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Garden Superlink @ Jesselton Hills

Bukit Mertajam/ 17 September 2020 3 comments

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Garden Superlink, is the 3rd Garden Homes Collection offering by Wing Tai Asia in Bukit Mertajam. It is part of the 120-acre Jesselton Hills development, which was first launched in 2011. The residential enclave is strategically located near Jalan Rozhan, with easy accessibility to an abundance of nearby amenities. AEON Mall and SJKC Sin Ya primary school are only five minutes drive away.

This development comprises 70 units of 2-storey superlink homes surrounded by lush greens with 3 layout options to choose from. Each unit comes with a minimum land size of 22′ x 79′, including an extra green space for gardening purposes or future extensions.

Project Name : Garden Superlink @ Jesselton Hills
Location :
 Alma, Bukit Mertajam, Penang
Property Type : Residential
Land Size: 22’ x 79’  (Type A), 23’ x 79’ (Type B) & 24’ x 79’ (Type C)
Total Units: 70
Indicative Price: (to be confirmed)
Developer : Wing Tai Asia

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.)

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SITE PROGRESS

 

Rent-to-own way to address housing affordability issue

Property News/ 17 September 2020 No comments

RTO

The concept of affordable housing in Malaysia needs a complete reset, with ”rent-to-own” (RTO) schemes being effective to way improve the lives of the lowest income group (B40) nationwide, property expert believes.

Alpha REIT Managers chairman Datuk Stewart LaBrooy said the reset was needed as the term “affordable housing” in Malaysia was an oxymoron. “It doesn’t exist, ” he said. “How do you sell a house to a person who does not have money?

“If you look at the level of wages for the B40 group, which make up the bulk of the population, they cannot afford to buy, ” he said during a panel discussion at the 2020 National Housing and Property Summit on Tuesday.

LaBrooy said the concept of affordable housing should be replaced with the concept of “affordable rents”.

“Here, the government can step in and subsidise rents for these people who can then live in furnished apartments and have quality lives, and can pull themselves up into a higher wage bracket. Because, when you’re sitting in the gutter, you can never get out of it.

“It’s pointless to keep bashing down on minimum wage and forcing people to work 12-hour shifts, seven days a week, just to earn enough to stay alive. How can you build affordable housing when the people you’re trying to target just can’t afford them? There’s no market. Zero demand.”

LaBrooy said the only way to deal with the situation is for the government to take the excess demand, subsidise the rent, place the people into decent accommodations and let them start to pick themselves up.

“That’s the starting point. When they start earning more money, they may have an option to buy a unit or move out and buy their own place. You can’t ask them to apply for a loan and buy a house. They’ll default. It’s a given!

“So, this whole thing about affordable housing is not even a debate. It needs a complete reset and we need to go back to the drawing board.”

Meanwhile, Rahim & Co International Bhd executive chairman Tan Sri Abdul Rahim Abdul Rahman (pic below) said there was too much political interference when it comes to the property sector.

“Even in affordable housing, there is too much political interference. Land is a state matter. When a political party falls in one state, the policies that were done before are changed because of new politics.

“Therefore, there needs to be less politicking and more focus on the rakyat. If we concentrate on what the rakyat wants, the better it is for all of us.”

The B40 represents the bottom 40% of income earners in Malaysia. In 2019, the mean income was RM1,849 for households in the lowest tier.

The RTO programme was introduced in 2016 to help those earning below RM3,000 a month. The scheme allows the individual to own the unit they are living in after paying rent for a certain period.

Source: TheStar.com.my

 

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The Frontage

Prai/ 15 September 2020 No comments

the-frontage-dnp

The Frontage, a small commercial development by Wing Tai Asia within Perai Free Industrial Zone. The project site is located along Jalan Nagasari, neighboring with several industrial factories and mature amenities. Juru Auto City and North-South Expressway are only five minutes’ drive away.

This development will feature 16 units of road fronting 2-storey shop offices, with a standard built-up area of 22 ft. x 60 ft.

Project Name: The Frontage
Location : Perai
Property Type : Shop Offices
Total Units : 16
Land Tenure : Freehold
Indicative Price : (to be confirmed)
Developer: Grand Eastern Realty & Development Sdn. Bhd. (Wing Tai Asia)

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.

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Housing integrated data system 50 % complete

Property News/ 15 September 2020 No comments

affordable-loan

The Housing Integrated Data System (HIDS) being developed by the Housing and Local Government Ministry (KPKT) is now 50 per cent complete and expected to be ready next year, said Minister Zuraida Kamaruddin.

