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Penang proposes to MoF prioritizing 10 projects for national Budget 2023

Property News/ 6 September 2022 No comments

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Penang government has proposed a total of 10 priority projects in the state to be considered by the Ministry of Finance (MoF) for the national Budget 2023.

Chief Minister Chow Kon Yeow said these 10 priority projects, with an estimated cost of RM2.27 billion, could have a major impact on the development of the state.

“Among the proposals are the Pan Island Link 1 (PIL 1) project – Phase 1A, to upgrade a two-lane single road to a four-lane dual carriageway on federal route FT006 from Bayan Lepas to Teluk Kumbar, the urban renewal study involving Rifle Range Flats (Phase 1), proposed construction of eco-friendly bicycle lanes (Ecodeck) along the coastal areas from Flamingo Hotel, Tanjung Bungah to Shangri-La Rasa Sayang Resort in Jalan Batu Ferringhi; and a health clinic (Type 2) (compact) Mak Mandin (replacement), Seberang Perai Utara with 42 units of class D, F and G integration quarters.

“Others include a construction of a replacement building for block B, pre-school, special rooms and other facilities in Sekolah Kebangsaan Mengkuang, Sanglang Flood Mitigation project (RTB Sanglang) in south Seberang Perai, the proposed construction of a ‘Cliff Walk’ bridge structure that connects two heritage bungalows, namely the Keretapi Bukit Bendera (KBB) bungalow and the Edgecliff bungalow in Penang Hill; and the upgrading project of the Penang Stadium in Batu Kawan.

“In general, all of these projects are very crucial and necessary needed by the state government because they will be a catalyst to achieve the Penang2030 vision of ‘A Family-Focused Green and Smart State that Inspires the Nation’.

“Thus, I hope the MoF will consider all the 10 priority projects that are presented today and approve the funds in the national Budget 2023,” Chow told Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz during an engagement session on the national Budget 2023 in Komtar on Saturday.

Zafrul said the MoF would consider all the 10 priority projects proposed by the Penang government to be included in the national Budget 2023.

“However, the priorities will be given to the health clinic, quarters’ project, and schools that need funds for repair and flood mitigation projects as they are in line with our Budget 2023 objectives.

“Nevertheless, we are committed to preparing a Budget that reflects the pulse of the people and for the benefit of the people,” he said.

Chow also thanked Zafrul and his delegation for being willing to have an engagement session with every state to get views and suggestions at the grassroots level, especially from the people, local industrial sector, as well as the state government.

“This is a good initiative to prepare a comprehensive Budget 2023 that will benefit the people as a whole.

“And also to ensure that the state’s development agenda is in line with the country’s development agenda.

“Thus, I hope that such approach will be continued in the future as the state government will continue to cooperate for the progress and well-being of all Penangites,” he said.

Source: Buletin Mutiara

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Aspen Group unveils upcoming project in Aspen Vision City

Property News/ 6 September 2022 1 comment

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The masterplan developer in Batu Kawan, Aspen Group, will be unveiling an upcoming project named Versa in Aspen Vision City.

With a price range starting from RM350,000 for its residential units, Versa offers comfort living at an affordable price tag and gives everyone the opportunity to own their first home. The residential units in the development come in two sizes, one is 703 sq. ft. (with or without a balcony) which features two bedrooms, and the other is 868 sq. ft. which features two bedrooms and a private terrace.

The President and Group Chief Executive Officer of Aspen Group, Dato’ M. Murly, is confident that this development will benefit homeowners massively due to its affordability.

The development will consist of two blocks of residential units with nine commercial units and various facilities including a leisure pool, a games court, a gym, a skating rink, a BBQ garden, a reflexology garden, and a multipurpose hall, among others.

“We aim to satisfy the lifestyle needs of residents by including a wide array of facilities in Versa,” Dato’ M. Murly explained.

Strategically located in the bustling metropolis of Aspen Vision City, Versa owners will be within walking distance to IKEA Batu Kawan and Klippa Shopping Centre. Also within its immediate radius are Columbia Asia Hospital – Batu Kawan, Penang Design Village, Peninsula College, UOW Malaysia Penang University College as well as Batu Kawan Industrial Park. Versa is a mere 1km drive away from Klippa Drive-Thru, which offers various F&B drive-thru options such as McDonald’s, KFC, Tealive, A&W, Coffee Bean & Tea Leaf, Kenny Rogers Roasters and Starbucks.

