Scots Pavilion, strategically located next to Scotland Road is another brainchild of M Summit Group offering a 22-storey condominium with 89 residential units. The project is assured to captivate you with its unique concept as it is intentionally designed to provide one-stop wellness destination comprising healthcare, therapy, healing, entertainment and leisure cafés.

Be fascinated by its automated parking system where cars are parked on multiple levels stacked vertically to maximize the number of parking spaces while minimizing land usage.

Scots Pavilion, a stylish yet modern building furnished with its own exclusive characteristics comes with an attractive starting price of RM600 psf onwards. Well equipped with a relaxing home environment concept, it features 8 types of design with sizes ranges from 1,008 sq.ft to 2210 sq.ft and up to 6,421 sq.ft for Penthouses (type H, I J). The floor plan contains up to 4 bedrooms, 3 bathrooms, a utility room, a balcony, an open living hall, dining hall and a kitchen.

Ensuring all the comfort and coziness of a home is present, Scots Pavilion offers an exciting range of facilities at Level 2, namely hydrotherapy pool, swimming pool, Jacuzzi, children playground, community function hall. For the convenience of the residents, e-storage, café and physio-therapy centre are also available on site.

This project is currently open for registration. Stay tuned for the launching soon.

Property Project : Scots Pavilion
Location : Scotland Road, Penang
Property Type : Condominium
Total Units: 89
Built-up Area: 1,008 sq.ft. onwards
Indicative Price: RM600 psf onwards
Developer : GL Semesta Corporation (M Summit Group)

Location Map:

BMT Jelas Sdn Bhd has started preliminary works for the proposed RM4.6bil expressway that will connect Jelapang in Ipoh to Batu Kawan in Penang.

The 116 km expressway, named Jelapang-Selama-Batu Kawan Expressway (Jelas), is anticipated to be completed within three years upon obtaining approval from the federal government.

In a statement yesterday, group executive chairman Tan Sri Bahadon Ariffin said the proposed Jelas Expressway would complement the government’s plans for the Northern Corridor and would significantly impact the economic development for the region.

To serve as an alternative link to the main North South Expressway, it would consist 13 interchanges which include Jelapang (Meru), Klebang, Kanthan Baru, Sungai Siput (Utara), Karai, Kati, Anak Kurau, Batu Kurau, Selama, Serdang, Lima Kongsi and Batu Kawan.

Currently, the preliminary works included costing and budgetary processes of the overall acquisition.

“It will narrow down the gap between rural and urban areas, as well as, increase household income,” he said, adding that Jelas would have the longest road tunnel in Asia, stretching 3km across the Bintang Range,” said Bahadon.

Source: Bernama

Homeownership has become easier after Projek Perumahan 1Malaysia (PR1MA) enlarged the eligibility pool.

Prime Minister Datuk Seri Najib Abdul Razak said the income cap has been increased from RM10,000 to RM15,000 to allow more people to purchase their own homes.

He said this was part of efforts to lower the entry bar for those wanting to purchase a place they can call their own.

In line with making PR1MA units more attractive, Najib added that the moratorium period – where purchasers are forbidden from selling their units within a given time – has been shortened to five years from 10.

He said this not only gave people the opportunity to own their home but also transferred wealth in the form of properties to the people.

He expressed his confidence the new measures will not only increase the eligibility pool but make PR1MA homes attractive to those looking to own a home.

“The government recognises the aspiration of the people to own a home and we will try to fulfill this wish through PR1MA,” he said at a press conference today after a meet-the-people session here.

PR1MA CEO Datuk Abdul Mutalib Alias meanwhile welcomed the new measures to enlarge the eligibility pool and to make PR1MA homes more attractive.

He said their homes received good response from the middle-income group.

He said those earning between RM2,500 to RM10,000 a month (also known as the M40 group) favoured PR1MA projects as the the supply of homes which fit their budget was in scarce supply.

“The M40 group is very much under-served, they are not able to afford many offerings on the market but are also not eligible for low-cost housing,” he said.

As at January 2017, PR1MA has 231 approved projects, comprising 266,400 units, nationwide.

Sungai Petani presently has 2,700 PR1MA homes under the Residence SP1 and Residence SP2 residential area schemes.

More than a thousand strong crowd turned up to meet Najib in person and he also presented mock keys to 10 new homeowners.

Also present was Kedah Mentri Besar Datuk Seri Ahmad Bashah Md Hanipah and other state government leaders.

Source: TheSunDaily.my

Upcoming PR1MA projects in Penang

PR1MA @ Gelugor

One of the first few PR1MA affordable housing approved in Penang. This development is strategically located along Jalan Bukit Gambier, undertaken by Ideal Capital Venture Sdn. Bhd. It’s only less than 2km away from University Science Malaysia (USM), neighbouring communities include Gelugor Customs Housing, Centrio Avenue, Taman Tun Sardon, Mutiara Court and etc.

PR1MA @ Batu Ferringhi

This is one of the three PR1MA affordable housing projects approved by Penang State Government in 2016. The development is strategically located along Jalan Sungai Satu in Batu Ferringhi, just a stone’s throw away from the Ferringhi Residence housing scheme by Mah Sing Group.

Novus, an upcoming residential development by Prisma Bumiraya Sdn. Bhd. (Pearl Ocean) at Sungai Nibong, Penang. It is strategically located near Gerbang Bukit Kecil 2, adjacent to Kristal Court Townhouse and Kristal Villa.

The proposed development comprises single block of 44-storey condominium, offering 273 residential units with built-up area ranging from 860 sq.ft. onwards. There will be 8 units per floor.

Property Project : Novus
Location : Sungai Nibong, Penang
Property Type : Condominium
Total Units: 273
Built-up Area: 860 sq.ft. onwards
Indicative Price: RM530,000 onwards
Developer : Prisma Bumiraya Sdn. Bhd. (Pearl Ocean)

Location Map:

Picture for illustration only

IKEA Penang will be the forth IKEA store in Malaysia and the second one outside of Klang Valley after Johor Bahru. Located in Batu Kawan, the construction of the new IKEA store is scheduled to start in early this year and to complete by late 2018.

Despite an official announcement was done by Ikano Private Limited last year, many are still in doubt of whether the plan will really kick-off. Influenced by the disappointing economic performance, some are speculating that IKEA plan has already been shelved.

To shade some light on this matter, we have found a job advertisement in LinkedIn posted by IKEA Southeast Asia 30 days ago. The company was looking for a Store Manager to support the opening of the very first IKEA store in Penang.

Still not convinced? Check out the job advertisement at LinkedIn

If you are interested in the job, you will be very disappointed to find out the position has already been filled.