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Dua Residensi key handover ceremony

Property News/ 10 October 2020 No comments /中文版

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Penang State Government hopes that the affordable housing (RMM) completed by the Penang Development Corporation (PDC) can further improve the quality of life of the people in this state.

Chief Minister, YB Tuan Chow Kon Yeow said this during the key handover ceremony event for the Dua Residensi project at Teluk Kumbar this morning.

interiorAccording to him, more than 350 units of the total 694 houses of various categories completed by the state agency here have been successfully sold even though the property market is still challenging due COVID-19 pandemic at the moment.

“It is my hope that with the implementation of these carefully planned affordable housing projects, the people of Penang will be able to own their homes and enjoy a better and safer quality of life,” he explained, who is also the Local Government, Housing Town and Country Planning Committee chairman

It is understood that since 2013, the State Government and PDC have been actively focusing on the supply of affordable housing below the ceiling price.

Apart from the Dua Residensi at Teluk Kumbar, a key handover event for 520 units of the Suria 1 project near Bandar Cassia Batu Kawan was held in May 2008.

Meanwhile, another 707 units at Jiran Residensi project near Butterworth are expected to obtain a certificate of completion and compliance (CCC) in early January 2021.

Kon Yeow added that at this time, PDC is also planning for Cecil Residensi project near George Town and Mak Mandin Residensi near Butterworth where the development progress is now at 21 percent and 3 percent respectively.

“Under the PDC, a total of 26,616 units of affordable housing have been provided, namely 3,307 units completed, 2,947 units under construction and 15,230 units in the planning (to be built),” he added, who is also the Member of Parliament for Tanjong and State Assemblyman (ADUN) for Padang Kota.

Find out more about Dua Residensi

 

Urban redevelopment – Addressing the problem of old and unsafe buildings in Penang

Property News/ 10 October 2020 No comments

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The implementation of urban redevelopment or urban regeneration for ‘old’ and high-risk residential buildings is aimed at creating sustainable and habitable development.

Penang Local Government, Housing Town and Country Planning Committee chairman Jagdeep Singh Deo said, this urban redevelopment initiative has been widely implemented in developed countries including some countries in Asia such as Hong Kong and Singapore.

“In 2015, the State Government established the Urban Redevelopment Committee (URC) to monitor issues related to urban redevelopment including building structure security issues.

“(And) as informed earlier, in Penang there are still several public housing schemes that are over 50 years old.

“Therefore, the implementation of urban redevelopment is expected to address issues such as obsolescence of uneconomic structures due to the need for continuous repairs and unsafe old buildings.

“However, until now, the State Government has to wait for the guidance on the implementation of urban redevelopment based on the provisions of the law from the Federal Government to either use the existing act or create a new city redevelopment act,” he said at a press conference at Komtar on 5 October 2020.

Also present were Senior Assistant Secretary (Housing), ‘Ainul Fadhilah Samsudi and representatives from the Penang Development Corporation (PDC).

Earlier, Jagdeep responded to the issue of structural cracks in one of the residential buildings in Taman Free School as reported in an English-language newspaper.

“The issue of the cracking is not something new as the building is over 50 years old and the movement of land in the surrounding area worsens the situation.

“However, the Penang City Council (MBPP) has acted swiftly by relocating the occupants in affected units to a temporary home.

“(And) the area is also closed due to security factors,” he replied.

It is understood that an independent consultant has also been appointed to ratify the situation and monitoring will continue until further action is agreed.

According to Jagdeep, Taman Free School is one of five old public housing schemes placed under URC monitoring.

Apart from Taman Free School, also listed are flats in Padang Tembak (Air Itam); Lengkok Mahsuri (Bayan Baru); Siakap Park in Seberang Jaya and Mak Mandin (in Butterworth).

“For the Lengkok Mahsuri public housing scheme, the urban redevelopment project should be started at the end of this year but postponed due to COVID-19.

