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Mertajam Heights

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Mertajam Heights, a residential development by Crystal Faber Sdn. Bhd. in the heart of Bukit Mertajam. Strategically located along Jalan Ciku, immediately opposite Ng Yam Huat food court with an abundance of essential amenities within 2km radius. Neighboring communities include Sunway Wellesley, Aston Acacia and Aston Park East.

The development features a 21-storey apartment building that offers a total of 278 residential units and 4 levels of car park. The residential units come in various sizes, ranging from 1,000sq.ft. to 1,498sq.ft. and offer a dual-key option. Additionally, there are 8 retail units located on the ground level.

Project Name : Mertajam Heights (also known as Residensi Puncak Mertajam)
Location :
 Bukit Mertajam
Property Type : Condominium
Total Units: 278 (residential)
Built-up Size: 1,000sq.ft. – 1,498sq.ft.
Indicative Price: RM465,000 onwards
Developer: Crystal Faber Sdn. Bhd. (MB World Group)

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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.

Maxis partners Ideal Property to provide fibre connectivity to residential and commercial projects

Property News/ 7 April 2023 No comments

Maxis IPG MoU Signing

Maxis has partnered with Ideal Property Group, a market-leading property developer in Penang, to bring fibre connectivity to homes and businesses. With this partnership, Maxis is leveraging its own fibre build to deliver a superior internet experience and attractive fibre propositions to mixed developments in Penang Island and Butterworth.

As part of the agreement, Maxis will design, supply, and install the telecommunications infrastructure for fixed services in 12 commercial and residential projects comprising 12,000 business premises and homes. The partnership represents Maxis’ on-going collaboration with property developers in the country in providing high speed broadband and connectivity solutions.

“As a leading converged connectivity provider, Maxis is pleased to partner with Ideal Property Group. Through our own fibre network, capabilities and attractive propositions, there are immense possibilities for digital services for more homes and businesses,” said Claire Featherstone, Acting Chief Enterprise Business Officer, Maxis.

“Connectivity today has become such an essential part of our lives and work, and we are committed to developing more connected homes and townships to meet the digital lifestyles of our customers. Maxis’ capabilities in network infrastructure and services will certainly add value to our townships and the partnership is an important step towards realising our vision of becoming a world-class property developer,” said Tan Sri Datuk Alex Ooi Kee Liang, Executive Chairman, Ideal Property Group.

Penang Technology Park@Bertam and Penang International Exchange 1 & 2 are among the commercial developments where Maxis will be one of the main connectivity providers under the agreement. The former is slated to bring in potential investors for industries such as semiconductors, medical devices, aerospace and others.

Maxis has been seeing good traction of its fibre propositions and consistent growth of fibre connections. quarter on quarter. As at FY2022, it has 669k home connections, and has further expanded its broadband access connectivity through wider deployment to underserved areas. Maxis also builds fibre networks for enterprises and offers a wide range of business fibre connectivity solutions for a truly converged experience. Through its fiberisation plans, Maxis will also enable future possibilities for smart solutions applications across various industries.

Tek Seng to acquire another three parcels of land in SPT

Property News/ 6 April 2023 No comments

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Tek Seng Holdings Bhd’s subsidiary, Wangsaga Industries Sdn Bhd (WISB), has recently entered into two separate sale and purchase agreements (SPA) to acquire three parcels of freehold land in Penang for a total cash consideration of RM33.96 million. The polyvinyl chloride (PVC) sheeting manufacturer announced the acquisition in a filing with Bursa Malaysia.

WISB has inked a SPA with Bagan Specialist Centre Sdn Bhd to acquire a land parcel in Seberang Perai Tengah for RM26.98 million, while another agreement has been made with Tan Chong Siang Sdn Bhd to buy two parcels of land in Seberang Perai Tengah for RM6.98 million.

