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Paya Terubong rep flags slow progress at Air Itam bypass construction

Property News/ 23 May 2026 No comments

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Paya Terubong State Assemblyman Wong Hon Wai has flagged a disparity in construction progress along the new Air Itam–Tun Dr. Lim Chong Eu bypass, following a recent site visit to the elevated highway linking Farlim to Lebuh Tun Lim Chong Eu.

Wong, who has been monitoring the project closely, noted that work has shifted from ground level to the deck phase, with crews currently focused on diaphragm construction, deck casting, deck slab, and parapet works along Section 1 on the Farlim side.

During the visit, Wong accessed the highway via a ramp opposite Old Sunshine along Jalan Thean Teik — one of two access points from the Paya Terubong side — before driving all the way to Kingfisher Apartment in Seri Delima. It marked his first time traversing from the Farlim section into the adjoining stretch of the highway.

While progress at Section 1 in Farlim was described as on track, Wong expressed dissatisfaction with the pace of work at the other end of the project, calling it “far from satisfactory.”

He revealed that he has since raised the matter with Penang Infrastructure Corporation (PIC), the state-owned GLC overseeing the project, stressing that intervention from the state government is now necessary.

The Air Itam bypass is one of Penang’s most anticipated infrastructure projects, expected to significantly ease congestion along one of the island’s busiest corridors once completed.

Wong pledged to provide further updates as more information becomes available.

SITE PROGRESS: A-Park (May 2026)

Property News/ 23 May 2026 No comments

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About A-Park

A-Park is a guarded light industrial park by Ancubic Industries Sdn. Bhd., strategically located along Jalan Perindustrian Valdor near Valdor Industrial Park and just five minutes from Batu Kawan Industrial Park. Surrounded by established SME factories, the development comprises 50 units of semi-detached and detached factories to be completed in multiple phases. Designed with security and convenience in mind, A-Park features dedicated security services, an advanced visitor management system, and direct owner access control.

Find out more about A-Park

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The EV transition is redefining urban living in Penang

Property News/ 22 May 2026 No comments

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Penang is quietly cementing its reputation as one of Malaysia’s most EV-forward states, and for property buyers and developers, that shift carries real implications.

According to data from the Malaysia Zero Emission Vehicle Association (MyZEVA), Penang has already surpassed its national EV charging deployment target, achieving 105% of its 600-charger goal as of March 2026, one of only two states in Malaysia to have done so, alongside Kuala Lumpur at 160%. Most other states remain at 50% or below.

Yet hitting a charger count target is only part of the story. A peer-reviewed study published in Energy Reports (2025), based on field surveys conducted across Penang last year, paints a more nuanced picture. While Georgetown leads with the highest charger density, the mainland corridor between Penang’s two bridges remains critically underserved, with just 8 public charging bays serving an estimated 480 registered EVs, translating to roughly 60 EVs per charger. Given that EV registrations have grown by over 100% year-on-year into 2026 while charging infrastructure has been built at a far slower pace, the actual ratio today is likely to be significantly worse than what the study recorded. Penang also currently has very limited ultra-fast chargers (350 kW and above), limiting the real-world advantage of higher-end EVs.

Chow acknowledged that while infrastructure numbers are growing, many users still face challenges with accessibility, connectivity, and waiting times, and that the EV transition requires more than statistics, it demands dependable infrastructure, reliable after-sales support, and a skilled workforce.

For the property sector, these developments matter more than ever. EV readiness is fast becoming a key consideration for homebuyers, particularly those purchasing high-rise residences, serviced apartments, and integrated developments. Properties that offer dedicated EV charging facilities, whether within car park podiums or residential lobbies, are increasingly perceived as future-proof investments. Developers who embed EV charging infrastructure into their projects at the planning stage, rather than retrofitting it later, stand to differentiate themselves meaningfully in a competitive market.

The research paper also highlights a particular challenge relevant to Penang’s dense urban landscape: many condominiums and high-rise buildings lack the electrical infrastructure for individual charger installation. As EV ownership grows, this gap will become more pronounced, and developments that proactively address it, through shared charging hubs, dedicated EV bays, and smart charging management will hold a tangible advantage.

Penang Chief Minister has emphasised that solutions are needed not just along major highways, but within residential areas, commercial centres, and high-density developments where daily charging convenience matters most. That vision aligns closely with what progressive property developments should be delivering today.

