Penang Property Talk

A proposed mixed development by Aspen Park Hills Sdn. Bhd. at Paya Terubong. Located on a 29-acre freehold land along Jalan Bukit Kukus, which was acquired from Geo Valley Sdn. Bhd. in mid of 2019. It is only a mere minutes drive from Air Itam.

This development will see the construction of several residential towers with communal facilities, serviced apartment towers and lifestyle retail facilities in multiple phases. The initial phases of the development will include the construction of Jalan Bukit Kukus paired road, and 4 residential towers:

PHASE 1

• Block A: 41-storey condominium (464 units)
• Block B: 47-storey luxury condominium (388 units)

PHAsE 2

• Block C 47-storey luxury condominium (388 units)
• Block D 47-storey luxury condominium (388 units)

The project is still pending for approval. More details will be available upon official launch.

Project Name : (to be confirmed)
Location : Paya Terubong, Penang
Property Type : Mixed development
Built-up Size: (to be confirmed)
Total Unit: (to be confirmed)
Indicative Price : (to be confirmed)
Developer : Aspen Park Hills Sdn. Bhd.

Location Map:

Picture for illustration only

Penang will follow the example of the Selangor state government in imposing stiff compounds on developers who flout Erosion and Sediment Control Plans (ESCP), in a bid to address the increasing incidence of non-compliance among developers in the state.

In this connection, a working paper on amendments to the Street, Drainage and Building (Compounding of Offences) By-Law 1980 under the Street, Drainage and Building Act 1974, will be discussed at the State Executive Council meeting this Friday, said state Public Works, Utilities and Flood Mitigation Committee chairman Zairil Khir Johari today.

The proposed amendments provide for fines of up to RM250,000.

“I found out that in Selangor, they have come up with a law that allows very stiff financial penalties. If Selangor can do it, why can’t we? Do you know what happened in Selangor? The rate of non-compliance (of ESCP) dropped. That means, more engineers and developers are aware.

“I hope to reduce non-compliance, and at the same time, reduce mud floods and pollution. I am very positive the state government will support and approve this by-law,” he told reporters, after attending an event related to a river awareness project here.

At the recent State Legislative Assembly sitting, Zairil announced that 90 busts were conducted on private and public construction sites between 2017 and October this year, with 85 per cent (or 77 project sites) found to have contravened ESCP conditions.

According to Zairil, the Penang Island City Council currently does not have the authority to issue compound notices with fines as a penalty, while the Seberang Perai City Council can only issue compounds with a maximum fine of RM250.

He added that several months ago, representatives from local authorities and the state government visited counterparts in Selangor to learn about legislation passed by the state government there to address the problem of non-compliance among developers.

Source: Bernama

About The Ship Campus

The Ship Campus (Peninsula College) is a university campus in Batu Kawan, combining an eco-friendly campus with a dynamic blend of technology and innovation to enable professional learning. It is strategically located at the southern part of Batu Kawan and it is part of PKT’s “One Auto Hub” project. It designed like a ship and able to accommodate about 5,000 students. The campus is expected to open in 2020.

Find out more about The Ship Campus

MAPEX has been one of the feasible platforms in gathering interest for property purchasing as the previous venture made a grossing sales of RM300 million, with more than 200 applicants in salvaging government-linked homes. As the Co-Organizer of MAPEX, Property Queen’s dedication and commitment ensuring homeownership among Malaysians will receive positive participation through the consistent support that is invested through the making of this event. The participation will justify Property Queen’s practice in providing comprehensive service to the consumers and facilitate them in searching for the next future dream home.

If you have missed the MAPEX event at Queensbay Mall last week, here is another chance to search for your new home at the second MAPEX event at Gurney Plaza this coming weekend (14 Nov – 17 Nov).

Lot 9, a light industrial factory project by Taman Jadi Group at Nibong Tebal. It is located along Jalan Perindustrian Nibong Tebal 3, adjacent to Kian Hon Tyres Sdn. Bhd. Second Penang bridge is only 10 minutes drive away via North South Expressway.

This development offers 8 units of 3-storey semi-detached light industrial factories and one detached unit. The standard unit will built-up area of 10,779 sq.ft. with a spacious land area of at least 17,454 sq.ft.

Project Name : Lot 9
Location : Nibong Tebal
Property Type : Light Industrial
Built-up Size: 10,779 sq.ft
Land Area: 17,454 sq.ft.
Total Unit: 9
Indicative Price : (to be confirmed)
Developer : Taman Jadi Group

Location Map: