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Harbour View Residence

Butterworth/ 26 February 2025 No comments

harbour-view-residence-model

Harbour View Residence is an affordable housing development under the Rumah MutiaraKu scheme by OSK Property, situated within the vicinity of Harbour Place in Butterworth. Located near Jalan Harbour Place, it is surrounded by several condominiums, including Ocean View Residences, Park View Tower, Sea View Tower, Luminari Residences, and Wellesley Residences. The location offers convenient access via Jalan Chain Ferry, with Penang Sentral just a short drive away.

The development features a 32-storey residential tower with 373 affordable units, each offering a typical built-up size starting from 950 sq.ft. A 6-level multi-storey car park podium is conveniently located adjacent to the tower. Residents can enjoy a range of facilities, such as a swimming pool, gym, community hall, and more.

READ MORE ABOUT AFFORDABLE HOUSING:

Project Name: Harbour View Residence
Location : Harbour Place, Butterrworth
Property Type : Affordable housing (Rumah MutiaraKu)
Total Units: 373
Built-up Size: 950 sq.ft. onwards
Land Tenure : Freehold
Indicative Price : RM250,000 onwards
Expected Completion: 2028
Developer: PJD Eastern Land Sdn. Bhd. (OSK Property)

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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.

Juru Hills pilots innovative 5/95 loan scheme to ease homeownership

Property News/ 25 February 2025 No comments

juru-hills-launched

Homeownership is set to become more accessible with the launch of the Juru Hills affordable housing project (Rumah MutiaraKu). This initiative is backed by an RM18.5 million Tawarruq Financing Facility agreement between Bank Pembangunan Malaysia Berhad (BPMB) and Firma Atasan Sdn Bhd.

A key highlight of the project is the innovative financing model designed to reduce financial burdens for homebuyers. Under this arrangement, banks will offer a 95% loan, with the remaining 5% covered by the developer as a loan for the down payment. Moving forward, the state government aims to refine this mechanism further, potentially allowing buyers to secure a home with just RM10 as a down payment, while developers cover the balance.

For example, if a home is priced at RM250,000, the bank will provide a 95% loan, leaving the remaining RM12,500 for the down payment to be covered by the developer. This means buyers do not have to make a large upfront payment.

“This initiative is to make homeownership easier for those who deserve it. We are still in the process of exploring this,” said State Housing and Environment Committee chairman Datuk Seri Sundarajoo Somu during the Memorandum of Understanding (MoU) signing at Livingston Tower.

The Juru Hills project, which will be developed in two phases, consists of 1,236 affordable units priced between RM248,000 and RM278,000. Each unit will include at least two parking spaces, with selected units offering three. Phase one will focus on Block A, delivering 618 units, while the second phase will introduce another 618 homes.

Beyond affordability, Juru Hills promises a quality living environment with lifestyle amenities such as a swimming pool, gymnasium, and other recreational facilities. Firma Atasan Sdn Bhd’s executive director Chew Why Hoong emphasized the project’s commitment to community well-being by incorporating facilities like a Youth Learning Centre for technical training and a Nursing Home with a 94-bed capacity.

In line with Penang’s green building initiatives, Juru Hills will also be GBI-compliant, featuring sustainability elements such as a rainwater harvesting system, solar energy solutions, and a wastewater treatment facility.

BPMB Group CEO Roni Abdulwahab reaffirmed the bank’s commitment to empowering local businesses and underserved communities through targeted financial support. “This partnership with Firma Atasan is a step towards making homeownership more accessible, while integrating sustainability into urban development,” he said.

Cassia Cempaka – Modern home built for convenience and comfort

Discover the epitome of modern living at Cassia Cempaka, a premier residential development nestled in the vibrant township of Bandar Cassia, Batu Kawan. Designed by PDC Properties Sdn. Bhd., this freehold project spans 28.47 acres and is inspired by the elegance of the Cempaka flower, offering a harmonious blend of serene surroundings and contemporary comforts.

Strategic Location, Unmatched Convenience

Strategically positioned along Jalan Batu Kawan, Cassia Cempaka boasts unparalleled accessibility to key landmarks such as IKEA, Design Village, and the Penang Second Bridge. Its proximity to thriving employment hubs and essential services, including the Batu Kawan Police Station and Fire & Rescue Station, ensures both safety and convenience for residents.

Phase 2 Now Open for Booking

Following the successful sell-out of Phase 1, Cassia Cempaka Phase 2 is now open for booking, featuring a double-storey bungalow priced at RM1,786,076 and 26 semi-detached units ranging from RM941,043 to RM1,189,346. Don’t miss the opportunity to be part of this sought-after community.

Your dream home awaits at Cassia Cempaka – where life blossoms!

