Proposed low-density serviced residence development by Zantalite Enterprise (M) Sdn. Bhd. at Bukit Dumbar. Located next to the intersection of Jalan Bukit Dumbar and Jalan Batu Gajah, easily accessible via Jalan Jelutong with an abundance of nearby amenities within walking distance. D’Mansion Residence and SJKC Phei Shin are only a few minutes’ walk away.

This development will see the construction of a 21-storey building on the 0.4 acre land, featuring only 12 residential units with 6 levels of car parking podium. There will be only one unit per floor. Common facilities will be located at level 7 and 8.

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

Project Name : (to be confirmed)
Location : Bukit Dumbar
Property Type : Serviced residence
Land Area: 0.4 acre
Built-up Area: (to be confirmed)
Total Units: 12 (including 1 duplex unit)
Tenure : (to be confirmed)
Indicative Price: (to be confirmed)
Developer : Zantalite Enterprise (M) 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.

The Bandar Cassia development plan, covering more than 6,000 acres, has not been affected by the epidemic. It is gradually progressing as planned and expects to bring a very strategic and modern city to Penang.

The Chief Executive Officer of Penang Development Corporation (PDC), Datuk Mohd. Bazid Abd. Kahar pointed out this in an online interview with “Buletin Mutiara” on Monday morning.

He said that Bandar Cassia is the third new town to emerge after the PDC developed Bayan Baru and Seberang Jaya in 1975 and 1976 respectively.

“This is a very long-term project, which is expected to take 15 years to complete. Once completed, it will be one of the most talked-about township development in Southeast Asia.”

An integrated and self-contained township

He said that unlike Bayan Baru and Seberang Jaya, Bandar Cassia will be built into an Eco-City, and gather development and facilities in various fields, including enterprises, education, medical care, housing, public spaces, and so on.

“We also want to make Bandar Cassia into a medical and digital technology hub in Penang.”

He pointed out that to be a medical hub, private hospitals, government hospitals and medical centers of international standards will be built in Batu Kawan.

“We are also planning to set up 5G infrastructure to ensure that this new town can meet the needs of today’s technology.”

Infrastructure to meet future needs

He went on to say that the various infrastructures of Bandar Cassia have taken into consideration future needs. For example, road construction will be more spacious, and there will be no road widening projects in the future that will cause inconvenience to residents.

“In any case, Penang is on the right track of development, and we will do our best to complete the Bandar Cassia development plan.”

There are more than 3000 acres of undeveloped land, but many developments have already been planned on the land.

Anticipating the future population of the area to reach 250,000, the goal is to build 45,000 to 50,000 housing units in Bandar Cassia.

For those who are looking to buy a property, Mohd Bakit encouraged them to choose Bandar Cassia for its strategic location and abundance of amenities. It will the best place to gather for work, eat, drink, and invest.

He gave an example. In the early days of the development of Bayan Baru, many people were reluctant to buy property there, thinking that it was a distance from George Town. Nowadays, housing prices in Bayan  Baru have skyrocketed and the area is now fully developed.

All started from Tun Lim era

Mohd Bakit revealed that as early as 1989, the former Penang Chief Minister, Tun Dr. Lim Chong Eu, had already planned to focus on the development of Seberang Perai. At that time, Tun Lim instructed the PDC to set up a special task force to investigate which area in Seberang Perai could be the focus of future development. He was one of the members of the working group at that time.

He said that after some studies and analysis done by the team, they identified Batu Kawan as a potential development focus. Batu Kawan was just a large palm oil plantation and scattered kampungs.

After a survey, it was found that the local people insisted on keeping the name Batu Kawan. Therefore, after naming the Bandar Cassia City for the development plan, the words “Batu Kawan” were still retained.

Changing business model to stimulate the local economy

He pointed out that the PDC used to focus on the construction of affordable housing, but in recent years it has changed its business model. While continuing to provide affordable housing, it is also building other types of housing plans.

He said that in addition to catering to the existing market demand, this move will also consolidate a better financial structure to provide more affordable housing in the future to benefit more Penangites.

“And we are also actively doing more corporate social responsibility (CSR) activities.”

He emphasized that although the mission of the PDC is to develop and build housing projects, its true mission is to stimulate local economy, thrive, and strive for better welfare for the people.

