Mah Sing Group Berhad (Mah Sing) today announced plans for M Cora, a RM528 million gross development value (GDV) mixed development strategically located just 450 metres from the upcoming Mutiara LRT Line’s Bandar Sri Pinang Station. This prime site near Karpal Singh Drive offers seamless connectivity across Penang Island and to the mainland via Penang Sentral, underscoring Mah Sing’s focus on developing well-connected urban communities.

The project is situated on a 2.83-acre site acquired from the Penang Development Corporation (PDC) for RM51.8 million. The signing ceremony held today, witnessed by the Penang Chief Minister, YAB Tuan Chow Kon Yeow, underscores the State Government’s confidence in Mah Sing’s proven track record and its alignment with Penang’s vision of sustainable growth, economic inclusivity, community empowerment, and the adoption of smart technologies to enhance overall quality of life. Also present were Mah Sing’s Group Chief Executive Officer and Executive Director, Dato’ Voon Tin Yow, and Dato’ Mohammad Azhar bin Hamdan, Senior Deputy Chief Executive Officer of Penang Development Corporation (PDC). The sale and purchase agreement was officially signed between Mah Sing’s Chief Executive Officer Property Subsidiaries, Yeoh Chee Beng and Deputy Chief Executive Officer of PDC, Tuan Haji Sr. Roslan bin Hassan. The event underscored the State Government’s strong support and commitment towards fostering strategic partnerships that drive sustainable growth and development in Penang.

Expanding Presence in Penang

M Cora marks Mah Sing’s fourth land acquisition for 2025 and builds upon the Group’s successful track record in Penang since 2009. Planned as a mixed development featuring condominiums and commercial suites, the project targets a diverse range of buyers including first-time homeowners, working adults, families, and investors seeking long-term value. Subject to authorities’ approval, M Cora will offer two-bedroom condominiums with indicative built-up areas of approximately 904 sq ft to 1,015 sq ft. The commercial suites will feature three layout options with indicative sizes of 450 sq ft, 660 sq ft, and 750 sq ft. M Cora is expected to be launched in the second half of 2026 with indicatively priced from RM426,000.

Long-Term Commitment to Penang

Mah Sing Group Berhad continues to strengthen its presence in Penang with M Cora, reflecting the Group’s confidence in the state’s growth potential and long-standing partnership with the Penang Government.

Founder and Group Managing Director Tan Sri Dato’ Sri Leong Hoy Kum said the project reaffirms Mah Sing’s nearly two-decade commitment to Penang and aligns with its strategy of investing in high-growth, well-connected locations. “With its prime location and upcoming LRT access, M Cora is poised to become a new benchmark for mixed-use urban living on Penang Island,” he said.

He added that Mah Sing will continue to acquire strategic landbanks across Malaysia to sustain growth and meet evolving market demand. Supported by strong financial discipline and execution capabilities, the Group is well-positioned to act swiftly on opportunities with long-term value potential.

Penang: A Trusted Market for Mah Sing

Mah Sing’s track record in Penang began in 2009 with its Southbay township in Bayan Lepas, comprising fully sold developments such as Residence@Southbay, Legenda@Southbay, Southbay Plaza, The Loft, and M Vista. The Group later expanded to Batu Ferringhi with Ferringhi Residence and Ferringhi Residence 2, where Tower B is already 89% sold. These projects, along with the approved North Coastal Paired Road (NCPR), continue to enhance accessibility and strengthen Mah Sing’s northern portfolio.

M Cora follows the successful launch of M Zenni in Southbay, a 33-storey, RM309 million GDV residential tower offering 494 units starting from RM480,000.

Located just 450 metres from the upcoming Bandar Sri Pinang LRT Station, M Cora offers seamless access to the 29.5km Mutiara LRT Line, linking key destinations such as the Penang International Airport, USM, Komtar, and Penang Sentral. Surrounded by mature developments and key amenities, M Cora is designed to deliver modern, connected city living for professionals, families, and investors alike.

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.

The Penang State Government has approved the planning application by Lone Pine Residence Sdn. Bhd. for a proposed five-storey wellness suites project on Lot 4658, Tanjong Bungah. As part of the development conditions, the developer is also required to construct a public park — the Seaside Pocket Park — on adjacent state land for community recreation.

This initiative aims to transform the green area in Tanjong Bungah into a public park that will serve both local residents and visitors. The state government envisions the park as a family-friendly recreational hub and a long-term public amenity in line with Malaysia’s transition towards an aging society, promoting wellness and social interaction among all age groups.

Approval for the park’s construction (Parcel A) was granted on 5 December 2024, followed by approval for site preparation and material relocation works on 7 May 2025. The developer is now preparing to commence on-site works.

