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SkyWorld – Setting New Benchmarks in Urban and Affordable Housing

Advertorial, Property News/ 3 February 2026 Comments off

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Founded on a single, unwavering vision – “Always Best City Developer” – and guided by its purpose to “Make Living Better”, SkyWorld Development Berhad (“SkyWorld”) is a forward-thinking urban property developer dedicated to shaping inclusive, well-designed city communities. Since its inception, SkyWorld has built a strong reputation for delivering innovative developments underpinned by quality craftsmanship, thoughtful planning, and a deep understanding of urban lifestyles.

SkyWorld’s core focus lies in the development of high-rise residential, commercial, and affordable housing projects that respond to the evolving needs of modern city dwellers. Its ongoing and planned developments are strategically located within key urban growth corridors in Federal Territory of Kuala Lumpur and Penang, ensuring strong connectivity, accessibility, and long-term value for homeowners and investors alike. Each project is carefully curated to integrate functionality, liveability, and sustainability, reinforcing SkyWorld’s commitment to creating holistic urban environments rather than standalone buildings.

A defining pillar of SkyWorld’s success is its leadership in affordable urban housing, a segment often challenged by rising costs and limited land availability in city centres. SkyWorld has consistently demonstrated that affordability does not have to come at the expense of quality, design, or liveability. This commitment is most notably reflected in its developments in Penang, where SkyWorld is recognised for undertaking the largest affordable housing projects in the state. These developments play a meaningful role in addressing urban housing needs, providing well-designed homes that are accessible to a wider segment of society while contributing positively to the surrounding communities.

International Recognition and Awards

SkyWorld’s commitment to design quality, construction excellence, and community impact has been acknowledged on the global stage through the FIABCI World Prix d’Excellence Awards — widely regarded as the “Oscars of Real Estate.” Organised by the International Real Estate Federation (FIABCI), these awards celebrate outstanding real estate developments that exhibit excellence in architecture, innovation, sustainability, and social value.

Over recent years, SkyWorld has garnered multiple world-level FIABCI accolades:

  • SkyAwani 2 Residences — Gold Award in the Affordable Housing category at the FIABCI World Prix d’Excellence Awards 2023.
  • SkyAwani 3 Residences — Gold Award in the Affordable Housing category at the FIABCI World Prix d’Excellence Awards 2024.
  • SkyLuxe On The Park Residences — World Silver Award in the Residential High-Rise category at the FIABCI World Prix d’Excellence Awards 2025, marking SkyWorld’s first global recognition beyond the affordable housing segment.

These consecutive wins illustrate SkyWorld’s ability to deliver developments that excel both in community-oriented housing and in higher-end residential segments, reinforcing its leadership on the international stage.

Quality Benchmarking with QLASSIC

A cornerstone of SkyWorld’s development philosophy is construction quality, measured objectively through QLASSIC (Quality Assessment System in Construction) — Malaysia’s national standard for assessing workmanship quality in completed building projects, administered by the Construction Industry Development Board (CIDB). QLASSIC evaluates structural works, architectural finishes, mechanical and electrical installations, and external works against industry benchmarks.

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SkyWorld has achieved notable QLASSIC performance across several developments, reflecting rigorous quality control and adherence to high construction standards:

  • EdgeWood Residences at SkySanctuary, Setapak achieved a high QLASSIC score of 86%, demonstrating superior workmanship and quality execution in line with CIDB standards.
  • SkyAwani 5 Residence, part of SkyWorld’s affordable housing series in Sentul, achieved an 84% QLASSIC score, which is recognised as the highest QLASSIC score recorded for an affordable housing development — a significant milestone within this housing segment.

These high scores underscore SkyWorld’s discipline in delivering homes that are not only well designed but also built with craftsmanship and durability that surpass industry averages.

Staying true to its brand promise, “YOU CAN NOW OWN A QUALITY HOME AND LIVING,” SkyWorld continues to advance its mission of making quality housing accessible and meaningful, nurturing communities that thrive in today’s dynamic urban landscape.

For more information, please visit www.skyworld.my.

Register your interest here in Skyworld’s first project in Penang – Skyworld Pearlmont

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

Year of the Horse with a Home at M Zenni by Mah Sing

M Zenni PPT website banner-03

M Zenni by Mah Sing Group offers opportunity to own a freehold residence with low-density community of only 494 units and is thoughtfully designed for modern families and discerning homeowners. Since its launch, M Zenni has received strong market response, with many units already sold, reflecting high buyer confidence in its strategic location, quality development, and exceptional value proposition. Demand continues to grow as homebuyers and investors recognise the long-term potential of this development.

In celebration of the festive season, Mah Sing Group presents attractive Year of the Horse Exclusive Promotions:

  • Free Sale & Purchase Agreement (SPA) legal fees and stamp duty
  • Free loan legal fees and stamp duty
  • Complimentary Partial Furnished Package, including:
    • Air conditioner
    • Water heater
    • Kitchen cabinet
    • Hood and hob
    • Bedroom wardrobe
  • Limited Gold Piece Giveaway until 3 March 2026

Prime Location with Everyday Convenience

Live where everything is within easy reach. M Zenni, strategically located close Penang International Airport, near to Penang Second Bridge and minutes to Queensbay Mall. Whether for own stay or long-term investment, M Zenni offers a balanced lifestyle with connectivity, convenience, and peace of mind.

Limited Units Available

With many units already taken up since launch, availability is limited

Act now. Start the Year of the Horse with a smart move forward.

Visit Mah Sing Group sales gallery today!

For more information, you may contact 04-2024269 or visit M Zenni’s official portal at https://mzenni.com.my/

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.)

EcoFirst acquires two freehold land parcels in Penang for RM45mil

Property News/ 1 February 2026 No comments

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EcoFirst Consolidated Bhd has announced the acquisition of two freehold land parcels on Penang Island for a total consideration of RM45 million, as part of its strategy to expand its development pipeline and diversify earnings beyond the Klang Valley.

In a filing with Bursa Malaysia, the group said the properties, known as Bolden Land and Collins Land, are located in the southwest district of the island and were valued at a combined RM49 million by an independent valuer, representing an estimated discount of about 8% to market value based on the agreed purchase prices.

Bolden Land, measuring 1.26 acres and located about 5km from Penang International Airport in Bayan Lepas, is proposed for a condominium development with an estimated gross development value (GDV) of RM163 million.

Meanwhile, Collins Land spans 13.46 acres and is situated roughly 3km from the airport. The site is earmarked for a residential development with an estimated GDV of RM400 million, with both acquisitions to be undertaken by EcoFirst’s wholly owned subsidiaries and funded through a combination of internally generated funds and bank borrowings.

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SkyWorld makes Penang debut with opening of SkyWorld Gallery @ Seberang Jaya

Property News/ 31 January 2026 No comments

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SkyWorld Development Berhad (“SkyWorld”) marked a significant milestone in its northern expansion with the official opening of its first sales gallery in Penang, SkyWorld Gallery @ Seberang Jaya. The launch also introduced SkyWorld’s PPVC (Prefabricated Prefinished Volumetric Construction) Experience Centre and Satellite Quality Centre to the region, reinforcing the city developer’s commitment to product innovation and quality delivery.

The gallery opening was attended by members of the Penang media where they were invited for guided tours of the PPVC Experience Centre and Satellite Quality Centre alongside an exclusive preview of the SkyWorld Pearlmont show unit.

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Speaking at the opening, Mr Lee Chee Seng, Chief Executive Officer of SkyWorld said, “The opening of SkyWorld Gallery @ Seberang Jaya marks an important milestone in our expansion into Northern Malaysia. By bringing our PPVC Experience Centre and Satellite Quality Centre to Penang, we aim to elevate how homebuyers experience quality and innovation in a SkyWorld home.”

Showcasing Product Innovation

More than a conventional sales gallery, SkyWorld Gallery @ Seberang Jaya is conceived as an engagement and learning hub, offering visitors deeper insight into SkyWorld’s industrialised construction approach.

02At the PPVC Experience Centre, media representatives were introduced to the end-to-end PPVC process, where fully finished building modules are manufactured in a controlled factory environment before being assembled on-site. This construction method enables greater precision and consistency, shorter construction timelines, and a more sustainable building process with reduced waste and site disruption.

