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More low-cost units soon

Property News/ 5 September 2014 Leave a comment

THE Penang Development Corporation (PDC) has called for a Request For Proposal (RFP) for the construction of low-cost flats and a mixed develop-ment project on a 5.2ha plot in Ujung Batu, Bagan Dalam in Butterworth.

The project will comprise not more than 600 units of low-cost flats with a minimum size of 650sq ft (60.39sq m) each on 1.6ha, while the remaining 3.6ha could be developed into a mixed-development project deemed suitable by the developer.

PDC, the state government’s investment arm, was appointed by the Chief Minister Incorporated, which is the registered proprietor of the RM25mil plot, to manage the land development.

Chief Minister Lim Guan Eng, who is PDC chairman, said the projected gross development value for the project was RM382mil.

He said the project would provide an impetus that would transform the area into a lively, modern residential enclave in north Seberang Prai.

He said the flats must be provided with the stipulated finishes as well as facilities such as closed-circuit television cameras and electronic access cards for the entrance gate and lifts.

“There must be floor tiles for the toilet, kitchen and living room, and wall tiles for the toilet and kitchen. The facade treatment must reflect high-end finishes.

“Facilities within the development must include two futsal courts and a community hall that can accommodate at least four badminton courts,” Lim told reporters at the PDC office in Bayan Baru yesterday.

He said the land title was for leasehold of 99 years subject to conditions and restrictions in interest to be imposed by the state.

Lim said there were currently 314 squatter houses in the area, adding that each squatter family would be provided with a free low-cost unit.

“It is always our effort to upgrade and provide better housing facilities for the squatters in Ujung Batu,” he added.

Lim said the RFP tender documents could be obtained from the PDC office from 8am to 4.30pm.

The deadline for submission is before noon on Nov 3.

Source: StarProperty.my

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  1. Ah Chai
    September 5th, 2014 at 16:38 | #1

    lai..lai..lai..don’t sapu this low cost unit, leave it to people who unafford to buy highest price property!

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