Tek Seng stated that the purchase consideration would be funded by internally generated funds and/or bank borrowings. The acquisition is consistent with the company’s strategy of acquiring land banks near its current factories for potential investment and expansion purposes.

Tek Seng had purchased adjacent land parcels in 2021, and with the newly acquired land, the company’s total land holdings in that area will be 14 hectares.

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Outrage over 5-storey building plan at back of Penang’s oldest market

Property News/ 5 April 2023 1 comment

the-campbell-street-market-pic

In a move that has outraged heritage activists, the Penang Island City Council (MBPP) has approved plans for a five-storey building behind a 122-year-old market, the oldest in the city.

The Campbell Street market redevelopment project will include shophouses, parking lots and “studio rooms” to be built by the council itself. Public records show planning approval was given by the council in 22 days.

In its planning application submitted in February 2022, MBPP also proposes to “restore and retain” the front portion of the market. The council, in an immediate reply, said it would await Unesco’s feedback before proceeding with the project.

The decision has been met with opposition by George Town Heritage Action’s Mark Lay. He said the back portion of the market was an extension built in the mid-1900s, but currently not in use.

“While there might not be any use for it now, everything is sacrosanct,” he said. “It is unnecessary to have a five-storey building there, it is ridiculous.”

Lay said it was also shocking that the development site had been carved out as a Category II heritage site under the draft George Town Special Area Plan (SAP) and replaced with an “infill” or an earmark for possible redevelopment.

“It is upsetting that this was delisted, and a project is about to take off without any discussion with stakeholders. Unesco should take a look at the site before anything is built,” he said.

State heritage commissioner Rosli Nor said that based on the draft George Town SAP, the back portion of the market has been allowed for redevelopment, so as to improve the character of the site.

In a text message, he said the International Council on Monuments and Sites, which advises Unesco on World Heritage Site matters, will look into the proposed development.

Meanwhile, an MBPP spokesman said a technical review panel had approved the project last year, which included the restoration of the Campbell Street market.

“The development proposal has been referred to the national heritage department, which will consult the Unesco World Heritage Centre for further comment,” the spokesman said.

The Campbell Street market was built in 1901 on the site of an old Malay cemetery, known as “Hutan Mayat”. The cemetery was situated at the edge of the land that was provided to the Indian Muslim community for the construction of the Kapitan Keling Mosque in the 1800s.

The city council bought over cemetery land belonging to the mosque to build the market and a police station at the cost of 21,000 Straits dollars, a council handout from 2016 showed. The cemetery land was replaced with a piece of land at Perak Road. The central police station still stands behind the market today.

At the centre of the market lies the tomb of Sheikh Mustafa Wali of Afghanistan, a preacher and patron saint of poulterers. The British encountered trouble relocating the tomb and decided to keep it there enclosed in the walls. The site remains a Category I listed heritage.

The Campbell Street market was previously known as the Carnarvon Street market, as it was between the two streets. It is the second market in the city centre, after Chowrasta about 1km away.

Source: FreeMalaysiaToday.com

Blossom Suites

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Blossom Suites is a mixed development by Kobay Development Sdn. Bhd., located in the highly sought-after Tanjung Bungah area. Strategically situated along Jalan Tanjung Bungah, in front of The Waterfront Condominium, it is just a short drive away from the famous tourist belt of Batu Ferringhi.

The development will comprise a 42-storey building with two serviced residence towers, offering a total of 412 residential units and a 10-level multi-storey car park. The units range from single-bedroom units, measuring 636 sq.ft., to dual-key 3-bedroom units, measuring 1,506 sq.ft.

Project Name: Blossom Suites
Location: Tanjung Bungah
Property Type: Serviced residence
Built-up Size: 636 sq.ft. – 1,506 sq.ft.
Total Units: 412
Indicative Price: RM750,000 onwards
Developer: Kobay Development Sdn. Bhd.

(This project first appeared in Penang Property Talk on 29/10/2016) 

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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.