UDA/IPG – I-Santorini @ Tanjung Pinang – Penang - Project Profile

Synopsis


"UDA/IPG I-Santorini @ Tanjung Pinang Penang - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "UDA/IPG I-Santorini @ Tanjung Pinang Penang - Project Profile" is part of Timetrics database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary


The Government-linked Urban Development Authority (UDA) Holdings Bhd in a joint venture with Ideal Property Group (IPG) is undertaking the construction of a housing project in Penang, Malaysia.

The project involves the construction of a housing estate with 2,155 residential units. It will be implemented in two parcels.

The first parcel includes the construction of two 48-story residential towers comprising 1,320 units with 52 shop-office units and the second parcel includes a 49-story tower comprising 835 units with 16 shop-office units.

The project includes the construction of retail space, access roads, a water supply system, an eight-level parking garage, and other related facilities.

On June 16, 2012, UDA signed a settlement agreement with the settlers and thus resolving the issue that had prolonged for 40 years.

In September 2013, the project faced delay due to land disputes and refusal from villagers to vacate the land.

Construction activities are underway on the project.

Scope


The project involves the construction of a housing estate with 2,155 residential units in Tanjung Tokong, Penang, Malaysia.

The US$201 million project includes the following:

1. Construction of two 48-story residential towers with 1,320 condominiums and 52 shop offices units in first parcel

2. Construction of a 49-story residential tower with 835 units with 16 shop offices units in second parcel

3. Construction of eight-level multi-story car park

4. Construction of access roads

5. Construction of a water supply system and sewerage systems

6. Construction of other related facilities

7. Installation of elevators

8. Installation of safety and security systems

Reasons To Buy


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1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Scope
6.Description
7.Latest update
8.Background
9.Key Contacts
10.General News, Project News
11.Appendix


UDA/IPG – I-Santorini @ Tanjung Pinang – Penang - Project Profile

Synopsis UDA/IPG I-Santorini @ Tanjung Pinang Penang - Project Profile contains information on the scope of the project including project overview and location. The profile also details project ownership

USD 75 View Report

UDA/IPG – I-Santorini @ Tanjung Pinang – Penang - Construction Project Profile

Synopsis UDA/IPG I-Santorini @ Tanjung Pinang Penang - Construction Project Profile contains information on the scope of the project including project overview and location. The profile also details project

USD 75 View Report

UDA/IPG – I-Santorini @ Tanjung Pinang – Penang - Construction Project Profile

Synopsis UDA/IPG I-Santorini @ Tanjung Pinang Penang - Construction Project Profile contains information on the scope of the project including project overview and location. The profile also details project

USD 75 View Report

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