More hotels in Penang turned Covid-19 quarantine centres

Property News/ 24 July 2021 No comments


Several hotels nationwide have put aside their core business and have stepped in to assist the country in its efforts to combat the Covid-19 pandemic by turning their premises into Covid-19 quarantine centres.

Just a month ago, two hotels in Penang decided to operate their premises as quarantine centres. They are Vouk Hotel Suites and Bahang Bay Hotel in George Town.

Vouk Hotel, which was closed recently due to a near standstill in the tourism industry, has been taken over by Blanket Hotel on the mainland in March this year.

Its director Leja Hindon Salleh, 41, said it was important to stay relevant during this Covid-19 and the same applies to hotels that can do their bit to help the state in its fight against the unprecedented situation.

“We have to accept the fact that it is going to take some time before the tourism industry recovers.

“Rather than waiting and hoping for it to end any time soon, why not we from the related industry offer what we can to help put an end to this issue.

“People can laugh at you for doing something out of the norm, something that doesn’t reflect the nature of your business.

“But why bother when you can take pride from doing something that can benefit the lives of others?

“I saw the potential in these two hotels. That is why I decided to turn them into Covid-19 quarantine centres,” said Leja during an exclusive interview via telephone today.

She also added that since a month ago, a total of 300 individuals have been quarantined in both the hotels.

Source: Buletin Mutiara


Vertu Resort – A Resort-inspired Condominium at Batu Kawan

Batu Kawan/ 23 July 2021 Comments off

Vertu Resort consists of five stunning towers that are ingeniously designed into two clusters to not only stand apart as an iconic landmark but to also give residents exclusive privacy. The splendour of Vertu Resort can truly be experienced through its extravagant facilities, state-of-the-art security, sustainability features, exquisite layouts and panoramic vistas. This is an exclusive invitation for you to escape the conventional and traditional, and wholly embrace a captivating lifestyle of living for more.

  • FREE – water heaters & air cond
  • FREE – 12 months maintenance fees
  • HOC perks


  • Live for More Strategic Location
  • Versatile Layouts
  • Walking Distance to IKEA Batu Kawan and UOW Malaysia KDU Penang University College
  • 200,000 sq. ft. Facilities Floor
  • Longest Swimming Pool in Southeast Asia
  • Advanced (4-Tier) Security System
  • On-Demand Services
  • GBI Silver Certification GBI


“ Drawing inspiration from exotic resorts around the world, Vertu Resort is designed with idyllic luxuries and extravagant facilities. ”

Located centrally in Aspen Vision City (AVC), the northern LEGEND region’s largest intelligently integrated city, Vertu Resort gives you the advantage of being just minutes away from all kinds of amenities and hotspots that are highly sought after by people from far and near. Masterplanned with a comprehensive network of infrastructure, AVC comprises a myriad of commercial and residential projects that complement one another to build a self-sustaining community that will not only flourish economically but also elevates the standard of living exponentially.

Now, there are more reasons to stay home for a perfect getaway

Living at Vertu Resort is like being on an extended vacation in an exotic resort. It is lavishly designed with extravagant facilities and a variety of activity zones that promise unending fun and pleasure for everyone in the family. Take a leisurely dip in the azure waters of our 152-metre infinity residential pools, one of the longest infinity residential pools in Southeast Asia. Or if you prefer excitement over relaxation, pursue the activity of your choice at the facilities floor that spans a whopping 200,000 sq. ft. One thing that you will never run out of is the endless options for leisure, recreation, culinary exploration and discovery.

Call Aspen now at +6017-500 5308 to know the details of their Amazing Deals

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RFP for 1st affordable housing project by LPNPP is expected to open in October


Artist impression – The proposed affordable housing project at Bukit Gedung, Bayan Baru

The first affordable housing development project (RMM) by Penang State Housing Board (LPNPP) near Bukit Gedung, Bayan Baru is currently in the process of preparing documents for open tender.

