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)

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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.

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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

Belmont, an on-going mixed development by GTM Land & Property Sdn. Bhd. at Bukit Mertajam, Penang. Strategically located along Jalan Kulim, next to the famous Roman Catholic church – St Anne’s Church. It is only 10 minutes away from Aeon Mall, Tesco Shopping Center and 5 minutes away from SJK (C) Kim Sen, SMK Convent and Jit Sin Independent School.

This development will feature a mix of residential and commercial properties:

• 3-storey terrace (20 units)
• 3-storey semi-detached (8 units)
• 3-storey shop office (28 units)

Project Name : Belmont
Location : Bukit Mertajam
Property Type : Mixed development
Tenure: Freehold
Built-up Size: 2,945 sq.ft. (shop office), 2,515 sq.ft. (terrace), 3,734 sq.ft. (semi-d)  onwards
Land Area: 1,205 sq.ft. (shop office), 1,260 sq.ft. (terrace), 2,798 sq.ft. (semi-d) onwards
Total Units:: 28 (shop office), 20 (terrace), 8 (semi-d)
Indicative Price: RM1.88m (shop office), RM739k (terrace), RM1.23m (semi-d) onwards
Developer : GTM Land & Property Sdn. Bhd.
Developer Contact: 017-4300 366 / 017-4300 399

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The Penang government welcomes the state’s ferry service being taken over by the federal government linked Prasarana Malaysia Bhd.

Chief Minister Lim Guan Eng said the takeover by the largest public transport provider in the country, bodes well for the future of ferry services, in the state.

He hoped that Prasarana will also have sufficient funds to improve ferry services and bring them to greater heights.

He added the state was confident that a positive outcome would be seen in better ferry services following positive feedback since it started running Rapid Penang bus services.

“The people running Rapid Penang are professionals,” he said at a press conference today.

Lim added Prasarana also plans to introduce catamaran-type ferries to improve services between the island and mainland.

He said the introduction of catamarans will increase passenger loads and ensure the ferry service becomes reliable.

He said it is important to maintain the original design of the ferries to ensure it is maintained for heritage and historical purposes

“I hope Prasarana’s ferry service will be free from any political interference,” he said.

Source: Bernama