Penang Development Corporation (PDC) has called for proposals to purchase and develop a significant parcel of Penang State Government and PDC-owned land located within the George Town UNESCO World Heritage Site, marking one of the more notable redevelopment initiatives within the protected heritage zone.
According to the Request for Proposal (RFP), the project involves land situated in Section 23, Northeast District, Penang Island. The tender is open to both local and international companies or consortiums.
Interested parties may purchase the RFP document from 26 January to 26 February 2026, at a non-refundable fee of RM5,000. The documents can be obtained from PDC’s Property Development & Management Division in Bayan Lepas, with payment made via online transfer. Upon confirmation of payment, the RFP may also be issued electronically.
PDC has indicated a departmental indicative price of RM343.73 million for the land. However, it emphasised that this figure is an estimate only and is not binding, nor does it guarantee project award or completion based on the stated amount.
Tenderers are expressly prohibited from entering into any form of price-fixing or cartel arrangements during the tender process. Submissions must be made in sealed envelopes and deposited at PDC’s Procurement Division by 12.00 noon on 30 March 2026.
The redevelopment proposal forms part of PDC’s broader efforts to rejuvenate government land within George Town’s heritage core, where development is subject to stricter planning controls and conservation requirements. Further details, including development parameters and evaluation criteria, are contained within the full RFP document.
For many, the “Golden Years” represent a time to flourish. Eden at Botanica CT introduces a new paradigm for retirement living in a resort-style sanctuary where care, convenience, and community are seamlessly integrated. Located on the serene Penang Island, it offers a vibrant lifestyle for those who seek independence today and total peace of mind for tomorrow.
A Botanical Oasis for an Active Lifestyle
Designed to feel like a permanent vacation, Eden at Botanica CT is a master-planned sanctuary. Residents enjoy a seamless connection between the clubhouse and landscaped outdoor spaces, including a podium sensory garden, dedicated herb and forest clusters, and a tranquil reflective pond.
To foster a sense of community, belonging and vitality, residents have access to a clubhouse (Mahjong room, multi-purpose hall, co-working space, library and karaoke-room), guest-greeting lobby and gym, alongside a curated calendar of:
Daily recreational activities and workshops.
Organized excursions and community events.
Wellness facilities designed to keep you moving and engaged.
Trusted Care and Purpose-Built Safety
What truly distinguishes Eden at Botanica CT is its “Care-Ready” philosophy. We provide a lifestyle that adapts to your needs, ensuring professional support is always at hand.
Comprehensive In-House Support, Facilities and Security:
24-Hour Assistance: Professional care aides are on standby around the clock.
Security is equally robust, featuring a 3-tier system and AI-powered CCTV monitoring to ensure a safe, worry-free environment.
Medical Oversight: Weekly doctor visits and regular vital signs monitoring are conducted on-site
Optional Services*:
Housekeeping, laundry and meals*
Core maintenance support: Electrical, plumbing and basic repairs*
Safety-First Design: Every apartment is built for “aging-in-place,” featuring step-free flooring, anti-slip tiles, grab bars, and emergency panic buttons.
Spacious Independence: Our units feature a 26-foot width—wider than most terrace houses—giving you the freedom of a landed home with the peace of mind only a modern facility can provide.
A Holistic Healthcare Ecosystem: Future-Proofing Your Wellness
EABC extends its commitment to your health well beyond the front door. Strategically situated within a thriving integrated medical hub, our location offers residents the ultimate luxury: peace of mind.
Whether you require daily assistance or specialized medical attention, world-class support is just moments away:
Licensed Care Residence: A fully accredited facility is located a mere stone’s throw away, providing professional support for residents requiring higher levels of daily care.
Selgate Private Hospital (2029): The upcoming addition of this major private hospital ensures that by the end of the decade, EABC residents will have doorstep access to comprehensive specialist care and emergency services.
At EABC, you aren’t just buying a home; you are securing immediate access to a complete continuum of care.
The Convenience of the Botanica CT Township
While the development offers a private retreat, it is perfectly positioned within the vibrant 300-acre Botanica CT township. Residents have immediate, easy access to everything needed for a comfortable life:
Dining & Retail: Culinary experience (local and western) and a supermarket.
