Artist impression

Titijaya Land Bhd and Penang Development Corp (PDC) have signed a memorandum of understanding (MoU) for the development of a RM9.9 billion Medi-Tech City occupying a 230-acre land in Batu Kawan, Penang.

This project is expected to complete in 10 years.

Medi-Tech City is earmarked to be an integrated, sustainable and hi-technology medical city and business hub in Penang which is already occupied by more than 300 multinational companies. It will be a development with compliance to the responsible business alliance and environmental, social and corporate governance.

Upon its completion, Medi-Tech City will serve as a medical hub providing eco-tourism and global business services with facilities including hospital, medical campus, medical supply hub, corporate suites, rehabilitation centre, retirement village, hotel, wellness centre, sports centre, electrical and electronics sectors, logistics and distribution hub.

Titijaya also has a 20-acre built-to-suit development in Penang situated at Bayan Lepas with close proximity to Penang International Airport and Sultan Abdul Halim Muadzam Shah Bridge, providing value added logistical support to the project which is aimed to capture the demand from various sectors in the vicinity of Bayan Lepas.

“Titijaya is honoured to work with PDC and we are proud to be entrusted to jointly develop this land. We anticipate this project, with its future international investors, will continue to support PDC’s vision to achieve international city status for Penang,” said Titijaya group managing director Lim Poh Yit in a statement today.

PDC CEO Aziz Bakar said the signing of the MoU is in line with PDC’s role in working alongside with private organisations in realising its vision to make Penang a conducive state for sustainable socio-economic developments as well as attracting more international investors to Penang.

“We are confident that PDC’s venture with Titijaya to develop Medi-Tech City with their experience in working with international investors and successful projects will ensure that this project will benefit Penang’s overall development,” said Aziz.

Source: TheSunDaily.my

Lucerne Residences, yet another project in Ideal Vision Park by Ideal Property Group in Bayan Lepas, Penang. Strategically located along Jalan Tun Dr. Awang, adjacent to The Amarene condominium. It is just a short drive to Penang International Airport, 10 minuets walking distance to Straits International School. That completes the IVP development which also includes Tree Sparina and Summerskye.

This upcoming development will see two blocks of 36-storey condominium featuring a European living concept. It will offer 480 residential units with a 5-storey parking podium. The standard unit will have a built-up size from 1,100 sq.ft., with an indicative selling price of RM663,000 onwards. There will also be 87 units of shop offices.

Project Name : Lucerne Residences (formerly known as Mori Condominium)
Location : Ideal Vision Park, Bayan Lepas, Penang
Property Type : Mixed Development
Total Units: 480 (condo), 103 (shop office)
Built-up Size: 1,100 sq.ft. onwards
No. of Storey: 36
Land Tenure : Freehold
Indicative Price: RM663,900 onwards
Developer : Ideal Property

SITE PROGRESS

SITE PROGRESS: Lucerne Residences (July 2025)

SITE PROGRESS: Lucerne Residences (Apr 2025)

SITE PROGRESS: Lucerne Residences (Jan 2025)

SITE PROGRESS: Lucerne Residences (Oct 2024)

SITE PROGRESS: Lucerne Residences (July 2024)

SITE PROGRESS: Lucerne Residences (Apr 2024)

SITE PROGRESS: Lucerne Residences (Jan 2024)

SITE PROGRESS: Lucerne Residences (Oct 2023)

SITE PROGRESS: Lucerne Residences (July 2023)

SITE PROGRESS: Lucerne Residences (Apr 2023)

 
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 GEM Residences

GEM Residences, a commercial development by Belleview Group at Prai, Penang. It is part of the company’s 6 hectares mixed development along Jalan Baru, diagonally opposite Megamall Penang. Next to it will be the upcoming largest mall in the northern region – GEM Mall, the tenant mix include SOGO (first and largest departmental store in the northen region at 212,000 sq.ft.) and a supermarket (largest at 50,000 sq.ft.).

Find out more about GEM Residences

OSK Property is launching a new development at Harbour Place – Rubica, a serviced suite apartment at Jalan Assumption near the famous Jalan Chain Ferry and Jalan Raja Uda. Soaring at 34-level high, the apartment is just a stone’s throw away from Luminari, Butterworth’s most iconic masterpiece, which is awarded with the Best Northern Star under High Rise category by The Star and gained a QLASSIC Score of 80% in year 2019.

Rubica is developed in a matured neighbourhood of the Butterworth city centre, surrounded by amenities such as eateries, wet market, hypermarkets, mall, schools, colleges, hotels, banks, clinics, hospitals and more. For easy accessibility, Rubica is located just 1.5km away from Penang Sentral, where residents can take the ferry to Penang Island or the Electric Train Service (ETS) to travel to other states. For instance, ETS plays a very important role for Penangites as a great solution to travel to Kuala Lumpur as an alternative to air travel in just 4 hours (approx.) from Butterworth to KL Sentral. Residents will also get to enjoy an unobstructed panoramic sea view of the iconic Penang Bridge and Penang Port from Rubica, depending on the direction of units.

This development will see the construction of a 34-storey building comprising of 230 serviced suite units with five (5) types of unit layout, along with the facilities podium located on the 11th floor. Rubica is also one of the few low-density apartments available in Butterworth in the recent years. The apartment is targeted towards the working professionals and newlyweds who are looking for their first home that comes with full facilities at the central of Butterworth city.

The project is currently in its planning stage and expected to be launched in Q2 2022. More details will be shared upon official launch. The registration for Rubica is now open and those who had registered will be entitled to join the unit selection programme in April 2022. If you are looking for a low-density serviced apartment in the central of Butterworth city, do not miss this opportunity to register yourself with OSK Property on Rubica’s official website at www.rubica.com.my 

*Terms and conditions apply.

The Bukit Kukus bypass road here that was the site of a fatal landslide in 2018 was finally opened to traffic today.

Part of the 3.8km Paya Terubong Paired Road project, it promises to cut down travel time between Air Itam and Relau from the current 20 to 30 minutes to just five to 10 minutes.

The RM378.2 million project is the most expensive and largest infrastructure project by the Penang Island City Council (MBPP).

MBPP secretary Rajendran Anthony said a renowned engineering firm had given its assurance that the roads and the hillslopes are safe.

Penang chief minister Chow Kon Yeow said the road project marked another promise fulfilled by the state government to ease traffic congestion in the state.

He said the present route was mooted in the 1980s but was never carried out by state governments before Pakatan Harapan (PH) due to a lack of funding.

Chow said the bypass road was sorely needed as high-density development projects had mushroomed in tandem with population growth.

He said the remainder of the project, a 2.2km-stretch, will be completed by two private developers PLB Land Sdn Bhd and Geo Valley Sdn Bhd.

The roads are separate from the bypass but will link the developers’ housing projects to the road.

As of today, the developers’ road-building progress is at about 15% to 20%, one of which is on hold due to a planning permission dispute.

In 2018, nine construction workers were killed in a landslide triggered by a 10-hour rainfall and failure by the contractors to provide adequate drainage.

Contractor Yuta Maju Sdn Bhd later paid RM65,000 in court-imposed fines after pleading guilty to two counts of occupational safety violations and another offence of failing to strengthen temporary slopes on the site.

Source: FreeMalaysiaToday.com