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Metrio Group Breaks Ground on Its First High-Rise, Forescape @ Metrioplace

Property News/ 29 October 2025 No comments

forescape-groundbreaking

Every great journey begins with a single step — and for Metrio Group, that step has just gone skyward. The developer recently celebrated the groundbreaking of Forescape @ Metrioplace, its first-ever high-rise development, marking a bold new milestone in the fast-growing Batu Kawan and Bukit Tambun corridor.

Poised within the vibrant 35.3-acre Metrioplace Commercial Hub, Forescape represents more than just the start of construction — it’s the start of a new lifestyle. Designed for today’s urban professionals, the development brings together modern convenience, resort-style comfort, and future-ready flexibility in one striking address.

Just minutes away from BKIP 3 (Batu Kawan Industrial Park Phase 3), Forescape offers dual-key serviced residences thoughtfully crafted for versatility — whether as a home, an investment, or both. Imagine living close to work, yet coming home to a retreat that feels like a vacation every day.

From its sleek architecture to its well-planned community spaces, Forescape embodies Metrio Group’s vision to create homes that inspire and elevate. As the project begins to rise, so too does the promise of a new skyline — one defined by ambition, innovation, and a sense of belonging.

The Forescape show unit is now open daily from 11am to 6pm. Visit and experience how life at Metrioplace could be your next great step forward. Call +6019-4292441 for more information.

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Penang Plans New CAT Bridge Bus Link Between Island and Mainland

Property News/ 29 October 2025 No comments
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Source: Buletin Mutiara

Getting between Bayan Lepas and Batu Kawan might soon become a lot easier. The Penang government, together with Rapid Penang, is exploring a new CAT Bridge Route that would link both major industrial zones across the Penang Second Bridge.

According to Bukit Tambun assemblyman Goh Choon Aik, the idea is still in its early stages, but if it takes off, it could offer a practical and affordable way for thousands of workers to travel between the island and mainland every day — and help cut down on traffic in the process.

“This route is meant to serve people who commute daily between the Bayan Lepas Free Industrial Zone and the Batu Kawan Industrial Park,” Goh said during a discussion session held in Batu Kawan. “It’s about making travel easier, greener, and more reliable for everyone.”

The focus group brought together government representatives, Rapid Penang officials, and industry players to talk through the plan. The goal: to understand what commuters actually need before finalising details like bus frequency, timing, and stop locations.

Goh mentioned that he’s been pushing for a similar connection since 2018, but the earlier proposal didn’t go through because of low ridership. This time, the team hopes to design the service based on real data and direct input from employers and commuters.

He also encouraged companies to play their part by offering transport subsidies to staff, saying this could make public transport more appealing and help reduce the number of private cars on the road. “When employers support public transport use, everyone benefits — less traffic, less stress, and cleaner air,” he said.

If the project is approved, students will be able to ride for free, making it easier for young commuters who travel between the two areas.

Nurul Asyikin Abd Rahman from the State Economic Planning Division added that the team is reviewing all proposed pick-up and drop-off points to ensure convenience and encourage more people to hop on board. “We’re looking at about 1,000 daily riders as a start — especially those working in Batu Kawan but living in Bayan Lepas, and vice versa,” she said.

The CAT Bridge Route, once finalised, could become another step forward in Penang’s push for a more connected, sustainable transport system — one that moves people efficiently while keeping the state’s roads less congested.

SITE PROGRESS: Terraces Condominium (Oct 2025)

Property News/ 28 October 2025 No comments

terraces-condominium-site-progress-oct2025-4

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.)
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PROPOSED: 28-storey serviced residence at Pulau Tikus

Pulau Tikus/ 27 October 2025 No comments

proposed-28-storey-serviced-residence-pulau-tikus

A newly proposed serviced residence at the intersection of Jalan Tunku Abdul Rahman and Cantonment Road, in the vicinity of Pulau Tikus. The development occupies approximately 1.5 acres of land adjacent to St. Christopher’s International School and opposite Disted College. It is situated within an established neighbourhood characterized by several foreign consulates and luxury residential properties.

The project consists of a 28-storey tower housing 332 serviced residence units, supported by a nine-level car parking podium. Additionally, three commercial units will be located on the ground floor.

The project is currently still pending approval, and more details will be made available upon its official launch.

Project Name: (to be confirmed)
Location : Pulau Tikus
Property Type : Serviced residence
Total Units : 332
Built-up Size: (to be confirmed)
Land Tenure : (to be confirmed)
Indicative Price :(to be confirmed)
Developer : (Follow us to find out more)

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DISCLAIMER: This article is solely based on research done using publicly available data available 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.

Making Homeownership a Reality for Young Malaysians

Property News/ 25 October 2025 No comments

sjkp-scheme

Owning a home has long felt out of reach for many young Malaysians, especially gig workers without fixed incomes. But thanks to the Housing Credit Guarantee Scheme (SJKP), that dream is becoming a reality for thousands.

Since it began in 2008, the scheme has helped over 93,000 Malaysians buy their own homes, with total loan guarantees reaching RM22.1 billion as of July 31. Most of these homes — nearly 67% — are priced below RM300,000, making them accessible to young families and first-time buyers.

So, how does it work? Basically, the government acts as a guarantor — covering up to 120% of the loan amount — for those who might not have the typical payslips or proof of income that banks usually require. This means gig workers, freelancers, and others with irregular income can still qualify for a home loan, as long as they’re not blacklisted by any financial institutions.

Under Budget 2026, the government has boosted SJKP’s allocation by RM10 billion, aiming to help another 80,000 Malaysians get their first home. On top of that, the stamp duty exemption for first-time buyers has been extended until December 31, 2027, offering savings of up to RM10,000 for homes priced RM500,000 and below.

Housing Minister Nga Kor Ming also shared that Malaysia’s homeownership rate now stands at a healthy 76.5%, reflecting steady growth in the property sector. The government continues to push for affordable options through PR1MA homes (around RM300,000) and Rumah Mesra Rakyat units (around RM75,000, with a RM20,000 subsidy).

With these initiatives, the path to owning a home is looking a lot brighter for young Malaysians chasing their first set of keys.

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