AFFORDABLE: Jelutong / Acara Prestasi Sdn. Bhd.
A newly proposed affordable housing development by Acara Prestasi Sdn. Bhd. in Jelutong. Located on approximately 3 acres of land along Lintang Slim, adjacent to Setia Sky Ville by S P Setia which was completed last year. It is just a mere minutes’ drive to Heng Ee secondary school, Penang Free School and Han Chiang College.
The development will see the demolition of the existing landed buildings, for the construction of new skyscrapers in two phases:
- Phase 1: 35-storey affordable housing (288 units)
- Phase 2: 36-storey affordable housing (322 units)
There will be 9 levels of car parking podiums in each building with several shop offices located at the ground level.
The project is still pending approval. More details to be available upon official launch.
READ MORE ABOUT AFFORDABLE HOUSING:
- Full list of affordable housing in Penang
- Eligibility and the requirement of buying affordable housing
Project Name : (to be confirmed)
Location : Jelutong
Property Type : Affordable housing
Tenure: (to be confirmed)
Land Area: (to be confirmed)
Built-up Size: (to be confirmed)
Total Units : 610
Indicative Price : RM300,000 onwards (affordable housing price guide)
Developer : Acara Prestasi Sdn. Bhd.
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DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider, or party in question.
Penang’s developments are lopsided, obviously imbalance and that’s the congestion caused.
@Internation
The infrastructure is very aged and the road is very narrow. Will be interesting to see where the entrance will be.
Setia Sky Ville is already very congested especially during school hours and this will make it worse. Furthermore, for those owner who bought Setia Sky Ville units which are looking into this direction, I think this new building will completely block everything.
I do foresee an oversupply of condo/high-rise around Jelutong and Jalan Perak
May I know where to register?
There will be no oversupply in Jelutong/Jalan Perak FOREVER. Reason being it is the most strategic location for commercial and residential. Situated right in the middle of the Penang Island. Congestion only in greenlane, krystal point, jalan kelawai. Never heard of congestion in Jelutong before. The only problem about this project is the AbuLala developer. Never heard of this developer before.
@CC
Looks like the Penang Gov should rezone many parts of the island to “make the places more vibrant”. For example the northern tip of Teluk Bahang was left to become delapidated with the abandoned Mutiara hotel standing up like a sore thumb ?
The new Singaporean owner wouldn’t even dare to do anything all because they believed that the Penang Gov is “totally not interested” to do just anything there !
Now, maybe simply wait for China to build a port for warships there since it is facing Indian ocean strategically with sole entry point to Straits of Malacca ?
What is the latest density guideline for Pg affordable housing? The last I heard was 143units per acre for 100% affordable unit project. This project is over 200units per acre. (610units in 3acres)
@Internation
Well… Teluk Bahang should stay dead though. We have industrial zone in bayan lepas, government and utilities in Georgetown. And shopping mall in all strategic areas. Why would we want to develop Teluk Bahang that is so far end of the island. Tourist who come by airport or penang bridge wouldn’t want to have the trouble of travelling through just to get to the end of the island. There’s basically nothing there except for monkeys and trees. If you ask me, Straits Quay and Island Plaza is already pretty dead. Don’t even bother mention about Batu Feringghi, moreover, Teluk Bahang.
@MsT
Don’t kau pek kau bo here.
If want to comfortable better stay in mainland.
You have private garden somemore.
In Penang island you want affordable house & demand alot.
You go see the Zen & even more power…
Or buy old apartment la in Macallum low density.
You want new and want low density and want high kalau.
Go sleep in dream then will get. You couldn’t demand in Island unless got cash.
pm please
This sure lose to QuayWest
@WAVANA
No lose. Because can not compare as not in same level category of product. Axia vs Benz..
Interested. Please text me. TQ