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UPCOMING: Simpang Ampat / Great Marvel Sdn. Bhd.

Simpang Ampat/ 17 March 2021 No comments

proposed-development-great-marvel

Proposed residential development by Great Marvel Sdn. Bhd. at Simpang Ampat. Located next to SA65 Taman Perdana, also known as phase 2B and 2C of the same housing scheme.  It is just a stone’s throw away from Simpang Ampat Small Medium Industrial Park, about 10 minutes drive from Bukit Tambun Toll Plaza. Surrounding amenities include GEMS International Schools, Pearl City Mall, banks, market, eateries, and a few other public schools.

This development will feature 53 units of 3-storey and 44 units of 2-storey terrace houses.

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

Project Name : (to be confirmed)
Location : Simpang Ampat
Property Type : Terrace
Tenure : Freehold
Land Area: (to be confirmed)
Built-up Area: (to be confirmed)
Total Units : 53 (3-storey), 44 (2-storey)
Indicative Price: (to be confirmed)
Developer : Great Marvel Sdn. Bhd.

Register your interest here and we will keep you updated

(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.

JMB and MC need 75% approval from unit owners for short-term rental in stratified residential buildings

short-term-rental

Short-term accommodation in stratified residential buildings in Penang can only be allowed when the Joint Management Body (JMB) or Management Corporation (MC) gets 75% approval from the unit owners.

State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said JMB or MC would need to conduct an annual general meeting (AGM) to seek approvals from the unit owners before further proceedings.

“While short-term accommodation is deemed unnecessary during this period, it can still be done provided JMB’s and MC’s get approvals from the unit owners first.

“There are many other sectors that can be ventured into to sustain the economy, but not necessarily through short-term accommodation as it involves the safety and security of residents at large.

“We must try our level best to avoid such activities, which in a way would contribute to further jeopardising our health and safety, especially in view of the Covid-19 pandemic,” Jagdeep said during a press conference at The Ocean View apartment in Jelutong today.

He added that the Commissioner of Building under the Penang Island City Council (MBPP) had released a letter dated Jan 4 this year stating that the operations of short-term accommodation must first get approvals from the JMB’s and MC’s.

“If individuals are found violating this house rule by the JMB and MC, they would be fined with a penalty of RM200.

“While there are existing house rules, both JMB and MC are allowed to come up with additional ones which would fall under the Strata Management Act.

“There is a total of 1,621 stratified residential buildings in Penang. The state government will continue in its efforts to ensure all these buildings and its residents are well protected.”

Jagdeep had also recently proposed to the Federal Government to see if stricter penalty could be implemented as the fine (RM200) is proving to be least effective.

Under the Strata Management Act, Jagdeep stated that MBPP and the Seberang Perai City Council (MBSP) would be revving up their efforts to finalise guidelines pertaining to this issue.

“These guidelines would prove to be influential in managing this issue as there have been many complaints from residents,” he added.

Source: Buletin Mutiara

 

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CMCO extended in Penang and 5 other states till March 31

Property News/ 16 March 2021 No comments

cmco

The conditional movement-control order (CMCO) has been extended in Penang and five other states and FT until March 31, Senior Minister Ismail Sabri Yaakob said today.

The other states are Johor, Selangor, KL, Kelantan and Sarawak, the defence minister told a press conference today. Inter-state travel still not allowed.

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Signature Three

signature-3

Signature Three, yet another affordable housing development by Excel Focus Properties Sdn. Bhd. at Permatang Pauh. Strategically located on a 3.08-acre land along Jalan Permatang Pauh, adjacent to the recently completed Residensi Permatang Pauh affordable housing scheme. It is about 500 meters away from Butterworth-Kulim Expressway. other neighboring communities include Taman Naluri, Taman Naluri Ria and Taman Janggus Jaya.

The proposed development comprises a 27-storey condominium, featuring 410 affordable residential units with a standard unit size of 900 sq.ft. It also comes with 7 levels of car parking podium and swimming pool.

READ MORE ABOUT AFFORDABLE HOUSING:

Project Name : Signature Three
Location :
 Permatang Pauh
Property Type : Affordable housing
Total Units: 410
Built-up Area: 900 sq.ft.
Indicative Price: RM250,000
Developer : Excel Focus Properties Sdn. Bhd.

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.

PR1MA ‘rent-to-own’ housing scheme to be launched in June

Property News/ 14 March 2021 No comments
Zuraida_ampang_2

Source: EdgeProp.my

The rent-to-own (RTO) housing scheme as announced under Budget 2021 involving PR1MA homes nationwide is expected to be launched this June.

Housing and Local Government Minister (KPKT) Datuk Zuraida Kamaruddin said the ministry is in the midst of discussions and refining on the housing scheme mechanism with banking institutions.

“The RTO has yet to be implemented because we are waiting (for results of discussions) on the mechanism to be adopted.

Once the scheme is finalized, we will offer the PR1MA houses that have been approved and we are trying to do this by June,” she said after a Malaysia Prihatin Programme with the KPKT Minister here today.

Last November, Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz in tabling the 2021 Budget said, the government will be collaborating with select financial institutions to provide an RTO scheme, which will be effective until 2022, involving 5,000 PR1MA homes nationwide with a total value of over RM1 billion, especially for first-time home buyers.

Source: Bernama

 

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