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The upgraded Permatang Rawa Mini Stadium is now open

Property News/ 19 November 2021 No comments /中文版

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The Penang Stadium and Open Spaces Corporation (PSDKLPP) is now a custodian for the newly upgraded Permatang Rawa mini stadium in Bukit Mertajam.

The Penang government, in a novation agreement signed today, transferred the rights and liability of the mini stadium to PSDKLPP. The objectives of the PSDKLPP are to develop, manage and maintain stadiums and open spaces in the state.

Chief Minister Chow Kon Yeow, who is also the PSDKLPP Board of Directors chairman, said the journey to upgrade the Permatang Rawa mini stadium was not easy.

“There were many meetings and discussions held since 2016, prior to the realisation of the project.

“The Penang government-appointed AEI International Berhad as the implementing company for the upgrading project in 2018. The work scope includes upgrading a football field, a pavilion, a clubhouse and building five futsal courts.

“The cost of the project was RM3.535 million, and RM2.4 million was borne by the state. The remaining cost was assumed by AEI International Berhad,” he said in his speech in Komtar today.

Chow thanked the relevant parties involved in the completion of the project. It is understood that the project obtained the Certificate of Practical Completion (CPC) on Jan 14 this year, and the Certificate of Completion and Compliance (CCC) on Oct 22, 2021.

He said that the upgrading project was in line with the Penang2030 vision of ‘A Family-Focused green and Smart State that Inspires the Nation’.

The signing ceremony also saw the signing of a second supplementary agreement between the state government and AEI International Berhad, and the signing of lease agreement between PSDKLPP and AEI International Berhad.

Chow said he hoped that the state, PSDKLPP and AEI International Berhad could work towards an inclusive and comprehensive sports development.

“The upgraded facilities can nurture the spirit of sportsmanship among the people,” he said.

AEI International Berhad director Datuk Joseph Kow said that with the signing of the lease agreement, the Permatang Rawa mini stadium is being leased to AEI International Berhad for 15 years.

“We assume the operations, maintenance and the running of the mini stadium,” he said.

Recollecting the past, Kow, a former Penang State Hockey Association president, said the mini stadium was left abandoned for 15 years prior to the upgrade.

“We were then asked by the state to upgrade the mini stadium. As part of our corporate social responsibility (CSR), I decided to enter a joint venture with the state to upgrade the mini stadium.

“We have the first-of-its-kind turf at the mini stadium. The field, believed to be the best yet in Seberang Perai, is a FIFA-approved artificial turf by Limonta Sport from Italy.

“We are happy that the Penang Football Club has used our field as one of the training grounds,” he said.

He added that the mini stadium also has five synthetic futsal courts.

“We have two standard-sized open courts, an indoor FIFA-sized court and two indoor standard-sized courts.

“The facilities are well accepted by the people here.

“This project is more of a CSR from us as we can only gain back our return on investment (ROI) in about eight to nine years.

“This is because we are keeping the price rate affordable for the players,” he said, adding that sports could create a strong bond among the people.

Kow said that players who wish to use the facilities must comply with the standard operating procedures (SOPs) and must be fully vaccinated.

Also present at the signing ceremony were Penang Youth and Sports Committee chairman Soon Lip Chee, Penang State Secretary Datuk Seri Abdul Razak Jaafar, Penang Deputy State Secretary (Development) Datuk Azhar Arshad, Penang Legal Adviser Datuk Norazmi Mohd Narawi and AEI International Berhad administrative executive Kharulnisa Husna.

For more details on Permatang Rawa mini stadium, visit https://www.stadiumpr.com.my/

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Source: Buletin Mutiara

Housing Ministry sets up committee to monitor affordable housing implementation

Property News/ 18 November 2021 1 comment

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The Ministry of Housing and Local Government (KPKT) has established a committee to coordinate the implementation of 500,000 units of affordable housing for the duration of the 12th Malaysia Plan (12MP).

Its minister, Datuk Seri Reezal Merican Naina Merican said the committee would monitor the implementation and provision of housing supply by 15 housing provision agencies, in addition to the ministry, state governments and the private sector.

“From the targetted 500,000 affordable housing units under the 12MP, the ministry plans to contribute 20 per cent, which is around 100,000 units,” he said during the winding up of the Supply Bill 2022 at the policy level at the Dewan Rakyat today.

He said besides the committee, the National Affordable Housing Council (NAHC) is also a platform to monitor the construction of affordable housing in the country.

The ministry is continuing its efforts to identify the causes behind Malaysians’ inability to afford homes in line with the 12MP strategy of increasing the supply of affordable housing to target groups, he said.

Also, Reezal Merican said the ministry would pay attention to housing projects for B40 and M40 groups throughout the country to ensure that they were more inclusive and with complete infrastructure.

On the People’s Housing Projects (PPR) in Sabah, he said 33 projects had been completed in the state, for a total of 23,009 units, while five more projects, totalling 3,090 units, were still under construction so far.

Overall, the number of completed PPR projects in Sabah represents 21.4 per cent of the total PPR units built in the country with 3,897 units unfilled, he added.

Source: Bernama

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SITE PROGRESS: Muze @ PICC (Nov 2021)

Property News/ 17 November 2021 No comments

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About Muze @ PICC

The first phase of residential offerings at Penang International Commercial City (PICC) integrated development by Hunza Group. This 43-acre development is strategically located within the vicinity of Bayan Baru township. It comprises two 58-storey towers featuring 846 residential units with 10 levels of car parking podium.

Find out more about Muze @ PICC

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Ascott opens Sky Residence Prai in Penang

Property News/ 16 November 2021 No comments

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Sky Residence Prai, The Ascott Limited’s (Ascott) first serviced apartment in Penang, has opened.

Ascott is a wholly-owned subsidiary of CapitaLand Investment. Sky Residence Prai is its ninth operational property in Malaysia.

With over 6,700 units in 26 properties across 11 cities, the addition of the serviced apartment will strengthen Ascott’s leadership position in Malaysia.

Sky Residence Prai, located in Bukit Mertajam near Icon City and Juru Sentral, is set to provide world-class hospitality standards.

Ascott’s country general manager for Malaysia, Mondi Mecja, said in a statement that the apartments are intended to meet the needs of both business and leisure travellers.

There are 168 modern units ranging from studios to two-bedroom apartments.

The fully furnished apartments have a modern interior design.

The recreational area on levels 8 and 39 of the property also has a variety of amenities.

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Source: NST Online

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UPCOMING: Bukit Mertajam / Sunway Bintang Sdn. Bhd.

Bukit Mertajam/ 16 November 2021 No comments

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Proposed residential development by Sunway Bintang Sdn. Bhd. at Bukit Mertajam. Located off Persiaran Sunway Wellesley, next to Sunway Wellesley gated and guarded housing scheme. It is just a mere minute’s drive to Bukit Mertajam town centre with an abundance of essential amenities within 5 minutes drive.

This development will see three new phases of gated and guarded housing schemes, featuring a total of 696 townhouse units. Each phase will have it’s own clubhouse with facilities such as a community hall, swimming pool, gymnasium and guardhouse. Future development will include 26-units of 3-storey shop offices.

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

Project Name : (to be confirmed)
Location : Bukit Mertajam
Property Type : Gated and guarded townhouse
Tenure: (to be confirmed)
Built-up Size: (to be confirmed)
Total Units : 696 (residential)
Indicative Price : (to be confirmed)
Developer : Sunway Bintang 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.