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31 Residence

Permatang Pauh/ 2 April 2025 No comments

31-residence

31 Residence is a mixed-use development planned for Permatang Pauh. Undertaken by JKP Sdn. Bhd., the project is located along Jalan Permatang Pauh, right opposite UiTM Penang Campus. This development is centrally located between Seberang Jaya and Bukit Mertajam. Amenities within 3 km includes hypermarkets, hospital, university, banks and several popular eateries.

The project comprises serviced apartments ranging from 500 to 1,100 square feet, with 180 dual-key units, 226 three-bedroom units, and 44 studio units. Additionally, it will feature 300 affordable apartment units and 34 shop lots.

The project is still in planning stage. More details will be available during official launch.

Project Name : 31 Residence
Location : Permatang Pauh
Property Type : Mixed development
Land Tenure: (to be confirmed)
Total Units: 300 (affordable unit)
Built-up Size: (to be confirmed)
Indicative Price: (to be confirmed)
Developer : JKP Sdn. Bhd.

Register your interest here, and we will keep you updated.

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.
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DISCLAIMER: This article is solely based on research done using publicly available data. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider or party in question.

Penang’s infrastructure designed to withstand magnitude 7 earthquakes

Property News/ 1 April 2025 No comments

komtar-with-bridge-background

Penang’s buildings and bridges are designed to withstand earthquakes of up to magnitude 7 on the Richter scale, according to Chief Minister Chow Kon Yeow. His statement comes after tremors from a magnitude 7.7 earthquake in Myanmar were felt in various parts of Penang, including George Town and Butterworth.

While Penang is not within an earthquake-prone zone, seismic tremors from regional earthquakes in Southeast Asia are often experienced on the island. Nearby countries such as Indonesia and the Philippines lie within the Pacific “Ring of Fire,” making them more susceptible to seismic activity.

Chow assured that critical structures, including Komtar and bridges, have been designed with earthquake resistance in mind. However, the extent of seismic considerations varies across different types of buildings in the state.

Mayors of Penang’s two city councils, A Rajendran of Penang Island City Council (MBPP) and Baderul Amin Hamid of Seberang Perai City Council (MBSP), provided further insights into earthquake resilience in local construction. Rajendran stated that seismic effects are considered for projects, but earthquake-resistant designs are not strictly imposed across all buildings. A guideline prepared by MBPP and the Institution of Engineers Malaysia (IEM) has been shared with developers to ensure best practices in construction.

Findings from IEM indicate that shorter, rigid buildings are more vulnerable to earthquake damage compared to taller structures, which are designed to flex under seismic forces. Meanwhile, Baderul Amin emphasized that Seberang Perai, with fewer high-rise buildings and large dams, has a lower necessity for stringent seismic design regulations. He noted that making earthquake-resistant designs mandatory would significantly increase construction costs.

The Myanmar earthquake, which struck near Mandalay, resulted in over 1,000 fatalities and thousands of injuries. The country sits between the India and Eurasia tectonic plates along the Saigang Fault, placing it at high risk for seismic activity.

While Penang remains outside an earthquake danger zone, the tremors from neighboring countries highlight the importance of incorporating structural resilience into future developments to ensure public safety.

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Discover the Future of Living with SEIRAS at Utropolis Batu Kawan

Events & Promotions/ 31 March 2025 Comments off

seiras-preview

A new era of urban living is here! SEIRAS Residences by Paramount Property seamlessly integrates residential and commercial spaces, designed to Connect, Recharge, and Evolve.

Exclusive Preview Event

  • Date: 6 April 2025
  • Time: 10AM – 5PM
  • Venue: Paramount Property Gallery @ Utropolis Batu Kawan

What Makes SEIRAS Unique?

  • Triple-Key Living Spaces – A first in Penang, providing flexible living options.
  • Innovative Serviced Apartments – 411 units designed for modern convenience.
  • Spacious Layouts – 1,033 sq ft units with 3 bedrooms, 3 bathrooms, and 2-3 car parks.
  • Tailored for Modern Lifestyles – Ideal for young professionals, digital nomads, and tech entrepreneurs.
  • Co-Living Ready – A community-driven environment with top-tier facilities.

RSVP now and be among the first to experience SEIRAS Residences!
For more details, visit the Paramount Property Gallery, Batu Kawan or call 012-501 0733

Register your interest now to find out more

*By submitting this Form, you hereby agree to our PDPA Consent Clause.
(This information may be used by the developer or their appointed agent to initiate follow-up communications with you on the project.)

Experts question 30-year threshold in urban renewal proposal

Property News/ 31 March 2025 No comments

ckl-urban-renewal

The proposed Urban Renewal Act (URA), set to be tabled in June, has sparked concerns among property owners and industry experts. The Housing and Local Government Ministry’s bill sets the consent threshold for redevelopment at 80% for buildings aged 30 years, 75% for those older than 30 years, and 51% for abandoned buildings.

