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UPCOMING: Bukit Mertajam / Hong Hong Development

Bukit Mertajam/ 13 April 2016 16 comments

upcoming-hong-hong-development

Another proposed gated and guarded scheme by Hong Hong Development at Alma in Bukit Mertajam. It is strategically located along Jalan Impian Ria, adjacent to Taman Saujana Indah and Jesselton Hills housing scheme by DNP Land.

Just a mere minutes drive to AEON Mall and Tesco Alma. This development comprises 90 units of 2-storey terrace houses.

This project is still pending for approval. Details to be available upon project launch.


Project Name : (to be confirmed)
Location :
 Alma, Bukit Mertajam
Property Type : 2-storey terrace (Gated & guarded)
Total Units: 90
Built-up Area: (to be confirmed)
Indicative Price: (to be confirmed)
Developer : Hong Hong Development Sdn. Bhd.

Location Map:

 

Pan Island Link 2 / 2A

Property News/ 13 April 2016 5 comments

PP_Pil2

Penang highway master plan also looked at enabling the future development of less­ developed areas such as Balik Pulau and Teluk Kumbar in Penang Island by constructing a “spurs” road from PIL 1 at strategic interchange location.

The other proposed Pan Island Links, namely PIL 2 and PIL 2A, to be constructed as dual two­ lane roads would:

  • Enhance accessibility and open up opportunities for future developments on the western (Balik Pulau) and southern (Teluk Kumbar) sides of Penang Island and help decentralise development pressure away from George Town;
  • Together with the southern section of PIL 1 form the Southern Ring Road for Penang Island;
  • Serve as major access roads for the reclaimed islands.

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

 

Pan Island Link 1

Property News/ 12 April 2016 8 comments

Pan-Island-Link-1

A new 20km highway, the Pan Island Link 1, is proposed to alleviate the heavy traffic load on the Tun Dr Lim Chong Eu Expressway (LCE) and adjacent arterial such as Pengkalan Weld, Jalan Masjid Negeri, Jalan Jelutong and Jalan Sultan Azlan Shah. Given that little can be done to improve conditions on the LCE, the solution is to provide a second North–South spine road.

It also addresses the strategic importance of traffic dispersal from the newly-­opened Second Penang Bridge and the future undersea tunnel.

It will be able to accommodate potential increase in travel demands from the enlarged Penang International Airport, expansion of the Bayan Lepas industrial zone, and the proposed reclaimed islands in the Southern Coast of Penang Island.

It is designed with six interchanges to link highly-populated areas and transport hubs on the island from the Second Bridge and the Penang International Airport all the way towards George Town, Paya Terubong, Bayan Baru, and Relau.

PIL1 will be a dual three–lane purpose-built highway with limited points of access to ensure certainty in speed and travel time over the entire length of the highway. The alignment along the mountainous terrain also avoids the possibility of congestion caused by future developments.

The proposed highway will be built beyond the developed periphery of George Town, to disperse traffic away from it rather than force traffic to converge in the extended parts of the city.

The PIL1 would not only allow better traffic dispersal but also improve accessibility to various areas along the north–south corridor of Penang Island. Upon completion, it will be able to significantly shorten north-south travel time to only 15 minutes from Gurney Drive to the airport, favorably compared with the current 45 minutes required under normal traffic conditions on the LCE.

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

20 Most Active Projects in Penang (Q1 2016)

2016 looks to be another happening year for property industry in Penang. While many industry experts predicted the property market to remain slow, our website traffic has hit an all-time high with nearly 1 million pageviews and over 180k unique visitors in Q1.

With that in mind, let’s take a look at the 20 most active projects in Q1 2016. The Tamarind by E&O continues to hog the limelight being the most popular project in Penang, followed by the affordable One Foresta and i-Santorini by Ideal Property Group.

top20-1q2016

 

Vertu Resort, ranked fourth in the list, is the very first high-rise development by Aspen Group at Batu Kawan. It is expected to continue gaining traction as the show gallery is slated to open by end of this month.

On the affordable segment, it’s worth mentioning that the newly announced affordable units at QuayWest Residence only starts from RM200,000, with unit size ranging from 728 sq.ft. onward.

* Projects are ranked based on the pageviews recorded in Google Analytic web traffic report for PenangPropertyTalk.com.

 

– Ken Lim
(Founder and Principal Reviewer, PenangPropertyTalk.com)

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Penang Structure Plan – Three proposed man-made isles to be included

Property News/ 10 April 2016 1 comment

penang man made island newThe Penang Structure Plan, which is out-dated, needs to be revised to incorporate the three proposed man-made islands off the south coast near Permatang Damar Laut meant to fund the Penang Transport Master Plan (PTMP).

State Local Government, Traffic Management and Flood Mitigation Committee chairman Chow Kon Yeow said a special task force would adopt a master plan to guide the development of the new islands set to have a population of 300,000.

The task force includes the Town Planning and Develop-ment Department.

“The master plan will guide the development of the three islands measuring 1,821ha for commercial, residential, industrial, institutional and open space usage.

“In May, this plan will then be submitted to the state planning committee for it to be adopted into the Penang Structure Plan.

“In June or July, the proposal for the three islands will be submitted to the National Physical Planning Council for consideration.

“Following the changes, the Penang Structure Plan will need to be revised.

“The local plan will also need to be based on the revised plan,” he said.

Chow told reporters after a dialogue session with the Malaysian Dutch Business Council attended by Chief Minister Lim Guan Eng.

On the Bayan Lepas Light Rail Transit (LRT), Chow said the conditional approval for the project was expected to be given in June.

“The final approval should be given early next year.

“More than RM20bil worth of jobs can be expected to be tendered out to contractors following the implementation of PTMP,” he said.

To a question on waste management for the islands, Chow said the issue would be tackled.

“The islands will be designed with new technologies to handle the problem,” he said.

Earlier in his speech, Lim said a global property consultant had recently voted Penang as the preferred destination for investment in the country.

“Even without a proper transportation system, Penang can still be the choice location of investment.

“Imagine what Penang can do with an integrated transportation system,” he said.

The RM27bil PTMP is aimed at building a public transport system based on a five-in-one mode — taxi, bus, water taxi/ferry, cable car and LRT/monorail.

Source: TheStar.com.my

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