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Codrington Residence

Pulau Tikus/ 20 March 2023 No comments

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Codrington Residence, a luxury residential development within the upscale neighborhood of Pulau Tikus. Undertaken by Primary Spectra Development Sdn. Bhd., the proposed project will be located along Lebuhraya Codrington (Codrington Ave), opposite the junction of Jalan Yeoh Guan Seok. It is just a stone’s throw away from Moulmein Rise by Belleview Group, less than 5 minutes drive to Gurney Drive.

This new development boasts an impressive 29-storeys condominium featuring 198 units in total, with only 11 units per floor, ensuring low density and a sense of exclusivity. The units feature a range of contemporary layouts, starting from 1,300 sq.ft. With attention to detail and a focus on modern design, the development promises to offer a luxurious lifestyle for those seeking high-end living in the heart of the city.

Project Name: Codrington Residence
Location : Pulau Tikus
Property Type : Condominium
Total Units: 198
Built-up Size: 1,300 sq.ft onwards
Land Tenure : (to be confirmed)
Indicative Price : (to be confirmed)
Developer: Primary Spectra Development Sdn. Bhd.

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DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider, or party in question.

Fresh coat of paint for Taman Free School flats

Property News/ 20 March 2023 No comments

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Thirteen blocks of Taman Free School flats under the Penang Island City Council (MBPP) are set to undergo repainting work in stages.

Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo announced the approval of the repainting work during a visit to the site this morning.

“We completed the repainting work for more than 10 blocks of Taman Free School flats under the Penang Housing Board a few years ago.

“And now, we are focussing on the other blocks under the MBPP,” he said, adding that the repainting work would start at Block C and D. The work is scheduled to begin in May.

Specifying Taman Free School flats (under the MBPP and the Penang Housing Board), Jagdeep said about RM18.5 million has been spent on 613 works such as piping, roof repair, waterproofing, paving roads, repairing cracks, electrical maintenance, and repainting.

“We have also assisted in upgrading the lifts of Block L, M, and N of Taman Free School.

“We will continue to monitor the projects under the local councils (both on the island and the mainland) and the Penang Housing Board,” he added.

Also present were MBPP secretary Datuk A. Rajendran, MBPP councillor R. Kaliyappan, and Penang Housing Board chief business officer Fakhurrazi Ibnu Omar.

Source: Buletin Mutaira

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Council confiscates items after stop work order on heritage site ignored

Property News/ 18 March 2023 No comments
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Source: Google Street View (Feb 2021)

The Penang Island City Council (MBPP) has confiscated construction materials and equipment after a contractor was found renovating a heritage building illegally.

The council said it had checked on the Customs building at China Street Ghaut on Sunday and found that renovations were being done without approval.

It checked on the site again on Monday to ensure there was no construction work being carried out, and this was reported to George Town World Heritage Incorporated (GTWHI) and the state heritage commissioner’s office.

“On Tuesday, we issued a notice under Section 79 of the Street, Drainage and Building Act 1974, which requires the contractor to stop work immediately because we found that the contractor was still operating.

“We then proceeded to confiscate building materials and equipment from the site on the same day,” it said in a statement.

The council said checks yesterday found that there was no longer any work being done on the site.

FMT reported yesterday that the Customs building, formerly known as the Malayan Railway building, was in ruins after its interior was hacked by a contractor over the weekend.

The building is an example of early 20th century colonial architecture, and features a striking facade with a blend of European and Asian designs.

It has been marked as a Category I heritage building under the latest George Town World Heritage Site Special Area Plan draft, meaning it cannot be altered in any way.

Source: FreeMalaysiaToday.com

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Penang Technology Park@Bertam breaks ground in Kepala Batas today

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Penang is set to attract more international high-tech companies to venture into the state once the new Penang Technology Park@Bertam is completed in two years.

The project, which is being built by Ideal Property Group, is set to become a catalyst for economic growth in the region as it focuses on high-technology industries.

Chief Minister Chow Kon Yeow said it was a timely boost for the state as this project will spur the development of other related projects, especially in the north Seberang Perai district.

