Two long-stalled Rumah MutiaraKu (RMKu) housing projects in Balik Pulau are set for revival, offering long-awaited relief to more than 500 homebuyers affected by years of delay.

The projects, Pangsapuri Sri Bayu and Pangsapuri Quinton, involve a combined total of 625 units and had been abandoned for about seven years after construction was halted due to financial constraints faced by the original developer. Prior to the stoppage, Sri Bayu had reached over 60% completion, while Quinton was more than 80% complete.

Penang Housing and Environment Committee chairman Datuk Seri S. Sundarajoo said the issue was raised by affected buyers with the state government over a year ago and subsequently debated in the state legislative assembly. Following this, Mah Sing Group was appointed as the financier for the recovery effort, while BakerTilly Malaysia was named liquidator to manage and oversee the structured completion of both projects.

The state aims to complete one of the projects by June or July, with the second targeted for completion by the end of the year. However, Sundarajoo noted that rehabilitation work would be challenging, as many internal components had been damaged or stolen during the prolonged abandonment.

The announcement was made following the signing of a formal agreement between Mah Sing Group and BakerTilly Malaysia at Komtar, witnessed by Penang Chief Minister Chow Kon Yeow. The agreement formalises the roles and responsibilities of all parties involved in bringing the projects to completion.

Chow said the state government takes seriously the issue of “sick projects” under the Ministry of Housing and Local Government, particularly those delayed by more than 30% or where the sale and purchase agreement period has lapsed. He noted that both Balik Pulau projects were nearly fully sold, with agreements signed as early as October and November 2017.

Acknowledging the financial strain on buyers—who have had to service housing loans while paying rent for temporary accommodation—the state government, through the Penang State Housing Board and related agencies, has conducted site visits and multiple meetings to develop a viable recovery plan. Ongoing monitoring will continue to ensure compliance with procedures and to safeguard buyers’ rights.

For buyers like civil servant Mohd Danial Rasydan Razak, the revival brings renewed hope. After years of uncertainty and financial burden, he said the news finally offers a clear path toward moving into the first home he purchased, marking a long-awaited turning point for affected families.

MARC Residence & Serviced Apartment is a completed project located along the main road of Jalan Song Ban Kheng, Bukit Mertajam, offering a combination of serviced apartment and condominium units. MARC designed with a modern residential concept, the project focuses on practical layouts, efficient space planning and everyday live ability. With its completed status, MARC allows buyers to view the actual units and move in immediately, making it a suitable option for both own stay or investment purpose.

The dual-key concept of MARC is one of its most significant features, as it offers homeowners additional flexibility. This arrangement is ideal for owners who wish to separate living spaces for rental income, as well as for multi generational families seeking independent living within the same apartment. In order to accommodate varying lifestyle and space needs, the condominium units are offered in greater built-up sizes of roughly 1,120 sq.ft and 1,330 sq.ft, while the serviced apartment units offer a built-up area of roughly 1,070 sq.ft. For comfortable everyday living, the condominium well-defined living, dining, and private spaces are complemented by adequate natural lighting and ventilation.

Strategically located along the main road of Jalan Song Ban Kheng, MARC enjoys convenient access to surrounding amenities, a wide variety of food outlets, commercial centers, educational institutions, and essential services within Bukit Mertajam. The development is well-connected to major road networks, allowing for efficient daily commuting and easy travel to nearby areas. Its location within an established neighborhood further enhances the practicality of the project for long-term living.

As a completed development with limited remaining units, MARC offers buyers the advantage of immediate occupancy in a fully established environment. Residents can enjoy a range of lifestyle facilities including a infinity pool, gym room, BBQ area, children’s playroom, playground and meeting room. It creating spaces for relaxation, recreation and social interaction. Combined with flexible unit layouts, a strategic location and completed status, MARC presents an appealing choice for homeowners and investors seeking a balanced and comfortable lifestyle

MARC is hosting a Chinese New Year family-themed event this festive season. Buy now, don’t wait — enjoy exclusive festive packages and angpow worth up to RM28,888, available for a limited time. Showroom units will be open for viewing, with family-friendly activities including lion dance workshops, handcraft activities, complimentary coffee, free eye check-ups, and selected car test drives.

