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Garden Terraces – Taman Machang Bubok

Machang Bubok/ 9 November 2020 No comments

Garden-Terraces

Garden Terraces is a low density residential development sprawls across 7.2 acres of land in Machang Bubok, Bukit Mertajam. It comprises 84 units of double storey terrace houses, nestled in a well established neighbourhood and greenery-shrouded environment in Machang Bubok.

A home of peace and tranquillity yet just moments away from commercial activities, Garden Terraces sits strategically at the fringe of the bustling town centre of Bukit Mertajam where banks, schools and retail shopping malls (Aeon and Tesco) are just a short drive away. Scenic nature escapades such as the Bukit Mertajam Recreational Forest, charming Cherok Tokun Hill and the magnificent Mengkuang Dam are also located close to home.

  • Progress : > 80% completed | Target completion 1H-2021
  • New Release last 18 units for grab !
  • Enjoy HOC-2020 stamp duty great saving !!
  • All units come with extra backyard of 8ft – 17ft (for gardening or future extension)

Project Name: Garden Terraces, Taman Machang Bubok
Location : Bukit Mertajam
Property Type : Double-storey link homes
Land Size : Type A & B – 20’ x 75’  | Type C – 20’x84-94’
Built-up Size: 1,794 sq.ft. (approx. 20’x43’/49’)
Total Units: 84
Selling Price: RM 594,888 onwards
Developer : DNP Land
Contact No.: 04-5387788 / 012-4971688 / 012-4486599

garden-terrace-show-unit-vt

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.)

Location Map:

 

 

APDL

Developer : DNP Land Sdn Bhd • Taman Machang Bubok – Developer License No. : 7432-14/05-2021/0400(L) • Validity Period : 02/05/2019 – 01/05/2021 • Advertising Permit No. : 7432-14/05-2021/0400(P) •Validity Period : 02/05/2019 – 01/05/2021 • Land Tenure : Freehold • Land Encumbrances : Nil • Expected Completion : June 2021 • Total Units : 84 units (2-Storey Terrace Type A : 28 units; Type B : 28 units; Type C : 28 units) • Minimum Price : 2-Storey Terrace (Type A, B & C) : RM696,300.00 • Maximum Price : 2-Storey Terrace (Type A, B & C): RM898,700.00 • Building Plan Approval No. : MPSP/40/20-46/9 • Approving Authority : Majlis Perbandaran Seberang Perai

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More police roadblocks in Penang starting today as part of CMCO

Property News/ 9 November 2020 No comments

roadblocks-reported-in-waza-9-nov-monrning

More police roadblocks starting today as part of the reimposed conditional movement control order (CMCO). You are advised not to go out in a big group and to remain home as much as possible.

They will be at the Youth and Sports Complex, Batu Uban (heading towards Penang Bridge), Lim Chong Eu Expressway (heading towards Penang Bridge), Jalan Paya Terubong (in front of the Petronas petrol station), Jalan Batu Ferringhi (in front of Shangri-La’s Rasa Sayang Resort & Spa) and Jalan Pengkalan Weld (in front of the ferry terminal).

Ten roadblocks at six locations were set up in Mukim 12 in the southwest district on Friday after the CMCO announcement.

Meanwhile, roadblocks will be set up in 10 locations in Seberang Prai Utara, especially the border route between Penang and Kedah.

They are situated at Jambatan Permatang Bendahari, Jambatan Merdeka, Jambatan Pinang Tunggal, Pokok Machang Sg 2, Bertal toll plaza, Kg Selamat, Jalan Ara Kuda, Sg Nyior toll plaza, Jalan Permatang Paul and Jalan Chain Ferry in Butterworth.

There are six tentative roadblock locations in the Seberang Prai Selatan district. They are at the Jawi toll plaza, Jalan Sg Bakau in Sg Acheh, Jalan Tasik in Sg Bakap, Bukit Tambun toll plaza, Bandar Cassia toll plaza and Jalan Tasek at the Paper Muda Mill.

 

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Penang govt lauds Rent-To-Own housing scheme proposed in Budget 2021

Property News/ 8 November 2020 No comments

belanjawan

The Penang government has expressed its appreciation to the federal government for introducing the rent-to-own (RTO) scheme for housing units during the Budget 2021 announcement.

In welcoming the move, State Housing, Local Government and Town and Country Planning Committee chairman Jagdeep Singh Deo today said that in fact Penang had introduced the RTO scheme in 2014 to enable more people to own their first home.

He said the RTO in Penang had helped homebuyers to purchase low-cost (LC) or low-medium cost (LMC) units at a zero interest rate within 10 to 20 years.

“To date, we have identified 2,474 RTO housing units throughout Penang, which are almost half of the number of RTO housing units proposed during the Budget 2021 announcement,” he said in a press conference here.

Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz, in his maiden Budget speech yesterday, said the government would be cooperating with selected financial institutions to provide RTO housing units until 2022, involving 5,000 PR1MA housing units nationwide valued at more than RM1 billion and reserved for first-time homebuyers.

In the Budget, he also proposed that another RM125 million would be allocated for the maintenance, repair and upgrade of LC and LMC housing units nationwide.

Meanwhile, Jagdeep hoped that the federal government would allocate not less than RM32 million in housing maintenance funds to Penang.

He said the state government had spent RM259.8 million for repairing and upgrading public and private housing schemes in Penang.

“From the previous budget (Budget 2020), RM31.7 million worth of maintenance fund has been allocated from the federal government to Penang.

“We are grateful for that and we hope we could receive not less than that for the housing of Penang residents for 2021,” he added.

Source: Bernama

 

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COVID-19: CMCO in entire Penang and 5 other states (9 Nov – 6 Dec 2020)

Property News/ 7 November 2020 No comments

cmco-penang

The government has just announced a month-long conditional movement control order (CMCO) in Kedah, Penang, Perak, Melaka, Johor and Terengganu from Monday due to the rising number of Covid-19 cases in the states.

The CMCO will start on 9 Nov (Monday) and end on Dec 6.

“It will be for all states in Peninsular Malaysia, except for Perlis, Pahang and Kelantan,” said Senior Minister for Security Ismail Sabri Yaakob at a press conference today.

He emphasized that inter-district and inter-state travel are not allowed unless it is approved by the police. Employees who travel between districts for work during the Conditional Movement Control Order (CMCO) period are required to present a valid employee’s pass or letter from their employers confirming their employment status.

All schools will also be closed.

The rules under CMCO are as follows*:

  • Only two members of a household may leave the house to buy necessities;
  • All schools, higher education institutions, training institutes, kindergartens, childcare centres, public parks and recreational centres will be closed;
  • Activities in the economic, industrial and trade sectors would be allowed to operate as usual, but the working hours may be limited;
  • All forms of public transport such as buses, taxis and e-hailing services are allowed to operate from 6am to 12am;
  • Daily markets are allowed to open from 6am to 2pm, while wholesale markets may operate from 4am to 2pm, and night markets 4pm to 10pm;
  • Clinics and public hospitals will be allowed to open for 24 hours while pharmacies and medicine stores may operate from 8am to 11pm;
  • Fishing, farming and the agriculture sectors may operate as usual; and
  • All social gatherings, including weddings, and entertainment activities are not allowed.

*Based on information released earlier for CMCO at KL, Selangor and Putrajaya

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Next 5 years is the best time to buy first home, says real estate group

Property News/ 7 November 2020 No comments

thepark1-affordable

The 2021 budget is expected to give a big push to the housing market and enable more Malaysians to own their first home, according to a real estate group.

International Real Estate Federation Malaysian Chapter immediate past president Michael Geh said the five-year extension of the stamp duty exemption, aimed at reviving abandoned projects, would benefit both contractors and house buyers.

Geh, who is also senior partner of Raine & Horne, said the stamp duty exemption for the memorandum of transfer and loan agreement would stimulate and move both primary and secondary markets in the property market sector.

“The strong emphasis on affordability by home buyers in the budget will bring the Malaysian House Price Index downwards to levels that are affordable to most people.

“The next five years would be the best time for Malaysians to buy their first home,” he told Bernama today.

Finance Minister Tengku Zafrul Aziz, in his maiden budget speech yesterday, proposed a full stamp duty exemption to be given for deeds of transfer and loan agreement for the purchase of the first house worth up to RM500,000 to encourage home ownership.

He said the exemption is applicable for the sale and purchase agreements on purchases that are completed from 1 Jan 2021 until 31 Dec 2025.

Tengku Zafrul said the federal government would also extend the stamp duty exemption on loan agreements and deeds of transfer given to rescue contractors and original buyers of abandoned houses for another five years.

Source: FreeMalaysiaToday.com

 

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