Press conference chaired by YAB Mr Lim Guan Eng., Chief Minister Penang and Chairman PDC on Monday, 21st July at 12.30 noon at KOMTAR Level 28, Conference Room.
Request For Proposal For Joint Development of 4.23 Acres of Land at Site Known as PT 330 Sandiland Foreshore, Section 11E, Jalan C.Y. Choy, Georgetown, Northeast District, Penang.
Penang’s quest for the provision of quality and affordable housing will receive another boost with the Request for Proposals for the development of 4.23 acres of land at the Sandiland Foreshore, at Jalan C.Y. Choy. The proposed mixed development project will comprise components of medium cost apartments, low medium cost flats and related commercial facilities.
The Chief Minister Incorporated (CMI) which is the registered proprietor of the Sandiland Foreshore land, in support of the State government’s efforts to develop more affordable homes, has appointed PDC to develop and/ or manage the development of the land.
PDC, acting for and on behalf of CMI is now requesting for proposals from incorporated local companies to undertake the design, build and complete the whole development on the Land in accordance with the Conditions of Tender as stated below:
Leasehold 99 years subject to condition and restrictions in interests to be imposed by the State Government.
The Development Components consist of:-
(a) Medium Cost Apartments – not more than 482 units with the breakdown as below:-
(i) 241 units at minimum 1000 sq ft at ceiling price of RM400,000.00;
(ii) 161 units at minimum 900 sq ft at ceiling price of RM300,000.00; and
(iii) 80 units at minimum 800 sq ft at ceiling price of RM200,000.00
(b) Low Medium Cost Flats – minimum 321 units:-
(i) Minimum 700 sq ft at ceiling price of RM72, 500.00.
(c) All Medium Cost Apartments and Low Medium Cost Flats are provided with the following finishes and facilities:-
(i) For Low Medium Cost:
Floor tiles for toilet, kitchen, living room, wall tiles for toilet and kitchen;
For Medium Cost:
Floor tiles for toilet, kitchen, living and bedroom.
Wall tiles for toilet and kitchen.
(i) Common areas equipped with safety features – CCTV;
(ii) Access card at entrance gate and inside the lift; and
(iii) Façade treatment reflecting high end finishes eg. at windows and doors.
(d) Commercial Content
(i) Maximum total built up for the commercial content should not be more than 90, 014 sq ft ; and
(ii) SOHO, Service Apartments, Business Suites, Medical Suites or any other development which are similar to SOHO will not be allowed.
The Successful Tenderer shall at its own cost and expense design, build, construct and complete the development on the proposed site within 60 months from the date of the Joint Development Agreement.
The Reserve Price for the Land Premium is RM125.00 per square feet.
Any companies who are interested to participate in this RFP can purchase the RFP document for One Thousand Ringgit Malaysia (RM1,000.00) during office hours at PDC starting from 22nd July 2014 (Tuesday) till 3rd September 2014 (Wednesday).
The State Government and PDC wish to reiterate that the RFP exercise is in line with the State’s CAT policy to ensure accountability and transparency, so that we can achieve high quality products and services even for affordable housing with competitive pricing through the open tender system.
This mixed development project is testimony of the State Government’s commitment to the provision of housing to the people, following closely the launching and implementation of the SP Chelliah and the Batu Kawan AHS projects. Also in the pipeline this year are the AHS projects at Teluk Kumbar and Kampung Jawa, which will further add to the services and facilities provided by the State Government and the PDC to the people of Penang.
The development of affordable housing and commercial facilities at the Sandiland Foreshore, which is a stone’s throw from the George Town World Heritage Site, represents pockets of sustainable and viable development by the State Government and PDC, which will complement the nearby KOMTAR Tower upgrading and revitalisation programme, the Penang Heritage Centre project at Komtar Phase 5, and BIDS (Business Improvement Districts) project, which are carried out for the benefit of the people of Penang.