fbpx

Penang to spur property sector and ensure sufficient supply of affordable homes

Property News/ 24 April 2020 7 comments

The Penang government will come out with an action plan to ensure that the low-income earners will still have access to affordable homes post Covid-19.

State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh said it was undeniable that the property sector would face tough times ahead.

“We cannot ignore the fact that the property sector is suffering, both the developers and purchasers,” Jagdeep told a press conference at Taman Free School that was streamed live on the Penang Island City Council (MBPP) Facebook page today.

“This extraordinary disaster has ruined many industries, including the housing industry.

“The buying capacity of the buyers is affected. This is important to me because for the past 10 years, we have given priority to affordable homes in the state.

“I will come out with an action plan to ensure that we have adequate stock of affordable housing for Penangites.”

He said his committee had started discussions with relevant players and he would be announcing the action plan soon.

Jagdeep said another matter of importance to Penang was the need to reprioritise and restrategise the Penang Structure Plan 2030 and the Penang2030 vision because of the pandemic.

The Penang Structure Plan 2030 was gazetted at the end of last year and the Penang2030 vision was announced by Chief Minister Chow Kon Yeow in August 2018.

“These are two important documents to guide Penang into the future. So, we need to relook at some of the components as they may have been overtaken by Covid-19.

“I’m happy to say that the chief minister was receptive to my suggestion at the exco meeting yesterday.

“Now everything seems to be at a standstill. We have to rebuild the economy and in the state’s next normal strategy, we are focusing on digitalisation to help speed up the recovery.

“It’s not that we have not delved into digitalisation because one of components in Penang2030 is to become a smart and green city.”

Jagdeep also praised MBPP mayor Datuk Yew Tung Seang and Seberang Perai City Council (MBSP) mayor Datuk Rozali Mohamud for achieving over 99% MCO compliance.

He also thanked the frontliners for their hard work to keep Penang clean and the Penangites for their cooperation during the MCO.

At the press conference, Jagdeep also presented some provisions such as rice, flour, cooking oil and ‘bee hoon’, to some 50 residents of Taman Free School flats in view of the coming Ramadan.

This was part of the 1,000 bags of provisions that are being distributed by Jagdeep’s service centre to nine areas in his Datuk Keramat constituency. The other eight areas are Caunter Hall, Kampong Makam, Wan Chik Ariffin, Kampong Dodol, Jalan P. Ramlee, Datuk Keramat, York Road and Kebun Lama.

Before the press conference, Jagdeep visited the Taman Free School market to distribute face masks to the traders, hawkers and market-goers.

Also joining him were Jelutong MP R.S.N. Rayer, MBPP mayor Datuk Yew Tung Seang and MBPP secretary Datuk Addnan Mohd Razali.

Source: Buletin Mutiara

Tags:

Penang electrical and electronic shops, laundrettes to open for business starting today

Source: Google streetview

Source: Google Streetview

Penang has decided to allow electrical and electronic shops, along with full-service laundry shops in the state to reopen from tomorrow onwards, Penang Chief Minister Chow Kon Yeow announced today.

He said these sectors have applied and obtained approval from the Ministry of International Trade and Industry (Miti) to reopen for business and they will be allowed to operate from 8am to 8pm.

“This decision was made at the state special security committee meeting which I chaired this morning and these shops will have to operate in accordance with the conditions set by the federal government,” he said.

Chow then stressed that buka puasa (breaking of fast) events will not be held in mosques or surau in the state regardless of whether Movement Control Order (MCO) is extended or lifted.

“Due to safety factors, I was informed by the deputy chief minister I, who is the state exco for Islamic religious affairs and the president of the Penang Islamic Council, that buka puasa events will not be held in mosques and suraus in the state and Muslims have been urged to hold solat tarawih in their respective homes,” he said.

However, he added that contributions of aid and zakat to the poor will continue uninterrupted.

The Penang lawmaker hoped the Muslims would adapt to the changes for this Ramadan including the cancellation of Ramadan bazaars.

“I hope we can adapt and continue to practise our faiths in accordance with the MCO,” he said.

He reminded Muslims that they can still have access to halal food through the online Ramadan bazaars by both city councils.

He hoped more will make full use of the online platforms that will also serve to help local hawkers to earn an income during this period.

Source: MalayMail.com

 

Tags:

Covid-19 crisis forces Penang to review PSP & Penang 2030 vision

Property News/ 23 April 2020 4 comments

review-psp-vision2030

The Penang government will review the Penang Structure Plan (PSP) 2030 and Penang 2030 vision as it grapples with fallout from the Covid-19 pandemic.

