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SITE PROGRESS: Eco Industrial Hub (Feb 2023)

Property News/ 14 February 2023 No comments

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About Eco Industrial Hub

A freehold light industrial development by Nexon Property Sdn. Bhd. near Batu Kawan. Strategically located right next to NuConcept New Furniture factory, conveniently connected to Batu Kawan Industrial Park via Jalan Perindustrian Valdor. With only 3 minute’s drive to BKIP, this is one of the very few light industrial projects located within close proximity to the home of many MNCs and Penang 2nd Bridge.

Find out more about Eco Industrial Hub

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Juru-Sungai Dua elevated highway project to resolve traffic woes on mainland

Property News/ 13 February 2023 No comments /中文版

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Efforts will be taken to resolve the traffic woes in Seberang Perai, especially in the Batu Kawan parliamentary constituency.

Chief Minister Chow Kon Yeow said this when he attended the Perai Chinese New Year Open House near Chai Leng Park Market Saturday evening.

“The problem that I often hear is the traffic congestion in Seberang Perai, which causes inconvenience to the residents, especially those living in the Batu Kawan parliamentary constituency.

“I have been appointed as the Penang Development Action Council (MTPNG) chairman, a council which will coordinate the state government, local government and federal government in the implementation of projects.

“Among the projects that have been proposed (concerning the traffic congestion) was the elevated highway project from Juru to Sungai Dua,” Chow said.

Commenting further, Chow said the elevated highway would help to separate the local traffic from the traffic heading towards other states.

“This is an important project, just like the one in Ipoh which separates the local traffic from the traffic heading towards north and south.

“It helps to overcome the traffic woes there.

“I will ensure that the project (Juru-Sungai Dua elevated highway) gets the attention of the Federal government so that it becomes a priority project to rectify the traffic woes in the major part of Seberang Perai.

“If the project is not implemented, it would affect the quality of life of the people as they would be ‘trapped’ in the traffic jams.

“It would also impact the development of the social economy as well as the industry in Penang,” Chow added.

He added that the discussion about the Juru-Sungai Dua elevated highway project has already begun and that he would pursue the matter until it gets approval.

Source: Buletin Mutiara

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Penang expects decision on PSI project’s EIA report after technical meeting next month

Property News/ 11 February 2023 3 comments

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The Department of Environment (DoE) is expected to give its decision on the new Environmental Impact Assessment (EIA) report for the Penang South Islands (PSI) project after the technical meeting next month.

Chief Minister Chow Kon Yeow said the DoE was expected to make its decision after the meeting.

“The meeting will enable DoE to examine all technical reviews and observe all compliances from each agency in the EIA Evaluation Technical Committee.”

It was reported by an English daily that the EIA Evaluation Technical Committee is made up of agencies such as PLANMalaysia, Fisheries Department, Health Department, Irrigation and Drainage Department, Minerals and Geosciences Department, Malaysian Marine Department, Public Works Department, Town and Country Planning Department, Penang Port Commission, individuals appointed with specific expertise, as well as non-governmental organisations.

“This is the final stage before the DoE makes its decision. We had three meetings to discuss the technical reviews in the past. The latest was recent,” Chow replied to a journalist after presenting financial aid to Tamil kindergarten and primary schools as well as Punjabi schools in Penang on Thursday. The aid presentation ceremony was held in Komtar. A total of RM2.39 million was allocated for 28 Tamil schools, 19 Tamil kindergartens, three Punjabi schools, and the special fund of the Tamil school special committee.

Commenting on the PSI project, Chow reiterated that the state would not proceed with its implementation without the EIA approval.

“This has always been our stand and we are sticking to it. The process of obtaining the EIA approval has also been taking a long time,” he said.

The EIA report for the PSI was approved in 2019, before the approval was reversed by the Appeal Board on Sept 8, 2021.

It was reported by an English daily that the Appeal Board’s basis for reversing the approval was because of the contradictions with Section 34A(4) of the Environmental Quality Act 1974, related to development zoning that had not been approved by the Penang state authority at that time. The state government has submitted an updated and more comprehensive EIA report for approval in March last year.

The PSI project off the southern coast of Penang island involves the reclamation and development of three islands covering 1,820ha – namely Island A (930ha), Island B (566ha) and Island C (324ha).

It is designed to fund the Penang Transport Master Plan, which includes the Pan Island Link and Bayan Lepas Light Rail Transit. The PSI project is also seen as a Penang Economic Transformation project, with the aim of creating a robust international service and manufacturing hub.

Chow said the process of obtaining the EIA approval for the PSI was very comprehensive.

“I am not sure if there is any project or state that must go through such a process.

“This (process) can be a ‘model’ for DoE to look at… how the EIA was prepared, and with all the input from the technical agencies.

“We have complied with the requirements of the technical agencies. As long as there are requirements imposed, we comply. That is our principle.

“And I believe a decision can be made by the DoE after the meeting in March,” he said.

Chow said conditional approval (if granted) is normal.

“Usually, approval will come with conditions to comply… before, during and after the implementation of a project,” he added.

Source: Buletin Mutiara

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UPCOMING: Bukit Mertajam / TID Development Sdn. Bhd.

Bukit Mertajam/ 10 February 2023 1 comment

proposed-development-by-tid-development

Proposed development by TID Development Sdn. Bhd. (a subsidiary of Tambun Indah) near Kota Permai in Bukit Mertajam. Strategically located near Jalan Kota Permai, just a few minutes’ walk to SJKC Beng Teik. It is neighboring with an abundance of amenities and easily accessible via Jalan Song Ban Kheng.

This development will feature 75 units of 2-storey terrace houses, to be completed in two phases. Adjacent to Residency Permai gated and guarded housing scheme by the same company.

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

Project Name : (to be confirmed)
Location : Bukit Mertajam
Property Type : Residential
Tenure: (to be confirmed)
Built-up Size: (to be confirmed)
Total Units: 75
Indicative Price : (to be confirmed)
Developer : TID Development 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.

SITE PROGRESS: Wellspring Residences (Feb 2023)

Property News/ 8 February 2023 No comments

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About Wellspring Residences

A high-rise residential development by Airmas Group in Butterworth. Located near Jalan Telaga Air, next to Telaga Emas Apartment by the same company. It is about 500 meters away from the ever-bustling Jalan Raja Uda, and only a 5 minutes drive to Penang Sentral. This development comprises a 21-storey condominium, featuring 144 residential units with built-up sizes ranging from 1,070 sq.ft. – 1,260 sq.ft.

Find out more about Wellspring Residences

Register your interest here to keep yourself updated with future development

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