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PIA new multistorey carpark is expected to open March 2023

Property News/ 2 December 2022 No comments

pia-new-carpark

Parking woes at the Penang International Airport (PIA) will be a thing of the past as its multistorey carpark is expected to open next March.

The 2,200-bay covered carpark will be able to cater to the needs of travellers who can now leave their vehicles at the airport when heading out on short trips.

Penang infrastructure and transport committee chairman Zairil Khir Johari said the carpark was almost finished.

“I was informed by Malaysia Airports Holdings Bhd (MAHB) that the carpark construction is 99% complete.

“There were issues with the main contractor but they had been resolved.

“It was initially supposed to open to the public in December but this had been tentatively postponed to March next year,” said Zairil who visited the site earlier this month.

“Based on the briefing, there will be no new additions to the carpark,” he said.

The airport with a capacity of 6.65 million passengers per year welcomes some 18,200 passengers daily since the lifting of movement restrictions caused by Covid-19.

“The numbers are rising as more and more flights to Penang are resuming now,” said Zairil.

“The last time we were informed of the numbers by MAHB, the airport was handling around 14,000 to 15,000 passengers per day but this was a while ago, pre-Covid-19,” he added.

The seven-storey carpark, on the existing 650-bay open carpark site, cost RM70mil to build.

During the construction stage, visitors had a tough time looking for parking bays as these were severely limited and scattered around the airport compound.

The construction of the carpark is part of the PIA expansion project mooted in 2008.

However, the project stalled when the government put on hold proposals to build new airports and upgrade existing ones until the aviation sector recovered from the Covid-19 pandemic.

On Oct 5, 2021, it was announced that the PIA upgrading works by MAHB would be postponed while the government looked into several issues including land acquisition.

In a March 27, 2021, report in The Star, then MAHB chief executive officer Datuk Mohd Shukrie Mohd Salleh said that based on the MAHB Penang Airport Masterplan, the PIA would have the capacity to handle 25 million passengers a year.

The 87-year-old airport has undergone several infrastructure expansion over the years, the first starting in 1977.

It was fully operational in 1979 with the capacity to accommodate 1.5 million passengers.

It was later expanded and upgraded in 1998 to accommodate 3.5 million passengers, and up to 6.5 million passengers in 2013.

At present, the four-phase PIA expansion project is on hold pending finalisation of the National Airport Strategic Plan (NASP).

The NASP study on airport development is expected to be completed in 2023 in line with the National Transport Policy.

Options for parking

Currently, those using the parking bays are charged RM2 per hour for the first 12 hours while the rate for parking between 12 and 24 hours is RM24.

Another option is valet parking where motorists are charged RM6 per hour if it is less than 24 hours and RM40 for 24 hours.

A parking attendant, who declined to be named, said many had asked when the multistorey carpark would start operating as they preferred parking their vehicles in a covered lot.

“We have come across many people who leave their cars overnight here as they find it convenient when making short trips.

“Our regulars usually travel for work and leave their cars behind for a night or two.

“They say it is cheaper to pay for the parking here than to take a taxi or use an ehailing service,” he said.

The parking attendant, however, said most of the travellers were concerned about parking their cars out in the open space.

“They prefer parking somewhere that is covered as our weather is unpredictable, and they feel it is safer to leave their vehicles in a building.

“The new multistorey carpark will definitely encourage more travellers to leave their cars here and fly, especially for short trips.

“Besides that, the problem of shortage of parking bays will also be solved once the new carpark opens.

“Since the construction started, many people have been parking illegally while others have had to drive around in circles to look for a parking spot,” he said.

Souce: TheStar.com.my

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Savana @ Utropolis

Batu Kawan/ 30 November 2022 2 comments

savana-utropolis

Savana @ Utropolis is the fourth phase of Paramount Property’s Utropolis development at Batu Kawan. Located along Jalan Cassia Barat 2, adjacent to Sensasi and Sinaran Residences. It is less than 5 minutes’ walking distance to Design Village outlet mall and UOW MALAYSIA KDU Penang University College, with easy access to Penang Second Bridge and North-South Expressway.

This development will see the construction of a 36-storey serviced apartment, featuring 522 residential units with 8 levels of car parking podium. Facilities will be located at 8 & 9th floor, which includes swimming pool, basketball court, aqua gym, BBQ corner, children’s playground and many others.

