Taman Keladi Indah, a landed residential development by Gandingan Semangat Sdn. Bhd. at Bertam. Located along Jalan Panglima 3, adjacent to Taman Bertam Perdana and SMK Bertam. This development is only about 4km to Setia Fontaines township by S P Setia, under 10 minutes drive from Bertam toll plaza.

This project comprises 57 units 2-storey terrace and 8 units 2-storey semi-detached houses. Indicative price for the terrace houses starts from RM410,000 onwards.

Project Name : Taman Keladi Indah
Location : Bertam, Penang
Property Type : 2-storey terrace and semi-detached
Land Area: (to be confirmed)
Built-up Area: (to be confirmed)
Total Units: 57 (terrace), 8 (semi-d)
Tenure : Freehold
Indicative Price: RM410,000 (terrace), RM568,000 (semi-d)
Developer : Gandingan Semangat Sdn. Bhd.

Location Map:

Picture for illustration only

Proposed landed residential development by Kayangstar Property Sdn. Bhd. in Batu Maung, Penang. Located along Jalan Batu Maung, accessible via Lorong Batu Nilam 1. It is adjacent to Sunway Mutiara housing scheme by Sunway Property Group, approximately  2km away from Penang Second Bridge.

This development comprises a total of 28 units 3-storey semi-detached and terrace houses. It was formerly owned by Seal Properties Sdn. Bhd. (known as Sapphire @ Batu Maung), been sold to Kayanstar Property Sdn. Bhd. in 2017.

More details to be available upon official launch.

Project Name : (to be confirmed)
Location : Batu Maung, Penang
Property Type : 3-Storey Semi-Detached & Terrace
Land Area: (to be confirmed)
Built-up Area: (to be confirmed)
Total Units: 14 (semi-d), 14 (terrace)
Tenure : Freehold
Indicative Price: (to be confirmed)
Developer : Kayangstar Property Sdn. Bhd.

Location Map:

A subsidiary of Tambun Indah Land Bhd is acquiring 27 parcels of freehold land in Penang for RM131mil in cash.

The group, in a filing with the stock exchange, said it has proposed to provide up to RM3.45mil in shareholders’ advances to its 70%-owned subsidiary, Mustiara Sdn Bhd, to fund the acceptance deposit and other costs of the acquisition.

The parcels of freehold land Mustiara plans to acquire from TPPT Sdn Bhd measure in aggregate about 209.54 acres, and are located in the district of Seberang Perai Selatan.

The group said Mustiara had, yesterday, paid the acceptance deposit of RM2.62mil, and the acquisition would be subject to a formal sale and purchase agreement to be entered into between the companies.

Tambun Indah said it anticipates extending financial assistance totalling RM3.45mil to Mustiara in shareholders’ advances, when necessary, with the advances subject to an interest rate of 5.12% per annum, calculated on a monthly basis.

Source: TheStar.com.my

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The Penang state government has yet to obtain approval for the construction of the light rail transit (LRT) and Pan Island Link 1 (PIL 1) project, chief minister Chow Kon Yeow said today.

He was responding to a news report by The Star, which had quoted unnamed sources claiming that both projects were set to begin construction in June 2020.

“The report is unsubstantiated as the Penang State Government has yet to obtain the approvals.

“Given such circumstances, we would want The Star to do the needful and take the necessary steps to rectify the mentioned report in order to spare the stakeholders of any further confusion,” he said in a statement here.

Chow, however, said the state government was currently at various stages of submission for approval its dealing with the federal government for both projects.

“We are confident of obtaining the sanctions in due course,” he said.

According to the news report, the LRT line comprised a monorail link, cable cars and water taxis to solve traffic congestion.

It begins from Komtar in the north-east region before ending at island B, one of the three man-made islands proposed under the Penang South Reclamation Scheme (PSR).

Meanwhile PIL 1 is a 19.5km highway project connecting Gurney Drive to the Penang International Airport.

Both projects are components of the RM46 billion Penang Transport Master Plan (PTMP) and are expected to be funded by the sale of the islands.

The LRT and PIL 1 projects have in the past been met with severe opposition from NGOs such as Penang Forum and Penang Citizen Awareness Chant Group.

Source: MalayMail.com