“The Penang Technology Park@Bertam spanning 880 acres, will uphold the state’s competitive edge, optimising the state’s resources to harness its full potential for strategic investors.

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“The park is also designed with sustainability in mind, incorporating features such as green spaces, energy efficient facilities, recycling and waste management systems.

“This shows that Ideal Property Group is not only focusing on economic success, but also on the environment and social well-being,” he said in his speech during the Penang Technology Park@Bertam groundbreaking ceremony at Jalan Tun Hamdan Sheikh Tahir in Kepala Batas today.

Chow said the state has always emphasised the importance of sustaining a dynamic ecosystem.

“We now have sufficient industrial land to meet the needs of industry in the future, especially in Seberang Perai.

“We also acknowledge that incorporating tripartite Public-Private and People partnership plays a crucial role in paving the way to become a high-income economy,” he said.

On the investment front, Chow said Penang continues to fare well by clocking in RM14 billion in its approved manufacturing investments last year, representing 16% of the country’s total.

“We will not rest on our laurels, but strive for excellence to position Penang as a hub for advanced manufacturing,” he added.

Through the state’s investment arm InvestPenang, Chow said Penang has consistently attracted investments from afar.

Ideal Property Group executive chairman Tan Sri Datuk Alex Ooi said it was a milestone for the Group.

“We embark on an exciting new project to create a dynamic hub for talent, innovation and technology.

“This technology park is not only attracting foreign investments, but also from the local technology companies as well,” he said, estimating the value of gross domestic product (GDP) at around RM4.2 billion.

Ooi believes that the technology park would be the next vibrant satellite city for Penang.

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Source: Buletin Mutiara

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Penang short-term stays guidelines must now be enforced

Property News/ 17 March 2023 4 comments

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The Penang Local Government, Housing, Town and Country Planning Committee has initiated two guidelines – one for high-rises and the other, for landed properties – to regulate short-term stays in Penang.

The Committee chairman Jagdeep Singh Deo said both guidelines have been approved by the state executive council on March 8.

“Both guidelines must now be enforced.

“We have been receiving many complaints regarding short-term stays.

“Such practices have disrupted the other residents of the affected housing schemes.

“We formulated these guidelines not to deny owners of properties (be it high-rise or landed) from renting them out, but to regulate short-term stays,” Jagdeep said in his speech during the Strata Management Seminar 2023 in Mercure Penang Beach in Tanjung Bungah yesterday.

Jagdeep also highlighted a few terms in the guidelines for short-term stay.

“For stratified projects classified under ‘residential zone’, one must first obtain the approval from his or her joint management body (JMB) or management corporation (MC) through the annual general meeting (AGM) before having to comply with other terms in the guidelines. Service apartments classified under ‘commercial zone’ must also comply with the term.

“After complying with all the terms in the guidelines, and if approval is given (for the residential or commercial unit), the short-term stay must not be more than three days in a row. And it must also not be more than 180 days in a year,” he said.

Jagdeep said the hotels in Penang are well-equipped with facilities to cater to the needs of the tourists.

“These hotels can assist our tourism sector.

“We must be fair to the people and the tourism sector,” he said.

On a separate matter, Jagdeep said the Local Government and Housing Ministry has agreed in principle to provide two Commissioner of Building (COB) Department deputy directors for Penang, one for each local council in the state.

“Under the purview of the Penang Island City Council (MBPP), there are 293 stratified schemes which have set up their JMB; 977 schemes which have set up their MC; 102 schemes which are being managed by developers, and eight schemes which are managed by agents who are appointed by COB.

“The COB divisions, both on the island and mainland, need manpower to perform their job well.

“I have explained to the minister and he understood,” he said.

MBPP mayor Datuk Yew Tung Seang said the Strata Management Act 2013 (Act 757) has been gazetted and enforced in June 2015.

“Nevertheless, there are still issues and challenges faced in the enforcement of the Act,” he said.

Yew hoped that the participants would benefit from the seminar.

Also present were MBPP secretary Datuk A. Rajendran, Penang COB Department director Nurul Azian Mohd Nordin, and Penang Housing Board general manager ‘Ainul Fadhilah Samsudi.

Source: Buletin Mutiara