2009 launch for IJM Penang project

KUALA LUMPUR: IJM Land Bhd's flagship development in Penang, The Light, valued at RM4.5bil, will be launched early next year.
Work on the 152-acre mixed residential and commercial development, on 338 acres of reclaimed land along the eastern coastline of Penang (near Tesco hypermarket), will begin in September and scheduled for completion in 2017.
IJM Corp Bhd deputy chief executive officer and deputy managing director Teh Kean Ming told StarBiz yesterday the development would comprise very upmarket waterfront villas, condominiums, office buildings, a hotel, shopping complex, “floating restaurant” as well as facilities for meetings, incentives, conventions and exhibitions. There will also be an amphitheatre, and an event stage on the sea, waterways and canals.

An artist's impression of The Light.
“This will be a very unique waterfront development that we plan to launch in the first quarter of next year. We may launch some low-rise condominiums and the water villas first,” he said, adding that the indicative price of the villas was about RM10mil each.
IJM Land managing director Datuk Soam Heng Choon said The Light would transform Penang into a modern and progressive state.
“The Light Waterfront is IJM Land's jewel in the crown. We are very proud of the project and are extremely excited about what it means for Penang in particular, and Malaysia as a whole,” he said.
Soam said the RM6.5bil mega project, to be developed over three phases, constituted over half the value of all properties featured at the i-Property exhibition, which opened at the KL Convention Centre yesterday.
He said the 42 acres under phase one would have six parcels of 1,186 units of high-end residential waterfront developments, while the 103-acre phase two would involve residential, commercial and retail properties.
He said that in line with the company's efforts to cut utility costs and promote green building concepts, The Light Waterfront would lead the way as Malaysia's premier eco-friendly development.
“In implementing this project, we will follow the guidelines prepared by The Leadership in Energy and Environmental Design, which will result in energy-efficient, healthier, and environmentally-sustainable buildings.
“We are committed to developing eco-friendly buildings as they will help our customers save on utility bills. This is important, especially now with rising energy costs,” he said.
Among the eco-friendly technologies are wind turbines, solar panels, a modern water management system and green roofs. The use of recycled materials in selected areas and a state-of-the-art solid waste management system are also in the cards.
Another unique “green” feature is the harvesting of coral reefs in the waterways around the residential phase.

MRCB to buy land in Penang....Ferringhi Villa owners your view.......

MALAYSIAN Resources Corporation Bhd (MRCB) plans to acquire a freehold land in Penang for RM26 million. MRCB entered into a sales and purchase agreement with MBSB Development yesterday to purchase the beach-front land measuring 13,533 sq metres. The land, located near Bayview Hotel and opposite to Ferringhi Villa, will be used by MRCB to develop high-end apartments.

The Light Waterfront....IJM. Special bidding was held at Evergreen Hotel not too long ago.

ON A PICTURE-PERFECT SITE OF 152 ACRES OF LAND ON PENANG ISLAND’S EASTERN COASTLINE, THE BOLD VISION OF IJM PROPERTIES SDN BHD, MALAYSIA’S FOREMOST DEVELOPER AND PIONEER OF MANY OVERSEAS PROJECTS, IS FAST BECOMING A REALITY.

The transformation of this excellent site into a global village, to be called THE LIGHT, has begun. This RM 6.5 billion project is under taken by Jelutong Development Sdn Bhd, a subsidiary of IJM Properties Sdn Bhd. THE LIGHT represents IJM’s pioneering challenge to showcase the biggest and the best in integrated waterfront living, with residential, recreational, entertainment, business, hospitality, education and commercial components all in one dynamic hub. It will be the jewel in the crown for IJM Properties Sdn Bhd’s portfolio of achievements.

100days as CM of Penang.

PENANG: The price of being chief executive of the state is having no time for oneself. This is the experience of DAP secretary-general Lim Guan Eng since assuming the post of Chief Minister of Penang. For Lim, the job as he describes it is 24/7.
In jest, Lim said the biggest change was that now it was easier for him to call for a press conference. His media events are now well attended by all mainstream media compared to before the March 8 general election.
“As for myself, since March 8, I have stopped my drinking. I was never much of a heavy drinker, used to do it socially, but now I have stopped it completely. First of all it makes me tired and when you drink, the next morning it will be on your breath. I deal with many civil servants, even women, and I do not want them to get offended. It is not very pleasant,” he said. “So now, I make very dull and boring company.
“I do not even have time for football or golf now,” Lim said.
Even his family does not get to see much of him, Lim said. Although his wife and four children are in Penang, he hardly sees them as they are in bed when he leaves for the office and they are back in bed when he returns home.

