The Bukit Kukus bypass road here that was the site of a fatal landslide in 2018 was finally opened to traffic today.

Part of the 3.8km Paya Terubong Paired Road project, it promises to cut down travel time between Air Itam and Relau from the current 20 to 30 minutes to just five to 10 minutes.

The RM378.2 million project is the most expensive and largest infrastructure project by the Penang Island City Council (MBPP).

MBPP secretary Rajendran Anthony said a renowned engineering firm had given its assurance that the roads and the hillslopes are safe.

Penang chief minister Chow Kon Yeow said the road project marked another promise fulfilled by the state government to ease traffic congestion in the state.

He said the present route was mooted in the 1980s but was never carried out by state governments before Pakatan Harapan (PH) due to a lack of funding.

Chow said the bypass road was sorely needed as high-density development projects had mushroomed in tandem with population growth.

He said the remainder of the project, a 2.2km-stretch, will be completed by two private developers PLB Land Sdn Bhd and Geo Valley Sdn Bhd.

The roads are separate from the bypass but will link the developers’ housing projects to the road.

As of today, the developers’ road-building progress is at about 15% to 20%, one of which is on hold due to a planning permission dispute.

In 2018, nine construction workers were killed in a landslide triggered by a 10-hour rainfall and failure by the contractors to provide adequate drainage.

Contractor Yuta Maju Sdn Bhd later paid RM65,000 in court-imposed fines after pleading guilty to two counts of occupational safety violations and another offence of failing to strengthen temporary slopes on the site.

Source: FreeMalaysiaToday.com

A newly proposed mixed development with wellness home concept by Goldmerits Development Sdn. Bhd. at Teluk Kumbar. It is located off Jalan Teluk Kumbar, less than 5 minutes drive from Penang International Airport.  Surrounding communities include Valencia Residence, Emerald Residence, Platinum III, D’zone Condominium, Prestige Heights and a few others.

This development will see the construction of a 33-storey skyscraper, comprises two towers that offer a total of 787 units of “Wellness Home” with 8 levels of car parking podium. There will also be several commercial units located at ground level.

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

Project Name : (to be confirmed)
Location : Teluk Kumbar
Property Type : Mixed development
Tenure: (to be confirmed)
Built-up Size: (to be confirmed)
Total Units : 787
Indicative Price : (to be confirmed)
Developer : Goldmerits Development 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.

Construction works at Cecil Residency, a low medium-cost housing project located in the heart of George Town, is currently ongoing and is expected to be completed by early 2024, state Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said.

The project, which is fully funded by the Penang government at a gross development cost of RM55.9 million, is being managed by the Penang Development Corporation (PDC).

“I am here today to conduct this spot check to ensure this particular housing project is progressing smoothly, where the construction works are concerned.

“It is undeniable that the construction industry was badly hit due to the Covid-19 pandemic, but our commitment for the people will always stay intact.

“Projects that suffered major blows, resulting in the stoppage of construction works, will be closely monitored.

“And if works can go on, it must go on, but of course with strict compliance with the standard operating procedures (SOPs).

“I am particularly happy with this project that is progressing well, and as I have always mentioned, the state government prioritises the delivery of affordable homes for the people of Penang.

“It is believed that this project is now 35.91 percent completed,” Jagdeep told a press conference during his visit to the project’s construction site at Pintasan Cecil in George Town today.

Covering a total area size of 2.059 acres, the project will be made up of a single block of building, with 24 floors and 348 units (700sq ft for each unit), as well as nine units allocated for shops.

Separately, Jagdeep has requested the Housing and Local Government Ministry, specifically its minister, Datuk Seri Reezal Merican Naina Merican, to provide updates on the ministry’s proposal to build two People’s Housing Projects (PPR) in Penang.

“It was five months ago when the minister was here and told us that two PPR projects, one on the island and mainland each, would be proposed under the 12th Malaysia Plan (12MP) to be built in Penang.

“We hope to get some updates from the minister, and it is hoped that his ministry will materialise their proposal.

“We have actually identified five locations in Penang, but he only mentioned two locations. Making an announcement is one thing, but delivering is even more important.”

Among those present during the site visit at the Cecil Residency project were Pengkalan Kota assemblyman Daniel Gooi and Penang Housing Board general manager Ainul Fadhilah Samsudi.

Source: Buletin Mutiara

Ferringhi Hills, a landed residential development by Seni Bahagia Sdn. Bhd. within the established township of Batu Ferringhi. It is located along Persiaran Sungai Emas 1, only 10 minutes walk to Ferringhi Beach. Neighbouring upscale housing schemes include Ferringhi Park, Pearl Residences, Ferringhi Residence 1 & 2, The Marin and a few others.

This development will feature a mix of 3-storey terrace (with lower-ground level) and semi-detached, bungalow houses, to be constructed in two phases.

Project Name : Ferringhi Hills
Location : Batu Ferringhi
Property Type : Landed residential
Built-up Area : (to be confirmed)
Total Units : 29 (terrace), 2 (semi-detached), 1 (bungalow)
Land Tenure: Freehold
Indicative Price: RM1.350,000 onwards
Developer : Seni Bahagia Sdn. Bhd.

SITE PROGRESS

SITE PROGRESS: Ferringhi Hills (Sept 2023)

SITE PROGRESS: Ferringhi Hills (May 2023)

SITE PROGRESS: Ferringhi Hills (Nov 2022)

SITE PROGRESS: Ferringhi Hills (Aug 2022)

 
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.

Aspen Park Hills (APH), the indirect subsidiary of Aspen (Group) Holdings, has terminated its conditional share and purchase agreement with Geo Valley to purchase land in Paya Terubong.

This was due to non-fulfillment of the conditions precedent, Aspen said in a bourse filing on last Wednesday (Dec 29).

In 2019, the companies entered into an agreement to acquire freehold land in Paya Terubong, Penang for RM165 million. Geo Valley was also investing 25% equity in Aspen Park Hills.

Under the rescission and settlement agreement, Geo Valley will refund to APH a deposit and further payment amounting to 24.4 million ringgit. Geo Valley’s nominees will also transfer its 25% equity in APH to Aspen Vision Homes, which is Aspen’s indirect subsidiary and the holding company of APH.

Aspen does not expect the termination to have any material adverse impact on the company and group’s consolidated net tangible assets per share and earnings per share for the financial year ending Jun 30, 2022.

In 2019, Aspen said it was intending to develop a mixed-use development comprising residential towers, service apartments, retail lots and a community centre in the area. The project was to be the company’s first joint venture with property developer Oxley Holdings.

Source: The Business Times