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RM23 million approved for redevelopment of Bukit Mertajam market

Property News/ 6 February 2023 1 comment

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The Local Government Development Ministry has announced a RM23 million allocation for the redevelopment of the Bukit Mertajam market, which was gutted in a fire nearly a decade ago.

Minister Nga Kor Ming said works will begin this year and slated for completion by 2026.

He said the redevelopment would be divided into five components — redevelopment of the market place at RM8 million, multi-storey carpark (RM8.5 million), infrastructure upgrade (RM5 million), temporary market place (RM500,000) and the Bukit Mertajam creative centre (RM1 million). For a start, he said, the ministry had approved RM1 million for initial works.

“This market place was built back in the 1960s and razed in a fire in February 2014. It is now in disrepair.

“This follows requests by the Bukit Mertajam member of parliament Steven Sim and state Local Government Committee chairman Jagdeep Singh Deo. The federal government is committed to redeveloping the market and has approved RM23 million for the five components.

“We are not talking about developing it just into another market place, but something similar to Kuala Lumpur’s Central Market, where traders can also sell their creative products there.

“We want to breathe new life to this place and turn it into an icon for Bukit Mertajam. It’s a neighbourhood place where both locals and tourists alike can come together to benefit from this redevelopment project,” he said during a visit to the market this morning.

This was Nga’s maiden working visit to Penang after being appointed as the Local Government Development Ministry. The market serves a population of about 240,000 in the area.

It was previously reported that the supermarket was gutted in a predawn fire in early February 2014. The top floor of the two-storey building in Jalan Pasar was home to the town’s oldest wet market and oldest supermarket. The supermarket was a historical building and had been a symbol of Bukit Mertajam for decades.

Meanwhile, Nga said a competition would also be held where the best design will be used for the redevelopment of the Bukit Mertajam market.

Source: NST Online

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SITE PROGRESS: Terraces Condominium (Feb 2023)

Property News/ 5 February 2023 3 comments

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About Terraces Condominium

A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from.

(Photo taken in Jan 2023)

Find out more about Terraces Condominium

Register your interest here and we will keep you updated.

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Dahlia Garden @ Pearl City

Simpang Ampat/ 3 February 2023 2 comments

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Dahlia Garden is yet another residential component launched at Pearl City township by Tambun Indah in Simpang Ampat. Located adjacent to Ambay Park and Aster Villa, is it just a mere minutes drive to Pearl City Mall, GEMS International Schools, SMJK Jit Sin II and several other shops and facilities.  It is about 10 minutes drive to the North-South Highway and Penang Second Bridge.

This development features a combination of double-storey terrace and semi-detached houses:

  • 2-storey terrace (Type A) – 51 units
  • 2-storey terrace (Type B) – 134 units
  • 2-storey semi-detached – 24

Property Project : Dahlia Garden
Location : Pearl City, Simpang Ampat
Property Type : 2-storey terrace & semi-detached
Total Units: 185 (terrace), 24 (semi-d)
Land Area: 1,200sq.ft. onwards
Built-up Area: 20′ x 37′ onwards
Tenure : Freehold
Developer : Tambun Indah
Indicative Price: (to be confirmed)

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Penang govt aims to deliver more affordable homes by 2030

Property News/ 2 February 2023 9 comments

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State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo has instructed the Penang Housing Board to level up their efforts to deliver 250,000 units of affordable homes by 2030.

This new target has now surpassed the initial aim of delivering 220,000 units throughout the state.

“I will talk about this new target to the Chief Minister soon, and once it is approved, we will get down to business by doubling our efforts to deliver the units.

“Having a roof over our head is a basic necessity, and the Penang government will continue to ensure that every one, especially those in need, will be eligible to have their own homes,” Jagdeep told a press conference that was held in Komtar yesterday (Jan 31).

Separately, Jagdeep said the Housing Selection Process Enhancement Committee (SPEC), since its establishment in 2013, has approved affordable homes for 75,389 applicants, namely for RMM A (31,689), RMM B (13,323) and RMM C (30,377).

In a related development, he also stated that so far based on the current target of achieving 220,000 units of affordable homes, 45,903 units have been built. 18,354 units are in various stages of being built and 76,138 units are in various planning stages.

Source: Buletin Mutiara

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UPCOMING: Bukit Jambul / Dikir Resources Sdn. Bhd.

Bukit Jambul/ 1 February 2023 No comments

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Proposed commercial highrise development by Dikir Resources Sdn. Bhd. at Bukit Jambul. Situated next to Bukit Jambut Indah Lake, with direct access to Lebuh Bukit Jambul and Bukit Kukus Paired Road. It is surrounded by several highrise residential buildings, namely Alpine Tower, Parkview Towers, Lakeside Towers and Jambul Apartments.

This development comprises two 48-storey towers with a wellness concept in its design. It will offer 629 units of wellness suites and 9 levels of car parking podium. Facilities will be located at level 10.

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

Project Name : (to be confirmed)
Location : Bukit Jambul
Property Type : Commercial
Tenure: (to be confirmed)
Built-up Size: (to be confirmed)
Total Units: 629 (wellness suite)
Indicative Price : (to be confirmed)
Developer : Dikir Resources Sdn. Bhd.

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.
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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.