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UPCOMING: Balik Pulau / MTT Properties & Development SB

Balik Pulau/ 19 February 2022 No comments

proposed-development-by-mtt-properties-development

A proposed new phase of residential development by MTT Properties & Development Sdn. Bhd. in Balik Pulau. Also known as the Phase 2A of Botanica.CT, the project will be located on approximately 4 acres of land along Jalan Sungai Air Putih 5, right next to Prince of Wales Island International School. It is just a few minutes’ walking distance to Botanic CT Centre.

This is a strata development featuring a mix of 2-storey clustered and semi-detached houses:

  • 2-storey clustered (28 units)
  • 2-storey semi-detached (32 units)

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

Project Name : (to be confirmed)
Location : Balik Pulau
Property Type : Residential
Tenure: Freehold
Built-up Size: (to be confirmed)
Total Units : 28 (clustered), 32 (semi-detached)
Indicative Price : (to be confirmed)
Developer :MTT Properties & Development 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.

MTT and Selgate to develop Balik Pulau’s first private specialist hospital

Property News/ 18 February 2022 3 comments /中文版

selgate-mtt-balik-pulau

In its bid to become a leading private healthcare operator, Selgate Corporation Sdn Bhd is teaming up with MTT Properties & Development Sdn Bhd to set up a private specialist hospital in Balik Pulau via its healthcare arm Selgate Healthcare Sdn Bhd.

Selgate Corp group chief executive officer Noor Hisham Mohd Ghouth said the hospital is targeted to be ready by 2025 and would add about 150 beds to its healthcare operations.

“In terms of funding, we have not yet finalise the structure, or whether MTT or Selgate Healthcare will build the hospital, but we will come in as the hospital operator,” he told reporters after signing a memorandum of understanding (MoU) with MTT group chairman Datuk Seri Kenny Ong Kean Lee yesterday.

He said the group aims to operate seven hospitals with approximately 1,000 beds over the next five years and that its first hospital in Rawang is expected to start operations early next year to serve the increased demand for quality healthcare services.

Meanwhile, Ong said MTT Properties & Development has allocated 2.02 hectares for its first healthcare venture at its Botanica CT Garden Township, and that this collaboration would result in establishing Balik Pulau’s first private specialist hospital.

The partnership is a milestone for stakeholders and paves the way for the development of a self-sustaining township, providing quality healthcare beyond the township to Balik Pulau and neighbouring communities.

“It will also serve to enhance our first integrated aged-care facility Eden @ Botanica CT which will be launched later this year,” he said.

Witnessing the event, Penang Chief Minister Chow Kon Yeow said the new hospital adds to the state’s current 18 private hospitals and would solidify Penang’s position as the country’s top healthcare travel destination.

“According to Malaysia’s Healthcare Travel Industry Blueprint 2021-2025, Penang leads the way in healthcare travel revenue, earning RM750 million from 500,000 patients who flew here in 2019. It is named as the ‘most established state in healthcare travel’,” he added.

Source: Bernama

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SITE PROGRESS: Garden Superlink @ Jesselton Hills (Feb 2022)

Property News/ 17 February 2022 No comments

P3-2

 

About Garden Superlink @ Jesselton Hills

The 3rd Garden Homes Collection offering by Wing Tai Asia in Bukit Mertajam. It is part of the 120-acre Jesselton Hills development, which was first launched in 2011. The residential enclave is strategically located near Jalan Rozhan, with easy accessibility to an abundance of nearby amenities. AEON Mall and SJKC Sin Ya primary school are only five minutes drive away.

(Photos taken in Jan 2022)

Find out more about Garden Superlink @ Jesselton Hills

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Penang prepares industrial land at SPU for further growth

Property News/ 16 February 2022 9 comments

Aerial view of SPU

Penang will soon have a new industrial park in Kepala Batas (north Seberang Perai district) to cater foreign investors’ interests in the state.

Chief Minister Chow Kon Yeow told Japanese Ambassador to Malaysia Katsuhiko Takahashi that the state has looked into industrial land issue after having attracted various foreign investments last year and the preceeding years.

Takahashi was paying a courtesy call on Chow in the latter’s office in Komtar yesterday.

“The Kepala Batas Industrial Park, which is estimated to be ready by the second half of this year to attract investors, is close to Kulim and it takes about a 20-minute drive from the Penang Bridge.

“This is the urgent measure taken to ensure sufficient land for the factories.

“We hope that Penang can remain the destination of choice for many investors, especially from Japan,  through this initiative.

“We will make further announcement when everything is ready,” he said.

They also discussed various topics, including the state’s tourism, Covid-19 situation, Japanese community, and other related matters.

Takahashi expressed his hopes that the annual Bon Odori festival would take place this year.

“It is an annual event, which will attract tourists to the state.

“We hope that it can be held, at least in a small-scale event, amid the pandemic,” he said.

Chow too hoped the festival would materialise this year, although it would be subject to the situation at that time.

Source: Buletin Mutiara

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Penang Gateway

Bayan Lepas/ 15 February 2022 2 comments /中文版

penang-gateway-main-facade

Penang Gateway, an upcoming mixed-development by Rackson Group at Bayan Lepas. Strategically located just across Jalan Sultan Azlan Shah from Penang International Airport, it is expected to generate RM1.5 billion in gross development value (GDV). A link bridge will connect it to the proposed Light Rail Transit (LRT) station at Penang International Airport and the airport’s future development.

Phase 1 of this development will see the construction of Le Meridien hotel, and work is set to start in the middle of this year. Future development includes serviced suites, office tower, wellness apartments, medical suites, and a wellness centre.

Project Name : Penang Gateway
Location : Bayan Lepas
Property Type : Mixed development
Total Units: (to be confirmed)
Built-up Area: (to be confirmed)
Indicative Price: (to be confirmed)
Developer : Rackson Group

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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.