Revived highrise may be renamed
19/08/2002 The Star
THE Taman Terubong Indah (Majestic Heights) Phase 1 project, which is
presently being revived after a four-year delay, may take on a new name to
reflect a positive image.
Its purchasers’ committee executive advisor S.L. Chang said the
committee was toying with the idea of renaming the place ‘Dragon Peak’ or
‘Dragon Heights’.
“The name Paya Terubong directly translates into Hokkien as Long
Boay and in Mandarin as Long Wei, both of which mean Dragon
Tail.
“Since we are at the higher end of the hilly area, we would like to be
the dragon head. But, we will first ask buyers for their opinions before
applying to rename the place,” he told reporters at the project’s open day
recently.
Also present were Bayan Baru MP Wong Kam Hoong and state executive
councillor Datuk Dr Loh Hock Hun, who is Paya Terubong assemblyman.
The project’s new developer Wira Properties Management Sdn Bhd managing
director Low Kwok Leong said he was confident that the project’s physical
work would be ready by end of December.
“Our contract ends Jan 18, 2003, so we must complete it before that. On
completion, we will surrender all nine apartment blocks under Phase 1 to
the liquidator, Deloitte Kassim Chan to apply for the certificate of
fitness for occupation,” he said.
Low said Wira Properties was in the midst of getting approval from the
Penang Municipal Council and other technical departments for the project’s
facilities before submitting a clearance letter for the OC application.
He noted that the revival work included the installation of lifts,
street lighting, water and electricity supply, rewiring and replacement of
broken windowpanes as well as repainting of all the blocks.
Revival work on the project’s Phase 1, which has 1,555 buyers, finally
kicked off on Aug 8. About 86% of the buyers had agreed to pay RM7,500
each for the revival costs, amounting to RM12.3mil.
Housebuyer Yeoh Kai Teik criticised state DAP organising secretary
Danny Law for giving false information that construction work on the
project had not started since the revival was launched on Aug 8.
Launched in 1995, the four phases of Majestic Heights project,
comprising 2,955 housing units, 55 shop lots and 22 light industrial
units, was the country’s largest single abandoned housing project. |
