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Penang eyeing more industrial land following rising demand in Batu Kawan

Property News/ 9 March 2021 No comments

batu-kawan-industrial

The Penang government is on the lookout for more industrial land to meet the rising demand for such properties following the encouraging take-up in Batu Kawan by investors.

Penang Chief Minister Chow Kon Yeow said the Batu Kawan Industrial Park was a “smashing success” due to the rapid land take-up over the past few years, reported Bernama.

Chow said because of that the state will have to look out for industrial land to meet the demand.

He also said the government at the Federal, state and local levels should provide proper incentives to attract potential investors in order to be outstanding against the neighbouring countries.

“We are considered lucky that Penang is one of the preferred destinations for potential investors, as I believe that they would have put in a lot of land research and consideration on other countries around the world before making their final decision,” he said via video conferencing.

Earlier today Chow witnessed Lam Research Corporation Group’s virtual roof topping-out ceremony of its new manufacturing facility in Batu Kawan.

The US-based global supplier of innovative wafer fabrication equipment and services to the semiconductor industry is investing close to RM1 billion to build a factory, including offices and a warehouse on a 138ha site.

The new factory will be the group’s largest manufacturing facility, among its existing facilities in the US, Austria, South Korea and Taiwan.

Lam Research (Manufacturing) vice president Mike Snell said the company would serve as the manufacturing hub for Asia and that the new site will be an advanced manufacturing facility with the flexibility to expand further when needed.

The new facility is on target to open by the middle of this year.

Source: NST Online

 

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SITE PROGRESS: Marriott Residences (March 2021)

Property News/ 8 March 2021 4 comments

marriott-residence-site-progress

About Marriott Residences

A mixed development by BSG Property in Georgetown in Penang. It is located between the famous tourist belt of Gurney Drive and Kelawai Road, next to Evergreen Laurel Hotel. The project comprises a 55-storey skyscraper, featuring a mixed of hotel rooms and condominium units

Find out more about Marriott Residences

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.

UPCOMING: George Town / Ribuan Wangsa Sdn. Bhd.

George Town/ 7 March 2021 No comments

proposed-development-ribuan-wangsa

A newly proposed commercial development by Ribuan Wangsa Sdn. Bhd in George Town. It is strategically located at the intersection of Tun Dr Lim Chong Eu Expressway and Gat Lebuh Cecil, only about 5 minutes drive from Penang Bridge. The land is currently being used as an event venue, known as Gudang @ Lebuh Cecil.

The proposed development will see the demolition of the existing building, for the construction of 6 units single-storey and 4 units 2-storey shop lots. However, it is not known whether the units will be open for sale.

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

Project Name : (to be confirmed)
Location : George Town
Property Type : Commercial
Total Units: 10
Built-up Area: (to be confirmed)
Indicative Price: (to be confirmed)
Developer : Ribuan Wangsa 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.

Jiran Residensi – Exquisite living at Butterworth from RM200K

Jiran Residensi, a people-oriented affordable housing at Seberang Perai by Penang Development Corporation. Strategically located at Kampung Jawa, it’s only a stone’s throw from St Mark Primary School. This project comprises 354 residential units of two different sizes – 850 square feet and 1,000 square feet – affordably priced from RM200,000.00 – RM275,000.00 per unit. There are also 353 low medium cost units of 700 square feet priced at RM72,500.00 per unit.

Jiran Residensi is located in the central area of Butterworth, where numerous public amenities are easily accessible, including a hospital, ferry terminal, Penang Sentral transportation hub, hypermarket, department store, football field and many others.

The project is now completed with CCC obtained. Open market units are now open for booking from RM220,000 onwards.

For more details on Jiran Residensi, please contact Penang Development Corporation at 04-6139999 and 04 -5050001. You may also register your interest below to receive a callback.

Register your interest here

*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.)

PENANG DEVELOPMENT CORPORATION
Level 1 Tun Dr Lim Chong Eu Building, No. 1, Persiaran Mahsuri, Bandar Bayan Baru,
11909 Bayan Lepas, Penang.
Tel: 04 – 613 9999

PDC SALES GALLERY BATU KAWAN
Pusat Rehat & Rawat, Lebuhraya Bandar Cassia, Batu Kawan,
14110 Simpang Ampat, SPS Pulau Pinang
Tel : 04 – 505 0001

PROJECT LOCATION

The Queens Waterfront construction site cluster recorded a total of 145 Covid-19 cases as of yesterday

Property News/ 5 March 2021 No comments
queens-waterfront-covid-g

Source: Google Streetview

The Penang government has instructed both the Penang Island City Council (MBPP) and Seberang Prai City Council (MBSP) to take stern action against construction sites which recorded high number of positive Covid-19 cases, including possible closure.

This follows the spike in Covid-19 cases in construction sites, with Penang recording a new cluster from yesterday.

The Queens Waterfront construction site cluster recorded 87 new cases yesterday, bringing the total cases to 145.

A total 709 people have been screened so far.

State Local Government Committee chairman Jagdeep Singh Deo said he had asked both the local councils to step up on their enforcement, more so following yesterday’s spike in cases.

“Our enforcement officers are on the ground.

“They have to do the monitoring and report back, and if necessary, they will take action. They have done so,” he said when met after receiving his Covid-19 vaccination at the Jalan Angsana Health Clinic here this morning.

Source: NST Online

 

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