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Titijaya and DHL to develop semiconductor logistic facility in Batu Maung

Property News/ 27 March 2022 7 comments

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Penang will see the establishment of its first-ever ultra-modern logistics commercial complex in Bayan Lepas next year.

Titijaya Land Berhad and DHL Supply Chain (M) Sdn yesterday signed a Memorandum of Agreement (MoA) to develop the complex at a 20-acre mixed development site in Bayan Lepas.

Chief Minister Chow Kon Yeow, who witnessed the signing ceremony at Ascott Gurney, said he looked forward to the first-of-its-kind facility in the state that would be fully equipped with automated storage and retrieval systems (ASRS) and automated guided vehicles (AGVs) robotics technology.

“Congratulations to both Titijaya Land Berhad and DHL Supply Chain (M) Sdn Bhd for choosing Penang as the place to expand business operations.

“It is a great benefit for us. We welcome this development and hope that other conglomerates can also explore their business opportunities here.

“We will continue to support the business investments by locals as well as multinational and international businesses.

“On top of that, we applaud the collaboration between these two companies, which will provide the semiconductor logistic solution to the Electrical and Electronics (E&E) industry in Bayan Lepas.

“I look forward to the completion of this project in June 2023,” Chow said.

Among those present at the ceremony were guest of honour Penang Governor Tun Ahmad Fuzi Abdul Razak, state Trade, Industry and Entrepreneurship Development Committee chairman Datuk Abdul Halim Hussain and state Tourism and Creative Economy Committee chairman Yeoh Soon Hin.

Chow believed that both companies were well-positioned to materialise the project, in which construction works were scheduled to begin in June this year.

“We should strive with our proven track record in making Penang the premier choice for investments,” he said.

Titijaya Land Berhad group managing director Lim Poh Yit said the partnership with the world’s largest logistics company would open up more opportunities for them on similar projects.

“This marks our first venture into a premium semiconductor facility,” he said.

DHL Supply Chain Malaysia managing director Mario Lorenz said the growing demand and growth in the manufacturing and E&E industry and the capability of Titijaya Land Berhad were the main reasons for their collaboration.

“It will open up more growth opportunities for both companies,” he said.

Project site:

Source: Buletin Mutaira

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SITE PROGRESS: Queens Residences – Q2 (Mar 2022)

Property News/ 26 March 2022 No comments

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About Queens Residences

Luxury waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar Condominium, just stone’s throw away from Queensbay Mall.

Find out more about Queens Residences

Register your interest here to keep yourself updated with future development

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*By submitting this Form, you hereby agree to our PDPA Consent Clause.

D’ Starlingtton

Teluk Kumbar/ 25 March 2022 43 comments

D-Starlingtton-main

D’ Starlingtton, a residential development by Wisma Dayamas Sdn. Bhd. (GSD Land) at Teluk Kumbar. It is located on a 4.5-acre land along Jalan Teluk Kumbar, approximately 2km away from Penang International Airport. Neighboring communities include Platinum III, D’zone Condominium, Saujana Heights Apartment, Emerald Residence, and the low-density luxury development – Valencia Residence by Aman Setia Group.

This development comprises a 29-storey condominium building, featuring 820 residential units. There will be a separate 11-storey carpark building with residence facilities located at the rooftop.

Project Name: D’ Starlingtton
Location : Teluk Kumbar
Property Type : Condominium
Total Units : 820
Built-up Size: 1,001 sq.ft. – 1,798 sq.ft.
Land Tenure : Freehold
Indicative Price : RM486,000 onwards
Developer: Wisma Dayamas Sdn. Bhd. (GSD Land)

Register your interest here for updates on this project and other property news

(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

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.

Asia Green’s The Zen expected to be ready early next year

Property News/ 23 March 2022 52 comments

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Asia Green Group’s affordable homes project, called The Zen, is progressing well and is expected to be ready by early next year, state Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said.

Jagdeep and several staff members from the Penang Housing Board, as well as architects and representatives from Asia Green, today visited the construction site at Persiaran Bayan Mutiara in Gelugor to monitor the progress of the project.

“I understand that this project is now 60 per cent completed, and is expected to be completed by February or March next year.

“It is understood that due to the Covid-19 pandemic, the construction industry was also badly affected, causing a standstill to many residential development projects in Penang.

“We have certainly made progress since the outbreak in 2020, and despite the adversities, it is good to witness that work at such affordable homes project is ongoing.

“As this is a mixed development project, there are also condominium units as well. But, as for the affordable ones, which measures 850sq ft per unit, I understand all 1,200 units have been sold out.

“The state would like to thank players from the private sector for materialising such projects for the benefits of Penangites.

“Having a shelter over our heads is a basic fundamental human right.

“The state will continue to deliver affordable homes so that no one is left behind when it comes to owning a home, especially for first-time home buyers,” Jagdeep said during his visit to The Zen at Persiaran Bayan Mutiara in Gelugor today.

Future owners of The Zen can enjoy facilities such as a swimming pool, recreational space and others.

Separately, Jagdeep said as of now, a total of 133,313 units of various affordable homes are in multiple stages as follows, 38,190 have been built, 19,640 being built and 74,956 to be built.

“We have reached about 60.6 per cent of our target of delivering 220,000 units by 2030,” he added.

“Out of the 220,000 units, I have instructed my staff at the Housing Board to make accessible 10 per cent of it under the Rent-To-Own scheme for individuals that meet the criteria set.

“There are many who still can’t afford to buy affordable homes, so this is one way of making sure everyone gets to own a home at the end of the day,” Jagdeep added.

Among those present during the visit were Penang Housing Board chief operational officer Mohd Fauzy Mohd Yusoff, chief business officer Fakhurrazi Ibnu Omar and Asia Green’s director Tan Li Mei.

Source: Buletin Mutiara

Esplanade seawall upgrading is expected to complete by end next month

Property News/ 23 March 2022 No comments

source:thestar

Works on the RM14mil Esplanade seawall upgrading are on schedule, with completion expected at the end of April.

Outlining the project works, Perunding YAA Sdn Bhd said it employed methods and construction materials that would “harmonise” with the qualities and heritage significance of the George Town World Unesco Heritage Site in Penang.

“The seawall will look simple in construction and relatively easy to maintain. It is also sufficiently traditional in appearance,” said its principal consultant Michael Yap.

“Most of the granite rocks used in the construction were quarried from nearby Penang Hill,” he added.

The seawall upgrading project involves a stretch of 460m from Medan Renong food court to the Royal Malaysian Naval Base.

It is one of 14 projects under the RM140mil North Seafront Masterplan that starts from Dewan Sri Pinang to Fort Cornwallis and the entrance to Swettenham Pier.

Yap said a terraced seawall near the Cenotaph Memorial was also being built, to bring the people closer to the sea.

“It is accessible during low tide and offers a direct view of the original seawall.

“Along the northwest section of the seawall, in front of the Medan Renong food court, there will be two stairways to give people direct access to the sea as well as the large boulders of the sloping revetment that are exposed during low tide,” he said.

Yap said an initial assessment of the seawall was carried out between December 2016 and January 2017 to evaluate the principal problems and general condition of the structure.

“The existing seawall in the area of study was built in varying sections and consisted of blocks of granite stones of different shapes and sizes.

“In some areas, brick masonry parapets were added at a later stage on top of the mass gravity wall to prevent wave running, splashing and overtopping of seawater.

“This form of seawall construction is common in this region.

“It is economical and an efficient form of sea defence, given that an exposed seafront in these coastal areas will be subject to considerable wave attack during rough sea conditions,” he elaborated.

Penang Island City Council (MBPP), which funded the project, said any infrastructure construction within a site that was rich in history, culture and heritage would present its own set of challenges and surprises.

MBPP secretary A. Rajendran said that among them were a number of social and traffic related issues such as temporary loss of public space during construction, the hoarding up of the food court, loss of parking spaces and partial rerouting of traffic.

“In addition, the project had to establish protective measures and the monitoring of possible damage to the historical buildings in the vicinity, such as the Royal Malaysian Navy building, City Hall and the Cenotaph Memorial.

“During the construction of this project, there was an unexpected discovery of five cannons and short range mortars dating back to the late 18th and early 19th centuries, as well as shells of detonated ammunition from various conflicts.

“The cannons have now been moved away from the site and are being restored by Universiti Sains Malaysia’s Archeology Department.

“The shells of the detonated bombs were found among the debris, which pointed to the war-time conflicts that occurred off the shores of George Town in the 20th century,” said Rajendran.

Penang local government committee chairman Jagdeep Singh Deo also did a site inspection of the project recently.

The project is supported by the George Town Conservation and Development Corporation (GTCDC), a partnership between the Penang government and Think City.

The corporation has been formed to spearhead the rejuvenation and restoration of select public assets in the heritage site.

It is meant to enhance the appeal and value of key monuments and public open spaces, and demonstrate the value of culture-based urban regeneration in creating a sustainable heritage city.

To date, among the 14 major initiatives completed are the restoration of Koh Seang Tatt Fountain Garden, improvements to Lebuh Light streetscape, upgrading of Esplanade field subsoil system and numerous planning documents produced to assist with the physical implementation.

Source: TheStar.com.my

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