Taman Penaga Indah, a small-scale landed residential development by SP Maju Jaya Sdn. Bhd. in Penaga. It is situated along Jalan Bawah Penaga, approximately a 20-minute drive north from Penang Bridge. The development is conveniently located within a less than 5-minute walking distance from SK Penaga and is surrounded by several other public schools within a 2km radius, namely SK Penaga Jaya, SMK Sri Muda, and SRJK Aik Keow

This project comprises a total of 33 landed homes, featuring a mix of single-storey semi-detached and bungalow units. Each unit will offer a minimum of 3 bedrooms and 2 bathrooms, with a land area of at least 31ft x 72ft.

Project Name : Taman Penaga Indah
Location : Penaga
Property Type : Residential
Total Units: 30 (semi-d), 3 (bungalow)
Built-up Size: 23ft x 43ft onwards
Land Area: 31ft x 72ft onwards
Tenure: Freehold
Indicative Price: RM560,000 onwards
Developer : SP Maju Jaya Sdn. Bhd.

The Madani Inclusive Housing Concept will be catalyst for the development of affordable housing projects for the target groups in the country said Prime Minister Datuk Seri Anwar Ibrahim.

He said the efforts started with the cooperation of the Kuala Lumpur City Hall (DBKL) to provide houses to the targeted groups in the capital and the initiative will be carried out together with the related government agencies.

Anwar said the government was always committed and focused on the housing agenda to make sure all Malaysians, no matter what household income group they belong too, are able to live in a conducive and harmonious environment to support the formation of a Madani community that enjoys quality and cohesive living,” he said in his Facebook posting on Monday.

Earlier in the day, Anwar had chaired the National Affordable Housing Council (MPMMN) meeting to discuss the housing issues between the federal government, state governments and industry players that also touched on the direction taken, coordination and monitoring of affordable housing plans, construction and maintenance of houses.

Anwar said during the meeting, he agreed to the target of providing 500,000 affordable housing units under the 12th Malaysia Plan (RMK12), and stress the importance of achieving the target so as to benefit the people.

“Once again I have stressed the need to expedite efforts and approval period to boost investment and ease the business dealing processes that will encourage businesses and attract investment. This will attract developers to build more affordable houses,” he said.

The meeting was attended by the respective menteri besar, chief ministers, housing excos, cabinet ministers and agencies involved in housing from the federal government, state government, statutory bodies as well as housing developers from the private sector.

Source: TheEdgeMalaysia.com

Road users are advised to plan their journey ahead of the Penang Bridge International Marathon (PBIM) which is set to take place on Dec 17.

The event has attracted some 20,000 participants worldwide.

Insp Aizad Muhaimin from the Penang contingent police headquarters Traffic Enforcement and Investigation Department announced the closure of the Penang Bridge (first bridge) from midnight to 10 am on Dec 17.

“If the situation clears up quickly, there’s a possibility we might reopen the Penang Bridge before 10 am. However, rest assured it will not be later than 10 am.

“A total of 300 police personnel will be on duty during the event,” said Aizad during a press conference on Monday.

Insp Aizad also added that similar to the previous year, several other roads would be closed down in stages from Dec 16, starting at 11pm, with traffic diversion starting at 9pm.

Assistant Superintendent Police (ASP) Zulkifli Ahmad from the Penang contingent police headquarters traffic unit said participants can park their vehicles at Queensbay Mall, the Q1 and Q2 car park areas.

Visitors are also encouraged to park their vehicles near the Bayan Lepas free industrial zone and surrounding areas.

Residents residing near the road closure area, including The Light and other affected areas, will have access to their homes. Additionally, motorists can use an alternative route to reach Batu Maung and Penang International Airport.

State Tourism and Creative Economy Committee chairman Wong Hon Wai said out of the 20,000 participants, 3,800 participants registered for the Full Marathon, 7,750 for the Half Marathon, and the rest for the 10km category.

“To enhance the convenience of the public and participants, the Penang ferry service will also be extended from 10pm (Dec 16) to 6am (Dec 17). The Sultan Abdul Halim Muadzam Shah Bridge will remain open for the public,” he added.

For more information on road closures, the public is encouraged to visit the official Facebook page of the Royal Police Malaysia (PDRM) at https://www.facebook.com/PolisPulauPinang/about?locale=ms_MY

Source: Buletin Mutiara

In a glittering ceremony at The Athenee Hotel, Bangkok, PropertyGuru Group recently unveiled the winners of the 18th Annual PropertyGuru Asia Property Awards Grand Final. The prestigious event, presented by Kohler and supported by Dongpeng Ceramic and Subzero Wolf, celebrated excellence in real estate development, construction, architecture, and design across 13 vibrant property markets in Asia.

One of the standout moments of the evening was the recognition of Eastern & Oriental Berhad’s (E&O) Andaman project in Penang, which clinched the Best Township Masterplan Design Award for Malaysia. This accolade underscores E&O’s commitment to innovation and meticulous planning in crafting a masterful township design that impressed the independent jury and positioned Andaman at the forefront of real estate excellence in the region.

Andaman, nestled within the captivating landscape of Penang, showcases E&O’s dedication to creating well-thought-out and innovative masterplans that go beyond conventional standards. The Best Township Masterplan Design Award is a testament to the project’s seamless integration of residential, commercial, and green spaces, providing a blueprint for sustainable and vibrant communities.

Moreover, Malaysia emerged as a force to be reckoned with, securing four regional wins in various categories. Perbadanan Kemajuan Negeri Selangor (PKNS) received the prestigious title of Best Affordable Homes Developer (Asia), highlighting the nation’s commitment to providing quality and affordable housing solutions. Noteworthy projects by Eupe Corporation Berhad and Sime Darby Property also contributed to Malaysia’s success on the regional stage.

The recognition of Malaysian developers on this esteemed platform reflects the nation’s dedication to raising development standards, redefining design, and contributing to the revitalization of economies. These wins showcase Malaysia’s diverse real estate landscape and the industry’s ability to deliver excellence across various categories.

Hari V. Krishnan, CEO and managing director of PropertyGuru Group, praised the culmination of the awards series as a celebration of changemakers who are shaping the future of cities in Asia. He highlighted the significance of the winners’ contributions to creating more sustainable, equitable, and innovative urban environments.

Jules Kay, GM of PropertyGuru Asia Property Awards and Events, commended the winners for driving positive change and innovation, showcasing a shared aspiration for quality among developers, buyers, and builders. The awards underscore the commitment to sustainability among residential, commercial, and industrial developers in the region.

The Grand Final drew iconic personalities from the real estate industry, including Dr. Allan Zeman, founder and chairman of Lan Kwai Fong Group, who received the Icon Award. Dr. Zeman expressed his honor at receiving the prestigious award and emphasized the global impact of Lan Kwai Fong as a prominent brand.

The Penang government is optimistic that the Silicon Island project, once completed, will replicate the success of the Bayan Lepas Free Industrial Zone (FIZ).

Chief Minister Chow Kon Yeow said this is possible through a topside development plan for the project.

Chow, alongside Penang Yang di-Pertua Negeri Tun Ahmad Fuzi Abdul Razak and other state dignitaries, made a historic visit to Silicon Island since its reclamation started in September of this year.

“The topside development plan features the high-tech industrial park called ‘Green Tech Park’ (GTP) as well as digital technology infrastructure, e-commerce, and Business Process Outsourcing (BPO) facilities.

“The GTP is designed with environmental, social and governance (ESG) concepts that will be able to attract compliance-conscious investment that is now a global corporate focus.

“The location of the GTP and BPO also is strategic because it is close to the Bayan Lepas Free Industrial Zone (FIZ), Penang International Airport (PIA) and the Sultan Abdul Halim Muadzam Shah Bridge.

“As a result, this will guarantee the development and increase the competitiveness of Penang’s electrical and electronics (E&E) manufacturing sector, similar to what was achieved with the development of Bayan Lepas FIZ,” Chow said in his speech at the Region 1 Marine Police Base in Batu Uban yesterday.

Silicon Island, renamed from Island A under the proposed Penang South Islands (PSI) project, is located at the south end of Penang Island, measuring 2,300 acres in land size.

It is the only island to be reclaimed out of the proposed three islands after the state government decided to scale down the PSI project on the advice of the Federal government.

Silicon Island is expected to be fully reclaimed by 2032, with the entire development spanning 25 years.

The reclamation of PSI’s Silicon Island is undertaken by Silicon Island Development Sdn Bhd (SIDSB).

SIDSB is the project developer (PD) set up by PIC PD Sdn Bhd and SRS PD Sdn Bhd. PIC PD owns 30% of SIDSB while SRS PD owns the remaining 70%.

Chow said the development of Silicon Island is expected to generate a Gross Domestic Product (GDP) of RM1.1 trillion and an RM74.7 billion investment, apart from creating 220,000 job opportunities that will benefit Penangites and Malaysians.

“Silicon Island will also improve liveability and quality of life, increase household incomes, empower the people, especially local fishermen through the Social Impact Management Plan (SIMP), increase the built environment’s resilience to reduce carbon emissions, increase the use of renewable energy and face climate change challenges.

“Therefore, we are confident that Silicon Island will play its role as an environmental, social and governance (ESG) compliant project to attract investors, develop the state’s economy, and safeguard the well-being of the local community at the same time,” he said.

In a press conference later, Chow said since the reclamation of Silicon Island started in September, a total of five acres of land have been reclaimed so far.

“This is just preliminary work only. The project can be expedited based on the market demand.

“Starting next year, we will increase the number of ships to be used to ferry the sand and pump the sand to Silicon Island.

“We expect to reclaim around 300 to 400 acres per year. This does not include infrastructure works as they can only begin after the reclamation works are fully completed,” said Chow.

Arriving at the site at about 10am yesterday, Ahmad Fuzi, Chow and other distinguished guests were briefed on the progress by the officers from the Gamuda Berhad.

They spent about 30 minutes on the man-made island. Many of them were seen taking the opportunity to snap photographs around the vicinity.

The visit included tree planting as a symbolic gesture.

Source: Buletin Mutiara