Heng Huat Resources Group Bhd has announced that its subsidiary, HH Land and Development Sdn Bhd, has purchased six land parcels worth RM6.32 million in cash. According to a disclosure made to Bursa Malaysia, the acquisitions will be financed through internally generated funds. Heng Huat’s decision to acquire these assets is part of the company’s effort to diversify into property development.

The acquisitions consisted of five land plots situated in Penang, with a total area of 8,994 sqm, which were bought from Ch’ng Chen Mong. The remaining 2.41ha land parcel in Perak was acquired from MG Furniture Sdn Bhd, a Heng Huat subsidiary in which the group owns a 51% stake. Ch’ng and his family own CFamillie Holdings Sdn Bhd, which has a 49% equity stake in MG Furniture and a 20.17% interest in Heng Huat.

Heng Huat’s move to purchase these land parcels is seen as a significant step towards the company’s goal of venturing into the property development sector. The acquisition is expected to expand the firm’s presence in the industry and lead to the growth of its business. The future looks bright for Heng Huat, and this development may be a precursor to greater things.

Artist’s impression

Yet another proposed affordable housing development by LPNPP in Butterworth. Located along Jalan Permatang Pauh, within the vicinity of Ampang Jajar. It is just a stone’s throw away from the newly completed Butterworth Arena, only a few minutes’ walking distance to Ampang Jajar Cycling Park.

This development entails the building of several blocks of low to medium-cost apartments and affordable housing with multi-storey car park. The project aims to provide 2,600 units of affordable homes, which will be sold within the price range of RM72,500 to RM225,000. Alongside the housing units, there will be a hawker centre and 2-storey shop offices.

The project is still in its planning stage and more details will be available upon official launch.

READ MORE ABOUT AFFORDABLE HOUSING:

• Full list of affordable housing in Penang
• Eligibility and the requirement of buying affordable housing

Project Name : (to be confirmed)
Location : Butterworth
Property Type : Affordable housing
Tenure: (to be confirmed)
Land Area: (to be confirmed)
Built-up Size: (to be confirmed)
Total Units : 2,600
Indicative Price : RM72,500 – RM225,000
Developer : LPNPP (Penang Housing Board)

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.

About Anggun Residences

Anggun Residences located beside Design Village Outlet Mall in Batu Kawan is the flagship residential project undertaken by PE Development (Penang) Sdn Bhd, a subsidiary of PANSAR Berhad in West Malaysia.

Designed as a condotel concept, these 496 units of spacious 3-bedroom apartments comes with maximised functional spaces that is column-free and beam-free. Corner units feature a very unique layout of having a master bedroom on one side and a junior master on the other side. The master bedroom even comes with a balcony facing the linear park.

Find out more about Anggun Residences

Located at the heart of a growing garden township on Penang Island, Eden at Botanica CT (EABC) is the first integrated senior living resort in Penang featuring a purpose-built Active Living Resort that provides accommodation and services to active seniors who are seeking independent living and a full-fledged nursing Care Residence that provides professional licensed nursing care for those who require constant care.

EABC is located at Botanica CT, near the town centre of Balik Pulau, which is at the south-west of Penang Island and located 17 km away from the Penang International Airport. The 300-acre garden township of Botanica CT currently features terrace homes, bungalows, apartments, a commercial zone, and the award-winning Prince of Wales International School. In the near future, the Botanica CT Centre, a Wetland Park, a Medical Centre and a Health & Spa Report as well as the EABC will be completed, making Botanica CT a self-sustainable township with facilities that are attractive to senior citizens.

EABC contains active living apartments for the growing population of senior seniors who are independent and do not need any assistance in day-to-day living as well as those who are still largely independent but need some assistance. It is designed to provide secure and safe living surroundings supported by state-of-the-art features and services tailored to the residents, all in a sustainable and serene environment.

The active living apartments will offer flexible services and facilities that support senior citizens in their day-to-day living. These services include emergency response call system, personal medical record keeping, on-site carers for immediate care support as well as non-care services such as housekeeping, laundry, transportation. These services will be complemented by a range of recreational facilities in the resort including indoor and outdoor amenities. Social activities will be organised to give the residents an opportunity to get to know each other and form communities with like-minded senior citizens.

The active living apartments come in various sizes to suit the needs of individuals, ranging from 1 bedroom at the size of 740 square feet, 1+1 bedrooms at the size of 880 square feet, 2 bedrooms at the size of 970 square feet to 3 bedrooms at the size of 1,100 square feet. All units offer spacious layout with aged-friendly features to suit the growing needs of seniors without compromising the comfort, safety and privacy of living in their own home. Residents may choose from a range of furniture packages that will enable them to move in hassle free.

The nursing Care Residence caters for senior citizens who are no longer able to live independently. Tried and tested proprietary nursing care systems will be implemented to dispense appropriate care, support and medication to the residents. The categories of nursing care encompass long and short-term residential care, including those with medical conditions. The nursing Care Residence will be one of the few care homes in Malaysia that will be licensed by the Ministry of Health and the Department of Social Welfare under the Ministry of Development of Women, Family and Community.

EABC nursing care team comprises licensed nurses and professional care givers trained in a unique elder care giver training academy operated by the in-house team. This training academy provides an 18-month training programme which has been recognised by the Ministry of Human Resources. In the academy, trainees will undergo a rigorous training syllabus that focuses on care for the elders, covering both physiological and emotional aspects of care.

Eden at Botanica CT is a joint venture between Botanica Hills Sdn Bhd (an associate company of MTT Group of Companies) and Eden-On-The-Park, Kuching.

Visit the new Sales Gallery and Show Unit from Monday to Sunday from 10 am to 6 pm at No. 32 & 32A, Jalan Sungai Air Putih, Bandar Baru Air Putih, 11000 Balik Pulau, Penang.

For directions to EABC Sales Gallery, please click on the link below:
Waze: http://www.bit.ly/EABCPenang

For more information, please follow EABC on Facebook at www.Facebook/edenatbotanicact/ or visit www.edenatbotanicact.com.my

Alternatively, you can call 017-311 2699 from Monday to Sunday from 9 am to 6 pm.

SITE PROGRESS

Eden at Botanica CT – Site progress (May 2025)

In a filing with Bursa Malaysia, Fajarbaru Builder Group Bhd announced that it has secured a RM125.3mil construction contract from Penang Development Corporation (PDC). The project involves the construction of three blocks of affordable apartments as part of the Phase Four development of a mixed project comprising twenty-five phases.

Fajarbaru’s subsidiary, Fajarbaru Builder Sdn Bhd, has accepted the letter of award from PDC. The development will include one block of 12-storey affordable apartments, one block of 14-storey affordable apartment Type A, one block of 19-storey affordable apartment Type B, five units of shop lots, and one block of two-storey car and motorcycle parking.

The 36-month project is set to commence on June 15, 2023, and end on June 14, 2026. Fajarbaru Builder Group anticipates that the project will contribute positively to the group’s earnings and net assets from the financial year ending June 30, 2024, onwards. Tan Sri Chan Kong Choy, the executive chairman of Fajarbaru Builder Group, expressed his pleasure at being awarded the contract, stating that it is a testament to the group’s track record and quality of project delivery.

The project is expected to provide earnings visibility for around three years and complement the group’s other ongoing construction projects. Fajarbaru Builder Group has an extensive history in the construction industry, having completed various projects across Malaysia. The company’s expertise in the sector is set to be further enhanced by the new development, and the group aims to secure more high-value projects in the future to expand its operations.