Sky Cab proposed alignment is 4.8 km long and connects the Sky Cab Station in Butterworth, Seberang Perai with Sky Cab Station (Bayan Lepas LRT) in Jelutong in Penang.

The project is now in the feasibility study stage. Currently conducting Detailed Environmental Impact Analysis (DEIA). Feasibility Study expected to complete by 1st half 2016.

According to MRCB’s general manager, the project is expected to complete in 3Q 2019. He has also revealed that ticket fares for Sky Cab for daily commuters had been tentatively set at RM2.50, RM15 for domestic tourists and RM35 for foreign commuters.

The fare is expected to increase every five years. By the year 2043, the fare for commuters will go up to RM4.80, RM28.50 for domestic tourists and RM65 for foreign tourists.

* Click here to find out more about Penang Transport Master Plan (PTMP) *

Aspen Vision City’s first residential development – Vertu Resort in mainland Penang, has seen 50% of its condominium units taken-up since its soft launch in February this year, according to Aspen Group.

Vertu Resort is the second phase development in Aspen Vision City, a mega-scale, joint-venture development between Aspen Group and Ikano Pte Ltd.

Aspen Group’s chief executive officer Datuk M Murly said the seven-acre freehold residential project comprises 1,282 condominium units with built-ups ranging between 1,030 sq ft and 1,800 sq ft, spread across five residential towers ranging from 29 to 42 storeys.

“Designed to be in moving in condition, all units at Vertu Resort are complemented with home furnishings by IKEA, kitchen appliances by Teka, electrical appliances, built-in wardrobes, kitchen cabinets and other wet work renovations,” he said in the press statement.

Vertu Resort, which carries a gross development value (GDV) of RM620 million, is slated to be completed by 2019.

The current selling price of units at Vertu Resort starts from RM418,000 or averages at RM370 to RM450 psf. The units were selling at RM350 to RM380 psf during its soft launch in January this year.

Aspen Group through its subsidiary Aspen Vision City Sdn Bhd has paired up with Teka Küchentechnik (Malaysia) Sdn Bhd to provide kitchen appliances for Vertu Resort. Both companies have inked a contract worth more than RM5 million today.

This strategic collaboration will see all of Vertu Resort’s units equipped with the best from the German-based kitchen and home appliances provider. This maiden partnership also marks the first venture of Teka into the northern region’s marketplace.

“Although the pricing of Vertu Resort is fairly competitive, we will not compromise on the quality of the product,” said Murly.

The company also unveiled the show unit of Vertu Resort today.

Source: TheEdgeProperty.com.my

In collaboration with GM Training Academy, we are co-organizing “My First Home Convention” on 28 May 2016. This event is aimed at giving first time home buyers some guidance and pointers. Hence, the topics will be geared towards buying affordable properties below RM500,000.

Participants will learn about:

• Steps in buying your first home
• To buy now or wait?
• Penang’s masterplan
• First home projects in Penang
• How to protect yourself legally?
• First home financing scheme
• Steps to get your loan approved
• Should I buy MRTA or MLTA?

List of Speakers:

• Miichael Yeoh (CEO, GM Training Academy)
• Ken Lim (Founder, Penang Property Talk)
• Oh Aik Kim(Lawyer, Ibrahim & Kim)
• Elane Goh (CEO, V100 Consultancy Sdn. Bhd.)
• Mun Goon (Mortgage Expert, GM Training Academy)

The event will be held on 28th May 2016 Saturday at Gurney Hotel from 9 am to 6pm.

We are fully booked and the registration is closed now!

Organizer

Co-organizer

Media Partner

The state government is surprised by the call of a group of non-governmental organisations (NGOs) which questioned the size of the Penang Transport Master Plan (PTMP).

“If you reject and cancel the plan, then what are the alternatives to solve traffic congestions?” asked Chief Minister Lim Guan Eng.

He said the PTMP was vital, especially in connecting the mainland and the island.

“We are putting an LRT line across the sea to connect both places but if the plan is rejected, then the people on the mainland would not have it.

“I find that there is a sudden concerted effort to reject the plan, starting with the state’s Opposition and now by the NGOs.

“I hope the public would support the plan,” Lim told reporters after opening a basketball tournament in Taman Bagan, Jalan Bagan 13, Butterworth, on Wednesday night.

It was earlier reported that the NGOs had questioned the size of the project, which they claimed was a massive scheme at tremendous cost estimated at RM40bil.

The 15 signatories of the NGOs include the Penang Forum, Penang Heritage Trust, Aliran, Sahabat Alam Malaysia, Consu-mers Association of Penang, Malaysian Nature Society, Women Centre for Change and Suaram.

They also said the scheme lacked vision and was still car-centric.

When contacted, Dr Lim Mah Hui, who is part of the Penang Forum, said they did not reject the idea of a transport master plan.

“In fact, it was the NGOs which conceived the idea of a transport master plan in 2009.

“We are the originator of the concept of a transport master plan and the need for it.

“However, we do not support the current scheme.

“We support the need to prioritise public transport over the present private car-centric transport system,” he said, adding that the current plan contained many ‘fundamental flaws’.

Dr Lim said ‘modern generation trams’ or light rail vehicles (LRV) were more manoeuvrable, flexible and less costly to build and operate.

“Why do we need four poorly integrated public transport systems,” he asked, referring to the LRT, monorail, tram and bus rapid transit.

“The alternative is just one seamless network or public transport system on the ground,” he said.

* Click here to find out more about Penang Transport Master Plan (PTMP) *

Source: TheStar.com.my

The North Coast Pair Road (NCPR) to be undertaken by the Zenith-BUCG, only ends at Jalan Lembah Permai in Tg Bungah from Teluk Bahang, forming only the western section of NCPR. [Refer to the image gallery below]

To complete the road connection to George Town, PTMP proposed the eastern section of NCPR:

• Construction of an elevated dual two-­lane road over Jalan Lembah Permai, Jalan Tg Bungah and Jalan Tg Tokong; and
• Construction of interchange ramps between Jalan Cheah Seng Kim and Jalan Sg Kelian junctions along Jalan Tg Bungah together with U-­turns at the junctions.

This eastern section of the NCPR will end before the Seri Tanjung Pinang Phase 1 (STP 1) development, as the continuing section would be another elevated dual two-­lane road in STP 1 area, which is subsequently connected to the dual four-­lane Gurney Expressway.

* Click here to find out more about Penang Transport Master Plan (PTMP) *