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Taman Gamelan Ria – Phase 2

Sungai Bakap/ 12 May 2015 7 comments

The second phase of Taman Gamelan Ria by New Edition Development Sdn. Bhd. in Sungai Bakap, Penang. It is located off Jalan Gamelan, a mere minutes drive from SRJ(C) Chong Kuang. Other amenities such as convenient stores, banks, eateries and markets are also just a short drive away.

The current phase consists of 32 units 2-storey terrace houses with typical lot size of 20 ft. x 65 ft.. Indicative price starts from RM368,000 onwards.

Other Phases:

  • Phase 1 – 2-storey terrace (36 units)
  • Phase 3 – 2-storey terrace (46 units)

Property Project: Taman Gamelan Ria – Phase 2
Location: Sungai Bakap, Penang
Property Type: 2-Storey Terrace
Land Area: 20′ x 65′ onwards
Tenure: Freehold
Total Units: 32
Indicative Price: RM 368,000.00 onwards
Developer: New Edition Development Sdn. Bhd.

Location Map:

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Mainland Penang rising, secondary choice to island ending.

Property News/ 10 May 2015 82 comments

by Charles Tan

If you stay in Penang, mainland is considered a secondary choice. Island is the main focus and majority would choose to stay in island over mainland. Well, one major reason would also be due to the employment opportunities in the island. Think of any foreign multinational paying higher than the usual salaries and you would understand why people like to stay in island. They have no need to face jams everyday when they cross the bridge. The jams are also getting worst. One hour is considered usual these days. Batu Kawan potential today is more seafood restaurant related.

This may change. investPenang director Datuk Lee Kah Choon said that there were 6,000 acres of land available for development in Batu Kawan and it is now accessible via the second bridge. Industrial development would comprise 1,500 acres which meant employment opportunities are likely to rise from today. Another 2,000 acres would be for mixed-development projects while residential and eco-tourism developments would take up 2,000 acres. What do you get when you have business, leisure and pleasure at the same place? Well, the boom starts and the price goes up. Fortunately, this summary is also backed up by details. Some confirmed ones include The Aspen Vision City (AVC) which is where IKEA is located, Penang International Technology Park (PITP), RM1bil Penang Designer Village, a golf course, a theme park as well as 12,000 new affordable high-rise units would also be built. The LARGEST shopping mall in the northern region would also be built there by the Belleview Group.

With all these, perhaps it is true that mainland’s price may just catch up with the island in the near future. Eco World said that their new launches in mainland would be priced similar to the island. Read here: Buying Batu Kawan? Same price as island. Anyway, the most important catalyst which is the connection between island and mainland is ready. Once all these planned starts to show progress, the mindset may change. Only then would mainland be secondary to island no more. Don’t buy for investment yet. Please proceed to buy for own stay. If you can truly like it, very soon many would too. Happy waiting.

>> This opinion article comes courtesy of my friend, Charles, the founder of kopiandproperty.com. He is popular for sharing his thought on property investment mostly based on his own 12 years experience as well as from all the readings and conversations with property gurus in the industry. (Source)

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Taman Teratai @ Sungai Bakap

Sungai Bakap/ 7 May 2015 5 comments

Taman Teratai, a new residential development by Ng Khye Soon Construction Sdn. Bhd. in Sungai Bakap, Penang. It is located immediately opposite of Taman Kuang, only a few minutes drive away from SRJ(C) Chong Kuang. Many other amenities such as convenient stores, banks, eateries and markets are also just a short drive away.

This development comprises 29 units of extra-large 2-storey terrace houses with 3 different design types. The smallest type has a built-up area of 22ft x 45ft. All units are designed to face North-South enhancing natural ventilation.

Estimated driving time (based on Google map):

  • To Penang main bridge toll – 27 minutes
  • To 2nd Penang bridge toll – 15 minutes
  • To Bayan Lepas FTZ via 2nd Penang bridge – 35 minutes
  • To Auto City – 23 minutes
  • To Bandar Tasik Mutiara – 15 minutes
  • To Jit Sin High School Branch (under construction) – 8 minutes

Property Project: Taman Teratai
Location: Sungai Bakap, Penang
Property Type: 2-Storey Terrace
Land Area: 22′ x 65′ onwards
Built-up Area: 22′ x 45′(Type A), 22′x 48′(Type B) and 22’ x 50’(Type C)
Tenure: Freehold
Total Units: 29
Indicative Price: RM 448,888.00 onwards
Developer: Ng Khye Soon Construction Sdn Bhd

Location Map:

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Penang plans coastal ferry transport

A coastal ferry ­service with multiple terminals to shuttle people and cars from one point on the island to another may become a reality by the next decade.

This follows the willingness of the Penang Port Commission (PPC) to hand over ferry services to the state government.

Sources in the state government said the idea cropped up last year during the development of the Penang Transport Master Plan.

“The plan is to build terminals for ferries to shuttle between Butterworth, George Town, Gurney Drive, Gelugor and Bayan Mutiara near Queensbay Mall,” the source said.

Another source within the Penang Transport Council said such an idea was “beautiful as it would be easy to do”.

“We won’t have to build roads, just terminals and then use the surrounding sea. It will be cheaper compared to building more roads on the island.”

The source said the plan included high-speed passengers-only ferries and also ferries that would transport cars, motorcycles and bicycles.

“Not everyone will be willing to be only pedestrians. If they are not in a rush, they can drive into ferries from one side of the island and take a slow ride to the other side. This will play a great role in reducing island traffic.”

The source added that such a ferry service was contained in Level Four of the transport master plan, which was projected to cost RM11.7bil.

In welcoming PPC’s willingness to hand over the ferry services, Chief Minister Lim Guan Eng had asked for permits for purchases of 30 additional ferries to go with the deal.

He said the coastal ferry service plan would be explored in greater detail if the ferry service was handed over to the state.

“To make the service viable, we must have a scale. That is why we ask to operate 30 ferries. If we have too few, then it won’t be viable.”

Meanwhile, Penang Port Sdn Bhd (PPSB) chairman and chief executive officer Datuk Mohd Sidik Shaik Osman said the idea was good if there was a demand for such a mode of public transportation.

“However, under present circumstances where the fare is regulated and kept at the very minimum, I’m not sure if it will make economic sense. It will only be viable if the operator is given government assistance or subsidies, or given the opportunity to set their own fare and rates.”

Mohd Sidik also noted that from Penang Port’s experience, the waters around the island could be choppy at certain times of the year and safety was of paramount importance.

PPSB is the current owner and operator of Penang’s ferries.

Source: TheStar.com.my

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