The requirements to become a housing developer and to get the permit for a housing project will be tightened to ensure only qualified companies are given the approval to develop housing projects.

Housing and Local Government Minister Datuk Chor Chee Heung said the tighter requirements were among the amendments to the Housing Development Act, which would be tabled at the Dewan Rakyat by the year end, to overcome the issue of abandoned housing projects, which had been burdening house buyers nationwide.

“We are aware that there are too many irresponsible housing developers, who, when facing financial problems, will simply wash their hands and stop their projects without any strong reasons and end up being blacklisted.”

He said this to reporters after visiting an abandoned housing project site in Taman Putra Indah, Bercham, here Thursday.

The minister said, in such circumstances, the house buyers would be the ones at the losing end.

Through the amendments, Chor said the ministry would be able to ensure that every approved housing scheme or project would run smoothly according to the sale and purchase agreement signed between the buyer and the developer.

Besides, he said the amendments would also tighten the permit application procedures for housing development and sales.

He said the amendments were proposed after taking into consideration the views and suggestions from various quarters, including the Real Estate and Housing Developers’ Association. – Bernama

Source: The Star

GEORGE TOWN: A Malay-based non-governmental organisation wants the state government to come up with more affordable housing schemes on the island for the community here.

Penang Malay Congress president Rahmad Isahak said the state government’s plan to develop the island into an international-class one, was commendable but it would undeniably affect the economy of the Malays in the state if many were forced to relocate out of their ancestral houses due to rising living costs.

However he did not deny that many residents here could benefit from the rapid development pace as it would create employment opportunities.

“However, the current housing schemes are far from being affordable, especially for the Malays on the island. Only a small number of us can afford to buy homes on the island and even if we can afford them, the majority can afford only low-cost apartments,” he said a press conference here yesterday.

He urged the state government to look into the social and economic welfare of the Malays in Penang.

“There is a strong imbalance in the socio-economic conditions in Penang. Most of the Malay middle-income earners here can afford to buy houses in only Balik Pulau and Seberang Prai,” he claimed.

Source: The Star

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:

• Sanctuary Villa
• Sanctuary Residence
• Sanctuary Ridge
• Sanctuary Row
• Sanctuary Village
• Sanctuary Terrace

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