Penang New Landmark | MM2H | Second Penang Bridge | Sultan Abdul Halim Mu'adzam Shah Bridge

1 April 2014: Latest news update...The rate for Class 1 vehicles at the second Penang bridge(Sultan Abdul Halim Mu'adzam Shah Bridge) link is RM8.50 which is 21.4% higher, and this would not help to reduce traffic congestion on Penang Bridge. There is no 20% discount for Touch N' Go card users unlike the Penang Bridge.

Touch N' Go card which allowed Penangnites to enjoy a RM5.60 special rate if they bought the card at the Penang Bridge office over in mainland. Only Penangnites will be entitled to the 20% rebate using Touch N' Go card and motorists must produce their MyKad at the bridge's counter next to the toll plaza as proof of their address. Other car drivers have to pay RM7.

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The iconic 2nd Penang bridge link has been official opened on 1-March-2014 and operator that managed the bridge is Jambatan Kedua Sdn Bhd(#JKSB). The official name for the second Penang bridge is Sultan Abdul Halim Mu'adzam Shah Bridge and been identified as E28[dual carriageway toll bridge in Penang, Malaysia]. 

The 24km(15miles) long link, which spans 16.9km(10.5miles) over the water, is said to be the longest bridge in South East Asia. The construction took six years to complete with the construction cost of RM4.5billion. By comparison, the first Penang bridge is 13.5km(8.4miles) long and was opened to public use in 1985. Distance from Batu Kawan interchange to the first Penang bridge toll plaza at Prai is 12km(7.5miles) whilst distance from Batu Maung interchange to the first Penang Bridge interchange in Gelugor is 8.5km(5.3miles). 

It's a paid bridge [similar with 1st Penang bridge] and the chargeable quantum rate is not prevail yet as of this writing. At the moment, the 2nd Penang bridge is free for public use till 31-March-2014. As for the toll rate to Bandar Cassia where the second Penang bridge located, Class 1 vehicles, from Juru toll to Bandar Cassia is RM1.40, RM0.50 (from Bukit Tambun), RM1.40 (from Jawi), RM15.40 (from Ipoh Utara) and RM41.90 (from Jalan Duta).

It serves as a development influx and catalyst for economic growth for south Seberang Prai(#SPS). Future establishment will be #IKEA, Hull University. Moving forward, Penang third link serves as a development influx and catalyst for economic growth for north Seberang Prai(#SPU). Refer to One Penang, Two halves, Three links...what is it for me as investor/developer?

http://www.vulcaninternational.blogspot.com/2013/11/malaysia-penang-2013-blueprint.html 

For more details on the 2nd Penang bridge refer to http://en.wikipedia.org/wiki/Sultan_Abdul_Halim_Muadzam_Shah_Bridge

Word of caution: Although the second Penang bridge is exempted from payment as of now, you still need to scan your Touch-N-Go card at Bandar Cassia toll booth [or get cash card] before exit otherwise you'll encounter scanning issue when you reach Juru toll or other NSE toll booths. 

The second Penang bridge scenaries as I'm driving along it:

Ramp up to second Penang bridge from Gelugor.

Mid span view of second Penang bridge.

Mid span view from a distance.

Bandar Cassia toll booth (direction from Penang Island).

This article has been written by VULCAN INT'L Real Estate Research Institutehttp://www.vulcanresearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://www.vulcaninternational.blogspot.com .

VulcanInternational could be contacted at +6 016 451 1321 .

You're welcome to write your constructive comment below.

Penang Property Guru | Bukit Jambul Country Club | Bungalow For Sale | Luxurious Villa At Bukit Jambul For Sale

This luxurious homely villa is enclaved in the millionaires row overlooking Penang Island and also close to nature. Situated 200 feet above sea level. Vicinity to international 18-hole Bukit Jambul Country Club (#BJCC) Golf Course and its magnificent 180º view of the Golf Course. It's 2 minutes drive to the golf course. 

This villa consists of 8 bedrooms and 8 bathrooms, a jacuzzi, 2 kitchens, 2 servant rooms and a theatre room.

This stunning 18-hole golf course was designed by the famous Robert Trent Jones Jr. is one of the Malaysia top golf clubs. Since its inception in 1984 the BJCC has been preferred golfing venue and it has played host to 31st Malaysia Open in 1992.

For further enquiry about the villa, please contact : Vulcan Lau +6 016-4511321

3 Reasons Why You Should Visit Penang, Malaysia | Good food in Penang | Retire in Penang | Tourism Penang |

First reason: Good food in Penang | Penang Cuisine | Penang aka Pearl of the Orient which is under Malaysia has recently been ranked top for its hawker food. This was revealed by British news website under http://www.independent.co.uk/travel/news-and-advice/where-are-the-foodies-going-in-2014-9094744.html. The excrept was from The Food Book by Lonely Planet that schedule for publication on February 14 2014 based on article written by Robin Barton. He further eloborate that although Malaysian hawker food has spread worldwide through "food trucks and pop-ups", nothing compared it with the actual experience of eating in Penang. "Its food reflects the intermingling of the many cultures that arrived after it was set up as a trading port in 1786, from Malays to Indians, Acehnese to Chinese, Burmese to Thais. State capital George Town is its culinary epicentre," he said.

