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Long-awaited Residential Tenancy Act to be tabled next year

Property News/ 26 August 2020 No comments

rental-discrimination

The government is expected to table the much-anticipated Residential Tenancy Act next year to monitor the rental market and protect tenants and house owners.

Deputy Housing and Local Government Minister Ismail Muttalib said currently, the rental market is not monitored by any particular agency.

Instead, it is determined according to assessment rates, location, accessibility and distance from public transport.

Among others, the bill will protect tenants from being forced to vacate premises without proper notice and act as a framework for the rental property market.

Once passed, Ismail said, it will act as a mediator with a tribunal in place to settle disputes.

He was responding to Chang Lih Kang (PH-Tanjong Malim) who asked about the ministry’s efforts to ensure that the home rental market is affordable for most people.

Chang also voiced unhappiness that the bill would not be tabled this year, saying many jobless tenants might be forced to vacate their premises due to Covid-19.

Source: FreeMalaysiaToday.com

 

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UPDATE: Bayan Lepas / Paramount Solaris Sdn. Bhd.

Bayan Lepas/ 25 August 2020 No comments

proposed-development-by-paramount-solaris

A proposed mixed development by Paramount Solaris Sdn. Bhd. at Bayan Lepas. It is strategically located on the Bukit Ayun land next to Jalan Tun Dr. Awang, about 3km away from Penang International Airport. Surrounding communities include The Clovers by Asia Green, Tree Sparina and The Amarene by Ideal Property Group,  South Homes and a few others.

The same piece of land was planned for Mpire Residences by MBI Group back in 2017. It is not known whether this is still for the same project. But the latest earthwork proposal submitted in early August indicating the development comprises a 57-storey commercial building in multiple phases, featuring three serviced residence and one hotel tower:

  • Tower A1: 45-storey serviced residence (956 units)
  • Tower A2: 43-storey serviced residence (672 units)
  • Tower B: 40-storey serviced residence (560 units)
  • Tower C: 20-storey hotel (300 rooms) with mall and retail offices

Residence facilities will be located on the top floors of the residential towers.

Location : Bayan Lepas, Penang
Property Type : Mixed development
Land Tenure : Freehold
Total Units: (refer to above)
Built-up Area: (to be confirmed)
Developer: Paramount Solaris Sdn. Bhd.

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Penang ferry services suspended until Aug 26

Property News/ 24 August 2020 No comments

penang-ferry

The iconic Penang ferry services have been suspended until Aug 26, for emergency repair works.

A notice was put up near the entrance to the ferry terminal in Weld Quay which stated that the service was interrupted for the time being due to malfunction ferries.

Auxiliary policemen were also stationed at the terminal to divert the passengers to take the shuttle bus instead.

Rapid Ferry head Osman Amir said the three-day service suspension was due to some technical engine problems.

“The problems affect four ferries. We would like to apologise for the inconvenienced caused,” he said in a statement today.

Meanwhile, Pengkalan Kota assemblyman Daniel Gooi who was at the scne, shared his frustration over the halted services on his Facebook live feed.

“The operators should take responsibility as the service suspension has caused distress among the public.

“We urge the Penang Port Commission to provide an explanation,” he said.

Rapid Ferry which operates the service under Prasarana Malaysia Bhd, prepared free bus shuttles to bring passengers to and from the island with a frequency of 20 minutes.

The earliest bus available from Penang Sentral on the mainland was at 6am while the last bus would travel at 9.40pm.

From the island at Weld Quay, the earliest bus would leave at 7.10am and the final bus would leave at 11pm.

Rapid Ferry also put up a status in its official Facebook page about the service interruption, receiving angry comments from netizens.

Many claimed the notice was put up at the last minute, causing inconvenience to those who rely on the ferry service to travel to work.

Source: FreeMalaysiaToday.com

 

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Penang authorities demand owners take care of abandoned pre-war properties

Property News/ 23 August 2020 No comments

Penang Heritage Buildings

Penang Island City Council (MBPP) has demanded that owners of abandoned “heritage buildings” or pre-war houses “upkeep their premises” or action will be taken against them, The Star reported.

MBPP said it has “identified” 73 abandoned properties (commercial and residential) worth about RM300 million.

The report stated that such structures have “become an eyesore to passers-by”.

Councillor Wong Yuee Harng told the daily that MBPP’s Heritage Department discovered 134 abandoned properties in 2016 but the “number dropped to 73 this year” after some of the owners were traced.

“We managed to trace some of the owners and issued them notices. Several of them returned to clean up the place and turned their properties into more decent-looking buildings,” he revealed.

If MBPP is forced to clean up the buildings, the bill will then be sent to the owner, Wong warned.

“The cleaning can cost between several hundreds to thousands of ringgit, depending on the severity of the damage.

“Cranes and heavy machinery are needed if there is major structural damage that could pose danger to the public,” he said.

Also, under the Local Government Act, culprits could be fined RM1,000 or jailed not more than six months, or both, plus a fine of not more than RM100 a day if the offence “continued after the conviction”.

“Sections 127 and 128 of the National Land Code allow alienated land to be forfeited by the state.

“For those who are unsure, they can check with the land office if they possess ownership of such properties,” Wong told The Star.

Source: EdgeProp.my

 

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Penang South Islands – The Winning Design by BIG

Property News/ 21 August 2020 5 comments

psi-winning-design

BIG, Hijjas and Ramboll are selected as winners of Penang State Government’s international competition to design a masterplan for Penang South Islands. The proposal entitled BiodiverCity, fits into the island’s 2030 vision, providing Penangites with approximately 4.6km of public beaches, 600 acres of parks and a 25km waterfront. An Urban Mosaic of three diverse islands, the project establishes new urban design guidelines, mixing programs, addressing pedestrian and mobility networks, building sustainably, and harvesting resources.

Located at the southern shore of Penang Island, the three islands of BiodiverCity hold mixed-use districts of 15,000 to 18,000 residents across 50 to 500 acres, and a continuous 50 to 100m buffer around each district.

 

BiodiverCity’s first island, or The Channels, encompasses a 500-acre digital park including spaces for research, development, and local business opportunities. Moreover, it will house future “conferences, education centers, and a family-oriented park where locals and guests can explore the world of technology, robotics, and virtual reality”. Its construction process is divided into 3 complementary phases.

  • Phase 1: Active Destinations include a wave pool and technology park
  • Phase 2: Civic Heart establishes governance and research institutions in the area
  • Phase 3: Cultural Coast builds upon the heritage and vibrant creative energy of Penang’s George Town to create a regional and international draw.

The second and central island, The Mangroves is dedicated to businesses. Composed around urban wetlands, this zone creates a suitable environment for Mangrove forests, “an important natural infrastructure that doubles as effective powerhouses for sequestering more than four times as much carbon as a typical forest”.

The Bamboo Beacon, at the heart of the island hosts meetings, conferences, and major events, while other civic amenities are distributed throughout the city. The buildings, constructed with low-carbon materials such as bamboo and Malaysian timber in combination with green concrete, are also designed to be sustainable. They also incorporate green roofs, facades, public, and private open spaces.

Finally, the Laguna, BiodiverCity’s westernmost island, organized around a central marina, encompasses eight smaller islands. Forming a miniature archipelago, this oasis holds floating, stilted and terraced housing takes advantage of the natural setting of Tanjung Gertak Sanggul.

In addition, a network of “ecological corridors connects forest reserves to coastal beaches while supporting habitats and communities across the islands”. In fact, animals are given safe passage through the continuous canopy and waterways, and within natural habitats, people can safely access elevated boardwalks.

(image source: big.dk)

Source: big.dk, archdaily.com

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