A proposed mixed development by Crystal Faber Sdn. Bhd. in the heart of Bukit Mertajam. Strategically located along Jalan Ciku, immediately opposite Ng Yam Huat food court with an abundance of essential amenities within 2km radius. Neighboring communities include Sunway Wellesley, Aston Acacia and Aston Park East. This project was formerly known as BM Park Lane by Rank City Sdn. Bhd. With the planning submission by the new developer, it is expected to have a new lease on life.

This development comprises a mix of residential and commercial units, to be developed in three phases:

• Phase 1 – 3-storey shop office (9 units)
• Phase 2 – 21-storey condominium with 4 levels of car parking podium. Feature 278 residential units and 28 retail lots located at the ground level.
• Phase 3 – 3-storey shop office (15 units)

This project is still pending approval. Details to be available upon project launch.

Project Name : (to be confirmed)
Location : Bukit Mertajam
Property Type : Mixed development
Total Units: 278 (residential), 52 (commercial)
Built-up Size: (to be confirmed)
Indicative Price: (to be confirmed)
Developer: Crystal Faber 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.

Photo Source: Facebook

Several outdoor sports activities in Penang will now be allowed since the state is under the Phase Two of the National Recovery Plan (NRP).

Jogging, exercise, swimming, solo kayaking, taichi, cycling, skateboarding, fishing, equestrian, archery, hiking, tennis/badminton (single) and golf are allowed from Aug 23, yesterday.

Outdoor and semi-outdoor sports centres including swimming pools can now reopen with a 60% capacity and 60% of workers. Indoor sports facilities must remain closed.

Everyone can take part in the allowed sports and recreation activities including those who are yet to be vaccinated, but with strict adherence to standard operating procedures (SOP).

However, state youth and sports committee chairman Soon Lip Chee said those who want to dine-in at cafes or restaurants within the premises of sports activities must be fully vaccinated.

He said the Penang Island City Council public swimming pool in Relau on the island will be open from 7am to 10am and 4pm to 9pm with a maximum of 30 people at any one time. Bookings can be done by calling 012-5105997.

Seberang Prai City Council’s swimming pool in Jalan Betek, Bukit Mertajam, will be open from 8am to 1pm and 4pm to 9pm with a minimum of 60 people at any one time.

Soon said appointments can be made by calling 04-5305685, 04-5497489 or 012-5721567.

He added that the use of swimming pools in hotels will come under the jurisdiction of Tourism, Arts and Culture Ministry while for strata buildings, decisions can be made by joint management bodies.

Source: TheStar.com.my

PR1MA Corporation Malaysia (PR1MA) has provided 10 buses for the implementation of the Community Vaccine Mobilisation (Movak) programme in Perlis, Kedah and Penang from today until Sept 2.

In Penang it will be held from Aug 30 to Sept 2 at Dato’ Haji Ahmad Badawi Hall; Jalan Betek Sports Complex; Batu Kawan Stadium; Bandaraya Stadium, and Perda Teluk Kumbar Hall.

PR1MA chairman Datuk Seri Dr Shahidan Kassim said the buses which would function as mobile vaccination centres (PPVs) would benefit 7,500 residents in Perlis, 5,000 in Kedah and 11,000 in Penang.

“It is hoped that PR1MA can help boost the vaccination rate by facilitating the access of the local residents to the existing vaccines,” he said in a statement today.

He said PR1MA fully support the Movak programme which was an initiative under the Ministry of Housing and Local Government to expedite vaccination exercise under the National Covid-19 Immunisation Programme.

Source: Bernama

The rising cost of housing remains one of the main issues today and there is an urgent need to address this soon to make the property more affordable.

This is probably top on the wish list for Malaysian property developers, homebuyers, and real estate practitioners.

According to an online survey conducted by Juwai IQI, a top priority for real estate professionals across the country is to address the rising cost of housing.

Seventy-five per cent of surveyed agents agreed that the government should do more to address the higher cost. That includes 57 per cent of surveyed agents who ‘strongly’ agreed and 18 per cent who ‘somewhat’ agreed.

Juwai IQI co-founder and group chief executive officer Kashif Ansari said Malaysia has a relatively young population and workforce, and this creates strong demand for affordable residential properties in the major metropolitan areas.

“People are moving from rural areas to Kuala Lumpur, Selangor, Penang, and Johor, but property prices in these areas have increased over the past year five years. At the same time, our urban population has increased by 20 per cent, from 20 million to 25 million,” he said.

Kashif said the process of urbanisation and the global wave of rising asset costs has pushed prices up even higher than predicted.

He said although the pandemic has temporarily slowed the rate of urbanisation, the rural-urban population shift will resume once Covid-19 becomes the past.

“Real estate professionals work with homebuyers every single day, so they know the challenges they face. We believe that is why so many agents feel the upcoming Budget 2022 should include measures to address the rising cost of the property,” he said.

The survey showed that 60 per cent of real estate professionals in Kuala Lumpur and Selangor want more measures to address the cost of housing, 50 per cent in Penang, 57 per cent in Sabah, and 55 per cent in Sarawak.

Kashif reiterated that housing is a basic need and a basis for asset accumulation.

According to Research for Social Advancement, in 1990, the price of the average home was equivalent to about 4.7 years of per capita income and it has nearly doubled to 9.5 years today.

Between 1990 and 2019, the average home prices have increased 5.6 times or a 460 per cent capital appreciation.

“Malaysians who bought their own homes before prices climbed have been able to build financial security for their families. Those who can buy today will benefit from future price gains,” said Kashif.

He added that the new government will have a lot on its plate, including addressing the ongoing Covid-19 pandemic.

Source: NST Online

About Celesta Residency

mixed development by Red Blue Development Sdn. Bhd. (TGB Group) in the established township of Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, diagonally opposite three public schools, namely SRJK(C) Kwang Hwa, SRJK(C) Shih Chung and SMK Sungai Nibong. It features a mix of residential and commercial components.

Find out more about Celesta Residency