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Majestic Heights Reports
Pages  01 (1992-1999) | 02 (2000-2001 | 03 (2002 | 04 (2003-Current Year)

Pg 01

  1. Unico set to launch two new projects 03/10/1992 BT By C.S. Tan
    IN A follow-through to its successful track record in property development, Unico Holdings Bhd is in the final stages of preparatory work on two new projects in Kuala Lumpur and Penang. Tan Sri Lim Geok Chan, a director, said in an interview yesterday that these new projects are its 70-acre Subang Industrial Park and 125-acre township at Paya Terubong in Penang.

  2. Majestic Heights ramal catat RM600j 23/04/1993 BH 
    MAJESTIC Heights Sdn Bhd (Majestic Heights), anak syarikat Unico Holdings Bhd yang terbabit dalam industri hartanah menjangka mencatat perolehan bernilai kira-kira RM600 juta hasil jualan projek pembangunan bandar baru di Pulau Pinang. Pengerusinya, Izzuddin Osman, berkata projek itu yang membabitkan kawasan seluas 52 hektar akan dilengkapi dengan 6,400 unit kawasan perumahan, komersil, industri ringan dan kemudahan awam.

  3. Majestic project at Paya Terubong 23/04/1993 NST By Azrin Azmi
    MAJESTIC Heights Sdn Bhd, a subsidiary of Unico Holdings Bhd, will embark on a mixed-development project in Penang costing RM550 million. The proposed township project, to be built on a 30 ha site at Paya Terubong near Ayer Hitam, is expected to generate RM600 million in turnover.

  4. Majestic Heights ramal catat RM600j 23/04/1993 BH
    MAJESTIC Heights Sdn Bhd (Majestic Heights), anak syarikat Unico Holdings Bhd yang terbabit dalam industri hartanah menjangka mencatat perolehan bernilai kira-kira RM600 juta hasil jualan projek pembangunan bandar baru di Pulau Pinang. Pengerusinya, Izzuddin Osman, berkata projek itu yang membabitkan kawasan seluas 52 hektar akan dilengkapi dengan 6,400 unit kawasan perumahan, komersil, industri ringan dan kemudahan awam.

  5. Majestic Heights expects RM600m from Penang project 23/04/1993 BT By Wan Nong Rezal
    MAJESTIC Heights (MH), which will be spearheading Unico Group's property development in Penang, expects its maiden project in the island to generate a turnover of RM600 million. MH executive chairman Izzudin Osman said the project, located on a 130- acre site at Paya Terubong Road, will see the development of 6,400 units including for residential, commercial and light industries' purposes.

  6. (Majestic Heights) 26/04/1993 BT
    MAJESTIC Heights, which will be spearheading the Umico Group's property development in Penang, expects its maiden project in the island to generate a turnover of RM600 million.

  7. Consultant: Paya Terubong project environs friendly 09/02/1995 NST
    PENANG, Wed. - The massive RM755 million satellite township project at Paya Terobong - which involves hill-cutting - will not be implemented on hillslopes, according to an environmental consultancy company. According to Yomart Environmental Systems Sdn Bhd - which undertook the preliminary Environmental Impact Assessment (EIA) study and approved by the Department of Environment (DOE) - the project will be built on flat platforms with retaining walls.

  8. Penang builder assures slope safety 13/04/1995 NST-CITYX By K. Suthakar
    THE developer of the RM755 million Taman Terubong Indah, an integrated million housing project in Paya Terubong, Penang has given assurance that all its 51 blocks of apartments will be constructed away from the slopes where massive hillslope cutting is taking place. Chairman of Majestic Heights Sdn Bhd, the developer of the project, Izzudin Othman, said work on 31 blocks to be constructed under phases six to 12 of the project would only commence when the three consultants engaged to conduct soil tests had confirmed the stability of the slopes.

  9. Strong buyer interest in cheap units 21/04/1995 NST-CITYX
    MAJESTIC Heights Sdn Bhd claims its units at Paya Terubong are being sold cheaper than the market price as it was only interested in making marginal profits after deducting land, construction and infrastructure costs. Its chairman Izzudin Othman said this was the reason the launching of Phase One costing RM68,000 late last year received overwhelming response with about 5,000 people rushing to book 1,090 units.

  10. Highland scarred by satellite township project 27/12/1995 NST
    TOO CLOSE FOR COMFORT ... This is one of the many hillslope development projects being undertaken in Penang. The hill is being cut to make way for the construction of a massive satellite township in Paya Terubong. The RM755 million project covers a 51ha site. Although there is massive hill cutting, the developer, Majestic Heights Sdn Bhd, has assured that there will be minimal damage to the environment.

  11. DOE keeping close tabs on huge Penang housing project 24/02/1996 BT
    THE Department of Environment is closely monitoring the environmental aspects of the mammoth RM755 million integrated housing project in Paya Terubong, Penang, which involves massive hill-cutting. State DOE director Raja Rokiah Raja Saigon said the developer, Majestic Heights Sdn Bhd, has done its best to fulfil the conditions when the Environmental Impact Assessment report was approved.

  12. Developer goes for more low-cost houses instead 11/03/1996 NST
    PENANG, Sun. - The developer of a RM755 million satellite township in Paya Terubong has decided to build an additional 4,000 low-medium-cost and low- cost units. Majestic Heights Sdn Bhd executive chairman Izzudin Osman said this was in response to the call for more private developers to build houses for the lower-income group.

  13. First project with wireless phones 27/03/1996 NST By M. Sahibullah
    PENANG, Tues. - Taman Terubong Indah in Air Itam will be the first mixed development project in the country to be installed with wireless telephone system. This was made possible with the signing of a memorandum of understanding between the project developer, Majestic Heights Sdn Bhd, and the country's sole operator of the wireles telephone system, Syarikat Telefon Wireless (M) Sdn Bhd, at Penang Sheraton Hotel today.

  14. Pemaju diarah baik pulih lereng bukit 03/05/1996 BH
    GEORGETOWN, Khamis - Kerajaan negeri mengarahkan pemaju perumahan, Majestic Height Sdn Bhd, supaya mempercepatkan kerja membaik pulih lereng bukit yang mengalami aliran lumpur di Taman Terubong Jaya, Paya Terubong, minggu lalu. Majestic Height ketika ini, terbabit dalam pelaksanaan projek Taman Terubong Indah berhampiran lereng bukit itu.

  15. Developer building canal to divert water flow 21/05/1996 NST
    PENANG, Mon. - Majestic Heights Sdn Bhd, the developer of the RM755 million Taman Terubong Indah satellite township at a hillslope in Paya Terubong, is constructing a canal to divert water flow following two recent mudflows there. The company's environment consultant Dr Lee Aik Heng said the canal was expected to be ready by the end of the month.

  16. Residents worried of mudflows from project 08/07/1996 NST-LTIMES
    RESIDENTS of Taman Terubong Jaya in Paya Terubong in Penang are pinning their hopes that the developer of a neighbouring plot of land, Majestic Heights Sdn Bhd, would honour its promise to prevent mudflows in the area. Residents fear a repeat of the mudflows which occurred at the parking lots and roads near Blocks 39 and 41 of the flats.

  17. Penang puts on hold appeal on RM800m hillslope project 30/03/1997 NSUNT
    PENANG, Sat. - The State Government has put on hold a developer's appeal on a controversial RM800 million hillslope project in Paya Terubong pending the outcome of a macro level environmental study of the valley. A State Govemment official told the New Sunday Times today that a decision on the appeal by Datas tream Corporation Sdn Bhd on density limits would only be made after the outcome of the study.

  18. Majestic Heights to inject RM48m in corn cultivation 10/02/1999 NST
    PROPERTY developer Majestic Heights Sdn Bhd plans to invest RM48 million in corn cultivation for the production of animal feed on a 2,842-hectare plot in Lanchang, near Temerloh. Executive chairman Izzuddin Osman said all aspects of the integrated project would be mechanised to ensure maximum output.

  19. Majestic Heights get ultimatum to complete units 13/07/1999 NST
    PENANG, Mon. - Taman Terubong Indah house buyers are not the only ones losing patience with delays in the delivery of their medium-cost units. So is the State Government.

  20.  `Empower States to act against errant developers' 13/07/1999 NSTBy S. Shanker
    PENANG, Mon. - State Governments are unable interfere with delayed and abandoned private housing projects as there are no laws empowering them to do so. Chief Minister Tan Sri Dr Koh Tsu Koon, whose State Government has been regularly on the firing line on this matter, wants the Local Government and Housing Ministry to amend laws that govern housing development in the country.

  21. Buyers ask for stay of loan repayment 10/08/1999  The Star
    Many housebuyers of the Majestic Heights project have appealed to Bank Negara and financial institutions to grant a reprieve on loan repayment pending issuance of certificates of fitness.

  22. Highrise buyers act to stop winding-up 10/08/1999 The Star
    More than 1,500 frustrated buyers of Majestic Heights' Phase I units have started legal action to stop the developer from winding up the company before it completes the project.

  23. HDA: Relax conditions, levies 11/08/1999 The Star
    The Housing Developers Association yesterday appealed to the state to relax its conditions and levies imposed on developers to avoid problems afflicting buyers such as in the case of the Majestic Heights project. Its Penang branch chairman Datuk Ong Gim Huat said had the government agencies heeded the HDA's appeal earlier, the problem might not have happened.

  24. Company reps walk out of meeting 20/08/1999 The Star
    A meeting between Majestic Heights and its Phase I buyers' committee ended with the developer representatives walking out yesterday. The latter had refused to discuss matters concerning physical completion of the blocks.

  25. Judge: Let project continue 24/08/1999 The Star
    A High Court judge said yesterday Majestic Heights Phase 1 buyers should give the developer a chance to complete its Paya Terubong project before a liquidator takes over as a last resort. Justice Jeffrey Tan said: "If the developer exhibits genuine intent, it should be given a fair shot to complete the project."

 

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