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Penang’s first integrated senior living resort scheduled for 2026

Property News/ 21 November 2023 12 comments

eabc-model

Penang is set to have the first integrated senior living resort that will be built in Balik Pulau.

It is scheduled to be fully completed in 2026.

The 32-acre project, known as Eden at Botanica CT (EABC), will feature a nursing care residence and a low-density active living resort comprising villas and condominiums in two tower blocks in Botanica.CT, a thriving township in Balik Pulau on Penang island.

The project is a joint venture between Botanica Hills Sdn Bhd (an associate company of MTT Group of Companies) and Eden-On-The-Park Sdn Bhd.

The EABC groundbreaking ceremony was held at Botanica.CT in Balik Pulau today, and was graced by the presence of Penang Governor Tun Ahmad Fuzi Abdul Razak.

eabc-groundbreakingMTT Group of Companies executive chairman Datuk Seri Kenny Ong said EABC is set to redefine the concept of senior living by seamlessly integrating nursing care residence and active living apartments.

“EABC features active living apartments tailored for the increasing population of self-sufficient seniors who require no assistance in daily activities. Additionally, the facility accommodates individuals who, while largely independent, may benefit from some assistance.

“In addition, our nursing care residence provides a supportive environment for senior citizens who, due to increased needs, are no longer able to maintain independent living.

“By seamlessly blending comfort with dedicated care, this integrated resort offers a thoughtfully designed sanctuary for seniors seeking a peaceful and enriching retirement lifestyle.

“Nestled in the serene enclave of Balik Pulau, the development ensures residents can enjoy the charm of nature while still having convenient access to urban amenities,” Ong said in his speech before participating in the groundbreaking ceremony today.

Also present were Balik Pulau MP Datuk Muhammad Bakhtiar Wan Chik and Eden-On-The-Park Sdn Bhd founder and managing director Victor Fong.

Ong emphasised that EABC was committed to cultivating a comprehensive environment fostering physical, emotional, and social well-being.

“Featuring a diverse range of wellness and recreational facilities along with daily senior-centric activities, residents have the opportunity to actively participate in endeavours that promote an active lifestyle, foster social connections, and encourage personal growth.

“This resort-style community ensures that each day is brimming with purpose and enjoyment,” he added.

It is understood that EABC’s active living apartments provide an exclusive, low-density residential experience, comprising 350 units across Tower A and Tower B.

These residences, ranging from 771 sq ft to 1,449 sq ft, feature diverse one to three-bedroom layouts.

The Care Residence introduces a visionary concept centred on personalised care services for seniors and the broader community.

This distinguished care model integrates the highest Australian Standard Operating Procedures (SOPs), thoughtfully adjusted to align with local nuances.

Source: Buletin Mutiara

UPCOMING: Simpang Ampat / SA Marvel Sdn. Bhd.

Simpang Ampat/ 20 November 2023 No comments

proposed-development-by-sa-marvel

A proposed commercial development by SA Marvel Sdn. Bhd. in Simpang Ampat. Situated strategically along the Federal Route 1 at the intersection of Jalan Perdana. The proposed site is in close proximity to the Northern Lights Private School (NLPS) and the under-construction RITZE Perdana residential scheme, both developed by the same company. Additionally, it is less than 3km from Iconic Point and Bandar Tasek Mutiara (Pearl City).

This development will include a commercial precinct featuring both semi-detached and detached commercial lots.

  • 2-storey semi-detached (22 units)
  • 2-storey detached (2 units)
  • 4-storey detached (1 unit)

The project is currently in the planning stage, and additional details will be provided upon its official launch.

Project Name : (to be confirmed)
Location : Simpang Ampat
Property Type : Commerical
Tenure : Freehold
Land Area: (to be confirmed)
Built-up Area: (to be confirmed)
Total Units : 22 (semi-detached), 3 (detached)
Indicative Price: (to be confirmed)
Developer : SA Marvel 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.

