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Ideal Property Group inked MOU with global leader of lithium battery industry

Property News/ 26 July 2023 No comments

Ideal Property Group - Shenzhen Senior Tech

Ideal Property Group, a prominent developer in Penang, is pleased to announce the signing of a Memorandum of Understanding (MOU) with ShenZhen Senior Technology Material Co Ltd , a global leader in the lithium battery separator industry. The MOU solidifies a strategic partnership to develop the Penang Technology Park (PTP)@Bertam, encompassing a vast area of 880 acres of freehold land.

ShenZhen Senior Technology Material Co Ltd, with its headquarters based in ShenZhen, GuangDong province, brings with it a distinguished legacy of 20 years of industry experience and excellence. The company boasts eight production bases and three research centers distributed across the globe, making it a dominant force in the lithium battery separator market.

The top leaders from ShenZhen Senior Technology Material Co Ltd and Senior International Holding (Singapore) Pte Ltd had recently visited the Chief Minister of Penang. During their meeting, the Chief Minister demonstrated great enthusiasm and support for ShenZhen Senior Technology Material Co Ltd’s investment in Penang, recognizing the potential economic impact and job opportunities it would bring to the region.

The decision by ShenZhen Senior Technology Material Co Ltd to invest in PTP@Bertam comes as a heartfelt response to the Chief Minister of Penang’s relentless efforts to attract and foster foreign investments. The Chief Minister’s dedication and commitment to creating a conducive environment for businesses have left a lasting impression on ShenZhen Senior Technology Material Co Ltd, prompting them to choose Penang as their investment destination.

“We are thrilled to join hands with ShenZhen Senior Technology Material Co Ltd for PTP@Bertam project,” said Tan Sri Datuk Alex Ooi Kee Liang, the Executive Chairman of Ideal Property Group. “This collaboration represents a significant milestone for both companies and marks the beginning of a promising venture that will contribute immensely to Penang’s economic growth and prosperity.”

ShenZhen Senior Technology Material Co Ltd plans to initiate the investment in PTP@Bertam in several stages, each phase designed to ensure a steady and successful implementation of their vision for the project. The collaboration aims to leverage ShenZhen Senior Technology Material Co Ltd’s global expertise and Ideal Property Group’s local insights to create a cutting-edge industrial park that will cater to the evolving demands of the lithium battery separator industry and allied sectors. The project will foster job creation, knowledge exchange, and technology transfer, bringing forth a wave of opportunities for the local community.

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SITE PROGRESS: Vivo Executive Apartment (July 2023)

Property News/ 26 July 2023 No comments

vivo-executive-apartment-site-progress-july2023

About Vivo Executive Apartment

A serviced apartment within Aspen Vision City township development at Batu Kawan. It is strategically located next to the upcoming Integrated Shopping Mall, walking distance to the Central Island Park. The units will be built complete with communal co-sharing working space and a social kitchen to support the modern lifestyle of young working adults.

Find out more about Vivo Executive Apartment

Register your interest here. We will keep you updated.

*By submitting this Form, you hereby agree to our PDPA Consent Clause.
(This information may be used by the developer to initiate follow-up communications with you on the project.)

Road projects in Bukit Tambun set to ease traffic congestion

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Several small-scale road projects in Bukit Tambun are scheduled for completion in November this year.

Caretaker Penang Chief Minister Chow Kon Yeow said the RM2.4 million road projects are the latest projects approved by the Economy Ministry recently.

“The projects primarily involve road widening works in Jalan Bukit Tambun and road upgrading works near Bukit Tambun Selatan Toll Plaza.

“The road improvements include road lines repainting along the Jalan Bukit Tambun, Jalan Pathau, Jalan Paboi, Jalan Ipoh-Butterworth, Jalan Transkrian-Bukit Panchor and Jalan Transkrin. Other complementary works will also be undertaken.

“All of these projects are expected to start in August after the state Public Works Department (JKR) has appointed the contractor for these projects.

“Once completed, these projects are expected to ease the traffic congestion in the areas,” Chow told reporters during his working visit near Bukit Tambun Selatan Toll Plaza in Bukit Tambun today.

Also present were caretaker state Tourism and Creative Economy Committee chairman Yeoh Soon Hin and former Bukit Tambun assemblyman Goh Choon Aik.

On another working visit at Bandar Tasek Mutiara in Bukit Tambun, Chow announced that the state government is in the process of acquiring a piece of land between Jalan Tasek Mutiara 10 and Jalan Hijauan Hills 1.

He explained that the acquisition is to build a bypass to connect Jalan Tasek Mutiara 10 and Jalan Hijauan Hills 1.

“This is important to enhance accessibility to the schools in the neighbourhood.

“Previously, parents staying in the neighbourhood have complained that they have to use a longer route via the main road to reach the school, which takes around 30 minutes despite the schools being less than 1km away.

