If  you are interested in affordable housing projects, officers from the state housing department together with PDC will be in two different locations, namely Tesco (e-Gate) and PDC Sales Gallery (Batu Kawan), for the ‘Mission: Home-Possible’ road-show, to showcase affordable housing projects as well as assisting potential buyer to submit their completed application forms.

Click on the link below to find out more details about affordable housing projects in Penang. There are currently 8 projects open for registration.

>> Full list of Affordable Housing in Penang <<

Applicants are advised to bring along the following documents to facilitate their registration:

• Photocopy of applicant’s identity card and their spouse
• Photocopy of certificate of marriage / sijil nikah / statutory declaration of marriage
• Photocopy of certificate of divorce or death certificate of spouse (if relevant)
• Photocopy of children / dependents’ identity card or birth certificate
• Confirmation letter of employer / photocopy of pay slip for both applicant and spouse
• Employee’s Provident Fund (KWSP) statement of applicant and spouse
• Letter of confirmation from KWSP if the applicant or spouse are not EPF contributors
• Statutory declaration of income for applicant and spouse (for those running their own business / working on their own)
• Photocopy of business registration certificate / trade license (for those running their own business)
• Form B of Income Tax (for those running their own business)
• Photocopy of OKU card (if relevant)
• Letter of confirmation by employer confirming residence of at least 5 years in Penang

The eligibility criteria for applicants for affordable housing, are as follows:-

• must be a Malaysian citizen
• born in Penang, working in Penang and a registered voter in Penang; or having resided in Penang for at least 5 years as at the date of application, and a registered voter in Penang
• 21 years old and above
• nett household income of not more than RM2,500 for low cost units
• nett household income of not more than RM3,500 for low medium cost units
• nett household income of not more than RM6,000 for affordable housing units under RM200,000
• nett household income of not more than RM8,000 for affordable housing units under RM300,000
• nett household income of not more than RM10,000 for affordable housing units under RM400,000
• for low and low medium cost units, the applicant must not have owned any property in Malaysia
• for affordable housing units, the applicant will be given priority if he or she does not own any property in Malaysia but if they have owned either a low or low medium cost unit, the applicant may still be considered

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A newly upgraded stretch of Jalan Masjid Negeri here has reduced traffic congestion during rush hour by some 15% according to the Penang Island City Council Engineering Department deputy director A. Rajendran.

He said the 600m stretch had been widened between 12m and 16m under a RM7.29 million project which was completed earlier this month.

Rajendran said other improvements to the section of road near the Jalan Udini roundabout include a U-turn just before the roundabout with dedicated entry and exit lanes.

He said removing the traffic lights at the Jalan Masjid Negeri and Jalan Delima intersection also allowed for smoother traffic flow.

“The Council is continuously monitoring the traffic flow so as to be able to further fine tune the system,” he said in a press conference today together with Penang Local Government Committee chairman Chow Kon Yeow.

On the delay of the project originally scheduled for completion in Sept 2013, Chow said relocating trees and underground utility cables and pipes took up a lot of time.

He said there were 60 trees along the upgraded section which were relocated while utility companies had to remove and replace their pipes and cables.

“Relocating the trees caused a 10-month delay while removing and replacing utility cables and pipes caused an eight-month delay,” he said.

Source: TheSunDaily.my

The first property project on land alienated in relation to Penang’s massive highway and traffic mitigation venture will have a gross development value of RM800mil.

Ewein Bhd and Consortium Zenith BUCG Sdn Bhd will undertake the mixed development project on 3.67 acres in Bandar Tanjong Pinang.

In a filing with Bursa Malaysia yesterday, Ewein said that it was expected to start in the second half of this year.

Yesterday, the Penang Island City Council approved the building plans for the development on the parcel of land alienated to Ewein Zenith, a 60:40 joint venture between Ewein and Consortium Zenith.

The parcel forms part of the 110 acres of freehold land to be alienated by the Penang government to Consortium Zenith or its nominees as partial payment for construction works on the RM6.3bil mega project which includes a 6.5km undersea tunnel. Consortium Zenith is also allowed to collect toll for the undersea tunnel for 30 years.

