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SITE PROGRESS: Garden Superlink II @ Jesselton Hills (Aug 2022)

Property News/ 4 August 2022 No comments

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About Garden Superlink II @ Jesselton Hills

The second phase of Garden Homes Collection in Jesselton Hills, Alma by Wing Tai Asia. It comprises 75 units of two-storey superlink homes with extended size up to 26ft wide, surrounded by lush greenery and wholesome recreational amenities. The residential enclave is strategically located close to comprehensive public amenities for commercial and leisure.

(Photos taken in July 2022)

Find out more about Garden Superlink II @ Jesselton Hills

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Penang Affordable Housing Expo coming soon

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The Penang Affordable Housing Expo is returning this year and it will be held at Lower Ground, Prangin Mall from Sept 30 to Oct 2.

Penang Local Government, Housing, Town, and Country Planning Committee chairman Jagdeep Singh Deo welcomed all affordable housing players to take part in the housing expo.

“It is free for affordable housing players to participate in the expo.

“The expo is the commitment in our agenda to ensure there is affordable housing available for Penangites,” he said before chairing the Housing and Real Estate Sectors Roundtable Discussion 2022 in Komtar today.

During the media conference, Jagdeep urged the Federal Government to work harder to assist the state and the industry, in particular the housing industry.

“We understand from the housing developers about the increase in building material prices and the industry’s labour shortage.

“The state will try to assist as much as possible, where the state is concerned.

“However, most of the issues faced by the industry are beyond our control. The Federal Government must work harder to assist us on the issues that are confronting us,” he said.

He thanked the Penang Housing Board, relevant agencies, and housing industry partners for supporting the state’s housing agenda.

Also present were Penang Housing Board general manager Ainul Fadhilah Samsudi and Penang Island City Council (MBPP) secretary Datuk A. Rajendran.

Source: Buletin Mutiara

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20 Most Active Projects in Penang (Jan – July 2022)

After nearly two years of lockdowns and travel restrictions, the buying interest in Penang property is seen rebounding amid the improving economy.

According to our web traffic analytics, PenangPropertyTalk.com has recorded a total of over 2 million pageviews in the first 7 months of 2022, an increase of approximately 18% from 1.69 million in the same period a year ago. Below is a list of 20 most active projects in the first seven months of 2022. As indicated, 60% of them are affordable housing projects, and 9 out of the 20 projects are newly added in 2022.

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Top in the list is Ideal Venice Residency, a newly launched affordable housing at Island Glades, which recorded an impressive 54,892 pageviews in early 2022. This project is the second affordable housing development undertaken by Ideal Property Group at Island Glades. Comprising around 1,600 condominium units in two 46-storey residential towers.

This is followed by The Meg at Andaman Island, the highly-anticipated prime reclaimed island of Seri Tanjung Pinang Phase 2A by E&O. Located directly across the waters of Seri Tanjung Pinang and Gurney Drive. Featuring two blocks of 35-storey serviced apartments that consist of 1,020 residential units with innovative layouts designed for young executives and new families.

The Millennia @ Bayan Lepas, ranked third on the list, is the very first affordable housing project by Penang State Housing Board (LPNPP). This development will offer a total of 864 affordable housing units with an indicative price starting from RM300,000 onwards.

Apart from the top 3 above, Lucerne Residences, D’ Starlingtton and Crown Penang are some of the new projects which got into the top 10.

It is also worth mentioning that Suria 2, an affordable housing project by Penang State Government, is the only housing project located in the mainland (Seberang Perai) that made it to the list.

Some of the projects listed are still in the planning stage and have not been officially launched yet. Please check with the respective developer for the latest update.

* Projects are ranked based on the pageviews recorded in Google Analytic web traffic report for PenangPropertyTalk.com.

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Affordable housing @ Permatang Pauh

Permatang Pauh/ 1 August 2022 1 comment

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An affordable housing development by Spirit of Perai Sdn. Bhd. at Permatang Pasir near Permatang Pauh. It is located about 5km away from North-South Expressway – Sungai Dua interchange, about 10 minutes drive to Seberang Jaya town centre.

This development will be completed in two phases:

  • Phase one (4.6 acres) is the construction of three blocks of 5-storey flats, consisting of 350 Type A units. Each unit will feature a standard built-up size of 650sq.ft. and is priced at RM42,000.
  • Phase Two (18.4 acres) will consist of 440 Type C3 units, which will be categorised as townhouses. Each Type C3 unit will have a standard built-up size of 950sq.ft. and is priced at RM250,000.

The project has broken ground on 30 July 2022.

READ MORE ABOUT AFFORDABLE HOUSING:

Project Name : (to be confirmed)
Location : Permatang Pauh
Property Type : Affordable housing
Tenure: (to be confirmed)
Land Area: 23 acres
Built-up Size: 650 sq.ft. (Flat), 950 sq.ft. (Townhouse)
Total Units : 350 (Flat), 440 (Townhouse)
Indicative Price : RM42,000 (Flat), RM250,000 (Townhouse)
Developer : Spirit of Perai 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.

Affordable housing project at Permatang Pasir broke ground yesterday

Property News/ 31 July 2022 1 comment

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Folk living in the central Seberang Perai district, specifically in Permatang Pasir, will soon have the chance to apply for their desired affordable housing units courtesy of the Penang government.

Chief Minister Chow Kon Yeow said the project which is to be built on a 23-acre land, will be divided into two phases.

Although planning approval has been obtained from the Seberang Perai City Council (MBSP), it is learnt that other requirements must be met before proceeding further.

“Phase One (4.6 acres) is the construction of three blocks of flats, each five-storey and consisting of 350 Type A units.

Each Type A unit (650sq ft) is priced at RM42,000.

“Meanwhile, Phase Two (18.4 acres) will consist of 440 Type C3 units, which will be categorised as townhouses.

Each Type C3 unit (950sq ft) is priced at RM250,000.

“I am made to understand that various types of facilities such as a surau, a community hall, a futsal court and a non-Islamic place of worship (RIBI) will be built as well.

“The groundbreaking ceremony today marks the commitment and compassion that the state government has towards the well-being of the people, from both on the island and mainland.

“This new project, if materialised, will add more value to the community here.

“We aim at accelerating the state’s economy and giving the best and most quality-filled living for Penangites,” Chow said in his speech before taking part in the groundbreaking ceremony of the new affordable housing project in Permatang Pasir on the mainland today.

This morning’s ceremony is part of Chow’s ‘Jelajah ❤️ Penang’ programme in Permatang Pauh today.

The developer that will take on the project is Tetuan Spirit of Perai Sdn Bhd.

Architect Michael Ong Chin Keong said the expected gross development value (GDV) of the project is set at RM124,700,000.

Also present was state Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo, who in his speech said that Penang has so far provided 138,545 units of affordable homes (completed, being built and in planning to be built).

“As we know, the state has set its target to deliver 220,000 units by 2030.

“And from that amount, 10% will be allocated for the rent-to-own (RTO) housing scheme.

“If I am not mistaken, we have achieved 16% currently. We will ensure our work will benefit Penangites, especially the needy families,” Jagdeep said during his speech.

Others present were Permatang Pauh MP Nurul Izzah Anwar and Permatang Pasir assemblyman Muhammad Faiz Fadzil.

Source: Buletin Mutiara