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AFFORDABLE: Bukit Mertajam / PTL Properties Sdn. Bhd.

Property News/ 5 June 2018 3 comments

proposed-development-by-ptl-properties

A proposed affordable housing by PTL Properties Sdn. Bhd. near Jalan Betek in Bukit Mertajam. This project was initially proposed by BM Bina Sdn. Bhd. in 2016. It will be the second affordable housing proposed within vicinity of Jalan Betek,   less than 500 meters away from the first affordable project – Villa Acres Residence.

Strategically located next to Taman Sungai Rambai, just a stone’s throw away from SJK(C) Keow Kuang Primary School. It is easily accessible via the ever bustling Jalan Song Ban Kheng. Amenities such as schools, market, banks, shopping malls and eateries are only a few minutes drive away.

This development will see the construction of a 23-storey high-rise building with 186 affordable units and swimming pool. Affordable housing project in the mainland is expected to be priced below RM250,000.

This is still pending for approval. Details to be available upon project launch.

READ MORE ABOUT AFFORDABLE HOUSING:

Project Name: (to be confirmed)
Location : Bukit Mertajam
Property Type : Affordable Housing
Total Units: 186
Indicative Price: RM250,000 and below
Developer : PTL Properties Sdn. Bhd.

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(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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Housing Ministry to look for ways to solve loan issues faced by first-time house buyers

Property News/ 5 June 2018 No comments

affordable-loan

The Housing and Local Government Ministry will meet the Finance Ministry and Bank Negara Malaysia (BNM) to discuss difficulties faced by first-time house buyers to get loans.

Its minister Zuraida Kamaruddin said the ministry will find the best mechanism to ensure related issues can be resolved, especially involving applications for the purchase of affordable houses.

“I am now coordinating credit rating issue for low-cost houses and after that we will meet the Finance Ministry and BNM, most likely after Hari Raya Aidilfitri.

“The common issue faced by (first-time) housing loan applicants is banks look at the salary first and it may show they are not qualified (to get loans). But many Malaysians, especially the low income group, have side income and their spouses are also income earners.

“The side income is not taken into consideration for loan application. If that is the issue, we will find how we can include it,” she told reporters after meeting Penang State Housing and Town and Country Planning committee chairman Jagdeep Singh Deo today.

Zuraida said she will table a cabinet paper on the coordination of housing projects under the ministry, latest by next month.

“We have 10 housing projects under various agencies and we will coordinate all of them under this ministry,” she said.

She also said projects that used the term 1Malaysia will be rebranded and the ministry will find a suitable name to replace it based on the Cabinet’s approval.

In regards to foreigners staying at low and medium cost houses, Zuraida said the ministry will study it from the legal perspective including the sales and purchase agreement terms and conditions, which likely can be settled as soon as possible.

Source: New Straits Times

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Exclusive Update: Eco Meadows (June 2018)

Eco Meadows, yet another distinguished development by Eco World, has lived up to the name of being the most exclusive gated & guarded development in Simpang Ampat. It comprises 375 units of double storey terraced houses, designed with elegance English-styled homes and surrounded by lush greenery.

Featuring a compressive masterplan, Eco Meadows is equipped with the Majestic Meadows Townhall which is an 8,000 sq ft clubhouse, a stunning swimming pool, an indoor gymnasium, a dazzling half-basketball court, a lively maze garden, a dynamic eye-catching chess court, an ideal outdoor childrens’ playground and a landscape full of manicured lawns.

The main highlight of Eco Meadows is the stylish floating gazebo which promises a peaceful view of nature with calm lake waters. Inspired by the English royal houses, the strata-titled development has a surrounding focused on natural nobility, assures a distinct luxurious yet comfortable lifestyle.

A multi-tier 24 hours security system, a real exclusive township set in an environment which enfolds the utmost safety.

Eco Meadows is really a brand new masterpiece in Simpang Ampat.

* Exclusive update by Penang Property Talk *

Register your interest here

*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.)

