,” PLB said.

For the first quarter ended Nov 30, 2016, PLB posted a net loss of RM503,000 on the back of a turnover of RM51.8mil.

Source: TheStar.com.my

 

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