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Alila 2

Tanjung Bungah/ 16 January 2015 110 comments

Alila 2, a luxury condominium development by Hunza Group in Tanjung Bungah. It rest on a hill above the hustle and bustle of Penang Island, yet close enough to Batu Ferringhi, international schools, medical facilities, retail outlets and eateries.

This development featuring two 33/34-storey towers with 270 residential units.

Property Project : Alila 2
Location : Tanjung Bungah, Penang
Property Type : Luxury Condominium
Tenure : Freehold
No. of Blocks : 2
No. of Storey : 33 & 34
Total Units : 270
Indicative Price : (to be confirmed)
Developer : Nilai Arif Sdn. Bhd.
Project Manager: Hunza Group 

Location Map:

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Shortage of affordable housing a rising concern for Penangites

Property News/ 16 January 2015 No comments

With property prices soaring in Penang, the shortage of affordable housing remains a huge concern for people in the state.

Despite the move by the state government with the Penang Development Corporation (PDC) to initiate several projects which will deliver more than 22,000 units of affordable housing in the next five to 15 years, there is still a growing worry that this will not meet the demands of prospective buyers.

Homemaker Faridah Mydin, 62, is a long-time resident of the People’s Housing Project (PPR) low-cost flat scheme in River Road, Sungai Pinang.

The former hawker has lived in the cramped rented flat for the past 12 years because she cannot afford any other property.

Her household comprising herself, her husband, four children and four grandchildren are making do with only three bedrooms to share in the 500sq ft unit.

“Yes, it’s very cramped but what other choice do we have? We cannot afford any other place.

“At my age, I may not need a new or bigger house, but I hope my children and grandchildren will be able to live in a more comfortable home.

“My daughter who just got married has applied for a RM72,000 low medium-cost home but she has been on the waiting list for quite some time,” said Faridah when met at her home.

Saadiah Mohd Yusoff, 57, lives in a cramped unit with more than 10 family members comprising her husband, six children and four grandchildren.

“We’re a big family but we can only afford the monthly rental of RM102 here because houses are so expensive. We cannot afford to move to a bigger home.

“Some family members who are not working depend on my husband who earns only around RM1,600 as a garbage truck driver.

“There really isn’t enough low-cost and low medium-cost houses in the state for low-wage earners like us,” she said.

Another neighbour, who wished to be known only as Anna, 40, lamented that it was difficult to think about getting a new home when her family was already struggling with the rising cost of living.

“Of course, everyone would like to have their own property but how is it possible when property prices are soaring like there’s no tomorrow?” she said.

“The price of a small apartment is unimaginable to me,” she added.

The babysitter has been living in the same flat with her husband and three children aged 20, 18, and 12 for the past 14 years.

“My husband earns only around RM2,000 a month, and I about RM250,” said Anna.

“We have two schoolgoing children and their expenses along with other household expenses need to be taken care of month after month.

“We don’t even have enough left to save up for a home. Even a RM70,000 home is cutting it close for us and homes of such prices are not many,” she said.

Ban chang kuih (pancake) seller Ooi Beng Keat, 36, has been living at a small flat in Taman Free School for the past five years with his wife and their young son.

He said he hoped the state would build more affordable housing units which do not compromise on space and quality.

He said his wife had registered for a unit in an affordable housing project initiated by the state and PDC but had not received any news on the application status.

“I believe there is a long waiting list but we hope to get a RM72,000 low medium-cost home which will be much more spacious than our current unit,” said Ooi when met at his stall in Perak Lane.

Meanwhile, Opposition Leader Datuk Jahara Hamid said the state had raised a lot of hope that had not been delivered to the people.

“It’s not fair for the state to keep potential buyers who registered for affordable housing at bay for so long.

“In the meantime, people have to find other alternatives and there is not a good mix of low-cost homes and low medium-cost homes in Penang.

“The state government, through PDC, should intervene by providing all categories of housing,” she said when contacted.

Jahara said it was also time the state government “walked the talk” on the issue, adding that the state and the Federal Government should cooperate to build more homes to resolve housing woes.

State Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo, when interviewed, said that as of June last year, there were 24,399 applications for low-cost (LC) housing units priced at RM42,000 and 23,582 applications for low medium-cost (LMC) units priced at RM72,500.

A total of 1,745 people registered for affordable housing units priced below RM200,000 and 569 had applied for affordable units priced below RM300,000. Affordable homes priced below RM400,000 drew 423 applications.