Project Name : Savana @ Utropolis
Location : Batu Kawan, Penang
Property Type : Serviced Apartment
Built-up Area : (to be confirmed)
Land Tenure: (to be confirmed)
Total Units: 522
Indicative Price: (to be confirmed)
Developer : Paramount Property

Register your interest now to find out more

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(This information may be used by the developer or their appointed agent to initiate follow-up communications with you on the project.)

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Consumers, experts choose the Gold Standard of real estate at the 9th PropertyGuru Asia Awards Malaysia in partnership with iProperty

Property News/ 30 November 2022 No comments /中文版

aam2022

PropertyGuru Group, Southeast Asia’s leading PropTech company, yesterday unveiled the winners of the 9th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my, supported by Kohler and Desjoyaux Pools.

The gala celebration, held at The Majestic Hotel Kuala Lumpur, the official venue of the Awards, presented the nation’s finest developers and projects across 55 titles, as chosen by the country’s most trusted property advisors and the public.

aam2022 mahsingMah Sing Group Berhad won Developer of the Year, the highest honour of 2022. The company also won titles for Best Affordable Homes Developer and Best Developer (Central Malaysia), in addition to Special Recognitions for CSR and in ESG and Sustainable Design and Construction.

Hailed the Best Developer (Southern Malaysia), Matrix Concepts Holdings Berhad also won three Special Recognitions as well as two titles for Bandar Sri Sendayan: Best Mega Township Development and Township Development of the Year. Clover @ Resort Residence, a new residential project by the company, won Best Lifestyle Landed Development.

WM Senibong Sdn Bhd was named Best Township Developer, supported by wins for multiple projects: Emerald Business Park, Crest@Austin; Lagoon Residences; and Ruby Terrace, Crest@Austin.

Other winners in the Developer categories were GuocoLand (Malaysia) Berhad, named Best Lifestyle Developer and honoured for the project Emerald 9; KCC Realty (Best Commercial Developer), also honoured for the project RiverCity Sky Residence; and CPI Land (Best Boutique Developer).

KL Wellness City Sdn Bhd received the title of Consumer Game Changer while SkyWorld Development Bhd was honoured as Visionary Developer.

Sime Darby Property was another big winner at the celebration. The company garnered wins for multiple projects, namely East57, KL East, which won two titles that include Landed Development of the Year; Lot 15, Subang Jaya City Centre (SJCC); The Residences III at The Glades, Putra Heights; The Serenade at The Glades, Putra Heights; and XME Business Park, Nilai Impian.

An independent panel of trusted leaders and experts provided their unbiased perspectives of the competitors during the Live Judging Days in July 2022. The panel of judges consist of Dato’ Sr. Lau Wai Seang, chairperson of the Awards in Malaysia and president of the Royal Institution of Surveyors Malaysia (RISM): 2017-2018; Chris Tia, vice-chairperson of the Awards in Malaysia and principal and managing partner of Tia & Noordin; Blaine Robert, CEO and creative director, Blaine Robert Design; Christophe Vicic, chief growth officer, JLL Property Services (M) Sdn Bhd; Dr. Daniele Gambero, president, Malaysia Proptech Association (MPA); Ho Chin Soon, chairman, Ho Chin Soon Research; Sr Engad Ravana, principal, ER Consult; Datuk Ar. Ezumi Harzani Ismail, president, Malaysian Institute of Architects: 2020-2022; Sr Low Han Hoe, senior manager, Investment & Agency, Nawawi Tie Leung Real Estate Consultants Sdn Bhd; Sr Michael

Kong Kok Kee, president, Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS); Ar. Mustapha Kamal Zulkarnain, founder and principal, Arkitek Mustapha Kamal; Datin TPr. Hjh Noraida Saludin, president, Malaysian Institute of Planners (MIP); Ir. Ong Ching Loon, immediate past president, The Institution of Engineers Malaysia (IEM):2022-2024; Ar Dr Serina Hijjas, vice president, Malaysia Green Building Confederation (MGBC); Assoc. Prof. LAr. Dr. Suhardi Maulan, president, Institute of Landscape Architects Malaysia (ILAM); Tan Hui Yin, partner, Tan Chap & Associates; and Ir. Dr. Zulhkiple A Bakar, managing director, Perunding ZAB Sdn Bhd;

John Ler and Kelvin Chew, international contact partner and managing partner of HLB Ler Lum Chew – HLB Malaysia, respectively, led the third-party team of supervisors who made the selection process as fair, credible and transparent as possible.

