fbpx

Scientex aims to deliver 50,000 affordable homes over eight years

Property News/ 16 November 2020 No comments

scientex-tasek-gelugor

Scientex Bhd is committed to continue building and delivering 50,000 units of affordable houses in Malaysia within the next eight years.

Property division chief operating officer Datuk Alex Khaw Giet Thye (pic) said the target could be achieved under the company’s Vision 2028.

“Our objective is in tandem with the government’s initiative to make home ownership a reality for more Malaysians, ’’ said Khaw.

He said as one of the leading developers in offering quality and affordable houses in country, the company’s property division had completed about 21,000 affordable houses nationwide.

“The houses are priced below RM500,000 each, of which more than 70% of the units come with a price tag of below RM300,000 each, ’’ added Khaw.

He pointed out that the property division was incepted in Pasir Gudang, Johor, with the vision of providing affordable yet quality houses.

Khaw said with escalating property prices and the scarcity of reasonably priced land for development, building houses for low to middle-income groups was a challenge.

“We have successfully adopted a business model that is tailored to meet the ever-growing demand for affordable houses for these income groups, ’’ he said.

Khaw said the company has a total land bank of 2,309.13ha spread over 24 prime locations in Johor, Melaka, Selangor, Perak, Penang and Negri Sembilan.

scientex-tasek-gelugor

Scientex Tasek Gelugor – Lily. The 1st Landed 2 Storey Affordable Home in Penang from RM221,800*

PT1A – Lily is a 2 storey terrace house project with freehold title.  It has 382 units in total with selling price from RM221,800*. PT1A – Lily is now opened for sale. Besides, Lily2 is opened for registration too!

 

He said the company anticipated demand for affordable houses to increase in the coming years in major cities and towns.

“We have the expertise and experience to leverage on the growing demand for affordable houses in established and rapidly growing locations in the Peninsular Malaysia, ’’ said Khaw.

He said that over the years, response from property buyers and investors had been overwhelmingly positive towards the company’s quality houses and reliable delivery services.

Khaw said the company strongly believed that a house needed to become a “home” for enjoyment and living.

“This is to create a “happy family” bonding and living, in line with our tagline of Healthy, Friendly and Happy, ’’ he said.

Source: TheStar.com.my

UPCOMING: Sungai Jawi / Benway Development SB.

Sungai Jawi/ 16 November 2020 1 comment

proposed-development-by-benway-development

An upcoming residential development by Benway Development Sdn. Bhd. at Sungai Jawi. Strategically located on a 5.4-acre land along Jalan Nibong Tebal (Federal Route 1), adjacent to Southern Seberang Perai Land and District Office. It is only a mere minutes’ drive away from Jawi Toll Plaza, 15 minutes drive to Penang Second Bridge. Amenities within 5 minutes drive include Econsave Hypermarket, Bukit Jawi Golf Resort, banks, clinics, schools and eateries.

This development comprises a guarded housing scheme featuring a mix of 2-storey terrace and semi-detached houses. There are a total of four design types.

More details to be available upon official launch.

Project Name : (to be confirmed)
Location : Sungai Jawi, Penang
Property Type : Residential
Tenure : Freehold
Total Units: 76 (terrace), 16 (semi-detached)
Built-up Area: (to be confirmed)
Indicative Price: (to be confirmed)
Last Updated: Oct 2022
Developer : Benway Development 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:

 

SITE PROGRESS: Imperial Grande (Nov 2020)

Property News/ 15 November 2020 1 comment

imperial-grande-site-progress-nov2020-5

 

About Imperial Grande

A mixed development by Modular Platinum Sdn. Bhd. (Ideal Property Group) in Sungai Ara, Penang. It is located along Jalan Fettes, surrounded by Iconic Skies, Gardens Ville and Imperial Residence. This development will offer a mix of landed and high-rise properties, with 2 level of shop offices located below the residential tower.

Find out more about Imperial Grande

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.

 

New link road connecting Lebuhraya Thean Teik to Kampung Pisang open to traffic

Property News/ 14 November 2020 No comments /中文版

air-itam-new-link-road

The newly open 240m road, connecting Lebuhraya Thean Tek to Kampung Pisang, offers an alternative route for motorists from Air Itam, Paya Terubong and Bandar Baru Air Itam to commute.

Air Itam assemblyman Joseph Ng said the new road helps to disperse traffic volume especially during peak hours.

“The Air Itam and Paya Terubong state constituencies are huge and there are traffic congestions during peak hours.

“The new road, which costs about RM4.5 million (including the cost for modification), will provide convenience for the motorists,” he said before opening the road today.

Ng urged motorists to adhere to the traffic rules and stay safe.

MBPP councillor Edward Tan said that the new road project started in April 2018 and completed in October this year.

“The roads nearby have all been upgraded for a smoother traffic,” he said.

On a separate matter, Ng said he has written to the Penang Island City Council (MBPP) after receiving feedback from the public pertaining to the number of traffic lights along Lebuhraya Thean Tek.

“The council is studying the matter.

“We are now waiting for the completion of a new commercial complex in the vicinity. The local authorities have their plan to ease traffic congestion,” he said.

Ng also hoped that the 5.7km Air Itam-Tun Dr Lim Chong Eu Expressway bypass project could be completed soon.

Source: Buletin Mutiara

 

Tags:

COVID-19: The Peak Residences resident tested positive

Property News/ 13 November 2020 No comments

thepeak-residences

Another condominium in Penang Island has confirmed Covid cases! The management of The Peak Residences in Tanjung Tokong issued a notice yesterday stating that one resident was diagnosed with Covid-19.

The announcement stated that the safety of residents and staffs are their top priority, and the management has taken immediate action to disinfect areas that may be infected. They call on all residents to wear masks and use hand sanitizer in public areas while maintaining a social distancing of at least one meter.”

Source: Guang Ming Daily

 

Tags: