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Sunday, June 7, 2015

Malaysia | investPenang | Penang Capital Investments 1QFY2015 In One Easy Step (Infographic)

How is Penang Capital Investments' achieved during 1st Quarter FY15?

Penang Capital Investments 1st Quarter FY2015 has been reported to come in 2nd place as compare to other states in Malaysia with approved investments of RM2.9 billion (based on local and foreign investments which accounted for 8.6% in overall country's investments). 

It was behind Johor State which captured a staggering investment of RM26 billion of same quarter, according to figures that been released by Malaysian Investment Development Authority (Mida).

Penang State just published their result for its first quarter performance in their Key Performance Index (KPI) on capital investments elaborated further that 88% of the state investments came from electrical and electronics (E&E) sector. Countries that top foreign investors in Penang were the United States, China, The Netherlands, Singapore and Germany. For the year 2014, investments main source contribution were from E&E and biomedical sectors. In this particular aspect, NEPCON Malaysia trade show will be one of the catalyst in promoting the electrical and electronics (E&E) sector. It's said to be one the popular platform in dealing with new products and services launching related to electrical and electronics.

For year 2014 updates, Penang State came in 3rd with a total of RM8.16 billion, behind Johor (RM21 billion) and Sarawak (RM9.6 billion). For more details report refer to Malaysia | investPenang | Penang State's Capital Investments From 2010-2014.

Infographic%3A%20Nepcon%20Malaysia%20%7C%20Penang%20Capital%20Investment%202010/2011/2012/2013/2014/2015

[Infographic: Malaysia | Penang Capital Investment 2010-2015]

Boldly go. LLAP

This report is been compiled by VULCAN INTERNATIONAL Real Estate Research Institute http://VulcanResearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://VulcanInternational.blogspot.com .

#VulcanInternational could be contacted at +6 016 451 1321 .

You're welcome to write your constructive comment below.

Saturday, May 30, 2015

Apartment Penang | MM2H | BayStar Condominium For Sale/Rent

BayStar Condominium is a luxury condo and currently the only one in Bayan Indah, Bayan Bay area that is of freehold in tenure as compared to Summerton Condominium, Gold Coast Resort Condominium, Putra Place and Putra Marine Condominium. It was built by CP Lands, a subsidiary of CP Group developer in Penang. CP Mall Sdn. Bhd. is 'the white knight' for Queensbay Mall mega project. In 2010, CapitaMalls Asia acquired Queensbay Mall in Penang for about RM658.3 million (S$275.6 million).

The BayStar Condominium comprises two blocks namely Block A and Block B which is 11-storey each on a piece of freehold land with land area of 3.69 acres. Total density is 160 units which facing sea view and Queensbay Mall's view.

Facilities included 24-hour security surveillance, intercom system and key card access, infinity swimming pool and wading pool (refer to picture attached), children's playground, fully equipped gymnasium, all-purpose hall, visitor's lounge with free wifi access (refer to picture attached). 

For Sale: BayStar Condominium (High floor)

Bedroom: 3

Bathroom: 3

Build Up: 1560 sq ft

Parking Bay: 2

Condition: Renovated and fully furnished

Remark: The BayStar Condo is walking distance (of 5 minutes) to Queensbay Mall, Penang.

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BayStar Condominium is a luxury condo

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Visitor's lounge with free wifi access

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Infinity swimming pool and wading pool

BayStar%20Condominium%3A%20Home/House%20For%20Sale%20Living%20Hall

Walking%20distance%20of%205%20minutes%20to%20Queensbay%20Mall%2C%20Penang.

Home For Sale Video: Vulcan International REIC's Video: BayStar Condo For Sale

The pictures in this video is been intended for "Home For Sale." If you're interested with the home please do contact: Mr Vulcan Lau, mobile: +6 016 451 1321 to further your intention. Alternatively this home will be available for rent subject to owner's consent.

Boldly go. LLAP

Interested buyer please contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational

Note: If you've factories/warehouses/lands/commercial buildings/condominiums/apartments/houses/homes to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS.

You're welcome to write your constructive comment below.

Monday, May 25, 2015

Penang | MM2H | Heritage Building Under Thread To Be Saved

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A NON-GOVERNMENTAL organisation (NGO) has expressed concern about the possible demolition of a heritage building in Anson Road to make way for a high-rise condominium tower.

Penang Citizens Chant Group (Chant) adviser Yan Lee said an application for planning permission to the Penang Island City Council (MBPP) submitted on Oct 16, last year, had been delayed since May 12.

The local council’s One-Stop Centre (OSC) portal states that the developer has submitted the application for the construction of a proposed 43-storey condominium block.

It comprises a lobby on the first and second floor, car park space from the first to 11th floor, recreational facilities from the 11th, and 40th to 43rd floor, and 75 condominium units from the sixth to 39th floor.

The application, the portal states, also includes a proposal to demolish a part of the annex at the back of the building and to restore the existing two-storey heritage building on Lot 1146, 19 Anson Road.

Lee said the building’s heritage classification could not be determined as the George Town World Heritage Incorporated (GTWHI) inventory of heritage buildings had yet to be made available.

“The preparation of inventory of heritage buildings is under the GTWHI and heritage buildings are expected to be classified under two categories.

