Quartermile is an commercial development by PDC Properties located in Bayan Baru, Penang.
Property Project : Quartermile
Location : Bayan Baru, Penang
Property Type : Commercial
Total Units : 15
Developer : PDC Properties Sdn. Bhd.
Bayu Villas @ Desa Titi Panjang is located within the established township of Bukit Minyak, Penang. This residential property development comprises 100 units of 2-storey semi-detached houses. Strategically located with easy access to Bukit Minyak and Perai Industrial Area. A mere minutes drive to Juru Autocity and Penang bridge
Property Project : Bayu Villas, Desa Titi Panjang
Location : Bukit Tengah, Penang
Property Type : 2-Storey Semi-Detached
Tenure : Freehold
Built-up Area: 2,559 sq.ft.
Land Area: 35′ x 80′
Total Units : 100
Developer : TPPT Sdn. Bhd.
Contact No.: 04-540 2898 / 012-487 8594
Indicative Price: RM467,000 onwards
Contributed by @eenngg (04/12/2011)
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Spread over 100 acres of sprawling land, set amidst Permatang Tinggi, the landscape of this district will never be the same again with the development of Permatang Sanctuary, featuring “Eco Living” – Adding life, health and fun to ordinary lifestyle.
This guarded residential property development comprises 188 units 2-storey semi-detached, 488 units 2-storey link semi-detached, 10 units of bungalow and 134 units of link bungalow houses. Located within the established neighbourhood of Bukit Mertajam. It is about a 15-minute drive from Juru Auto-City and the Penang Second Link. This “Eco Living” township is conveniently accessible and linked to the North-South Highway and Penang Bridge.
Permatang Sanctuary Phase 1 consists of 78 units of double-storey semi-detacheds and 92 units of double-storey link semi-detacheds which is targeted to be launched by the end of 2011.
Related Projects:
Property Project : Permatang Sanctuary
Location : Permatang Tinggi, Bukit Mertajam, Penang
Property Type : 2-Storey Semi-Detached & Bungalow
Tenure : Freehold
Total Units : 188 (Semi-D), 488 (link Semi-D), 10 (Bungalow), 134 (link Bungalow)
Developer : IJM Land
Contact No: 04-296 1222
Indicative Price: RM 400,000 onwards
Business Times has learnt that SP Setia Bhd and Ivory Properties Group Bhd are the companies that have responded to Penang state government's tender to develop the Bayan Mutiara land. The tender is part of the state government's efforts to raise funds.
Sources said of the two companies, Ivory Properties had submitted the higher bid, for which the reserve price was reportedly set at RM200 per sq foot.
The state government had asked for a request for proposal (RFP) via the Penang Development Corp to develop an initial 24.8ha, which is located south of the Penang Bridge and overlooking Pulau Jerejak.
The RFP comes with the potential to develop an additional 14ha via a future reclamation after the development of the initial 24.8 ha.
Although the deadline for the RFP of the project was set for December 31 2010, it is learnt that the RFP had been recalled and interested parties were asked to re-submit their bids.
SP Setia is currently the only developer without any development projects along Penang's southern corridor where its rivals are present.
This includes Mah Sing Group Bhd, which is planning a mixed-development property project at Batu Maung. Ivory Properties is present via "The View Twin Towers" development in Batu Uban, while IJM Land Bhd had already embarked on its landmark waterfront development of "The Light" close to the Penang Bridge.
In January this year, the Penang state government announced that SP Setia – via subsidiary Eco Meridean Sdn Bhd – had won a RM300 million project to build and operate the Penang International Convention and Exhibition Centre in Relau on the island.
The project was reportedly meant to create a "Penang People's Park" that includes the country's first subterranean Penang International Convention and Exhibition Centre (sPICE), a 2.8ha public park on the rooftop, a refurbished and upgraded Penang International Sports Arena (Pisa), a refurbished and upgraded aquatic centre and a four-star hotel with retail outlets and a spacious parking lot.
It is not known if SP Setia and the state authorities have inked any agreement to firm up this deal.
SOURCE: Business Times
IVORY Property Group’s Moonlight Bay project has received the Best Leisure Development Award at the Asia Pacific Property Awards 2011 in Shanghai.
A record 21 countries took part in the competition this year, which was part of the International Property Awards covering residential as well as commercial categories.
The group’s chief operating officer Datuk Ooi Chin Loo said attaining one of these coveted awards was indisputable evidence that Ivory was capable of beating some exceedingly strong contenders within the highly competitive Asia Pacific property arena.
“It is definitely a boost of confidence for Ivory to continue ‘building a better world for our future generations’ (Ivory’s tagline),” he said after receiving the award from International Property Awards president Stuart Shield at a gala dinner in Shanghai.
Last year, Ivory’s Penang Times Square was also commended for the Best Mixed-Use Development.
Attributing the commendation to several factors, Ooi said Moonlight Bay was equipped with security ser-vices, landscaped greenery, stonework retaining walls, pocket parks and cascading water features.
“It offers residents an ideal sanctuary to enjoy peace and tranquillity away from the city’s hustle and bustle, bringing them closer to nature.
“Its strategic location — in proximity with places of interest like Butterfly Farm, Tropical Fruit Farm, Batu Ferringhi night market, restaurants and pubs — makes it an ideal project for the market,” he added.
Source: The Star
