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MM2H programme not cancelled

Property News/ 3 November 2020 No comments

my second home

The government has not cancelled Malaysia My Second Home (MM2H) programme, instead it is temporarily frozen, the Dewan Rakyat was told yesterday.

Tourism, Arts and Culture Minister Datuk Seri Nancy Shukri said the temporary suspension was to allow the ministry to make detailed specifications and improvements to the programme, comprising safety, property, wellbeing and economic impact.

“Actually we have not finalised the cancellation of the programme, we are reviewing and devising certain conditions. That is the reason why we returned the applications, to enable them (applicants) to meet the new conditions.

“We do not want to approve their applications and later hold them back, thus disappointing the applicants. The deposits are not forfeited, applicants can get them back from their agents,” she said during the question-and-answer session, in response to a supplementary question from Maria Chin Abdullah (PH-Petaling Jaya) on how the government could provide financial aid to programme participants who had paid their deposits.

Nancy said although the ministry was aware that the suspending of the programme would affect the country’s economy, it has to be done as the programme had never undergone a detailed review since it was launched in 2002.

Replying to a supplementary question from Datuk Mohd Salim Sharif (BN-Jempol), the minister said a total of 66,458 applications had been approved since 2018 to date and China recorded the highest number of applicants for the programme.

Besides China, applicants also came from Japan, Bangladesh, the Republic of Korea (South Korea), the United Kingdom, Hong Kong, Singapore, Taiwan, Iran and India, she added.

Source: EdgeProp.my

 

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UPCOMING: George Town / Saluran Melodi Sdn. Bhd.

George Town/ 1 November 2020 8 comments

proposed-development-by-saluran-melodi

A proposed residential development by Saluran Melodi Sdn. Bhd. in George Town, Penang. Located on a ~0.6 acre land along Jalan Makloom, adjacent to Subaru Sales and Service Center at Sungai Pinang. It is just. a stone’s throw away from the Beacon Executive Suites, about 5 minutes drive to Penang Times Square.

The proposed development comprises a 19-storey condominium, featuring 80 residential units with 5 levels of car parking podium. Recreational facilities will be located at level 6.

This development is still pending for approval. More details to be available upon project official launch.

Project Name : (to be confirmed)
Location : Georgetown, Penang
Property Type : Condominium
Total Units: 80
Built-up Size: (to be confirmed)
Developer : Saluran Melodi Sdn. Bhd.

Register your interest here, and we will keep you updated.

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*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.

COVID-19: Several cases reported in 7 apartments at Bayan Lepas and Batu Maung

Property News/ 30 October 2020 1 comment /中文版

covid-19-bayan

Seven apartments and flats in Bayan Lepas and Batu Maung have reported at least one positive Covid-19 case in their premises, linked to the Bayan cluster.

As of today, the cluster has recorded 47 active cases, with seven new cases in the past 24 hours.

Bayan Lepas state assemblyman Azrul Mahathir Aziz said of the seven premises, four were under his state constituency, which included Pangsapuri Idaman Selasih, Pangsapuri Bayu Tiara, Pangsapuri Kejora and Flat Mutiara Perdana 2.

He said the other three premises; Suria Merbah, Flat Pusat Bayan and Pangsapuri Desa Bayan, were under the Batu Maung state constituency.

“I take note of the spread of Covid-19 cases, especially in Bayan Lepas.

“I hope the people will not panic, but at the same time, take heed of the threat of the Covid-19 pandemic,” he said today.

As such, Azrul advised all to take additional precautionary measures besides the existing standard operating procedure (SOP).

Earlier this afternoon, Azrul and officers from his service centre distributed 2,000 pieces of face masks and 10 bottles of 500ml hand sanitisers to be placed at lifts and JMB management offices to all the affected apartments and flats.

Sanitisation exercises were also carried out by the Health Ministry this afternoon.

Last Sunday, Health director-general Tan Sri Dr Noor Hisham Abdullah announced the Bayan cluster as one of nine new Covid-19 clusters in the country.

He said the Bayan cluster in Seberang Prai Utara as well as southwest and northeast districts of Penang involved index case (case No 22,930) identified from testing a symptomatic individual on Oct 21, who was warded at the Penang Hospital.

As of today, 1,036 close contacts have been screened, of which 44 were active cases and three recovered.

On Thursday, a videographer here was ordered to undergo home-quarantine after his housemate tested positive for Covid-19, believed to be linked to the Bayan cluster.

Kelab Media Mutiara Pulau Pinang (Mutiara) said the pressman, a club member, took a swab test at the Bayan Baru Health Clinic yesterday and was awaiting the test result.

Mutiara president Imran Hilmy Tawfik Hilmy said the videographer’s last assignment was on Wednesday, where he had covered Chief Minister Chow Kon Yeow’s press conference in Komtar.

Late yesterday, Chow advised all individuals who attended the said PC to restrict their outdoor movements.

They had also been advised to strictly adhere to the SOP if they needed to go to work or be in public places.

Source: NST Online

 

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SITE PROGRESS: Queens Residences (Oct 2020)

Property News/ 30 October 2020 1 comment

queens-residences-site-progress-oct2020-9

 

About Queens Residences

Luxury waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar Condominium, just stone’s throw away from Queensbay Mall.

Find out more about Queens Residences

Register your interest here to keep yourself updated with future development

(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.

AFFORDABLE: Tanjung Bungah / Taman Sri Bunga SB.

Tanjung Bungah/ 29 October 2020 26 comments

proposed-development-taman-sri-bunga-affordable

A proposed affordable housing development by Taman Sri Bunga Sdn. Bhd. (a subsidiary of BSG Property) at Tanjung Bungah. Strategically located within upscale neighbourhood along Lorong Sungai Kelian 10, right next to Prince of Wales Island International School. It is only a mere minutes drive to Penang famous tourist belt of Batu Ferringhi.

This development will see the construction of a 33-storey low-medium cost apartment, featuring 342 residential units and 5 levels of car parking podium. There will also be 14 units of shop offices at the ground level.

The project is only for eligible applicants only.

READ MORE ABOUT AFFORDABLE HOUSING:

Project Name: (to be confirmed)
Location: Tanjung Bungah
Property Type: Affordable Housing (Type B)
Built-up Size: 750 sq.ft. (to be confirmed)
Total Units: 342
Indicative Price: RM72,500
Developer: Taman Sri Bunga Sdn. Bhd. (BSG Property)

Location Map:

 

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.