PENANG CONSTRUCTION PROJECTS | General Thread

[cooltemper]

ya, seem that the glass has been downgraded!

[TYW]

EARLIER THREADS
u/c @ Penang

OTHER PROJECTS

UNDER CONSTRUCTION
1. Tanjung Pinang
-Sri Tanjung Pinang
2. Bandar Perda
3. Fortune Park
-Fortune Park 2
4. Court Buildings Renovation
5. Court Building Annexe
6. New World Hawker Centre
7. Sunway Carnival
8. Penang Hill Xylarium
9. Penang Bridge Expansion
10. Queensbay
-Bay Avenue
-Bay Garden
11. D'Piazza Mall
12. Suffolk House Restoration
13. Restoration in Beach Street
14. Palazzia
15. Moonlight Bay
TOTAL= 15 Projects

PROPOSED/PLANNING/LAUNCHING SOON
1. Penang Tropical City (Penang Turf Club Redevelopment)
2. Hunza's Gurney Drive Project
-Shopping Mall
3. Penang Monorail
4. Penang Outer Ring Road (PORR)
5. Penang Second Link Bridge
6. Jelutong Promenade
7. Botanical Gardens Expansion
8. Penang International Equestrian Centre
9. Penang Times Square
10. Bayan Mutiara
11. Crecentia Park
12. Queensbay
-BayVillas
13. The One
14. Pulau Jerejak Adventure Theme Park
15. Teluk Kumbar Water Theme Park
16. Pulau Jerejak - Queensbay Cable Car
17. Penang Hill Cable Car Project
18. New Hotel at Customs Complex
19. New Hotel at Wisma Yap Chor Ee
TOTAL= 19 Projects

ON HOLD
TOTAL=0 Projects

NEVER BUILT
1. East West Mall
2. Mini Genting in Penang Hill
3. CITI 21
4. The Paragon
5. Tanjung Park Tourist Mall
6. Herb Village
TOTAL=6 Projects

RECENTLY COMPLETED
1. Lake Plaza
2. Queensbay
-Queensbay Mall
3. i - Palazzia (i - Avenue)
4. Pan Palace Plaza
5. Butterworth Outer Ring Road (BORR)
6. Penang Furniture City
TOTAL= 6 Projects

[TYW]

EARLIER THREADS
u/c @ Penang

HIGH RISES

UNDER CONSTRUCTION
1. Alila Horizons Condominium
- Tower 1
- Tower 2
2. Wawasan Open University
3. Harbour Place (Butterworth)
-Sea View Tower
4. Putra Marine Condominium
-Tower 1
-Tower 2
-Tower 3
-Tower 4
-Tower 5
5. Sky Home
6. Prai Inai
7. Richmont Residences
8. Jelutong Palace
9. Krystal Suria
10. Penang Times Square
-Birch The Plaza
11. Metro East
-Bayswater Resort Condominium Tower 1
-Bayswater Resort Condominium Tower 2
-The Platino Tower 1
-The Platino Tower 2
-Office Building
12. The Spring
13. Greenlane Heights Block E3
14. Asia Heights
-Block 1
-Block 2
-Block 3
15. i - Regency
-Tower 1
-Tower 2
-Tower 3
16. Relau Vista Apartment
17. Fettes Villa
-Tower 1
-Tower 2
18. The Cove
-Tower 1
-Tower 2
-Tower 3
-Tower 4
19. D' Fairways
20. The Waterfront
21. Harbour City
-Sri Saujana Block 1
-Sri Saujana Block 2
-Sri Saujana Block 3
22. BL Garden
-BL Avenue Apartments
-BL Garden Apartments
23. Springtide Residences
24. Serina Bay
-Tower 1
-Tower 2
25. Grand Ocean Apartment
26. Suntech Tower
TOTAL= 47 Buildings

PROPOSED/PLANNING/LAUNCHING SOON
1. Harbour Place
-River View Tower
2. Infiniti
-Tower 1
-Tower 2
3. Penang Times Square
-Birch Residency (Phase 2)
-Office Tower (Phase 3)
-Office Tower (Phase 3)
-Hotel Tower (Phase 4)
4. Relau
-Block A
-Block B
-Block C
5. Puncak Terubong
6. Queensbay
-BaySuites Block 1
-BaySuites Block 2
-BayStar Block 1
-BayStar Block 2
7. Hunza's Gurney Drive Project
-Residential Tower 1
-Residential Tower 2
-Office Tower
8. College Heights
-Tower 1
-Tower 2
9. The Summer Place Condominium
-Block 1
-Block 2
-Block 3
10. The Oasis
11. Kelawei View
12. Palm Palladium
13. Krystal De'Crown
14. The Chief Executives Office Suites (The CEO)
15. Harmony Square
16. Ixora Heights
17. The Sanctuary Condominiums
18. Vista Gambier Condominium
19. Island Resort
TOTAL= 33 Buildings

