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Fortune Extravaganza by Hunza: Win Prizes Worth RM388,888 & Lantern Festival Event on 24th Feb!

Events & Promotions/ 7 February 2024 Comments off

CNY 2024 edm-penang property talk 1.1

Join Hunza for Fortune Extravaganza,  discover an all new fully furnished smart urbanite home in PICC and win big prizes worth RM388,888*!

But that’s not all – mark your calendars for the Lantern Festival Event on 24 Feb, from 5pm to 9pm. Bring your family and friends along for an evening filled with a variety of fun activities. It’s a celebration you won’t want to miss!

VENUE
PICC Sales Gallery
Lot 6029, Jalan Tun Dr. Awang, Mukim 12, Daerah Barat Daya,
11900 Pulau Pinang, Malaysia
Website: https://picc-penang.com/senze

Open Daily from 10AM – 6PM

For more enquiries, contact Hunza at +604-6090688  

Air Itam-Tun Dr LCE Expressway bypass reaches 42% completion

Property News/ 6 February 2024 No comments /中文版

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The current 40-minute drive from Bandar Baru Air Itam to the Tun Dr Lim Chong Eu Expressway will soon be significantly reduced to less than 10 minutes with the completion of the Bandar Baru Air Itam-Tun Dr Lim Chong Eu Expressway bypass (Package Two).

This milestone project is tentatively scheduled for completion next year (2025). The estimated cost of the project was RM851.04 million.

Penang Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari said the overall physical progress of the project was 42% as of early January this year.

“The Package Two 5.7km-alignment is divided into six sections.

“Most of the civil works have already shown encouraging progress, among them are bored piling works, the construction of piers and crossheads for the viaduct structure, the construction of slope stabilisation structures using the soil nailing method, construction of reinforced earth wall (RE wall), cut and fill, as well as the widening of existing roads.

“The utility (Penang Water Supply Corporation pipes, Tenaga Nasional Berhad and Telekom Malaysia cables) relocation works have been completed at Section One.

“Major construction works such as controlled rock blasting, RE wall, rock breaking, soil nailing, platform preparation, soil improvement, rock hacking and excavation, are being conducted at Sections Two, Three and Four.

“Utility (Indah Water Konsortium pipes, Tenaga Nasional Berhad and Telekom Malaysia cables) relocation works are ongoing at Section Five besides other construction works which include site clearing, soil improvement and preparation of road base for permanent slip road,” Zairil told Buletin Mutiara recently.

He added that utility piloting works are scheduled to begin at Section Six this month (February 2024).

Zairil said Penang must continue upgrading its infrastructure and facilities.

“The state must uphold its economic and social competitiveness while adapting to the evolving needs of Penangites, businesses, and visitors. Penang stands as one of Malaysia’s thriving economic hubs.

“Better infrastructure makes it easier for people to get around and helps local businesses succeed,” he added.

Consortium Zenith Construction Sdn Bhd is the design and build contractor, while Penang Infrastructure Corporation is the implementing agency for the project.

Package Two comprises three interchanges – Interchange One (at Lebuhraya Thean Teik), Interchange Two (Jalan Bukit Gambir-Jalan Sultan Azlan Shah) and Interchange Three (at Tun Dr Lim Chong Eu Expressway) which will involve a left in-left out junction, and an elevated U-turn.

Other project scopes include upgrading and improving the drainage system, upgrading existing roads involved in the project area, and utility relocation work.

Source: Buletin Mutiara

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Klippa Shopping Centre expands its horizon with Decathlon and Soccer Experience @ Klippa Batu Kawan

Property News/ 5 February 2024 No comments /中文版

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Klippa Shopping Centre is proud to announce its latest endeavors, marking a significant expansion in its offerings. The commencement of the construction for Decathlon’s northern standalone Flagship and the introduction of Soccer Experience @ Klippa Batu Kawan, Powered by IKEA, signify notable milestones for Ikano Centres’ meeting destination in North Malaysia.

Ikano Centres had already revealed their commitment to Decathlon with the addition of their third store, following MyTOWN Shopping Centre and Toppen Shopping Centre, back in 2023. The groundbreaking ceremony that took place two weeks ago kickstarted the construction of Decathlon’s 20,000 sq. ft. store at Klippa Shopping Centre, with Ikano Centres investing a substantial RM 20 million in its development. This new outlet marks Decathlon’s second store in the state of Penang and its initial venture on the mainland of North Malaysia.

Simultaneously, Klippa is rolling out the Soccer Experience @ Klippa Batu Kawan, Powered by IKEA, a community-driven project in collaboration with Soccer Experience. This initiative, much like Decathlon, is dedicated to promoting a healthy lifestyle within North Malaysian communities and building connections among football enthusiasts of all ages. The expansive 170,000 sq. ft. space includes two pitches, featuring an 11-aside open airfield and a 7-aside covered field, complemented by a clubhouse with ample facilities. Both Decathlon and Soccer Experience align seamlessly with Ikano Centres’ strategy of developing family-centric destinations with a focus on a healthy lifestyle.

Arnoud Bakker, Commercial Director of Ikano Centres, expressed his enthusiasm, stating, “This inclusion diversifies our retail offering, specifically tailoring our offer to cater to the needs of Batu Kawan’s fast-growing community. The ground-breaking ceremony marks the beginning of another chapter in Klippa’s development, contributing to our aim of being the heart and hub of the Batu Kawan township.”

Decathlon Malaysia’s CEO, Jiao Li, highlighted the shared dedication to providing an enriching experience for the Batu Kawan community and beyond. She mentioned, “We are truly honoured to contribute to the happiness and health of the growing Batu Kawan community and look forward to becoming an integral part of this community’s journey.”