Daily Essentials: Pharmacies, clinics, and essential outlets.
Education: Proximity to a renowned international school, making it easy for family visits.
Where Your Next Chapter Begins in Comfort and Ease
Eden at Botanica CT is more than a residence; it is a blueprint for a vibrant and secure retirement. Experience the perfect balance of resort-living and professional care on the beautiful Penang Island.
Visit the Eden at Botanica CT Sales Gallery and Show Unit
No. 32 & 32A, Jalan Sungai Air Putih, Bandar Baru Air Putih,
11000 Balik Pulau, Penang
Open daily, 10.00am – 6.00pm
For further enquiries, please contact Eden at Botanica CT at
According to The Edge Malaysia, one of the key properties belonging to the trust of the late Cheah Leong Keah has been sold in a deal that underscores continued interest in prime Penang real estate.
Sources told The Edge that the 2.32-acre freehold plot at the corner of Jalan Kelawai and Leandro’s Lane, located just about 100m from Gurney Paragon Mall, was sold via a tender exercise for RM130 million, translating to approximately RM1,287 per sq ft. The site is currently occupied by eight single-storey bungalows, and the transaction is expected to take around nine months to conclude.
The buyer is said to be Sevenco Sdn Bhd, a relatively new company. A company search revealed several directors, with Koe Peng Kang standing out. According to Sevenco’s website, Koe is its group managing director, while the group chairman and executive director is Jeffrey Chung.
Koe is a familiar name in the property industry. He joined S P Setia Bhd in 1997 as a project manager and rose through the ranks to become deputy president and chief operating officer before leaving in September 2022. During his tenure, he was instrumental in pioneering Setia’s eco-themed township developments, as well as initiating the group’s hospitality and overseas ventures. He later ventured into project management and consultancy, focusing on boutique and joint-venture developments.
At press time, Sevenco had not responded to queries from The Edge. However, it is understood that the company plans to develop a hotel and branded residences on the prime Jalan Kelawai site.
Sevenco’s website lists several projects across Malaysia, including developments in Kedah, Penang, the central region and multiple upcoming projects nationwide.
A freehold gated-and-guarded townhouse development comprising 210 residential units, designed to support modern family living within a secure community setting. The project features contemporary layouts and is complemented by shared facilities such as a clubhouse, swimming pool, gymnasium and outdoor recreational areas. Its location near commercial centres, schools, healthcare facilities and key transport links enhances daily convenience while maintaining a calm residential environment.
Penang’s Golden 5 Years: A Rare Window of Opportunity
Every great city experiences a defining moment — a period when infrastructure, investment, and vision converge to reshape its future. Over the next five years, Penang is entering one of its most transformative growth cycles, driven by a powerful combination of:
Penang International Airport (PIA) expansion
Penang’s first Light Rail Transit (LRT)
Major road and connectivity upgrades across Penang
Continuous inflow of multinational companies and high-skill employment
History shows that the strongest property value growth happens during infrastructure execution — not after completion. This is Penang’s Golden 5 Years, and those who act early stand to benefit the most.
PICC: At the Intersection of Everything That Matters
At the heart of this transformation stands Penang International Commercial City (PICC) — a visionary, master-planned integrated township by Hunza Properties Group, designed to become the new urban core of Southwest Penang.
PICC’s location is the result of deliberate and strategic planning. It is positioned adjacent to Penang International Airport, integrated with the future LRT station, seamlessly connected to key arterial roads and major industrial hubs, and anchored by a comprehensive mix of commercial, retail, medical, and residential components.
This is urban planning with purpose — a carefully curated ecosystem designed to support long-term growth, accessibility, and liveability for generations to come.
The Only Integrated Township with Direct Sky-Linked Connectivity
PICC stands apart as the only integrated township in Penang that brings everything together through direct sky-linked connectivity. Imagine living in a home where you are:
Directly connected via sky bridge to the future LRT station
Linked seamlessly to PICC Shopping Mall
Connected to Medical Central
Surrounded by commercial offices, lifestyle amenities, and daily conveniences
This is city living without compromise — thoughtfully designed for the future of mobility, convenience, and connected living.