The Mayfair@Penang

5000sqft to a unit, 2 units to a floor. Cant find any of this el-supremo in Georgetown.

Alila Horizon by Hunza Group

Alila Horizons condominium located on a tranquil hill slope bounded by dense vegetation. It is situated within minutes from the picturesque coast of Tanjung Bunga and conveniently a short drive from George Town and other major hubs in Penang Island. Alila is a renaissance of tropical architecture and living. Modern tropical architecture combines beautiful forms with natural elements to create a tranquil environment in harmony with nature. Water features, such as lily ponds and cascades, and coconut trees are dominant features of the tropical landscape, creating a soothing, tropical sanctuary for the mind, body and soul. Alila Horizon Condominium, the new condominium project in Tanjung Bunga, Penang consists of two 19-storeys condominium blocks and has a total of 224 standard units of condominiums, 24 units of penthouses and 8 units of duplexes. Standard units has a spacious built-up area approximately from 1,356 sq.ft. to 1,421 sq.ft.Location : Tanjung BungaType : CondominiumTenure : FreeholdCompletion : Expected 2008No. of Blocks : 2No. of Storeys : 19Total Units : 256Built-up Area : approx. 1,356 - 1,421 sq.ft. (Penthouse, Duplex 2,856 - 3,146 sq.ft.)Developer : Hunza Properties BerhadFacilities24-hours security, car park, landscape garden, swimming pool, tennis court, children's playground, gymnasium, jacuzzi, BBQ area.

FENG SHUI ENDORSEMENTby Master Khoo Buck ChewDistinguished International Geomancy MasterThe living science of Feng Shui has been around for thousands of years. During the ancient time, Emperors and royal households engaged the services of geomancy masters to select and determine the best possible location for palaces to provide and sustain the good fortune and prosperity of the royal court.The project site of ALILA development in the suburb of Tanjung Bungah, Penang embraces all the elements of good Feng Shui suitable for a luxurious built environment.The symbolic presence of the Green Dragon on the left and the White Tiger on the right is not only very prominent but appear to be matured and strong. The gentle hills behind the property symbolise the Black Turtle protecting the entire environment.The site is situated at an optimum elevation (neither too high nor too low) and is fronting the ocean. The Green Dragon and the White Tiger nestle gently at each side of the property. Their bodies curving graciously towards each other at the back of the property forming a shape like that of the throne of an emperor.Thoughtful planning and positioning of the buildings in ALILA further harness the benefits of the topographic and geodetic features of the terrain.This auspicious land form and lush greeneries will bring abundance of good fortune and great comfort to the dwellers for many succeeding generations.In short, the project site of ALILA befits the location of a PALACE.

Snapshot with a superstar!!!

Just a little PROUD moment for myself.

Hehe.......but I don't know his name!!!

Hillview Garden by Hwa Sing Group

In Tanjung Bungah, Chong Co Group, a reputable developer with good track record, is developing the Hill View Garden, comprising about 200 units of three-storey terraced and three-storey semi-detached houses on a 20-acre site.
“These properties, priced between RM800,000 and RM1.8mil, are over 80% sold.
“They are selling well because of their large built-up areas that can cater to the needs of families living with their grandparents,” Teoh said.
The Hill View Garden three-storey homes have built-up areas ranging from 3,300 to 5,000 sq ft, depending on the type that come with four to five bedrooms, and porches large enough to accommodate three cars.

Latest edition in Batu Ferringhi by Plenitude

Latest edition to the Batu Ferringhi stretch. Residential project by one of the reputable developer, Plenitude Bhd.

Semi-D's with built-up of 3442sqft and above with price range from RM1,618,000.00 to RM2,075,000.00.

And a Supercondo- 32 storey tower block with an unconfirmed price of RM340/sqft.