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Not so low-cost homes MP: Developer being investigated for inflating price

February 8th, 2011 1 comment

JELUTONG MP Jeff Ooi claimed a developer who tried to sell low-cost housing at higher than the maximum recommended ceiling price had been blacklisted by the Hous- ing and Local Government Minist-ry.

The move to take the developer to task was initiated by the Penang Town and Country Planning, Housing and Arts Committee chairman Wong Hon Wai after a group of residents complained that the price of low-cost houses in Taman Pelangi Indah, Perak Lane, had been inflated from RM75,000 to RM135,000.

He claimed the developer was going against the state’s policy by selling the low-cost houses with a built-up area of 650sq ft beyond the maximum recommended price.

“The state government filed a complaint last year against the developer who is currently being investigated by the ministry,” he said.

In an earlier report, Ooi had said that applications by 13 residents to purchase low medium-cost flats costing RM72,500 in the Taman Pelangi Indah project had been approved by the housing unit in the state secretary’s office but then, they were told by the developer that such units had been sold out.

The developer then offered the residents other units of similar size but costing RM135,000 due to additional renovation works and the inclusion of a parking lot.

Ooi said he assisted 11 of the residents in buying the low medium-cost housing units at RM72,500 each from the same project.

“They have signed the sales and purchase agreement and are now waiting for the local government to issue the occupation certificates (OC),” he said, adding that two residents withdrew their applications.

Source: The Star

Categories: Property News Tags:

Residency @ Cendana

January 31st, 2011 76 comments

Residency@Cendana

Residency @ Cendana, a guarded development with 24 hours security by Metrio Development Sdn. Bhd. This housing community is strategically located within Juru township, comprises semi-detached and bungalow houses. It is only a few minutes drive to Juru Autcity and with easy access to Penang Bridge via North-South highway.

Facilities:

  • Club House
  • Infinity Edge Swimming Pool
  • Indoor & Outdoor Gymnasium
  • Jacuzzi & Sauna
  • Children’s Wading Pool
  • Barbeque Pit
  • Function & Reading Room
  • Lounge with WIFI Facility
  • Children Playground
  • 3 Concept Garden with Executive Landscaping
  • Garden Walkway
Project Name: Residency @ Cendana
Location : Juru, Penang
Property Type : Semi-Detached & Bungalow
Land Tenure: Freehold
Land Area: 37′ x 80′ (semi-d)
Developer : Metrio Development Sdn. Bhd.

Categories: Juru Tags:

Tanjung Heights Condominium

January 30th, 2011 25 comments

Tanjung Heights Condominium is a new project by Tambun Indah located at Raja Uda, Butterworth. Strategically located with easy access to Penang Bridge, North-South Highway and the Raja Uda commercial centre.
Tanjung Heights Condominium comprises a single 13-storey condominium block with a total of 148 units. Each unit come with spacious built-up area of 1,313 sq.ft. The facilities at Tanjung Heights Condominium include swimming pool, wading pool, gymnasium, playground, landscape garden.
Property Project : Tanjung Heights
Location : Raja Uda, Butterworth (Property for sale & rent in Butterworth)
Property Type : Condominium (Condominium for sale & rent)
No. of Blocks : 1
No. of Storey : 13
Total Units : 148
Built-up Area : 1,313 sq.ft.
Indicative Price: RM 308,000 onwards
Developer : Tambun Indah Sdn Bhd
Categories: Butterworth, Property News Tags:

Aston Villa

January 29th, 2011 27 comments

Aston Villa is an integrated mixed-component development which features terrace houses, semi-detached houses, bungalows and commercial space. Aiming to provide a serene, low density and high-end residential area supported by quality commercial units and retail outlets.

The designs of the houses derive from traditional Asian living arrangement where three generations live under one roof. Commercial mall and retail outlets with appealing architectural design will provide the daily needs of local citizens as well as be the major shopping paradise within the district.

Aston Villa: Semi-D

  • Standard Lot Size : 33’ x 96’
  • Built Up Areas : 3,750 sq.ft.
  • Year of Completion : 2011
  • Unit Price : RM791,580 to RM913,380

Aston Villa: Terrace

  • Standard Lot Size : 24’ x 72’
  • Built Up Areas : 2,850 sq.ft.
  • Roof Terrace : 388 sq.ft.
  • Year of Completion : 2011
  • Unit Price : RM554,800 to RM718,800

Aston Villa: Shop Office
GROUND FLOOR
Corner:

  • Standard Lot Size : 21’ x 66’
  • Built Up Area : 4,700 sq.ft.
  • Useable Area(Yard) : 450 sq.ft.
  • Year of Completion : 2011

Intermediate:

  • Standard Lot Size : 21’ x 66’
  • Built Up Area : 4,580 sq.ft.
  • Useable Area(Yard) : 620 sq.ft.
  • Year of Completion : 2011
  • Unit Price : RM1,038,800

Property Project : Aston Villa
Location : Bukit Mertajam, Penang
Property Type : 3-Storey Terrace & Semi-Detached, Shop Office
Developer : Ivory Properties
Sales Agent : New Bob
Indicative Price: See above

Categories: Bukit Mertajam, Property News Tags:

Tambun Indah unit buys land in Penang

January 27th, 2011 No comments

TAMBUN Indah Land Bhd's wholly-owned unit, Epiland Properties Sdn Bhd is buying two parcels of land in Butterworth, Penang from Hussain Imam Md Ismail and Ayesha Mohamed Ismail for RM11 million.

The deal is in line with its strategy to increase its land bank.


SOURCE: Business Times

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