The federal government, in collaboration with state authorities and private developers, will build one million affordable housing units between 2026 and 2035. Prime Minister Datuk Seri Anwar Ibrahim made the announcement while tabling the 13th Malaysia Plan (13MP) in the Dewan Rakyat.

The large-scale housing initiative aims to improve access to safe, comfortable, and affordable homes for more Malaysians. It will be carried out through various programmes including Residensi MADANI, the Public Servants Housing Scheme, the New Home Construction Assistance Programme, Rumah Bakat MADANI, and the Affordable Housing Scheme.

As of this year, 180,000 homes have been completed, with another 235,000 currently under construction. However, Anwar acknowledged that issues such as the mismatch between housing supply and demand and high property prices continue to hinder access to home ownership.

To address these challenges, the government plans to expand the Housing Credit Guarantee Scheme and the Rent-to-Own (RTO) programme, targeting low- and middle-income groups. Additionally, the use of modern construction technologies like the Industrialised Building System (IBS) and Building Integrated Management will help accelerate construction and lower costs, especially for public housing.

Anwar also pointed to Kota MADANI in Putrajaya — a partnership with Putrajaya Holdings — as a future model for affordable housing. The development is based on the concept of umran hadhari, or urban prosperity grounded in ethics, sustainability, and modern values.

“This approach offers citizens not only a place to live, but a meaningful urban lifestyle that integrates progress with values, modernity with ethics, and technology with humanity,” he said.

The 13MP, which spans 2026 to 2030, is themed Melakar Semula Pembangunan (Redesigning Development). It aims to reform Malaysia’s socio-economic agenda under the MADANI framework, focusing on inclusivity, sustainability, and national resilience.

Paramount Corp Bhd is set to strengthen its presence in Penang with the acquisition of an 18.97-acre freehold parcel in Bandar Cassia from Penang Development Corporation for RM57.841 million. Located near its existing Utropolis Batu Kawan development, the site is poised for a mixed-use project comprising serviced apartments, semi-detached townhouses, and shop offices.

The planned development, expected to begin construction in 2027 and complete by 2033, carries an estimated gross development value (GDV) of RM744 million. This move expands Paramount’s total landbank to 358.9 acres and lifts its remaining GDV to RM5.5 billion.

According to group CEO Jeffrey Chew, the acquisition reaffirms the company’s confidence in the long-term prospects of Penang’s high-growth corridor. Paramount will fund the purchase through a mix of internal funds and bank financing.

The project is anticipated to enhance liveability and stimulate commercial vibrancy, further cementing Paramount’s role in shaping the northern property landscape.

Nexus Industrial Hub is a freehold light industrial development located in Jawi, within the Nibong Tebal area, near Sungai Bakap and the Batu Kawan Industrial Park. Positioned along the southern industrial corridor of Penang, the site benefits from connectivity to the North-South Expressway, as well as access to both the Penang Second Bridge and Penang Bridge.

The development comprises 40 units of two-storey semi-detached light industrial buildings, designed for uses such as warehousing, logistics, manufacturing, and office-industrial operations. Three unit types are offered, with built-up sizes ranging from approximately 4,998 sq.ft. to 8,172 sq.ft. Each unit incorporates production or warehouse space on the ground floor, with office components located on the upper level.

The overall layout places emphasis on operational functionality, featuring wider internal roads, multiple loading access points, high ceilings, and industrial-grade power supply provisions. The project is also situated near established industrial zones and supporting amenities, including commercial and healthcare facilities, reflecting the continued industrial expansion taking place within the southern mainland region of Penang.

Project Name: Tasek Gelugor Xchange
Location : Tasek Gelugor
Property Type : Mixed development
Total Units : 308 (Phase 1 – Commercial)
Built-up Size: 1,182 to 9,272 sq.ft. (Commercial)
Land Tenure : (to be confirmed)
Indicative Price : (to be confirmed)
Developer : Island Landcap Properties Group

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.

In the heart of Bertam’s growing industrial corridor, a new opportunity rises for forward-thinking businesses: Bertam Signature – Light Industrial Park. Strategically located just moments away from major highways, rail, and port facilities, this freehold development sets a new standard for functionality, flexibility, and future-readiness in industrial property.

Designed for Today’s Business Needs

Whether you’re scaling up a production line, establishing a regional warehouse, or setting up a corporate base with showroom visibility, Bertam Signature has you covered. Featuring single-storey semi-detached and bungalow factories, these units offer a flexible 4-in-1 concept that supports diverse uses—from corporate offices and light manufacturing to showrooms and warehousing.

Each unit is crafted with purpose:

• Ceiling height of ±35 ft for efficient vertical storage
• Expandable mezzanine floor for office or display space
• Strong floor loading capacity of ±1 tonnes/m², accommodating heavy machinery or dense storage
• Side roller shutter access (±20ft x ±16ft) for seamless loading and logistics operations
• Built-up sizes ranging from 4,263 to 4,924 sq. ft., with ample car parking

With wide rear land parcels, businesses benefit from generous outdoor space—ideal for logistics maneuvering, storage, or potential future expansion.

Location That Delivers

Connectivity is key for any thriving business. Bertam Signature places you at the nexus of key transport routes:

• ±10km to the North-South Expressway
• ±16km to Butterworth-Kulim Highway
• ±6km to KTM Station Tasek Gelugor
• ±25km to Penang Port
• ±26km to Penang Sentral & Butterworth ETS station

Whether your business depends on road, rail, or sea, this address keeps you closely linked to major supply chains and urban centres.

Future-Proof Your Business at Bertam Signature

As industries evolve and business needs diversify, Bertam Signature provides a foundation that adapts with you. Its modern façade, spacious layout, and future-ready infrastructure (including three-phase 200Amp power) ensure your operations can grow without constraints.

Position your business in a thriving industrial hotspot with the space, design, and location to support your ambitions. Bertam Signature is where flexibility meets functionality, and success finds space to grow.

Contact GSD Land at 1700-818-365 to +60 10-761 0932 learn more about unit availability.

A key handover ceremony was held last Saturday to celebrate the completion and delivery of Phase 1 and 2 homes of the Taman Cassia Cempaka residential development in Bandar Cassia, Batu Kawan. The event, hosted by developer PDC Properties Sdn. Bhd., marked a significant milestone for new homeowners as they embark on a new chapter in a modern and well-planned community.

In his speech during the event, PDC Properties CEO Ir. Ismail Ishak expressed gratitude and pride in the achievement, emphasizing that the handover was more than just a symbolic event—it represented the beginning of a new life in a comfortable and strategically located environment.

Ir. Ismail Ishak,
CEO of PDC Properties

One of the most commendable highlights of the project is its impressive QLASSIC score of 81%, a relatively high mark compared to other residential developments in the region. QLASSIC, or the Quality Assessment System in Construction, is a method developed by the Construction Industry Development Board (CIDB) Malaysia to objectively evaluate the workmanship quality of building projects based on the Construction Industry Standard (CIS 7). A score above 80% is generally regarded as a mark of high construction quality and attention to detail.

Taman Cassia Cempaka, which is planned across four phases, also includes community-centric amenities such as a playground, football field, hall site, and surau, among others. The development had successfully obtained the Certificate of Completion and Compliance (CCC) for both phases without delays, reinforcing PDC Properties’ commitment to timely delivery and high standards.

The project was also awarded the Best Brand Awards 2024, further recognizing its excellence and appeal. Ir. Ismail congratulated all homeowners for choosing a development that not only provides quality living but also fosters a harmonious community.