Business as usual during the epidemic

Despite the pandemic, Mohd Bakit said the development of Bandar Cassia has not been neglected. All the development preparation plans are still in progress, but how it was done is different now. For example, the form of face-to-face discussions and meetings has been changed to an online form.

PDC is taking advantage of this period of the epidemic to re-assess the budget of the entire development plan and at the same time adjusting the pace of the development plan. However, the overall plan is not affected by the epidemic.

Source: Buletin Mutiara

Prime Minister Muhyiddin Yassin announced a six-month loan moratorium to all individual borrowers, whether from the B40, M40 or T20, as well as micro-entrepreneurs.

All Malaysians will now enjoy a six-month loan moratorium beginning next month, as part of the government’s latest round of stimulus packages in light of the Covid-19 pandemic.

He said those wanting to opt for the moratorium would still need to apply with their banks, but approval will be given automatically.

“There will be no more conditions, no checks whether or not you lost your jobs, and no need for any documentation to be furnished when applying.

“I hope this initiative will more or less assist individual borrowers and SMEs in managing their cash flow during these trying times.

“However, I would like to remind everyone to use this offer wisely, and if there is no pressing need, don’t increase your financial commitment.”

Application for the moratorium will open July 7.

Besides, Muhyiddin also announced a new incentive under the Employees Provident Fund (EPF) called i-Citra. Some 12.6 million Employees Provident Fund (EPF) members will be allowed to withdraw up to RM5,000 over a period of five months under the i-Citra facility. It will see some RM30 billion going into people’s hands to sustain their daily needs.

They will be allowed to withdraw RM1,000 per month for a five-month period.

Applications can be made through EPF’s online portal from July 15 onwards, with the first payments to be credited to applicants’ accounts in August.

Ferringhi Residence 2 at Batu Ferringhi has obtained CCC, and the units are ready to move in.

According to news reported by The Star, Mah Sing Group Bhd is targetting to launch more affordable properties in the Klang Valley and Johor with over RM3.6bil in gross development value (GDV) by the second half of this year. Given the focus is in the central region, there will be no new launches in Penang for this year.

Due to the Covid-19 pandemic and phase one of the National Recovery Plan, Mah Sing’s group chief executive officer Datuk Ho Hon Sang noted that some of Mah Sing’s property launches would be delayed.

“We are also reviewing our marketing strategy and the overall development plans for Penang, ” explained Ho, who is also Mah Sing Group’s executive director.

Having said that, the group is happy to announce that Ferringhi Residence 2 in Batu Ferringhi has obtained the certificate of compliance and completion (CCC) last December, and the units are ready for the buyers to move in.

Mah Sing Group is also targetting for its M Vista freehold condominium project in Bayan Lepas to obtain the CCC by the end of this year.

As for the central region, he pointed out that the group had over 5, 000 high-rise properties with an RM2.37bil value strategically located in Bangi, Cheras, Sentul, Rawang, and Johor Baru.

“These are affordable properties priced below RM1mil per unit. Some are priced from RM299, 000 onwards, while others from RM641, 000 to RM704, 000 per unit, ” he said.

The group also planned to launch over RM1.27bil worth of properties comprising landed houses, serviced suites and retail units from its recently acquired land bank in Sepang and Setapak.

In Bandar Baru Salak Tinggi in Sepang, Ho said, “We have a 100-acre land bank on which we plan to launch double-storey terraced houses with a GDV of RM656mil.

“We will register and launch the project in the final quarter of 2021.”

The development is surrounded by townships such as Kota Warisan, Bandar Baru Nilai, Dengkil, Putrajaya and Cyberjaya.

The project is also connected to Kuala Lumpur City Centre, Putrajaya and Cyberjaya via major highways such as the Elite Highway, North-South Expressway, Putrajaya Cyberjaya Expressway, Jalan Banting-KLIA and KLIA Extension Highway.

In Setapak, Mah Sing Group is poised to launch a mixed-development project comprising serviced suites and retail units with a GDV of RM618mil.

“We are targetting first-time home buyers and upgraders from matured neighbourhood areas such as Danau Kota, Desa Setapak, Setapak Jaya, Wangsa Maju, Taman Melati, Titiwangsa and Setiawangsa, ” he added.

Ho also noted that Mah Sing Group aimed to achieve a revenue of RM1.6bil for 2021, attributed by about 91% of properties priced below RM700, 000 per unit and 51% below RM500, 000 per unit.

