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Malaysia : GEORGE TOWN: PENANG floats tender for 600 affordable housing project

Publish Date : 23-Aug-2016

The Government of the Malaysian State of Penang today has made an announcement on its commencement of a tender procedure for the construction of 600 affordable housing units at Ujung Batu. The project will be developed on the state-owned property located at Ujung Batu in Bagan Dalam, Seberang Perai. The Chief Minister of Penang State Lim Guan Eng has made announcement on this development.

He has further said that the project will be implemented via a planned development agreement exercise. The CM stated, The development of Ujung Batu is to support the state's effort to alleviate squatter problems in the area. Penang Development Corporation (PDC) is the development division of the Penang State.

The Penang Chief Minister has revealed that the area has overall 400 squatter houses, and the planned development will facilitate people living in those areas with better housing and infrastructure facilities. As per the plans, there will be establishment of affordable housing units, mixed development, as well as installation of associated infrastructure and facilities on the State-owned 13.325-acre land.

The State Executive Council has assigned PDC as the Project Manager to develop the land, which has a leasehold tenure of 99 years. The PDC will issue invitation to the local companies asking them to submit their bids for the development agreement to carry out the design, build and completion of the whole development area.

It is likely that the development will be accomplished in multiple phases over a period of 10 years from the launch of the project. The Government will issue the request for tender tomorrow and it will remain open till October 24, 2016.

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