State Local Government, Housing Development and Town and Country Planning Committee chairman Jagdeep Singh Deo said that both documents are crucial to map out the future of Penang – however, current circumstances have affected their implementation.

Hence, he suggests that the state government review certain components of both.

“We have to reprioritise and re-strategise both documents.

“I am glad to inform you that Chief Minister Chow (Kon Yeow) has received my proposal well. Our priority now is to stimulate the economy of the state, while further embracing the digital era,” he said at a press conference today.

Jagdeep was met by the press after checking the Taman Free School market and distributing face masks to residents there.

Also present were Jelutong Member of Parliament RSN Rayer and Penang Island City Council (MBPP) mayor Datuk Yew Tung Seang.

PSP 2030 was gazetted last year, while Penang 2030 vision was announced in Aug 2018.

Both consist of a roadmap and development plans for the state until the year 2030.

Jagdeep said that he will also prepare an action plan to tackle an expected slowdown in the property industry due to the Covid-19 outbreak.

He said a discussion will be held to devise a plan to assist both developers and buyers in the state.

“We cannot run away from the fact that developers are affected. Buyers are also impacted in terms of purchasing capacity.

“The priority will be for the accessibility of homes and ensuring that adequate supply is available for affordable homes,” he said, adding that he will announce the action plan soon.

Penang Property Talk’s exclusive interview with Penang CM on Vision 2030
(Interviewed on Aug 2019)

Source: NST Online

 

Tags:

UPCOMING: Balik Pulau / Desacity Development

Balik Pulau/ 22 April 2020 No comments

proposed-by-desacity-development

A proposed small residential development by Desacity Development Sdn. Bhd. at Balik Pulau. Located along Jalan Pondok Upih, it is only a stone’s throw from Balik Pulau town centre. This development is only a 10 minutes drive to Prince of Wales Island International School, about 20 minutes drive from Penang International School.

This project will feature 24 units for 2-storey terrace houses with individual titles. It is still pending for approval. More details will be available upon official launch.

Project Name: (to be confirmed)
Location : Balik Pulau
Property Type : Residential
Total Units : 24
Land Tenure : (to be confirmed)
Indicative Price : (to be confirmed)
Developer: Desacity Development Sdn. Bhd.

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.

Location Map:

 

Camdon Collection at Eco Horizon – From RM426K

Batu Kawan/ 20 April 2020 No comments

eco-horizon-camdon-main

An integrated mixed development township across the Second Penang Bridge is about to unveil its latest offering.

Camdon Collection is the third collection of Eco Horizon, the largest gated and guarded mixed development township by Eco World at Bandar Cassia in Batu Kawan.

Eco Horizon lies just minutes away from the landing point of the Second Penang Bridge in Batu Kawan, and is within close proximity to Ikea Batu Kawan, Penang Design Village, and a host of trendy and rustic eating spots.

This latest collection from Camdon will feature a fresh development concept, offering three distinct landed property models, with an indicative price starting from only RM426,000.

Of great interest is the fact that these homes will offer its owners a chance to design their own layouts, depending on their lifestyle needs.

This collected is being touted as the first in Penang to offer EcoWorld’s Design2Own concept, where the owner gets the developer to cater to their needs.

Various layout options are available to make one’s home their personal sanctuary while catering to their design taste.

Just like the previously unveiled collections at Eco Horizon, Camdon homes will be located within a serene neighbourhood surrounded by man-made lakes and cycling tracks, and complemented with a luxurious clubhouse.

This latest collection will feature Co-Homes (two storey units measuring 35’ x 54’) belonging to two owners. Each owner gets to choose which floor they wish to occupy and own and have side-by-side car parks.

Also available from the Camdon collection are two storey terraces homes (measuring 22’ x 54’) along with 2-storey garden homes (measuring 24’ x 56’) which come with a private garden space.

Other plus points in the neighbourhood are the construction of other stunning homes,
private and national-type schools and top-notch hospitals.

UOW Malaysia KDU University welcomes its first batch of students for its January intake and more students who have completed their Sijil Pelajaran Malaysia examinations are expected to enrol.

Another exciting development in the area will be the opening of the The Ship Campus (Peninsula College) which is set to be located within the One Auto Hub at Bandar Cassia in Batu Kawan.

Also awaited for Batu Kawan, is the opening of the new Chinese school, SJK (C) Kuang Yu.

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:

Tags: