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G’Vinton Executive Residences & Suites

Advertorial, George Town/ 23 April 2025 Comments off

G'Vinton Night view - Landscape

Redefining Sophisticated Urban Living on Millionaire’s Row

An extraordinary address awaits. Nestled along the illustrious Jalan Sultan Ahmad Shah, Penang’s famed Millionaire’s Row. G’Vinton Executive Residences & Suites introduces a new era of refined city living. Proudly developed by GSD Land, G’Vinton is a testament to architectural elegance, functional luxury, and an unwavering commitment to excellence in every detail.

An Address of Distinction

Set in the heart of Penang’s most desirable boulevard, G’Vinton places you steps away from elite business hubs, upscale eateries, boutique retail, and premier entertainment. Seamlessly blending prestige and convenience.

G’Vinton Aerial View

Dual Concepts, One Elevated Lifestyle

Crafted for the discerning urban dweller, G’Vinton features two distinctive living concepts designed to match every lifestyle aspiration:

  • Standard Flooring (Levels 11-23A): Sleek, space-efficient layouts ranging from 387 to 775 sq.ft., perfect for professionals and investors who appreciate thoughtful design in a compact form.
  • Executive Flooring (Levels 25-39): Expansive living spaces from 474 to 1,323 sq.ft., ideal for those seeking luxurious comfort with panoramic views and elevated privacy.

Exclusive Facilities & Services

The development also provides premium amenities, including a fitness studio, an infinity leisure pool, and dedicated relaxation areas. Residents will enjoy 24/7 security and concierge services, ensuring safety and convenience at all times.

Be part of Penang’s next iconic address. Whether for your own stay or investment, G’Vinton Executive Residences & Suites offers the ultimate blend of location, luxury, and lifestyle.

🌐 Explore more at https://www.gvinton.com.my/
📞 For exclusive previews and priority unit selection,
contact GSD Land at +6017-7355932 or WhatsApp

Project Name: G’Vinton Executive Residences & Suites
Location: Jalan Sultan Ahmad Shah, Penang
Property Type: Serviced Apartment
Land Tenure: Freehold
Total Units: 336 Units
Built-up Size: 387 sq.ft. – 1,323 sq.ft.
Indicative Price: RM500,000 onwards
Developer: Sunrich Capital Sdn. Bhd. (GSD Land)

Register your interest here

*By submitting this Form, you hereby agree to our PDPA Consent Clause.
(This information may be used by the developer or their appointed agent to initiate follow-up communications with you on the project.)

Penang to redevelop 3 squatter settlements into modern housing

Property News/ 23 April 2025 No comments

kgmanis-redevelopment

The Penang government will redevelop three long-standing squatter settlements in Seberang Perai into modern residential areas, offering improved housing to residents at no cost. This initiative is part of the state’s broader aim to eliminate squatter settlements and raise living standards.

The affected villages—Kampung Manis (nearly 300 homes), Kampung Main Road in Perai (128 homes), and Kampung Ujung Batu in Bagan Dalam (357 homes)—have all agreed to the proposed redevelopment. Kampung Manis, the largest of the three, has existed for over 70 years.

Penang Housing and Environment Committee chairman Datuk Seri Sundarajoo Somu announced the plans during the Penang Housing Board’s (LPNPP) 2024 Excellence Appreciation Ceremony on April 21. He noted that most of the existing homes were built without proper approval and no longer meet modern living standards.

The redevelopment will begin with the construction of relocation homes for current residents. This will be followed by mixed housing developments that include affordable Rumah MutiaraKu units and commercial shop lots. A Request for Proposal (RFP) has been issued, and the project cost is currently being finalised. The state aims to break ground on at least two sites—Kampung Manis (36.7 acres) and Kampung Ujung Batu (15 acres)—within the year.

Sundarajoo also reported that Penang has delivered 166,607 housing units to date, reaching 75.73% of its 2030 target. For the Rent-to-Own (RTO) scheme, 5,096 units have been completed. Additionally, six urban renewal pilot projects are expected to benefit over 6,800 families.

Penang LRT Mutiara Line project on track, says MRT Corp

Property News/ 22 April 2025 No comments

Penang-LRT-illustration

MRT Corp has addressed recent public concerns regarding the progress of the Penang LRT Mutiara Line, reaffirming that the project remains on track and within schedule.

In the past three months, MRT Corp has made key progress, including securing approval for advance works under Section 20A of the Town and Country Planning Act 1976, which was officially obtained on 15 April 2025.

The project has also achieved a major milestone in land acquisition, with access secured for 86 plots and the issuance of the Section 8 Gazette under the Land Acquisition Act 1960. This milestone was reached ahead of the initial target of October 2025.

On the construction front, SRS Consortium Sdn Bhd (SRS), the appointed Civil Main Contractor for Package 1, is currently working to fulfil post-award conditions as stated in their contract. The official Notice to Proceed (NTP) will only be issued once these conditions are met.

Following the NTP, SRS will begin finalising designs and construction drawings for the civil structures. In parallel, utility relocation works must be completed before any station or viaduct construction can commence.

MRT Corp assures the public that the project is progressing steadily and appreciates continued support and understanding as it moves through the initial phases.

Tzu-Chi to build holistic campus in Batu Kawan

tzu-chi-batu-kawan

The Buddhist Tzu-Chi Merits Society Malaysia is set to embark on a transformative journey with the establishment of its own integrated campus in Bandar Cassia, Batu Kawan. Spanning 60.03 acres, this ambitious project aims to bring together education, healthcare, volunteerism, and environmental stewardship under one unified and purpose-driven space.

The groundbreaking ceremony, held recently, was officiated by Penang Chief Minister Chow Kon Yeow and attended by key state leaders including Datuk Seri Sundarajoo Somu, Daniel Gooi Zi Sen, Lim Siew Khim, Bukit Tambun assemblyman Goh Choon Aik, and Penang Development Corporation (PDC) CEO Datuk Aziz Bakar. Also present were Tzu Chi Malaysia CEO Koay Ji-Yuan and Penang Commissioner Datuk Khoo Boo Leong.

In his speech, Chow praised the long-term vision and scale of the project, describing it as a future beacon of holistic development. “Once completed, the Tzu Chi campus will nurture civic consciousness and a compassionate society. It will stand as a symbol of our commitment to building a future that values people, purpose, and progress,” he said.

He added that Batu Kawan, now one of Penang’s fastest-growing regions, is an ideal location for such an institution. Already home to world-class industrial parks, academic institutions, and thriving residential communities, the inclusion of the Tzu Chi campus will further elevate the area’s standing as a hub of sustainable and inclusive development.

“This is more than just a physical project — it’s about investing in values and people. As part of our Penang2030 vision, this initiative highlights the importance of building a society grounded in empathy and meaningful living,” Chow said.

The Chief Minister also acknowledged the strong partnership between the state government and PDC in facilitating the project, particularly in the allocation of land and ongoing support.

Tzu Chi Malaysia CEO Koay Ji-Yuan expressed heartfelt gratitude to the Penang government for its continuous backing. “We are deeply grateful for the opportunity to realise this vision. This campus is not only for us but for the wider community — a place of learning, healing, and unity for generations to come,” he said.

With its unique focus on human development and social responsibility, the Tzu Chi campus promises to be a cornerstone in Penang’s ongoing efforts to foster a compassionate, progressive, and sustainable future.

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RM21 million allocated for Penang housing maintenance in 2025

Property News/ 20 April 2025 No comments

ppp2025

Penang’s housing and environmental development received a significant boost as the Ministry of Housing and Local Government (KPKT) approved RM20.98 million for 57 maintenance projects under the 2025 Housing Maintenance Programme (PPP) and the Malaysian Housing Maintenance Fund (TPPM). The projects, targeting both public and private stratified housing, will be carried out by the Penang State Housing Board (LPNPP), Penang Island City Council (MBPP), and Seberang Perai City Council (MBSP).

The announcement was made by YB Dato’ Seri Sundarajoo A/L Somu, Penang’s State EXCO for Housing and Environment, during a press conference attended by key federal and state representatives.

One major focus is the Taman Tun Sardon Flats in the Northeast District, which consist of 1,260 units built over three phases between 1979 and 1995. For 2025, RM900,000 has been allocated for four maintenance projects at the site, including rewiring corridor lighting, replacing stair and corridor railings, roofing repairs, and resurfacing roads. All contracts have been awarded through proper procurement processes, with works scheduled to begin on April 11, 2025, and complete by July 4, 2025.

In a related milestone, LPNPP has received strata title documents for seven lots from the Penang Land and Mines Office. These cover 27 blocks across Phases 1 and 2 of Taman Tun Sardon, enabling eligible residents who have completed their home purchases to apply for official ownership transfer from the Penang State Government.

Residents are required to appoint their own legal firms to handle the transfer applications to ensure that the process aligns with state land laws.

The combined efforts in infrastructure upgrades and legal ownership transfers aim to enhance the quality of life for residents while ensuring secure, individual property rights in accordance with strata regulations.