At the “Civic Lens: Urban Renewal Act Forum” held on Tuesday, Datuk Chang Kim Loong, secretary-general of the National House Buyers Association (HBA), questioned why 30 years was chosen as the threshold for redevelopment eligibility. He pointed out that the Public Works Department (JKR) estimates a building’s lifespan at 70 to 80 years. “If I had a bank loan of 35 years, I wouldn’t even have paid it off yet, and then you want to take my property — that’s the issue here,” he argued.

Chang also suggested that the government could more efficiently redevelop buildings owned by a single entity, such as Kuala Lumpur City Hall (DBKL), rather than focusing on privately-owned properties that require high consent levels. He further raised concerns about the URA potentially conflicting with Article 13 of the Malaysian Federal Constitution, which safeguards property rights, as well as Section 57 of the Strata Titles Act 1985, which mandates unanimous resolutions for redevelopment.

Another key issue highlighted was compensation. Prof Dr Ismail Omar, president of the Land Professionals Association of Malaysia (PERTAMA), noted that land acquisition compensation has historically been inadequate, with payouts often falling below market value. He emphasized the need for a comprehensive review of land valuation principles and legal frameworks to ensure fair compensation for affected homeowners.

While urban renewal is necessary for sustainable city development, stakeholders stress that any new law must balance redevelopment needs with property rights and fair compensation to prevent potential social unrest. As the URA moves forward, public engagement and careful revisions will be crucial to ensuring its success and acceptance.

M.O.C.H.A Campaign – Your Gateway to a Luxurious Lifestyle at Senze@PICC

Penang’s property market is evolving, and Penang International Commercial City (PICC) is leading the way as a premier integrated township. Developed by Hunza Properties Group, a trusted name in real estate, PICC is designed to offer a seamless blend of residential, commercial, and lifestyle conveniences—all in one dynamic location.

If you’re looking for a home that’s stylish, convenient, and move-in ready, Senze@PICC is the perfect choice. With the exclusive M.O.C.H.A Campaign, owning a dream home has never been easier.

What is M.O.C.H.A?

M.O.C.H.A is more than just a campaign—it’s a lifestyle promise. Each letter represents the key advantages of owning a unit at Senze@PICC:

  • M – Move-In Ready: Fully furnished homes designed for effortless living. No renovations, no delays—just bring your luggage and settle in.
  • O – Own Your Dream: Secure a home in a prestigious integrated township with future-ready infrastructure and connectivity.
  • C – Celebrate Life: Experience up 70 resort-style facilities, including infinity pools, a gym, landscaped gardens, and entertainment lounges—turning every day into a celebration.
  • H – Happy Always: Senze@PICC is designed for your well-being, offering a safe, modern, and vibrant community where you can truly thrive.
  • A – Affordable Luxury: High-quality finishes, premium facilities, and an unbeatable location—all at an exceptional value.

Prime Location with Unmatched Connectivity

Senze@PICC is strategically located within walking distance to the upcoming Penang LRT station, ensuring hassle-free commuting and boosting future property value. Additionally, it offers direct access to:

  • PICC Shopping Mall – A premier retail and entertainment destination, bringing lifestyle and convenience to your doorstep.
  • World-Class Medical Facilities – Ensuring top-tier healthcare is within reach.
  • Commercial Hubs & Offices – Creating a thriving ecosystem for business and employment opportunities.

Why Should You Buy Senze@PICC Now?

✔ Strategic Location – Enjoy unparalleled connectivity and convenience in a well-planned township.
✔ First-Mover Advantage – Early buyers can enjoy special M.O.C.H.A campaign deals, making ownership more rewarding.
✔ Hassle-Free Living – Fully furnished units mean zero renovation costs and immediate rental opportunities for investors.

Your Dream Home is Just a Step Away!

Developed by Hunza Properties, a name synonymous with quality and innovation, Senze@PICC promises a lifestyle of comfort and convenience. Whether you’re a first-time homebuyer, investor, or looking for a lifestyle upgrade, Senze@PICC offers everything you need.

Visit Penang’s Largest One-Stop Show Gallery

Discover the future of living at PICC, Penang’s largest one-stop show gallery, open daily from 10am to 6pm. If you’re interested in learning more about Senze@PICC or would like to schedule a personalized house tour, please contact Hunza Properties at 04-6090688 or click the WhatsApp link here: https://wa.link/eroito

Register your interest here

*By submitting this Form, you hereby agree to our PDPA Consent Clause.
(This information may be used by the developer or their appointed agent to initiate follow-up communications with you on the project.)