Batu Kawan to rival Bayan Lepas A population of 250,000 expected with industrial and housing boom
Friday, 17 February 2012 10:40
BUTTERWORTH: Batu Kawan, once a rural swampland of oil palm estates, is set to become the next Bayan Lepas, Chief Minister Lim Guan Eng said.
He said three major investments from Robert Bosch, Boon Siew Honda and VAT Manufacturing Malaysia totalling about RM10bil in Batu Kawan would have spillover effects on different sectors, including thousands of jobs for those living in the area.
“At the same time, Batu Kawan will also have the country’s first integrated, streamlined and symmetrically designed affordable housing scheme.
“We have engaged the world’s best in this field, Surbana International Consultants — the privatised building and development division of Singapore’s Housing and Development Board (HDB),” he said before performing the ground breaking for the RM2.7bil Bandar Cassia Affordable Housing Scheme yesterday.
On the state’s choice of the consultancy firm, Lim said the state’s investment arm Penang Development Corporation (PDC) did not want to copy or model its affordable houses after some of the world’s best designs but to appoint the best in the industry to help with the planning.
Lim reiterated that the housing project, which would be given out to local contractors via an open tender, would be ideal for the middle-income earners.
“We do not want our middle-income earners to live in boxes. That is why proper planning is vital so that they can live with pride and enjoy quality living through this scheme.
“This eco-friendly designed project, on an 80ha plot of land, will have about 12,000 medium-cost housing units, three football fields, a man-made river and recreation parks,” he said.
Lim said the freehold units, ranging from 800sq ft to 1,000sq ft, would be housed in high-rise buildings of between nine and 16 storeys. The units are priced at between RM72,500 and RM220,000 each with a free car parking lot.
He said Surbana was committed to oversee the project’s progress throughout the scheduled 10-year development period over five phases with the Phase 1 expected to be ready by 2014.
“The state government will undertake the maintenance and management of these housing units once completed.”
He said the various projects would ‘create’ a population of about 250,000 residents.
From The Star
Upcoming Events
Interview
Guang Ming Daily:
"Owners' Auction" Business Talk - 2 Out of 12 Properties Sold
News Straits Times:
"Better way" to auction off properties
Guang Ming Daily:
Properties Auctioned by Owners Are Over Priced
Auction Central News
- Sales of Cyprus real estate fall again
- Dubai property prices on the rise
- Malaysian retail property 'attracting attention'
- Spanish banks 'will have to raise more provisions for property losses'
- Australian commercial property market "stable"
- Transfer of banks' toxic assets 'won't be forced'
- French mortgage market 'attractive for Brits'
- Turkish property market 'attracting Middle Eastern buyers'








