CapitaLand Investment Limited’s (CLI)-owned lodging business unit, The Ascott Limited (Ascott), has officially revamps Sky Residence Prai owned by EXO Management into Citadines Prai Penang, bringing you to the city, and the city to you, as you Connect, Recharge and Go.

Citadines Prai Penang marks the third operational property and first Citadines within Penang for Ascott Malaysia. The renowned Citadines has launched a dynamic range of signature programmes, tailored to create unique guest experiences during their stay at Citadines properties in Penang.

Launched as an extraordinary urban oasis, it has three apartment types, from Studio to Two Bedroom, these 168 Penang serviced apartments are poised to meet your different lifestyle needs in Bukit Mertajam, a home to numerous multinational and local firms within the industrial area.

The serviced residence is surrounded by numerous multinational companies, offices and high tech enterprises. A short walking distance away to Juru Sentral, Icon City, restaurants, and entertainment venues, to cater to residents’ leisure and recreational needs.

It is owned by Exopuri Development Sdn Bhd, which has projects at Juru Sentral that comprise condominiums, small offices/home offices (SoHo) apartment tower and shop offices. Incorporated in 1996 by Ng Kok Leong and another director, the company has developed projects with a total gross development value of RM250 million.

Most of Penang Island’s “real living heritage” – which has by now upholstered to old china, with themed restaurants, walls covered with street art, hidden bars and aseptic cafes for hipsters is also conversely very much alive in Bukit Mertajam.

Among the food options to explore in Bukit Mertajam include Best Cendol, Cup Rice, Duck Egg Char Koay Teow, and famous Yam Rice.

Besides that, visitors can also visit Bukit Mertajam Old Town, Pek Kong Cheng Temple, Malaysia’s Biggest King of Hell Burn, Coffee Factory, St Anne’s Church to House of Tan Sri Wong Pow Nee, and many more.

Citadines, which means ‘city dwellers’ in French, strikes a chord with travellers who seek a quality city-living lifestyle.

As part of the For the Love of Cities theme, Citadines offers travellers the flexibility of serviced residences with the ultimate comforts of a hotel. The refreshed brand is committed to provide guests with the best city living experiences while inspiring them to live, work and play in infinite ways with a sharpened purpose. Guests can still look forward to the reliability coupled with world class hospitality standards of Citadines. Residents and visitors can create lasting memories of their stays, as they immerse themselves in the different personalities of each city where Citadines is present.

Ascott’s country general manager for Malaysia, Mondi Mecja, said “Citadines has proved tremendously popular in the region and the revamp showcases our commitment to providing the highest quality in lodging options across Malaysia. As guests travel, live, and discover with Ascott, we are excited to offer them a versatile range of properties to cater to all their hospitality needs, whether for business or leisure travel, bringing forward a robust experience of world-class services in the hospitality industry”.

Source: NST Online

The 10th PropertyGuru Asia Awards Malaysia in partnership with iProperty is now accepting submissions until 30 June 2023.

THE SEARCH FOR MALAYSIAN REAL ESTATE ACHIEVERS BEGINS ANEW

Malaysia’s leading property portals have jointly launched the 10th Annual PropertyGuru Asia Awards Malaysia in partnership with iProperty—inviting the country’s finest property developers to receive and vie for sought-after hallmarks of excellence in real estate.

Bringing two of the nation’s most respected awards programmes to set a new single benchmark for excellence in Malaysian real estate, the landmark 10th edition of the PropertyGuru Asia Awards Malaysia in partnership with iProperty is now accepting submissions until 30 June 2023 via: asiapropertyawards.com/nominations

Now in its 10th year of celebrating achievements in property development and design, the search for Malaysia’s finest real estate begins anew at an auspicious time as Malaysia’s economy shows impressive growth. The Malaysian economy expanded by 8.7% YoY in 2022—the highest annual growth recorded since the year 2000 (8.9% YoY). The economy is expected to expand by 4.0% to 5.0 % in 2023, supported by firm domestic demand and ongoing improvements in the labour market.

