An affordable housing scheme by Penang State Government at Jalan Mak Mandin, Butterworth. This project is undertaken by Silver Channel Sdn. Bhd., comprising 4 blocks of 14-storey towers with 780 apartment units. Each unit has a standard built-up size of 1,002 sq.ft with 3 bedroom and 2 bathroom.
The Park @ Mak Mandin has recorded a 98% take up rate and with limited units left. CCC is expected by early 2020.
Sunway Cassia, a tranquil neighbourhood tucked away in Batu Maung, Penang, is a green enclave designed to offer residents a holistic lifestyle.
The exclusive 48 semi-detached units are ready with Certificate of Compliance and Completion. There are also limited units of three-storey terraces that are ready for immediate occupancy.
Applicable to all Malaysians, the Home Ownership Campaign from now till Dec 31, offers buyers a host of subsidies.
The benefits include stamp duty exemption on the instrument of transfer for residential units priced between RM300,000 and RM1mil, and loan documents for properties priced up to RM2.5mil.
Built to be one with the environment, the homes at Sunway Cassia are designed to welcome nature indoors while meeting the expectation for chic comfort.
The semi-detached units feature generous built-ups of 296.9sq m (3,196sq ft) and 350.2sq m (3,770sq ft), 3.6m (12ft)-high ceiling at the living and dining areas, as well as wide window openings for natural lighting and better ventilation.
Each unit is installed with individual home alarm system and panic button for enhanced security, and solar water heaters in all the bathrooms and kitchen.
Another added feature of this freehold development by Sunway Property is the column-free car porch. Selected units can accommodate up to nine cars.
Besides the campaign, buyers can also opt for a comprehensive renovation package that includes furniture, fittings and electrical appliances for a hassle-free moving in experience.
With living spaces of 312sq m (3,359sq ft) to 379.3sq m (4,083sq ft), the terrace homes’ open concept layout provides an excellent flow from room to room while maximising space.
Every unit has two master suites with dedicated walk-in wardrobes and balconies. Solar water heater and home alarm system are also ready to meet your daily needs.
The last four units of the terraces come under the Maybank HouzKEY rent-to-own scheme that enables buyers to lock-in the current price with monthly rental from as low as RM3,000.
They also get to enjoy 0% downpayment and 100% financing from Maybank as well as the option to buy the property within five years for maximum flexibility.
The show house and actual units for both the semi-detached and terrace are open for viewing from 10am to 5.30pm daily.
Accessible via the newly upgraded Jalan Permatang Damar Laut, which is part of the Pan-Island Link highway initiated by the state government, Sunway Cassia is well connected to an abundance of amenities and infrastructures.
A short drive away are the second Penang bridge, Penang International Airport, Bayan Lepas Free Industrial Zone and the three proposed man-made islands under the Penang South Reclamation Scheme.
For more enquiries, do visit the developer at Booth B5 at StarProperty.my Fair 2019 at Queensbay Mall in Bayan Lepas from Oct 17 to 20.
The fair is open from 10.30am to 10.30pm daily over the four days. Admission is free.
Alternatively, call Hanny (019-4480081), Koay (012-4333636) or Chew (011-51573139).
In the twinkling of an eye, SP Setia the leading property developer in Malaysia, has once again set to make another success story in the vibrant vicinity of Bertam with its latest edition of Setia Fontaines. Setia Fontaines township is crafted to fulfil various stages of living. Whether you are looking for your first home, or looking to start your family or as a retirement home, there’s something for everybody in Setia Fontaines.
Setia Fontaines is now showcasing its finely curated landscape design at Queensbay Mall between 2 – 6 October 2019. Witness yourself and be mesmerised with the impressive view of the massive extraordinary landscape featuring Sea of Flowers, KingFisher Bridge and some new concepts of landscaping for the Central Park.
Setia Fontaines, the first ever township in Malaysia is set to offer a 63 acres’ man-made lake with 100m width musical fountain, capable of reaching a height of 60m up-to-the-air. Be ready to be spoilt with the water taxi services available at the lake. Be pampered with the breath-taking view of the lake as you enjoy an Al-fresco dining strip. Be prepared to relax at the huge open space overlooking the water fountain as you have your evening stroll with your friends and families.
Setia Fontaines, with endless nature mindset offers a magnificent 37 acres’ Central Park that promises none other than a healthy yet environmental friendly atmosphere. Bewitched with the various types of greeneries and featured fountains operated on solar power. The Central Park is complemented with a stunning water fountain which filters all sediments from the lake, various disabled friendly facilities and a spectacular 2km jogging path.
