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Several infrastructure projects in Penang to take off this year

Property News/ 3 January 2020 No comments

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The Penang government regards 2020 as an important year for the state as several state infrastructure projects will take off in the next 12 months.

Chief Minister Chow Kon Yeow said among the projects that will start this year are the Penang airport expansion, construction work on the redevelopment of the Swettenham Pier Cruise Terminal and package two of the Penang Transport Master Plan (PTMP).

“All these infrastructure projects are expected to start this year, and if not start work then a signing agreement and tender processes will also take place,“ he told reporters after flagging off the City Walk here yesterday.

He said these projects would spur the state economy by providing more jobs and contracts to the relevant sectors.

Chow said these infrastructure projects would also attract more investment to the state.

“What we announced last year will probably move into the construction phase this year, before jobs can be created.

“But jobs would have been created for those announced two years ago,“ he said.

Chow, who is also the state assemblyman for Padang Kota, said the state government has nothing to hide regarding the Package 2 project PTMP linking Bandar Baru Air Itam in Farlim to Tun Dr Lim Chong Eu Expressway here.

He explained that all details of the projects have been included in the environmental impact assessment (EIA) display, including the 19 affected graves at the Batu Lanchang cemetery.

“I have got nothing to hide regarding the project and it is all in the EIA display. If people do not take it out, what can we do? Only they (Gerakan) took a long time to find out,“ he said.

Chow was commenting on the claim by Gerakan that the state government was hiding the fact as it was not mentioned earlier that the project would affect 19 graves in Batu Lanchang.

Last Monday, the state government announced that several meetings were held with the United Hokkien Cemeteries Penang at Batu Lanchang to discuss the status of some more than 100-year-old graves that will be affected by the project.

Source: Bernama

 

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PR1MA @ Bukit Gelugor is in final stage of planning

PR1MA-gelugor

State Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo revealed that the two 1-Malaysian People’s Housing Projects (PR1MA) at Bukit Gelugor are in the final stage and the authorities are having further negotiations to include C-type affordable housing (RM 150,000) units.

He also said that the local council has approved PR1MA’s planning submission to demolish Kampung Kastam for the mixed development plan. Phase 1 in Lot C will feature two 46 and 44-storey buildings that offer 855 type C affordable units; There will be 66 units of shop offices in second phase.

In the first phase of Lot B, there is a 38-storey building offering another 905 type C affordable units while the second phase will offer 257 type A affordable units in a 24-storey building.

YB Jagdeep pointed out that after meeting with the Minister of Housing on June 4, 2018 and January 4, 2019, the state government asked the federal government to continue the PR1MA plan, even if the PR1MA brand is no longer used.

“PR1MA was established in 2013 to provide affordable housing to middle-income M40 groups.”

 

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5 most-read news articles for 2019

Property News/ 1 January 2020 1 comment

#1 Penang affordable home onwers unhappy over defects (16, 364 views)

the-rise-constructionSome buyers of affordable homes along Jalan S.P. Chelliah here are most unhappy with the state of their new properties.

According to a report by The Star today, the owners of the new homes were confronted with “bust water pipes, unpainted bedroom doors, windows that cannot opened fully and water puddles in common areas”.

An owner named Chan told the daily that “water marks have formed on the wall and I can see water seepage”. [READ MORE…]

#2 One Foresta affordable home completed (14,962 views)

one-foresta-completedOne Foresta, a premium affordable home by Penang Condo King – Ideal Property Group, has been fully completed to provide the one-of-its-kind lifestyle and high-quality residence for Penang home buyers.

The Penang State Government launched the affordable home campaign in 2013 to assist Penangites especially the younger generation to buy their first homes. In support of the State Government’s campaign, in 2015, Ideal Property Group launched the I- Condo affordable housing series, comprising I-Santorini and One Foresta. It received an overwhelming response soon after the launch. [READ MORE…]

#3 Penang International Airport expansion project (14,696 views)

new-pia-viewPenang’s airport is expected to be expanded soon at a cost of between RM800 million and RM900 million.

The expansion will double the terminal’s gross floor area to 113,005 sq m from 54,582 sq m.

