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SITE PROGRESS: Maldives Residences (Sept 2026)

Property News/ 9 September 2026 No comments

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About Maldives Residences

A residential development by Ideal Property Group at Bayan Lepas. Strategically located along Lorong Sungai Tiram 6, just across the road from Havana Beach Residences. It is conveniently connected to Jalan Tun Dr Awang, less than 2km away from Penang International Airport. This development comprises 46-storey building with 4 residential towers. It features a mix of affordable and upgraded units, with a built-up size of 850sq.ft. onwards.

Find out more about Maldives Residences

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Juru-Sungai Dua Elevated Highway project 40.79% complete

Property News/ 8 September 2026 No comments

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The Penang state government remains committed to facilitating the implementation of the Juru-Sungai Dua Elevated Highway project, with Package 1 of the strategic traffic dispersal project now recording 40.79% physical progress.

Penang Chief Minister Chow Kon Yeow said construction works for Package 1, covering the route from the Juru Toll Plaza to the Sungai Dua Toll Plaza, are progressing on site and are expected to be completed by October 2027.

Meanwhile, Packages 2 to 5 are currently undergoing evaluation and tender processes. The tender process for the four packages is expected to be completed by the end of 2026, with construction targeted to begin early next year.

Chow said land acquisition and utility relocation works would be carried out concurrently to minimise delays and ensure the project progresses smoothly.

The project is expected to benefit around 200,000 road users daily along the Juru-Sungai Dua corridor by easing congestion and improving traffic flow.

The project has also received close attention from Prime Minister Anwar Ibrahim, with regular monitoring and monthly meetings held to address challenges and implementation issues. The overall project is targeted for completion by the end of 2030.

According to Chow, the elevated highway adopts a traffic segregation concept that separates local traffic from highway traffic, similar to the approach implemented in Jelapang, Ipoh.

He said the concept had helped improve traffic movement and control in Jelapang, and expressed hope that a similar impact could be achieved along the Juru-Sungai Dua corridor.

The state government is also assisting with land acquisition matters. The process has reached Section 8, with the relevant matter expected to be presented by the Federal Department of Director General of Lands and Mines (JKPTG) Penang on September 17.

Chow added that relocation requirements would be relatively limited due to the availability of existing reserves. Based on current information, only seven food stalls are affected, with no large-scale resettlement involved.

With an estimated cost of RM3 billion, the Juru-Sungai Dua Elevated Highway is a high-impact infrastructure project aimed at addressing congestion along one of the busiest sections of the North-South Expressway.

Upon completion, the project is expected to improve connectivity and traffic flow not only for Penang residents but also for motorists travelling along the north-south highway corridor.

Penang govt to auction 6-acre Gurney Drive land for over RM300m

Property News/ 8 September 2026 No comments /中文版

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A 6-acre freehold prime land parcel next to Gurney Bay and Andaman Island will be offered for public auction on Oct 7, 2026, with a reserve price of RM313.632 million.

Located at P.T. 858 (Plot 7A), Section 2, Bandar Tanjung Pinang, Northeast District, Penang, the land carries a reserve price of RM1,200 per sq ft. The auction will be held at 11am at Level 51 of KOMTAR.

The auction is part of the Penang state government’s efforts to support the completion of the Ayer Itam-Tun Dr Lim Chong Eu Expressway project, which is being undertaken by Consortium Zenith Construction Sdn Bhd (CZC).

As at Aug 31, 2026, the road project had achieved 92.46% physical progress, while financial progress stood at 81.69%.

Unlike conventional projects funded through cash payments to the contractor, the project is financed through a land-swap arrangement, whereby land parcels are transferred based on claims for completed works.

CZC has so far claimed land worth RM695.977 million. Of this, 11.6183 acres valued at RM427.657 million have already been transferred, while land worth RM225.768 million that has been claimed remains to be transferred.

The state government said CZC requires assistance to monetise the land through sales to generate cash flow and ensure the project can be completed by April 2027.

As part of this arrangement, the state has agreed to auction the 6-acre Plot 7A, which forms part of CZC’s land claims for works already completed. Proceeds from the sale will be shared between the Penang state government and CZC.

SUBJECT LAND

Rimba Ville – A New Tropical Living in Kulim Hi-Tech

Advertorial/ 7 September 2026 No comments

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Located within the thriving Kulim Hi-Tech Park, Rimba Ville @ Kulim Utama is a freehold residential township by OIB Group that blends modern family living with a nature-inspired environment. Guided by the concept of “Tropical Home Living”, the development is designed to offer residents a peaceful retreat where tropical landscapes, practical home designs and everyday conveniences come together.

