MAPEX has been one of the feasible platforms in gathering interest for property purchasing as the previous venture made a grossing sales of RM300 million, with more than 200 applicants in salvaging government-linked homes. As the Co-Organizer of MAPEX, Property Queen’s dedication and commitment ensuring homeownership among Malaysians will receive positive participation through the consistent support that is invested through the making of this event. The participation will justify Property Queen’s practice in providing comprehensive service to the consumers and facilitate them in searching for the next future dream home.

If you have missed the MAPEX event at Queensbay Mall last week, here is another chance to search for your new home at the second MAPEX event at Gurney Plaza this coming weekend (14 Nov – 17 Nov).

Lot 9, a light industrial factory project by Taman Jadi Group at Nibong Tebal. It is located along Jalan Perindustrian Nibong Tebal 3, adjacent to Kian Hon Tyres Sdn. Bhd. Second Penang bridge is only 10 minutes drive away via North South Expressway.

This development offers 8 units of 3-storey semi-detached light industrial factories and one detached unit. The standard unit will built-up area of 10,779 sq.ft. with a spacious land area of at least 17,454 sq.ft.

Project Name : Lot 9
Location : Nibong Tebal
Property Type : Light Industrial
Built-up Size: 10,779 sq.ft
Land Area: 17,454 sq.ft.
Total Unit: 9
Indicative Price : (to be confirmed)
Developer : Taman Jadi Group

Location Map:

If you have missed the recent soft launch of Sinaran Residences @ Utropolis, here is an opportunity to attend the private preview of the new show unit with fun-filled activities.

NEW SHOW UNIT PRIVATE PREVIEW

16 – 17 November 2019, 11am – 6pm
Paramount Property Sales Gallery @ Design Village

Please call 012-501 0733 for more details

An underpass would be the best option to alleviate traffic congestion in Mount Erskine, Penang, instead of a flyover.

Chief Minister Chow Kon Yeow said there was no other alternative but to build an underpass under the planned Pan Island Link 1 (PIL1) project.

Chow was responding to an oral question by Chris Lee (PH-Pulau Tikus), who asked what were the infrastructure projects coming up in Mount Erskine.

Chow replied that the affected residents would be compensated in accordance with the market value of their properties, with the valuation done by the Valuation and Property Services Department.

“Those who are not satisfied with the compensation given have the right to seek redress, ” he said at the state assembly sitting on Wednesday.

Chow also said according to the Traffic Impact Assessment Report (TIA), the number of vehicles along Pulau Tikus was expected to increase by 4.15% annually with daily traffic movement projected to increase by 8,500 in 2024.

“If this project is not implemented, if would have a direct impact on the economic development in the area due to continued gridlock at the junction of Jalan Gottlieb, Jalan Bagan Jermal, Jalan Burma and Mount Erskine, ” he added.

On the infrastructure projects, Chow said 10,000 residential units would be built at Jalan Mount Erskine, Jalan Fettes and Jalan Lembah Permai in 2024 when the underpass linking Jalan Mount Erskine and Jalan Burma is completed.

In September, several residents in the area had called for the RM30mil underpass to be scrapped claiming it would encroach into their land.

They also claimed that they were kept in the dark and were shocked when they received a letter for land acquisition from the Land Office in May.

The acquisition, they alleged would adversely affect their homes and the state government should have engaged them before gazetting the project in 2017.

The controversial 19.5km PIL1 is part of the Penang Transport Master Plan which is a RM9.6bil highway connecting Gurney Drive and Tun Dr Lim Chong Eu Expressway near the Bayan Lepas Free Trade Zone Phase lV.

Work on the project is set to commence in June next year.

Source: TheStar.com.my

In line with the Penang State Government’s vision, and the intention to further develop Penang as a major destination for tourism, the Chief Minister of Penang Incorporated (CMI) is inviting proposals for the development of a 4.2 acres landmark site along the northern coast of Penang into a Coastal Resort and Spa Development.

The project site is expected to be developed into luxury resort accommodation as a new benchmark for high-end tourism products for Penang. The feature highlights include:

Full-service Spa Resort with not more than 100 guestrooms

• Reception and other guest facilities;
• Swimming Pool;
• Restaurants and other F&B outlets;
• Function Room;
• Ample parking area

The Request for Proposal (RFP) is now open for submission.  Bidders can submit their proposals to The Secretariat, Chief Minister of Penang Incorporated (CMI), Level 47, Komtar, 10503 Penang, Malaysia before noon on 31 Dec 2019.

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