11,800 units of affordable properties of which the highest priced ones would only be RM400,000? Yes, that’s being built in Penang. It’s not within the island but in the mainland, near to the second bridge. Thus, it is now possible to stay at a good place, for an affordable price and commute to and fro to work within 30 minutes. Yes, it is true, once everyone uses the bridge and more developments come up, the 30 minute goal will be harder but the price is half of what is available in Penang, what’s extra 20 minutes when it really happen? Details are as follows:
Message from the state government:
Following the completion of Sultan Abdul Halim Mu’adzam Shah (Second Penang Bridge) in March 2014, it is no exaggeration to say that Batu Kawan is poised to emerge as one of Penang’s most rapidly developing regions in the coming years. A 20-minute drive through the 2nd Penang Bridge brings you to Bayan Lepas, Penang’s main industrial hub. Additionally a wide range of amenities and facilities including schools, wet markets, banks, health clinics, hypermarkets and other industrial parks are only within a short drive away from Hijau E-Komuniti.
ii) Penang-born working in Penang and a registered voter in Penang or; Residing in Penang for at least 5 years from the date of application and a registered voter in Penang.
iii) Aged 21 years and above as at the date of application.
iv) Income not exceeding RM2,500 for Low Cost (husband and wife).
v) Income not exceeding RM3,500 for Low Medium Cost (husband and wife).
vi) Income not exceeding RM6,000 for Affordable Homes priced at RM200,000 (husband and wife).
vii) Income not exceeding RM8,000 for Affordable Homes priced at RM300,000 (husband and wife).
viii) Income not exceeding RM10,000 for Affordable Homes priced at RM400,000 (husband and wife).
ix) For Low Cost/Low Medium Cost applications, the applicant and spouse must not own any property in any state in Malaysia; For Affordable Housing applications, the applicant and spouse must not own any property in any state in Malaysia except Low Cost homes.
More information needed? Here: http://www.pmm.gov.my/
written on 4 July 2014
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