“We have extended our sales momentum and achieved new property sales of approximately RM650mil in the first five months.

“This is after locking in property sales worth about RM400mil for the first quarter ended March 31, 2021.

“We are confident that our projects will continue attracting interest, primarily because of their strategic locations, affordable pricing, attractive packages and innovative designs, ” Ho added.

He also said Mah Sing would continue to maintain its healthy balance sheet with cash and bank balances and investment in short-term funds of about RM901.2mil as of March 31, 2021.

“With disciplined financial management and a healthy balance sheet, the group will continue with its selective land banking strategy for continuous growth, with Greater Kuala Lumpur and the Klang Valley being the focus areas, ” he said.

Source: TheStar.com.my

Developed by a multi-award winning developer – Hunza Properties Berhad. Mekarsari Anggun is the latest phase of Mekarsari. The “Palace-Style 11ft High Fencing*” complete with CCTV surveillance and security patrol will be the first of its kind in northern Malaysia.

Are you facing the same problem?

In an apartment or condo, you would have to drive through a multi-storey car park, and worse, using the staircase is a nightmare when the elevator is out of order! Also, with limited room, you are unable to have your ideal working space or a “personal” corner at home, right?

It’s not easy to find a dream home now. So how ah?

I want to find a house with a good location in Penang, but expensive lah! If further from town, nearby facilities not well established. Furthermore, if under Movement Control Order (MCO), we can only travel within 10km. What if the surrounding facilities all not complete? Besides, if we want to find a bigger house, with a secure environment and with recreational facilities, we have to pay a higher cost for the house and higher maintenance fees!

New normal, no very different liao

During the pandemic, everyone started to change their living behaviours and adapted to the new normal. Now le, majority work from home, also have to arrange for our kids to have an online class. If the existing house too small and insufficient space for this new lifestyle, then how leh? Space is very important now. Need a more flexible and spacious layout to be future-proof!

Great news! Great Saving!

Let us tell you where you can find a bigger house with good location with established amenities, spacious built-up, secure environment, private residential facilities and most importantly is the selling price from only RM4XXK! Enjoy HOC 2021 10% discount* when you book now! This is not a dream ah! “

– Hunza

Mekarsari Anggun – 1st truly Gated & Guarded Community

Spacious Built-up, Big Land Size, Quality Finishing, Garden Living Concept, High Perimeter Fencing, Low Maintenance Fees, Strategic Location, Attractive Selling Price, Exclusive Rewards and Early Bird Privilege! Grab now @ https://wa.link/uf8p8e

• Double Storey Garden Homes & Super Links
• Various land areas can be selected, from 22’x70′ / 24’x70′ / 32’x70′
• Spacious built-up from 2,136sq.ft. to to 2,394sq.ft.
• Back Land Garden, is up to 20′ – 49′ wide
• 4 spacious Bedrooms, 3 Bathrooms, 2 Living Halls, 1 Master Balcony from RM4XXK*
• Super-Layout Concept to enlarge every single space in the house
• Free Upgraded Master Bathroom
• Fully Extended Open Concept Kitchen
• Health and Leisure Resident’s Facilities: The Boulevard Garden, Jogging Track, Children’s Playground, Multi-purpose Hall and so on.
• Situated in a strategic location, from N-S Highway (Exit 166) – Bertam Toll, is only 5-10 minutes’ drive to Mydin/Lotus Tesco Shopping malls, Schools, University of Science (USM), Colleges, Markets, Government Departments, Hospital. It also takes 15-20 minutes to Penang Bridge, Butterworth, Bukit Mertajam, Kulim and Sungai Petani!

Developments with similar concept in Raja Uda, Bukit Mertajam or Batu Kawan are at least RM600K-RM700K*! For your info, our local construction material has risen by at least 40% based on reported news! So why wait, now is the best time to own a home! Grab this super deal landed freehold house from only RM4XXK*! Grab now @ https://wa.link/uf8p8e

With record low bank interest rate and HOC 2021 has just been extended until the end of 2021! Book now and enjoy 10% discount and 0 MOT stamp duty. In addition, the developer also offers “Early Bird Privilege“, allowing you more to easily own this best value property! For more details, immediately call 04-5758001 or view show units virtually click here @ https://wa.link/uf8p8e