BLT Collection, an upcoming commercial development by Alpha Surfers Sdn. Bhd. at Bukit Mertajam. It is strategically located along Jalan Permatang Batu, next to less than 500 meters away from Bukit Tengah roundabout. This development comprises 6 units of 4-storey semi-detached  and a 2-storey detached shop offices.

Project Name : BLT Collection
Location : Bukit Mertajam
Property Type : Commercial
Tenure: Freehold
Built-up Size: 6,630 sq.ft. & 9,117 sq.ft.
Land Area: 3,046 sq.ft. – 24,865 sq.ft.
Total Units:: 6 (semi-d), 1 (detached)
Indicative Price: RM3,388,000.00 onwards
Developer : Alpha Surfers Sdn. Bhd. (DSG)

Location Map:

Penang government yesterday announced that a sum of RM17 billion from an estimated total cost of RM46 billion for the Penang Transport Master Plan (PTMP) project has been approved.

State Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said the RM17 billion cost included the Bayan Lepas Light Rail Transit (LRT) from Komtar and the Pan Island Link 1.

He also reiterated that the total cost of PTMP as proposed by its project delivery partner, SRS Consortium, was RM46 billion for the railway and highway which also included three major roads and an undersea tunnel project by Consortium Zenith Construction Sdn Bhd (CSZ).

He said based on the engineering consultant Halcrow’s study in 2011, the report only covered the conceptual studies, at an estimated cost of RM27 billion. There were no detailed studies undertaken.

“The state government had appointed SRS Consortium to implement the PTMP, and the consortium had proposed a cost of RM46 billion after they conducted feasibility study and preliminary engineering design,” he said.

He added that the cost has remained the same so far.

It was reported earlier this month that the Barisan Nasional strategic communications team had questioned the Penang government over the alleged increase of the PTMP cost from RM27 billion to RM46 billion, an increase of RM19 billion.

“What is approved for Phase 1 is less than RM27 billion. What have been approved and will be given the green light to start are the Bayan Lepas Light Rail Transit (LRT) and the Pan Island Link 1 projects, which are just about RM17 billion,” he told reporters here today.

He explained that the Environmental Impact Assessment (EIA) report for the Bayan Lepas LRT project had been submitted to the Department of Environment in May and is currently waiting for the Land Public Transport Commission’s (SPAD) conditional approval for public inspection.

As for the EIA report on the Pan Island Link, it is expected to be submitted by the end of July.

Chow hoped that SPAD which is currently working on the Northern Region Transport Master Plan, would provide the conditional approval for public inspection for the Bayan Lepas LRT project soon.

Source: Bernama

Yet another proposed commercial development by OSK Property at Harbour Place Metrocity in Butterworth, Penang. It is located next to the ongoing Luminari serviced suites, only a mere minutes drive away from the upcoming Penang Sentral.

This development will see a mix of 30-storey serviced apartment, offering 568 residential units and 40 units of 4-storey shop offices.

Project Name : (to be confirmed)
Location : Harbour Place, Butterworth
Property Type : Commercial
Tenure: Freehold
Built-up Size: (to be confirmed)
Land Area: (to be confirmed)
Total Units:: 568 (serviced apartment), 40 (shop office)
Indicative Price: (to be confirmed)
Developer : PJD Eastern Land Sdn. Bdh. (OSK Property)

Location Map:

Another newly proposed residential development by Senrita Development Sdn. Bhd. at George Town, Penang. Strategically located on a half acre land along Jalan Cheah Choo Yew, easily accessible via Jalan Patani. It’s only 10 walk form Penang Times Square, about 2km drive to KOMTAR.

This development will see the construction of a 27-storey condominium, offering 44 units of residence with 7 levels of multi-storey car park.

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

*Last Update: Oct 2018* 

Project Name: (to be confirmed)
Location : George Town, Penang
Property Type : Condominium
Built-up Area: (to be confirmed)
Total Units: 44
Indicative Price: (to be confirmed)
Developer : Senrita Development Sdn. Bhd.

Location Map:

Eco World Development Group Bhd had achieved total sales of RM1.705 billion as at end-May for its financial year ending Oct 31, 2017 (FY2017).

The developer announced today that the group’s six projects in the Klang Valley contributed RM1.33 billion while its seven projects in Iskandar Malaysia raked in RM331 million and its two projects in Penang contributed RM45 million.

Eco World president and CEO Datuk Chang Khim Wah said: “We are fortunate that our projects have been enjoying positive momentum especially the three large-scale developments in the Klang Valley that were launched at the end of the last financial year — Eco Ardence, Eco Grandeur and Bukit Bintang City Centre.”

He shared that the second half of FY2017 will see the launch of three new projects, namely Eco Forest and Eco Business Park V in the Klang Valley as well as Eco Horizon in Penang. These projects are expected to contribute towards the group’s sales in 4QFY2017.

Among the projects by the developer, Eco Ardence has continued to attract buyers with the launch of its first commercial precinct called Ardence Crest on May 13. The precinct saw a solid take-up rate of 80% from the 120 units launched.

Comprising 160 lifestyle shop offices in total, the units offered consist of 2-storey intermediate lots with sizes of 22ft x 75ft and 26ft x 75ft, priced from RM1.8 million and RM2.2 million; and 3-storey corner lots of 42ft x 75ft, priced from RM4.8 million.

According to Chang, the shop offices were well received by purchasers as many wanted to ride on the pioneer advantage of owning the first commercial product in the township.

Find out more and register your interest for Eco Horizon

Meanwhile, Eco World has begun handing over the first phases of products sold at the end of last year, he added. “The target is to hand over approximately 4,700 units of properties sold to our customers by the end of this year and so far, we are well on schedule with more than 3,000 units already delivered to our buyers.”

Source: TheEdgeProperty.com.my