She said HIDS is being developed for a thorough collection and analysis of housing data through big data from the federal and state governments as well as government and private agencies and non-governmental organisations (NGOs).

“We (KPKT) are collecting this information to plan and build a system that can be utilised by the ministry and developers to plan the construction site of housing areas at a more affordable price.

“Buyers can choose the location or type of house that suits their budget,” she told a press conference after delivering a keynote address at the National Property and Housing Summit 2020 here today.

On the targeted housing loan scheme, especially for the B40 and M40 groups, Zuraida said the matter would be implemented under the 12th Malaysia Plan (12MP).

Zuraida said the soon-to-be-introduced scheme would provide guidelines that would make it easier for banks to approve housing loans thus enabling buyers from the B40 and M40 groups to own a house.

“KPKT is working on this scheme. We will ensure that this scheme will be enjoyed by the target group,” she said.

In another development, she said that to date, about 33,000 young people from the B40 group own their first home through the My First Home Scheme (SRP) introduced by Cagamas SRP Bhd.

Source: Bernama.com

 

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Utropolis Batu Kawan’s Priority Package makes it easy!

Property News/ 14 September 2020 No comments

suasana-type-c

From spacious family homes to stylish modern suites, Utropolis Batu Kawan has something for everyone. A university metropolis complimented by one of Australia’s best universities, UOW Malaysia KDU Penang University College, Utropolis Batu Kawan is an integrated township with education, leisure, wellness, retail and residential elements coming together as one vibrant and holistic address.

Currently in its third phase of development, Utropolis Batu Kawan offers two distinct residential choices, Suasana and Sinaran, each answering to different homeowner’s needs.

Suasana is your perfect family home

Just as its name suggests, Suasana accords you with a cosy ambience to come home to. Offering a generous built-up of 1,313 sq ft, these capacious residences are particularly designed for growing families. It features a total of 3 bedrooms and 1 master suite connected via a dual-key concept, making it suitable for multi-generational living and provides the opportunity for a passive income without the expense of your privacy.

As you step into this homey abode, you will discover natural sunlight coming into every room, a feature rarely found in high-rise residences. Not only that, but full-width glass panels of up to 15 ft wide at the living area also brightens up the entire home and gives you a spectacular view of the horizon.

Fast facts on Suasana:
√ Ideal size for families at 1,313 sq ft
√ 3 bedrooms + 1 master suite
√ Versatile layout offers flexibility to extend room sizes according to your needs
√ Dual-key feature offers passive income opportunities
√ Separate wet and dry kitchen areas
√ Natural sunlight to every room
√ Full width glass panels brighten the entire living area
√ 5-tier recreational indulgences designed for the whole family

Register your interest now

sinaran-living-roomSinaran for the young and ambitious

Sinaran, on the other hand, offers the choice of a smaller living space ranging from 667 sq ft to 1,044 sq ft, making it an affordable first home for many young adults. Designed to suit today’s modern lifestyle, the entire place is conceptualised with stylish comfort and classy leisure in mind.

Living up to the tagline “Living without Boundaries”, the development features an impressive list of up to 50 recreational facilities, amongst them are an outdoor cinema, smart co-working spaces, hammock garden, 50m Olympic length swimming pool, boxing ring and more.

Fast facts on Sinaran:
√ Cosy residential suites from 667 sq ft to 1,044 sq ft
√ Stay-work-play concept with co-working spaces, co-kitchen, meeting room, sauna room, glamping deck and more
√ Offers up to 50 recreational facilities
√ 5-tier smart security system with digital locks
√ Selective units with dual key feature

Register your interest now

Pay only RM1,000 to own your dream home*

With the recent launch of Utropolis Batu Kawan’s new Priority package, it’s so easy and affordable to own a home in this self-contained township. With zero entry cost* and a Priority tailored payment plan*, now is the best time to make your move. Interested purchasers are also urged to take advantage of the extra incentives offered under HOC 2021

Not only that, all units at Suasana and Sinaran are furnished with kitchen cabinets, hood & hob, fitted bathrooms, water heaters and digital lock sets making moving in seamless and hassle-free for you.

So don’t miss the opportunity to own this prime address strategically located just 1km from the Second Penang Bridge. Whatsapp or call 012-501 0733 for more information or visit www.paramountproperty.my for a virtual tour of these homes today!

 

Register your interest now to find out more

*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.)

*Terms and conditions apply

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