About The Amarene
Part of Ideal Vision Park development by Ideal Homes in Bayan Lepas, Penang. This development is strategically located along Jalan Tun Dr. Awang, adjacent to Tree Sparina condominium. It is just a mere minutes drive to Straits International School and Penang International Airport. Featuring a 35-storey condominium that offers 410 residential units with built-up size ranges from 1,100 sq.ft to 1,200 sq.ft.
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Havana Beach Residences, the latest affordable housing development by Ideal Property Group at Bayan Lepas. Strategically located near Jalan Tun Dr. Awang, adjacent to Sunsuri Residences and the upcoming Maldives Residences. It is less than 2km away from Penang International Airport, about 5 minutes walking distance to SMJK Heng Ee (Bayan Baru branch).
This development will feature a 50-storey residential building offering 1,342 affordable units with a standard built-up size of 850 sq.ft. Indicative price starts from RM300,000 onwards
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Project Name : Havana Beach Residences
Location : Bayan Lepas
Property Type : Affordable housing
Tenure: Freehold
No. of Storey: 50
Built-up Size: 850 sq.ft.
Total Units : 1,342
Indicative Price : RM300,000 onwards
Developer : Ideal Property Group
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SITE PROGRESS
The Chief Minister of Penang Incorporated (CMI) has been given the mandate to spearhead the initiative of calling for a Request for Proposal (RFP) for the development of a site in Batu Ferringhi into a Coastal Resort and Spa.
Chief Minister Chow Kon Yeow said the 4.2-acre land, at PT 223, Section 2, Bandar Batu Ferringhi, had been vacant for years.
“It was an old relocation site for the Penang tsunami victims. There were temporary houses for the victims in the past. The site was under the purview of CMI.
“There was a Request for Proposal in the past but there was no suitable proposal at that time.”
The proposed site is located between the Moonlight Bay beach and Miami beach.
Chow said the project was proposed to be undertaken by a private entity (also known as a project sponsor) based on the BOT (design and build – operate – transfer) framework.
“The lease period is 30 years, thereafter, options will be given to renew another two 30-year periods, consecutively from the date when the offer is accepted.
“The project sponsor must provide convincing evidence that it has a strong financial backing with a minimum paid up capital of RM5 million and can successfully arrange financing for the project.
“The estimated cost of the project ranges between RM10 million and RM100 million, depending on the number of proposed rooms (up to 100 rooms) by the project sponsor.
Chow said that interested bidders could propose other amenities (not stated in the development programme listed in the RFP) that they deemed fit, subject to the appropriateness of the development.
“According to the development programme, the project sponsor is required to propose a five star or above hotel facilities with spa concept and to create a low density, niche and unique tourism product to position Penang as an attractive international tourist destination,” he told a press conference at Dewan Sri Pinang today.
CMI deputy general manager S. Bharathi said the proposed project would bring the state’s tourism to a greater height.
“Interested parties can buy the RFP documents and submit them to CMI. CMI will then conduct its assessment on the bidders before presenting the proposals to the state executive council,” she said.
An RFP has been called on Nov 1 this year. The closing date for the RFP is on Dec 31 this year. Bidders are requested to submit their proposals before noon on Dec 31.
The RFP can be downloaded from the Penang government portal at http://www.penang.gov.my/
The completed proposal should be sealed in an envelope. The title ‘Request for Proposal For The Development Of Coastal Resort and Spa, North East District, Penang, Malaysia’ must be clearly marked at the top right-hand corner of the parcel.
Bidders can submit their proposals to The Secretariat, Chief Minister of Penang Incorporated (CMI), Level 47, Komtar, 10503 Penang, Malaysia.
For further details, call 04-650 5711 / 04-650 5679.
On a separate note, Chow said that the state government had received a proposal from a private company to build a mixed development project on a 300-acre land; proposed to be reclaimed off the coast in Batu Ferringhi, near the Batu Ferringhi Army Camp.
“The private company has proposed to build a mixed development project, comprises hotels, commercial lots and service apartments.
“The Penang government has received various proposals throughout the year.
“As for this private company, it still has to undergo a long process to obtain the necessary approvals.
“The state can opt to call for an RFP despite it being proposed by a company,” he said.
Meanwhile, Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said that the private company had not submitted any master plan pertaining to the proposed mixed development project.
“It is still in its early ‘proposal stage’. The state government will view the 300-acre land reclamation proposal when the master plan is submitted,” Jagdeep answered a written question at the State Legislative Assembly.
Source: Buletin Mutiara
A newly proposed serviced residence development by VIP Service Suite Sdn. Bhd. in the heart of George Town. Located on a small piece of land along Western Road (Jalan Utama), adjacent to Penang Jail. It is just a mere minutes drive to Dato Keramat Market, about 3km away from KOMTAR.
This development will see the demolition of the two existing bungalow buildings for the construction of a 23-storey serviced residence. Featuring 89 residential units with facilities located at level 2 & 22.
The project is still pending for approval. More details will be available upon official launch.
Project Name : (to be confirmed)
Location : George Town, Penang
Property Type : Serviced residence
Built-up Size: (to be confirmed)
Total Unit: 89
Indicative Price : (to be confirmed)
Developer : VIP Service Suite Sdn. Bhd.
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Terraces Condominium, the latest residential development by IJM Land in Bukit Jambul, Penang. Strategically located on a 9.32 acres land next to INTI International College. It is just a mere minutes drive from Bukit Jambul Golf Course, about 7km to Penang Bridge.
This development comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. Indicative price starts from RM531,000 onwards.
More details to be available upon official launch.
Project Name : Terraces Condominium @ Bukit Jambul
Location : Bukit Jambul, Penang
Property Type: Condominium
Total Units: 410
Built-up Size: 925 sq.ft. & 950 sq.ft.
Indicative Price: RM531,000 onwards
Tenure: Leasehold
Developer: IJM Land
Expected Completion: 2024
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Location Map:
SITE PROGRESS