Versa is therefore, a good investment that promises viable returns and is a smart first step for aspiring real estate owners.

Touted as the best address in the North, Aspen Vision City boasts as a prominent township in Batu Kawan and strives to meet the state’s vision to develop Northern Region’s first smart eco-city. Aspen Vision City is filled with vibrant opportunities and lifestyle developments that befits its GBI-certified status as the region’s eco-metropolis. Jointly planned and developed by Aspen Group and IKANO Retail, the Aspen Vision City master plan is part of an exciting new ecosystem that will link more than six million people within its immediate catchment area. There are already many Fortune 500 companies located here that are attracting a large number of professionals to its research and development hub. Aspen Vision City brings together all the comforts of modern living in a place where business is thriving.

You can contact Aspen Group to find out more information at the website www.aspen.com.my.

Versa

Batu Kawan/ 5 September 2022 13 comments

Versa, a condominium development by Aspen Group at Batu Kawan. Located adjacent to Vivo Executive Apartment, this development will enjoy the benefit of being near to the upcoming Klippa Shopping Centre and Central Island Park.

The development will consist of two blocks of skyscrapers with nine commercial units. It offers various facilities including a leisure pool, a games court, a gym, a skating rink, a BBQ garden, a reflexology garden, and a multipurpose hall, among others. 

The residential units in the development come in two sizes, one is 703 sq. ft. (with or without a balcony) which features two bedrooms, and the other is 868 sq. ft. which features two bedrooms and a private terrace. Indicative price starts from RM350,000 onwards.

Project Name: Versa
Location:
 Aspen Vision City, Batu Kawan, Penang
Property Type: Condominium
Built-up Size: 703 sq.ft and 868 sq.ft.
Land Tenure: Freehold
Indicative Price: RM350,000 onwards
Developer: Aspen Vision City Sdn. Bhd. (Aspen Group)

Register your interest here

(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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SITE PROGRESS

HARRIS Sunshine Penang in Ayer Itam to be ready by 2nd half of next year

Property News/ 5 September 2022 No comments /中文版

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Crimson Omega Sdn Bhd and Ascott International Management (Malaysia) Sdn Bhd joined forces to develop the Harris Sunshine Penang hotel at Sunshine Central in Ayer Itam.

Crimson Omega chief executive officer Cynthia Hwang said Sunshine Central is a mega project which consists of a retail mall, office tower, hotel, service apartment and wellness centre.

Hwang said the three-star hotel is part of the mega project which will have at least 289 rooms and it is expected to be completed by the end of 2023.

“The construction is almost 86 per cent complete and we are looking to open it very soon. Ayer Itam residents can look forward to better employment, less work travels and more business opportunities,” she told the reporters during the management agreement signing ceremony between Crimson Omega and Ascott International Management (Malaysia) here on Friday.

Hwang said the community stands to benefit from this development as this mega project will offer over 3,000 job opportunities.

The Ascott Ltd managing director and head of business development Mak Hoe Kit said the hotel is built at a strategic location as it is only a few minutes away from tourist landmarks such as the Kek Lok Si Temple and Penang Hill rail station.

“Harris’ concept is to provide a fresh, vibrant and fun environment, with an emphasis on well-being and keeping fit for on-the-go travellers,” he said.

Mak said that with over 33,000 square feet of ballroom space, Harris Sunshine Penang is set to be one of the largest Meetings, Incentives, Conferences and Exhibitions (MICE) hotels in Penang to target the anticipated influx in demand from corporates, weddings and events.

Source: Bernama

SITE PROGRESS: Sinaran Residences (Sept 2022)

Property News/ 4 September 2022 No comments

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About Sinaran Residences @ Utropolis

The residential component in the third phase of Utropolis development by Paramount Property at Batu Kawan, Penang. It is strategically located along Bandar Cassia Expressway, with walking access to Design Village outlet mall and UOW MALAYSIA KDU Penang University College. Driving to Penang International Airport will only take approximately 30 minutes via Second Penang Bridge.

This development featuring two blocks of 35 & 36-storey serviced apartments, offering a total of 964 residential units with unit size ranging between 667 sq.ft. – 1,044 sq.ft.

Find out more about Utropolis @ Batu Kawan:

(Photo taken Aug 2022)

Register your interest now to find out more

*By submitting this Form, you hereby agree to our PDPA Consent Clause.
(This information may be used by the developer or their appointed agent to initiate follow-up communications with you on the project.)