Lightwater Residences, formerly known as The Essence, is the second residential project at The Light City integrated development by IJM Perennial Development Sdn. Bhd. Located at the northern part of The Light City, less than 3 minutes drive to Penang bridge. It is next to the upcoming The Waterfront Shoppes.

This development consists of two 34-story towers, encompassing a total of 262 units of freehold luxury homes with private lifts. Unit sizes range from 1,324 sq.ft. up to 3,466 sq.ft. Facilities will be situated on levels 6 and 25.

Property Project : Lightwater Residences
Location : The Light City, Gelugor
Property Type : Residential
Tenure: Freehold
Built-up Sizes: 1,324 sq.ft. – 3,466 sq.ft.
Total Units : 262
Indicative Price : RM2,000,000 onwards (to be confirmed)
Developer : IJM Perennial Development Sdn. Bhd.

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.

The Juru-Sungai Dua Elevated Expressway Project and the Perak-Penang Water Project are currently at the discussion stage involving various federal government ministries, said Chief Minister Chow Kon Yeow.

He hoped both projects could be implemented due to the situation in the state and that the matter was raised at a briefing on Penang’s Development, chaired by Prime Minister Datuk Seri Anwar Ibrahim at Komtar during his one-day visit to the state yesterday.

“I am happy to say that Datuk Seri Anwar is concerned about the two projects and that they are being discussed…hopefully the discussion will yield positive results,” he told reporters after opening the 2nd World Cat Federation Penang International Cat Fiesta 2024, at Spice Arena in Bayan Lepas near here.

Chow suggested that two projects be implemented through the Private Finance Initiative (PFI) or privatisation if they could not be implemented through the federal government’s allocation.

He also thanked the prime minister for appreciating Penang’s contribution to the country’s development, especially in the economic and industrial sectors.

Source: Bernama

The urgent need to accelerate the upgrading and expansion of the Penang International Airport (PIA) has been emphasised by Prime Minister Datuk Seri Anwar Ibrahim.

“The project has been delayed for some time and it is congested.

“Additionally, the Penang Light Rail Transit (LRT) project, which holds significant importance, is progressing smoothly per our plan,” Anwar replied to journalists after attending the Penang Development Briefing 2024 in Komtar yesterday.

Anwar said several issues were highlighted during the meeting.

“The meeting convened to address both delayed projects and those slated for priority attention.

“Among the projects mentioned was the building of a clinic in Bayan Lepas, where an allocation of about RM11 million was set aside,” he added.

Anwar also stressed the collaboration between the state and Federal agencies.

“The meeting also centred on the necessity for driving growth in the industry. The remarkable success and swift implementation achieved by Penang serve as a testament to the high level of efficiency in state administration and management.

“We also stress the need to concentrate on sectors with exceptionally high capabilities, such as artificial intelligence (AI), digital technology, and microchips, where Penang has garnered international attention and recognition,” Anwar said.

Source: Buletin Mutiara

About Havana Beach Residences

Affordable housing development by Ideal Property Group at Bayan Lepas. Strategically located near Jalan Tun Dr. Awang, less than 2km away from Penang International Airport. It is about 5 minutes walking distance to  SMJK Heng Ee (Bayan Baru branch).

Find out more about Havana Beach Residences

The Penang Housing Board has again urged applicants to update their data in the state Housing Information System (HIS).

Penang Housing and Environment Committee chairman Datuk Seri Sundarajoo Somu said that as of April 3 this year, there were 42,160 applications for affordable homes Category A, B, and C registered in the HIS.

“However, despite calls urging applicants to update their data in the system, only 8,135 applicants, constituting 19.30% of the total, have complied with this update as of April 3 this year.

“The Penang Housing Board encourages the applicants to update their data to streamline the selection process.

“Maintaining updated information in the HIS is pivotal for active application status and eligibility. We encourage applicants to update their data in the system, particularly their marital status and monthly income once every three years,” he told a media conference at his office in Komtar this evening.

Sundarajoo and the Housing Outcome Performance Committee (HOPE), under the Penang Housing Board, had their sixth meeting today (April 4). The committee held its first meeting on Sept 14 last year (2023).

HOPE was set up to streamline the process of offering affordable housing units to eligible applicants, and to ensure the execution of housing policies at the state level are aligned with the Madani initiatives, the Penang2030 vision and the Penang unity government manifesto.

Selection process by HOPE

Sundarajoo said a total of 2,722 applications (for Category A, B and C) had been approved throughout the six HOPE meetings. There were 802 Category A applications, 571 (Category B), and 1,349 (Category C).

“HOPE will meet monthly to offer affordable housing units to eligible applicants,” he added.

On a separate note, Sundarajoo said that, as of April 3 this year, the Penang government has approved a total of 47 projects (for maintenance works) under the Penang Maximum 80% Housing Maintenance Fund (TPM80PP), with a combined allocation of RM9,206,448.50, allocated to 47 eligible stratified housing schemes.

“The Penang Housing Board has taken a proactive step by digitising the applications for TPM80PP starting from April 1, this year, aiming to streamline the application process for applicants.

“Now, applicants can conveniently apply for TPM80PP online through the official portal of the Board. As of April 3, there are 93 pending applications for TPM80PP, totalling an estimated RM35 million, which will be processed in order of submission,” he said.

Sundarajoo also highlighted that under the TPM80PP initiative, the state government has allocated a total of RM78.8 million from 2013 to April 3 this year.

“The amount covered 845 projects. The most significant scope of work includes the upgrading or replacement of elevators, with 450 projects, followed by the replacement or repair of water tanks, amounting to 290 projects.

“Others include upgrading or replacement of roofs, painting, road paving, as well as various maintenance works,” he added.

Sundarajoo also announced that the Federal Government, through the Ministry of Housing and Local Government (KPKT), has approved an allocation of RM3,780,000 for 12 Housing Maintenance Programme (PPP) public housing projects under the supervision of the Penang Housing Board; and RM1,201,800 for three public housing projects under the supervision of the Seberang Perai City Council (MBSP).

“Furthermore, the Federal Government has approved the Malaysian Housing Maintenance Fund (TPPM), amounting to RM6,520,000 for 15 projects overseen by the Penang Island City Council (MBPP); and RM9,674,000 for 21 projects under the purview of the Seberang Perai City Council (MBSP), specifically designated for maintenance endeavours of eligible private housing schemes.

“Overall, the Federal Government has approved a total of RM21,175,800 for 51 projects that will benefit residents in both public and private housing.

Source: Buletin Mutiara