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AFFORDABLE: Farlim / Focal Products Sdn. Bhd.

Farlim/ 11 January 2021 23 comments

proposed-focal-product-sdn-bhd

A newly proposed affordable housing development by Focal Products Sdn. Bhd. at Farlim, Penang. Located at the intersection of Jalan Teochew Satu and Jalan Thean Teik, next to Hui Aun Apartment. It is only 1km away from Sunshine Farlim.

The proposed development consists of two 39-storey residential blocks, offering a total of 646 affordable units with 11 levels of car parking podium:

  • Block A: Affordable (242 units), low-medium cost (81 units)
  • Block B: Affordable (251 units), low-medium cost (72 units)

This project is still pending for approval. Details to be available upon official launch.

READ MORE ABOUT AFFORDABLE HOUSING:

Property Project : (to be confirmed)
Location : Farlim, Penang
Property Type : Affordable housing
Total Units: 646
Built-up Area: 850 sq.ft. (affordable), 750 sq.ft. (low-medium cost)
Indicative Price: RM300,000 (affordable), RM72,500 (low-medium cost)
Developer :Focal Products 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.

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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 go ahead with private partners for cable car project

Property News/ 11 January 2021 3 comments
cable-car-illustration

Picture for illustration only

The Penang government has called for a request for proposal for a privately-funded cable car service up Penang Hill after the federal government canceled its RM100 million allocation for the project.

Chief Minister Chow Kon Yeow said the cable car project will proceed through collaboration with the private sector.

“We have proposed several alignments for interested bidders to propose and if they have a better alignment, they can propose an alternative,” he said in a press conference at his office today.

He said the successful bidder will have to fully fund the project and will be given the rights to operate the project for a certain period of time.

He said the cable car can be an alternative mode of access to Penang Hill and redistribute traffic during peak holiday seasons while contributing to the tourism industry.

Chow said the pre-feasibility study of the cable car project has been completed with a thorough evaluation on the market, social, economic and environmental impact, financial models and viability and alignment options.

“There are several route options for the cable car project, from the Botanic Gardens, Youth Park and Teluk Bahang,” he said.

He said the project is expected to take between three to four years to complete and be operational.

Penang Hill Corporation (PHC) General Manager Datuk Cheok Lay Leng said the project will meet with stringent requirements to ensure there is no negative impact on existing facilities and the environment.

He said the cable car project proposal was not new since the pre-feasibility study was conducted a few years ago and three alignments have been proposed from the study.

He said the cancelled RM100 million allocation was not the actual cost of the project and was only an estimation.

“The average costs of a cable car project could be around RM150 million, depending on the alignment and the facilities,” he said.

He said the actual costs of the project will depend fully on the construction methodology and the length of the alignment.

“We will choose a construction methodology that is good for the environment,” he said.

He stressed that the cable car system is known worldwide as an environmentally sustainable transport so it has very little impact on the environment.

He said many world Unesco heritage sites and biosphere reserves have cable car systems, some of it with two to five lines.

The RFP is open to registered companies from January 13 to May 24 and more information is available on ep.penang.gov.my.

Earlier, Chow witnessed the signing of a memorandum of understanding between Penang Development Corporation (PDC) with iHeal Health Sdn Bhd to present a final proposal on developing the Penang Medical and Digital Technology Hub in Batu Kawan.

Chow said iHeal Health has presented a few preliminary concepts on the development of the hub and with this MOU, it can conduct an in-depth study into preparing a final proposal in a year’s time.

The proposed project is located on 295 acres of land in Bandar Cassia in Batu Kawan and he said if the project is approved, it is set to place Penang as an Asean hub for medical and digital technology.

Source: MalayMail.com

 

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Ayer Itam-LCE Expressway bypass to start work on Feb 01

Property News/ 10 January 2021 7 comments

by-pass

Work will finally begin next month on a RM851 million elevated bypass road, one of three projects that are part of the controversial RM6.3 billion Penang undersea tunnel project.

A groundbreaking for the bypass was held in October 2019 but there had been little sign of the project taking off, although traffic cones were placed on the construction area since then.

Executive councillor Zairil Khir Johari said early works had already begun from then. He said the documents to be signed would be signed on Jan 15 and work would officially begin on Feb 1. “The state remains committed to ensuring the delivery of the project,” he said.

