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Global Foundries opens its first office in Penang

Property News/ 27 September 2023 No comments

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Global Foundries (GF), one of the world’s leading semiconductor manufacturers, has chosen Penang to open its first office in the country.

It is located at One Precinct building in Bayan Baru.

GF chief manufacturing officer Kay Chai Ang said the key feature of the new office is the new state-of-the-art ‘factory control tower’.

“It will enable the team to monitor key production processes, performance metrics, and tool uptime across all of Global Foundries’ global manufacturing sites.

“Our plans for the Penang office also include the use of Industry 4.0 solutions to enhance manufacturing processes for greater efficiency and productivity.

“We will also train our employees in the Penang office in the use of artificial intelligence (Al) and machine learning to further automate processes in semiconductor manufacturing,” Chai said in his speech before Chief Minister Chow Kon Yeow officiated the company’s office yesterday.

Also present were InvestPenang chief executive officer Datuk Loo Lee Lian and the Chief Minister’s special investment adviser Datuk Seri Lee Kah Choon.

Chai added that the new office would create 300 high-value manufacturing support roles, including technicians, engineers, and administrative support.

Chow was also proud that Penang was chosen as the location for the GF office, showcasing the confidence placed in the Penang ecosystem.

“As one of the world’s top three largest semiconductor foundry companies, I am pleased that Penang has been chosen to be a key part of your global hub strategy to augment your global manufacturing footprint in Singapore, the United States and Germany.

“At a time when business and supply chain resiliency are key priorities, Global Foundries global manufacturing footprint sets the company ahead of the pack.

“Particularly, the company’s emphasis on digital manufacturing also aligns with Penang’s goals and roadmap as we continue to anchor our position as the Silicon Valley of the East,” he said.

Chow added that the state, via InvestPenang, strives to provide steadfast support and facilitation to all investors so that Penang could continue to strengthen its position and relevance as a location for global businesses to set up their offices.

Source: Buletin Mutiara

Reclamation work for Silicon Island project has begun

Property News/ 26 September 2023 5 comments

work-on-silicon-island-project

In a recent Facebook post, the Chief Minister of Penang unveiled that the long-awaited Silion Island (also known as Penang South Island) reclamation project has officially begun. This momentous endeavor, which endured nearly a decade of legal and technical challenges along with extensive public engagement, marks a major step towards a prosperous and sustainable future for the region.

The primary goal of this project is to create land for a state-of-the-art Green Technology Park. This initiative aligns perfectly with global sustainability trends, making Penang a focal point for eco-friendly innovation. The park is expected to attract high-value investments and generate numerous employment opportunities, solidifying Penang’s position as a regional leader in green technology and sustainable development.

Beyond economic benefits, this project underscores Penang’s commitment to environmental conservation. Rigorous environmental impact assessments and mitigation measures are in place to preserve the region’s natural beauty and biodiversity.

The launch of the Silicon Island project signifies a bold step towards securing a prosperous and eco-conscious future. As the Green Technology Park takes shape, Penang anticipates a brighter and more sustainable tomorrow, setting an example for the region’s development. This project showcases the resilience and vision of Penang’s leadership and its people, marking the beginning of a transformative journey.

Klippa Shopping Centre extends a friendly invitation to all – Klippa Kan Kawan

Property News/ 26 September 2023 No comments /中文版

klippa-kankawan-RGB-A2-KV-VerticalKlippa Shopping Centre, Ikano Centres’ meeting destination in North Malaysia, is delighted to introduce its “Klippa Kan Kawan” campaign – an open invitation to the Batu Kawan community as well as Penangites, and neighbouring states to join the centre in creating meaningful connections and offering an exciting array of deals and promotions.

Klippa as your Welcoming Friend

Derived from a Swedish word that encompasses both ‘rock’ and ‘friend’, Klippa is more than just a retail destination; it embodies the spirit of a welcoming friend, reflecting the brand’s vision of building meaningful connections. As new families settle into their homes, students embark on their educational journeys, and professionals build their careers within the Batu Kawan Industrial Park, Klippa is committed to tailoring experiences for everyone in the community and beyond, including Penangites, and neighbouring states.

Klippa’s goal is to create fun, exciting, and convenient experiences on every visit. The centre offers a variety of snacking options, cosy hangout spots, and budget-friendly meal deals for students and working professionals at tenants like Kejap Food, XiXiang Kaya Kopitiam, Zus Coffee, and more. Klippa’s exciting F&B drive-thru concept caters to the convenience of busy professionals and families with drive-thru lunch options and effortless access to well-known food brands like Kenny Rogers Roasters, Coffee Bean & Tea Leaf, A&W, McDonald’s, KFC, and many others.

