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Scientex Tasek Gelugor officially opened its show unit today

March 21, 2021 By Keith Leave a Comment

A great post about Penang Malaysia.

scientex-tasek-gelugor-show-unit-launch

Scientex Tasek Gelugor, the first landed 2-storey affordable home with freehold title in Penang by Scientex has officially opened its show unit today.

The opening of the show unit was officiated by the Chief Minister of Penang, Y.A.B. Tuan Chow Kon Yeow. Also present, Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo; The Mayor of Seberang Perai City Council (MBSP), Dato ’Sr. Rozali Mohamud; Scientex’s Chief Executive Officer Lim Peng Jin and Scientex’s Chief Operating Officer Datuk Alex Khaw Giet Thye.

Y.A.B. Tuan Chow Kon Yeow said the State Government is proud to state that Scientex Tasek Gelugor is the first affordable housing project in the state to feature 2-storey landed houses with individual ownership status.

“So far, we have only imagined that the RMM is not more than 850 square feet, but this proves that if there are suitable elements, housing projects like this can also be successful by experienced developers.

“In this case, I believe Scientex, which has been involved in the real estate sector since 1995, has enough experience to design houses suitable for buyers to live in,” he said when officiating the Scientex Tasek Gelugor Show Units Opening Ceremony near here just now.

At the event, Kon Yeow also presented offer letters to eligible buyers.

He added that the construction of related projects is also in line with the Penang State Government’s vision to improve the quality of life, providing comfortable and adequate housing to the people in the state.

 

 

Meanwhile, Alex Khaw informed that the Scientex Tasek Gelugor project was built using Industrial Building System (IBS) technology which has further accelerated the construction period.

“We promise that within five years, a total of 2,332 affordable 2-storey terrace units in Penang will be completed in Tasek Gelugor,” he said.

He said Scientex’s current vision was to build and complete about 50,000 affordable units by 2028.

“Until now, Scientex has managed to build more than 22,000 affordable units priced below RM500,000 of which 70 percent are priced below RM300,000,” he explained.

It is understood that the Scientex Tasek Gelugor housing project is built on 179.69 acres of land with an estimated cost of RM500 million.

Construction of the project began on 1 October 2020 with the first phase involving 382 units of terrace houses and is expected to be completed in July 2022 while the entire project is expected to be fully completed by 2025.

 

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Filed Under: Blog Tagged With: Chief Minister, Chief Operating Officer, Housing, Town and Country Planning Committee, Jagdeep Singh Deo, Lim Peng Jin, mayor, Penang State Government, real estate sector, Scientex Tasek Gelugor, Thye

Know your rights as strata property owners, says MBPP mayor

March 11, 2021 By Keith Leave a Comment

A really good article on Penang Malaysia.

Know your rights as strata property owners, says MBPP mayor

strata-owner-know-rights

Strata property owners should know their rights involving any issues related to the joint management body (JMB) or management committee (MC) members who are in charge of the building management of strata residences.

Penang Island City Council (MBPP) mayor Datuk Yew Tung Seang said the problem nowadays is that many owners of strata properties are still not aware of what strata actually means and what rights the Strata Management Act (SMA) 2013 entitles them to.

“They should know that strata properties not only refer to high-rise units (vertical strata titles) but also to gated or guarded housings (horizontal strata titles).

“Strata owners also have the right to have an annual general meeting (AGM), which must be held within 14 months after the last AGM.

“They also have the right to elect their management committee members. And it is very crucial for them to elect a responsible and reliable strata management committee to ensure that the common property is well maintained and the house rules enforced.

“It is also a developer’s responsibility to form JMB or MC in stratified residential premises or else we will take stern action against them,” Yew said during his opening remarks of strata management webinar via Zoom today.

According to Yew, Penang has the third-highest number of stratified properties throughout the country.

“Meanwhile, MBPP is the local authority with the second-highest number of stratified buildings after Kuala Lumpur City Hall (DBKL) in Malaysia.

“There are 1,368 stratified schemes on the island comprising 229,485 units,” he said.

Yew also urged strata owners to pay their management bills regularly.

“This is important so that the management body can use the funds towards the betterment of the property, especially in terms of well-maintained facilities.

“At the same time, the management body also should play their part professionally in managing the money by keeping the strata owners updated on the flow of the money,” he added.

Source: Buletin Mutiara

 

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This article was published on this site.

We hope you found the above interesting. You can find similar content on our blog:
https://www.whatsonpenang.com

Please let me have your feedback in the comments section below. Let us know what topics we should cover for you in the future.

Filed Under: Blog Tagged With: Datuk Yew Tung Seang, Kuala Lumpur City Hall, Malaysia, mayor, MBPP mayor, Penang Island City Council, Strata Management, Telegram Channel, www.whatsonpenang.com/, YEW

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