fbpx

Seberang Jaya market to open in December with upgraded amenities

Property News/ 7 November 2024 No comments

seberangjaya-market

Residents of Seberang Jaya and nearby areas in Butterworth can look forward to the opening of the long-awaited Seberang Jaya Market and Hawker Centre in December.

Penang Chief Minister Chow Kon Yeow said the RM19.5mil project was expected to receive its Certificate of Completion and Compliance (CCC) by the end of this month.

“Once the CCC is obtained, the facility will be handed over to the Seberang Perai City Council (MBSP) for management,” he said during a site visit.

The new market complex, designed to meet Green Building Standards (GBS), will offer improved amenities such as trading stalls, parking spaces, and covered trading areas.

Chow said it would accommodate 263 stalls, with 239 allocated to original traders and 24 reserved for vendors who used to operate around the market vicinity.

To ensure a smooth transition, he said MBSP would conduct a stall allocation draw for the original traders soon.

Additionally, the developer has built a covered trading space with over 200 lots to accommodate more traders who previously operated outside the market, addressing feedback from stakeholders.

The new market complex will offer over 400 parking spaces, accessible facilities for people with disabilities, public restrooms and a prayer room, creating a more comfortable environment for both vendors and patrons.

Chow expressed hope that local traders would collaborate with the MBSP to effectively upkeep the public market.

He welcomed constructive suggestions to enhance the market experience for both vendors and customers, which in turn could boost business and increase vendors’ income.

The new market and hawker centre was developed on about five hectares of land owned by Penang Development Corporation.

It was funded by Zubicon Development Sdn Bhd through a cross-subsidy from their residential and commercial development profits.

Also present were local government committee chairman H’ng Mooi Lye, Zubicon Development Sdn Bhd director Lim Beng Keong and MBSP representatives.

Source: TheStar.com.my

Tags: ,

Penang undersea tunnel feasibility study delayed due to port expansion plans

Property News/ 6 November 2024 1 comment

undersea-tunnel-

The feasibility study on the proposed Penang undersea tunnel project aimed at reducing congestion in the state is yet to be completed due to certain factors.

Transport Minister Anthony Loke said one of the factors was that there is still no decision on an expansion project for the Butterworth port.

“Based on information from the Penang government, the feasibility study has not been completed due to certain reasons. This includes the planning for the expansion of the port in Butterworth,” he said in a written reply in the Dewan Rakyat.

Loke was responding to a question from Dr Siti Mastura Muhammad (PN-Kepala Batas) who wanted to know the status of the undersea tunnel project.

For the record, the tunnel project envisions a 7.2km-long route connecting Gurney Drive on the island to Bagan Ajam on the mainland. It is part of the Penang Transport Master Plan 2023-2053.

The project is being wholly planned and carried out by the state government.

Loke said any construction of the tunnel for vehicle use would fall under the jurisdiction of the Works Ministry.

Source: NST Online

SITE PROGRESS: Maldives Residences (Nov 2024)

Property News/ 5 November 2024 No comments

maldives-residences-site-progress-nov2024-1

About Maldives Residences

A residential development by Ideal Property Group at Bayan Lepas. Strategically located along Jalan Sungai Tiram 6, just across the road from Havana Beach Residences. It is conveniently connected to Jalan Tun Dr Awang, less than 2km away from Penang International Airport. This development comprises 46-storey building with 4 residential towers. It features a mix of affordable and upgraded units, with a built-up size of 850sq.ft. onwards.

Find out more about Maldives Residences

Subscribe here for updates on this project and other property news

(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.

Taman Bistari Jaya

Nibong Tebal/ 4 November 2024 No comments

taman-bistari-jaya-main

Taman Bistari Jaya, a 21-acres mixed development by Mapahill Development Sdn. Bhd. within the township of Nibong Tebal. Located between Jalan Sungai Daun and Jalan Ooi Kar Seng, adjacent to Taman Bistari. It is only 4km away from Jawi toll plaza, about 20 minutes drive to Penang Second bridge.

The first phase of development includes a mix of 2-storey semi-detached homes with a built-up size of 2,164 sq.ft. and terrace homes starting from 1,798 sq.ft. Indicative prices for the terrace homes start at RM734k, while semi-detached units begin from RM912k. Future development plans feature additional terrace, semi-detached, and bungalow houses, along with a few shop office units.

Project Name : Taman Bistari Jaya
Location : Nibong Tebal
Property Type : Semi-detached & terrace
Tenure: Freehold
Built-up Size: 1,798 sq.ft. onwards (terrace), 2,164 sq.ft. (semi-detached)
Total Units: 42 (terrace), 12 (semi-detached)
Indicative Price : RM734k onwards (terrace), RM912k onwards (semi-detached)
Developer : Mapahill Development Sdn. Bhd.

Register your interest here for updates on this project and other property news

(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.
LOCATION MAP

DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider, or party in question.

Penang among top spenders in Malaysia for decent living

Property News/ 3 November 2024 3 comments
monthly-expense

Source: Department of Statistic, Malaysia

Households in Kuala Lumpur, Selangor and Penang spent the highest amount per person per month last year on “basic expenditure for decent living”, according to the statistics department.

A national average of RM1,314 a month was recorded for households in Malaysia according to the department’s report on 2023 cost of living indicators, released today. Food accounted for 35% of the amount, the department said.

The basic expenditure figure for urban areas was recorded at RM1,423 a month, while that for rural areas came to RM927. “The difference is influenced by the average household size – 3.7 persons in urban areas and 4 persons in rural areas.”

The top three states for the highest basic expenditure per person were Kuala Lumpur (RM1,755 a month), Selangor (RM1,630) and Penang (RM1,471) while the lowest expenditures were in Kelantan (RM1,018), Perlis (RM1,026) and Kedah (RM1,034).

The department said people in urban areas spent RM467 per person on food every month, compared to RM411 in rural households.

Selangor recorded the highest mean per capita expenditure for food at RM507 a month, followed by Johor (RM476) and Melaka (RM471), while the lowest figures were for Kelantan (RM388), Perlis (RM392) and Terengganu (RM403).

Non-food items made up 65% or RM859 of the total per capita monthly basic expenditure; in urban households, the figure was RM956 a month, and RM516 in rural households.

The highest per capita expenditure on non-food items was in Kuala Lumpur (RM1,288), Selangor (RM1,123) and Penang (RM1,013) while the lowest figures were for Kedah (RM625), Sarawak and Kelantan (both RM630).

“The expenditure on non-food items was also influenced by household size and the availability of goods and services in the location,” the report read.

Source: FMT Online

Tags: