MM2H | Penang | Moving Forwards | Sky Cab Conceptualization And Conceivable

What a better way to across a channel? In this case, the Penang Channel that separated Penang Island from its mainland besides the three existing solutions of First Penang Bridge, Penang New Landmark | Second Penang Bridge | Sultan Abdul Halim Mu'adzam Shah Bridge and its decades old Penang Ferry Service.

The answer (my friend) is Penang Cable Car or aptly called Penang Sky Cab conceptualization and conceive to be in operational mode in 2018. This will enhance the transportation connectivity between Penang Island(Georgetown) and mainland Butterworth. It'll also ease the current traffic congestion at the current Raja Tun Uda ferry terminal(island side) at Weld Quay in George Town in Penang Island during peak hours.

Penang Chief Minister Lim Guan Eng, who announced the project, said the proposal would link Penang Sentral Transportation Hub in Butterworth to Nordin Street Ghaut (outside of UNESCO Penang Heritage Zone) in George Town along 3km cable car route. The Penang Sentral Cable Car Station would be located next to Penang Sentral Transportation Hub which will become five-in-one traveling hub. The link is said to take a ride of 15 minutes each way. The estimated cost for the implementation of cable car system/sky cab is between RM250 million to RM300 million.

It's expected to conceive in three years time (2018) if everything goes according to technical specifications. The Penang Sky Cab is said to be in advanced exploratory stage as of now. This could also be the precursor of Penang state tourism industry and Malaysia/Penang my second home.

Will the Penang Sky Cab see the daylight? With relative low construction cost, decrease dependency on automobiles, shorter time (15 minutes) to travel to mainland/Penang island (vice-versa) and the site station land in Nordin Street Ghaut that reported to belong to Penang State government, the feasibility seems possible...but only time will tell.

The integration across Penang Transportation's structures will further be enhanced in future with The Tunnel Link: Malaysia | Penang 2013 Blueprint Development | One Penang, Two halves, Three links...what is it for me as investor/developer?)

Boldly go. LLAP

This report is been compiled by VULCAN INT'L Real Estate Research Institute www.VulcanResearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://www.vulcaninternational.blogspot.com .

#VulcanInternational could be contacted at +6 016 451 1321 .

You're welcome to write your constructive comment below.

Penang New Landmark | MM2H | Second Penang Bridge | Sultan Abdul Halim Mu'adzam Shah Bridge

1 April 2014: Latest news update...The rate for Class 1 vehicles at the second Penang bridge(Sultan Abdul Halim Mu'adzam Shah Bridge) link is RM8.50 which is 21.4% higher, and this would not help to reduce traffic congestion on Penang Bridge. There is no 20% discount for Touch N' Go card users unlike the Penang Bridge.

Touch N' Go card which allowed Penangnites to enjoy a RM5.60 special rate if they bought the card at the Penang Bridge office over in mainland. Only Penangnites will be entitled to the 20% rebate using Touch N' Go card and motorists must produce their MyKad at the bridge's counter next to the toll plaza as proof of their address. Other car drivers have to pay RM7.

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The iconic 2nd Penang bridge link has been official opened on 1-March-2014 and operator that managed the bridge is Jambatan Kedua Sdn Bhd(#JKSB). The official name for the second Penang bridge is Sultan Abdul Halim Mu'adzam Shah Bridge and been identified as E28[dual carriageway toll bridge in Penang, Malaysia]. 

The 24km(15miles) long link, which spans 16.9km(10.5miles) over the water, is said to be the longest bridge in South East Asia. The construction took six years to complete with the construction cost of RM4.5billion. By comparison, the first Penang bridge is 13.5km(8.4miles) long and was opened to public use in 1985. Distance from Batu Kawan interchange to the first Penang bridge toll plaza at Prai is 12km(7.5miles) whilst distance from Batu Maung interchange to the first Penang Bridge interchange in Gelugor is 8.5km(5.3miles). 

It's a paid bridge [similar with 1st Penang bridge] and the chargeable quantum rate is not prevail yet as of this writing. At the moment, the 2nd Penang bridge is free for public use till 31-March-2014. As for the toll rate to Bandar Cassia where the second Penang bridge located, Class 1 vehicles, from Juru toll to Bandar Cassia is RM1.40, RM0.50 (from Bukit Tambun), RM1.40 (from Jawi), RM15.40 (from Ipoh Utara) and RM41.90 (from Jalan Duta).

It serves as a development influx and catalyst for economic growth for south Seberang Prai(#SPS). Future establishment will be IKEA, Hull University. Moving forward, Penang third link serves as a development influx and catalyst for economic growth for north Seberang Prai(#SPU). Refer to One Penang, Two halves, Three links...what is it for me as investor/developer?

http://www.vulcaninternational.blogspot.com/2013/11/malaysia-penang-2013-blueprint.html 

For more details on the 2nd Penang bridge refer to http://en.wikipedia.org/wiki/Sultan_Abdul_Halim_Muadzam_Shah_Bridge

Word of caution: Although the second Penang bridge is exempted from payment as of now, you still need to scan your Touch-N-Go card at Bandar Cassia toll booth [or get cash card] before exit otherwise you'll encounter scanning issue when you reach Juru toll or other NSE toll booths.

The second Penang bridge scenaries as I'm driving along it:

Ramp up to second Penang bridge from Gelugor.

Mid span view of second Penang bridge.

Mid span view from a distance.

Bandar Cassia toll booth (direction from Penang Island).

This article has been written by VULCAN INT'L Real Estate Research Institutehttp://www.vulcanresearch.blogspot.com for VULCAN INTERNATIONAL Real Estate Investors Club http://www.vulcaninternational.blogspot.com .

VulcanInternational could be contacted at +6 016 451 1321 .

You're welcome to write your constructive comment below.