ON HOLD
1. Taman Cemerlang
-Block A
-Block B
-Block C
-Block D
-Block E
-Block F
TOTAL=6 Buildings

NEVER BUILT
1. East West Tower
2. Observation Tower (Pondok Upeh Hill)
TOTAL= 2 Buildings

RECENTLY COMPLETED
1. The Mayfair
2. 11 Gurney Drive
3. The View
-Tower A
-Tower B
4. The Palazzo
5. Jelutong Park
6. Regency Heights
-Block 1
-Block 2
-Block 3
-Block 4
7. G Hotel
8. Taman Kheng Tian
-Block 1
-Block 2
9. Desa Bayan
-Block A
-Block C
-Block E
TOTAL= 14 Buildings

[OshHisham]

hi TYW, if don mind, can you list down Penang heritage conservation project?

[Pablo]

D'Piazza Mall

the construstion has started...i pass there everyday to work

[TYW]

Originally Posted by oshkoshbgood

hi TYW, if don mind, can you list down Penang heritage conservation project?

wow! that must be hard to track down. some of the more significant ones are in the "other projects" list

should i make a separate list?

[Adam Tan]

Palazzia & i-Regency, Sungai Dua, Penang




More Info
http://www.idealhomes.cc/library/palazziaandregency.htm

[Pablo]

the constructions of that building has carried out

[pedang]

Penang to get 200 new buses in July

15 Feb 2007
Lee Keng Fatt


GEORGE TOWN: The state government hopes to sort out the public bus service mess in Penang by July with the introduction of 200 new buses.

State Local Government and Traffic Management Committee chairman Datuk Dr Teng Hock Nan is optimistic this will solve the problem plaguing the island for years.

"We are finalising our plans on which type of buses to buy. We have a choice of either 10-metre long or 12-metre long buses. The decision depends on the routes and terrain these buses will ply."

Dr Teng said the buses will be operated by the newly formed Bus Negeri Pulau Pinang (BNPP), a state government-incorporated company.

He said the setting up of the company was proof that it was serious about providing a reliable public transport system on the island.

Commuters and non-governmental organisations (NGOs) have for years criticised the island’s deplorable public bus system.

Promise after promise has been broken. Rickety buses with dirty interiors are still used although the authorities have promised they would be taken off the roads.

Drivers continue to break schedules while errant bus companies are still operating despite warnings to suspend their licences.

The problem has escalated to such proportions that a coalition of NGOs calling itself Citizens for Public Transport (Cepat) threatened to sue the Commercial Vehicle Licensing Board for failing to provide efficient public transport.

Cepat, which comprises 24 civil society groups in Penang, has been in the forefront in campaigning for better bus services since last year.

Meanwhile, BNPP general manager A. Rajendran said the company had called for tenders for the buses and planned to place its orders next month.

"The new buses should be on the road by July."

[Pablo]

true or not? i'm waitting for this long long time liao...i can't tahan the penang bus..the nicest, cleanest bus in Penang is not as nice and as clean as the ugliest, dirtiest bus in KL....

is that possible to get 200 new buses by July? since they still havent decide what type and how long the busses they want.

and they mention b4 that will implement and study the Rapid KL concept to penang. So, how is it now?

[TYW]

i think this plan will not be realised. there were reports some time ago saying that the government did not get approval or something like that. they say they will never meet the dateline. let's hope it is late rather than never

[Pablo]

..is it? i duno, but i remember i read some where that they get the fund from the federal government to buy new busses ...

[TYW]

Originally Posted by Pablo

..is it? i duno, but i remember i read some where that they get the fund from the federal government to buy new busses ...

is it the approval or tender or whatever lah, but they are behind schedule for sure

[travellator]

Great economic news for Penang, go, go Penang, what a comeback

Penang nets highest investment since 1980
By Regina William

Penang recorded the highest investment since 1980 in the manufacturing and related services sector last year, raking in RM5.35 billion from 156 projects, a 15.8% increase from 2005.