The matter was informed by State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo during a press conference here just now.

Jagdeep said, at this time, the land survey work has been completed and the Request for Proposal (RFP) by open tender is expected to be opened as early as this October for a period of one month.

The construction work is likely to be offered to eligible developers in December 2021.

“The affordable housing project at Bukit Gedung will be developed on a 7.6 -acre plot of land, offering a total of 253 low medium-cost units and 1,014 affordable housing units below the ceiling price of RM300,000.

“Various amenities and facilities including 21 units of 3-storey commercial units will be provided in this project,” said Jagdeep, who is also a Member of the Board of LPNPP.

According to Jagdeep, the development of the RMM is the first project among the 10 projects that have been identified to be developed by LPNPP itself in all five districts in Penang.

“The ten RMM development projects under LPNPP will cover a total of 20,912 units.

“The State Government will continue to build more affordable houses for the people of Penang and has targeted up to 220,000 units to be provided by 2030,” he added.


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UPCOMING: Butterworth / CBD Capital Sdn. Bhd.

Butterworth/ 22 July 2021 No comments

Proposed renewal of a high-rise development by CBD Capital Sdn. Bhd. in the heart of Butterworth. Strategically located along 1.34 acres of land located between Jalan Kampung Gajah and BORR. It is adjacent to Wisma Tah Wah and Vista Perdana apartment. This project was initially proposed in 2015.

This develpment comprises a 16-storey 205-unit service apartment with 6 levels of car parking podium and 3 retail units located at the ground floor.  It will also come with facilities such as a swimming pool, gymnasium and etc.

The project is still pending for approval. More details to be available upon official launch.

Project Name: (to be confirmed)
Location : Butterworth, Penang
Property Type : Serviced residence
Total Unit: 205
Built-up Area: (to be confirmed)
Indicative Price: (to be confirmed)
Developer: CBD Capital Sdn. Bhd.

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Juwai IQI chief: Help first-time and lower-priced buyers to own a home

Property News/ 22 July 2021 No comments


Real estate agents hope the government will announce new initiatives in Budget 2022 to tackle affordable housing issues in the country.

Juwai IQI Group co-founder and chief executive officer Kashif Ansari said based on a recent survey by the company, it is hoped that there is more focus on making it easier for first-time and lower-priced buyers to acquire their own home.

The firm surveyed real estate agents across the country on the top-priority property market-related measures they would like to see included in Budget 2022.

The three measures that are most popular with the real estate industry are doing more to support first-time buyers, providing stamp duty relief, and reinstating the Home Ownership Campaign (HOC).

“Each of these was the top priority for 18 per cent to 19 per cent of the industry surveyed. That is nearly one out of every five agents,” said Kashif.

“What the three highest priority policy measures have in common is also the financial security and wealth building opportunities that go along with homeownership. We have all seen how unexpected external events such as the pandemic can upend the most carefully laid plans. If we can help young buyers obtain the security of owning their own home, we can ensure that the pandemic years were not lost years,” he said.

Kashif said the government has launched eight separate stimulus plans to support Malaysians and the economy in the face of the pandemic, and these efforts have helped many Malaysians.

“Four measures were nearly tied in the middle range of priority, with about one out of every ten industry respondents choosing each of them. These are lowering the real property gains tax (RPGT), increasing the minimum wage in major cities, reintroducing DIBS (developer interest-bearing scheme), and Malaysia My Second Home (MM2H).

“The industry’s top priorities differed somewhat by state. In Penang, Sabah, and Sarawak, 27 per cent of respondents favour extending the HOC. That’s nine percentage points higher than the national level. Nationally, only 18 per cent of agents call the HOC the top priority,” he said.

Kashif said reintroducing the MM2H scheme was the first priority for nine per cent of agents nationally but was not a priority for any agents in Penang, Sabah or Sarawak.

Source: NST Online