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Jagdeep reminds owners about rules on homestays

Property News/ 25 March 2021 No comments
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Joint management bodies (JMB) and management committees (MC) of strata schemes can enact a bylaw to prevent short-term accommodations under Section 70(2) of the Strata Management Act 2013 (SMA), Penang state local government committee chairman Jagdeep Singh Deo (pictured) reminded all stakeholders, The Star reported.

“We hope people are aware of this. We have had complaints from owners of residential buildings about homestays in their areas.

“We understand that some unit owners may want to earn additional income through short-term stays or homestay businesses but this is not acceptable. If unit owners want to rent their units out to short-term guests or turn them into homestay units, 75% of the residents there must first agree to it.

“An annual general meeting (AGM) must be chaired by the JMC or MC and three quarter of residents in that particular building must be agreeable to the idea. Otherwise unit owners are not allowed to turn their units into homestay units,” Jagdeep told the media after a spot check at a condominium along Karpal Singh Drive here yesterday.

Jagdeep added that JMBs or MCs can issue a compound to the owner if he or she insists on continuing the homestay even after residents do not allow it.

“Under the Strata Management Act, 2013, the JMB and MC can enact their own bylaw to compound the owner RM200 for each time the unit was rented out for a short-term stay.

“If the JMB and MC has issued compounds to the unit owner and the compounds are not paid or if there are further disputes, the issue can be referred to a tribunal,” Jagdeep said.

“If the majority are not agreeable to the idea, unit owners must not continue with the short-term stay business.

“But if the majority is agreeable, go ahead. At the end of the day, we just do not want any social issues.

“This is because short-term stay businesses may endanger the local community, as they would not know who entered the premises.”

Jagdeep also revealed that landed properties such as terraced homes and bungalows also faced “similar problems and we will look into them soon”.

“We are studying other property types as well but we are sure landed home owners would not allow homestays as well.”

Source: EdgeProp.my

 

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Ferringhi Residence 2 is now completed with VP

Property News/ 24 March 2021 No comments

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Ferringhi Residence 2 is a freehold prestigious residential development by Mah Sing Group. Located just a few minutes away from the famous tourist belt of Batu Ferringhi beach, it comprises low-rise condo villas and high-end condos with built-up area ranging from 1,208 to 1,565 sq ft.

There are 3 choices of floor plan layout to choose from and each unit is designed to have good natural ventilation and lighting with most living spaces having 16ft wide opening towards outdoor. The living, dining and kitchen have an open-plan layout to enhance spaciousness with a resort feel. It also features the largest resort-style facilities deck in Penang, fostering a harmonious, communal and family spirit amongst closely-knit residents.

 

Ferringhi Residence 2 Tower B is now completed with VP and ready to move-in.  Register your interest now to find out how you can own the best resort home in the heart of Batu Ferringhi with up to 12 months of subsidy!

Developer unit available. Register your interest now to receive a call back!

*By submitting this Form, you hereby agree to our PDPA Consent Clause.
(This information may be used by the developer or their appointed agent to initiate follow-up communications with you on the project.)

SITE PROGRESS: Urban Suites (March 2021)

Property News/ 24 March 2021 No comments

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About Urban Suites

A commercial property development by Aspen Vintage Sdn. Bhd. (Cosmopolitan Homes) in the established township of Jelutong.  It is easily accessible via Tun Dr Lim Chong Eu Expressway and surrounded by abundance of amenities. Urban Suites comprises two 42- storey towers, featuring 596 units of commercial suites.

Find out more about Urban Suites

Register your interest here

AFFORDABLE: Air Itam / Zantalite Enterprise (M) Sdn. Bhd.

Ayer Itam/ 23 March 2021 1 comment

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A newly proposed affordable housing development by Zantalite Enterprise (M) Sdn. Bhd. at Air Itam. Located off Jalan Khoo Hye Keat, less than 5 minutes drive from Penang Hill Lower Station. This is probably the first affordable housing project proposed for the established township of Air Itam.

The proposed development will see the demolition of the existing buildings, for the construction of a 34-storey condominium. It will feature 596 affordable residential units, with 6 levels of car parking podium. Facilities will be located at the 7th floor and top floor.

This project is in its planning stage. More details to be available upon official launch.

READ MORE ABOUT AFFORDABLE HOUSING:

Property Project : (to be confirmed)
Location : Air Itam, Penang
Property Type : Affordable housing
Total Units: 596
Built-up Area: (to be confirmed)
Indicative Price: RM300,000 (affordable housing price)
Developer : Zantalite Enterprise (M) Sdn. Bhd. (OHM Group)
Last Updated: Oct 2021

Register your interest here

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.

Location Map:

 

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.

Zen 9

Bayan Mutiara/ 22 March 2021 67 comments

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Following the successful sales of The Zen affordable housing scheme and Zen 6, Asia Green Group will be launching yet another mixed development within the same vicinity at Bayan Mutiara soon. It is strategically along Tun Dr. Lim Chong Eu Expressway, near the exit of Penang Bridge’s Bayan Lepas exit on the Island. It is known as Zen 9.

The proposed development comprises 38-storey skyscraper with two residential towers, featuring a total of 934 serviced residence units with 64 retail shop lots at level 1 and 2. There will be 7 levels of car parking podium.

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

Property Name: Zen 9
Location : Bayan Mutiara, Penang
Property Type : Mixed development
Total Units : 934 (serviced residence), 64 (shop lot)
Land Tenure : (to be confirmed)
Indicative Price : (to be confirmed)
Developer : Asia Green Construction Sdn. Bhd. (Asia Green Group)

Register your interest here

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.

Location Map:

 

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.