“So, once the land takeover has been completed, JKR will then start the construction work to build the bypass,” he said.

Source: Buletin Mutiara

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Penang residents anticipate commencement of island LRT project

Property News/ 25 July 2023 No comments

Penang-LRT-pic

Penang residents, especially those living on the island, are waiting with bated breath for the commencement of the Light Rail Transit (LRT) project at the end of the year.

A check by Bernama found that the public was excited about the project and confident that the LRT will ease the long-standing traffic congestion in Penang.

Farahlina Zainol, 32, has been waiting for the LRT service to start not only because it will ease the traffic congestion but will help her to save on travelling expenses getting to her workplace in Komtar.

Farahlina, who rides a motorcycle and sometimes drives her car to work daily from Bayan Lepas, near here, said she would always get caught in traffic.

“Going by newspaper reports, the LRT route will be from the Penang International Airport in Bayan Lepas to Komtar, and if this is so, then I will surely use the LRT to get to work as it is convenient.

“When I lived in Kuala Lumpur, I used the LRT to go to work. It helps to avoid traffic jams. Now that I am in Penang, the traffic is so congested… the buses are packed, so the LRT is the solution to the problem,” she told Bernama.

She added that taking the LRT was also safer than riding her motorbike.

College student Neoh Zhe Chung, 22, said the LRT was more convenient than other modes of public transport and would save him time and the hassle of looking for parking spaces.

“I usually use buses or e-hailing services but am encountering problems with these. The bus is usually late (due to traffic jams) whereas the e-hailing rates have shot up. So, the LRT will be the new preferred mode of transport for residents in Penang. I live in Tanjung Tokong and understand that it is one of the LRT routes,” he said.

R. Kallani, 65, who lives in Relau and is a long-time user of the bus services in Penang is looking forward to using the LRT services.

“My younger brother lives in Kuala Lumpur and he goes to work on the LRT. So, when I visit him there, I too use the LRT. We want this here too as the traffic jams here are getting worse,” she said.

Meanwhile, Pung Taw Lim, 53, is thankful that the federal and state governments have approved the LRT project which is also one of the efforts towards a green state.

The LRT in Penang is expected to start earlier after the federal and state governments agreed to build the LRT depot on existing land compared to the previous plan which was to build it on the reclaimed south of Penang islands.

According to initial plans, the first phase of the LRT Line would start at the Penang International Airport and end at Komtar, but now it has been extended to Tanjung Bungah.

Twenty-seven multi-storey stations will be built along the 29km route under the first phase, and for the next phase, the government hopes to extend the project to Butterworth and Kepala Batas.

Prime Minister Datuk Seri Anwar Ibrahim announced that the federal government agreed to allocate more funds in a large scheme to expedite the Penang LRT project to solve the traffic congestion problem.

Source: Bernama

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SENZE@PICC – The Most eye-catching new fully furnished smart residence

Bayan Baru/ 24 July 2023 No comments

senze-picc-img

Welcome to SENZE@PICC, the latest masterpiece of Penang International Commercial City (PICC)! This well-built fully furnished smart residence combines modern technology and resort-style luxury five-star facilities to bring you a new living experience.

SENZE@PICC offers a unique living experience with its array of exceptional features. One standout aspect is its modern smart home system, which enables residents to embrace the convenience and comfort of a smart lifestyle. Additionally, the development boasts resort-style facilities, such as an amazing swimming pool, well-equipped gym, and beautiful gardens, providing residents with a distinct leisure experience. The interior design and furniture are meticulously crafted, ensuring a comfortable and intelligent living space.

SENZE@PICC Key highlights:

  • A visionary masterpiece: Penang International Commercial City (PICC) is the new epicentre for commerce, located at the heart within the Southwest district of Penang, which will usher in a new age of global living.
  • Walking distance: To the brand new PICC Shopping Mall, PICC smart skyscraper office building, PICC Iconic Tower, Medical Centre, and proposed LRT station*.
  • Developed by: Multi-award-winning property developer, Hunza Properties Group.

Why name it as “SENZE@PICC”? It’s inspired by the Human Body Senses:

Enhanced your senses; with an elegant design, impressive facilities, and strategically located, SENZE@PICC offers an immersive sensory living experience that fosters a sense of community and luxury in a modern residential haven.

  • Hear: Listen to many story and be inspired by a vibrant and thriving community.
  • See: Behold the breathtaking sights and panoramic views of Penang’s picturesque nature.
  • Taste: Tickle your tastebuds with all things that make Penang exciting and captivating.
  • Smell: Rejuvenate in the enchanting fragrance of our flourishing and blooming greenery.
  • Touch: Feel the impeccable craftsmanship in your exquisite and modern abode.

Grab the Early Bird Privileges Now* @ https://picc-penang.com/senze/

To enjoy the Limited & Exclusive Early Bird Privileges*, register now at https://wa.link/jvcs2a or call 04-6090688.

*T&C Apply

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