The Penang state government has allocated almost RM8mil for landslide repairs along the slopes of Lorong Bukit Kukus, Paya Terubong, here that will begin in the third quarter of this year.

Penang Infrastructure and Transport Committee chairman Zairil Khir Johari said the restoration work conducted by the Penang City Council (MBPP) will be completed in 18 months, which is the first quarter of 2024.

“The state government has taken necessary preventive steps to ensure the stability of existing hill slops and not threaten the safety of the public, property and the environment of residents of Grandview Heights and bukit Saujana apartments.

“The area involves over 400 houses with over 2,000 residents and previously landslides at hill slopes have occurred in 2017, 2018 and 2020 but did not involve any loss of vehicles, or lives,” he told reporters after conducting a visit at the slope area in Paya Terubong here on Monday (April 25).

He said following the incidents, the state government through the MBPP engineering department was instructed to appoint a certified geotechnical engineering consultant to conduct an initial study and to present suggestions on slope repairs along Lorong Bukit Kukus in the first quarter of last year.

Zairil said on April 20, the state government approved almost RM8mil in allocations for slop repairs to ensure the safety and welfare of the residents and their property.

He said slope repair work in the area involve a distance of 3.5 hectares and netting has been placed at the location since 2019 as a precautionary measure to ensure that severe landslides would not occur.

He added that the state government had instructed all local authorities to monitor hill slopes periodically and to take necessary legal action against landowners, including farmers in those areas.

“We found they are conducting agricultural activities along the hill slopes in Paya Terubong, Bukit Bendera and Balik Pulau without proper approval.

“So, we ask these farmers, some of whom have been doing it for a long time, to immediately contact the MBPP by June latest to ensure that they register with the MBPP and monitoring can be conducted to ensure they comply with the guidelines involving hill slopes,” he added.

Source: Bernama

Nasdaq-listed printed circuit boards (PCBs), radio frequency (RF) components and RF microwave/microelectronic assemblies manufacturer TTM Technologies Inc is investing US$130 million (about RM550 million) to set up a plant in Penang.

In a joint statement on Monday (April 25) in conjunction with the plant’s ground-breaking ceremony, Malaysian Investment Development Authority (MIDA), InvestPenang and TTM said the latter’s expansion to Penang is in direct response to customer requirements for advanced technology PCB supply chain resiliency and diversification in regions beyond China.

They said TTM selected Penang as the location for this new plant after an extensive review of multiple countries with careful consideration of investment and operating costs, customer proximity and supply chain support.

Penang is also attractive due to its well-established electrical and electronics (E&E) industry ecosystem.

The new plant will serve TTM’s global commercial markets including networking communications, data center computing, and medical, industrial, and instrumentation.

Penang Chief Minister Chow Kon Yeow said Penang is recognised as one of the major players in the global semiconductor industry, particularly in the areas of assembly and test as well as equipment manufacturing.

“The state, via InvestPenang, strives to bolster our efforts to outpace investors’ expectations by providing continuous facilitation and utmost support along the journey,” he said.

This state-of-the-art, highly automated plant will be built upon approximately 27 acres of industrial land at Penang Science Park.

Construction is expected to take 12 to 15 months followed by equipment installations in mid-2023.

Pilot production is targeted to begin in the second half of 2023, with volume production commencing in 2024 and gradually ramping up to full Phase 1 capacity in 2025.

TTM expects the new plant to achieve full run rate revenue of approximately US$180 million (approximately RM761.5 million) in 2025.

The factory has also been planned to support a 25% upside Phase 2 expansion.

TTM president and chief executive officer Thomas Edman said the plant marks the start of an important new chapter to support customers with differentiated high value-add engineering and PCB product solutions on a global basis.

“As an early-mover into Southeast Asia for the production of advanced technology PCBs, TTM is responding to our customers’ needs for supply chain resiliency, regional diversification and growth capacity,” he said.

Source: TheEdgeMarkets.com

A newly proposed serviced residence by DH Land Sdn. Bhd. at Permatang Pauh. Located on 1.68 acres of land along Jalan Permatang Pauh, diagonally opposite Caltex petrol station. It is only 1km to Butterworth/Kulim Expressway interchange, less than 5 minutes drive to Sunway Carnival Mall at Seberang Jaya.

This development comprises a 24-storey skyscraper, featuring 165 serviced residence units with a standard built-up size of 850sq.ft.. There will be 8 levels of car parking podium with 3 units of shop lot located at ground level.

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

Project Name : (to be confirmed)
Location : Permatang Pauh
Property Type : Affordable housing
Land Tenure: (to be confirmed)
Total Units: 165 (residence)
Built-up Size: 850sq.ft. (residence)
Indicative Price: (to be confirmed)
Developer : DH Land 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.

Buyers are going for more recreational facilities to be included in their housing projects.

“Environment and lifestyle now play a big part in their decision-making process.

“Gone are the days when home owners only want a roof over their heads,” said Malaysian Institute of Estate Agents president Chan Ai Cheng.

The top three facilities buyers would look for are a swimming pool, well-equipped gymnasium and games court, according to Chan.

In a gated and guarded community, buyers also want security, walk paths and cycling tracks, and extensive landscaping for that “resort feel”, she said.

Within a high-rise development, extensive facilities including rooftop gardens, car parks, impressive entrance statements and lift lobbies are much sought after.

To impress buyers, developers are building new and improved facilities.

“Developers are setting a new standard in terms of the number of facilities within a development.

“They are the key in attracting would-be home owners and as such, developers would go all out to impress buyers,” she said.

However, Chan said recreational facilities may not be enough, especially for teenagers who need more space for games and sports.

In the city, there is an issue of space due to high land cost, she said.

“This is where games centres could come into play.

“The centres could house tennis or badminton courts, swimming pools and other activities under one roof,” said Chan.

Real Estate and Housing Developers’ Association Malaysia (Rehda) acting president Datuk NK Tong said: “There is a trade-off between providing more facilities and making homes more affordable.”

Tong said the amenities have maintenance costs as well.

“We don’t want to put in something that is too expensive to maintain,” said Tong, adding that open green spaces have remained a popular requirement among homebuyers.

“Trends are changing all the time but for young families, open parks are still very popular,” he said.

For landed development, developers are required by the authorities to provide parks but there are also developers of bigger townships that go the extra mile by offering extra facilities, he said.

Source: TheStar.com.my

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.

Find out more about Terraces Condominium