Source: Buletin Mutiara

 

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Goodwood Residence

Bayan Lepas/ 9 October 2020 119 comments

goodwood residence-main

Goodwood Residence, a mixed development by Definite Harmony Development Sdn. Bhd. (a subsidiary of WHH Land) at Bayan Lepas, Penang. Strategically located along Jalan Tun Dr. Awang, next to The Clovers condominium by Asia Green Group. It is less than 2km away from Penang International Airport, about 15 minutes’ drive to Second Penang Bridge.

This development comprises a 35-storey condominium with 8 units of shop lots located at the ground floor. Featuring 260 units of the residential unit with indicative price starting from RM500,000 onwards.

Property Project: Goodwood Residence
Location : Bayan Lepas
Property Type : Mixed development
Tenure: Freehold
Built-up Size: 1,075 sq.ft.
Total Units : 260
Indicative Price : RM500,000 onwards
Developer : Definite Harmony Development Sdn. Bhd. (WHH Land)
Last Updated: Oct 2020

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(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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SITE PROGRESS: The Stone (Oct 2020)

Property News/ 8 October 2020 No comments

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About The Stone

An affordable housing development by PLB Land in Paya Terubong, Penang. It is located immediately opposite Majestic Heights, only 1km away from the ongoing EcoTerrace scheme by EcoWorld. Featuring 1,000 units of affordable houses.

(Photo source: Facebook)

Find out more about The Stone

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.

Penang aims to provide 220,000 units of affordable housing by 2030

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The Penang State Government is now setting a new target to provide 220,000 units of affordable housing by 2030.

Penang Local Government, Housing Town and Country Planning Committee chairman Jagdeep Singh Deo said, previously the State Government set a target to provide 180,000 units of affordable housing as part of  vision Penang 2030.

“However, two weeks ago I submitted a proposal in the Exco meeting to add another 20 percent or 40,000 units of affordable housing and it was agreed to address the increased demand from those affected by COVID-19 pandemic.

“And it is the priority of the State Government to provide adequate affordable housing of various types for the people in this state,” he said at a press conference in Komtar on 5 October 2020.

Also present were Senior Assistant Secretary (Housing), ‘Ainul Fadhilah Samsudi and representatives of the Penang Development Corporation (PDC).

According to Jagdeep, to date a total of 106,742 units of affordable housing are available at various categories.

“Of the total, 34,388 units have been completed; 20,180 units are under construction and 52,174 units have been approved for construction.

“(And) of the total as well, a total of 26,616 units are affordable houses (RMM) Type A; 26,995 (Type B) and 53,131 (Type C) with prices offered at RM42,000, RM72,500 and below RM300,000 respectively.

“The 20 percent increase will also include houses with price from RM42,000 to RM300,000,” he said.

Commenting further, Jagdeep who is also the Chairman of the Selection Process Enhancement Committee (SPEC) informed that the committee has approved a total of 54,138 housing applications.

Since its establishment in 2013, this committee has met 58 times where all committee members consisting of Exco, State Assemblyman (ADUN), Member of Parliament (MP) and Housing Division.

“Of the 54,138 applications that have been approved, a total of 25,913 applications are for RMM Type A; 10,930 (RMM Type B), 16,683 (RMM Type C) and Rent-To-Own (RTO) of 612 units.

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“Only truly qualified applicants will be given affordable housing units and this committee will continue to screen and recommend waiting lists until no more waiting lists are reported,” he said.

Speaking about the waiting list, Jagdeep said that there was previously a list of applicants since 1976.

“To recognize the effectiveness of this committee, I am glad to announce that there is no waiting list for RMM Type A in the Seberang Perai Tengah (SPT) district for the quota of all races.

Meanwhile, for the Southwest and North Seberang Perai (SPU) districts, there is no waiting list for Chinese and Indian quotas.

“As for RMM Type B, the Southwest and SPU areas are reported to have no waiting lists for Chinese and Indian quotas.

“And for RMM Type C, all districts are reported to be given offers according to the project applied for by the applicants.”

“Since there are already locations that no longer have a waiting list, the houses will be offered to the eligible applicants according to the current demand and supply. ”

“For the Northeast district, the demand is very high but supply is very limited due to high population density with limited land to be developed.

Source: Buletin Mutiara

 

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