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Retail centres, not shopping malls

Property News/ 17 August 2011 No comments

UNIQUE retail centres should be introduced in heritage buildings as a way to modernise them, according to a French expert who specialises in city and cultural development.

“I encourage small independent businesses that promote local culture and sell meaningful goods and services where a balanced blend of traditions and contemporary creati-vity is the key,” said Sali Sasaki.

In an e-mail to clarify her statement in StarMetro North on Aug 8 titled ‘Heritage appeal with a twist’, she said her idea of retail in George Town was an opposite model from that of shopping malls.

“Therefore, designers have an important role to play in this context to strengthen George Town’s identity as a cultural place as well as establishing the area as a strong asset within the country and the region,” she added.

Source: The Star

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Pressure piling on builders

Property News/ 16 August 2011 2 comments

BALIK PULAU: Penang Barisan Nasional is now claiming that the DAP-led state government is piling on the pressure on developers here by demanding that they contribute more funds to Penang.

This has inadvertently led to the rise in property prices as the builders have to pass on the additional costs to the buyers, Penang Barisan working committee chairman Datuk Dr Teng Hock Nan said.

Dr Teng claimed that the state also ?arm twisted? the developers to maintain and to landscape open grounds, beautify roundabouts as well as to conduct more corporate social responsibility (CSR) programmes.

As a result, he said, house buyers were charged higher prices as the developers had to spend extra to meet the state?s requests.

?This state policy is burdening the rakyat. The prices of houses today are definitely beyond the reach of many, especially those from middle down to low-income groups,? said the former state executive councillor.

?The costs of maintaining open spaces should be borne by the local authorities, not developers.?

Dr Teng said Penang?s property prices had recorded an average increase of between 50% and 100% over the last three years because of the state policy and consent to the increase in land premium charges.

The state government is reportedly charging developers a premium of RM40,000 for each low-cost housing unit not constructed in a given quota.

This is much higher than the RM8,000 penalty imposed by the former government for each unit.

Dr Teng noted that market prices of condominium units in 2008 were RM250 to RM300per sq ft, but the rate is now RM350 to RM600per sq ft,

?Whereas the terrace house price in 2008 was RM400,000 to RM550,000 per unit, it is now RM700,000 to RM1.4mil per unit.?

?The state is also imposing development charges of RM5 to RM15, which is three times higher,? he said before leading a Barisan walkabout at a Pasar Ramadan here yesterday.

Present were Bukit Gelugor MCA division deputy head and state Barisan working committee treasurer Loh Nam Hooi, Penang Barisan Information head Datuk Dr Loga Bala Mogan as well as state Umno liaison deputy chairman Datuk Musa Sheikh Fadzir and Teluk Bahang assemblyman Datuk Seri Dr Hilmi Yahya.

Penang Rehda chairman Datuk Jerry Chan Fook Sing, commenting on the claims, said the previous state government had also asked developers to make similar commitments.

He said many developers were willing to play their part in the CSR programmes voluntarily such as to adopt roundabouts and beautify open grounds.

?The main factor in the rise of housing prices is the jump in land prices of between 100% and 200%.?

Penang Town and Country Planning, Housing and Arts Committee chairman Wong Hon Wai could not be reached for comment.



SOURCE: The Star

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Shineville Park

Shineville Park, a 40-Storey Skyscraper, consists of 299 exclusive units with typical unit approximately 1,650 sq ft. To live like never before, finely detailed exquisite condominium brings dream into reality which a harmony living place where truly called home.

Property Project : Shineville Park
Location : Lebuhraya Thean Teik, Penang
Property Type : Condominium
Tenure : Freehold
Built-up Area: 1,300 sq.ft. – 3,350 sq.ft.
Total Units : 299
Developer : Jiran Bina Sdn. Bhd. (OHM Group)
Contact No: 04-227 7487
Indicative Price: RM 366,000 onwards

 

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Shineville Villas

Shineville Villas is an exclusive 3-storey terrace which moves towards comtemporary living lifestyle. Total of 91 units are based on approximately 3,000 sq ft total built up through extraordinary for you to discover the uniqueness of yourself. Ease off your mind and soul in a place where harmonics and luxuries of life can be recognized. Here, whereby a place to celebrate your energetic lifestyle, for a better tomorrow living.

