The affordable housing project, Chelliah Park City, certainly provide 770 low to medium-cost 700-sq ft units valued at RM72,500; of which 320 are Bumiputra units.
Moreover, there will also be 883 medium-cost units priced at RM200,000; 165 units at RM300,000; and 82 units at RM400,000. Here are the summary of units offered for each and every classification:
|
Category
|
Size
|
Price/unit
|
Total
|
|
Medium Cost
|
1000 sq.ft.
|
RM 400000
|
80 unit
|
|
900 sq.ft.
|
RM 300000
|
165 unit
|
|
|
800 sq.ft.
|
RM 200000
|
885 unit
|
|
|
Low Medium Cost
|
700 sq.ft.
|
RM 72500
|
770 unit
|
|
Total
|
1900 unit
|
House for sale in Penang - Zubicon bested 7 other companies in the request for proposal (RFP) called from 17 January to 18 Febrauary. The developer was selected since it offers the highest Guaranteed Monetary Contribution (GMC) at RM60 million, with additional RM25 million for public facilities.
On the other hand, Zubicon proposed a sustainable and self-contained compact development concept for the plan. It will feature public facilities such as linear park and beautification of Sungai Pinang, bicycle lane, bus terminal, a surau and pedestrian walkway.
Once Zubicon signs the agreement, works for the project is expected to commence within the year and be completed three years after.
For registration details, you could refer to http://erumah.penang.gov.my/
Property Name: Chelliah Park City Location : Jalan S.P. Chelliah, Georgetown, Penang Property Type : Mixed development Built-up Area: 700 sq.ft. – 1,000 sq.ft. Developer : Zubicon Sdn Bhd
Other application way - get the form at 3 locations:
1) Office of the Penang Development Corporation in Bayan Baru
2) MPSP office in City PERDA; or
3) at 3rd Floor, Komtar
then, send the completed form to them.
Maps Location (House for sale in Penang):
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