Klippa Shopping Centre initiates next phase of development, contributing to their aim of being the heart and hub of the Batu Kawan township, located in Aspen Vision City

The Klippa mixed-use development, covering 51 acres of land, boasts a Total Gross Build Area (GBA) of 6.5 million square feet and a Total Gross Development Value (GDV) of RM3.5 billion. Future mixed-use developments are already in the pipeline, including an additional 800,000 square feet of shopping centre space. This expansion is expected to house approximately 300 tenants, further enhancing Klippa Shopping Centre as a community meeting destination.

Bakker added, “This is just the beginning, and we look forward to introducing more diverse and innovative offerings in the future to create a destination for the many.”

In addition to the commercial elements, Klippa’s master plan also includes residential units, with plans for around 4,000 to 4,500 units to be developed over the next 6 to 9 years. The Gross Development Value for the mixed-use components is projected to be between approximately RM2 to RM2.5 billion.

Klippa Shopping Centre invites the public to join in the celebration of this significant milestone. Stay connected with @klippashoppingcentre on Instagram for updates and be on the lookout for their expansion plans into other Southeast Asian countries throughout 2024, as they continue to strengthen their growing portfolio. The future of Klippa is undoubtedly promising, with a commitment to enhancing community life and well-being at its core.

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Works on Penang Hill cable car to start in April after approvals obtained

Property News/ 5 February 2024 No comments

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The Penang Hill cable car project will start in April this year, said Penang Hill Corporation (PHC) general manager Datuk Cheok Lay Leng.

He said the groundbreaking ceremony for the project will be held in April.

“We have obtained the necessary approvals, including the EIA and planning permission,” he told reporters after a reopening ceremony of the Penang Hill Station this morning. The EIA refers to the environmental impact assessment.

He said the project is expected to take about 18 months but it will also depend on weather conditions especially when the project is in sensitive hilly areas.

Penang Chief Minister Chow Kon Yeow said the National Physical Planning Council has also approved the project.

The tender for the project was awarded to local rail industry pioneer, Hartasuma Sdn Bhd, through a public-private partnership (PPP) on design, finance, build, operate and transfer. Hartasuma is expected to invest RM245 million in the project and the project is based on a 30-year concession period.

Earlier, Chow officiated the reopening of the newly upgraded Penang Hill Station.

The RM10.9 million project, which took over three years to complete, now has a new holding area on the first floor and can accommodate 700 visitors, an increase from the previous capacity of 250 people. The project also expanded the existing building floor space from 800 sqm to 1,422 sqm.

Chow, in his speech, said the upgrading works combined the existing century-old building with new upgrades. He also announced that the station will be renamed Penang Hill Station from Penang Hill Upper Station. He said the upgraded and expanded station will be able to cater to the increasing number of visitors to the hill resort.

In January this year, Penang Hill received 94,927 visitors.

“The Penang Hill Station also uses green and sustainable practices such as renewable energy, rainwater harvesting and automatic lighting,” he said.

He said the station will be able to obtain the gold category of the Green Building Index (GBI).Now that the hill station upgrading works is completed, he said they will continue with the upgrading works of the Astaka Bukit Bendera soon.

Source: MalayMail.com

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Phase 1 of the Gurney Bay opens to public today

Property News/ 4 February 2024 No comments /中文版

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The physical works for Phase One, also known as Priority 1, of the Gurney Bay project, have been completed and are now open to the public as of today.

The Gurney Bay project, valued at RM247.8 million, is divided into two phases: Priority 1 and Priority 2.

Priority 1, covering 27.70 acres, includes various components such as a children’s play area, skate park, south vantage point viewing deck, public toilets, pedestrian promenade, hawker stalls, retail areas, recreation park, hawker kiosks, open car park space, and south water body reclamation area.

In contrast, Priority 2 (74.10 acres) encompasses a hawker centre, retail area, convenience stores, north viewing deck, public toilets, additional hawker kiosks, multi-storey car park, open car park, water garden, surau, water taxis jetty, man-made beach and boardwalk, refuse centre, north water body, and more.

Chief Minister Chow Kon Yeow mentioned that Priority 2’s current progress is at 40%, with an expected completion in mid-2025.

He added that 1,500 trees and 10,000 tree saplings have been planted in Priority 1, and 3,041 trees will be planted in Priority 2.

“Priority 1 has 64 parking lots, and Priority 2 will have 736. We will consider adding more parking lots in Priority 1 once both phases are completed,” Chow said.

During a site visit, Chow expressed his satisfaction with the progress, saying that it was his first visit since the groundbreaking ceremony in 2022.

“I am pleased to witness the development of the Gurney Bay project, an initiative by the Penang government. I hope the people of Penang will embrace this project and enjoy the space with their families,” Chow told Buletin Mutiara during a site visit today.

Present at the site visit were Yang di-Pertua Negeri Tun Ahmad Fuzi Abdul Razak, Deputy Chief Minister II Jagdeep Singh Deo, state Local Government, Town and Country Planning Committee Chairman Jason H’ng Mooi Lye, former Penang Chief Minister Lim Guan Eng who is also the Air Putih assemblyman, Penang Island City Council (MBPP) mayor Datuk A. Rajendran, and Chief Minister Incorporated (CMI) deputy general manager Datin Bharathi Suppiah.

Earlier, Chow, along with Ahmad Fuzi and other dignitaries, participated in a tree-planting activity symbolising the opening of Priority 1 for the Gurney Bay project.

Source: Buletin Mutiara

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