Complementing the experience is SkyWorld’s Satellite Quality Centre, which highlights the company’s quality management framework through a comprehensive Inspection & Test Plan covering civil and structural works, architectural finishes and other key components. The centre reflects SkyWorld’s philosophy that quality is embedded throughout the construction journey, rather than evaluated only upon completion.

SkyWorld Pearlmont: Redefining Integrated Living in Penang

SkyWorld’s entry into Penang is anchored by SkyWorld Pearlmont, a freehold 34-acre affordable housing development in Seberang Jaya developed under the Rumah Bakat MADANI initiative.

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To date, over 80% of the 1,166 units launched in Phase 1A have been taken up, reflecting strong market confidence in PPVC technology and SkyWorld’s industrialised building approach.

SkyWorld Pearlmont stands out as Malaysia’s first large-scale residential development constructed using PPVC technology, as well as the first to introduce a vertical school—an innovative concept that integrates education within a residential community.

Key features of SkyWorld Pearlmont include:

  • Strategic location in mature neighbourhood of Seberang Jaya
  • Construction using PPVC for improved build quality, efficiency and sustainability
  • A commitment of minimum 85% QLASSIC score, exceeding the national average under CIDB Malaysia’s workmanship quality assessment system
  • A 10-year leak-proof warranty
  • Guaranteed low maintenance fee of RM0.18 psf for 10 years
  • Exclusive access to Penang’s largest 10-acre elevated SkyPark
  • Pay-per-use clubhouse concept
  • Integrated retail spaces within a community-centric masterplan
  • Smart living features powered by SkyWorld Connects 2.0

For more information, visit SkyWorld Pearlmont at SkyWorld Gallery @ Seberang Jaya, T/S Sales Gallery, JL F/P N, Jalan Tenggiri, 13700 Seberang Jaya, Penang, or access directions via Waze by searching “SkyWorld Gallery @ Seberang Jaya”.

Sri Bayu and Quinton affordable housing projects resume after long delay

Property News/ 31 January 2026 1 comment /中文版

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Two long-stalled Rumah MutiaraKu (RMKu) housing projects in Balik Pulau are set for revival, offering long-awaited relief to more than 500 homebuyers affected by years of delay.

The projects, Pangsapuri Sri Bayu and Pangsapuri Quinton, involve a combined total of 625 units and had been abandoned for about seven years after construction was halted due to financial constraints faced by the original developer. Prior to the stoppage, Sri Bayu had reached over 60% completion, while Quinton was more than 80% complete.

Penang Housing and Environment Committee chairman Datuk Seri S. Sundarajoo said the issue was raised by affected buyers with the state government over a year ago and subsequently debated in the state legislative assembly. Following this, Mah Sing Group was appointed as the financier for the recovery effort, while BakerTilly Malaysia was named liquidator to manage and oversee the structured completion of both projects.

The state aims to complete one of the projects by June or July, with the second targeted for completion by the end of the year. However, Sundarajoo noted that rehabilitation work would be challenging, as many internal components had been damaged or stolen during the prolonged abandonment.

The announcement was made following the signing of a formal agreement between Mah Sing Group and BakerTilly Malaysia at Komtar, witnessed by Penang Chief Minister Chow Kon Yeow. The agreement formalises the roles and responsibilities of all parties involved in bringing the projects to completion.

Chow said the state government takes seriously the issue of “sick projects” under the Ministry of Housing and Local Government, particularly those delayed by more than 30% or where the sale and purchase agreement period has lapsed. He noted that both Balik Pulau projects were nearly fully sold, with agreements signed as early as October and November 2017.

Acknowledging the financial strain on buyers—who have had to service housing loans while paying rent for temporary accommodation—the state government, through the Penang State Housing Board and related agencies, has conducted site visits and multiple meetings to develop a viable recovery plan. Ongoing monitoring will continue to ensure compliance with procedures and to safeguard buyers’ rights.

For buyers like civil servant Mohd Danial Rasydan Razak, the revival brings renewed hope. After years of uncertainty and financial burden, he said the news finally offers a clear path toward moving into the first home he purchased, marking a long-awaited turning point for affected families.