“Category One is for buildings of high architectural and historical values which are not to be demolished, altered and extended except for restoration.

“Under Category Two are buildings with architectural values which are allowed to be renovated for adaptive reuse,” he said.

Calls made to GTWHI general manager Lim Chooi Ping to ascertain which category the building on 19 Anson Road falls under were futile as of press time.

Meanwhile, a photo of the building and a statement that read: “19 Anson Road is a heritage building? I heard the owner (is) going to tear down the heritage building for a high-rise building development.

“Please help to stop and preserve it!!!” was posted on the Facebook page of Penang Heritage Trust (PHT) president Khoo Salma on Wednesday.

Salma commented: “Another endangered heritage building outside the George Town World Heritage Site.

“This one is 19 Anson Road. MBPP, GTWHI, where is your inventory? Penang state, where is the state heritage enactment and policy?”

Under the same post, she also commented “If the Pykett illegal demolition is not appropriately penalised, the present or future owner of 19 Anson Road could just knock it down illegally and wait to get an approval for new high-rise in five years’ time”.

Lee had reportedly said in 2010 that the then Penang Municipal Council (MPPP) had issued a rebuild order to a developer who had demolished a colonial era double-storey bungalow in Pykett Avenue.

The bungalow was demolished before the council’s technical heritage review panel could arrange for an inspection of the heritage building.

When contacted, Salma said it appeared that the application by the developer was for planning permission for “40+ storeys and part demolition”.

State exco member Chow Kon Yeow, when contacted, said the application for planning permission had been tabled on May 12 but not approved.

He said the decision had been put on hold as the application was subjected to compliance with technical requirements.

Source: STARMETRO | NEWS

Related Story: Exclusive Focus: The Last And Oldest Siamese Settlement In Penang On The Verge Of Demolish

Cause for concern: Heritage enthusiasts fear that the heritage building in Anson Road, George Town, may make way for a high-rise condominium. What's your fear or rather opinion?

Boldly go. LLAP

#VulcanInternational could be contacted at +6 016 451 1321 .

You're welcome to write your constructive comment below.

Friday, May 15, 2015

Commercial Bungalow That Meet Your Business Needs

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This bungalow is situated at strategic location of Jalan Sultan Ahmad Shah (formerly known as Northam Road, Penang aka Millionaire's Row in Penang). This real estate property is in commercial zoning.

Currently available for rent (to let) is the two storey bungalow with large compound fronting Jalan Sultan Ahmand Shah and the specification as stated below:

Built-up : approx. 4,000 sq ft

Land area : 13,250 sq ft

Tenure : Freehold

Parking space: 10 cars

Location : Jalan Sultan Ahmad Shah, 10050 Penang MALAYSIA

The bungalow was sold by me in 2012. With multi-storey carpark behind (under construction), the site is good for banking, insurance company, telecommunication headquarters like Maxis, Digi who want their strong present in upper class residential and prominent neighbourhoods.

Jalan Sultan Ahmad Shah is highly dense area that been populated by mansions, The Northam All Suite Penang, condominiums, skyscrapers with its seafront neighbourhood housing some rich philanthropists. The Wawasan Open University is also located along the road.

Boldly go. LLAP

Interested tenant please contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational

Note: If you've factory/warehouse/land/commercial building/condominium/house to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS.

You're welcome to write your constructive comment below.

Thursday, May 14, 2015

Why Penang Pulau Tikus Bungalow For Sale Will Make You Question Everything?

Pulau Tikus used to be suburb in George Town city in Penang Island, Malaysia and since with the expansion of Georgetown city limit it falls under urban district/zoning. 

It housed "upper class residential" and prominent neighbourhoods with vicinity such as Penang Gurney Drive | Gurney Paragon, Gurney Plaza and stretch of condominiums which is a stone's throw away. It's also famous for its food heaven like delicious Lok Lok steamboat, Pulau Tikus market, Pulau Tikus homestay.

It has its fair share of bungalows, mansions and colonial buildings besides its famous temples Wat Chaiyamangalaram Thai Buddhist Temple and Dhammikarama Burmese Buddhist Temple at Burmah Lane, Penang.

Malaysia%20%7C%20Penang%20%7C%20Pulau%20Tikus%20Bungalow%20For%20Sale.

Currently available for sale is a scarcity of a rare opportunity to own single storey bungalow with large compound within Pulau Tikus precinct and the specification as stated below:

Built-up : approx. 6,000 sq ft

Land area : 13,500 sq ft

Tenure : Freehold

Parking space: 8 cars

Location : Upper class residential in Pulau Tikus, Penang MALAYSIA

P.S.: Real estate property especially landed property in Penang is synonymous with capital appreciation by virtue of scarcity of land in the Penang island.

Boldly go. LLAP

Interested buyer please contact Mr Vulcan Lau, mobile no.: +6 016 451 1321 | #VulcanInternational

Note: If you've factory/warehouse/land/commercial building/condominium/house to sell/let or intent to buy/rent one, do call Mr Vulcan Lau +6 016 451 1321 . We will match the buyer/tenant or seller/landlord for you from our MLS.

You're welcome to write your constructive comment below.