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Penang George Town – Butterworth LRT Line

Property News/ 18 April 2016 5 comments

GeorgeTownButterworthLRT

The 18km George Town-Butterworth LRT line will begin at The Light Station (on the Bayan Lepas LRT line) and terminates at Sg Nyiur Station for interchange transfer with Raja Uda-Bkt Mertajam Monorail line. Besides accommodating a panoramic sea view, the LRT line offers an efficient alternative connection – the fifth link – between key commercial and residential hubs on both ends of Penang Island and Mainland across the Malacca Straits.

Importantly, it fuses the rail network on both sides for passenger transfer between transit lines. It will be a vital connector and interchange with other rail networks in the state, such as the proposed monorail line from Raja Uda to Bkt Mertajam and BRT line from Permatang Tinggi to Batu Kawan. The proposed LRT line will enable passengers to travel from the Prai Industrial Estate, Penang Sentral and established housing estates in Seberang Perai towards Gelugor on Penang Island in a single journey.

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

 

UPCOMING: Sungai Ara / Corfield Development Sdn. Bhd.

Sungai Ara/ 18 April 2016 23 comments

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Another proposed high-rise residential development at Sungai Ara, Penang. It is located along Lilitan Sungai Ara, neighboring communities include Skycube Residence, Garden Ville, Sierra Residences, Imperial Residence and One Imperial. The exact lot of land is yet to be confirmed (Map shows approximate location).

This development will features a 34-storey condominium with 416 residential units. Besides, the existing GSD sales office will also be upgraded to a permanent building.

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

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Project Name : (to be confirmed)
Location :
 Sungai Ara, Penang
Property Type : Condominium
Total Units: 416
Built-up Area: (to be confirmed)
Indicative Price: (to be confirmed)
Developer : Corfield Development Sdn. Bhd.

More than 500 MyDeposit applicants from Penang

Property News/ 16 April 2016 No comments

MyDeposit-logoThe National Housing Department will notify successful applicants for the My First Home Financing Scheme (MyDeposit) by the end of this month.

National Housing Department director-general Datuk Mohamad Yusoff Ghazali said the department had so far received 7,347 applications for the scheme, 1,046 of which provided complete documents.

“Selangor recorded the highest number of MyDeposit applicants with 2,500, Putrajaya with 1,000 applications, Johor with 643, Penang with 534 and Kuala Lumpur with 158.

“We will thoroughly screen the applications and successful applicants will receive an offer letter by end April.”

“The MyDeposit application is still open until June and can be done online at http://www.ehome.kpkt.gov.my.” he said at a press conference, today.

Yusoff said applicants must first identify the housing project they want to purchase before submitting the application.

“Applicants can choose any private housing project as long as the developer is licensed with the the Urban Wellbeing, Housing and Local Government Ministry; and the price is below RM500,000.”

“Houses bought through this scheme cannot be sold within 10 years,” he said.

Prime Minister Datuk Seri Najib Razak on April 6 announced the implementation of MyDeposit as tabled in the 2016 Budget.

MyDeposit is an initiative by the government to help first time house buyers with household incomes of between RM3,000 and RM10,000.

* Click here to find out more about MyDeposite Scheme *

Source: New Straits Times Online

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Penang Third Link (Undersea Tunnel)

Property News/ 15 April 2016 7 comments

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Undersea Tunnel is the third phase project undertaken by Consortium Zenith BUCG Sdn Bhd. The Undersea Tunnel link from Gurney Drive, George Town to Butterworth Outer Ring Road (BORR) with total length of approximately 7.2km.

Key Information:

Undersea Tunnel

  • Total Length 7,2 km (approximate)
  • Toll Plaza

Proposed Interchanges

  • Persiaran Gurney
  • Butterworth Outer Ring Road (BORR)


 

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

 

Sunway Property to launch final phase of Sunway Cassia in Penang

Property News/ 14 April 2016 No comments

Sunway-Cassia-Artists-Impression-of-2-Storey-Semi-D-Cydonia-1Sunway Property, the Master Community Developer and Malaysia’s leading property developer, will officially launch the final phase of Sunway Cassia in Batu Maung, Penang on 17 April 2016. Public are invited to the launch with an exclusive viewing of the semi-detached show units happening from 10am to 6pm at Sunway Cassia.

The development’s final phase will consist of 10 limited units of Cydonia+ with a 3,770 sq. ft. built-up area and 38 units of Cydonia with a 3,196 sq. ft. built-up area, both set within the lush green landscapes of the contemporary neighbourhood.

“Nestled in the quiet green lung corner of Batu Maung with access to nearby amenities, Sunway Cassia is our pride and joy in the region. With upcoming infrastructures such as the extensive Penang Transport Master Plan, future residents will benefit from capital appreciation due to greater accessibility and especially with the lack of landed developments on the island at present”, says Tan Wee Bee, Deputy Managing Director of Sunway Berhad, Property Development Division for Malaysia and Singapore.

“In conjunction with our recent announcement of the Sunway Property Certainty Campaign, we are also offering innovative packages for the homes in Sunway Cassia. Homebuyers who are interested to find out more on the options can do so during the launch event with our sales team,” he added.

Settling amidst three acres of landscaped garden with six thematic designs, Sunway Cassia features 23.12 acres of freehold residential enclave with 133 units of 3-storey terrace homes and 48 units of 2-storey semi-detached homes. The development is strategically located to provide good connectivity to major expressways, such as both the Penang bridges and Tun Dr Lim Chong Eu Expressway, as well as access to amenities within the vicinity.

Under the ‘Living Sunway, Living Community’ campaign, Sunway Property will continue to further engage and grow with the communities in the northern region as well as other regions with more community driven events such as the World Environment Day celebrations which will take place this coming May.

For more information on the Sunway Cassia launch event, please log on to www.sunwaycassia.com or call 012-4765496, 012-4333636 or 019-4480081. For more
information on Sunway Property, please log on www.sunwayproperty.com or follow Sunway Property on Facebook for the latest news.