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SITE PROGRESS: Triuni Residences (Dec 2019)

Property News/ 16 December 2019 No comments

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About Triuni Residences

The third phase of The Sanctuary development, featuring three residential towers, with a total of 552 condominium units. It is strategically located within the established township of Batu Uban, next to The Sanctuary (Phase 1). Just a mere minutes drive from University Science Malaysia and Penang bridge.

Find out more about Triuni Residences

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Find out more from the video below (taken Oct 2018)

Penang International Airport expansion approved, to be completed by 2024

Property News/ 14 December 2019 11 comments

penang-international-airport-expansion

The state government opted for the expansion of the Penang International Airport (PIA) rather than build a new one on reclaimed land in the south as it could not afford to delay the project.

State Local Government Committee chairman Jagdeep Singh Deo said the State Planning Committee (SPC) in a meeting in March indicated that a new airport could be built on a reclaimed island off Batu Maung.

“However, current events had superseded such a suggestion, and we have to move fast to cater to the increased capacity and go ahead with the PIA expansion, ” said Jagdeep in announcing the expansion of PIA at the Implementation and Coordination Unit (ICU) of the Prime Minister’s Department office in Wisma Boustead here yesterday.

The Star had reported that the Penang Island City Council (MBPP) had given the green light to Malaysia Airport Holdings Bhd (MAHB) to go ahead with the expansion, which would increase the present passenger capacity from six million to 12 million passengers. He said MBPP had approved the planning permission for PIA’s expansion on Dec 3, adding that the project was expected to kick off in March next year.

Jagdeep said a bigger northern corridor international airport that could cater to the three northern states of Penang, Kedah and Perlis could be considered in the future.

Consultant architect AHS Architects Sdn Bhd managing director Datuk Abu Hassan Salleh, who was also present, said the expansion would increase the terminal’s gross floor area to 113,005sq m from 54,582sq m.

“The new design will have the capacity to accommodate 12 million passengers per year, while the two-way passenger peak-hour capacity will increase to 4,391 from 2,553 currently and would be able to accommodate 25 commercial aircraft.

“The Air Traffic Control Tower, Civil Aviation Authority of Malaysia, Meteorological Station, the Airport Fire Rescue Service station and aviation apron will be relocated to the new terminal with the number of parking bays to be increased to 1,800 bays from 1,218 at present, ” he said.

Abu Hassan said the estimated cost of the project, to be completed in 2024, was RM800mil, but it could be higher due to the demolishing and rebuilding of certain structures of the airport building.

“While we are looking at the gridlock and congestion as the work progresses, it could be controlled, as work on the main terminal will only be in the last phase, ” he added, when asked if the congestion would get worse during the expansion.

PIA has been bursting at its seams for some time, where it surpassed its maximum annual capacity of 6.5 million passengers middle of this year. The present PIA is the country’s oldest airport, having been built in 1935 when Penang was part of the British-ruled Straits Settlement.

It underwent a major upgrade in 1979 to accommodate Boeing 747s, then the largest planes in the world. The terminal saw two significant facelifts in 2009 and 2013.

Source: TheStar.com.my

 

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UPCOMING: Tanjung Bungah / Doublecloud Sdn. Bhd.

Tanjung Bungah/ 13 December 2019 No comments

proposed-development-by-doublecloud

A newly proposed serviced residence development by Doublecloud Sdn. Bhd. at Tanjung Bungah. It is strategically located and fronting Jalan Tanjung Bungah, diagonally opposites One Tanjung luxury condominium. Just a short walk to Tanjung Bungah beach.

This development will see the demolition of the existing petrol station, for the construction of a 20-storey commercial tower featuring 112 serviced suites. There will be 5-level multi-storey carpark and commercial lots.

The project is still pending for approval. More details will be available upon official launch.

Project Name : (to be confirmed)
Location : Tanjung Bungah
Property Type : Serviced residence
Built-up Size: (to be confirmed)
Total Unit: 112
Indicative Price : (to be confirmed)
Developer : Doublecloud Sdn. Bhd.
Last Updated: May 2021

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Sea and hill-view urban resort condo from RM590K

Runnymede is making last call for HOC campaign! Call now to know the additional discount and rebates!

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Penang Structure Plan 2030 gazetted, including 3 new islands

Property News/ 12 December 2019 1 comment
PSP 2030 (Draft)

PSP 2030 (Draft)

Penang Chief Minister Chow Kon Yeow yesterday announced the approval of the 2030 Penang Structure Plan (RSN), which outlines development strategies and policies for the state from 2020 to 2030.

Chow said the RSN, which had taken into account public views and objections over the past year, was now legally binding. He said the RSN was gazetted on Oct 24, after the state executive council had approved it.

The RSN includes the Penang South Islands project and reclamation projects in Seri Tanjung Pinang, Gurney Drive and the Queensbay area.

At a press conference here, Chow said the RSN could be reviewed every five years to take into account market demands and other factors.

He said local plans —which dictate what can or cannot be built in a particular area — would be ready next year.

At the same press conference, state Town and Country Planning Committee chairman Jagdeep Singh Deo said there would be two local plans (RT) — one for Penang Island and the other for Seberang Perai.

He said the RT for Seberang Perai was expected to be rolled out by June 2020 while the island plan would be out by Dec 2020.

Asked why the RTs had been delayed, Chow said the plans typically followed the RSN as it was the main development master plan.

He said since a new RSN was being released, all local plans must follow strategies laid out under this RSN.

Asked if Penang had ever had a local plan, Chow replied in the negative, saying it never had one in place. “There has never been a local plan,” he said.

On a proposal by a private developer to reclaim an island near Batu Ferringhi, he said there was no final word yet and it remained a proposal.

The RSN is the result of a federal law which requires all states to come up with a structure plan which would essentially lay out the spatial plans for the state.

It outlines the development plans for the state over the next 10 years and, among other things, will affect density and where homes can be built.

It can be reviewed once every five years. The last RSN was gazetted on June 28, 2007 and is still in use today.

Source: Free Malaysia Today

 

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