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SITE PROGRESS: Queens Residences (July 2021)

Property News/ 7 July 2021 No comments

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About Queens Residences

Luxury waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar Condominium, just stone’s throw away from Queensbay Mall.

(Photo taken late June)

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Renovation works for residential houses allowed during NRP phase 2

Property News/ 6 July 2021 5 comments
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Penang will enter the second phase of the national recovery plan starting tomorrow. During the second phase of the National Recovery Plan, renovation works for individual residential houses and commercial buildings are allowed.

According to the latest standard operating procedures (SOP) announced by the National Security Council yesterday, the approved construction areas include renovation work for individual residential houses and commercial buildings, emergency maintenance and upgrading works, and construction of public facilities.

In addition, construction projects involving employee accommodation (approved), construction projects that provide employees with on-site accommodation or Centralised Workers Quarters (CLQ), small-scale projects by G1 and G2 contractors, and land survey work are also allowed to operate.

Construction industry approved to operate:

  • Critical maintenance and repair works
  • Public infrastructure construction works
  • Construction works with approved employee accommodation on-site build
  • Construction works placing workers in approved Centralised Workers Quarters (CLQ)
  • Construction works for small scale projects carried out by G1 and G2 contractors
  • Renovation works for individual residential houses / commercial buildings
  • Land survey works

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Sanctuary Terrace

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Sanctuary Terrace, yet another new phase of residential development proposed at Permatang Sanctuary by Manda’rina Sdn. Bhd. (IJM Land) in Alma, Bukit Mertajam. Located within an established neighbourhood, only a mere minutes drive to an abundance of amenities nearby namely AEON Mall, Tesco Hypermarket, eateries, schools and banks.  It is about a 20-minute drive to both Penang bridges.

This development is located on 8.9 acres of land along Jalan Santuari 2, right opposite Sanctuary Ridge and Sanctuary Residence. It will feature 95 units of 2-storey terrace houses.

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

Other phases:

Project Name : Sanctuary Terrace @ Permatang Sanctuary
Location : Permatang Tinggi, Bukit Mertajam, Penang
Property Type : 2-Storey Terrace
Tenure : Freehold
Land Area: (to be confirmed)
Built-up Area: (to be confirmed)
Total Units : 95
Indicative Price: (to be confirmed)
Developer : Manda’rina Sdn. Bhd. (IJM Land)

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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.

Penang moving to Phase 2 of NRP on Wednesday (July 7)

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Penang will move into Phase Two of the National Recovery Plan on July 7, after fulfilling key three indicators, says Senior Minister (Security) Datuk Seri Ismail Sabri Yaakob.

Among the three thresholds Penang had achieved includes the average number of daily cases by recording 9.5 cases out of 100,000 people for seven days.

Ismail Sabri also said that the National Security Council special meeting chaired by Prime Minister Tan Sri Muhyiddin Yassin also noted that the use of beds at intensive care units in Penang was moderate.

The meeting was also told that the percentage of individuals who had received two doses of the Covid-19 vaccine in the state is 10.1%.

“The NSC special meeting on Monday (July 5) reviewed a presentation on transitions for states under the NRP and after looking at the threshold figures, the council has agreed for Penang to move to the next phase which is Phase Two,” he said on Monday.

Ismail Sabri said states which have successfully moved to Phase Two are advised to continue with efforts to protect the community from Covid-19 infection and to boost the state’s performance so that they can proceed to subsequent phases.

“This will help expedite the respective states’ recovery process for its economic and social sectors,” he said.

Source: TheStar.com.my

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Exclusive Penang property marketplace for all owners, landlords and agents

Property News/ 5 July 2021 No comments

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