Find out more about Eco Meadows by EcoWorld

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Maya Residence

Bukit Mertajam/ 2 June 2018 5 comments

maya-residence-main

Yet another upcoming serviced residence development at Bukit Mertajam. To be development by Maya Inti Sdn. Bhd., strategically located off Jalan Song Ban Kheng, adjacent to Casa Residence development scheme by Jayamas Property Group. It’s about 10 minutes drive from Penang bridge, just a stone’s throw away from Maju Jaya commercial district.

This development comprises a 20-storey serviced apartment, featuring 213 units of residential suites with unit size ranging from 761 sq.ft. to 1,182 sq.ft.

Property Project : Maya Residence
Location : Jalan Song Ban Kheng, Bukit Mertajam
Property Type : Serviced apartment
Built-up Area: 761 sq.ft. – 1,182 sq.ft.
Total Units : 213
Land Tenure: Freehold
Indicative Price: (to be confirmed)
Developer: Maya Inti 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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Yearning for green spaces and lasting homes

Property News/ 1 June 2018 No comments

MYHOME-amenitiesThere seems to be a growing environmental awareness among Malaysians, if the Lafarge-EdgeProp MYHOME survey findings are of any indication.

Findings from the six-week-long survey show that while the top two considerations when buying a home are convenient location (74.1%) and security (71.8%), having natural green spaces garners 51.4% to be rated as the third top priority for Malaysian homebuyers. The demand for green spaces is ahead of other factors such as built quality (42.2%), returns on investment (21.9%), easy ownership scheme (19.1%), developer reputation (12%) and prestigious address (7.5%).

Organised by Lafarge Malaysia and EdgeProp.my, the MYHOME survey received close to 14,000 respondents. It sought to find out what the ideal home of the majority of Malaysians looks like, as it will form the basis for the design of homes to be built by the country’s top property developer S P Setia Bhd.

Public parks and green spaces are also among the most important amenities that Malaysians want near their ideal home (50.4%), almost on par with other amenities such as public transportation including the mass rapid transit and light rail transit lines (56.5%), schools (55%), and restaurants and cafes (53.8%).

When asked to pick their favourite optional spaces in their ideal home, the respondents’ top two choices are balcony and garden — again reflecting their love for the outdoors and nature.

Notably, most of the respondents are not just hoping for more greenery but also want to live in homes that offer good ventilation (65.6%) and ample natural lighting (40.7%), two hallmarks of a sustainable development.

Green lungs, lush landscaping and open spaces are aspects that may have been less prominent in urban developments due to land scarcity and high land cost. However, it is clear that urbanites are yearning to live amidst nature.

“Landscape plays an invaluable role towards sustainable development. People are concerned about their living and environment quality.

“Landscape provides recreational opportunities and enjoyment, and also encourages healthy lifestyles for its users. Thus, landscape is now considered a base for well-being and inspires living with sustainable values,” says Institute of Landscape Malaysia president Assoc Prof Osman Tahir.

Osman also notes that landscape and greenery also contribute to the social, cultural and psychological aspects of human lives, which are crucial for the liveability of our modern lifestyle and living environment.

“It provides an escape from the physical and emotional pressures of daily life,” Osman adds, emphasising that without landscape and green infrastructure, a space will be considered dead and without any soul or spirit.

A home for all ages

The survey results also show that most households comprise around three to five persons (63.6%), with the majority stating that they range from as young as 19 to as old as 60 years of age (86.1%).

MYHOME-ageMYHOME-how-many

S P Setia executive director Datuk Tan Hon Lim notes that a teenager’s needs will differ from his parents and even more from his grandparents. “A home must have a certain ‘flexibility’ to cater for the needs of three generations. A good example is our Starter Homes series in Setia Alam, where each unit has an 8ft backyard that is renovation-ready. While the space can be used as a drying area, it can also easily accommodate an extension as the foundation and slabs have already been laid in, should the residents need more space when the family grows bigger.

“Some of our other projects in the Klang Valley and Johor have an open-plan concept, whereby the ground floor can accommodate a room for aged residents and equipped with an en-suite bathroom. Should the family decide that this is not needed, they can tear down the walls to make their living area more spacious.”

Source: EdgeProp.my

 

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