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K Park

K-Park

K Park, an affordable housing development by Ideal Homes Properties Sdn. Bhd. at Balik Pulau, Penang. It is located near the west coast of Penang Island, adjacent to Prestige III housing scheme by PLB Homes. Driving to Balik Pulau town centre will take approximately 10 minutes, under 35 minutes to Bayan Lepas Free Trade Zone during off peak hours.

This development comprises four low-cost apartment blocks, offering a total of 1,175 residential units with a standard built-up size of 650 sq.ft. Half of the low-cost units will be sold via RTO (Rent-to-own) scheme, which will be supervised by Penang state Housing Department.

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Project Name: K Park
Location: Balik Pulau
Property Type: Affordable Housing (low cost)
Built-up Size: 650 sq.ft.
Total Units: 1,175
Indicative Price: RM42,000
Developer: Ideal Homes Properties Sdn. Bhd.
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One City Residences

Juru/ 10 June 2019 20 comments /中文版

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One City Residences, an upcoming residential development by Paramount Garden Sdn. Bhd. at Bukit Minyak. Located off Jalan off Jalan Pinang, adjacent to 1 City Shop Offices by the same company. It is just a stone’s throw away from Bukit Minyak Industrial Park, about 5km away from North-South Expressway – Auto City interchange.

This development will see the construction of a 26-storey condominium, featuring 148 residential units with 5-level multi-storey car park.

More details to be available upon official launch.

Project Name : One City Residences
Location :
 Juru
Property Type : Condominium
Total Units: 148
Built-up Size: 950 sq.ft. & 1,050 sq.ft.
Indicative Price: (to be confirmed)
Developer : Paramount Garden Sdn. Bhd.

Register your interest here

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.

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Penang govt denies second airport proposal

Property News/ 10 June 2019 6 comments

penang-airport

Chow said that as of now, the state government is proceeding with a plan to commission a study on the future needs of the existing Penang International Airport (PEN) and its surroundings.

Nevertheless, he said that the state government is open to proposals for a second airport in the state – provided that it does not jeopardise the role and function of PEN and any future development in the area.

“The economy of Penang and its people must benefit from any such proposal,” he added.

According to the English daily, a private company has proposed plans for a new Penang airport to the federal government; while another corporation is poised to do the same.

The former, which is planning to undertake construction of the proposed North Malaysia International Airport (NMIA), plans to build the proposed airport near the border shared by Kedah, Penang and Perak, which is currently a vast track of paddy fields.

The second proposal, the Northern Region International Airport (NORIA), will be proposed to the federal government soon.

Transport Ministry refutes claim

The Transport Ministry, meanwhile, has dismissed the report, saying that no such proposal has been submitted to the government.

“I have no idea where this information came from. There is no such proposal.

“There is only one airport in Penang, the Penang International Airport, which we will be expanding,” Transport Minister Anthony Loke told the New Straits Times, today.

The KXP factor

The report on the proposed second Penang airport comes after Kedah recently announced that it will build the RM1.6 billion Kulim International Airport (KXP) via a private financing initiative.

KXP is one of seven mega projects worth RM3 billion recently announced for Kedah.

But Chow has repeatedly raised reservations on the construction of KXP, stressing that it would have a negative impact on PEN.

The Chief Minister also said that Penang will conduct a feasibility study of KXP to assess its long-term effect on the state’s economy.

Source: NST Online

 

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UPCOMING: Batu Kawan / Paramount Property Sdn. Bhd.

Batu Kawan/ 7 June 2019 No comments

UBK-Masterplan-j

Yet another proposed serviced residence by Paramount Property Sdn. Bhd. at Batu Kawan. It is the third phase of Utropolis master-planned development located between Design Village outlet mall and Aspen Vision City by Aspen Group. Walking distance to KDU University College, which is opening in 2020.

This development comprises a mix of 2-storey shop offices and two blocks serviced residence:

  • 2-storey shop offices (16 units)
  • Serviced residence – Block A (36-storey, 499 units)
  • Serviced residence – Block B (35-storey, 483 units)

Project Name : (to be confirmed)
Location: Batu Kawan, Penang
Land Tenure: (to be confirmed)
Property Type : Serviced residence
Built-up Area : (to be confirmed)
Total Units: 982 (serviced residence), 16 (shop office)
Indicative Price: (to be confirmed)
Developer : Paramount Property

Register your interest now to find out more

*By submitting this Form, you hereby agree to our PDPA Consent Clause.
(This information may be used by the developer or their appointed agent to initiate follow-up communications with you on the project.)

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Penang among best places in Asia to visit

penang-2nd-bridge

CNN International’s new travel website (CNN Travel), has named Penang as one of 17 Asia’s best destinations to consider for the next adventure.

The article, published yesterday, singled out Penang as a mecca for food and architecture lovers. it was written by Kate Springer, a Hong Kong-based freelance writer and editor, with focus on travel, dining, culture and environmental reporting.

Her work has been published by CNN, Conde Nast Traveler, National Geographic, Vogue, Munchies, BBC Travel, Fodor’s, Time, HK Magazine, Sotheby’s, Tatler, Home Journal, Time Out Hong Kong, Revolution Magazine, Liv Magazine, Expat Parent Magazine, Horizon Magazine, Where, The List, Post Magazine, Superfuture, Fast Media and WBEZ (Chicago Public Media).

On Penang, Springer said: “Located off the western coast of Malaysia, the island of Penang is a mecca for food and architecture lovers.

“George Town, the island’s main city, makes for an ideal home base, thanks to a dynamic cityscape that’s punctuated by British colonial architecture, Buddhist temples and ornate Chinese manor houses.

“This seaside city is known as one of the world’s top food destinations, serving up a delicious mix of Malay, Chinese and Indian cuisine.

“You’ll crave dishes like Hokkien mee (fried prawn noodles), roti canai (an Indian-influenced flat bread dish with dal or curry) and Penang laksa for years after visiting.”

Besides Penang, also named were Bhutan, El Nido in the Philippines, Bali in Indonesia, Seoul in South Korea, Rajasthan in India, Siem Reap in Cambodia, Hong Kong, Hanoi and Phu Quoc in Vietnam, The Great Wall and Xi’an in China, Chiang Rai in Thailand, Luang Prabang in Laos, Kathmandu in Nepal, Yogyakarta in Indonesia, Kyoto in Japan, Sri Lanka and Maldives.

Chief Minister Chow Kon Yeow has since taken to his official Facebook page to urge visitors to visit Penang for an unforgettable experience.

“It is a great honour for Penang. We need to ensure that we do not rest on our laurels.

“The state Tourism Committee chairman (Yeoh Soon Hin) is working very hard to transform this important economic sector so that we continue to be a destination of choice and provide job opportunities for our people,” Chow said in an immediate WhatsApp response to the New Straits Times.

On July 13 last year, Bangkok-based CNN Travel senior producer Karla Cripps, in her article “George Town, Penang: Asia’s greatest street food city?” wrote at length on Penang’s street food culture and the state as an eater’s paradise.

Source: NST Online
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