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Fajarbaru signs MoU to develop medical city in Batu Kawan

Property News/ 28 June 2023 3 comments

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Fajarbaru Builder Group Bhd has signed a memorandum of understanding (MoU) with Penang Development Corp (PDC) to develop a medical city and mixed development hub in Bandar Cassia, Batu Kawan.

“This medical city will represent a milestone in the evolution of healthcare and technology, bringing together brilliant minds, state-of-the-art infrastructure, and a conducive ecosystem for research and development.

“Upon its completion, Medi-City Bandar Cassia will serve as a medical hub providing eco-tourism and global business services with facilities including hospital, medical campus, medical supply hub, corporate suites, rehabilitation centre, retirement village, wellness centre and so on,” chief executive officer Datuk Seri Eric Kuan Khian Leng said in a statement.

He said the group’s goal was to develop a medical city that integrates into the community, contributing to the health, wellness and economy of the surrounding community, while also attracting medical tourists from all over the world.

Ultimately, it aims to promote Penang as a regional and global medical hub, through Medi-City Bandar Cassia.

Fajarbaru said Medi-City Bandar Cassia sits on a 230-acre land. Among other key deliverables, Fajarbaru has agreed to outline the business model, development timeline, funding requirements and the projected gross development value of the development.

As part of the MOU, Fajarbaru will work together with professional consultants and industry experts to conduct a market research and feasibility study, developing a proposal on the technical and financial aspects for the entire development.

Fajarbaru said the MOU is for six months from the date of the agreement, or until the signing of a definitive agreement between Fajarbaru and PDC. The company may request an extension of the MOU for a further three months, subject to PDC’s approval.

Source: TheStar.com.my

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WoodHaven Park – The second night park in Penang

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Inspired by concepts instilled at the Penang City Park and Penang Botanic Gardens on the island, Seberang Perai has a new park called WoodHaven, and it is now officially open to the public!

Located at Jalan Betek in Bukit Mertajam, the park was completed under the guidance of the Penang Stadium Corporation and Open Spaces (SCOS).

Chief Minister Chow Kon Yeow said this project was part of the 68 electoral commitments under the 14th General Election (2018) manifesto.

“I am extremely happy to witness the completion of this park, and as I have said before, this new addition will be a huge boost to improve Seberang Perai’s image by attracting more local and international visitors.

“With the LovePENANG spirit, we have added an important element at this park, which is the ‘Family Lawn’, making it the first recreational park in the state with this new feature.

“This is part of our drive at the state government to ensure such open spaces are given an extra life, instilling important elements to attract and create a platform for families and friends to bond in green surroundings.

“I also understand that this will be regarded as the second night park to ever be built in the state after the first one was successfully established at Taman Areca on the island.

“Thank you Penang Stadium Corporation and Open Spaces and other relevant bodies for all your efforts and time in materialising this initiative here today,” Chow said in his speech at the official launching ceremony of the park in Bukit Mertajam yesterday.

The event was graced by the presence of Penang Governor Tun Ahmad Fuzi Abdul Razak.

It is learnt that WoodHaven Park, which is located on 6.5-acre land, was completed at a total cost of RM2.47 million.

As part of the celebration, a mural painting measuring 218.5 metres in length and 2.1 metres in height was unveiled. The artwork shows a combination of natural and abstract concepts.

Also present during the event earlier were State Secretary Datuk Mohd Sayuthi Bakar, state Social Development and Non-Islamic Religious Affairs Committee chairman Chong Eng, state Youth and Sports Committee chairman Soon Lip Chee, state Welfare and Environment Committee chairman Phee Boon Poh, Chow’s wife Tan Lean Kee, Seberang Perai City Council (MBSP) mayor Datuk Azhar Arshad, Penang Island City Council (MBPP) mayor Datuk A. Rajendran, Komtar assemblyman Teh Lai Heng and SCOS executive director Rashidah Jalaludin.