Although demand for homes is likely to be tempered in the first half of 2023 due to rising interest rates, the second half of the year is shaping up to be more promising as the Chinese economy opens, according to the PropertyGuru Malaysia Property Market Report Q1 2023. The relaxation of Covid-19 measures in China is set to boost the economy in the second half of the year through an increase in tourist arrivals and reduced supply chain disruptions.

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “We are thrilled to celebrate the landmark 10th edition of the PropertyGuru Asia Awards Malaysia in partnership with iProperty. Built on two strong brands and guided by Malaysia’s most trusted property advisors, our awards programme leverages our combined expertise and network to further raise the benchmark of property development and design in the country. The Awards also serve as a quality benchmark for buyers looking to invest in Malaysia’s finest real estate.”

The black-tie gala celebration is scheduled to take place at The Majestic Hotel Kuala Lumpur, the official venue of the Awards, on Friday, 24 November 2023.

Key dates for the 2023 edition:

• 30 June 2023 – Entries Close
• 24-26 July 2023 – Live Judging Days
• 17-30 July 2023 – People’s Choice Awards voting period
• 24 November 2023 – Gala Dinner and Awards Ceremony in Kuala Lumpur, Malaysia
• 8 December 2023 – Regional Grand Final Gala Presentation in Bangkok, Thailand

The public are also encouraged to submit their nominations before the deadline of entries on 30 June 2023 here: asiapropertyawards.com/nominations

In addition, the People’s Choice Awards will allow consumers and residents in Malaysia to vote for their preferred and most trusted developers, honouring 10 companies that deliver the Best in Trust, Quality, and Value for Money.

Respected leaders, experts

A distinguished panel of judges, comprising 18 respected leaders and experts in real estate consultancy, architecture, interior design, finance, legal, and related fields, will discuss and deliberate over entries during the Live Judging Days in late July 2023.

Datuk Ar. Ezumi Harzani Ismail, president of the Malaysian Institute of Architects: 2020-2022, has been elected chairperson of the independent panel of judges in 2023. He succeeds Dato’ Sr Lau Wai Seang, president of the Royal Institution of Surveyors Malaysia (RISM): 2017-2018, who remains on the panel, to the chairpersonship.

Datuk Ar. Ezumi Harzani Ismail said: “I am so pleased to lead the independent panel of judges of the Awards in Malaysia as the programme recognises the finest real estate in the country for the 10th year running. Along with the independent panel of judges, I join Malaysia’s consumers in helping reward the achievements of the real estate sector and moving the recovering economy towards progress and prosperity. With this year’s entrants and competitors, we will raise the bar of design and development together in Malaysia.”

HLB, the official supervisor of Awards, will oversee the judging and make sure the process is fair, transparent, and credible. John Ler and Kelvin Chew, international contact partner and managing partner for HLB Ler Lum Chew – HLB Malaysia, respectively, will lead the third-party team of supervisors.

Qualifying as the Best in Asia

Main winners from the PropertyGuru Asia Awards Malaysia in partnership with iProperty will qualify to compete for regional accolades at the 18th PropertyGuru Asia Property Awards Grand Final in Bangkok, Thailand on 8 December.

Malaysia’s finest real estate won several ‘Best in Asia’ honours at the 17th PropertyGuru Asia Property Awards Grand Final 2022. KL Wellness City by KL Wellness City Sdn Bhd was named Best Mixed Use Development (Asia) while Infinity8 Reserve JBCC by Infinity Group won Best Co-Working Space (Asia).

Established in 2005, the PropertyGuru Asia Property Awards continue to reward high-calibre work within the industry, encompassing property development, construction, architecture, interior design, and sustainable building practices. The series initially covered Southeast Asia and has expanded over the years to include the region’s dynamic property markets, including Australia, China, Greater Niseko in Japan, and India.

Organised by PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, the 10th PropertyGuru Asia Awards Malaysia in partnership with iProperty are supported by official portal partners PropertyGuru.com.my and iProperty.com.my; official venue The Majestic Hotel Kuala Lumpur; official magazine Property Report by PropertyGuru; and official supervisor HLB.

For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.

