Artist impression of SJKC Heng Ee (Bayan Baru)

The relocation of SJKC Heng Ee ushered in the latest progress! At present, the new school building is in the process of applying for planning permission and development permit approval.

The new site of SJKC Heng Ee is adjacent to SMJK Heng Ee Bayan Baru Branch. This good news has delighted many young parents living in the Southwest district of Penang. In recent years, the Southwest District has developed vigorously. Many new housing developments have been built in the district. Many young families have also relocated to the Southwest District due to job opportunities. This has led to a surge in population and increased demand for primary schools. Hence, the relocated of SJKC Heng Ee to the Southwest District is adding an additional choice to the existing primary school in the district. In addition, students studying in SJKC Heng Ee gets to further their studies in SMJK Heng Ee without needing to go through the application process to pursue secondary education.

At present, Ideal Property Group has submitted the application for planning permission and development permit to the Penang Island City Council. The next step is to submit the building plan with estimation to obtain the approval by end of this year. Commencement of work for the new school building is expected to be kicked start in early next year.

SJKC Heng Ee is currently located at Macalister Road, having students from the city area. Since 1990s, it encounters the issue of shortage of students. In 2013, the Penang state government allocated a 12-acre land in Bayan Lepas to Heng Ee schools, of which 8 acres were built for the SMJK Heng Ee Bayan Baru Branch; and remaining 4 acres to be used for the relocation of SJKC Heng Ee.

“The local community is developing rapidly, and the Chinese population is not proportional to the existing Chinese primary schools. The new building of SJKC Heng Ee will meet the needs of local students, which is good news for parents from nearby residence.” said Tan Sri Datuk Alex Ooi Kee Liang, Chairman of the Heng Ee Board of Director.

Tan Sri Datuk Alex Ooi, who is also the Executive Chairman of Ideal Property Group, believes that this is a win-win situation. Only by relocating the school to a more ideal environment can it help to change the existing school situation and not wasting the efforts from the founders and ancestors who strived for developing the school.

The new school building will be composed of an administrative block, an academic block, a hall, a canteen, computer rooms, laboratory rooms and 42 classrooms. It is expected to accommodate 1,000 students. Ideal Property Group will undertake the construction and bear its construction expenses.

Long established as one of the most well-known tourist destinations and a booming industrial hub in Malaysia and Southeast Asia, Penang has always been a prime location for homeowners not only because of its vibrant economy but also due to Penang’s strategic air connectivity to many other cities in the region and beyond.

This rising demand has led to the mushrooming of numerous property developments across the island in recent years. However, when it comes to modern living of exceptional standard, the E&O Group’s latest project, known as Andaman, will emerge as the prime choice for those who seek to live in tranquillity while also enjoying the convenience of urban lifestyle.

As an island, Andaman is well-connected to the main island of Penang through two strategically located bridges, namely the Andaman Bridge which was completed early of this year and Gurney Bridge which are expected to be completed by 2024. The former connects the Andaman with Seri Tanjung Pinang while the latter leads directly to Gurney Drive’s up and coming public waterfront park known as the Gurney Wharf which is expected to house a variety of retail establishments, restaurants and a skate park. Besides that, residents will have convenient access to George Town, Pulau Tikus, Tanjung Tokong and Batu Ferringhi.

The infrastructure of Andaman such as the beautifully landscaped parks, pedestrian walkways and retail spaces are carefully designed to strike a perfect balance between tranquil island life and exciting urban living for homeowners as it incorporates the elements of green living and community building which enables future generations to live and thrive.

Apart from world-class education, residents can also expect high quality health and wellness amenities which will be made available together with other facilities all conveniently located within Andaman.

Equipped with up-to-date security and dotted with jogging tracks and cycling paths, Andaman is set to redefine the standards of a well-planned neighbourhood where residents can walk and cycle in a safe environment, thus, promoting a healthier lifestyle among residents.

With the aim of meeting environmental-friendly requirements and promoting sustainable living, the E&O Group has gone the extra mile to integrate green building technology and sustainability in this latest project. This can be seen from the landscaping and conceptual planning of buildings implemented throughout Andaman.

Other than that, the E&O Group also sought to achieve the recognition of the Green Building Certification by minimising the use of virgin materials which contribute towards negative environmental impacts. As an alternative, materials and finishes that are certified as environmentally friendly with lower carbon footprint and longer life cycle, such as low VOC (volatile organic compound) paint and coating will beused extensively throughout the construction.

More importantly, energy-efficient initiatives such as enhancing the natural ventilation and minimising the usage of air conditioning will also be implemented in common areas. Apart from that, to minimise water wastage, rainwater harvesting initiatives will also be implemented as well.