CNN Travel, in November 2013, had also named Penang as having one of the best street foods in Asia under article titled George Town, Penang: Asia’s greatest street food city? http://travel.cnn.com/george-town-penang-asias-greatest-street-food-city-657636

Line Clear's nasi kandar at Penang Road          

Teochew Chendul at Penang Road

Second reason: Retire in Penang | Penang has been ranked third for the best place in the world to retire in their 2013 survey done by International Living http://internationalliving.com/2012/12/the-worlds-top-retirement-havens-in-2013/and their correspondent Keith Hockton just published an article Escape To A Tropical Island (And Live On USD1,500 A Month) http://internationalliving.com/2014/02/escape-to-a-tropical-island-and-live-on-1500-a-month/. In the article Thomas O'Neal discovered by himself how the choice he made is a prudence and wise move. "I figured that I’d take a chance and move lock, stock, and barrel. I could have just visited but where is the fun in that?, he said. Adding further "I rent a 1,600-square-foot apartment with an amazing pool, just five minutes’ walk from the ritzy Gurney Plaza shopping mall. It costs me just USD850 a month. I don’t need a car either so I’m saving money left, right and center. I love the weather—82 F on average—and Malaysia’s closeness to Thailand, Cambodia, Vietnam and Laos. When you combine that with a cost of living of USD1,500 per month including my rent, it’s almost unbeatable," says Thomas.

Gurney Drive's skyscraper condominiums, Penang

Third reason: Tourism Penang | The Unesco heritage site of George Town, Penang (listed in 2008) has been named the eighth holiday hotspot out of 40 destinations worldwide for 2014 by British daily, Guardian under article "Holiday hotspots: where to go in 2014":

http://www.theguardian.com/travel/2014/jan/03/holiday-hotspots-where-to-go-in-2014 . The order of top 10 ranking as follows:

1. Cape Town, South Africa

2. Uzes, France

3. Austin, Texas, US

4. Carmarthenshire, UK

5. Kolkata, India

6. São Tomé Principe

7. Alacati, Turkey

8. George Town, Malaysia

9. Alberta, Canada

10. Bordeaux, France 

Entrance of Chinese New Year Culture & Heritage Celebration 2014 along Beach St., Penang

Heritage buildings along Beach St., Penang

St. George's Church at Farquhar St., Penang

This article has been written by VULCAN INT'L Real Estate Research Institute http://www.vulcanresearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://www.vulcaninternational.blogspot.com .

VulcanInternational could be contacted at +6 016 451 1321 .

You're welcome to write your constructive comment below.

Wishing You A Happy Chinese New Year Of The Horse (2014)

May the year of wooden horse brings you prosperity.

Malaysia | Penang Properties | MAPEX 2014 | Hottest Property Deal In Town

Despite various property controls been implemented this year http://www.vulcaninternational.blogspot.com/2013/12/20142015-penang-property-my-musings-on.html there will be three-day Malaysia Property Exhibition 2014(Mapex 2014) to be held at G Hotel in Penang starting 2-Feb-2014. The event is been organised by Real Estate & Housing Developers' Association Malaysia(#Redha). It's expected to generate more than 20,000 people turnout during this three-day event. 

It will showcase projects from more than 15 Kuala Lumpur and Penang-based developers. Among major participating developers are IJM Land Bhd, Sunway Grand Sdn Bhd, Chong & Co Sdn Bhd, Boon Siew Group, Airmas Group, UDA Land, DK-MY Properties Sdn Bhd, Tropicana Corp Berhad, Plenitude Bhd, New Bob Realty Sdn Bhd, Bertam Properties Sdn Bhd and East West One Marketing Sdn Bhd.

The event will showcase residential property priced from RM372,000 to RM16mil located in northeast and southwest districts on the Penang Island and on the mainland. Participating developers are targeting Penangites living overseas and other Malaysians who are coming back home to celebrate the Chinese New Year as well as tourists from Singapore, Indonesia, Hong Kong, China and the United Kingdom.

Concurrently with Mapex 2014 there will be talks about legal, taxation, and loan aspects of buying property at the same venue.

This article has been written by VULCAN INT'L Real Estate Research Institute http://www.vulcanresearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://www.vulcaninternational.blogspot.com .

VulcanInternational could be contacted at +6 016 451 1321 .

You're welcome to write your constructive comment below.