SITE PROGRESS: Maldives Residences (Nov 2023)

Property News/ 19 November 2023 No comments

maldives-residence-site-progress-nov-2023

About Maldives Residences

A residential development by Ideal Property Group at Bayan Lepas. Strategically located along Jalan Sungai Tiram 6, just across the road from Havana Beach Residences. It is conveniently connected to Jalan Tun Dr Awang, less than 2km away from Penang International Airport. This development comprises 46-storey building with 4 residential towers. It features a mix of affordable and upgraded units, with a built-up size of 850sq.ft. onwards.

Find out more about Maldives Residences

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Maya Residensi

Bukit Mertajam/ 17 November 2023 No comments /中文版

maya-residensi

Waking up to the panorama of the whole Bukit Mertajam township, Maya Inti Sdn. Bhd. Offers you exclusivity and security in a low-density luxury serviced suite strategically located off Jalan Song Ban Kheng, adjacent to Casa Residence and Pusat Perniagaan Casa Residensi developed by the Jayamas Property Group. It’s approximately a 10-minute drive from Penang Bridge, Icon City and Auto City.

Maya Residensi serviced suite is thoughtfully designed with love and aspiration for its dual-key unit as well as pet-friendly residences. Jayamas Property Group has the vision to provide luxury living at economical prices by providing Electronic Car (EV) charges on its multi-level car parking bays.

This development comprises a 20-storey serviced suite, featuring 213 units of residential suites with unit sizes ranging from 777 sq.ft. to 1,187 sq.ft.

Property Project : Maya Residensi
Location : Jalan Song Ban Kheng, Bukit Mertajam
Property Type : Serviced apartment
Built-up Area: 777 sq.ft. – 1,187 sq.ft.
Total Units : 213
Land Tenure: Freehold
Indicative Price: RM368,000 onwards
Developer: Maya Inti Sdn. Bhd. (Jayamas Property Group)

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Enovix to open its silicon battery plant in Penang with a RM5.8 billion investment

Property News/ 17 November 2023 No comments

enovix-ybs-partership

Enovix Corporation, an advanced silicon battery company, will establish its first high-volume manufacturing facility in Penang, marking a significant milestone in the company’s global expansion strategy.

The company’s investment plan was disclosed by Prime Minister Datuk Seri Anwar Ibrahim following a one-on-one meeting held on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit here yesterday.

Enovix will invest RM5.8 billion (USD1.2 billion) in Malaysia over a period of 15 years. The amount includes the first manufacturing line costing RM315 million (USD70 million), which will co-partner with YBS International Berhad.

Present at the meeting were Minister of Investment and Trade Tengku Datuk Seri Zafrul Abdul Aziz, Chief Operating Officer of Enovix Ajay Marathe and chief executive of the Malaysian Investment Development Authority (MIDA) Datuk Wira Arham Abdul Rahman.

Zafrul said Enovix’s strategic decision to establish its first high-volume manufacturing facility in Malaysia signified Malaysia’s appeal as a preferred investment destination in Southeast Asia for advanced technology companies.

He said Enovix’s establishment of its hi-tech battery technology facility in Malaysia was in perfect alignment with the New Industrial Master Plan (NIMP) 2030, and promises significant local spillover impact.

This includes the creation of substantial high-quality job opportunities for Malaysians, and the enhancement of the country’s industrial landscape.

“We are pleased by Enovix’s dedication to Malaysia…their presence in our country will act as a catalyst for nurturing mutually advantageous partnerships with local stakeholders, especially in the battery technology industry.

“As Enovix lays down its foundations in Malaysia, we foresee its transformation into a key industry collaborator and contributor to our economic progress and development.

“Enovix’s investment in Malaysia is a testament to the company’s trust in our capabilities and workforce, and fortifies Malaysia’s R&D ecosystem,” he said.

Meanwhile, Marathe said the company’s decision to choose Malaysia for its first high-volume manufacturing facility was an easy one.

“Malaysia’s deep pool of technical talent, business-friendly environment and close proximity to our vendors and our customers’ manufacturing facilities, makes it an ideal location for us to help develop the battery supply chain ecosystem and manufacture and scale our next-generation batteries,” he said.

Enovix is headquartered in the United States with locations in India, Korea and Malaysia.

Enovix’s battery technology application extends to IoT, mobile, computing devices and vehicle.

Enovix Malaysia Sdn. Bhd is currently in the process of machinery installation and is projected to initiate full operations by April next year.

Source: NST Online

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