Beyond its nature-inspired setting, Rimba Ville also benefits from a highly accessible location. The township is positioned just 8km from the Butterworth–Kulim Expressway (BKE Highway), offering convenient access to surrounding townships. Residents are within close proximity to schools, healthcare facilities, shopping destinations and recreational amenities, including Kulim Central, Kulim Golf Resort, KHTP Sports Complex and Kulim Hospital. Located within the Kulim Hi-Tech Park itself, Rimba Ville is neighbouring with major technology and manufacturing companies such as Intel, Infineon, AT&S, First Solar and Fuji Electric.

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Planned as a thoughtfully designed township comprising 918 freehold homes, Rimba Ville places strong emphasis on creating a balanced and sustainable living environment. More than 9 acres of landscaped greenery and seven thematic parks have been incorporated into the masterplan, offering residents ample open spaces for recreation, relaxation and community interaction. Tree-lined boulevards, eco ponds, jogging trails, sports facilities, children’s playgrounds and community parks encourage an active outdoor lifestyle while reinforcing the development’s tropical living concept. Rather than simply providing residential units, the township is envisioned as a neighbourhood where families can enjoy a healthier, more connected way of life.

Rimba Ville comprises spacious 2-storey terrace homes with a typical lot size of 20′ x 70′, each offering a generous 2,117 sq.ft. built-up area. Every home features four bedrooms and three bathrooms, providing ample space for growing families. Practicality is equally prioritised through an open-plan layout, a fully extended kitchen, a second family hall, fibre connectivity and parcel drop box. These features are designed to enhance day-to-day convenience while allowing homeowners flexibility in adapting their living spaces to changing family needs.

The current launch of Rimba Ville also includes 1-storey semi-detached and cluster houses having 3 bedrooms and 2 bathrooms. The garden provided in these houses gives the option to those owners who want some extra space to relax, entertain, or do any activity outside their house. This garden can be used as a personal space for those owners who like to have some extra room for their growing family.

Security and long-term liveability are also central to the development. Rimba Ville is a fully guarded and gated community equipped with perimeter fencing and controlled access for greater peace of mind. Underground utility cabling further enhances the streetscape by reducing visual clutter while improving safety and infrastructure reliability. Together, these features contribute to a clean, secure and family-friendly neighbourhood environment.

Market response to the project has been encouraging, with Phase 1 fully taken up. Following this success, the developer has officially launched Phase 2, offering another opportunity for prospective homebuyers to be part of this growing township. The homes are priced from RM570,000 onwards, an affordable option for those seeking a spacious freehold landed property within the rapidly expanding Kulim growth corridor.

Combining a strategic location, practical family-oriented homes, abundant green spaces and a secure community setting, Rimba Ville @ Kulim Utama offers a lifestyle that balances modern convenience with the tranquillity of tropical living, making it an appealing choice for both owner-occupiers and long-term property investors.

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Pan Island Link 2A first phase nears 30% completion

Property News/ 6 September 2026 No comments /中文版

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The first phase of the Pan Island Link 2A (PIL2A) highway has reached 29.85% completion, with construction progressing slightly ahead of schedule as the project moves towards providing a direct connection between Penang island and Silicon Island.

Penang Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari said the project was 0.42% ahead of schedule as of the end of August.

The RM420 million first phase comprises a 1.5km road and marine bridge connecting the junction at Jalan Permatang Damar Laut directly to Silicon Island.

According to Zairil, the marine bridge is being constructed using a balanced cantilever beam structure. Construction of the substructure, including pile caps and columns, is currently progressing in both the marine and land sections in Permatang Damar Laut.

The project requires 260 T-beams for its superstructure, of which 25 had completed the casting process as of Aug 31.

Zairil said the highway would be opened to the public in stages, with the first section of the marine bridge targeted for completion and opening to traffic in December 2028. Full completion of the PIL2A project is scheduled for June 2029.

He said the steady progress reflected the commitment of the Penang state government, project developer and contractors, while stressing that site safety, operational controls and environmental management remained key priorities throughout construction.

The state government, through Penang Infrastructure Corporation Sdn Bhd (PIC), will continue to closely monitor the project to ensure construction proceeds smoothly and that any challenges are addressed promptly.

Upon completion, the first phase of PIL2A is expected to serve as a permanent access route to Silicon Island via Jalan Permatang Damar Laut, while supporting future development and sustainable urban growth on Penang island.

PIC chief executive officer Datuk Seri Farizan Darus said the project management team would maintain close oversight of contractor operations to ensure the works were carried out responsibly and transparently.

As the PIL2A alignment passes through residential areas, the project’s safety and health team has also maintained regular communication with nearby communities, particularly when traffic diversions or road closures are required.

Farizan said close cooperation with the local community had helped ensure that construction-related processes proceeded smoothly.