The broader message is clear. EV infrastructure is no longer a nice-to-have feature in Penang’s property landscape, it is becoming a baseline expectation. As the state continues to position itself as a model for sustainable urban living, properties that are EV-ready will be better placed to attract quality tenants, command stronger values, and remain relevant in the years ahead.

– Ken Lim
(Founder, PenangPropertyTalk.com)

The Fount: Between Serene Hills and Calm Seas

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Since its initial preview in February this year, The Fount has continued to attract encouraging market attention, achieving a remarkable take-up rate that reflects strong buyer confidence in both the value proposition and the quality of the development.

Positioned as the final and most refined chapter within The Sanctuary enclave in Batu Uban, The Fount has resonated strongly with discerning homebuyers seeking a balanced lifestyle, one that harmonises modern urban convenience with the calming presence of nature.

Balance Between Nature and City Convenience

One of the strongest reasons buyers are drawn to The Fount is its unique setting, offering the calming presence of Penang’s hills and coastline while remaining closely connected to the island’s key destinations.

Modern homeowners increasingly value environments that promote wellbeing and peace of mind. The Fount delivers exactly that – a residential sanctuary where residents can retreat from the noise and density of urban living without sacrificing accessibility.

This balance between serenity and connectivity has become increasingly difficult to find in Penang’s property landscape, making The Fount a compelling choice for both owner-occupiers and long-term investors.

The Fount Drop Off

Low Density Living Is Becoming More Valuable

Today’s buyers are placing greater emphasis on privacy, comfort, and spaciousness. As many new developments continue moving toward higher-density configurations, low density residences are becoming increasingly sought after.

The Fount appeals strongly to buyers who appreciate a more exclusive environment with fewer neighbours, reduced congestion, and a more peaceful lifestyle atmosphere. For some families, these qualities translate into a better daily living lifestyle experience.

For working professionals, it offers a calmer retreat after work.

For investors, it creates stronger long-term desirability in the resale and rental market.

Low-density developments within mature island locations are limited and increasingly difficult to replicate.

Buyers Are Prioritising Lifestyle Quality

Property purchasing decisions today are no longer based solely on square footage or pricing. Buyers are increasingly investing in lifestyle quality, choosing homes that positively influence how they live, rest, and spend time with family.

The Fount’s environment has been carefully envisioned to create that elevated lifestyle experience. Landscaped spaces, greenery, resort-inspired ambience, and calming surroundings all contribute to a living experience that feels more intentional and restorative.

This emotional connection is one of the key reasons why the project has resonated strongly with discerning purchasers.

Confidence in Long-Term Value

The positive take-up rate also reflects confidence in developments that offer sustainable long-term value rather than short-term market excitement.

Homebuyers today are paying closer attention to:

  • Location fundamentals
  • Development planning quality
  • Developer reputation
  • Future growth potential
  • Liveability and practicality

The Fount stands out because it addresses these considerations holistically. Buyers recognise that well-planned freehold developments in strategic island locations remain highly resilient over time, particularly when supply is limited.

As Penang’s southern corridor continues to evolve with infrastructure upgrades and economic expansion, demand for quality residential addresses within established neighbourhoods is expected to remain strong.

Why The Fount is chosen?

Many buyers are also attracted to The Fount because it offers something increasingly rare in modern developments: “a sense of timelessness”.

Rather than chasing temporary design trends, the project embraces a refined and understated character that prioritises comfort, elegance, and everyday practicality. This creates a home environment that owners can continue appreciating for years to come.

Read more about The Fount: A refined finale at The Sanctuary.

Owning The Fount is not simply about owning a property; it is about owning a space that continues to feel meaningful over time.

Visit the latest show unit today to experience the development first-hand.

More information on the Group’s future developments can be found at www.runnymede.com.my.

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The 13th PropertyGuru Asia Awards Malaysia with iProperty enters final call with new lead legal advisor

Property News/ 21 May 2026 No comments

PGAAM Trophy

The PropertyGuru Asia Awards Malaysia with iProperty is making its final call for submissions ahead of the 29 May 2026 deadline, with an expanded lineup of categories that mirrors a market evolving well beyond its traditional strengths.

This year, the 13th PropertyGuru Asia Awards Malaysia with iProperty is proud to welcome Lim Soh & Goonting Advocates & Solicitors as the Lead Legal Advisor for the Awards.

As an integral part of the prestigious PropertyGuru Asia Property Awards series, which recognises achievers across diverse Asia-Pacific markets, the 2026 PropertyGuru Asia Awards Malaysia with iProperty will set the highest benchmarks for outstanding achievement in residential, commercial, township, design, and ESG-driven developments.

Lim Soh & Goonting’s support underscores the importance of legal and advisory excellence in an increasingly complex real estate environment that puts governance, compliance, and investor confidence at the forefront of decision-making. The dynamic team of experienced lawyers supports the awards’ consistent commitment to recognising design and development achievement in Malaysian real estate.

The gala dinner and presentation of the 13th PropertyGuru Asia Awards Malaysia with iProperty will be held Friday, 2 October 2026. This sets the stage for the PropertyGuru Asia Property Awards Grand Final in December 2026, during which winners from Malaysia will advance to compete on an international stage.

Key dates for the 2026 edition are:

  • 29 May 2026 – Entries Close
  • 18-30 June 2026 – People’s Choice Awards voting period
  • 30 June – 2 July 2026 – Live Judging Days
  • 2 October 2026 – Gala Dinner and Awards Ceremony in Kuala Lumpur, Malaysia
  • 11 December 2026 – Regional Grand Final Gala Dinner and Awards Presentation in Bangkok, Thailand

Live Judging Days

Entries will be evaluated in a transparent, independent selection process during the Live Judging Days, overseen by a panel of experts including C-suite executives and senior practitioners from Malaysia’s leading professional bodies. This multi-disciplinary representation ensures credibility and a fair assessment of every submission.

Datuk Ar. Ezumi Harzani Ismail, chairperson of the PropertyGuru Asia Awards Malaysia judging panel and president of the Malaysian Institute of Architects (PAM) 2020–2022, said: “The architecture of property development is being redrawn from the ground up, with ESG compliance coming as standard in anticipation of a national carbon market coming online. We’re excited for a year of better building performance and an industry increasingly treating sustainability as a design discipline rather than a checklist. This shift in mindset is one we’d love to recognise at the awards, and we would encourage practitioners leading this charge to step forward. Our panel is eager to see the visionaries breaking new ground in Malaysian development and design.”

Vic Sithasanan, Managing Director, PropertyGuru Malaysia and iProperty Malaysia; and Jules Kay, Managing Director, PropertyGuru Asia Property Awards and Events

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “In Malaysia, we see a market that has held its own against global headwinds and external risks. The momentum has shifted into segments that were not at the forefront of the conversation a few years ago. Malaysia is now a logistics hub, offering supply chain diversification, and the country’s emerging asset classes now form new pillars of demand alongside its steady residential real estate base. Transaction values have edged higher even as volumes have remained measured. This wider scope is setting Malaysia apart as a dependable ASEAN hub for investment, and our Asia Awards programme in Malaysia this year will capture that momentum.”

2026 categories

The 2026 categories introduce new Developer titles such as Best Condo Developer, Best Landed Homes Developer, and Best Master Developer, recognising excellence on both project and portfolio levels. High Rise and Landed segments have been strengthened with Best First Home and Best International categories that address affordability, accessibility, and cross-border appeal. The township segment adds Best Resort Style Township and Best Destination Development for master-planned communities excelling in lifestyle integration while Best Landmark Development now recognises projects that define cityscapes and commercial hubs.

New ESG-focused accolades will honour environmental stewardship and positive community outcomes: Sustainable Living Champion, Responsible Construction Champion, and Community Impact Champion. Complementing the judged categories, the People’s Choice Awards will return, empowering consumers to vote for the Top 10 Developers in Malaysia. The 2025 edition attracted over 20,000 public votes, emphasising its significance among property seekers.

The PropertyGuru Asia Awards Malaysia with iProperty is supported in 2026 by Lead Legal Advisor Lim Soh & Goonting Advocates & Solicitors; official portal partners PropertyGuru.com.my and iProperty.com; official ESG knowledge partners GreenRE, Green Building Index (GBI), and Malaysia Green Building Council (MGBC); official magazine Property Report by PropertyGuru; and official supervisor HLB.

For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.