Ewein did not reveal the specifics of the proposed development in its announcement yesterday, but it did mention broadly in a circular to shareholders dated June 12, 2014, that the development would be a combination of residential and commercial units.

The circular to shareholders named the consortium’s shareholders as Datuk Zarul Ahmad Zulkifli’s Zenith Construction Sdn Bhd with a 99.94% stake, China state-owned Beijing Urban Construction Group (BUCG) (0.02%), niche contractor Juteras Sdn Bhd (0.02%) and Sri Tinggi Sdn Bhd (0.02%). Past press reports had assigned different equity stakes to the consortium members, including a 10% stake each for BUCG, Juteras and Sri Tinggi.

Ewein Bhd, via unit Ewein Land, will pay RM79.8mil to Consortium Zenith for the 3.67-acre land that has been valued at RM133mil (equivalent to 60% of the land value).

This marks the first property development project undertaken by Ewein, whose core business is precision and fabricated sheet metal manufacturing.

On the rationale for the diversification, Ewein said it was to mitigate any risk of dependency in its core business that fell within the electronics industry, “a competitive and rapidly evolving industry.”

The company said its proposed joint venture with Consortium Zenith was expected to result in a diversion of more than 25% of the net assets of the group to the property development business.

According to the circular, the group envisaged that profit would be shared in accordance to the respective shareholding percentages of Ewein Land and Consortium Zenith in Ewein Zenith.

Consortium Zenith was awarded the feasibility studies and detailed design works for Penang’s largest infrastructure project following an agreement inked with the Penang government in October 2013. The project comprises a RM6.3bil integrated road transport and traffic mitigation project comprising a 6.5km undersea tunnel, a 4.2km bypass from Gurney Drive to Tun Dr Lim Chong Eu Expressway, a 4.6km bypass between Tun Dr Lim Chong Eu Expressway and Bandar Baru Air Itam, and a four-lane 12km road from Jalan Tanjung Bungah to Teluk Bahang.

Source: StarProperty.my

A proposed mixed residential development by BSG Property in Tanjung Bungah, Penang. It is located off Jalan Poh Heng, just a stone’s throw away from Hillview Garden and Desa Embun Emas apartment.  The development will consists of the following:

• 50-storey condominium with 8 levels of car parks and one facilities floor (2 towers,  365 units)
• 49-storey condominium with 6 levels of car parks and one facilities floor (185 units)
• 34-storey low medium cost with 5 levels of car parks and facilities (343 units)
• 3-storey bungalows (21 units)

More details to be available upon project launch.

Project Name : (Pending approval)
Location : Tanjung Bungah, Penang
Property Type : Condominium & bungalows
Developer : BSG Property

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Residents of Tanjung Bungah are concerned over a proposed high-density development, which is expected to cause traffic congestion in the area.

Desa Embun Emas (DEE) Apartments Council chairman George Lee said residents foresaw an additional 2,000 cars in the vicinity based on an estimation of two cars for each household.

“We are not against development but are merely concerned over the immense density of the proposed project. Such a project must be carried out responsibly.

“If the project is approved, surely, the existing roads will be barely adequate to cater to the increased number of vehicles belonging to the units.

“We hope the Penang Island City Council and state government will abide by the Penang State Structural Plan 2007, which states that there should not be more than 15 units per acre (0.40ha) within the Tanjung Bungah area,” he said during a press conference at the apartments community hall on Saturday.

Lee said at least two new roads leading to the main Tanjung Bungah road must be built before the actual construction of the proposed project.

He said that there should also be adequate buffer zone, at least 30m from the property of the affected residents, as well as a green lung and parks.

DEE council member Susan Siew said the residents just wanted their issues and concerns to be addressed before any approval is given to the proposed pro-ject.

“We want to know what is the state government’s policy on density and height of buildings in Tanjung Bungah and Penang island,” she said.

Tanjung Bungah assemblyman Teh Yee Cheu, who was also present, said he strongly opposed to the ‘height’ and density of the project.

“The residents here must let their voices be heard,” he said.

Source: StarProperty.my