fbpx

Embracing the Green Agenda: Padang Kota Linear Park and Gurney Wharf leading the way

Property News/ 16 May 2023 No comments

linear-garden-upgrading

In a recent Facebook post, State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo reaffirmed Penang’s unwavering dedication to the Green Agenda, especially in light of the pressing climate crisis that affects the entire world. He expressed his enthusiasm for another significant green project, the Linear Park at Padang Kota. This ambitious undertaking involves greening and planting 60 trees of 12 different species on a 0.74-acre site. It is a crucial part of Penang’s broader agenda, which includes ongoing planning for numerous other projects.

He expressed his gratitude to the Mayor, assemblymen, and the Exco for Tourism for their support in launching this significant endeavor, with a completion date set for October.

Jagdeep also mentioned that the first phase of Gurney Wharf, which is expected to open in July this year, will feature a public park open to all Malaysians and visitors from around the world. It is an exciting development that will see the planting of 1,500 trees representing 20 different species.

The Green Agenda reflects Penang’s proactive approach to address environmental concerns and foster sustainable development. The Linear Park project at Padang Kota exemplifies their commitment to creating green spaces within urban areas, promoting biodiversity, and providing the public with tranquil natural environments. As Penang takes bold steps to implement these initiatives, it sets an example for other regions to prioritize environmental preservation and work towards a greener and more sustainable future.

UPCOMING: Bukit Mertajam / Marvellous Land Sdn. Bhd.

proposed-development-marvelous-sdn-bhd

A proposed landed residential development by Marvelous Sdn. Bhd. near Bandar Perda in Bukit Mertajam. Strategically located near Jalan Permatang Rawa, just a stone’s throw away from SMK Permatang Rawa. It about 5 minutes’ walking distance to Bukit Mertajam KTM station, less than 10 minutes’ drive from Penang Bridge.

The development consists of a total of 25 landed housing units:

  • 2-storey terrace houses (20 units)
  • 2-storey semi-detached (4 units)
  • 2-storey bungalow (1 unit)

This project is still pending approval. More details to be available upon official launch.

Property Project : (to be confirmed)
Location : Bandar Perda, Bukit Mertajam
Property Type : 2-storey terrace, semi-detached & bungalow
Total Units: 20 (terrace), 4 (semi-detached) 1 (bungalow)
Land Area: (to be confirmed)
Built-up Area: (to be confirmed)
Tenure : (to be confirmed)
Developer : Marvellous Land Sdn. Bhd.
Indicative Price: (to be confirmed)

Subscribe here for updates on this project and other property news

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.
LOCATION MAP

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.

SITE PROGRESS: Ferringhi Hills (May 2023)

Property News/ 14 May 2023 No comments

ferringhi-hills-siteprogress-may2023-4

About Ferringhi Hills

A landed residential development within the established township of Batu Ferringhi. It is located along Persiaran Sungai Emas 1, only 10 minutes walk to Ferringhi Beach. It will feature a mix of 3-storey terrace (with lower-ground level) and semi-detached, bungalow houses, to be constructed in two phases.

Find out more about Ferringhi Hills

Register your interest here for updates on this project and other property news.

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.

The Skyline

Paya Terubong/ 12 May 2023 9 comments

the-skyline-paya-terubong

The Skyline, yet another residential development by PLB Land at Paya Terubong. Part of the Skynet City township development located along Jalan Paya Terubong. It is adjacent to Majestic Heights, just a stone’s throw away from the new Jalan Bukit Kukus paired road.

This 34-storey condominium development will consist of 290 residential units, with unit sizes ranging from 750 sq.ft. for 3-bedroom units up to 1,950 sq.ft. The development offers 7 different layout types, including some that are classified as affordable housing, with selling prices starting from RM199,900.

Project Name : The Skyline
Location : Paya Terubong, Penang
Property Type : Affordable housing & condominium
Built-up Size: 750sq.ft. – 1,950sq.ft.
Land Tenure: Freehold
Total Unit: 290
Indicative Price : RM199,900 onwards
Estimated Completion: March 2028
Developer : PLB Land Sdn. Bhd.

