PR1MA, the affordable housing agency under the Ministry of Housing and Local Government (KPKT), has successfully completed Ideal Residency (Residensi Bukit Gelugor) ahead of its original timeline. Initially projected for completion in August 2025, the project, consisting of 1,218 units, is now fully completed, marking a significant milestone as PR1MA’s largest development in Penang.

In a key handover ceremony held yesterday, 20 proud homeowners were presented with their keys by YB Tuan Nga Kor Ming, Minister of Housing and Local Government. The Ideal Residency project, a collaboration between PR1MA and Ideal Capital Venture Sdn Bhd, has a Gross Development Value (GDV) of over RM365 million. The project received its Certificate of Completion and Compliance (CCC) on August 22, 2024.

As of September 30, 2024, 1,198 units have been sold, with each unit priced affordably at RM300,000. These units, measuring 850 square feet, offer modern living spaces, including three bedrooms, two bathrooms, and a balcony. Additionally, each unit is equipped with fiber optic technology, ensuring residents have access to high-speed internet.

Ideal Residency offers not only comfortable homes but also a range of amenities, such as swimming pools, indoor and outdoor gyms, a badminton court, and a community hall, making it an ideal living environment for Penang residents. Its strategic location and affordability have attracted significant interest, further solidifying the project’s success.

The event was attended by several prominent figures, including YB Dato’ Seri Sundarajoo A/L Somu, Penang State Housing and Environment Exco, YBhg. Datuk Wira M Noor Azman bin Taib, KPKT Secretary-General, and key officials from PR1MA and Ideal Property Group.

About Sactuary Suria

The 6th phase of residential development at Permatang Sanctuary by IJM in Alma, Bukit Mertajam. Located along Lorong Santuari 25 & 27, adjacent to Sanctuary Court. It is only a short drive to an abundance of amenities namely AEON Mall, Lutos’s Hypermarket, eateries, schools and banks. This development features 20 units of 2-storey semi-detached houses, with two different built-up sizes to choose from.

*Photo taken Sept 2024

Find out more about Sanctuary Suria

STARK Tower is a 34-storey building featuring 624 luxurious suites and 24 commercial units, the development looks set to be the latest landmark for The Light Waterfront Penang in Gelugor.

Situated on a 2.3 acres (0.93ha) site alongside Lin Xiang Xiong Art Gallery, the freehold project by Stark Development Sdn Bhd will have a comprehensive range of exclusive services.

The groundbreaking development, with a built-up area of between 425sq ft and 640sq ft, will seamlessly integrate cutting-edge artificial intelligence (AI) technologies with forward-thinking green practices that redefine coastal living for the 21st century.

Among the exclusive services include the Stark Lounge, Stark Yacht on the Sea, Stark Waterfront Retail, Stark Green Commercial Car Park, Stark Super 3D LED, Stark X- Perience Club, Stark Suites and Stark in the Sky.

Stark Lounge, providing exceptional customer care, concierge, and housekeeping services.

Stark Yacht on the Sea, offering breathtaking sightseeing yacht trips and exclusive yacht parties.

Stark Waterfront Retail, a premier retail space featuring dining and pet care services, including a Michelin-recognized Nyonya restaurant, Chinese dim sum, Thai cuisine, halal food, and other international and local favorites.

Stark Green Commercial Car Park, featuring advanced Electric Vehicle (EV) charging stations and a green facade promoting sustainability. Stark Super 3D LED, a large immersive screen that serves both entertainment and commercial purposes.

The project features suites with a built-up area of between 425sq ft and 640sq ft.

Stark X-Perience Club features amenities such as sky martial arts, indoor spinning, a fully equipped gym, a Pilates studio, meeting rooms, a golf simulator and a convenient launderette.

As for the Stark in the Sky, offers a luxurious experience with features such as a jacuzzi, infinity sky pool, “helipad” (for event purposes only), Chinese fine dining, premium indoor Chinese BBQ restaurant, Japanese yakiniku (grilled meat cuisine), Japanese omakase, the first champagne bar and whiskey jazz bar in Malaysia.

