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SITE PROGRESS: GEM Residences (March 2021)

Property News/ 4 March 2021 No comments

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About GEM Residences

GEM Residences, a commercial development by Belleview Group at Prai, Penang. It is part of the company’s 6 hectares mixed development along Jalan Baru, diagonally opposite Megamall Penang. Next to it will be the upcoming largest mall in the northern region – GEM Mall, the tenant mix include SOGO (first and largest departmental store in the northen region at 212,000 sq.ft.) and a supermarket (largest at 50,000 sq.ft.).

Find out more about GEM Residences

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*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.)

UPCOMING: Sungai Ara / GVC Property Sdn. Bhd.

Sungai Ara/ 3 March 2021 1 comment

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Proposed commercial development by GVC Property Sdn. Bhd. (a subsidiary of Ideal Property Group) at Sungai Ara. Located along Persiaran Bayan, only a 5 minutes walking distance from SK Sungai Ara and SJKC Chong Cheng. It is less than 5 minutes drive to Penang International Airport, with catchment from neighboring township namely Bayan Baru, Bayan Lepas and Relau.

The land is currently used as a parking area. This development will see the construction of a 6-storey commercial building with multi-level car parking podium, featuring 24 units of shop offices, hawker space, and a multipurpose hall.

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

Project Name: (to be confirmed)
Location : Sungai Ara
Property Type : Commercial
Built-up Size: (to be confirmed)
Total Units: 24 (shop office)
Indicative Price: (to be confirmed)
Developer : GVC Property Sdn. Bhd. (Ideal Property 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.

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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.

Penang under CMCO from March 5, inter-district travel allowed

Property News/ 2 March 2021 No comments

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The movement control order placed on Penang, Selangor, Kuala Lumpur and Johor will be switched to conditional MCO, announces Senior Minister Datuk Seri Ismail Sabri Yaakob.

He said this will take effect for 14 days beginning March 5.

He said Kedah, Kelantan, Negri Sembilan, Sarawak and Perak remains under conditional MCO.

He added that Melaka, Pahang, Terengganu, Sabah, Putrajaya, Labuan and Perlis will be under recovery MCO.

The Senior Minister also announced that inter-district travel within a state will be allowed, with the exception of Sabah.

“However, interstate travel will still not be allowed yet,” he said on Tuesday (March 2).

More details to follow.

Source: TheStar.com.my

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Fishermen set to receive RM500 advance payment from PSR’s ex-gratia package soon

Property News/ 2 March 2021 10 comments

PSR

Good news for all the 1,615 fishermen in the state as the Penang government today announced that advance payment of RM500, which is part of the ex-gratia package dedicated to them, would be rolled out this month.

Deputy Chief Minister I Datuk Ahmad Zakiyuddin Abdul Rahman had recently announced in a press conference that the ex-gratia package, which is under the Social Impact Management Plan (SIMP) for the Penang South Reclamation (PSR) project, would benefit licensed fishermen and nine fishing units.

The nine fishing units are from Permatang Tepi Laut, Sungai Batu, Teluk Kumbar and Gertak Sanggul (Tier 1) and Seri Jerjak, Batu Maung, Teluk Tempoyak, Pulau Betong and Kuala Sungai Burong (Tier 2).

“The advance payment of RM500 would benefit all the tekong and crew members from both the Tier 1 and 2.

“Those who have registered early would be given priority. Each group would consist of 100 members.

“The first group is expected to receive their payment on March 3 (Wednesday) while the other groups would receive theirs accordingly on March 5, 10 and 12 this year,” he said during the press conference at the stakeholders’ engagement centre (Pusat Perkhidmatan Setempat Nelayan), off Permatang Damar Laut today.

Ahmad Zakiyuddin, who is also the Fishermen Task Force chairman, had previously said for Tier 1, a tekong would be given RM20,000 plus a boat and an engine while a crew member would receive RM12,960. The boat measures 27 feet long with 60 or 70 horsepower.

For Tier 2, he said a tekong would be given RM13,200 and a crew member would get RM5,400 each.

He also added that the remaining amount would be paid in two instalments, namely 75% in the weeks to come this month and the remaining 25% in January 2022.

“As of Feb 23, some 400 fishermen have already registered. I would like to encourage those who have yet to register, to do so at the Pusat Perkhimatan Setempat Nelayan (PPSN) Permatang Damar Laut and Gertak Sanggul.

“Due to the ongoing movement control order (MCO), attendees at the two centres are limited to only five fishermen at a time in order to comply with the strict safety measures,” he added.

They can call the PPSN hotline at 1-800-88-6393 or PTMP at 1-300-88-9700 for an appointment.

The PSR project is to reclaim three islands (Islands A, B and C) at the south-end of the Penang island, measuring a total of 4,500 acres in land size. Island A will be 2,300 acres in size, Island B will be 1,400 acres and Island C will be 800 acres.

Separately, Ahmad Zakiyuddin had previously also said SIMP would offer apprentice scheme, job matching, and training courses and programmes for young fishermen, and tuition and scholarship schemes for fishermen’s children.

Source: Buletin Mutiara

 

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Utama Sanctuary

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Utama Sanctuary, an affordable housing development by Zuwen Bina at Bukit Mertajam. Strategically located on a 3.03 acres land along Jalan Bukit Minyak Utama, adjacent to BM Utama housing scheme. It is less than 4km away from AEON Mall, about 15 minutes drive from Penang Bridge. Other neighbouring communities include Taman Kota Permai, Desa Palma and Taman Permai Jaya.

This development will see the construction of a 29-storey residential building, featuring 504 affordable units with a standard built-up size of around 950 sq.ft. Indicative price for affordable housing here is RM295,000.

More details will be available upon official launch.

Project Name : Utama Sanctuary
Location : Bukit Minyak
Property Type : Affordable Housing
Built-up Size: 950 sq.ft.
Tenure: Freehold
Total Units : 504
Indicative Price : RM295,000 (estimated)
Developer : Starlight City Sdn. Bhd. (Zuwen Bina)

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*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.)

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