In collaboration with GM Training Academy, we are co-organizing “Penang Property Convention” on 29 July 2017. Come and join us for this informative property investment event.

Whether you are seasoned property investor or first time home buyer, this event will give you a real insight into Penang property market trends and learn about buying property from Bank, Law and Tax perspectives.

Key highlights of the event:

• The present and future of Penang property market & development
• The 5 steps in property investment
• The BLT model in property investment
• Tips on property financing, law and tax
• Engaging forums with industry players

List of Speakers:

• Miichael Yeoh (CEO, GM Training Academy)
• Chris Tan (Lawyer/Founder, Chur Associates)
• Richard Oon (Chartered Accountant/MD, ConsulNet Tax Services SB.)
• Ken Lim (Founder, Penang Property Talk)
• KK Goh (Property investor)
• Elane Goh (Insurance expert)
• Kaygarn Tan (Property consultant, Freemind Works)

The event will be held on 29 July 2017 (Saturday) at Vistana Hotel
from 9:30 am to 5:30pm.

We are fully booked and the registration is closed now
See you on 29 July!

Organizer

Co-organizer

The objective of creating a smart and intelligent city is possible with the right vision and manpower to carry out the plans, said new Penang Island City Council (MBPP) mayor Datuk Maimunah Mohd Sharif.

“The focus is to increase the quality of services provided by the city council and the amenities for the people,” she said at a press conference after being sworn in as the second mayor of MBPP at City Hall yesterday.

Maimunah said the Penang island needs to be cleaner, greener, healthier and also a happier place for all to be in.

“I will strive for the vision of sustainable development goals which have been adopted globally,” she said.

Maimunah said she would be meeting the council’s department heads to get an update on the present situation.

“I would be able to tell you more after the meeting with the department heads,” she said.

Earlier in the morning, she took the oath of office before Chief Minister Lim Guan Eng and Local Government Committee chairman Chow Kon Yeow.

Maimunah started as the town and country planning officer at the then Penang Municipal Council from 1985 to 2003.

Later, she was the director of the Planning and Development Department from 2003 to 2009.

She was then the general manager of George Town World Heritage Incorporated until March 16, 2011, when she became the Seberang Prai Municipal Council president.

Maimunah is taking over from Datuk Patahiyah Ismail who served as the first mayor of MBPP since 2010.

Also present at the swearing-in ceremony were Deputy Chief Minister I Datuk Mohd Rashid Hasnon, Deputy Chief Minister II Dr P. Ramasamy, council secretary Yew Tung Seang, state assemblymen and councillors.

Source: TheStar.com.my

Approximate site location

Mah Sing Group Bhd (Mah Sing) has acquired two new pieces of prime lands in Batu 2.5 Cheras, Kuala Lumpur and Bukit Mertajam, Penang, for a total RM307.3mil.

It said the lands in Kuala Lumpur and Penang were for a proposed integrated development and a business park respectively with a combined GDV of RM2.35bil.

In Penang, Mah Sing added a new project into its stable with the acquisition of 10.89 acres of freehold land in Bukit Mertajam located along the south-western side of Jalan Permatang Tinggi.

The total purchase consideration amounted to RM43.8mil, including the costs for conversion premium, land clearance, earthworks and development planning for the land.

According to a valuation report by PPC International Penang SdnBhd, the market value of the land is RM45.31mil.

“Mah Sing plans to develop an industrial park using its award winning iParcconcept.

“The proposed development, with an estimated GDV of about RM150mil, will offer well-conceptualised multi-functional industrial spaces comprising a mix of shop offices and light industrial factories,” it said.

The proposed development is scheduled for a preview in Q3 2017.

Mah Sing pioneered its iParc series in 1994 and subsequent iParc projects adopted the 4-in-1 business concept where both front- and back-end operational processes are catered for.

Front-end operations like showrooms or corporate offices can be housed in the same space as back-end operations like warehousing and production.

Source: Bernama

Montage, yet another high-rise development by Prisma Bumiraya Sdn. Bhd. (Pearl Ocean) at Sungai Nibong, Penang. It is strategically located of Gerbank Bukit Kecil 2, adjacent to Kristal Court Townhouse and Kristal Villa. This is just a stone’s throw away from the company’s first condominium development in Sungai Nibong – Novus.

The proposed development comprises single block of 34-storey building, offering 282 condominium units with standard unit size of 1,015 sq.ft.

Project Name : Montage
Location : Sungai Nibong, Penang
Property Type : Condominium
Total Units: 282
Built-up Area: 1,015 sq.ft.
Indicative Price: (to be confirmed)
Developer :Prisma Bumiraya Sdn. Bhd. (Pearl Ocean)

Location Map:

A newly proposed mixed development by Mansion Properties Sdn. Bhd. (A subsidiary of MPSB Group) at Machang Bubuk, Bukit Mertajam. It is located near Jalan Machang Bubok 1, about 5 minutes walk to SK Machang Bubuk Li. It’s neighboring communities include Tropicale Residency, Hillpark Residence and Taman Machang Bubuk.

This development comprises 58 units of 3-storey terrace houses and 22 units of 2-storey shop offices.

The project is still pending for approval. More details to be available upon official launch.

Project Name : (to be cofirmed)
Location : Machang Bubuk, Bukit Mertajam
Property Type : Mixed development
Built-up Size: (to be confirmed)
Total Units: 58 (terrace), 22 (shop office)
Indicative Price: (to be confirmed)
Developer : Mansion Properties Sdn. Bhd. (MPSB Group)

Location Map: