Avalon Place, an upcoming residential development by PLB Homes in Air Itam, Penang. It is located off Solok Zoo 1, just a short drive away from Sunshine Farlim and All Seasons Park.
This development will see a 25-storey condominium, offering 209 residential units. There are 8 different design types to choose from.
The project is still pending for approval. More details to be available upon official launch.
Property Name: Avalon Place
Location : Air Itam, Penang
Property Type : Condominium
Total Units: 209
Built-up Area: 1,000 – 1,200 sq.ft.
Indicative Price: (To be confirmed)
Developer : PLB Homes
Register your interest here
Location Map:
Straits Residences, a serviced residence development by Kerjaya Prospek Property Sdn. Bhd. at Tanjung Pinang, Penang. It is strategically located along Jalan Seri Tanjung Pinang, next to Straits Quay Marina Mall.
The development comprises a 28-storey tower on a one-acre site, offering 246 units of serviced suites. The built-up size is ranging from around 800 sq.ft. and the indicative average selling price is about RM1,200 psf, with a minium selling price from RM1 million onwards.
More details to be available upon official launch.
Project Name: Straits Residences
Location : Seri Tanjung Pinang
Property Type : Serviced apartment
Built-up Area: 800 sq.ft. onwards
Total Units: 246
Indicative Price: RM1 million onwards
Developer : Kerjaya Prospek Property Sdn. Bhd.
Register your interest here
Location Map:
One of the first few PR1MA affordable housing approved in Penang. This development is strategically located on Kampung Kastam land near the intersection of Jalan Bukit Gambier and Jalan Lembah, undertaken by Ideal Capital Venture Sdn. Bhd. It’s only less than 2km away from University Science Malaysia (USM), neighbouring communities include Centrio Avenue, Taman Tun Sardon, Mutiara Court and etc.
The proposed development comprises:
- Ideal Residency (Phase 1): 1 block of 49-storey building (1,218 affordable units – 850 sq.ft.)
- Phase 2: 2 block of 46-storey building (1,632 affordable units – 850 sq.ft.)
READ MORE ABOUT AFFORDABLE HOUSING:
More details to be available upon project launch.
Project Name: PR1MA @ Bukit Gelugor
Location : Gelugor, Penang
Property Type : Affordable housing
Built-up Area: 850 sq.ft.
Indicative Price : RM300,000 (Affordable)
Last Updated: Feb 2020
Developer : Ideal Capital Venture Sdn. Bhd. (Ideal Property Group)
Register your interest here
Location Map:
Penang property owners will receive massive savings on their assessment rates for next year, the Pakatan Harapan state government announced today.
Chief Minister Lim Guan Eng said low- and medium-cost homeowners as well as those living in kampung houses will be fully-exempt from payment while other property owners, including commercial, will receive a 6 per cent exemption.
He said the move is to alleviate the economic pinch felt by some 1.7 million Penangites as living costs rise even as the value of the ringgit fell.
The assessment rate exemption to residential property owners is expected to cost the state councils some RM14.1 million while commercial property owners will save a total of RM21.74 million.
Lim also said his state administration has ordered Penang’s two city councils, the Penang City Council on the island and the Seberang Perai City Council on the mainland, to bear the still controversial Good and Services Tax (GST) of 6 per cent to be charged on the assessment rate.
“This means Penangites will save as much as RM19.36 million from the GST payments,” he said in a statement.
“This measure by the state government and the local authorities is able to save 1.7 million Penangites RM55.19 million for the year 2017,” he added.
Read More: TheMalayMailOnline.com
Tags:
*PROJECT CANCELLED* (Related news)
Residensi Batu Ferringhi, formerly known as PR1MA affordable housing, 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.
This development project comprises 3 blocks of 32-storey building, offering a total 1,248 affordable units in two phases:
Phase 1:
- Block A – Affordable housing (448 units), shoplot (4 units)
- Block B – Affordable housing (448 units)
Phase 2:
- Block C – Affordable housing (352), shoplot (2 units)
READ MORE ABOUT AFFORDABLE HOUSING:
Project Name: Residensi Batu Ferringhi
Location : Batu Ferringhi
Property Type : Affordable Housing
Total Units: 1,248
Indicative Price: RM300,000 onwards
Developer : Eastcape Vista Sdn. Bhd. (PR1MA Project)
Register your interest here
Location Map:
