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AFFORDABLE: Teluk Kumbar / Asta Gemilang Sdn. Bhd.

Teluk Kumbar/ 15 March 2022 No comments

proposed-development-asta-gemilang-sdn-bhd

A newly proposed mixed development by Asta Gemilang Sdn. Bhd. at the southern part of Penang Island. Located on 24.8 acres of coastal land at Teluk Kumbar, about 4km away from Penang International Airport. It is adjacent to Teluk Bayu Beach – a beautiful beach popular to locals.

This development comprises a mix of affordable housings, condominiums and commercial properties, to be developed in multiple phases:

  • Phase 1B: 46-storey affordable housing with 8 levels of car parking podium. Featuring 1,050 residential units with facilities.
  • Phase 1C: 46-storey affordable housing with 8 levels of car parking podium. Featuring 1,050 residential units with facilities
  • Phase B: Future development (residential)
  • Phase C: Future development (commercial)

The project is still in the planning stage. More details to be available upon official launch.

Project Name : (to be confirmed)
Location : Teluk Kumbar
Property Type : Affordable housing and mixed development
Tenure: (to be confirmed)
Built-up Size: (to be confirmed)
Total Units : 2,100 (affordable housing)
Indicative Price : (to be confirmed)
Developer : Asta Gemilang 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.

Penang state government approves RM2.4 million for repair works at Padang Tembak Flats

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From 2008 to March 1, 2022, Penang State Government has spent a total of RM293.93 million for 29,944 maintenance works on all public and private housing schemes in the state.

According to State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo, a total of RM214.26 million involves maintenance work on public housing schemes.

“Meanwhile, for the housing scheme under the Penang City Council (MBPP) a total of RM24.81 million has been spent; housing scheme under Seberang Perai City Council (RM4.59 million) and private housing scheme under the Penang Maximum 80 Percent Maintenance Fund (TPM80PP, RM50.26 million), ”he said at a press conference broadcast live via Facebook Live yesterday.

Also present were Bukit Bendera Member of Parliament, Wong Hon Wai and General Manager of the Penang State Housing Authority (LPNPP), ‘Ainul Fadhilah Samsudi.

In the same press conference, Jagdeep also expressed his appreciation to the Ministry of Housing and Local Government (KPKT) for approving RM1.82 million under the Housing Maintenance Program involving 10 maintenance works.

“State Government have received the approval letter on March 10, 2022.

“And of the amount received, a total of RM1.19 million involves seven maintenance works under LPNPP; MBPP (RM431,000, two maintenance works) and MBSP (RM200,000, one maintenance work).

“However, for this year, the State Government has submitted an application of RM50.35 million and is still waiting for approval from the relevant parties,” he explained.

Commenting further, Jagdeep informed that his party is also still waiting for the approval of the allocation under the Malaysian Housing Maintenance Fund (TPPM) for eligible private housing schemes for 2022.

“The application was sent through KPKT on October 29, 2021 with the amount applied for is RM84.41 million,” he said.

Earlier, Jagdeep attended the Padang Tembak Flats to announce the approval of the RM2.4 million development allocation involving four maintenance works in the housing scheme.

“The four works are for the repair of building structures in Blocks A, B, C, D, F, G and H; replacing the reticulation pipe to the water pump in Block J; water insulation repairs on the roof and rewiring of corridor lighting in Block F.

“For the record, until 31 December 2021, a total of RM17.90 million has been spent by the State Government specifically on this Padang Tembak Flats,” he explained.

Padang Tembak Flats is one of the oldest stratified housing schemes in Penang, aged 53 years. The flats have 3,736 residential units and 62 shop units.

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Butterworth Arena expected to obtain CCC by September

butterworth-arena-front-facade

Penang CM Chow Kon Yeow hopes that the Butterworth Arena, which is expected to receive a Certificate of Completion and Compliance (CCC) in August or September, will attract the interest of national and international event organizers.

He said this after visiting the Penang Development Corporation (PDC) project site worth RM59 million which is almost completed near Ampang Jajar here.

