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SITE PROGRESS: Garden Superlink @ Jesselton Hills (Feb 2022)

Property News/ 17 February 2022 No comments

P3-2

 

About Garden Superlink @ Jesselton Hills

The 3rd Garden Homes Collection offering by Wing Tai Asia in Bukit Mertajam. It is part of the 120-acre Jesselton Hills development, which was first launched in 2011. The residential enclave is strategically located near Jalan Rozhan, with easy accessibility to an abundance of nearby amenities. AEON Mall and SJKC Sin Ya primary school are only five minutes drive away.

(Photos taken in Jan 2022)

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Penang prepares industrial land at SPU for further growth

Property News/ 16 February 2022 9 comments

Aerial view of SPU

Penang will soon have a new industrial park in Kepala Batas (north Seberang Perai district) to cater foreign investors’ interests in the state.

Chief Minister Chow Kon Yeow told Japanese Ambassador to Malaysia Katsuhiko Takahashi that the state has looked into industrial land issue after having attracted various foreign investments last year and the preceeding years.

Takahashi was paying a courtesy call on Chow in the latter’s office in Komtar yesterday.

“The Kepala Batas Industrial Park, which is estimated to be ready by the second half of this year to attract investors, is close to Kulim and it takes about a 20-minute drive from the Penang Bridge.

“This is the urgent measure taken to ensure sufficient land for the factories.

“We hope that Penang can remain the destination of choice for many investors, especially from Japan,  through this initiative.

“We will make further announcement when everything is ready,” he said.

They also discussed various topics, including the state’s tourism, Covid-19 situation, Japanese community, and other related matters.

Takahashi expressed his hopes that the annual Bon Odori festival would take place this year.

“It is an annual event, which will attract tourists to the state.

“We hope that it can be held, at least in a small-scale event, amid the pandemic,” he said.

Chow too hoped the festival would materialise this year, although it would be subject to the situation at that time.

Source: Buletin Mutiara

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Penang Gateway

Bayan Lepas/ 15 February 2022 2 comments /中文版

penang-gateway-main-facade

Penang Gateway, an upcoming mixed-development by Rackson Group at Bayan Lepas. Strategically located just across Jalan Sultan Azlan Shah from Penang International Airport, it is expected to generate RM1.5 billion in gross development value (GDV). A link bridge will connect it to the proposed Light Rail Transit (LRT) station at Penang International Airport and the airport’s future development.

Phase 1 of this development will see the construction of Le Meridien hotel, and work is set to start in the middle of this year. Future development includes serviced suites, office tower, wellness apartments, medical suites, and a wellness centre.

Project Name : Penang Gateway
Location : Bayan Lepas
Property Type : Mixed development
Total Units: (to be confirmed)
Built-up Area: (to be confirmed)
Indicative Price: (to be confirmed)
Developer : Rackson 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.

Canada’s Eclipse sets up 1st Asian base in Batu Kawan

Property News/ 13 February 2022 No comments

eclipse-groundbreaking-ceremony

Canada-based Eclipse Automation Inc is setting up its first Asian manufacturing facility in Batu Kawan, Penang, which is anticipated to create approximately 150 new jobs by 2025.

In a statement on Thursday, the Malaysian Investment Development Authority (Mida) said about 80% of the employees will be from technical and engineering backgrounds.

“The facility is set to serve its major customers across Asia Pacific and other regions and factory construction is expected to commence within the first quarter of 2022 with commercial operations targeted to begin in 2023.”

Mida chief executive officer Datuk Arham Abdul Rahman said the project was timely and significant, as it could contribute to the Malaysian economy in terms of high-income employment amid the Covid-19 pandemic.

“This project further strengthens Malaysia’s position as a strategic destination for global machinery and equipment players. It will also create a multiplier effect within the domestic economy in terms of local supply chain usage and technology transfer,” he added.

Eclipse Automation is a leading supplier of custom automated manufacturing equipment for the life sciences, energy, transportation, consumer electronics and industrial industries.

It has 20 facilities strategically located in the vicinity of Fortune 500 companies and manufacturing centres across Canada, the United States and Central Europe.

The Batu Kawan plant, meanwhile, will span three acres of prime industrial land and have a production area of 55,000 sq ft.

There will also be an office area totalling 27,000 sq ft that will be designed to fully support the compliance needs of the customers within the life sciences sector, as well as serve the high-tech automotive, alternative energy and consumer industries.

The site will also act as a cost-effective and desirable strategic location for continued global growth, in collaboration with Eclipse Automation’s current technology and manufacturing hubs in Canada, the US, Germany, Hungary and Switzerland.

Eclipse Automation chief executive officer Steve Mai said the Malaysian facility will allow the group to extend its reach and bring customers’ expert regional support, service and fulfilment within Asia.

“The site in Penang will provide exceptional, value-added manufacturing options to best support global programmes, including replication line and outsourcing model platforms.

“Our Malaysian facility will also employ a large team of highly-qualified engineers, assemblers and other support teams to enhance our ability to provide solutions with a powerful follow-the-sun (FTS) model of service.”

FTS is a global workflow system where tasks are distributed between work sites within different time zones.

With the Malaysian government’s business-friendly policies, Arham said investors such as Eclipse Automation could leverage on the country’s strategic location, vast network of infrastructure, strong support industries as well as talented workforce to become prominent players within the global value chain.

Source: TheStar.com.my

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AFFORDABLE: Sungai Ara / OIB Properties (K) Sdn. Bhd.

Sungai Ara/ 12 February 2022 No comments

proposed-development-by-oib-properties-sungai-ara

This is yet another affordable housing development proposed within the established township of Sungai Ara. Undertaken by OIB Properties Sdn. Bhd., the project will be located off Changkat Sungai Ara 1. It is just a stone’s throw away from TreeO affordable condominium by Hunza Group, less than 5 minutes drive to SJKC Chong Cheng.

This development will see the construction of a 52-storey building featuring two residential towers with 12 levels of car parking podium. It will offer a total of 973 affordable units and facilities will be located above the podium.

The project is still in the planning stage. More details to be available upon official launch.

READ MORE ABOUT AFFORDABLE HOUSING:

Project Name : (to be confirmed)
Location : Sungai Ara
Property Type : Affordable housing
Tenure: Freehold
Built-up Size: (to be confirmed)
Total Units : 973
Indicative Price : RM300,000 onwards (estimated affordable housing price)
Developer :OIB Properties Sdn. Bhd.

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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.