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Source: Buletin Mutiara

Penang Hill cable car project is expected to take 3 years to complete

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Penang Chief Minister, YAB Chow Kon Yeow, announced yesterday that the global market leader in cable car systems, Doppelmayr, will be responsible for providing the cable car system for Penang Hill. Doppelmayr Group has an impressive track record, having constructed over 86 cable car installations in UNESCO Heritage, Geopark, and Biosphere sites, as well as national parks in various countries worldwide.

Chow expressed confidence in Doppelmayr’s expertise, emphasizing their reputation for reliability, safety, and cutting-edge technology. He believes that with their involvement, the cable car service on Penang Hill will meet the highest international standards. The aim of the project is to create a world-class attraction, adopting a holistic approach.

penang-hill-cable-car-signing-ceremonyThe signing of the concession agreement between Penang Hill Corporation (PHC) and Hartasuma Sdn Bhd yesterday marked an important milestone for the development of the Penang Hill cable car service. Hartasuma, a local pioneer in the rail industry, won the bid for the cable car project in December. Out of the six companies that submitted the Request for Proposal (RFP), Hartasuma was selected. The estimated investment for the project is RM245 million, and it will operate on a 30-year concession period.

The project is projected to take three years to complete and become fully operational. Chow elaborated on the project, highlighting the consideration given to environmental and social factors. Cable cars run on electric power, resulting in minimal noise pollution. The construction process will involve minimal tree cutting, ensuring minimal negative impact on the environment.

Both PHC and Hartasuma are committed to minimizing the number of towers and their footprint in the project’s design and implementation. The concessionaire will adopt green construction methods, employing manual labor for foundation works and using a hand-dug caisson method. These measures, which avoid heavy machinery, will preserve the surrounding greenery and limit on-site clearing. Additionally, no new roads will be built, and the existing jeep track will be used for transportation.

Chow also mentioned that the concessionaire aims to obtain certification under the Green Building Index for the project. Addressing concerns raised by environmental non-governmental organizations (NGOs), Chow assured that the project is mindful of its necessity and will be carried out with minimal environmental impact.

Taman Camellia

Bukit Mertajam/ 26 June 2023 3 comments

taman-camelia

Taman Camellia, a new phase of landed residential development by Toward Asia Properties Sdn. Bhd. at Bandar Perda in Bukit Mertajam. The project is located near Jalan Perda Utara, adjacent to Bandar Perda Lake. It is only a mere minute’s drive to MPSP City Tower, less than 5km to Bukit Mertajam Town Centre. Surrounding amenities within a 2km radius include banks, schools, hospital, eateries and market.

This development comprises 23 units of 2-storey terrace houses, with a typical built-up size of 18ft x 47ft. The indicative selling price starts from RM618,888 onwards.

Project Name : Taman Camelia
Location : Bukit Mertajam
Property Type : Terrace
Total Units: 23
Built-up Area: 1,668sq.ft.
Land Area: 1,259sq.ft.
Indicative Price: RM618,888 onwards
Developer : Toward Asia Properties 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.

Paramount Palmera – Light industrial park by Paramount Property

Bukit Minyak/ 24 June 2023 1 comment

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Now is your chance to seize this incredible opportunity and become the proud owner of one of the limited 58 freehold units at Paramount Palmera. Ranging in size from 3,929 sq. ft. and up, these flexible and adaptable units provide the ideal adaptive space to accommodate your business needs and aspirations.

Experience the freedom to grow and thrive in a space that aligns perfectly with your aspirations. Thoughtfully designed to cater to the demands of modern enterprises, Paramount Palmera is meticulously built with expandable warehousing and a multitude of positive features to accommodate your business growth.

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Situated over an expansive 17.87 acres of prime industrial land, this freehold light industrial development enjoys the added advantage of a strategic location in central Seberang Perai, near Jalan Permatang Tinggi and the well-established industrial address of Bukit Minyak. This makes it the perfect choice for businesses seeking a prime business location.

Join the fortunate few who have already secured their spot at Paramount Palmera. With limited units remaining, act now and acquire your next remarkable business location. Contact us at +6012 501 0733 and elevate your business success at Paramount Palmera today.

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(This information may be used by the developer or their appointed agent to initiate follow-up communications with you on the project.)