Fettes Residences

Let the sea, that stretches across the horizon, stretch your imagination. Recollect your thoughts as you gaze at the lush greenery of Tanjung Tokong. Spark inspiration while being dazzled by the night lights of Gurney Drive and the Esplanade. Find Serenity within the embrace of the 24,000 sq. ft. landscaped area accentuated with soothing water features. With four wonderous views to enjoy, there is only one place to enjoy them all - Fettes Residences, luxury residences by the shores of Penang Island. A modern facade accented with oriental influences. A unique architecture inspired by the rich history of Penang island. while echoing the affluence of residents. Offering two living layouts to suit your statue, made spacious so it has the flexibility to change according to your tastes.

35-stoery, 195 high-end units
Suites built-up from 2,000 sq. ft.
Penthouse with lanai, built-up from 4,000 sq. ft.
Equipped with Smart Home system - security alarm system, home automation system, smart card access and intercom system

Price range from RM818K onwards

Size 1990sqf, 2002sqf and 2470sqf

Penang to order two hillslope projects stopped.

PENANG: The state government will issue a stopwork order on two development projects in Tanjung Bungah as they involved the safety of people living near the hillslopes, said Chief Minister Lim Guan Eng.
He said the order was being made following a discussion with several residents’ associations in the vicinity of the area who were worried about their safety.
Lim, however, declined to expose the two projects concerned to give an opportunity to the developers to hold discussions with the residents and the state government to resolve the issue.
“The order was being issued as there were several matters concerning safety on the hillslopes which should be tackled by the developers.
“The meeting between the three parties concerned will be held next week,” he told reporters at a media conference here Sunday.
Lim hoped a decision that took into consideration the interests of all parties could be achieved at the meeting which would enable sustainable development to go on in the state.
He said the stopwork order was also to demonstrate the state government’s concern for the safety of the people particularly those living near hillslopes. -- Bernama

Gurney Paragon Mall delayed

Hunza will review the situation in March
GEORGE TOWN: Hunza Properties Bhd has delayed the construction of the RM400mil Gurney Paragon shopping mall on Penang island, said group executive chairman Datuk Khor Teng Tong.
Construction work on the mall was originally scheduled to begin in September, Khor said.
“But we decided to hold back because the cost of building materials is still high,” he told reporters after the group AGM yesterday.

“Although the price of steel has dropped, the other aggregates such as sand and cement are still costly.
“We will review the situation in March before setting a fresh target (for the) completion date.”
He added that “the present cost of building the shopping mall, taking into consideration also the cost of land, is about RM400mil.”
The Gurney Paragon shopping mall, with a gross built-up area of over one million sq ft with 700,000 sq ft of lettable area, was originally scheduled for completion in 2010.
But the construction of two condominium blocks in the Gurney Paragon project, which had a a gross development value of RM400mil, would continue and should be completed in 2010, as planned, Khor said.
“We started work last July and (work) has been going on non-stop since. Some 50% of the 220 units have been sold,” he added.
On the soft property market environment ahead, Khor said the group would still look for land for new projects in prime locations on the island and in the Klang Valley.
“We are also planning new residential projects in Tanjung Bungah on the island, Bertam on the mainland, and in Segambut (in Kuala Lumpur),” he said.
The group still has about 755 acres of undeveloped land in Tanjung Bungah (nine acres), Bertam (400 acres), Juru (40 acres), Sungai Petani (300 acres) and Segambut (six acres).
On its 36-storey “super-condominium” Infinity project in Tanjung Bungah, Khor said the group had recently completed the 26th storey. “It is scheduled for completion next year. About 60% of the project has been sold.”

By TheStar

Penang to provide free Internet access in 2 years.

KUALA LUMPUR: Penang will go ahead with its WiFi project despite health concerns and expects the entire state to have free Internet access within two years, Chief Minister Lim Guan Eng said.

He said two companies namely REDtone International Bhd and Packet One Networks (Malaysia) Sdn Bhd (P1), a subsidiary of Green Packet Bhd, had agreed to invest in Penang to enable all the public and community areas to have Internet access.

According to him, REDtone and P1 had pledged RM10 million and RM20 million respectively, over the next two years, adding that the state government was looking for more partners to invest in its the WiFi project with its free and fair competition approach.

“We have two more companies expressing interest. I think we will roll it all out next year,” Lim told reporters at parliament lobby yesterday.

Lim said any company that was interested in the project should have strong financial backing and be registered with the Malaysian Communications and Multimedia Commission (MCMC), as the state government would not be bearing any cost in the WiFi project.

“We will not be under any legal obligation. We will not give any monopoly to any company,” he added.

He said while Penang would be the first free WiFi state in the country, it would also offer WiMAX at an affordable rate.

On the health concerns of WiFi radiation level, Lim said following consultation with the relevant bodies including the Malaysian Nuclear Agency, the state government understood that the radiation level was extremely minimal.

He pointed out that the World Health Organisation (WHO) noted that the amount of non-ionising radiation absorbed by a person from a WiFi station was less than a fifth from what was absorbed from FM radio and television stations.

He added that certain parties that voiced their concern on the danger of WiFi radiation exposure had not proven their case to the state government and as such Penang was committed to proceeding with the WiFi project.

“I’m sure if WiFi is dangerous, no one will want come to parliament to work. MPs will be the first to be frightened as parliament is fully WiFi,” he quipped.
By TheEdge