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Proposed LRT Stations – Bayan Lepas Line

Property News/ 7 April 2016 45 comments

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Bayan Lepas LRT, the very first LRT line in Penang, will be about 30 km in length with 27 stations running from KOMTAR to the future reclaimed islands in the south.

Besides passing through must-go-points at KOMTAR, Bayan Lepas FIZ and the Penang International Airport, the line will also serve established and planned residential townships and employment hubs in Jelutong, The Light, Gelugor, Batu Uban, SPICE in Bayan Baru, Sg Tiram and Batu Maung.

The proposed alignment of the Bayan Lepas LRT serves the heavier travel demand corridor in the eastern or Bayan Lepas belt – from KOMTAR all the way to the Penang International Airport. The LRT system is most suitable to cater for future increases in travel demand from:

  • Expansion of the Penang International Airport from 6.5 million passengers per annum to potentially 20 million passengers per annum;
  • Expansion of the Bayan Lepas industrial zone; and
  • The developments in the southern coast reclaimed islands.

Click on the detailed map below to find out exactly where the 27 proposed LRT stations will be built.

 

MyDeposit scheme to help first home buyer

Property News/ 6 April 2016 10 comments

mydeposit-announcementPrime Minister Datuk Seri Najib Razak Thursday announced the implementation of the First Home Financing Scheme (MyDeposit) as tabled in the 2016 Budget.

He said the scheme was implemented to help the middle 40 per cent income bracket (M40) with household incomes of between RM3,000 and RM10,000.

“(This scheme involves) a contribution of 10 per cent of the sales price or a maximum of RM30,000, whichever is lower, to first-time house buyers to help them buy a house costing less than RM500,000,” he said after the National Housing Council’s (NHC) meeting here, Wednesday.

The prime minister said the applicants could make their applications to the scheme online from Thursday through the website of the National Housing Department, Ministry of Urban Wellbeing, Housing and Local Government.

Urban Wellbeing, Housing and Local Government Minister Datuk Abdul Rahman Dahlan said MyDeposit was open to all types of houses from all registered developers except Perbadanan PR1MA Malaysia.

The scheme, he said was not limited to new house purchases but also secondary house purchases.

At the same event, Najib also announced the implementation of the sale of houses costing up to RM300,000 to first-time house buyers, as announced in the 2016 Budget Recalibration, this month.

In order to encourage private developers to build houses costing below RM300,000, Najib said the ministry offered several incentives to developers, including the retention of deposit of RM200,000 from three per cent of the estimated cost at present.

For mixed development, the prime minister said the deposit was based on the remaining construction of houses priced more than RM300,000.

On the implementation of one million affordable houses by 2018, Najib said until Dec 31, 2015, a total of 183,755 units were completed, 214,011 units were under construction and 309,571 units at various stages of planning.

He also announced the construction of over 50,000 affordable houses through integrated efforts according to zones, starting with the central zone at the Malaysia Agro Exposition Park, Serdang in July 2016.

* Click here to find out more about MyDeposit Scheme *

Source: Astro Awani
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Penang LRT – Bayan Lepas Line

Property News/ 6 April 2016 36 comments

bayan-lepas-lrt

The proposed Bayan Lepas Light Rail Transit Line will covers a distance of 30km and 27 stations.

Of its 27 proposed stations, 19 are to be in Komtar, Macallum Street area, Bandar Sri Pinang, the future Sky Cab station, East Jelutong, The Light Waterfront, Gelugor, Universiti Sains Malaysia, Batu Uban, Pesta site, Sungai Nibong, Bukit Jambul, Subterranean Penang International Convention and Exhibition (SPICE), Jalan Tengah, FIZ North, FIZ South, Sungai Tiram, Penang International Airport and Permatang Damar Laut.

Eight more stations are planned for the three proposed islands to be reclaimed off the southern coast.

The Bayan Lepas LRT will also have interchange stations connecting three more future LRT and monorail lines still on the drawing table.

They are the Gelugor-Butterworth LRT across the sea, the Paya Terubong-Komtar monorail and the Tanjung Tokong-Komtar monorail.

The route will also be integrated with public transport services in Sungai Nibong Bus Terminal and Penang International Airport.

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

 

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Bayan Lepas Expressway (BLE) open today at 2PM

Property News/ 6 April 2016 No comments

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flyover-photoMotorist will be able to use the four-lane Bayan Lepas Expressway (BLE) in Penang from 2pm today.

The elevated 3.2km-long dual carriage structure of the BLE connects motorists coming from Batu Maung to Sungai Nibong (Queensbay).

In a press statement yesterday, the Public Works Department and UEM Builders Berhad advised road users to observe all the traffic signs and adhere to the speed limit of 70km/h when using the expressway.

The BLE is the longest elevated expressway in the state.

Construction of the expressway began on April 1, 2014, with UEM Builders Berhad as the main contractor.

The entire expressway is equipped with LED street lighting, drains, a bicycle lane, bicycle bridge and road dividers.

Source: TheStar.com.my

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UPCOMING: Bukit Mertajam / DNP Land

Machang Bubok/ 5 April 2016 9 comments

upcoming-dnp-land-machang-bubok

An upcoming mixed residential development by DNP Land at Machang Bubok. It is located along Jalan Machang Bubok, less than 6km away from AEON Mall in Alam.

This development will offers a mixed of gated & guarded landed and a 11-storey medium cost apartment:

  • Phase 1 (Gated & guarded): 2-storey terrace (78 units), 3-storey terrace (6 units)
  • Phase 2 (High-rise): 11-storey medium cost apartment (60 units)

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

Project Name : (to be confirmed)
Location :
 Machang Bubok, Bukit Mertajam
Property Type : Residential
Built-up Area: (to be confirmed)
Total Units: 84 (terrace), 60 (aparment)
Developer : DNP Land

Register your interest here

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.

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