Wakaf Majlis Agama Islam Negeri Pulau Pinang (Wakaf MAINPP) and Perda Ventures Incorporated Sdn. Bhd. (PVISB) have signed a memorandum of understanding (MoU) to develop wakaf land at Lot 60, Mukim 11, Bayan Lepas.

The project will include the construction of 510 affordable housing units and 12 commercial lots, with an estimated value of RM170.1 million on the one-hectare site.

According to Deputy Chief Minister I, Dato’ Dr. Mohamad Abdul Hamid, the joint venture is expected to generate RM19 million in returns for Wakaf MAINPP. He highlighted that this initiative would maximize the potential of wakaf land as a productive asset, contributing positively to socioeconomic development.

The MoU, signed on January 18, was witnessed by Deputy Prime Minister Datuk Seri Dr. Ahmad Zahid Hamidi. Wakaf MAINPP was represented by its Secretary, Dato’ Rosidi Hussain, and CEO, Abdul Mohsein Mohd. Shariff, while PVISB was represented by Datuk Mohd. Asri Baharum and its CEO.

The wakaf land, originally donated by Allahyarham Putteh Masseh in 1948, has been registered under MAINPP since 1994. This project marks a significant step in leveraging wakaf assets for community benefit.

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Artist impression

In a major boost to Penang’s economic and healthcare landscape, Fajarbaru Builder Group Bhd (FBG) and the Penang Development Corporation (PDC) have signed a Master Purchase and Development Agreement (Master PDA) to create the groundbreaking Penang Medi-City in Batu Kawan. This transformative project aims to establish a medical and commercial hub that will attract global attention and investment.

Transforming Batu Kawan with Medi-City

Spanning 235.81 acres in Bandar Cassia, Penang Medi-City will be developed in phases, with the first phase covering 51.17 acres. This initial stage will prioritize a state-of-the-art urban enclave that seamlessly integrates healthcare, residential, retail, and commercial components. It is expected to contribute RM2 billion to Penang’s gross domestic product (GDP) upon completion.

FBG Group Executive Chairman Tan Sri Chan Kong Choy highlighted the project’s extensive economic and social benefits. “The development is expected to generate tens of thousands of jobs across construction, healthcare, retail, and more,” he stated. “Medi-City will position Penang as a competitive, forward-thinking hub, attracting businesses and residents from across Malaysia and beyond.”

Chief Minister Chow Kon Yeow echoed this sentiment, emphasizing Medi-City’s potential to enhance Penang’s economic resilience and global competitiveness. He also noted the synergy between Batu Kawan’s industrial zone and the Medi-City ecosystem, envisioning significant collaboration opportunities.

Phase 1: Healthcare and beyond

The first phase of Penang Medi-City will feature a 200-bed specialist hospital occupying 30% of the development area. The remaining land will accommodate residential, commercial, and infrastructure projects, creating a balanced and vibrant ecosystem for both local and international communities. This phase underscores the state’s commitment to becoming an international medical hub equipped with comprehensive healthcare solutions and modern facilities.

Strategic partnerships and long-term vision

FBG and PDC have secured the support of key strategic partners, including Pelaburan Hartanah Berhad (PHB), Cellaax Therapy, KJTS Group Berhad, and Solarvest Energy Sdn Bhd. These collaborations reflect the confidence in Medi-City’s potential and its capacity to drive economic and healthcare innovation.

With three development phases planned, Penang Medi-City will eventually house four private hospitals alongside an extensive range of residential and commercial facilities. While details of the remaining 184.64 acres have yet to be unveiled, the project’s overarching vision is clear: fostering unity, building community, and driving innovation.

“Penang Medi-City is not just about healthcare,” Chan emphasized. “It’s about creating an inclusive environment that promotes growth and strengthens Penang’s position as a leading hub for medical excellence.”

The signing ceremony at the Eastern and Oriental Hotel in George Town was witnessed by distinguished guests, including Yang di-Pertua Negeri Tun Ahmad Fuzi Abdul Razak and Chief Minister Chow Kon Yeow, signaling strong governmental support for this ambitious initiative.

Pekaka Place in Penang Island came alive with a spectacular Tesla Light Show on Saturday, delivering an electrifying performance that left the audience in awe. The event showcased a dazzling choreography of lights synchronized to music, performed by a fleet of over 40 Tesla cars.

Starting at 9:30 PM, the light show drew a crowd of enthusiasts and onlookers who were captivated by the innovative display. This unique event highlights the growing Tesla community in Penang and their passion for pushing the boundaries of technology and entertainment.

The light show lasted about 30 minutes. Watch the video above for a glimpse of this mesmerizing performance.

Starting 1 Feb, the People’s Housing Project (PPR) at Taman Manggis in George Town will become the first PPR in Penang to adopt a gated and guarded scheme. The move, aimed at addressing maintenance fee issues, was announced by State Housing and Environment Committee chairman Datuk Seri Sundarajoo Somu during a visit to the site.

Sundarajoo urged residents to pay their maintenance fees promptly, emphasizing that failure to do so could result in restricted access to their units, including limited use of lifts and entry to the compound.

“This initiative aligns with the Housing and Local Government Ministry’s efforts to tackle maintenance arrears. Timely payments will enable beneficial neighborhood improvements and enhance the units’ market value,” he said.

Sundarajoo also reiterated the need for PPR occupants to vacate their units once their household income improves after three years. Residents earning above RM1,500 can transition to the rent-to-own (RTO) scheme, allowing the state to prioritize those in need. However, exceptions may be considered for valid reasons.

Additionally, Sundarajoo highlighted that Penang’s affordable housing program has been rebranded as Rumah Mutiaraku, reflecting the state’s commitment to housing initiatives.