He said deserving applicants for the LC, LMC and affordable housing units would be chosen by the Selection Process Enhancement Committee which was set up in August 2013.

The committee comprised eight elected representatives including himself as chairman, Jagdeep added.

“In 2013, 1,788 applicants were selected while 5,503 more were selected as at September last year.

“Priority is given to deserving applicants such as the disabled, single mothers, those with health problems, flood victims, and those forced to move out due to development,” said Jagdeep.

He said the Penang government, together with PDC, had embarked on 12 LC, LMC and affordable housing projects which would see 22,545 units being built in all five districts in the state.

“On the island, the projects are in SP Chelliah, Teluk Kumbar, Jelutong, Pintasan Cecil and Sandilands.

“The projects coming up on the mainland are located in Bandar Cassia, Kampung Jawa, Ampang Jajar, Bukit Mertajam, Juru, Mak Mandin and Ujung Batu,” he said.

Source: StarProperty.my

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AFFORDABLE: Tanjung Tokong / Ideal Property Group

Tanjung Tokong/ 14 January 2015 17 comments

An upcoming affordable housing development by Ideal Property Group in Tanjung Tokong, Penang. The piece of land which was previously planned for a 988-units condominium project (i-Santorini @ Tanjung Pinang) is now being re-purposed for i-Condo affordable housing.

The new development plan comprises two parcels:

  • Parcel 1: 2 blocks of 48-storey residential towers (1,320 units) and 52 units of shop offices
  • Parcel 2: 1 block of 49-storey residential tower (835 units) and 16 units of shop offices

Both parcels come with 8-level multi-story carpark and all affordable units has a standard built-up area of 850 sq.ft.

READ MORE ABOUT AFFORDABLE HOUSING:


Property Project : (Pending)
Location : Tanjung Tokong, Penang
Property Type : Affordable housing & shop offices
Built-up Area: 850 sq.ft. 
Total Units :
 2,155
Land Tenure: Leasehold
Developer : Ideal Property Group

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Just how much more development can Penang take, concerned observers ask

Property News/ 14 January 2015 5 comments

In the first two parts, we had looked at development practices and the open space policy in the Klang Valley area, where demand for new properties is making land even more scarce. Today, we look at the issue of determining the limits to development, and in Penang island’s case, how much more it can take.

Wanting to spend their golden years in Asia, Dennis, a 60-something retired engineer from Europe, and his wife, chose Penang for the sea breeze, sunny skies, greenery and local hospitality that the island to the north of Malaysia’s capital, Kuala Lumpur, is known for.

They invested in a house in the idyllic Batu Ferringhi tourism belt and for the past five years, as expatriates, have attested to Penang’s reputation as one of the most attractive and livable islands in Asia.

That was until recently, when they learned of a multi-storey high-density mixed development project which will be built just yards behind their home – despite the Batu Ferringhi area being designated for low-density projects under the Penang Island Structure Plan.

A recent string of construction-related controversies that include ugly hill cuttings, urban flash floods and traffic congestion is changing perceptions about Penang’s liveability and raising questions as to how much more development the island can take before its environment starts to degrade and the quality of life for residents suffer.

Such limits, or carrying capacity, however, have never been confirmed by the state.

Yet, with population growth on the island projected to rise from the current 750,000-odd people to 871,000 in 2020 and 989,400 by 2030, demand for property is likely to escalate, making a declaration on the island’s carrying capacity all the more crucial.

The matter was studied when the drafts of the Penang Island Local Plan and the State Structure Plan were being prepared a few years ago but information on the carrying capacity was never disclosed.

State executive councillor Chow Kon Yeow said the study had looked at land availability for future growth, and the spaces and facilities available.

“From there, we decided on zoning rules, plot ratios, and limiting development in environmentally sensitive areas; as well as gazetting hill land, catchment areas and even padi fields,” he told The Malaysian Insider in an interview.

But Chow, who is in charge of local government, traffic management and flood mitigation, admitted that the state wanted to maximize land use – which meant allowing hillslope and high-density developments.

This is in view of expected demand for new property as the island’s population increases. As it is, there were a total of 2,595 planning approvals issued, of which 552 projects took place from 2000 to October this year, according to the Penang Island Municipal Council (MPPP).

Despite the anticipation of new properties in the pipeline, councillors from the MPPP themselves are not even sure if findings on the island’s or state’s carrying capacity are available.

None have ever been sighted, said councillor Lim Mah Hui.

