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World-class facilities for Weld Quay seafront

Property News/ 9 August 2021 4 comments
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An artist’s impression of signature restaurants at Weld Quay

Penang’s northeastern seafront along Weld Quay will soon see world-class facilities providing food, sports and education once MPDT Capital Berhad upgrades three old port warehouses and part of Tanjung City Marina.

With an investment of RM120mil, the project dubbed ‘MPDT 1880 Heritage Reborn’ on 24,956sq m (268,624.15sq ft) within George Town Unesco World Heritage Site will complement Swettenham Pier Cruise Terminal (SPCT) in line with the ‘Experience Penang’ campaign.

On top of chic, new food and beverage outlets by the sea, get ready for a vehicle showroom, an e-sports arena, a flight simulator training centre as well as various other recreational and entertainment facilities.

The proposed development includes 2,480.51sq m (26,700sq ft) of seafront F&B outlets while the vehicle showroom will be 975.48sq m (10,500sq ft), and the e-sports arena will be 1,551.48sq m (16,700sq ft).

There will also be 464.51sq m (5,000sq ft) of restaurants above the sea while the flight simulator training centre certified by Civil Aviation Authority Malaysia will occupy a whopping 4,273.53sq m (46,000sq ft) to house Level-D Full Flight Simulators and Level Two Flight Training Devices.

Penang Port Commission (PPC) chairman Datuk Tan Teik Cheng said a lease agreement with MPDT Capital Berhad has been signed for the company to redevelop the port’s three old warehouses and part of Tanjung City Marina within the next two years.

He said the agreement would allow MPDT Capital to develop Warehouses Five, Seven and Eight and part of Tanjung City Marina.

“MPDT Capital was selected out of several eligible companies through a request for proposal which was opened from Nov 16 last year to March 15 this year.

“After evaluation, we have approved MPDT Capital Berhad to be awarded a 30-year lease with an option for 15 years’ extension.

“PPC fully entrusts MPDT Capital to realise this development after considering its credibility and experience in implementing local and international projects,” Tan said.

Other attractions coming up in the project include a research and development hothouse, photography studio, event studio and co-working space.

“The project is expected to take between 18 and 24 months to be completed,” said Tan in a statement after signing the agreement in a ceremony witnessed by Transport Minister Datuk Seri Dr Wee Ka Siong on Friday.

The project is part of the Eastern Seafront Development (ESD) within George Town’s Unesco World Heritage site.

 

Source: TheStar.com.my

Cross-district travel is allowed for fully vaccinated individuals

Property News/ 8 August 2021 No comments

interdistrict allowed

Prime Minister Muhyiddin Yassan has just announced the SOP relaxation for those who have received both doses of their Covid-19 vaccine.

Below are the definitions of fully vaccinated individuals:

  • Double-dose vaccines such as Pfizer-BioNTech, AstraZeneca, Sinovac: 14 days after second-dose vaccination
  • Single-dose vaccines such as Johnson & Johnson & CanSino: 28 days after vaccination

Below are the summary of SOP relaxation for the fully vaccinated individuals, applicable to all phases of NRP:

  • Malaysia citizens and PR residents who return to Malaysia from other countries are allowed to do home-quarantine only
  • Long-distanced husband & wife, are allowed to cross-district and cross-states to meet each other
  • Parents are allowed to cross-districts/cross-states to meet children below age of 18
  • Limited mosque prayers are allowed with strict SOPs, same as other religions

For fully vaccinated citizens in Phase 2 of NRP onwards:

  • Cross-district is allowed as long as the digital cert Covid-19 vaccination is present
  • Dine-in is allowed as long as the digital cert Covid-19 vaccination is present
  • Sports without physical contact are allowed, such as jogging, cycling, hiking, fishing, badminton, golf and more
  • Tourism within the same state is allowed, where home-stay and hotel can operate.

The above will take effect starting Aug 10 (Tuesday), 2021.

More details to follow.

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Desa Bayan apartment to receive RM123,000 for repair works under TPM80PP

Property News/ 8 August 2021 No comments

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The Penang government has spent a total of RM281.7 million for the maintenance works in public and private housing schemes in the state since 2008.

State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the amount spent was up to July 31 this year.

He said the total spending included maintenance works under public housing scheme; maintenance works under Penang Island City Council (MBPP) housing scheme, maintenance works under Seberang Perai City Council (MBSP) housing scheme and Penang Maximum 80% Maintenance Fund (TPM80PP).

“Generally under TPM80PP, a total of RM45.24 million has been spent.

“This involved various works that have been carried out for 479 projects, like upgrading of flats’ lifts, replacement of water tanks, replacement of roofs, painting, road paving and others.

“The state also hopes that the Federal Government can assist the state in this maintenance works’ projects.

“We appeal for their kind consideration in order to assist the needy staying in the flats,” he told reporters after visiting Desa Bayan apartment in Bayan Lepas yesterday.

During the visit, Jagdeep announced that the state has approved the repair works for five lifts in Desa Bayan apartment.

“This 21-year-old apartment has five blocks with a total of 720 units.

“The residents here have been facing this long-standing problem. Hence, I am happy to announce that the state will bear 80% of the RM123,000 repair cost.

“The remaining 20% will be borne by state Entrepreneurial Development, Trade and Industry Committee chairman Datuk Abdul Halim Hussain, who is also the Batu Maung assemblyman,” he said, adding the repair works, which are scheduled to start this month, would take about 16 weeks.

Abdul Halim, who was present, noted the plight of the residents staying in the apartment, especially with the ongoing Covid-19 pandemic.

Source: Buletin Mutiara

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MPDT Capital to redevelop Swettenham Pier Cruise Terminal

Property News/ 7 August 2021 5 comments

penang-ports

The Penang Port Commission (PPC) has signed a lease agreement with MPDT Capital Bhd for the company to redevelop the port’s three old warehouses and part of Tanjung City Marina with an expected investment of RM120 million.

In a statement today, PPC chairman Datuk Tan Teik Cheng said it had invited qualified companies to develop the old warehouses and the Tanjung City Marina land section through a request for proposal which was opened from Nov 16, 2020 to March 15, 2021.

“Various proposals had been received and after going through several processes, we approved MPDT Capital for a lease period of 30 years with the option to extend for 15 years.

“The project is expected to take between 18 and 24 months,” he said.

Tan also said among the attractions to be developed in the 24,946 square metre area are restaurants including an open food court, various sports and recreational facilities, and a simulator training centre.

Tan said once the development is completed and operational, he believes the area would revive the atmosphere around the Swettenham Pier Cruise Terminal and become an attractive tourism destination in Penang.

“The redevelopment is anticipated to boost Penang’s tourism sector and stimulate the state’s economy,” he said.

Source: Bernama

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Taman Areka @ Sungai Pinang 7 is complete with greenery and various leisure facilities

Property News/ 7 August 2021 No comments

tamna-areka

Taman Areka neighbourhood park at Lebuh Sungai Pinang 7 is now upgraded with more car parking facilities.

Sungai Pinang State Assemblyman (ADUN), Lim Siew Khim said, the car parking facility can now accommodate about 85 vehicles at a time.

“The open space here has been upgraded by the Penang Stadium and Open Space Corporation and is fully ready for the use of visitors and residents since August 1,” she said when visiting the area on Thursday morning.

Taman Areka, which covers an area of ​​more than three acres, is a recreational park equipped with various outdoor gym, jogging and bicycle tracks, a children’s playground as well an urban community farm.

According to Siew Khim, the community farm was started two months ago with the help of several local residents.

“This land used to be abandoned and full of bushes, so we took the initiative to plant vegetables and fruits here… it turned out to be worthwhile in just two months and the results have been harvested.

“Among those grown here are long beans, cucumbers, eggplants, okra, sweet potatoes, lemongrass, telang flowers, pineapples, sugarcane trees, and many more,” she said excitedly while picking vegetables that had been cooked there. along with the locals.

Siew Khim also shared her plan to have ducks, chickens, rabbits here in the future, so children can get to know more about the habitats and animals that are rarely found in the city now.

“In fact, for the suburbs of Sungai Pinang, I have contacted the Forest Research Institute of Malaysia (FRIM) to come and see and review the suitability of planting berembang or mangrove trees on the banks of Sungai Pinang. With the natural habitat of berembang trees, it is hoped to attract fireflies. to this area, ” she shared.

 

Source: Buletin Mutiara

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