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Archive for 2011

Taman BM Indah (BM Garden)

October 3rd, 2011 113 comments

Taman BM Indah (also known as BM Garden) is a new residential development within the established township of Bukit Mertajam, located next to BM Country Club and St. Anne’s Church.

2-Storey Terrace

  • Total Units: 17
  • Indicative Price: RM398,800.00

2 1/2-Storey Terrace

  • Total Units: 16
  • Indicative Price: RM508,800.00 onwards

2-Storey Semi-D

  • Total Units: 50
  • Indicative Price: RM559,000.00 onwards

2 1/2-Storey Semi-D

  • Total Units: 38
  • Indicative Price: RM659,000.00 onwards

2 1/2-Storey Bungalow

  • Total Units: 13
  • Indicative Price: RM1,288,000.00 onwards
Project Name : Taman BM Indah (BM Garden)
Location : Bukit Mertajam, Penang
Property Type : Terrace, Semi-Detached and Bungalow
Tenure: Freehold
Developer : Maltag Sdn. Bhd.
Contact Number : 04-537 7373

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Categories: Bukit Mertajam Tags:

No reclamation please

October 3rd, 2011 No comments

SOME 350 residents living in six condominiums and houses along Persiaran Bayan Indah in Bayan Lepas want the seafront in the Bayan Bay area to be spared of any future land reclamation projects.

Bayan Bay Residents’ Action Committee chairperson Sharifah Hamidah said the residents were not against development but were more concerned about the quality of life.

“We want people to have access to the seafront from Putra Marine Resort until Queensbay Mall and we hope that it will be spared of any reclamation projects,” she told a press conference at the Gold Coast Resort lobby.

During the press conference, the group of residents staged a peaceful protest.

Sharifah, a retired headmistress, said the residents decided to hold the press conference following information they received that there would be some reclamation efforts in the area by a developer.

She added that in July, the residents wrote to the developer to object any land reclamation there.

“However, we didn’t receive any reply from the developer,” she said.

Sharifah said the residents had met Chief Minister Lim Guan Eng and Pantai Jerejak assemblyman Sim Tze Tzin in August to express their concern.

She said currently there are six condominium projects and residences — Putra Marine Resort, Gold Coast Resort, Bay Garden, Bay Star, Putra Place Condominiums and Villa Emas — comprising a total of 1,871 residential units in Bayan Bay.

“The population in the area is now more than 10,000 excluding the commercial lots. Soon, there will be 352 more condominium units coming up.

“If more development takes place, there will be massive traffic congestion in the area,” she said, adding that the residents were also concerned about the environmental damage there.

When contacted, Sim said the state government was forced into a negotiation with the developer, Boustead Holdings, after it was required to scale down the height of the high-rise Royal Bintang Hotel which was approved to be built in the Unesco World Heritage zone under the previous state government.

“The developer was requested to reduce the height to no more than 18m (five floors from its original 13) in accordance to the new guidelines.

“The state has to negotiate a settlement with the developer, failing which the state risks facing law suits amounting to hundreds of millions of ringgit,” he said.

Sim also urged Boustead to put the people’s interest and the state’s hard earned heritage status first before its financial profits.

He said it was unreasonable of corporate companies to threaten to sue the state government for a large sum of money simply for adhering to Unesco guidelines.

He expressed hope that Lim would stand firm and not succumb to the pressure from the developer.

Source: The Star

Categories: Property News Tags:

IJM Land to set the bar on digital lifestyle

October 1st, 2011 No comments

GEORGE TOWN: IJM Land Bhd is poised to set the bar in Penang and the rest of the country soon on how a fully-networked property development can spur economic growth.

The company’s flagship development – The Light Waterfront Penang – will offer a digital lifestyle to all its investors, thanks to fully fibre-to-the-home services and high-speed broadband connection to both residential and commercial investors within its 60.8 hectare project on Penang island.

The move by IJM Land will give a boost to the Penang state government’s efforts in bringing fibre-optics to home users on Penang island.

“Thanks to IJM Land’s efforts at future-proofing its properties in a greenfield development will stand out as a showcase, since it will soon offer its property owners 25 times more bandwidth from what Penang residents are currently having,” Penang Telecommunications Task Force chairman Jeff Ooi told reporters after IJM Land, Astro Malaysia Holdings Sdn Bhd and TIME dot.Com Bhd inked a information and communications technology agreement at Menara IJM in Penang.

