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My Malaysia Stockfolio-From RM10,000 to RM100,000: SP Setia and <b>...</b> Posted: 07 Jun 2011 08:50 AM PDT Two property players are in the race for the multi-billion ringgit development of some 40.47ha at Bayan Mutiara on Penang island. Business Times has learnt that SP Setia Bhd and Ivory Properties Group Bhd are the companies that have responded to Penang state government's tender to develop the Bayan Mutiara land. The tender is part of the state government's efforts to raise funds. Sources said of the two companies, Ivory Properties had submitted the higher bid, for which the reserve price was reportedly set at RM200 per sq foot. The state government had asked for a request for proposal (RFP) via the Penang Development Corp to develop an initial 24.8ha, which is located south of the Penang Bridge and overlooking Pulau Jerejak. The RFP comes with the potential to develop an additional 14ha via a future reclamation after the development of the initial 24.8 ha.Although the deadline for the RFP of the project was set for December 31 2010, it is learnt that the RFP had been recalled and interested parties were asked to re-submit their bids. SP Setia is currently the only developer without any development projects along Penang's southern corridor where its rivals are present. This includes Mah Sing Group Bhd, which is planning a mixed-development property project at Batu Maung. Ivory Properties is present via "The View Twin Towers" development in Batu Uban, while IJM Land Bhd had already embarked on its landmark waterfront development of "The Light" close to the Penang Bridge. In January this year, the Penang state government announced that SP Setia - via subsidiary Eco Meridean Sdn Bhd - had won a RM300 million project to build and operate the Penang International Convention and Exhibition Centre in Relau on the island. It is not known if SP Setia and the state authorities have inked any agreement to firm up this deal. Full Feed Generated by Get Full RSS, sponsored by USA Best Price. |
AHLI MAJLIS MPPP: Pelebaran Jalan <b>Batu Uban</b> dipersimpangan Lampu <b>...</b> Posted: 31 Mar 2011 11:27 AM PDT Jalan Masuk ke Jalan Batu Uban bersebelahan Sunny Point Kerja kerja membina kaki lima diatas longkang Bahagian Jalan yang akan dilebarkan Bahagian Jalan yang akan dilebarkan
Perubahan berlaku ,Setelah sekian lama menanti oleh penduduk sekitar Jalan Batu Uban akhirnya JKR telah pun memulakan kerja - kerja pelebaran jalan yang menjadi jalan utama penduduk Kpg Batu Uban dan penduduk sekitar di sini.Kalau waktu pagi jalan ini menjadi sesak dan begitu juga waktu petang dari jam 5-7ptg .Masalahnya kesesakan timbul apabila kenderaan yang menuju masuk ke jalan Batu Uban dari jalan Sultan Azlan Shah terhenti sebaik ada kenderaan berhenti untuk membelok masuk ke jalan Tingkat Batu Uban 1 untuk ke Taman Utara,Sunny Vale Kondominium dan Taman Pulau Emas.Inisiatif memohon pelebaran jalan ini dibuat oleh JKKK Batu Uban dan Ahli Majlis MPPP En Iszuree Ibrahim serta mendapat perhatian Adun Batu Uban YB Raveentharan.Kerjasama JKR amat amat dihargai demi kemudahan rakyat. JKR juga bersetuju membuka halangan besi dipersimpangan jalan Batu Uban 4 bagi memudahkan kenderaan masuk ke kawasan kampung terutamanya sekitar Dewan JKKK Batu Uban terutamanya lori sampah yang memungut dari tong sampah besar ML.Sebelum ini JKKK Batu Uban telah berjaya memohon supaya JKR membuka halangan besi yang menghalang jalan Batu Uban 5 berhadapan Kondominium Ivory Twin Tower pada awal tahun 2010. |
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