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Equalbase breaks ground on RM220mil Valdor II warehouse in Penang

Property News/ 29 September 2024 No comments

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Equalbase Development Pte Ltd, a Singapore-based developer specializing in industrial assets, marked the groundbreaking ceremony for Valdor II, a RM220 million multi-storey warehouse project in Penang, on Thursday. The warehouse, with a gross floor area of 620,000 sq ft, is expected to be completed in 2025. Logistics company DSV has been confirmed as the anchor tenant.

Equalbase CEO Nicholas Bischoff expressed excitement about expanding the company’s presence in Penang with this project. “Valdor II is a significant step towards our goal of becoming the leading provider of carbon-neutral industrial assets in the region. We are thrilled to collaborate with DSV, who shares our vision of sustainability,” Bischoff said.

Chin Pee Ching, Managing Director of DSV Solutions Malaysia, highlighted that Valdor II will enhance the company’s operational capacity while meeting the changing needs of customers. “In today’s fast-paced world, adaptability, efficiency, and environmental responsibility are critical. This warehouse will not only improve our ability to serve diverse industries but also help us contribute positively to the environment,” Chin said.

Valdor II is designed with sustainability at its core, incorporating low-carbon construction materials and energy-efficient technologies. It aims to achieve both LEED Gold and GBI Gold certifications. Located strategically, it will offer easy access to other key industrial zones, such as Batu Kawan and Bayan Lepas, further strengthening Penang’s industrial ecosystem.

Penang City Hall to undergo RM20 million restoration

Property News/ 28 September 2024 3 comments

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The iconic City Hall on Jalan Padang Kota Lama is set to undergo significant repair works as part of the Penang Island City Council (MBPP) ongoing conservation initiative to preserve the heritage structure.

MBPP mayor Datuk A. Rajendran announced that the repair works, estimated to cost RM20 million, are scheduled to commence in April next year.

“This will mark the second major restoration of the building. The first took place in 2011,” Rajendran said.

Rajendran emphasised the urgency of the repairs, attributing them to internal water leaks that have led to termite infestations within the building’s structure.

“Given the extent of the damage, it is crucial that we address these issues to prevent further deterioration.

“We anticipate that the restoration process will take up to two years to complete.

“During this period, all council meetings will be temporarily moved to Komtar,” he added after chairing the regular council meeting at City Hall today.

Constructed in 1903, Penang City Hall is a prominent colonial-era landmark and holds great historical significance as one of the oldest municipal buildings in the country.

Source: Buletin Mutiara

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Aralia Park – Official Launch (13 October)

Simpang Ampat/ 27 September 2024 No comments

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You are cordially invited to the official launch of Aralia Park at Pearl City Sales Gallery, Bandar Tasek Mutiara, on 13 October 2024, from 10am to 5pm. Enjoy Nyonya Delight refreshments and take part in a variety of activities, including a children’s fish scooping activity, shoulder and neck massages, and a warrior mask experience.

ARALIA PARK @ Pearl City, the latest development by Palmington Sdn Bhd (Tambun Indah Group), offer residents a perfect blend of comfort and style with its strategic location in the vibrant Pearl City township. Located at a matured neighbourhood and surrounded by its convenient urban cityscape, the construction for this modern 21-storey serviced apartment is currently in progress.

Well situated adjacent to the well-established XCL International School, and within a walkable distance to the Pearl City Mall, the residents will have quick access to various shopping and dining options offered by retail outlets such as Burger King, Subway, Family Mart, Boat Noodle, Gigi Coffee and MyLaksa. The development’s strategic location ensures residents easy accessibility and connectivity to the North-South Highway and Penang Second Link and is only a 10-minute drive from Batu Kawan and Bukit Minyak Industrial Park and Science Park.

Designed with practical layouts for comfortable living, the dual 21-storey high serviced apartments comprising 359 units offer keen home seekers three layout  designs: 807 sq ft (2 bedrooms), 1022 sq ft (3 bedrooms), and 1194 sq ft (3 bedrooms), and are affordably priced from RM328,000 onwards. Each unit includes a minimum of 2 to 3 parking bays within a 6-storey multi-level parking facility. There are also 10 units 2-storey shop offices located on the ground floor, providing residents countless benefits and great convenience with easy access to daily necessities and services such as groceries, eateries, and other items without having to leave the building.

This premium project boasts over 21 relaxation facilities, including a 50-meter swimming pool, gathering pavilion, fitness alcove, multipurpose hall, gymnasium, children’s playground among others.

Do come with your friends and relatives and join this auspicious day to enjoy the fun activities lined up for you, and also to view the show units at the Sales Gallery. Sales personnel are ready to assist you in your property enquiries and registration.

Event Highlights:

  • Nyonya Delight Refreshments
  • Children’s Fish Scooping
  • Shoulder & Neck Massage
  • Warrior Mask Experience
  • For more information kindly contact 04-5010088

Project Name : Aralia Park
Location : Pearl City (Bandar Tasek Mutiara)
Property Type : Serviced Apartment
Tenure : Freehold
Layout Design: 807 sq.ft. – 1194 sq.ft.
Total Units : 359
Indicative Price: RM 328,000
Developer : Palmington Sdn. Bhd.

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.)
LOCATION MAP

SITE PROGRESS: Orange Melur (Sep 2024)

Property News/ 26 September 2024 No comments

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About Orange Melur

This is a small landed residential development by Tah Wah in Bagan Ajam, Butterworth, located near Taman Melur and just minutes from Econsave and Tesco Bagan Ajam. With convenient access via Jalan Raja Uda and only 2km from the Butterworth Outer Ring Road, the project features 16 units of 3-storey terrace houses. Each unit offers a spacious design with a built-up area of 2,426 square feet, 4 bedrooms, 4 bathrooms, and parking space for 4 cars.

Find out more about Orange Melur

Register your interest here and we will keep you updated.

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.

PROPOSED: 54-Storey serviced residence @ Batu Kawan

Batu Kawan/ 25 September 2024 8 comments

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A newly proposed freehold development in Batu Kawan is set to take shape along Persiaran Cassia Barat 3, next to Vertu Resort Condominium and the soon-to-be-completed Columbia Asia Hospital (expected by mid-2025). The location offers prime accessibility, being just a short walk from IKEA Batu Kawan and less than five minutes from UOW Malaysia KDU Penang University College.

The project will consist of two towers, standing 54 and 47 storeys tall, comprising a total of 1,406 serviced residence units. The development will include an 8-level car parking podium, with facilities located on the rooftop and the 9th floor. Additionally, 15 retail units will be available on the ground level.

The project is still awaiting approval, more detailed information will be provided upon its official launch.

Project Name : (to be confirmed)
Location : Batu Kawan
Property Type : Serviced residence
Tenure: Freehold
Land Area: 1.97 hectare
Built-up Size: (to be confirmed)
Total Units : 1,406
Indicative Price : (to be confirmed)
Developer : (follow us to receive future update)

Register your interest here for updates on this project and other property news

(This information will be used to keep you updated on the project and future development.)
*By submitting this Form, you hereby agree to our PDPA Consent Clause.
LOCATION MAP (approximate)

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.