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Posts Tagged ‘affordable’

Quinton

February 22nd, 2017 No 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

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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TreeO Hillside Towers

January 31st, 2017 2 comments

treeo-hillside

TreeO, an upcoming affordable housing by Hunza’s wholly-owned unit, Diamaward (M) Sdn Bhd, at Sungai Ara. It is located next to Taman Sungai Ara, about 1.5km away from SJK(C) Chong Cheng.

This development comprises three 49-storey towers offering a total 1,390 affordable units:

BLOCK A

  • Tower A1 – 426 affordable units
  • Tower A2 – 426 affordable units
  • 12-level car park

BLOCK B

  • Tower B – 538 affordable units
  • 6-level car park

More details to be available upon project launch.

READ MORE ABOUT AFFORDABLE HOUSING:

Property Project : TreeO
Location : Sungai Ara, Penang
Property Type : Affordable Housing
Built-up Area: (to be confirmed)
Total Units: 1,390
Indicative Price: RM300,000
Developer: Diamaward (M) Sdn. Bhd. (Hunza Group)

Register your interest here

Location Map:

 

 

Ramah Pavilion – Combining luxury with affordability

January 23rd, 2017 Comments off

ramah-pavilion-main

M Summit Group recorded a new milestone through its latest project combining luxury with affordability in an exciting way for Penangites. They are the first private developer to take on Penang’s affordable housing scheme and taking it on “in style”.

Ideally located with panoramic seaview and lush greenery

Ramah Pavilion, comprises two blocks of 39 and 36 storey, is billed as one of the first private affordable housing developments to be completed in Penang. As of January 2017, the facade and foundation of the new resort-style condominium has been built hence providing an idea the size of the building along with the selection of on-site amenities.  Even at this stage of construction, it is obvious that the end result will be a modern building that embraces the landscape around it, offering lush views of many of the hills and greenery surrounding it. There will definitely be some impressive panoramic seaview from the upper floors.

Ideally located for both families and business professionals alike; situated within the township of Teluk Kumbar, with the new Yong Chern Chinese school just minutes away (perfect for busy mornings with the kids!) and the Penang International Airport less than a 15-minutes drive away. Upon the completion of the federal road upgrade from Teluk Kumbar to the Penang International Airport, the location of Ramah Pavilion will become more accessible and convenient as the new road will massively enables a smoother drive to Bayan Lepas Free Trade Zone and the airport. Furthermore, the proposed government reclamation off the southern tip of Penang Island and the creation of three new man-made island will be one of the greatest catalysts for both residential and commercial growth at the southern part of Penang Island, especially in Teluk Kumbar.

Resort-style living with rooftop garden

The freehold, high-rise resort-style living at Ramah Pavilion features top-of-the-line amenities like pools for both adults and children, a Jacuzzi for chilly nights, an expansive indoor and outdoor playground for children, a game room for all ages, a relaxing reading room/library, a barbeque area that is perfect for hosting family get-togethers and events with friends, and indoor and outdoor function areas for groups large and small. The state-of-the-art indoor function hall with air conditioned atmosphere and a full scale kitchen accommodates up to 300 pax of seating subsequently permits catering event; starting from largest weddings, reunions, up to birthday parties while being literally at home at the same time!

One of the most unique features that Ramah Pavilion condos will offer is a huge, one-of-a-kind roof-top garden where residents can grow organic vegetables year round. This allows you to enjoy urban city living while still having land to cultivate your favorite fruits and vegetables. M Summit Group is even planning on bringing in gardening experts to help residents grow vegetables in the roof-top garden and to answer questions or concerns that residents might have about urban gardening.

Speaking of the best in urban city living, the spacious condominium of Ramah Pavilion, which range from around 800 sq ft to about 1,350 sq ft are built over a ground storey of premium businesses, including on-site laundry, a convenience store, a hair dresser and salon as well as restaurants and a grocer. Tenants will be carefully selected to ensure the residents feel safe from any unwanted activities.

Security as top priority

Ramah Pavilion, focusing on the security of residents as top priority, promises an enjoying affordable urban living that doesn’t have to come at the expense of your safety. Both the businesses located in Ramah Pavilion and the residential areas will be monitored by security. Ramah Pavilion offers an on-site three-tier security system which will monitor and protect the premises and residents 24 hours a day. Ensuring utmost privacy, resident’s access key card is only accessible to the floor(s) which it’s programmed.

Show unit in progress

Show unit in progress

Quality is the focus

One of the key features that sets Ramah Pavilion apart from other affordable housing is the focus on quality. No expense has been spared in this development, and the high-rise units will feature top-of-the-line building materials carefully selected by the developer and its construction professionals. Offering 6 design types catering young, single professional or a more mature family raising children

In even more surprising news, the fact that Ramah Pavilion units are already 85% sold doesn’t halt the developer from upgrading amenities and features on the condominium. Instead, the developer has opted to offer high-quality finishes like anodize aluminum windows and sliding door frames with tempered glass that meets high safety standards and resident expectations.

Affordable price and easy ownership

Selling price for Ramah Pavilion open market unit starting at just RM468K for 1,150 sq.ft. with two car parks, as well as some renovation options to the homeowner at no additional cost. Do expect a move-in conditioned home with air conditioning piping, plastered ceilings, build-in water heaters and upgraded 60cm x 60cm porcelain tile, an added grill main door, shower screens in all bathrooms, and additional power points in each home. Best of all, the developer will absorb bank interest incurred until vacant possession.

You are invited to view the show unit which is available on site during the topping-up event to be held on 30 January 2017 (3rd day of Chinese New Year), with Penang Chief Minister as the Guest of Honor. Food will be provided.

news-ramah

 

Meet up personally with M Summit Group on 30 Jan for a deal that’s definitely not to be missed! Or you may also call 04-2292232/04-2917921/04-2917915 to arrange for a personal meeting and viewing of the show unit.

Site Location

 

AFFORDABLE: Bukit Mertajam / Zuwen Bina

December 24th, 2016 3 comments

proposed-affordable-kota-permai-zuwen-bina

Yet another affordable housing proposed at Bukit Mertajam by Zuwen Bina. The newly proposed development is strategically located along Jalan Bukit Minyak, within the vicinity of Kota Permai.

This project comprises a 26-storey condominium with 320 residential units and four units of 2-storey shop offices.

The proposal is still pending for approval, more details to be available upon official launch.

READ MORE ABOUT AFFORDABLE HOUSING:

Project Name: (to be confirmed)
Location : Kota Permai, Bukit Mertajam
Property Type : Affordable housing (condominium)
Total Unit: 320
Built-up Area: (to be confirmed)
Indicative Price: (to be confirmed)
Developer: Sunshine Spectrum Sdn. Bhd. (Zuwen Bina)

Register your interest here

Location Map: