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Hunza welcomes 2025 with the “Peachful Fortune” Campaign at PICC

Property News/ 3 January 2025 No comments

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Hunza Properties has ushered in the Year of the Snake with its vibrant “ ” , launched at the Penang International Commercial City (PICC). The event marked an auspicious start to 2025, highlighting milestones and unveiling new developments.

The spotlight was on SENZE @ PICC, which debuted six stunning show units. This development comprises 1,680 fully furnished serviced residences across three towers and is complemented by 14 commercial shop lots, blending modern living with business opportunities.

Nestled within the 43-acre Penang International Commercial City (PICC) in Southwest Penang Island, SENZE @ PICC offers unparalleled convenience. Its prime location near the Bayan Lepas Free Industrial Zone and the upcoming Penang LRT station ensures seamless connectivity. Designed to cater to urban lifestyles, the development sets a high standard for accessibility and modern living.

SENZE @ PICC redefines contemporary living with fully furnished, freehold homes featuring practical layouts. Residents can enjoy over 70 resort-style facilities, including a Sky Lounge and Sky Viewing Deck, and benefit from smart home systems for added comfort and efficiency. Located within walking distance of the PICC Shopping Mall, it offers a lifestyle where everything is conveniently close at hand.

As part of the “Peachful Fortunes” campaign, Hunza also offered lucky draw prizes exceeding RM500,000 to new buyers of properties which include all projects at PICC, Alila 2, Mekarsari Unggul, and Seri Embun.

During the celebration, Ms. Khor Tze Ming, Hunza’s Group Executive Director, reaffirmed the company’s commitment to delivering quality homes, whether for personal living or investment. Dato’ Lily Tan, Group CEO of Sales & Marketing, highlighted the importance of partnerships in achieving continued success.

The event, held at the PICC Sales Gallery, featured a vibrant networking session, a guided walkthrough of the experience hall, and the premiere of Hunza’s Chinese New Year video.

Hunza Properties expressed heartfelt gratitude to its business associates and media partners for their unwavering support, paving the way for a prosperous year ahead.

For more information, kindly contact https://wa.link/eroito or visit https://picc-penang.com/

No takers for Penang Turf Club’s 202-acre prime land

Property News/ 3 January 2025 No comments
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Image: The Star

The Penang Turf Club (PTC) has announced that it will explore alternative methods to unlock the value of its properties after a recent open tender exercise failed to yield any qualified bids.

The tender, initiated as part of a mandate from the Club’s ordinary members during an Extraordinary General Meeting (EGM) on June 10, aimed to solicit offers for a range of properties. These included bungalows, a retirement resort, bungalow lots, and hill land surrounding the racetrack. The tender exercise, which closed on December 30, was conducted as part of the proposed dissolution of the Club.

Despite receiving submissions, the Club’s tender committee determined that none of the tenders met the necessary qualifications. In a press release signed by PTC general manager and secretary Leow Khin Ming, the Club confirmed its intention to pursue alternative avenues to realise the value of its properties.

The decision to dissolve the Penang Turf Club was supported by its members during the June EGM. However, the Club’s rules require a second special general meeting to confirm the dissolution resolutions. If confirmed, the dissolution process is expected to take one to two years, allowing ample time for an orderly execution of the plan.

While the tender exercise did not meet its objectives, the Club remains committed to fulfilling its members’ mandate and will continue exploring viable options to maximise the value of its assets.

SITE PROGRESS: Versa (Jan 2025)

Property News/ 2 January 2025 No comments

About Versa

Versa, a condominium project by Aspen Group, is situated in Batu Kawan near Vivo Executive Apartment, Klippa Shopping Centre, and Central Island Park. The development consists of two residential towers with nine commercial units and includes facilities such as a leisure pool, games court, gym, skating rink, BBQ garden, reflexology garden, and a multipurpose hall. Residential units are available in two sizes: 703 sq. ft. (with or without a balcony) and 868 sq. ft. (with a private terrace), with prices starting from RM350,000.

Find out more about Versa

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Top 10 Most Popular Projects in 2024

As we step into 2025, it’s time to reflect on the most sought-after property developments of 2024, based on page views on our website. Affordable housing projects once again dominated the list, showcasing the continued demand for budget-friendly homes in Penang. Interestingly, half of this year’s top projects were already part of the 2023 top 10, reaffirming their sustained popularity among homebuyers.

Leading the pack is The Cube, a standout project that amassed over 91,000 views in 2024—an astonishing figure that’s more than double the page views of the second-place project. Notably, only one project on the list, Iconic Harmony, is located on the mainland. Join us as we reveal the top 10 most popular projects of 2024, showcasing the developments that captured the attention and imagination of property seekers last year.

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The Cube

The Cube, an affordable housing development by Morning Dew Development Sdn. Bhd. at Jelutong. Located on a 2-acre land along Lorong Perak, diagonally opposite Sri Wonder Complex. It is about 10 minutes walking distance to both SJK(C) Sum Sun and SJK(C) Beng Teik. Surrounding highrise residential include 86 Avenue Residences, Sri Wangsa 2, Taman Jelutong Jaya Apartment, ...
Foreshore Apartment

Foreshore Apartment

Foreshore Apartment, a low medium cost housing development by Tanjung Villa Capital Sdn. Bhd. (a subsidiary of Tah Wah Group) in the heart of George Town. Strategically located along Tun Dr. Lim Chong Eu Expressway, next to Foreshore Residence. It's just a short 5-minute drive to Penang Bridge, and a wealth ...
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Mandarin Residence

Mandarin Residence is an affordable housing development by Focal Products Sdn. Bhd. at Farlim in Penang. Located at the intersection of Jalan Teochew Satu and Jalan Thean Teik, next to Hui Aun Apartment. It is only 1km away from Sunshine Central. It's conveniently situated just a stone's throw away from Thean Teik Highway, ...
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Twin Star

Twin Star, an affordable housing development by Acara Prestasi Sdn. Bhd. in Jelutong. Located on approximately 3 acres of land along Lintang Slim, adjacent to Setia Sky Ville by S P Setia which was completed last year. It is just a mere minutes' drive to Heng Ee secondary school, Penang ...
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Iconic Harmony

Iconic Harmony, an affordable housing development at Alma in Bukit Mertajam. Undertaken by Iconic Maison Sdn. Bhd, the development will be located near the junction of Jalan Rozhan and Jalan Alma. It is only about 1km away from AEON Mall, with easy access to an abundance of essential amenities within ...
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Foreshore Residence

Foreshore Residence, a mixed development by Tanjung Villa Development Sdn. Bhd. (a subsidiary of Tah Wah Group) in the heart of George Town. Strategically located along Tun Dr. Lim Chong Eu Expressway, adjacent to Sandilands Condominium. It is only about 5 minutes drive to Penang Bridge, with an abundance of ...
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London Pavilion

London Pavilion, a high-rise residential development by M Summit Premium Sdn. Bhd. (a subsidiary of M Summit Group) in Bayan Lepas. Located along Jalan Permatang Damar Laut, right opposite SMK Bayan Lepas. This development is close to the Bayan Lepas Free Industrial Zone, Penang International Airport, upcoming LRT stations, Silicon Island and Penang Second Bridge. Residents will ...
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Central Residence

Central Residence, yet another residential development at Jelutong by Major Development Sdn. Bhd. Located on approximately 1.2 acres of land along Lorong Madrasah, right opposite Jelutong Palace apartment. It is just a short drive away from Jalan Ahmad Nor / Tun Dr. Lim Chong Eu interchange, about 5 minutes drive to Penang bridge ...
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The Pier

The Pier, yet another mixed development by Asia Green Group within the vicinity of Bayan Mutiara. It is strategically located along Tun Dr. Lim Chong Eu Expressway, a short drive from Penang Bridge's Bayan Lepas bound exit on the Island. Adjacent to The Zen development, this project was formerly known as ...
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Ideal Venice Residency

Ideal Venice Residency, the second phase of PR1MA affordable housing development by Ideal Property Group at Island Glades. Strategically located near the intersection of Jalan Bukit Gambir and Jalan Lembah, next to Ideal Residency. It's just a stone's throw away from University Science Malaysia (USM), about 5 minutes drive to Penang Bridge. This development ...

Penang’s Mutiara Line LRT groundbreaking ceremony set for 11 January

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The long-awaited Mutiara Line Light Rail Transit (LRT) project in Penang is set to officially begin with a groundbreaking ceremony on January 11, 2025. Prime Minister Datuk Seri Anwar Ibrahim will officiate the event, marking a significant milestone in Penang’s public transportation development.

Sungai Pinang state assemblywoman Lim Siew Khim shared updates on the project’s progress in a Facebook post on Monday. She reported that site preparation works are actively underway to ensure readiness for the ceremony. Contractors are working daily from 8 a.m. to 7 p.m. until January 10, 2025, with tasks including area clearing, tent setup, and the installation of temporary infrastructure such as fencing and access roads.

Heavy machinery and transport activities along Lebuh Sungai Pinang and Lebuh Sungai Pinang 1 may cause disruptions in the Bandar Sri Pinang area, including dust, noise, and temporary parking constraints. To facilitate smooth operations, 13 parking spaces on Lebuh Sungai Pinang 1 have been reserved for contractor use.

Acknowledging the potential inconveniences, MRT personnel have apologised to the community and pledged to implement mitigation measures to minimise disruptions. Despite the challenges, the community looks forward to the benefits the LRT project will bring to Penang’s connectivity and growth.

Image source: Facebook