For families residing in the area, Klippa offers a variety of essential home-focused tenants, including Mr DIY Plus and Harvey Norman. Moreover, the centre houses a full-fledged supermarket, TMG Plus, known for its extensive selection of fresh groceries and dry goods, all priced affordably to meet the diverse needs of every shopper.

To enhance the experience for Klippa’s friends or ‘kawan-kawan’ from across North Malaysia, the centre strives to enhance their visits to IKEA Batu Kawan, ensuring that visitors can make the most of their day out.

Natasha Aziz, Head of Brand Experience & Communications of Ikano Centres said, “Klippa envisions itself to be more than just as shopping centre, we have the ambition for Klippa to become the hub of the growing Batu Kawan township. We first opened Klippa in 2019 with only 80,000 sq ft of gross leasable area (GLA). Since then we have expanded to 675,000 sq ft with 40 tenants and a healthy occupancy rate of 98%. We remain committed to growing together with our Batu Kawan communities, to introduce new offers that are relevant to our customers’ needs. Our end goal is to create a retail-anchored meeting destination where our visitors can shop, dine, connect, socialise and celebrate the uniqueness of our location.”

Exciting Updates at Klippa

Looking ahead to 2024, Klippa will welcome two significant additions to its retail line up. The first is a petrol station operated by Caltex, which is set to open in the first quarter. In the second half of 2024, Klippa will also open mainland Penang’s first Decathlon store, making a healthy lifestyle more accessible for North Malaysians.

Weekly Mega-Deals

For the last quarter of 2023, Klippa will introduce exclusive promotions, and special offers that will make shopping experiences at the centre even more rewarding. Stay tuned for exciting weekday deals across our many tenants.

Kings Galleria @ RU Square

Raja Uda/ 25 September 2023 No comments

Show Unit - 7

Kings Galleria @ RU Square, showcases the unique combination of Modern and Heritage concepts for the galleries emphasizes the closeness of building occupants to nature by using raw building materials such as bare brick walls and steel structures. Strategically located at Jalan Raja Uda and Jalan Dahlia. It is just a stone’s throw away from Chinatown. This is part of the approximately 14-acre development of RU Square which consists of residential and commercial properties upon completion. This well-planned commercial development is proudly brought to you by Jayamas Property Group.

This development offers 16 units of freehold 3-Storey shop offices, featuring a build-up from 3,504 ft2. Indicative selling price starts from RM3,888,000. It is scheduled for completion by 1st Quarter of 2027.

Project Name: Nanyang Street @ RU Square
Location: Raja Uda, Butterworth
Property Type: Shop office
Built-up Size: 3,504 sq.ft.
Total Unit: 16 units
Indicative Price: RM3,880,000 onwards
Developer: Jayamas Mall Sdn Bhd (Jayamas Property Group)

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

Penang poised to become MedTech Hub of Asia

Property News/ 23 September 2023 8 comments
penang medical and tech hub

Artist’s impression of the Penang Medical and Digital Technology Hub in Batu Kawan

Penang is set to become the MedTech Hub of Asia due to the rise of its medical device exports.

Chief Minister Chow Kon Yeow said Penang’s exports in medical devices make up about 65% on average of Malaysia’s total in the MedTech industry between 2017 and 2021.

“The state’s exports in professional, scientific, controlling equipment, apparatus have risen as well, according to InvestPenang.

“The upcoming Medi-City plan in Bandar Cassia, Batu Kawan, showcases Penang’s unwavering dedication to pioneer advancements in the healthcare sector,” said Chow in his speech during the annual Penang Pharmacists Convention 2023 in Setia SPICE Convention Centre today.

The Penang Pharmacists Convention 2023 is a pilot programme, jointly organised by the Malaysian Pharmaceutical Society Penang Area Committee (MPS), the Young Pharmacists’ Chapter Penang Area Committee (YPC) and the Malaysian Community Pharmacy Guild Northern Branch (MCPG).

​As the largest pharmacists’ convention in northern Malaysia, the theme of this year’s convention is ‘Advancements in Pharmacy Practice’.

Chow said he was proud to officiate the convention whereby the participants could use the platform to exchange ideas on the future of pharmacy.

“We commemorate World Pharmacist Day, an occasion that resonates with pharmacists across the globe. It serves as a reminder of the vital roles the pharmacists play in our healthcare systems,” he added.

Chow was also proud of Universiti Sains Malaysia’s (USM) commitment to pharmaceutical research and education.

Malaysian Pharmacist Society deputy president Dr Nour Hanah Othman encouraged pharmacists to actively engage in shaping the future of pharmacy practice.

“The event marked a significant step towards a brighter and advanced future for the pharmacy profession,” she said.

Source: Buletin Mutiara

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