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AFFORDABLE: Kepala Batas / PTL Properties Sdn. Bhd.

Kepala Batas/ 12 March 2019 No comments

proposed-tasek-gelugor-ptl-properties

A newly proposed affordable housing development by PTL Properties Sdn. Bhd. at Kepala Batas. Located along Jalan Desa Sena, adjacent to Taman Desa Sena.  It is less than 15 minutes drive from North-south Expressway Bertam interchange, about 10km away from Setia Fontaines township development by SP Setia.

This will be a gated affordable housing scheme, offering 338 units of 2-storey townhouses. It is still pending for approval, more details to be available upon official launch.

READ MORE ABOUT AFFORDABLE HOUSING:

Project Name : (to be confirmed)
Location : Kepala Batas
Property Type : Affordable housing (townhouse)
Tenure: (to be confirmed)
Total Units : 338
Indicative Price : RM250,000
Developer : PTL Properties Sdn. Bdh.

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.

Location Map:

 

Penang’s Sia Boey to be transformed into an urban park

Property News/ 11 March 2019 15 comments
sia-boey-new

Artist Impression (Source: MalayMail.com)

Penang residents will get to enjoy a 2.62-acre worth of public green space in the middle of the city in six months.

“We don’t have a proper park in George Town and this space is perfect for a park, for people to rest, go for walks and enjoy the greenery,” BYG Architecture Sdn Bhd director Michael Ong told the news portal.

BYG Architecture is Sia Boey Urban Park’s lead project consultant. It will create the park and restore the 22 pre-independence shophouses on the site.

“Our concept is to make sure it is a recreational park for the community, with a playground for children, and it will make the city a liveable city,” he added.

Ong explained that the heritage buildings will be restored and “most of the large ficus trees that have grown among the buildings” will be maintained.

“We want to keep as many of the trees as possible to go with the whole park concept so we will strengthen the walls of the buildings when restoring them,” he said.

Meanwhile, the famous “archaeological findings” — a police barracks and a basin with canal lock — on the site will be included in the urban park.

Ong told Malay Mail that “the base structure for the police barracks, dating back to the Straits Settlement era, will be left open to the public”.
But parts of the basin with canal lock will be covered up.

Sia Boey is still closed to the public and will only be open after the area is restored.

So, if you are in Penang in about six months, do give Penang’s historic new urban park a visit!

Source: EdgeProp.my

 

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Mutiara Finance Centre

mutiara-finance-centre-main

Artist impression of Penang World City

*PROJECT CANCELLED*

Mutiara Finance Centre, a newly proposed commercial development by Tropicana Ivory Sdn. Bhd. at Bayan Mutiara. Strategically located along Persiaran Bayan Indah, within the vicinity of Penang World City master-planned development. It is just a mere minutes drive away from Queensbay Mall.

This development comprises a 37-storey commercial building, featuring 1,536 serviced residence units in 4 towers. There will also be 126 commercial lots at the lower level of the building.

The project is still pending for approvals, few more phases to follow. More details to be available upon official launch.

(We have yet to confirm if this is a new name for Penang World City)

Project Name: Mutiara Finance Centre
Location : Bayan Mutiara, Penang
Property Type : Commercial
Land Tenure : (to be confirmed)
Total Units: 1,536 (residential), 126 (commercial)
Built-up Area : (to be confirmed)
Indicative Price: (to be confirmed)
Developer : Tropicana Ivory 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.

Location Map (approximate):

 

Viluxe Exclusive Registration

Property News/ 7 March 2019 No comments

The first and only FREEHOLD 2-Storey Premium Terrace in Batu Kawan, near to IKEA Batu Kawan and fronting the 25-acre Central Island Park. LIMITED UNITS with price starting from RM750,000 Only!

Viluxe Exclusive Registration on 9th March 2019, 11am to 7pm at Aspen Vision City Sales Gallery, Batu Kawan, Penang.

Find out more and be part of Aspen Vision City’s exclusive affluent community.

Register-Now

or call +6017-5500645 /+6017-5500433

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Latest about Penang Airport and pending approvals for PSR and PTMP

Property News/ 7 March 2019 6 comments

psr-ptmp-update

Building an airport on one of Penang’s three man-made islands off the southern coast of the state will keep the airport within the state, Chow Kon Yeow said.

The Penang chief minister said the administration wanted to keep the airport on the island instead of moving it elsewhere.

“It is needed in Seberang Perai or elsewhere, it is a fact we have to accept since we do not have any more lands in Penang island which is why we came up with proposal to build it on one of the reclaimed islands,” he said in a press conference today after attending the launch of a gender equality policy programme.

He said the current Penang International Airport (PIA) has constraints when it comes to expansion plans for it.

“The terminal capacity can be expanded to cater to 16 million passengers, even up to 20 million passengers but can the runway cope with this load?” he asked.

He said it was impossible to expand the runway as there were not enough lands at the existing airport unless they relocate factories nearby.

“That is why in the long run, we are looking at a new airport on one of the PSR islands,” he said, referring to the Penang South Reclamation (PSR) project.

The PSR was to create three man-made islands off Permatang Damar Laut on the southern coast of the main island.

It is the funding module for the state’s proposed RM46 billion Penang Transport Master Plan (PTMP).

Chow said the state has already engaged with consultants to draw up terms of reference and scope of studies for the proposed new airport.

“First, we are conducting a study on whether there is a need for the airport, we are talking about 30 years from now,” he said.

As for Kedah’s proposed Kulim airport, Chow said the Kedah Mentri Besar has mentioned that it will be a cargo airport.

He said a lot of studies will still need to be done on whether there is a need for a cargo airport in Kulim.

“I will leave it to them to conduct the studies so it is still very early to be talking about the airport,” he said.

When asked about the pending approvals for PSR and PTMP, Chow said he had brought both projects up in Putrajaya when he was there for meetings last week and early this week.

“With regards to the LRT, the person from APAD wanted us to get the PSR presented to the National Physical Planning Council and also to submit the EIA report,” he said.

APAD is the Land Public Transport Commission.

Chow said the state had already submitted the environmental impact assessment (EIA) but they had to improve on it based on feedback from various committees.

“So APAD said if we can finalise it, the LRT approval will be forthcoming,” he said.

The light rail transit (LRT) line, connecting Bayan Lepas to George Town, is one of the projects proposed under the PTMP including the controversial Pan Island Link 1(PIL1).

Chow said he had asked the transport ministry to give the state conditional approval for the LRT project so that the state can start working on complying with other requirements.

“Or we can get our PSR approved first. In the earlier days, we were told to get our LRT scheme approved first but at this rate, nothing will move,” he said.

The Penang state government is hoping to get the LRT conditional approval once it tables its presentation on the PTMP and PSR to the National Physical Planning Council in April.

Source: MalayMail.com

 

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