The new design will have the capacity to accommodate 12 million passengers per annum, from 6.5 million today, and can handle 25 commercial aircraft at any one time. The number of parking bays will also be increased to 1,800 bays from 1,218 presently. [READ MORE…]

#4 Seberang Perai is now a City (12,169 views)

Seberang_Perai_SkylinePenang will be the only state in Malaysia with all its Local Authorities (PBTs) elevated to city council status.

Penang has two local authorities – the Penang Municipal Council (MPPP) which obtained city council status in 2015, known as the Penang Island City Council (MBPP) and Seberang Perai Municipal Council (MPSP) which has now been upgraded.

Penang Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said the Federal Government had approved the state government’s application to upgrade the MPSP to city council status last week. [READ MORE…]

#5 Construction of Ayer Itam-LCE Expressway bypass to start on Oct 31 (10,106 views)

air-item-lce-expressway-new-roadAfter a six-year wait, the Penang government has inked the Bandar Baru Air Itam to Tun Dr Lim Chong Eu Expressway bypass road deal.

Costing RM851mil, the 5.7km road is the second package of the three paired roads package under the RM6.3bil undersea tunnel project. Work is scheduled to begin on Oct 31.

Chief Minister Chow Kon Yeow signed the sub-agreement to kickstart the project with Consortium Zenith Construction Sdn Bhd (CZC) chairman Tan Sri Azmi Khalid at Komtar on Friday (Oct 11). [READ MORE…]

 

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20 Most Active Projects in Penang (2H 2019)

Statistics/ 31 December 2019 No comments

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As we are welcoming a brand new year in just a couple of hours, let’s take a look at the 20 most active projects in second half of 2019.

At a glance, 60% of the top 20 list are from affordable housing projects. The Zen condominium continues to hog the limelight being the most popular housing project in Penang. This project is part of the mixed development by Asia Green located next to Tun Dr. Lim Chong Eu Expressway. Comprises more than 2,000 condominium units in two 46-storey residential towers, 1,200 units of which are categorized under affordable housing. The project is now sold out.

The Rise, ranked 2nd, is a recently completed affordable housing scheme by Penang State Government.  Located at Jalan S.P. Chelliah in Georgetown, comprises 770 low-medium cost units of 700 sq ft priced at RM72,500, 883 medium cost units of 800 sq ft priced at RM200,000, 165 units of 900 sq ft priced at RM300,000 and 275 units of 1,000 sq ft priced at RM400,000. It is now completed with CCC.

This is followed by Penang International Exchange (PIX), a proposed commercial development by Ideal Property Group in Bayan Baru. Strategically located next to the intersection of Jalan Tengah and Jalan Mayang Pasir, near Pantai Hospital. It sits on a 16 acres land, comprises the land currently occupied by Giant Hypermarket and the adjacent vacant land.

Havana Beach Residence (ranked 5th) and Terraces Condominium (ranked 17th) are two newly launched projects in second half of 2019.

Camdon @ Eco Horizon is the only project in Mainland that made it to the top 20 list. Located just a stone’s throw away from IKEA Batu Kawan, featuring a new development concept with three different landed property types. Indicative price starting from only RM426k onwards.

* Projects are ranked based on the pageviews recorded in Google Analytic web traffic report for PenangPropertyTalk.com.

 

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AFFORDABLE: Seberang Jaya / Green Ace Heritage SB. (Airmas Group)

Seberang Jaya/ 30 December 2019 2 comments

proposed-development-green-ace-heritage
A newly proposed affordable housing development by Green Ace Heritage Sdn. Bhd. (subsidiary of Airmas Group) at Seberang Jaya. Strategically located near Jalan Kelisa Emas 4, surrounded by a  relatively new neighborhood that comprises K Residences, Primero Heights, Taman Naluri Indah, Taman Naluri Jaya and a few others. It is just a stone’s throw away from AEON Big Hypermarket.

This development comprises a 20-storey condominium, featuring 150 affordable units with an indicative price of RM250k.

READ MORE ABOUT AFFORDABLE HOUSING:

Project Name: (to be confirmed)
Location: Seberang Jaya
Property Type: Affordable Housing
Built-up Size: (to be confirmed)
Total Units: 150
Indicative Price: RM250,000 (estimated)
Developer: Green Ace Heritage Sdn. Bhd. (Airmas Group)

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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