About Orange Industrial Park

A light industrial park development by Tah Wah Group at Chain Ferry, Butterworth. Located near prime industrial areas in Prai, adjacent to Southern Pipe Industry (M) Sdn. Bhd. It is easily accessible via Jalan Chain Ferry, about 15 minutes drive from Penang Bridge. It features 38 double-storey semi-detached factories and a double-storey detached unit, with each unit offering a standard built-up area of at least 4,750 sq.ft. and a minimum land area of 8,020 sq.ft.

*CCC Obtained. Photo taken in Nov 2025

Find out more about Orange Industrial Park

This festive season, A Christmas to Enjoy Together! invites you to embrace the warmth of connection and the joy of meaningful living. Hosted by Eden at Botanica CT, this special Christmas gathering at Gurney Bay Hotel celebrates the essence of togetherness—bringing adults from all walks of life into a space where laughter, inspiration and shared experiences flourish.

More than a seasonal event, this celebration reflects the lifestyle philosophy behind Eden’s vision for purposeful, active and community-centred ageing. Guests can look forward to a thoughtfully curated morning that blends festive cheer with uplifting activities. From light social moments to energising wellness sessions, inspiring sharing, live entertainment and a heartwarming Christmas giveaway

If you’re seeking a celebration filled with warmth, positivity and community spirit, this is an event not to be missed. You will find out how Christmas can be enjoyed in a way that truly brings people together.

Free Christmas goodie bags await early registrants.

Seats are limited to 40 participants only!
Register Here or call 017-311 2699.
Website: edenatbotanicact.com.my

Penang has launched the publicity and public participation phase for its long-term planning blueprint, the Penang Structure Plan 2040 (RSN 2040), marking an important step toward shaping the state’s future development. State executive councillor H’ng Chee Wey emphasised that active public participation is critical, noting that this stage allows stakeholders to voice concerns, raise objections, or propose improvements.

According to H’ng, all submissions received during the publicity period will be evaluated by a dedicated panel, ensuring that community input directly informs the plan’s refinement. Following this, a further one-month window will be allocated for hearings and detailed assessments. “The state aims to finalise and gazette the RSN 2040 by the third quarter of next year,” he said at the launch event held at Komtar.

H’ng also provided updates on related planning documents. The Seberang Prai Local Plan is expected to be completed by the first quarter of next year, while the Penang Island Local Plan remains under review and is targeted for completion in 2027. The latter requires additional assessments after the hearing process. Both Local Plans will eventually be incorporated into the RSN 2040 to ensure alignment in development policies and land-use strategies.

However, the timeline has raised questions from the state opposition. Opposition leader Muhammad Fauzi Yusoff asked why the RSN 2040 review is being carried out ahead of the Local Plans, which contain more detailed planning information. He argued that these granular elements—such as population density guidelines, parking provisions, traffic flow considerations and flood mitigation parameters—should serve as the foundation for the broader structure plan.

Fauzi also called for an independent panel of professional experts to be part of the evaluation process. Such neutral involvement, he said, would help ensure more robust decision-making and prevent recurring development issues that have surfaced in the past.

Responding to concerns, H’ng reiterated that RSN 2040 is designed to be inclusive, comprehensive and reflective of Penang’s evolving needs over the next decade. He urged the public to actively participate and submit feedback before the Dec 23 deadline.

Stakeholders can review the plan and lodge feedback or objections by scanning the provided QR code or visiting any of the four exhibition venues: Level 3 Komtar, Level 57 Komtar, the Penang Island City Council (MBPP), and the Seberang Prai City Council (MBSP).

Malaysia’s property sector is entering 2026 with renewed optimism as developers report stable performances and maintain their sales targets for the year ahead. According to the news from The Star, the recently concluded 3Q25 results season showed that most major developers delivered earnings largely within expectations, reinforcing confidence that the sector is on track for a stronger cycle.

Seasoned investor Ian Yoong noted that property stocks are gearing up for potential outperformance in 2026, backed by an anticipated 21% earnings growth for the sector. He said the expected fall in global interest rates could act as a key catalyst, further stimulating buying interest. Growth is projected to remain concentrated in mid-market residential, affordable housing and industrial developments — particularly in Johor, the Klang Valley and Penang. Yoong also highlighted that Malaysian property prices remain significantly lower than in other developed ASEAN markets, strengthening the country’s comparative appeal.

However, not all analysts shared the same level of enthusiasm. Areca Capital CIO Ch’ng Cheng Siew pointed out that although earnings were mostly within expectations, the results leaned more toward disappointment, with “more misses than beats.” Moving forward, she noted that investor attention will likely focus on strong take-up in landed homes and industrial products, effective de-gearing strategies, and catalysts emerging from Johor Baru — including improving sentiment ahead of the Rapid Transit System (RTS) link completion in late 2026. She added that opportunities are “pick-driven, not sector-wide,” especially with data-centre land demand rising amid the growth of AI and cloud infrastructure.

Research houses echoed a generally steady outlook. TA Research reported that all developers under its coverage maintained their FY25 sales targets, supported by solid 9M25 performance and a healthy pipeline of launches in 4Q25. Sime Darby Property and Sunway were highlighted as being on track to exceed their targets. Meanwhile, CIMB Securities cautioned that rising logistics and construction costs may create short-term delivery challenges, though demand for industrial properties remains strong — especially in Johor as infrastructure spending accelerates ahead of the RTS launch in January 2027.

TA Research also noted that the positive effects of Bank Negara’s earlier rate cut to 2.75% continue to support buying sentiment, improving mortgage affordability and lowering financing costs for developers. Industrial parks remain the sector’s strongest growth engine, driven by manufacturing FDI, data-centre expansion and supply chain diversification into Malaysia. Residential launches are expected to perform better toward year-end, though buyers will remain selective, favouring affordable, well-located and landed options.

Looking into 2026, analysts anticipate broadly positive sentiment as pro-homeownership policies, infrastructure rollouts and strategic corridors such as the Johor-Singapore SEZ and Malaysia Vision Valley continue to advance. These factors, combined with easing financial conditions and steady demand for industrial and affordable homes, are expected to support stronger earnings recovery and potential re-rating for developers with strategic landbanks and diversified income streams.

M Cora is a proposed mixed-use development by Mah Sing Group Berhad with an estimated gross development value (GDV) of RM528 million, strategically located just 450 metres from the future Mutiara LRT Line’s Bandar Sri Pinang Station. Spanning 2.83 acres near Karpal Singh Drive, this well-connected project will feature modern condominiums and commercial suites, catering to first-time homebuyers, professionals, families, and investors seeking long-term value.

Designed as a transit-oriented community, M Cora offers seamless connectivity across Penang Island and to the mainland via Penang Sentral, while enjoying direct access to the Tun Dr Lim Chong Eu Expressway for convenient travel to George Town and Bayan Lepas. Subject to authorities’ approval, the project will comprise two-bedroom condominiums with built-up areas ranging from 904 sq ft to 1,015 sq ft, as well as commercial suites in sizes of 450 sq ft, 660 sq ft, and 750 sq ft.

Surrounded by established schools, healthcare facilities, and retail destinations, M Cora combines modern lifestyle conveniences with sustainable urban design. Aligned with Penang’s vision for smart, inclusive, and connected development, it marks Mah Sing’s continued confidence in the state’s growth potential and reinforces the Group’s commitment to creating well-designed, accessible communities for future generations.

Project Name : M Cora
Location : George Town
Property Type : Mixed development
Tenure: (to be confirmed)
Land Area: 2.83 acres
Built-up Size: 450 sq.ft. – 750 sq.ft. (commercial suite), 904 sq.ft. – 1,015 sq.ft. (condo)
Total Units : (to be confirmed)
Indicative Price : RM426,000 onwards (commercial suite)
Developer : Mah Sing Group

DISCLAIMER: This article is solely based on research done using publicly available data at the time of publication. This is not an advertisement. Any claim, statistic, quote or other representation about a project or service should be verified with the developer, provider, or party in question.