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.
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
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.
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
About Sunshine Residence
A 39-storey serviced residence by Suiwah Group at Bandar Baru Air Itam. It is part of the Sunshine Central mixed development on the old Sunshine Farlim site, next to Farlim Square shop offices. Featuring 9 levels of commercial floors with car parking podium, office, hotel and residential towers.
Find out more about Sunshine Residence
Register your interest here. We will keep you updated
The former residence of the first prime minister of Malaysia, the late Tunku Abdul Rahman Putra Al-Haj in Pulau Tikus, Penang is on the market for a whopping RM62 million, making it the most expensive listing today.
The six-bedroom double-storey detached residence with an annexed servants’ quarters has been listed for sale via several property portals, and there are international listings.
The property sits on 0.6 hectares of freehold land fronting Jalan Park and Jalan Tunku Abdul Rahman, a road named after the Tunku, who lived there until his demise in 1990.
The house with a built-up area of 9,867 sq ft and a land size of 64,472 sq ft, is a well-preserved heritage property, according to the listings.
It stated that the property had been refurbished and renovated but did not provide further details on when this might have taken place.
Real estate experts said if the deal goes through at RM62 million, it would be the most expensive landed residential property sold in the market today.
The current owner of this historical property is believed to be a private company (a non-developer) that bought it more than a decade ago.
“The property was transacted by the family of Tunku after his passing and the private company bought it over. There is no record of who lived there since Tunku’s passing. It has been empty for many years now,” said a senior real estate consultant who is familiar with the property.
According to the consultant, the current owner has been looking to sell the property for more than three years now.
The consultant said he was also shocked at the way the property is being presented for sale in the market.
“The sale of this property should be presented properly via a professional marketing firm. The current listings, they are not presenting the historical aspect of the property. This house has a lot of history…the country’s first prime minister lived there! The potential of the whole land is also not presented well,” he said.
When asked if RM62 million (around RM962 per sq ft) is too high to fetch for the property, he added that one should look at the development potential of the area.
“If a developer wants to take over, they will want to know what is the future potential, as well as the highest and best yield that can be expected from this property. All these should be stated rather than only mentioning the price tag and that the former prime minister used to stay there.
“We need to know what is permissible for the land, like whether the back portion of the property can be built upon. What is the planning permission for the available land at the site? Can we build a condominium, and if yes, how high? The house is surrounded by ample of land which can be redeveloped. The house, meanwhile, can be preserved and turned into something more meaningful like a museum, gallery, or restaurant,” he said.
The property is surrounded by a mature garden setting and located a stone’s throw away from the Royal Thai Consulate-General and St Christopher’s International School.
Pulau Tikus is one of the more popular districts among all the other townships on the island of Penang. It neighbours Georgetown to its southeast, Tanjong Tokong to the north, and south of Gurney Drive.
It was established as a Eurasian settlement in the early 19th century.
The Pulau Tikus area is said to be named after an actual Pulau Tikus isle – a small rocky island shaped like a mouse (tikus in Malay), located about 2km away from the north-eastern coast of Penang island.
Despite its name, Pulau Tikus is known as an “upper class” neighbourhood, featuring mansions, bungalows, and colonial buildings, including condominiums, many with sea views.
Location Map:
Source: NST Online
