The Penang Island City Council (MBPP) will call for Request For Proposal (RFP) through build-operate-transfer (BOT) arrangement for a public market complex and an affordable housing project in Teluk Kumbar.

MBPP councillor Abdul Latif Mohamad, who is the council’s alternate chairman for housing development, said the RFP is for the planning, construction, management and maintenance of a public market complex and an affordable housing development on Lot 908, Mukim 9, Jalan Teluk Kumbar.

“The land area is 4.371 acres. The land was bought by MBPP in 2017 at a price of RM18.6 million.

“The main purpose of calling for RFP is to optimise development on land owned by MBPP in addition to upgrading public facilities and quality of life for residents in the area,” Abdul Latif told a press conference in Teluk Kumbar today.

He added that the implementation of the project would incorporate sustainable development goals which is also in line with the Penang2030 vision for a ‘Family-focused, Green and Smart State to Inspire the Nation’.

For that, he said MBPP would like to invite developers who are interested to make an RFP offer through BOT arrangement.

Abdul Latif added that the successful tenderer would be given the right to develop and sell the affordable housing units with a 99-year state lease.

He said the successful tenderer would also be required to build, manage and maintain a public market complex for residents in the Teluk Kumbar area.

He said a RFP advertisement would be out on Sept 6, the sale of the documents from Sept 7 and the closing date for submission is on Nov 8, 2021 (12 noon).

Also present at the press conference was MBPP secretary Datuk Addnan Mohd Razali.

Proposed project location

Source: Buletin Mutiara