Lure of Penang sees spike in property prices

GEORGE TOWN: The scarcity of land on Penang island and its lure as a tourist destination and a second home for foreign retirees have caused residential property prices to soar by more than 25% over the past five years.

According to real estate valuers, the prices are among the highest in Malaysia, which is why the Consumers Association of Penang claimed that only the rich could live on the island a world heritage city.

A survey by The Star revealed that condominium units in Batu Ferringhi, Tanjung Bungah and Gurney Drive which front the sea are being sold at astronomical prices, in some cases beginning with RM2mil for a 1,000 sq ft unit.

Crowded skyline: High-rise buildings dot Gurney Drive, which was once a sedate, low-density area where locals came to relax. — K.T. GOH / The Star

Even pre-war houses in the inner city for example, in Campbell Street have been snapped up mostly by non-Penangites, who have turned them into boutique hotels or simply kept them because of their architectural beauty.

The prices of the houses have rocketed from about RM500,000 in 2007 to approximately RM800,000 today an increase of about 30%.

Raine & Horne Malaysia director Michael Geh said the increase was among the steepest in the Pulau Tikus, Gurney Drive, Tanjung Tokong, and Tanjung Bungah residential neighbourhoods, which experienced a rise of over 25% in prices of condominium units.

Other areas where prices of condominium units and terrace and semi-detached houses have shot up by at least 25% are Bayan Baru, Sungai Ara, Minden Heights and Batu Maung.

The medium-range housing schemes in George Town neighbourhoods of Perak Road, MacCallum Street, Burmah Road, Jelutong Road and Sungai Pinang have not been spared.

“These have seen over a 25% increase in prices over the past five years,” Geh said.

An apartment located in such a neighbourhood cost RM180,000 in 2007 but is now RM250,000,

Geh said the rise in property prices had driven many people to buy homes in Seberang Prai, where property prices are a third of those on the island.

“But we are seeing property prices on the mainland rising as well,” he added.

An apartment in Butterworth town is now selling for RM250,000, compared to RM180,000 five years ago, while a terrace house now costs RM500,000, compared to RM300,000 in 2007.

Mushroo ming buildings : A file picture showing Penang’s Gurney Drive in 2008. Many high-rise projects have sprouted there since.

Given the rise of raw materials prices and the scarcity of land, property prices in Penang were expected to continue rising, Geh added.

Meanwhile, Penang Barisan Nasional chairman Teng Chang Yeow said there were only one or two major hillslope projects during the previous administration. Now, there were hillslope projects all over the island.

He said the present guidelines on hillslope development were adequate, but the state government should be more stringent in enforcing them.- The Star/Asia News Network

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38 slope projects approved in last two years

Trees pruning must be with loving care! Where are the experts?

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Be more refined in pruning trees

WITH reference to “‘Tree killers’ at work in Penang” (The Star, Jan 10), I support fully the call to local authorities to be more sensitive and refined in their pruning techniques.

Whoever the contractors were, it should be obvious by the sight of their boorish handiwork how much they know about botany or care about the trees unfortunate enough to be marked out for their chainsaw massacre.

It is heart-wrenching to see lush, green trees that have taken so many years to grow – and which are so vital to our environment – turned into wretched mutilated stumps overnight.

In all the pruning work I’ve seen in the city, never have I seen anyone approaching a “professional” supervising the work.

Don’t the local authorities, whether MPPP or JKR, have any one suitably qualified? Can’t they ask the Botanic Gardens for help? Or would anyone with a crane and a chainsaw suffice?

CH’NG HAN WEI,
Batu Feringghi, Penang, The Star



Treat our trees with loving care

AS a resident of Penang, I was so happy to read StarMetro North front-page story ‘Tree Torture’ on Tuesday.

That story highlighted the hacking of trees by a private contractor and the lack of supervision over such an important project which has far reaching implications.

The majority of visitors to Penang come here not to look at new concrete housing and highrises.

They want to enjoy the traditional architecture, the food and the scenery which includes the beautiful trees that line our streets.

Now, these trees — which are one of the most important elements that set Penang apart from other cities — are fast disappearing.

The increasing destruction of trees is evident almost every day.

Many businessmen are now destroying trees illegally to make way for advertising signs which are eyesores. This is such an oversight.

Destroy the trees and you destroy the heritage and birthright of future generations to enjoy.

As trees vanish, I guarantee, so will the tourists to Penang.

LEWIS, Penang.The Star 

Friday January 13, 2012, The Star

Where are the experts? 

It’s a bad job, says writer

ALLOW me to comment on StarMetro North story ‘One hack of a job’ which appeared on Tuesday.

State exco member Lim Hock Seng, who is chairman of Public Works, Utilities and Transport, said in his reply that the contractor ‘did not do pruning often so it was not practical to just trim a bit’.

To me, this is a silly and unacceptable explanation. It means it is acceptable practice by a contractor to do massive cutting of tree branches even to the extent of them becoming ‘bald.’ No wonder this has been practised by the Public Works Department and Penang Muni-cipal Council (MPPP.)

On MPPP president Patahiyah Ismail’s statement in the second story titled ‘Tree pruning necessary’ on Wednesday that the council sought advice from experts before executing pruning projects, I am sorry I don’t think so.

From my observations when council workers carry out massive cutting or pollarding of roadside trees, the huge branches cut down are still healthy.

There are no ‘so-called’ experts around to give advice, just manual workers doing the job cutting at their pleasure.

Branches are left by the roadside or pavement for a day to three sometimes, before being removed forcing pedestrians to walk on busy roads, thus endangering themselves.

Maybe, this is in keeping Penang green and clean. I have brought (this issue) to Patahiyah’s attention by e-mail. She directed her landscape officer to reply with a silly explanation.

I have also forwarded pictures at Edgecumbe Road, Pulau Tikus, taken on July 1 last year, to Patahiyah. Note the massive cutting on July 20 last year as well as the bald tree in the latest picture taken on Wednesday. This tree is now dead.

Is this advice from experts? What a disappointment from the statements of both parties.

AB YEE, Penang