“We will also look forward to organizing national and international events here,” he told reporters yesterday.

butterworth-arena

 

Also present, Deputy Chief Minister I, Dato’ Ir. Ahmad Zakiyuddin Abdul Rahman who is also Pinang Tunggal ADUN; Bagan Jermal assemblyman, Soon Lip Chee who is also the Youth and Sports Exco; Exco for Social Development and Non-Muslim Affairs, Chong Eng; Mayor of Seberang Perai City Council (MBSP), Dato’ Azhar Arshad and Deputy General Manager of the Chief Minister’s Corporation (CMI), S. Bharathi.

Commenting further, Kon Yeow said that the application process for proposal (RFP) to oversee all Butterworth Arena facilities was opened on February 15 to any interested firm, and will end on March 21.

Out of the total 38 acres of land, it is understood the development project site implemented by PDC so far is only 16.76 acres including 8.3 acres of banquet hall space as well as parking for various types of vehicles.

The three customizable sub halls can be transformed into a large banquet hall capable of accommodating a capacity of 300 banquet tables or 3,000 people at a time.

Project location:

Source: Buletin Mutiara

SITE PROGRESS: Anggun Residences (Mar 2022)

Property News/ 12 March 2022 No comments

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Anggun Residences located beside Design Village Outlet Mall conceived upon a condotel concept is differentiated from other residential properties with an impressive range of recreational properties and attentive layout features.

Bandar Cassia and Batu Kawan Industrial Park (BKIP) are progressing rapidly with many new residential, commercial and industrial buildings and this new development corridor will soon be touted as “Penang’s Third Satellite Township”, offering a host of services for the convenience of the residents.

The flyover currently under construction at the interchange between Lebuhraya Bandar Cassia and Persiaran Cassia Barat 3, by Penang Development Corporation, is expected to complete in the 3rd quarter of 2022. The 1.1km flyover, as an alternative route, will shorten the traveling time from BKIP, Penang Second Bridge and North-South Highway directly to Design Village Outlet Mall and Anggun Residences in the near future.

Building construction for Anggun Residences is progressing well with the foundation works completing in March 2022.

About Anggun Residences

A high-rise residential development by PE Development (Penang) Sdn. Bhd at Batu Kawan. Strategically located next to Design Village, less than 2 minutes drive to the IKEA and Central Island Park at Aspen Vision City. It’s only about 20km away from the key employment center of Bayan Lepas Free Industrial Zone via 2nd Penang Bridge. It comprises a 35-storey tower, featuring 496 residential units with various facilities.

Find out more about Anggun Residences

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Penang undersea tunnel gets go-ahead, pending written reviews from PPC and PPSB

Property News/ 12 March 2022 4 comments

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After a delay of nearly eight years, the feasibility study on the Penang undersea tunnel has given the controversial project a go-ahead, but it requires written reviews from the Penang Port Commission (PPC) and Penang Port Sdn Bhd (PPSB).

Chief Minister Chow Kon Yeow said the project’s feasibility report was presented to the state executive council last month by concessionaire Consortium Zenith Construction Sdn Bhd.

“The state government has taken note of this report, and the results have shown that the project should go ahead but subject to compliance regulations,” he said at a press conference in Komtar today.

However, he said, the state government will need to get written reviews from PPC and PPSB as the project will involve shipping and ferry routes along the straits.

“We will make a final decision after receiving feedback from these two agencies. The state government hopes that the written reviews can be obtained soon.”

Last year, Chow said the feasibility report had been completed and would be tabled to the state government meeting after collating all comments from technical agencies, including federal ones.

He also did not rule out the possibility of building a bridge as a third link, but it will only be considered after the feasibility report is presented to the state government.

The undersea tunnel project was awarded to Zenith Consortium company BUCG in 2013, and the draft feasibility study report has been underway since 2014.

The 7.2km-long tunnel, which connects Persiaran Gurney to Bagan Ajam in Seberang Prai, is under the Penang Transport Master Plan (PTMP).

PTMP is a state government initiative with an estimated cost of RM46 billion, comprising a seabed tunnel connecting the island to the mainland, highways, LRT, monorail, and a comprehensive network of bus routes on the island and mainland.

Source: TheVibes.com