The project developer – Stark Development – is backed by a team of seasoned professionals with a wealth of experience and expertise. For more information about the project, kindly contact Zeon Properties Sdn Bhd Corporate Communications assistant general manager Cheryl Loo at 013-443 8888 or e-mail cherylloo@zeon.com.my

About Stark Development

Stark Development is a forward-thinking real estate company focused on sustainability, innovation, and smart technologies. Their mission is to create transformative spaces that leave a lasting impact. The company’s tagline, “Crafting Green, Smart Futures,” reflects its commitment to eco-friendly practices and energy-efficient solutions. By incorporating artificial intelligence, Stark Development aims to optimize resource usage and create intelligent environments tailored to the needs of its occupants.

The company is also committed to Environmental, Social, and Governance (ESG) principles, emphasizing social equity, community engagement, and ethical practices. Their projects aim to benefit both clients and surrounding communities, reinforcing Stark Development’s dedication to leaving a positive and enduring legacy.

Penang is optimistic that two major infrastructure projects—the Juru-Sungai Dua elevated highway and Penang Silicon Design @5km+—will be included in the upcoming Budget 2025. Chief Minister Chow Kon Yeow emphasized that these initiatives are vital to the state’s development and are under serious consideration by the Federal Government.

Following discussions with national leaders, including Prime Minister Datuk Seri Anwar Ibrahim, Finance Minister II Datuk Seri Amir Hamzah Azizan, MITI Minister Tengku Datuk Seri Zafrul Abdul Aziz, and Digital Minister Gobind Singh, Chow shared that multiple options for the projects are being reviewed, each with different cost implications.

The RM1.8 billion Juru-Sungai Dua elevated highway project is crucial to improving traffic flow in Penang, and the state hopes it will receive federal backing. Chow stressed that the selected option should balance cost-effectiveness and functionality, rather than focusing solely on the cheapest alternative.

On the Penang Silicon Design @5km+ front, Penang has requested a RM60 million matching grant from the Federal Government to support the RM120 million initiative aimed at enhancing the state’s integrated circuit (IC) design capabilities. Chow noted that this project, discussed with Tengku Zafrul and Gobind Singh during their recent visits, could significantly boost Penang’s standing in the global semiconductor industry.

Penang awaits the Federal Government’s decision as Budget 2025 approaches.

The Penang government, through PLANMalaysia@Penang (Penang Town and Country Planning Department), has launched a new monitoring system application called the Electronic Monitoring Structure Plan (eMOSPlan).

Chief Minister Chow Kon Yeow announced that the app, developed by PLANMalaysia@Penang, is designed to closely monitor the implementation of the Penang Structure Plan 2030 (RSNPP2030).

“Through eMOSPlan, the policies, projects, and programmes outlined in the RSNPP2030 can be tracked for their implementation and effectiveness,” he said.

“This app will also involve all relevant state agencies that are directly involved as implementing agencies.

“Thus, through this application, we can detect any irrelevant policies, projects and programmes that need to be amended in the RSNPP2030 review process.

“The performance level of each implementing state agency can also be seen through this app. With this, we can ensure that we can give the best services to the people of Penang,” Chow said in his speech before launching the application at Butterworth Arena, in conjunction with the state-level Town Planning Day today.

Also present were Penang Local Government, Town and Country Planning Committee chairman Jason H’ng Mooi Lye, PLANMalaysia@Penang director Rozita Hamit, Penang Island City Council (MBPP) mayor Datuk A. Rajendran and Seberang Perai City Council (MBSP) mayor Datuk Baderul Amin Abdul Hamid.

Speaking about the state-level Town Planning Day programme, Chow also took the opportunity to acknowledge the crucial role town planners have played in Penang’s development.

He noted that the state-level Town Planning Day is a platform to celebrate their expertise and contributions as they continue to be the driving force behind the state’s push for a sustainable and prosperous future.

Source: Buletin Mutiara