The 5.7km bypass runs from Bandar Baru Air Itam to the coastal Tun Dr Lim Chong Eu expressway on the island’s eastern shore. Some 70% of the road is elevated.

Works will begin from the Air Itam side near Lebuhraya Thean Teik, before ending at the expressway in three years.

China Railway Construction Corporation Ltd will remain the engineering procurement contractor.

According to state assembly documents, RM5.49 billion will be spent on construction alone, with a feasibility study and detailed design costs amounting to RM305 million, and land acquisition costs at RM546 million,

The feasibility study was paid via a land swap involving 3.7 acres of reclaimed land at Seri Tanjung Pinang (near Straits Quay).

The cost of the tunnel and three roads are to be paid through rights to 110 acres of land on Gurney Wharf.

The three roads project are the Air Itam bypass (5.7km); Tanjung Bungah to Teluk Bahang (10.53km); and Jalan Pangkor-Gurney Drive junction to Tun Dr Lim Chong Eu Expressway (4.1km).

Zairil said in the meantime, it was aware of the restructuring exercise being carried out by the tunnel and road builders Consortium Zenith Construction Sdn Bhd (CZC).

He said the state is aware of several parties vying to take over CZC by buying its shares, but could not comment further until the company informs the state government officials.

Zairil also confirmed that one of the interested parties is a Kedah-based development company, earlier reported by FMT.

Earlier, sources told FMT that the Penang government has consented to the takeover of CZC by the Kedah company, as a white knight to save it from a confidence crisis caused by a torrent of graft investigations over the years.

Source: FreeMalaysiaToday.com

 

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SITE PROGRESS: Woodsland Park (Jan 2021)

Property News/ 8 January 2021 No comments

woodsland-park-site-progress-jan2021

 

About Woodsland Park

A freehold affordable housing development by PTL Properties Sdn. Bhd. near Jalan Betek in Bukit Mertajam. It is strategically located next to Taman Sungai Rambai, just a stone’s throw away from SJK(C) Keow Kuang Primary School. Amenities such as schools, markets, banks, shopping malls, and eateries are only a few minutes’ drives away.

Find out more about Woodsland Park

Register your interest here. 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.

 

Gurney Wharf project moving ahead

Property News/ 7 January 2021 2 comments
Gurney wharf concept

Illustrations of the proposed Gurney Wharf design concept.

The Gurney Wharf project in Penang, estimated to be completed by the end of 2023 and with various components on it, will cost the state about RM176mil.

Chief Minister Chow Kon Yeow said among the features to be expected along the 1.75km-long reclaimed coastline are parks, a hawker centre, a 330m-long beach and facilities for the disabled.

“The appointed consultants will start calling for tender of contractors to start work on the approved components.

“Physical work on the components is expected to start by the second half of 2021.

“We estimate it to cost RM176mil but the final figure can only be ascertained after tender is called, ” he said at a press conference before witnessing the signing of agreement among seven consultants in Komtar, Penang.

Tanjung Pinang Development Sdn Bhd (TPD) has been appointed as project management office while the consultants are GDP Architects Sdn Bhd (architect and project manager), Carnson Design & Associates Sdn Bhd (landscape architect), Jurutera TSSC Lim Sdn Bhd (civil and structural engineer), Jurutera Perunding Valdun Sdn Bhd (mechanical and electrical) and Ukur Bahan Konsult (quantity surveyor).

Dr Nik & Associates Sdn Bhd is appointed as both the coastal marine and reclamation engineer as well as environment consultant and auditor.

Chow said the entire reclamation project spanning 53ha was completed in September 2019 but the project took a break due to travel restrictions and for the land to settle.“TPD has handed over 36.5ha to the state and will hand over the remaining land in stages, ” he said.

In 2016, it was reported that the coast along Gurney Drive would get a makeover due to a massive recreational waterfront project.

The Gurney Wharf project is touted as the state’s seafront park-in-the-city project.

Its conceptual master plan is by Grant Associates, a renowned consultant architect involved in international projects including the Hive, Bristol Harbour Site and the Cambridge Accordia plus Singapore Gardens by the Bay.

Source: TheStar.com.my

 

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