VAT Group to set up second plant in Batu Kawan Industrial Park

Property News/ 28 January 2022 No comments


Leading global developer, manufacturer and supplier of high-end vacuum valves, VAT Group AG, will be expanding its operation in Penang with the new facility located in the Batu Kawan Industrial Park (BKIP).

The first plant of VAT Manufacturing Malaysia Sdn Bhd is located at Persiaran Cassia Selatan 1 and the upcoming new second plant is located at Persiaran Cassia Selatan 6 in BKIP.

The new plant of the Swiss-based company costing RM600 million is introduced as the Factory 1b.

VAT Manufacturing Malaysia managing director Paraveen Singham said the new 39,200sq m plant is expected to be completed in 2024.

“This expansion project is expected to create 600 new jobs in the next five years, bringing VAT’s Malaysia total headcount in Penang to over 1,200.

“The new plant also will more than double the production capacity of VAT’s Malaysian operation, increasing factory output to over RM4.6 billion.

“Once completed and running at full capacity, the extension also is expected to contribute approximately 50 percent of VAT’s total global production capacity by 2028.

“In addition, VAT Malaysia will also set up a new apprentice training centre in Factory 1b to ensure that we are able to build up fresh talents in partnership with local vocational institutes.

“It aims to inspire young Malaysian graduates by offering both on-the-job training as well as employment after training,” he said in his speech before taking part in the ground-breaking ceremony of the new facility at Persiaran Cassia Selatan 6 in BKIP yesterday.

Also participating in the ground-breaking ceremony were Deputy Chief Minister I Datuk Ahmad Zakiyuddin Abdul Rahman, Chief Minister of Penang special investment adviser Datuk Seri Lee Kah Choon, InvestPenang chief executive officer Datuk Loo Lee Lian, Swiss Ambassador to Malaysia Andrea Reichlin and VAT Group AG chief executive officer Mike Allison.

Source: Buletin Mutiara



Year of Tiger’s Property Expo 2022

Events, Property News/ 26 January 2022 No comments


Roar into 2022 Chinese New Year by visiting the “Property Expo 2022” at Queensbay Mall and Gurney Plaza. Rejoice for making into another year and celebrate the Year of Tiger by shopping for a property of your dream.

All property purchasers and investors must be thrilled and grateful to Property Queen who has brought back this most popular property expo in Penang featuring prominent developers such as Mah Sing, Ideal, BSG, Ewein City of Dreams, Iconic and many more!

Block your calendars now!
It is all happening from 3rd February – 7th February 2022

This is also your chance to meet in person, the famous 988 radio deejay Chan Fong; well-known as one of the country’s most established deejays. Be delighted to get connected with the Mass Communication graduate who brings with him 28 years of broadcasting experience.

It is a necessity for every Chinese New Year event to showcase the God Of Prosperity as this Chinese deity is not just for wealth and good fortune but also for protection. For that, the appearance of God Of Prosperity at the Property Expo will make you HUAT all the way as you scout for your dream home!

During the last Chinese New Year, the pandemic has forbid us the opportunity to enjoy the Lion Dance performance. Worry no more as this Year of Tiger, the Lion Dance Performance will make its way to Queensbay Mall. The Lion Dance will bring everyone good luck and ONG while you check out the exclusive offers from the property developers at the Property Expo.

There are many more activities to be held at the Property Expo, namely China Changing Face Performance, Chinese Orchestra Performance and Chinese Yoyo Performance.

Do not miss this golden opportunity to meet up with the developers to grab your exclusive offers while you enjoy all the activities with your family members!

Date: 3 Feb – 6 Feb
Venue: Gurney
Participants: Ewein City of Dreams, Mah Sing, Kerjaya, Cosmo

Date: 3 Feb – 7 Feb
Venue: Queensbay
Participants: Iconic, GSD, BSG, Palmex, Bionic, Ideal, Nova



SITE PROGRESS: Terraces Condominium (Jan 2022)

Property News/ 26 January 2022 No comments



About Terraces Condominium

A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from.

Find out more about Terraces Condominium

Register your interest here and we will keep you updated.

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.

Roaring Deals for GEM Residences during this CNY

Events/ 25 January 2022 No comments

Let’s have a ROAR-some and Prosperous Year of Tiger that comes with an Auspicious Angpow up to RM48,888! * 🐯

Book a unit during this CNY and get a Mystery Gift! *


Kindly contact Belleview at 016-422 6006 or click: https://wa.link/k9bsai for viewing appointment or visit GEM Sales Gallery from 2nd Feb onwards during this CNY:
Mon – Fri: 9am – 6pm
Sat – Sun: 10am – 6pm

*T&Cs apply, for a limited time only

GEM Residences consist of 978-unit condominium, four 38-storey residential towers 15-unit shoplots at Level 1; it is primed to bring a new standard of living to Prai, Penang by offering a range of well-designed modern living spaces for a wholesome lifestyle experience.

for PPT VT

Developing The New Heart of Seberang Perai, Penang
GEM Residences, GEM Shoppes, GEM Mall and 330-room 4-star Hotel

A 20-acre mixed development along Jalan Baru, Seberang Perai, consists of Gem Residences featuring 978 units of well-designed modern living spaces housed within four residential blocks of 38-storey each – Coral, Ruby, Sapphire and Diamond, and Gem Shoppes, a row of 15 commercial shops on the ground floor, GEM Mall touted to be the northern region’s biggest shopping mall with 1.2million sqft net lettable area is anchored by Sogo department store, a 20-screen Golden Screen Cinemas and an Olympic sized ice skating rink, and a 330-room 4-star Hotel.

Poised to be the new ‘Heart’ of Seberang Perai, the development is located along Jalan Baru with convenient access to the North-South Highway and Butterworth Outer Ring Road (BORR), and also the future public infrastructure LRT and Monorail under the Penang Transportation Master Plan (PTMP).

A6017_Overall evening

A6017 -small size

Register your interest here

*By submitting this Form, you hereby agree to our PDPA Consent Clause.
(This information may be used by the developer or their appointed agent to initiate follow-up communications with you on the project.)

New low-cost apartment at Taman Nagasari turned into a hostel for foreign workers

Property News/ 24 January 2022 No comments


The excitement of some residents receiving the keys to occupy a new house in Block A, Taman Nagasari, Prai here more than a month ago turned into concern due to the presence of a group of foreigners who are said to also rent there.

It is understood that about 10 of the total 150 units of low-cost apartments in the block have started to be occupied by locals while most of the other occupants have not done so.

However, according to the residents, the number of foreigners who rented the apartment is more, involving about 20 units and some live there earlier than the residents who should be.

Even more disappointing, they said, there were apartment units that were misused to be workers’ dormitories equipped with My Sejahtera QR Code openly at the entrance.

Residents’ representative, Amirul Adli Ahmad, 28, said, according to the agreement, the 11-storey apartments worth RM42,000 per unit built by the state government cannot be rented out to either locals or foreigners.

“So, we wonder how these apartment units can be rented to foreigners at will by the owner. In fact, we were informed that a grocery store will be built on the ground floor of the apartment while commercial activities are also not allowed to be carried out in this block, ”he said.

He and several other residents were met by reporters while receiving a visit from Bukit Tengah State Assemblyman (ADUN), Gooi Hsiao Leung to complain about the matter, here last weekend.

Commenting further, Amirul Adli said, he and the rest of the residents there wanted the issue resolved as soon as possible to prevent more foreigners from living there until the situation became out of control.

“Residents here have also agreed to use access cards to control those who come in and out of this block in the future.” said the father of two.

In the meantime, Hsiao Leung said, the issue of misuse of residential units for rent to foreigners like this should not happen because the apartments are reserved for low-income locals who do not yet own a house.

“I have also written a letter to the State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo after receiving complaints from residents and asking the state government to investigate the matter accordingly,” he said.

Source: Utusan Malaysia