Iconic’s long awaited property roadshow is finally here! Come and join Iconic this Mother’s Day for more good deals and exciting kids activities!
Upcoming project Iconic Affordable Homes and Commercial Units @ Jalan Rozhan, Alma Penang is now OPEN FOR REGISTRATION! Drop by to Iconic’s booth and register your interest!
Set your reminder and see you there! Date: 10 – 14 May 2023 (Wednesday – Sunday) Time: 10.30am – 10.30pm Venue: Queensbay Mall, G Floor (In Front of Bonia)
The Federal Government will allocate funds for Penang to expedite its Light Rail Transit (LRT) project, says Datuk Seri Anwar Ibrahim.
In a 33-second video posted by Penang DAP on Facebook, the Prime Minister was seen making the announcement during a speech on stage.
“The federal government will add funds in a large scheme to enable Penang to implement its LRT project immediately.
“Within a week or two, we will meet up with the state government to set up the scheme as it involves a large amount of loans that require the involvement of the federal government,” he said.
Earlier, Bayan Baru MP Sim Tze Tzin, in a Facebook post, had hinted about the announcement as a Hari Raya gift for Penang.
“PM Anwar Ibrahim has announced that there will be funds allocated to build the LRT project from Bayan Lepas to George Town.
“The LRT project is expected to solve the traffic congestion problem in Penang,” he said.
The Bayan Lepas LRT project is among the major components of the state’s mega infrastructure project, Penang Transport Master Plan (PTMP).
The Bayan Lepas LRT line will cover a distance of 22km, from Komtar to Permatang Damar Laut, with possible extension into three reclaimed off shore islands on the Teluk Kumbar coast, where there will be an additional eight stations.
Botanic Villa is a new addition to Pearl City township development by Palmington Sdn. Bhd. (Tambun Indah Group). Located next to Pearl Residence and Aster Villa, about 10 minutes drive to the North-South Highway, Batu Kawan Industrial Park and Penang Second Bridge. Amenities within 5 km include Pearl City Mall, GEMS International Schools, SMJK Jit Sin II and several other shops and facilities.
This is a gated and guarded development featuring a mix of 2-storey terrace, semi-detached and 3-storey townhouses. Facilities include community hall and a swimming pool.
2-storey semi-detached (114 units)
2-storey terrace (232 units)
3-storey townhouse (144 units)
Property Project : Botanic Villa Location : Pearl City, Simpang Ampat Property Type : 2-storey terrace, semi-detached & 3-storey townhouse Total Units: 232 (terrace), 114 (semi-detached) 144 (townhouse) Land Area: (refer to floor plan) Built-up Area: (refer to floor plan) Tenure : Freehold Developer : Tambun Indah Group Indicative Price: RM512,000 onwards
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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.
It is one of the three islands under the PSI project which 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.
The PSI project has recently received the Environmental Impact Assessment (EIA) approval from DoE with 71 conditions.
Chief Minister Chow Kon Yeow said the name was in line with the topside development plan for the proposed island, which includes the high-tech industrial park called ‘Green Tech Park’ (GTP) as well as digital technology infrastructure, e-Commerce, and Business Process Outsourcing (BPO) facilities.
“The location of the GTP and BPO is strategic because it is close to the Bayan Lepas Free Industrial Zone (FIZ), Penang International Airport (PIA) and the Sultan Abdul Halim Muadzam Shah Bridge.
“Besides that, the ‘Heart of the Island’ (HOTI) commercial centre will also be set up in a beautiful waterfront area and connected by a network of special waterways. HOTI will be one of the state’s tourist attractions,” he told a media conference at Komtar on Wednesday. He added that the development of Silicon Island could drive the creation of over 460,000 jobs and generate a forecasted Gross Domestic Product (GDP) of RM2.2 trillion in a 30-year time frame.
Chow said Silicon Island’s master plan has successfully obtained a ‘5 Diamonds’ recognition for the Design Category from the Malaysian Green Technology and Climate Change Corporation (MGTC) in the Low Carbon Cities 2030 Challenge.
“Various green initiatives will be developed on Silicon Island to reduce carbon production by up to 45%.
“Among them are to allocate 405 acres of land for the development of public parks, wetlands, floodplains, and bioswales; to plant and grow mangrove forest which has the potential to become a popular recreational area for locals and tourists; to construct water canals and create a blue-green network that enables the implementation of water taxi transport; a 100% usage of renewable energy at GTP; to implement green mobility by creating 110km of bicycle and pedestrian network; to encourage the use of public transport powered by electricity through the implementation of light rain transit (LRT) and electric bus services; and to construct ‘super low-energy’ buildings equipped with efficient cooling systems and smart features.
“Others include implementing sustainable urban planning with climate-responsive design and green characteristics; implementing a dual-function sewage treatment plant, rainwater harvesting, and instal water-saving devices; and implementing recycling programmes, food composting and decomposing processes to reduce wastes in landfills,” he said.
Penang Infrastructure Corporation (PIC) chief executive officer Datuk Seri Farizan Darus said the PSI project is the future development of Penang which would drive the state to remain progressive, attractive to highly skilled talents, competitive, and sustainable.
Farizan also presented some details about Silicon Island during the media conference.
The proposed development of Silicon Island includes land use for industry and Global Business Services (GBS) Belt (700 acres); public spaces, infrastructure and blue-green network (1,042 acres); and housing and commercial (558 acres).
“The targeted sectors for the 700-acre land Green Tech Park allocated for industry and GBS Belt include semiconductor IC Design; software development; embedded systems design; product design and development; high-tech manufacturing: semiconductor and systems product; assembly, testing and packaging; automated test equipment and equipment fabrication; medical devices; and GBS,” Farizan said.
He also spoke about the 405 acres of land for the development of public parks, wetlands, floodplains, and bioswales. They include 110km of bicycle and pedestrian network, 580 acres of land for roads, LRT and Bus Rapid Transit (BRT) corridors, utility reserves, landscape, bus depot and LRT; and 57 acres of land for public facilities such as schools, fire stations and houses of worship.
“As for commercial and housing, some 558 acres have been allocated for that purpose on Silicon Island. The housing includes affordable homes, stratified housing, and landed properties,” Farizan said.
He added that the coastal buffer zone on the perimeter of Silicon Island is flexibly designed to enable long-term coastal adaptation to face excessive sea level rise.
“Contingency measures include a ‘polder’ system (banks of reclaimed land will be raised and increase water storage capacity); weirs; flood gates to prevent the entry of seawater; and pump system to drain excessive stormwater,” he added.
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