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) *

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BLT Park II, another light industrial development by DSG Group in Permatang Tinggi, Bukit Mertajam. It is located within the vicinity of Permatang Tinggi commercial hub. Neighboring industrial park includes BLT Park, Asas Murni, Asas Jaya, Bukit Minyak Industrial Park.

This development comprises 18 units of 2-storey semi-detached industrial factories and one unit 2-storey detached light industrial factory. Built-up area ranging from 4,400 sq.ft. onward.

Property Project : BLT Park II
Location : Permatang Tinggi, Bukit Mertajam, Penang
Property Type : Industrial factory
Built-up Area: 4,400 sq.ft. – 6,000 sq.ft., 4,400 sq.ft. (detached)
Land Area: 8,300 sq.ft. – 14,800 sq.ft. (semi-d), 13,000 sq.ft. (detached)
Indicative Price: RM1,888,000.00 onward
Tenure : Freehold
Developer : Golden Nation Development Sdn. Bhd. (DSG Group)

Location Map:

Read this yesterday on The Edge Property. I generally agree that Penang’s property market outlook is still promising and prices of residential property (especially landed) were generally on the uptrend. What caught my attention was the comment that Tree Residency @ One Residences transacted at RM1.5 million. Unless this is referring to a 2-storey semi-detached unit (or a corner unit with a really big garden), otherwise the number looks questionable to me.

Read this: 

Despite its weak performance last year, Penang’s property market outlook is still promising, according to the National Property Information Centre (NAPIC).

“Forward-looking, Penang’s property market would remain promising. In recent times, various developments are taking place in Batu Kawan, particularly the new township of Bandar Cassia. Batu Kawan is the third satellite town of George Town, after Bayan Lepas and Seberang Jaya,” Napic said in its recently-released Property Market Report 2015.

Some major projects in the pipeline are One Auto Hub, Penang Development Corp, LRT and Pan Island Link Highway between Gurney Drive and Bayan Lepas.

In 2015, the Penang property market was on the downtrend. There were 21,555 transactions recorded worth RM11.7 billion, down from 15.7% and 15% respectively in 2014.

The residential sub-sector remained the biggest sector, capturing 70.9% of total transactions, followed by the commercial, agricultural, development land and industrial sub-sectors.

All sub-sectors witnessed negative growth in volume with the exception of the industrial sub-sector, which was up by 25.4%.

However, prices of residential property were generally on the uptrend.

For example, terraced houses near higher learning institutions and industrial areas recorded positive growth.

A substantial growth in values was recorded at Dua Villa @ One Residences and Tree Residency @ One Residences on the island, which were transacted between RM1.3 million and RM1.5 million.

On the other hand, the primary market saw the number of units launched in 2015 almost halved to 2,348 units from 4,469 units in 2014.

Nonetheless, sales performance improved to 48.2% from 43.9% a year ago.

Source: TheEdgeProperty.com.my