Property Project : Shineville Villas
Location : Lebuhraya Thean Teik, Penang
Property Type : 3-storey Terrace
Tenure : Freehold
Land Area: 1,367sq.ft. – 3,111 sq.ft.
Built-up Area: 2,854 sq.ft. – 3,000 sq.ft.
Total Units : 91
Developer : Jiran Bina Sdn. Bhd. (OHM Group)
Contact No: 04-227 7487
Indicative Price: RM 890,000 onwards

 

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By The Sea @ Batu Ferringhi

Batu Ferringhi/ 14 August 2011 27 comments

By The Sea, a luxury condominium development located on a quiet stretch of Penang’s most famous – Batu Ferringhi beach. 3 blocks of low-rise suites (6 to 12 storeys) comprising of 138 units. It is strategically located along Jalan Batu Ferringhi within 5 minutes walking distance to Hard Rock Hotel.

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Click for more details

Concept
The communal pool with uninterrupted view of the sea front creates the ultimate visual of a ‘by the sea residences’, with almost 90% of the units having a vista of the horizon. Backing the development is the famous Penang Hill, which the development offers some units an uninterrupted hill view.

Facilities 

  • 30m Swimming Pool
  • Children’s wading pool
  • Children’s playground
  • Guppy pond
  • Jogging track
  • Designated BBQ area
  • Series artwork collection
  • Designer landscape throughout the development within seating area
  • Porte cochere
  •  A separate commercial building with a F&B outlet

Composition

  • Block A1 – 6-Sty – 16 Units
  • Block A2 – 9-Sty – 28 Units
  • Block A3 – 12-Sty – 42 Units
  • Block B – 10-Sty – 28 Units
  • Block C – 8-Sty – 24 Units

Sizes 

  • Garden units @ 1,548sf – 1941sf (16 Units)
  • Typical units @ 1,037sf – 1,250sf (104 Units)
  • Penthouse @ 2,215 sf – 3,012 sf (18 Units)

Features of overall development: 

  1. Sits on approximately 4.7 acres prime freehold land.
  2. Located on a quiet stretch of Penang’s most famous – Batu Ferringhi beach.
  3. 90% of the units enjoying a fantastic view – unobstructed Straits of Penang view, pool view and Batu Ferringhi Hill view.
  4. Raised pool deck forms the new elevated platform of community activity which gives a new sense of space that is private, safe, offering a better view and easy connection to units. Residents able to enjoy sunset scenery within a private enclosed space.
  5. Beneath the deck houses a shelter carpark that is out of sight from the point of entering the development serves as an environment response to our tropical climate.
  6. Direct access to the beach from pool deck.
  7. Penthouse units have its own roof decks to enjoy the open sky and the sea view.
  8. The development surrounded by meticulous landscaping features of gardens, extended sand zones, outdoor paved function areas, kids play site, the river edge dry and wet landscape, the fronting entrance garden courts and the running track around.

Unit features : 

  1. Every unit has its own 4ft deep balcony to further extend the interior space.
  2. Built-in kitchen cabinets with sink, cooker hob and hood
  3. Refrigerator, microwave oven, washing machine and dryer
  4. Air-conditioning to living/dining, master bedroom and bedrooms
  5. Rain shower and hand held shower for master bathroom
  6. Audio intercom system
  7. Hot water supply to master bathroom, bathroom and kitchen
  8. Card access for the suites

Amenities : 

International School & University 

  • International School of Penang (Uplands) 600 m
  • Dalat International School 7.6 km
  • Tenby International & Private School 13.0 km
  • Universiti Sains Malaysia 26.7 km

Hypermarket & Shopping Malls 

  • Tesco, Tanjung Seri Pinang 11.0 km
  • Gurney Plaza 11.9 km
  • Queensbay Mall 28.2 km
  • To Tanjung Bungah 6.2 km
  • To George Town 26.0 km
  • To Penang International Airport 35.0 km

Hotels (walking distance) 

  • Hard Rock Hotel 5 mins
  • Shangri-La’s Rasa Sayang Resort & Spa 10 mins

Location : Batu Ferringhi, Penang
Property Type : Luxury Condominium
Built-up Area: 1,037 sq.ft. – 3,012 sq.ft.
Total Units: 138
Indicative Price: RM1,200 psf onwards
Developer : Crescent Consortium Sdn Bhd. (SDB Properties)

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