Property seekers in Malaysia also had the opportunity to select the 10 finest developers in the country. The People’s Choice Awards, decided by the public, went to CPI Land; GuocoLand (Malaysia) Berhad; Mah Sing Group Berhad; Matrix Concepts Holdings Berhad; Sime Darby Property; Sunrise MCL Land Sdn Bhd; Sunway Iskandar Sdn Bhd; Tropicana Corporation Berhad; UDA Holdings Berhad; and WCT Land Sdn Bhd. Results of the People’s Choice Awards were independently verified by PwC Malaysia.

The editorial team of Property Report by PropertyGuru, the official magazine of the Awards, continued their annual tradition of choosing the recipient of the Malaysia Real Estate Personality of the Year award. This year, the prestigious title was awarded to Tan Sri (Sir) Francis Yeoh Sock Ping PSM, KBE, executive chairman of YTL Corporation Berhad.

The combined efforts of Malaysia’s leading property marketplaces, PropertyGuru.com.my and iProperty.com.my, made the 2022 gala celebration possible. Hari V. Krishnan, CEO and managing director of PropertyGuru Group, said: “Congratulations to the winners of our Awards in Malaysia. We’re glad to have seen two strong brands, PropertyGuru Malaysia and iProperty.com.my, come together and set a single benchmark of excellence in real estate development and design. The union of Malaysia’s leading property marketplaces has truly given us an opportunity to create what’s next in serving the nation’s property seekers better.”

Major winners from Malaysia now qualify to vie for the Best in Asia honours at the 17th PropertyGuru Asia Property Awards Grand Final, which will be hosted in Bangkok on 9 December. The 2022 PropertyGuru Asia Real Estate Summit, the thought leadership platform of PropertyGuru Group, will take place on 8 December.

The 9th PropertyGuru Asia Awards Malaysia in partnership with iProperty.com.my is supported by gold sponsor Kohler; silver sponsor Desjoyaux Pools; official portal partners PropertyGuru.com.my and iProperty.com.my; official venue The Majestic Hotel Kuala Lumpur; official channel partner History; official magazine Property Report by PropertyGuru; official PR partner Klareco Communications; media partners Kopiandproperty.com, Luxuo, Penang Property Talk, Palace, The Grid, Top 10 of Malaysia, and Yacht Style; official ESG partner Baan Dek Foundation; People’s Choice Awards official voting partner PwC Malaysia; and official supervisor HLB.

SITE PROGRESS: Lucerne Residences (Nov 2022)

Property News/ 30 November 2022 No comments

lucerne-residences-site-progress-nov2022

About Lucerne Residences

The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 residential units with a 5-storey parking podium.

Find out more about Lucerne 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.)
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What is Rumah Mesra Rakyat (RMR) program?

Property News/ 29 November 2022 No comments

rmr-spnb-list

Rumah Mesra Rakyat (RMR) is a program established by SPNB to help those with household income below RM 3,000, who do not have a house or live in dilapidated houses but have land to build their own home.

In Budget 2023, Finance Minister said the RMR program will involve the construction of 4,250 units across Malayaisa with an allocation of RM358 million.

Prices and features of RMR

Here are the prices and features of RMR units provided by SPNB. All types of RMR houses have the same concept which is 1 floor with 2 bathrooms and 3 bedrooms.

spnb-rmr-features

Applicant eligibility

  • Malaysian nationality.
  • Applicants must be 18 – 65 years of age.
  • Monthly household income must not exceed RM3,000.
  • Applicant and spouse does not own any property/ owns a dilapidated or rundown house.
  • Suitable proposed land must be free from mortgage/burdens/restraint. If the applicant is not the owner of the said land, they must obtain the approval from the owners of the proposed land.
  • Size of land must be no less than 3,000 sqft (depending on the design).
  • Subject to financing budget
  • For West Malaysian applicants above 42 years of age, a second applicant aged between 18-42 is needed.
  • For Sabah, Sarawak and island applicants above the age of 38, a second applicant aged between 18-38 is needed.

RMR design 

 

You may visit SPNB website for more details and the application process.