Senze@PICC — Where Everything Comes Together
Rising at the very centre of PICC is Senze@PICC, a fully furnished serviced residence crafted for modern urban lifestyles and intelligent long-term investment.
Designed for discerning homeowners and forward-looking investors, Senze@PICC offers a strategic address within Penang’s most ambitious township, a future-ready lifestyle aligned with infrastructure-led growth, and a property that evolves in tandem with Penang’s long-term development trajectory.
Whether as a primary residence, a second home, or a strategic investment asset, Senze@PICC brings every advantage together in one exceptional address.
Fully Furnished, Fully Thought Through
Every residence at Senze@PICC is delivered fully furnished, ensuring immediate liveability and effortless ownership. Owners can move in with ease, rent out without delay, and enjoy a truly hassle-free property experience.
This turnkey concept is particularly well-suited for professionals, MM2H participants, international investors, and long-stay residents — those who value efficiency, comfort, and peace of mind. Every detail is thoughtfully considered, delivering convenience, value, and quality from day one.
Over 70 Lifestyle & Recreation Facilities
Senze@PICC elevates everyday living with up to 70 thoughtfully curated lifestyle and recreation facilities, designed to enrich every moment of modern urban life. From wellness and fitness to leisure, productivity, and social spaces, every element has been carefully planned to support a balanced and fulfilling lifestyle. Crowning this experience is a spectacular rooftop retreat that brings residents above the city.
Construction Progress on Track — A Future Landmark in the Making
Construction of Senze@PICC is progressing steadily and according to plan, reinforcing confidence in its delivery and long-term value. Upon completion, Senze@PICC is poised to become a new architectural landmark — a defining feature of the Southwest Penang skyline and a signature residential icon within the PICC master development. This is more than a building. It is a statement of confidence in Penang’s future.
PICC Shopping Mall: A Game Changer for Southwest Penang
Another defining pillar of PICC is the upcoming PICC Shopping Mall, envisioned to become the largest shopping mall in Penang. This landmark retail destination is set to transform lifestyle and retail offerings across Southwest Penang, serving residents, professionals, and travellers alike.
Designed as a vibrant 24/7 urban destination, the mall will anchor PICC as a true live–work–play environment. For residents of Senze@PICC, this means retail, dining, entertainment, and daily conveniences right at their doorstep.
Why Senze@PICC, Why Now
Penang’s Golden 5 Years are already in motion, with major infrastructure projects shaping the island’s future. At the heart of this transformation, PICC sits at the convergence of airport expansion, LRT connectivity, and urban growth, creating a unique ecosystem that is poised for long-term value appreciation.
Senze@PICC offers fully furnished, future-ready residences within this exceptional master-planned township, combining lifestyle, convenience, and strategic investment potential. Opportunities to secure a home at this stage — before full infrastructure completion and value realisation — are rare and limited.
This is more than a home; it is a strategic decision. For those who understand that location defines value, infrastructure drives opportunity, and timing determines returns, Senze@PICC presents an unparalleled chance to own the future of Penang.
Hunza DoubleUp Campaign: More Value, More Excitement for Home Purchasers
Opportunities like this appear once in a generation — and are recognised only by those ready to act. Now, with Hunza’s DoubleUp Campaign, owning Senze@PICC comes with even greater rewards.
Enjoy a total of RM2 million in rewards*, featuring exclusive instant gift, exciting lucky draws, and extraordinary grand prizes — all designed to elevate your ownership experience. This is your moment to DoubleUp your dreams and secure your place at the centre of Penang’s future: https://picc-penang.com/doubleup
Visit the PICC Sales Gallery, Penang’s largest one-stop show gallery, and explore the 6 stunning Senze@PICC show units. For enquiries or private appointments, call 04-6090688 or WhatsApp @ https://wa.link/hen7ll
Own the future of Penang. Live at the centre of it. Welcome to Senze@PICC.
