Cecil Residensi, an affordable housing development by Penang Development Corporation (PDC) at George Town. Strategically located between Tun Dr. Lim Chong Eu Expressway and Pintasan Cecil, surrounded by an abundance of amenities which include markets, schools, and eateries. It is only 10 minutes drive to Penang Bridge.

This development will see the construction of a 24-storey residential building, offering 348 low-medium cost units. More than 200 units will be allocated to the original residents and those who are affected by other PDC’s development projects at Weld Quay area. The remaining units will be open for application by eligible buyers.

There will also be 9 units of shop offices located at ground level.

READ MORE ABOUT AFFORDABLE HOUSING:

• Full list of affordable housing in Penang
• Eligibility and the requirement of buying affordable housing

Project Name : Cecil Residensi
Location : George Town
Property Type : Affordable housing
Tenure: Leasehold
No. of Storey: 24
Built-up Size: 700 sq.ft.
Total Units : 348
Indicative Price : RM72,500 (LMC price)
Developer : Penang Development Corporate (PDC)

SITE PROGRESS

SITE PROGRESS: Cecil Residensi (Feb 2024)

DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement unless stated otherwise. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider or party in question.

Location Map:

Camdon Collection is the third phase of Eco Horizon, the largest gated & guarded mixed development township by Eco World at Batu Kawan. Located within a serene neighborhood surrounded by man-made lakes and cycling tracks, complemented with a luxurious clubhouse. It is only a mere minutes drive from Second Penang Bridge with abundance of nearby amenities which include upcoming attractions like shopping centre, education hub & medical centre.

This latest collection will feature new development concept with three different landed property types. Indicative price starting from only RM426k onwards:

What is a Co-Home?

Co-Home – 35’ x 54’
2-storey building which is co-owned by two owners. Each owner can choose to get either bottom or upper level, both with side-by-side car parks.

Terrace Home – 22’ x 54’
2-storey terrace house.

Garden Home – 24’ x 56’ & 20′ x 60′
2-storey home with a private garden space.

Project Name: Camdon @ Eco Horizon
Location: Batu Kawan, Penang
Property Type: Gated & guarded landed house
Built-up Area: from 1,238 sq.ft. onwards
Land Tenure: Leasehold
Indicative Price: RM426,000 onwards
Developer: EcoWorld Development

Location Map:

SITE PROGRESS

SITE PROGRESS: Eco Horizon (July 2020)

SITE PROGRESS: Eco Horizon (Dec 2019)

Video taken: 27 May 2018

The construction works of the new Global Business Services (GBS) facility in Bayan Baru – GBS@Mahsuri – are scheduled to complete in April next year (2020).

Penang Development Corporation (PDC) general manager Datuk Mohd Bazid Abd Kahar said the corporation is confident that the project could be completed on schedule.

“Despite a slow start, the development progress has picked up and is now doing very well,” he told reporters after the PDC Deepavali celebration at the PDC headquarters today.

It was reported that the construction works of the new GBS facility were scheduled to complete by the first half of next year.

The new GBS facility is located next to the PDC headquarters in Bayan Baru.

Mohd Bazid said the facility is a crucial project for PDC.

“We are trying our best to attract investors to Penang and potential investors might take the new GBS facility as a yardstick.

“We focus on attracting investments, meeting the needs of the state and benefitting the people, Penang and PDC in the long run,” he added.

Source: Buletin Mutiara

Penang State Government will establish a new guideline, Transit Oriented Development or better known as TOD in its efforts to complement and encourage housing development near Light Rapid Transit (LRT) service areas and public bus stations.

State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said that in line with that goal, he asked Plan Malaysia and the two local councils to draft and provide TOD guidelines for Penang.

“I have directed the Penang City Council (MBPP) and Seberang Perai City Council (MBSP) to immediately prepare this draft taking into account aspects and jurisdictions of other countries that have practiced it.

“I expect both local authorities to prepare the first draft as early as the first quarter of next year (2020), so developers have time to plan for their housing project in the affected area,” he told a recent media conference here.

Also present was the Chief Minister, Y.A.B. Mr. Chow Kon Yeow, Pengkalan Kota State Assemblyman, Daniel Gooi Zi Sen and Jelutong Member of Parliament, R.S.N. Rayer.

Based on the LRT development project along the Komtar line to Bayan Lepas, there are 27 main stations of Phase 1 involving the construction of 20 stations from Komtar to Island A (Penang South Reclamation project, PSR) and Phase 2 (seven stations linking islands A, B and C).

Commenting on the new guidelines to be introduced, Jagdeep said that the State Government would give priority and incentives to developers developing housing schemes using the TOD method along those lines.

“As we all know, a total of 102,335 units of low-cost (LC), low-medium cost (LMC) and affordable (RMM) houses have been achieved so far involving various stages of preparation.

“To achieve Penang 2030 Vision, I have set a new target of 180,000 LC, LMC, RMM, with the remaining 78,000 units needed to be built by 2030.

“The development of the 78,000 units will follow this guideline based method (TOD) … we will also make major adjustments to the amount of parking allowed later in encouraging the public to use public transport while reducing vehicles and carbon footprints, thus making Penang more green, safe and sustainable, ”said Datuk Keramat assemblyman.

In addition, Jagdeep also expects public bus users by 2030 will increase to 30 percent on the island and 40 percent (Seberang).

“Based on the current ratio, the use of public buses is only four percent on the island and eight percent (Seberang).

“As such, we will try to identify more strategic locations for developing bus stations,” he said, adding that there are 1,711 bus stations throughout Penang with 404 rapid bus services on 71 routes.

Source: Buletin Mutiara

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