(This project first appeared in Penang Property Talk on 15/03/2018)

Subscribe here for updates on this project and other property news

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.
LOCATION MAP

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 South Islands project scaled down to one island – Silicon Island

penang-silicon-island-masterplan

The Penang government has decided to scale down the Penang South Islands (PSI) project, from the proposed three islands to only one island.

The PSI project has received the Environmental Impact Assessment (EIA) approval from the Department of Environment (DoE) with 71 conditions. The approved EIA was for the entire PSI project involving the reclamation of three islands – Islands A, B and C.

The tri-islands (Islands A, B and C) will be located at the south end of Penang island, measuring a total of 4,500 acres in land size. Island A will be 2,300 acres in size, Island B 1,400 acres and Island C 800 acres.

Chief Minister Chow Kon Yeow, in a media conference today, shared that the PSI project would be scaled down to only one island – Island A, which is named recently as Silicon Island.

Islands B and C will not be implemented.

“This is following Prime Minister Datuk Seri Anwar Ibrahim’s announcement on May 6 that the Federal Government will provide additional funds to assist the Penang government in expediting the construction of the George Town-Bayan Lepas light rail transit (LRT) project, considering the concerns of various parties regarding the proposed development of Silicon Island under the Penang South Islands (PSI) project.

“The Prime Minister has requested the state to review and reduce the scope of the PSI project. The state government has made several approaches in response to the request,” Chow told a media conference in Komtar this morning.

Chow said that with the announcement, the PSI project would be reduced by 49%.

“The sole island for the PSI project, Silicon Island, will be implemented in two phases, with a total period of 10 to 15 years of reclamation works.

“The first phase of the implementation, about 1,300 acres in size, will include the LRT depot which is expected to take approximately seven to 10 years to complete. The first phase of PSI will hardly have any effect on fishermen who go out to sea.

“The second phase of Silicon Island will involve the reclamation of 1,000 acres,” he said.

Impact of scaling down the PSI project

Chow said, according to the master agreement, the Penang government and SRS Consortium had agreed to sign separate agreements to implement various components of the PSI project.

“And so far, only the agreement involving Island A (Silicon Island) has been signed. So, the Penang government does not need to compensate SRS Consortium for scaling down the PSI project to just one island.

“Secondly, the approved EIA for the PSI project is also not affected by the scaling down of the PSI project,” Chow said.

SRS Consortium project director Szeto Wai Loong said the expected reclamation cost of Silicon Island was RM6 billion; while the estimated cost for common infrastructure was RM2.5 billion.

“We create late parcels to be auctioned to the highest bidder and the successful bidder will develop their land parcels. We are not the end developer for this.

“We (SRS Consortium) and the state’s Penang Infrastructure Corporation (PIC) are the master developers. We make sure the other developers (successful bidders) comply with what has been approved in the Silicon Island master plan,” he explained the model for Silicon Island.

Chow explained further, stating that the state government and SRS Consortium would not be involved in the topside development of the to-be-reclaimed Silicon Island.

“Our responsibility is to reclaim and prepare the island with facilities, enabling it to function. Examples of facilities are roads, 5G telecommunication networks, irrigation and drainage system, water supply, the promenade, and others.

“We will also control the land use and zonings on Silicon Island. Meanwhile, successful bidders complying with the requirements will be developing the land on Silicon Island.

“For example, a successful corporation may invest in a piece of land on Silicon Island, builds a factory, and creates 3,000 job opportunities for Penangites. That could be the return (investments and job opportunities) we get from Silicon Island,” he said.

Chow said, at this point, the Penang government would not be involved in financing the cost of reclamation and common infrastructure of Silicon Island.

Meanwhile, with the scaling down of the PSI, fewer fishermen would be affected.

“There will only be 115 fishermen from Permatang Tepi Laut unit (facing the Silicon Island reclamation site) who will be directly involved; as compared to 496 fishermen (from four fishermen units) previously when all three islands were to be developed,” Chow said.

Source: Buletin Mutiara