PBM unveils phase 2 of Bandar Tasek Mutiara

PBM unveils phase 2 of Bandar Tasek Mutiara
Digg this story Add to your del.icio.us account

By DAVID TAN

BUTTERWORTH: Pembangunan Bandar Mutiara Sdn Bhd (PBM) is launching the second phase of the RM2bil Bandar Tasek Mutiara in Simpang Ampat, Seberang Prai, in the first quarter of 2008.

Assistant general manager Tan Hun Beng said the phase comprised some 8,000 terrace and semi-detached houses and bungalows, which would be launched in stages.

“This phase, with a gross development value of RM1.4bil, is called Mutiara Eco-Park Homes.

“This is because it will be surrounded by green and open spaces while offering an eco-friendly environment with use of unique landscaping,” he told a press briefing yesterday.

“The project, expected to be completed in 10 to 15 years, is located on a 700-acre site,” he added.

Tan said the development was aimed at tapping the new demand for housing in South Seberang Prai.

“The construction of the second Penang bridge and the implementation of the Northern Corridor Economic Region projects will spur fresh demand for housing in the area.

“We are also expecting a new four-lane road connecting Simpang Ampat with the North-South Expressway to be completed very soon.

“This new road will definitely boost the properties in Simpang Ampat and Bukit Tambun,” he said.

Residents of Mutiara Eco-Park Homes would have access to Pearl Sanctuary, an exclusive clubhouse with various recreational facilities, Tan said.

He added that PBM would also develop a commercial centre on a 100-acre site nearby.

“There will be about 400 commercial properties, comprising largely three- and four-storey shop offices.

“We have allocated an 8-acre site for a hypermarket,” h