A proposed mixed development situated on approximately 10 acres of land along Jalan Sultan Azlan Shah, adjacent to The View condominium in Batu Uban. The site is a short drive from the Penang Bridge and is well-connected to George Town and surrounding townships via the Tun Dr Lim Chong Eu Expressway and Jalan Sultan Azlan Shah. The site was previously earmarked for a development known as The Millennium.

The proposed development is a large-scale mixed commercial project comprising eight high-rise towers spread across four plots. The integrated development will feature retail, office, hotel, serviced apartment, and serviced suite components, with tower heights ranging from 48 to 70 storeys. Each plot will be supported by retail podiums, lifestyle facilities, extensive multi-level car parks, and two basement parking levels.

In total, the project will deliver over 360 retail units, more than 2,500 serviced apartment units and suites, over 400 office units, and a hotel component offering close to 410 rooms. The development is envisioned as a comprehensive mixed-use commercial hub, seamlessly integrating residential, business, hospitality, and retail elements within a modern, high-density urban environment.

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

Project Name: (to be confirmed)
Location : Batu Uban
Property Type : Mixed development
Land Area: 5.9 acres
Total Units : (to be confirmed)
Built-up Size: (to be confirmed)
Land Tenure : (to be confirmed)
Indicative Price : (to be confirmed)
Developer : (Follow us to find out more)

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.

About The Pier

A mixed-development project by Asia Green Group in Bayan Mutiara, Penang, strategically located along Tun Dr. Lim Chong Eu Expressway near the Penang Bridge’s Bayan Lepas exit. Adjacent to The Zen development (formerly Zen 9), it comprises two residential towers—Tower A with 496 units and Tower B with 438 units, totaling 934 units. The development includes facilities on level 8, a 7-level car parking podium, and 64 shop offices at ground level.

Find out more about The Pier

Magni-Tech Industries Bhd, best known for its garment manufacturing and packaging products, is making a bold pivot into property development with the acquisition of a prime 4.7-acre beachfront parcel in Tanjong Bungah, Penang, for RM133.33 million cash.

The 4.7-acre freehold site priced at approximately RM649 per square foot, sits adjacent to the Dalat International School and was previously used as a car park. According to a Bursa Malaysia filing, the purchase will be funded entirely through internally generated funds, with Magni-Tech’s wholly-owned subsidiary, Magni Land Sdn Bhd, signing a sale and purchase agreement with Neoh Choo Ee & Company Sdn Bhd which is an investment holding company controlled by the Neoh family.

The land transaction marks a striking jump in value. Originally acquired by the vendor in 1973, the site carried an audited net book value of just RM1.01 million as at December 31, 2025 — a testament to how dramatically Penang’s prime coastal property values have appreciated over the decades.

Magni-Tech described the location as highly attractive, surrounded by established hotels, resorts, and international schools, factors the company believes enhance both its appeal and development potential.

At the helm of Magni-Tech is 79-year-old Penang tycoon Tan Sri Tan Kok Ping, who serves as executive chairman and substantial shareholder, holding a direct 5.25% stake and an indirect 13.95% interest in the company.

The acquisition is expected to be completed in the second half of 2026, signalling a significant new chapter for the manufacturer-turned-developer.

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.

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