“I am not sure if they are in the two plans,” he said, referring to the draft local and structure plans.

“Yes, there are zoning rules, plot ratios and some guidelines on hill development, but they are not justified by carrying capacity,” said Lim.

This situation begs the question of what the authorities use as yardsticks to determine if new development will overtax the island’s resources.

In the absence of such information, Lim suggested that road congestion could be used as a good reference point.

The draft of the state’s Transport Masterplan already warns that as the population rises, travel demand will increase by 50% or more by 2030. Without significant improvements, the island would see its roads getting more congested and traffic moving at reduced speeds.

A study for the master plan has found that there are a quarter of a million vehicular trips being made during peak morning hours every working day in the state.

Of these, 42.5% are within the island, underscoring the strain faced by the limited road system.

Acknowledging calls for development controls, Chow said the state government had to look at ways to maximize land use to cater to Penang’s growing population.

Inevitably, this means building on hillslopes and allowing higher density developments.

“Due to such pressures, there will be a need to release more land for growth and also to look into more efficient traffic management and public transport,” he said.

The state also cannot stop new development outright as much of the land does not belong to the government, Chow added.

Real Estate and Housing Developers’ Association of Malaysia (Rehda) Penang chairman Datuk Jerry Chan said the issue of the island’s carrying capacity was tied to population growth as a result of job opportunities and tourism, among other factors.

This also implied that the state government had to decide what it wanted Penang to be.

The increase in more real estate, like houses, hotels, malls, factories, offices and BPO centres (business process outsourcing), is a by-product of population growth, he said.

“That is due to migration, tourism, job opportunities and other factors that draw people here. Do we stop or welcome people to Penang to work, live and visit?

“Do we become a victim of our own success? This is something we must decide,” he told The Malaysian Insider.

One way to help the island cope was to shift the development focus to Seberang Perai or mainland Penang, where more land was available. Three times the size of the island, Seberang Prai’s population is projected to soar from 840,000 currently to 1.46 million in 2030.

Penang’s history and status as a well-developed cultural and tourist attraction, however, have caused a certain degree of “bias” among islanders towards living on the grittier, smoggier mainland, and Chan said it would take time for the state to make mainland Penang more attractive. This would mean upgrading and creating infrastructure there as well as better-paying jobs.

To date, the delay in gazetting development blueprints for Penang island has taken on a political dimension, with the state Barisan Nasional (BN) opposition criticising the long wait for the Local Plan to take effect.

State opposition leader Datuk Jahara Hamid had said at the Penang State Assembly recently that the absence of an enforceable local plan has allowed the State Planning Committee (SPC) chaired by the chief minister to approve projects that are controversial and allegedly inappropriate to surrounding existing communities.

“As there is no local plan, there are no limits to planning and approvals,” she said, noting that this has resulted in resulted in the green light for high-rise and high-density projects in areas originally slated as low-density zones.

The state government’s reason for the delay in gazetting the Local Plan is apparently to incorporate the Special Area Plan (SAP) for the George Town Unesco-listed heritage zone, but this document has yet to be finalised.

In the meantime, Dennis, the retired engineer from Europe, and his wife, are now looking at moving away, possibly to Bali.

“We were happy here. That’s why we invested our money and bought a house,” the elderly man said. “But this kind ofdevelopment scares us as foreigners. I feel very unsafe and insecure.

“We know development needs to happen, but is this the correct way to do it?”

Source: The Malaysian Insider

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Artis 3

Jelutong/ 13 January 2015 342 comments /中文版

artis-3

Artis 3, a residential development by Airmas Group, within the Jelutong township in Penang. This development is strategically located along Jalan Jelutong, next to Altus SOHO commercial suites.

The development consists of the following:

  • Four blocks of condominium with recreational area and 8 levels of multi-storey car park
    • Block A: 33-storey condominium (161 units)
    • Block B: 37-storey condominium (201 units)
    • Block C: 29-storey condominium (141 units)
    • Block D: 19-storey condominium (31 units)
    • Block E: 30-storey apartment (158 units)
  • 3 units of 3-storey terrace houses

UPDATE (14/08/2017): 

Block B, C & D are currently open for booking. Smallest unit available now is 1,100 sq.ft., with an indicative price from RM700k onwards.

Project Name : Artis 3
Location : Jelutong, Penang
Property Type : Residential development
Built-up Size: 700 sq.ft. onward
Tenure : Freehold
Developer : Airmas Group

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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