Residents of Andaman will find themselves pleasantly surrounded by over 90 acres of lush greenery which will be turfed and landscaped to reduce the heat of the tropical climate. The earlier mentioned spacious pedestrian walkways, jogging tracks and cycling paths  extends beyond Andaman, seamlessly connecting it to the neighbouring Gurney Wharf to encourage residents to enjoy their leisure time at a slower pace by walking and cycling.

As evidenced by the strong track record of Seri Tanjung Pinang, Andaman is poised to be the next prime address in Penang, offering not only a holistic lifestyle to homeowners, but also an investment opportunity not to be missed.

For more information, visit https://www.easternandoriental.com/themeg/.

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A newly proposed mixed development by Frazel Property Sdn. Bhd. at Bukit Minyak. Strategically located along Jalan Permatang Tinggi, right opposite Eagle & Pagoda Brand Teck Aun Medical Factory. It is just a stone’s throw away from Bukit Minyak Industrial Park, with easy access to neighboring townships namely Juru, Bukit Minyak, Kota Permai, Permatang Tinggi and Alma.

This development comprises few commercial components, to be completed in multiple phases:

• Phase 1: 3-storey commercial building with supermarket
• Phase 2: 1-storey drive-thru (2 units)
• Phase 3: 3-storey shop office (17 units)
• Phase 4: 27-storey serviced apartment (218 units) with swimming pool.

The project is now pending approval with more details to be available upon official launch.

Project Name: (to be confirmed)
Location : Bukit Minyak
Property Type : Commercial
Built-up Size: (to be confirmed)
Land Tenure : (to be confirmed)
Indicative Price : (to be confirmed)
Developer: Frazel Property Sdn. Bhd.

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.

Despite the welcoming Budget 2023, the Real Estate and Housing Developers Association (Rehda) Malaysia will appeal to the government to consider extending the 75% stamp duty exemption to all buyers which will end on Dec 31, 2023.

President Datuk NK Tong said the duty stamp is not just for first-time homebuyers as it will benefit a wider pool of buyers, especially the upgrades.

“Given the myriad of issues facing the construction and property industry as outlined in our Budget 2023 memorandum to the government, we had also expected the government to take bigger measures to alleviate some of these concerns, such as the hike in building material prices and labour shortage issues which are adversely affecting the industry.

“Despite this, Rehda pledges to continue our engagements and discussions with all industry players, and will still march ahead in our nation-building role of providing quality, affordable homes for the rakyat,” he said in a statement last Friday.

He said Rehda places high hopes in the responsive, responsible and reformist agenda as defined in the Budget 2023 announcement in its biggest allocation yet at RM372.3 billion and he believed that this objective is obtainable.

He said this will complement the previously announced 100% stamp duty exemption for the memorandum of transfer for houses priced RM500,000 and below until the end of 2025.

“The government’s generosity to only impose an RM10 stamp duty for transfers made by way of gift between family members is also deeply appreciated and impact on the housing sector.

“Currently, only transfers between husband and wife are given a full 100% exemption, while transfers between parent and child are given an exemption of 50%.

“Future homebuyers will also benefit from the RM3 billion allocation for Syarikat Jaminan Kredit Perumahan Bhd for 12,000 borrowers, which will surely provide some relief to those without a fixed income, such as gig economy workers,” Tong added.

Rehda also welcomed the government’s renewed commitment to the lower income group with RM367 million allocation for new Program Perumahan Rakyat (PPR) projects in Terengganu and Perlis and RM358 million for Program Rumah Mesra Rakyat.

“Collectively, this will benefit more than 16,000 bottom 40% income group households. The measure to increase the allocation to construct and repair houses in rural areas from RM361 million to RM460 million, the increased ceiling rate to build new homes and the construction of 3,000 new homes.

“This including in Sabah and Sarawak further proves the government’s dedication to ensuring quality living and homes for all Malaysians,” he said.

Meanwhile, Mah Sing Group MD Tan Sri Leong Hoy Kum said Budget 2023 saw practical measures which will not only make Malaysia a more attractive labour market but also put more disposable income in people’s pockets, which allows them to spend on value-accretive assets like properties.

“The exemption of 75% of stamp duty on the sales and purchase agreements of properties priced between RM500,001 to RM1 million will also pique the interest of middle-to upper-income first-time homebuyers as well as those who are looking to upgrade their property,” he said in a statement last Friday.

He added that the RM10 stamp duty for family property transfers will alleviate the burden on buyers while encouraging housing transactions in the property market, which will boost the housing market during this trying time.

Meanwhile, the 2% reduction in the resident income tax rate for the majority of taxpayers will increase the cash flow in hand, easing the financial burden on individuals and allowing them to make long-term plans such as property purchases.

Source: The Malaysian Reserve

About TreeO

Affordable housing development by Hunza’s wholly-owned unit, Diamaward (M) Sdn Bhd, at Sungai Ara. It is located next to Taman Sungai Ara, about 1.5km away from SJK(C) Chong Cheng. This development comprises three 49-storey towers offering a total 1,240 affordable units.

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