Present at the event were IJM group chief executive officer and managing director Datuk The Kean Ming, IJM Land Bhd’s chief executive and managing director Datuk Soam Heng Choon, TIME chief executive officer Afzal Abdul Rahim and Astro chief commercial officer Liew Swee Lin.

Ooi, who is chairman of PDC Telecommunication Services Sdn Bhd and Jelutong Member of Parliament, has been working with telecommunications service providers such as TIME.dot.Com in laying 110km of fibre-optic cables around Penang island.

“We are currently short-changing ourselves in Penang where we get only 4 megabytes per second in broadband services. IJM Land is now going to offer what is offered in Seoul, Korea with a 100 mbps broadband connection,” Ooi said.

Touted as the “Jewel in the Crown” for IJM, the RM6.5 billion ‘The Light’ project will feature waterfront living with residential, recreational, entertainment, business, hospitality, education and commercial components in one central hub.

“The offering of fibre-based services at The Light enhances efficiency and allows the flexibility to work from home,” Soam said, adding that the use of fibre-optics complies with Malaysia’s Green Building Index standard requirements.

SOURCE: Business Times

Categories: Property News Tags:

Delay in Penang Sentral project worries state govt

September 29th, 2011 2 comments

THE state government is concerned over the lack of progress at the RM2.7bil Penang Sentral project in Bagan Dalam, Butterworth.

Deputy Chief Minister I Datuk Mansor Othman said the project was launched by former Prime Minister Tun Abdullah Ahmad Badawi in July 2007 and the first phase was supposed to be completed by this year.

The project’s first phase costing RM400mil involved the construction of permanent bus and taxi terminals with access to the railway station and ferry terminal, along with retail outlets.

The second phase comprises a commercial hub that includes office towers, service apartments, a hotel and waterfront amenities.

Mansor said the state government would give top priority in assisting the Federal Government in expediting construction work.

“The project developers should let us know immediately if there is anything holding up the project.

“If there is any problem, we will make it our priority to help resolve it as soon as possible,” he said yesterday.

Mansor said the integrated transportation hub covering 12ha of land near the Butterworth ferry terminal was vital for economic activities in Butterworth and surrounding areas.

He said that along with the Second Penang Bridge project, the expansion work on the Penang International Airport and Mengkuang Dam, the Penang Sentral project was critical for Penang.

“It is an integral component in the Greater Penang Transformation Pro-gramme to generate economic activities for the people,” he said.

The Penang Sentral project, deve-loped by Malaysian Resources Cor-poration Berhad (MRCB) in partnership with Pelaburan Hartanah Bu-miputera Berhad, is part of the Nor-thern Corridor Economic Region initiative.

Both companies formed a joint venture company, called Penang Sentral Sdn Bhd, which would un-dertake the development of the transport and commercial hub.

Last November, MRCB executive director Datuk Ahmad Zaki Zahid said the first phase would be ready by December 2013, while the second, third and final phases would be completed in 10 years.

The transport hub, when com- pleted by 2020, is expected to gene-rate economic spillover effects of about RM8bil and would cater to approximately 65 million passengers a year.

A RM5mil temporary bus terminal was completed near the project site in March 2008.

The former bus terminal, sited at the Penang Port Commission (PPC) Complex, could not be used after fire razed the complex in May 2001.

Source: The Star

Categories: Property News Tags:

Seri Jaya Condominium

September 29th, 2011 89 comments

Seri Jaya Condominium, a 20-storey high rise residential development strategically located in the heart of Bukit Mertajam, Penang. Designed with spacious balconies and large windows, allowing you to enjoy the natural sceneries and breathtaking views. It comes with full condo facilities which includes swimming pool, children’s pool, jacuzzi, BBQ area, children’s playground, gym, tennis court, basketball court and etc.

Property Project : Pangsapuri Seri Jaya
Location : Bukit Mertajam, Penang
Property Type : Condominium
Tenure : Freehold
Built-up Area: 1,000 sq.ft. onwards
Total Units : 135
Developer : Global Megajasa Sdn. Bhd.
Contact No: 04-537 1002 / 537 1003
Indicative Price: RM 248,000 onwards

Categories: Bukit Mertajam, Property News Tags: