2 Penang housing projects to be revived

2 Penang housing projects to be revived

27/02/2008 New Straits Times By Lee Keng Fatt

GEORGE TOWN: Two abandoned housing projects in the state, one of them in Kepala Batas, will be revived.

This follows the signing of a memorandum of understanding between UDA Holdings Bhd's subsidiary, UDA Land (North) Sdn Bhd, and Koperasi Serbaguna Jelutong Pulau Pinang Berhad (KSJPP) yesterday.

UDA Holdings managing director Datuk Jaafar Abu Hassan said the two projects were Taman Orkid in Pongsu Seribu, Kepala Batas, and Mengkuang Heights near Seberang Jaya.

They have been abandoned since 2005.

He said the units were expected to be completed within 18 months.

Taman Orkid comprised 71 units of single-storey bungalows, while 61 single-storey units and 19 one-and-a-half storey bungalows will be developed at Mengkuang Heights.

The projects are about 25 per cent and 65 per cent completed respectively.

They were developed by Syarikat Sri Jeluda Sdn Bhd in 2003 but were abandoned two years later.

State Housing Committee chairman Syed Amerruddin Datuk Syed Ahmad praised UDA Holdings for their willingness to revive the projects.

"We appreciate that UDA Holdings has decided not to increase the cost of the units sold earlier."

He said two more abandoned projects in the state were in the process of being revived.