In 2005, the total investment approved in the sector was RM4.62 billion from 148 projects.

Penang Chief Minister Tan Sri Dr Koh Tsu Koon, who announced the figures on Feb 15, said Penang also recorded the highest domestic investment since the 1970s, amounting to RM1.4 billion in 2006.

"This is a 100% increase from 2005, which recorded only RM717 million.

"Unlike the foreign direct investments (FDI) totalling RM3.92 billion, out of which 76.8% or RM3.01 billion were investments in expansion and diversification projects undertaken by existing companies, the domestic investments were led by new projects amounting to RM1.2 billion," Koh said.

He was speaking at a media briefing, which was also attended by Invest-in-Penang Bhd board chairman Datuk Kalsom Abdul Rahman, outgoing CEO Wan Zailena Noordin, COO Datuk BJ Yeang, and board members Datuk Kelvin Kiew, Datuk Wong Siew Hai, Datuk Tan Yew Thong and incoming CEO Datuk Aris Md Ariffin.

Koh said the outlook for 2007 was good as the investments would have multiplying effects and would also result in many spin-offs across not only Penang but also throughout the country.

"The surge in domestic investments is a very good sign that our local SMIs are growing fast and showing confidence, and they have integrated well with the multi-national companies," he added.

Kalsom said the 156 approved projects were expected to generate at least 13,539 jobs.

The approved investments include 84 new projects valued at RM2.11 billion, a 78.8% increase from 2005 which recorded RM1.18 billion worth of new projects.

"Existing companies still find Penang an attractive and competitive location for doing business as reflected by a total of 72 projects approved for expansion and diversification totalling RM3.24 billion, which is 61% of total approved investments in Penang.

"We also achieved a record in the capital intensity ratio of the manufacturing projects approved as measured by the capital investment per employee (CIPE) ratio of RM395,203, a 80.3% increase from the 2005 CIPE ratio of RM219,138.

"The CIPE ratio clearly indicates the state's shift to a more capital-intensive, higher value-added and high technology projects which are in line with the objectives set by the state government and the focus driven by investPenang," she added.

Foreign investments were largely in the electrical and electronics sector, representing 74.7% or RM2.93 billion of the total FDI with the largest source being the US contributing over 40% or RM1.59 billion.

Kalsom said Penang's robust programme to develop local small- and medium-sized industries had showed solid results with many of them being developed into regional and global players.

[TYW]

highest investment in Penang and biggest robbery in Malaysian history in the same year?? wow!!

[travellator]

because there is alot of money there so very attractive for robbers

[travellator]

Thursday February 15, 2007

CP Land launching residential and commercial properties

By DAVID TAN

PENANG: CP Land Sdn Bhd is launching high-end residential and commercial properties with an estimated gross sales value of about RM400mil this year in its Queensbay mixed development project in Bayan Baru.

Chief executive officer Tony Lim said the properties comprised BayStar, a two-storey block of 160 condominiums, BayCapital, a 13-storey block of 132 office units, and BayVilla, comprising 86 three-storey linked villas.

“BayStar will be launched on Feb 16, BayCapital in March, and BayVilla later in the year.

“Since the soft launch a few months ago, we have sold about 70% of the BayStar units,” he told a press conference on Wednesday.

Lim said the BayStar properties were priced between RM413,000 and RM850,000, BayCapital, between RM330,000 and RM1mil, and BayVilla at over RM2mil.

“Besides these residential and commercial properties, we will also launch later this year a RM100mil three-star hotel with 380 rooms in the Queensbay project, which we are targeting to complete in 2008.

“There is also a plan to develop a RM150mil five-star hotel in 2009,” he added. Lim said the CP would also develop a fisherman’s wharf on a 20-acre reclaimed site.

“The fisherman's wharf, which will have restaurants and other commercial properties, will be completed by 2015,” he said.

The RM2bil Queensbay mixed development project on 74 acres in Bayan Baru is located between the Penang Bridge and the upcoming second link in Batu Maung on the southern part of the island.

So far, CP has invested about RM400mil in the project.

“Because of the project’s strategic location, we expect the properties in Queensbay to appreciate by at least 20% a year.

“Our plan is also to turn the Queensbay project into Penang’s modern central business district,” he said.

[Pablo]

hmm..actually i prefer a higher condominium

[travellator]

shouldnt be just concerned about size, its the quality that determines how well it will sell

[Pablo]

yeah i knew that, i'm just hoping taller building at the South of Penang