In the heart of Setia Fontaines, be dumbfounded with the Setia International Waterfront Centre, whereby ample amenities are available such as Hotels, Medical Centre, Office Buildings, Shopping Malls, International School, Convention Centres, to name a few.
Setia Fontaines is marked to be the next most-searched-for development in Malaysia.
DISCOVERY OF PENANG’S NEW ISLAND
Queensbay Mall, Centre Atrium,(Ground Floor) 2 – 6 October 2019 (Wednesday – Saturday), 10:30am – 10:30pm
NusaCinta @ Setia Fontaines – Launching Soon
NusaCinta is the very First Island Collection of Setia Fontaines. It is also the first freehold Gated and Guarded development in Setia Fontaines. NusaCinta, occupying a total land area of approximately 69 acres, encompasses 489 units of residential homes that comprises both single & double storey Terrace, Link Semi-D, Semi D and Bungalows.
NusaCinta is meticulously designed with the island concept, along with splendid waterway elements and impressive landscapes. Featuring more than 15 facilities, this second phase of residential development of Setia Fontaines has 18% of development dedicated for greenery open space.
Amansara South @ Setia Fontaines – 80% Sold
Amansara South, the first phase of residential development in Setia Fontaines, comprises 394 units of both single and double storey terrace homes. It is one of the most affordably priced landed housing schemes in Seberang Perai with spacious land area of 22ft x 70ft, and a minimum built-up area of 1,336 sq.ft. for the single storey terrace ; and 1,835 sq.ft. for the double storey terrace.
With a starting price of only RM320,000 onwards, Amansara South has received a very good response and achieved a take-up rate of more than 80% since its soft launch in August.
Visit Setia Fontaines Roadshow at Queensbay Mall today to find out more and own a unit of the landed house with only 1% deposit!
The Penang government has given conceptual approval to Tenaga Nasional Berhad (TNB) on its plan to build pylons next to Penang Bridge.
Chief Minister Chow Kon Yeow said the plan was to cater to the power supply demands of the state.
“We are currently discussing with TNB after giving the conceptual approval,” he said at a press conference in Komtar today.
Chow, however, said TNB would have to obtain the planning approval from the two local councils – Penang Island City Council and Seberang Perai City Council.
Chow was asked by a reporter for his response following a report in a Chinese daily which stated that pylons as high as 100 metres would be built on the bridge.
On the Budget 2020 wish list for state government, Chow said he hoped that the state’s request for basic infrastructure, airport expansion and flood mitigation project would be taken into account.
The budget is scheduled to be tabled by Finance Minister Lim Guan Eng in Parliament on Oct 11.
Penang Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo hopes a certain percentage from the upcoming Budget 2020 will be allocated for public amenities, particularly affordable housing.
He said that one of the state government’s main targets was to achieve 180,000 units of affordable housing in Penang, but none of the 102,335 existing units and ongoing projects were built by the Federal government.
He also expressed his disappointment that the Federal Government proposed to scrap the affordable housing development projects such as the 1Malaysia People’s Housing Programme (PR1MA), the National Housing Company (SPNB) and the 1Malaysia Civil Servant Housing Scheme (PPA1M), as it was deemed not cost-effective.
“Unless the Federal Government can agree to either build more affordable houses in Penang or to set aside some percentage of our taxpayer’s money for affordable housing,” he said in his speech during a workshop on affordable housing here today.
He also hoped that the Housing and Local Government Minister Zuraida Kamaruddin would uphold the responsibility of delivering affordable housing to not only Penang, but to all states in Malaysia.
Meanwhile, Jagdeep also hoped that the high rate of loan rejection could be reduced, especially among buyers purchasing low cost (LC) and low-medium cost (LMC) units as their first home.
He said that commercial banks have categorised these first time home-buyers as “high risk” due to their low income.
“It is a catch-22 situation, because we have set the guidelines that people with low incomes are allowed to purchase LC or LMC units,” he said in a press conference, adding that seven out of 10 loans were rejected.
He added that an official letter from the state Chief Minister Chow Kon Yeow regarding the 2020 Budget wish list had been sent to Putrajaya.
The budget would be tabled by Finance Minister Lim Guan Eng on Oct 11.
Penang Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo hopes a certain percentage from the upcoming Budget 2020 will be allocated for public amenities, particularly affordable housing.