EVENT DETAILS:

Date: 7–8 February 2026
Time: 9:00am – 6:00pm

Location : MARC Residence, Jalan Song Ban Kheng, Bukit Mertajam

A newly proposed mixed-use development is planned on a 2.77-acre site along Jalan Bagan Lalang, located in close proximity to the Butterworth Outer Ring Road. The site is situated less than five minutes’ drive from the North–South Expressway, within a 2km radius of Chung Ling Butterworth High School.

The proposal involves the construction of a 14-storey building comprising both residential and commercial components. It will feature 149 residential units, four levels of podium car parking, and 15 shop-office units located at the lower three levels. A dedicated facilities floor is planned at Level 5.

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

Project Name : (to be confirmed)
Location : Butterworth
Property Type : Mixed development
Tenure: (to be confirmed)
Land Area: 2.77 acres
Built-up Size: (to be confirmed)
Total Units : 149 (residential), 15 (shop office)
Indicative Price : (to be confirmed)
Developer : (Follow us to find out more)

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.

The Penang Development Corporation (PDC) has officially issued a Request for Proposal (RFP) for Linear Waterfront development involving land reclamation and land development along the Penang Island southern coastline, marking one of the most significant coastal development initiatives in recent years

The proposed development corridor stretches from the Queensbay Roundabout (Bulatan Harapan) to the Jambatan Sultan Abdul Halim Muadzam Shah (Second Penang Bridge), covering a strategically located waterfront zone adjacent to Bayan Lepas and Bayan Baru. According to the tender notice dated 15 January 2026, the project is open to local, international companies or consortiums.

The RFP encompasses both land reclamation works and subsequent land development, with a departmental indicative price of RM2.56 billion. PDC emphasised that this figure is an estimate and is not binding, nor does it guarantee project award or completion based on the stated amount.

While the RFP does not spell out specific development components, the scale and location of the project suggest long-term implications for Penang’s coastal urban form, connectivity, and economic positioning. The initiative is expected to attract strong interest from developers with experience in large-scale reclamation, mixed-use waterfront planning, and infrastructure-led developments.

According to information shared during Penang Week @ World Expo Osaka 2025, the development is estimated to have a gross development value (GDV) of RM9.8 billion. It is envisioned as a mixed-use waterfront district featuring a GBS business district, waterfront commercial spaces, serviced apartments, business hotels, lifestyle malls, marine-related activities and a transportation hub. A continuous waterfront promenade, incorporating pedestrian walkways and dedicated bicycle paths, is planned as a key public-facing element of the proposal.

Interested parties may purchase the tender documents from 15 January 2026 until 22 April 2026, at a non-refundable fee of RM5,000, with submissions due by 23 April 2026 at 12.00 noon at PDC’s Procurement Division in Bayan Lepas.

Further details and technical specifications are available directly from PDC through the official tender documentation.

Taman Harmoni Indah is a landed housing development by Loyal Greenworld Sdn Bhd in Nibong Tebal. The project is planned on an 8.9-acre site near Jalan Bukit Panchor, located adjacent to Kolej Vokasional Nibong Tebal. The site sits approximately 5 km from the North–South Highway Jawi Toll Plaza and is a short drive from Universiti Sains Malaysia (USM) Engineering Campus. Daily necessities and public services are available within Nibong Tebal town centre, which is also only a few minutes away by car.

The development comprises 114 units of 2-storey terrace houses, with typical built-up areas of about 1,600 sq ft. Individual land sizes range from approximately 1,200 sq ft to 5,521 sq ft. In addition to residential units, the plan also includes a single-storey community hall. Indicative pricing for the new homes start from RM488,700 onwards.

Project Name : Taman Harmoni Indah
Location : Nibong Tebal
Property Type : Residential
Tenure: Freehold
Built-up Size: 1,600 sq.ft.
Total Units: 114
Indicative Price : RM488,700 onwards
Developer : Loyal Greenworld Sdn Bhd