AuctionPro.my

We are the exclusive marketing partner of LelongTips.com.my.

We display updated listings of auction properties in Malaysia and provide FREE assistance service for enquiries by telephone or online. Our below market value listing would benefit your property investment as well as for your own use.

go visit
 auctionpro.my
 
get in touch
 012-356 3866
 012-356 3866
 info@auctionpro.my

New Affordable Homes Planned For PA Residents In Sentul

SkyWorld Development Group will construct 800 affordable units on state land located 300 m away from the current housing site. The start date for the construction, however, has yet to be determined,  reported The Star.

SkyWorld, via its subsidiary Medan Srijuta Sdn Bhd, signed a memorandum of understanding (MoU) with the residents for the transfer of ownership to them, after which the original land will be acquired by it for another development.

Seri Negeri Sembilan PA residents association chairman Md Yusof Md Isa said they were happy and hoped the government expedites the project.

“The current buildings here were built and completed in 1981 and are in bad condition. We have to deal with leaky pipes, broken septic tank and leaky roofs, among others. The maintenance cost has also increased significantly, ” he said.

Md Yusof explained the residents would go on servicing their loans and would not need to get a new loan for the new house.

Datuk Ng Thien Phing, SkyWorld Development Group founder and managing director, said the company was only waiting for the Federal Government’s final approval before starting the project.

“The process can take up to 18 months before we obtain the necessary approvals such as the development order and building plan. After the new project is completed, the residents can move in, after which we can start development at the old site, ” he said.

Federal Territories Minister Khalid Abdul Samad praised the plan and said the government would support redevelopment efforts for the People’s Housing Project (PPR) and PA flats in the city.

“The Seri Negeri Sembilan PA was built 38 years ago and each unit is only 420sq ft to 540sq ft, which is hardly conducive for living. For the new development, each unit will be 800sq ft,” he said.


October 8, 2019
Source: Property Guru
Share:

Recent Posts

Bank Negara: Risks contained for non-residential property sector despite challenges

Bank Negara: Risks contained for non-residential property sector despite challenges

Risks in the non-residential property (NRP) sector remained contained in the second half of 2024 (2H 2024) despite continued challenges

March 26, 2025
Rumah lot Bumiputera harga RM300,001-RM500,000 paling banyak tak terjual

Rumah lot Bumiputera harga RM300,001-RM500,000 paling banyak tak terjual

Unit kediaman lot Bumiputera berharga RM300,001 hingga RM500,000 paling banyak tidak terjual sepanjang separuh kedua tahun lalu

March 26, 2025

Recent Auctions

1 Storey Terrace House

1 Storey Terrace House

Perumahan Kampung Padang, Pahang

RM 160,000

1 Storey Terrace House

1 Storey Terrace House

Taman Tennamaram, Selangor

RM 100,000

1 Storey Semi Detached House

1 Storey Semi Detached House

Taman Sri Pantai, Pahang

RM 350,000

Find Auction Property