For further enquiries, please contact PDC Properties at 04-240 1999 or

Visit the sales gallery at:
PDC Properties Sdn. Bhd. 
Level 1, Tun Dr. Lim Chong Eu Building,
No. 1 Persiaran Mahsuri, Bandar Bayan Baru,
11909, Bayan Lepas, Penang

Register your interest here. Phase 2 is now open for sale! 

*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.)

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A Glimpse into Penang’s Future: SkyWorld’s Healthy Home Concept at EdgeWood Residences

Property News/ 22 February 2025 1 comment

edgewood-residences

SkyWorld Development Berhad (SkyWorld) is setting a new benchmark in sustainable urban living with its SkyWorld Healthy Home concept, an innovative approach designed to integrate passive design strategies, smart innovations, and eco-conscious features. As SkyWorld prepares to introduce this concept in its upcoming Penang projects, a recent tour of EdgeWood Residences in Kuala Lumpur provided an exclusive preview of what future Penang homeowners can expect.

EdgeWood Residences: A Model of Sustainable Living

Located in SkySanctuary, Setapak, EdgeWood Residences exemplifies SkyWorld’s commitment to creating healthier and more comfortable living environments. The development revolves around four key pillars: Light, Nature, Air & Water, and Community. These elements work together to enhance well-being by maximizing natural daylight, improving air quality, and fostering social engagement through community-centered spaces.

One of the standout features is the emphasis on natural daylighting, with over 75% daylight coverage per unit. This, combined with extensive landscaping and water bodies, helps to reduce the surrounding temperature by 2-4°C. Additionally, advanced ventilation systems and sustainable building materials contribute to maintaining an Air Quality Index (AQI) of 8-10, well within the healthy zone.

Thermal comfort is another key aspect of SkyWorld’s design philosophy. The Smart Façade Design at EdgeWood Residences incorporates earth-tone exteriors that reflect infrared light to minimize heat absorption, keeping homes naturally cooler. Architectural elements like extended balconies and shading devices further enhance indoor comfort while reducing energy consumption. Advanced soundproofing technology reduces noise levels significantly, from 70dB to 50dB or lower, ensuring a peaceful living environment.

Beyond individual homes, the development places a strong emphasis on community living. Facilities such as an Open-Concept Function Pavilion, Mini Cinema, Kids’ Playroom, Lap Pool, and Co-working Space are designed with natural ventilation and eco-friendly materials. Meanwhile, SkySanctuary Central Park, a 2.92-acre resident-only green space, serves as a lush retreat, enhancing air quality and promoting biodiversity.

What This Means for Penang

With plans to implement the SkyWorld Healthy Home concept in its upcoming Penang developments, future homeowners in the state can look forward to a new standard of urban living that prioritizes sustainability, wellness, and community engagement. SkyWorld’s projects in Penang—SkyAwani PearlMont in Seberang Jaya and SkyAwani Cassia in Batu Kawan—will reflect the same principles of smart, eco-friendly, and wellness-focused living.

Both projects will feature thousands of units under the Rumah Bakat Baru Madani scheme, affordably priced from RM300,000 onwards. Each unit will offer a spacious built-up area of 900 sq.ft., with three bedrooms and two bathrooms. Future residents can also expect modern amenities, including a swimming pool, gym, multipurpose hall, and playground, ensuring a well-rounded living experience.

A key highlight of these upcoming developments is the adoption of Prefabricated Prefinished Volumetric Construction (PPVC), making Penang the first state to implement this innovative construction method under the Environmental, Social, and Governance (ESG) framework. This approach not only enhances construction efficiency but also significantly reduces material wastage, contributing to a more sustainable future.

A Step Towards a Smarter, Healthier Penang

SkyWorld’s expansion into Penang marks a transformative shift in the state’s urban housing landscape. By incorporating the SkyWorld Healthy Home concept into its new projects, the developer is introducing a forward-thinking approach that balances affordability with sustainable living. Homeowners can expect improved air quality, enhanced thermal comfort, and thoughtfully designed spaces that promote well-being and social interaction.

As Penang continues to evolve as a dynamic urban hub, developments like SkyAwani PearlMont and SkyAwani Cassia signal a promising future—one where homes are designed not just for today, but for generations to come. With SkyWorld leading the way, Penang’s residents can look forward to a healthier, smarter, and more sustainable way of living.

SITE PROGRESS: Ideal Venice Residency (Feb 2025)

Property News/ 21 February 2025 No comments

About Ideal Venice Residency

The second phase of PR1MA affordable housing development by Ideal Property Group at Island Glades. Strategically located near the intersection of Jalan Bukit Gambir and Jalan Lembah, next to Ideal Residency. It’s just a stone’s throw away from University Science Malaysia (USM), about 5 minutes drive to Penang Bridge.

This development comprises two blocks 46-storey residential towers, featuring 1,632 affordable housing units with six levels of car parking podiums.

*Photo taken in Jan 2025

Find out more about Ideal Venice Residency

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.