ABOUT PROPERTYGURU ASIA PROPERTY AWARDS

PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair and transparent.

In 2023, the Awards series is open to more than a dozen key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2023.

For more information, please visit AsiaPropertyAwards.com

Penang Retirement Resort is thrilled to announce its grand opening, marking a new era of luxurious retirement living in the heart of Malaysia. Situated amidst the serene landscapes of Penang, the resort offers a comprehensive range of living options to cater to the diverse needs of retirees, including independent living and assisted living, coupled with an array of world-class amenities.

Residents of Penang Retirement Resort have the freedom to choose between fully furnished apartments, where they can enjoy spacious and elegantly designed residences, or assisted living units, which provide additional support and 24-hour nursing care tailored to individual needs. Both options ensure residents can embrace their retirement years with comfort, security, and independence.

The resort boasts a multitude of facilities designed to enhance residents’ well-being and enjoyment of life. From the state-of-the-art physio studio for rehabilitation and wellness to the karaoke room for lively entertainment, residents can indulge in a variety of activities tailored to their interests. Additionally, the fully equipped gymnasium, salon, and spa offer opportunities for relaxation and rejuvenation, while the wellness centre promotes holistic health and vitality.

For those seeking social engagement, the recreation room, equipped with a variety of games, and Horseshoe Bistro offer vibrant spaces where residents can come together to enjoy delightful meals, engage in friendly competition, and forge lasting bonds in a warm and inviting atmosphere. With 24-hour security and concierge services available, residents can rest assured that their needs are met around the clock, ensuring peace of mind and a sense of security in Penang Retirement Resort.

“At Penang Retirement Resort, we are committed to providing retirees with a vibrant and fulfilling lifestyle, supported by unparalleled amenities and personalised care,” said Ms. Ooi, the General Manager. “Our resort is designed to be more than just a place to live; it’s a community where residents can thrive and enjoy every moment of their retirement.”

A new residential development proposed by Kay Pride Sdn. Bhd., a subsidiary of S P Setia, in Jelutong. The development is situated off Lorong Slim, adjacent to Setia Sky Ville, which was completed in 2021. Located only a short drive away from high schools such as Heng Ee Secondary School, Penang Free School, and Han Chiang College.

This project will feature a 43-storey condominium, which will house 268 residential units and 6 levels of car parking podium. The development will also include recreational facilities located on level 1, 8, and the rooftop.

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

Project Name : (to be confirmed)
Location : Jelutong
Property Type : Condominium
Tenure: (to be confirmed)
Land Area: (to be confirmed)
Built-up Size: (to be confirmed)
Total Units : 268
Indicative Price : (to be confirmed)
Developer : Key Pride Sdn. Bhd.

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 government plans to gazette as a “green lung” a piece of illegally reclaimed land in the seaside town of Tanjung Bungah, state executive councillor Zairil Khir Johari said yesterday.

“The illegally reclaimed land does not belong to any private party. It’s state land and the government plans to gazette it as a green lung,” he told FMT after residents complained about the state government’s failure to build a coastal park promised in 2018.

The Tanjung Bungah Residents’ Association (TBRA) had said earlier today that a five-storey wellness centre was being built on the reclaimed land in exchange for the developer bearing the cost of creating the park.

However, Zairil, who is the assemblyman for Tanjung Bungah, said the proposed wellness centre was on privately-owned land. The developer had been required to build a public park before being allowed to proceed with the project, he said.

“Residents get a coastal park and as for the state, we don’t need to spend (money). But the condition imposed is clear and the park has to come first,” he said.

Zairil said no development was taking place on the reclaimed land.

“The developer owns a small piece of land adjacent to the One Tanjong development, which is not part of the reclaimed land. That is a land to which they have rights,” he said.

Last month, TBRA president Zulfikar Abdul Aziz had staged a protest to urge the state government to fulfil its promise to build a public park at Tingkat Laut 1.

He said the chief minister then, Lim Guan Eng, had announced in April 2018 that the state government would build a 9,000 square meter green park, a boardwalk and an open concrete stage there but the promise had remained unfulfilled after five years.

Source: FMT Online