The proposed park will include jogging tracks, a children’s playground, resting areas, fitness facilities, a seaside promenade, and lush landscaping with trees and greenery. Lone Pine Residence Sdn. Bhd. will be responsible for maintaining the park upon completion, ensuring it remains a sustainable and enjoyable public space.

The state government has firmly dismissed allegations that the area’s green space and beachfront are being destroyed for luxury development, clarifying that the ongoing earthworks are solely for the construction of the Seaside Pocket Park — a public amenity designed for the benefit of all, especially the surrounding community of Tanjong Bungah.

Prime Minister Datuk Seri Anwar Ibrahim officiated the groundbreaking ceremony for the traffic dispersal project between the Juru and Sungai Dua Toll Plazas along the North–South Expressway on 8 November 2025.

The 17.3-kilometre project aims to ease congestion along one of the busiest highway stretches in northern Malaysia while supporting regional economic growth.

Penang Chief Minister Chow Kon Yeow said the project reflects the state’s commitment to building smarter and more inclusive infrastructure.

“Our goal is not only to build more roads, but smarter roads — not just to speed up travel, but to ensure fairer access for all,” he said.

Chow added that the project would serve as a catalyst for economic growth in Seberang Perai, especially in Bukit Minyak, Juru, and Sungai Dua, generating job opportunities, boosting local industries, and enhancing residents’ quality of life.

He also expressed appreciation to the Federal Government for approving 86 new projects under the 13th Malaysia Plan (RMKe-13) Rolling Plan 1, including 10 Penang-based initiatives worth RM283 million that will drive strategic state development.

Anwar, who also serves as Finance Minister, said the elevated highway project was approved to address long-standing traffic woes affecting Penang and the northern states.

“I am grateful that this long-delayed project can finally proceed. Expedite it so the people can benefit soon,” he said.

The Prime Minister also highlighted the LRT Mutiara Line, connecting Bayan Lepas, George Town, and Penang Sentral, as another major initiative to reduce congestion, particularly on the Penang Bridge.

Meanwhile, Works Minister Datuk Seri Alexander Nanta Linggi said the RM3 billion project will be funded through a hybrid model — 60% by the government and 40% by the private sector. Phase One, with RM56 million allocated, has already started, while Phase Two will begin in early 2026.

The project is expected to take 48 months to complete, targeting full completion by mid-2030.

Penang’s second Urban Transformation Centre (UTC) has officially opened its doors at the Penang Sentral Transport Terminal in Butterworth, marking another milestone in improving public access to essential government services.

Launched by Prime Minister Datuk Seri Anwar Ibrahim, the centre is the 24th UTC nationwide and is expected to benefit more than one million residents across Seberang Jaya, Penaga, Perai, Bukit Mertajam, as well as nearby areas in Kedah and northern Perak.

The establishment of the new UTC follows Anwar’s announcement during Budget 2025, made possible through a collaboration between the Finance Ministry and the Penang state government.

Open daily from 8am to 9pm, the centre houses key federal and state agencies such as the National Registration Department, Immigration Department, Road Transport Department, Royal Malaysia Police (PDRM), and Inland Revenue Board (LHDN), alongside health and dental clinics.

Visitors can also access the Kiosk Sentuhan Madani (KSM) and Cash Aid Information Hub, which assist with various financial aid programmes including STR, Sara, Budi95, and JKM aid.

The LightHauz, a serviced residence development by Exsim Waterfront Sdn. Bhd. in in Gelugor. Strategically located within the vicinity of The Light Waterfront development along the Tun Dr. Lim Chong Eu Highway, with direct connectivity to key destinations such as George Town, Bayan Lepas, and major commercial, medical, and educational facilities. Nearby landmarks including Lotus’s E-Gate, Lam Wah Ee Hospital, Universiti Sains Malaysia, and the proposed LRT station.

The development consists of a 57-storey freehold serviced residence tower comprising 671 residential units. Inspired by the form of a lighthouse, the project adopts a modern architectural interpretation of this motif. Unit options range from two- to three-bedroom layouts measuring 732 sq.ft. to 1,001 sq.ft., offered in configurations with or without balconies. Each unit is allocated two parking bays.

Project Name : The LightHauz
Location : Gelugor
Property Type : Serviced residence
Built-up Size: 732 sq.ft. – 1,001 sq.ft.
Tenure: (to be confirmed)
Total Units : 671
Indicative Price : RM890,000 onwards
Developer : Exsim Waterfront Sdn. Bhd.

DISCLAIMER: This article is solely based on research done using publicly available information, including the approved brochure from KPKT . 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.