If you have been considering an investment in one of Penang’s most prestigious residential addresses, this is your chance to experience it in person. This Labour Day long weekend, Berjaya Properties will be hosting a special event at the sales gallery, featuring coffee, workshops, Bio Quantum body mineral test, and an exclusive test drive of the all-new electric Mercedes-Benz G580 with EQ Technology, GLE 400e, GLC 200 and Mercedes-AMG GLC 43 Coupe (Sat & Sun).

Event Details:

Date: 1, 2, 3 May 2026 (Fri-Sun)
Time: 10am-5pm
Venue: Jesselton Courtyard, Penang (Waze)

RSVP: https://tinyurl.com/jesseltoncourtyard-may

Call +604-658 2828 for enquiries or visit www.jesseltoncourtyard.com.

Jesselton Courtyard offers 207 units of 1.5 & 2-storey courtyard villas and 32 four-storey zero-lot bungalows set within a freehold, gated and guarded low-density enclave in the heart of George Town. Surrounded by established affluent neighbourhoods including Western Gardens, Jesselton Heights, and Pulau Tikus, and just minutes away from Youth Park and the Botanical Garden, the location strikes a rare balance of tranquillity and urban convenience.

A key handover ceremony was held on Sunday for the Rumah MutiaraKu (RMKu) Type C units at Residensi Pauh Harmoni in Permatang Pauh. The event, which also coincided with the Penang State Housing Board’s (LPNPP) Customer Engagement Day, took place at the project site and was officiated by Sundarajoo A/L Somu. Also present were Khairulnizam Bin Hashim, Fong Sui Leong, and Eugene Fong Chuen, along with representatives from local authorities and stakeholders.

The ceremony marks another step forward in the state government’s commitment to delivering affordable housing under the Penang2030 vision. To date, a total of 176,457 affordable housing units have been delivered, representing 80.21% of the targeted 220,000 units by 2030. In addition, initiatives such as rent-to-own schemes and urban renewal programmes are also being implemented. Current progress stands at 5,424 units (24.65%) for rent-to-own and 6,840 units (228%) for urban renewal, reflecting varying levels of advancement across these initiatives.

Residensi Pauh Harmoni, developed by Golden Village Properties, is one of the projects contributing to these targets. Built on a 5,045 square metre site, the development comprises a single seven-storey block with 112 units. Each unit offers a built-up size ranging from 800 to 900 sq ft, featuring three bedrooms and two bathrooms. The units are delivered with basic fittings including tiled flooring, four air-conditioning units, and kitchen cabinets. The project reached full completion on 27 March 2026.

During the ceremony, 30 homeowners were invited to receive their keys in a symbolic handover, marking the beginning of occupancy for the completed development. The project highlights ongoing efforts by the state and its development partners to expand access to affordable housing in Penang.

Vista Residence, a serviced residence development by Pixel Valley Sdn Bhd in Bandar Cassia, Batu Kawan. Located on a 4.86-acre land at the intersection of Persiaran Cassia Barat 3 and Persiaran Cassia Barat 5, adjacent to the newly completed Columbia Asia Hospital and Vertu Resort Condominium. It is only a few minutes walking distance to Central Island Park and UOW Malaysia KDU Penang University College.

The project comprises two residential blocks, Blok A and Blok B, offering a total of 1,406 residential units. Blok A is a 54-storey building with 744 units, while Blok B is a 47-storey building with 662 units, each featuring a recreational area on its top floor.

The 9th floor is dedicated to shared facilities and recreation, including management office, swimming pool, hall, gym, and other amenities for both blocks. An 8-level car parking podium is provided for residents.

Property Name: Vista Residence
Location : Bandar Cassia, Batu Kawan
Property Type : Serviced residence
Total Units : 1,406
Built-up Size: 624 sq.ft. – 1,281 sq.ft.
Land Tenure : Freehold
Indicative Price : RM518,000 onwards
Developer : Pixel Valley 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.

About Ideal Business Hub

Ideal Business Hub is a 28-acre freehold industrial development within Penang Technology Park @ Bertam, comprising 88 light industrial factories in bungalow, semi-detached, and cluster configurations. Located about 5km from the Bertam toll plaza, it has access to major transportation routes and features layouts with 9.15m high ceilings and column-free spaces to support storage systems and large machinery. The project is scheduled for completion in first quarter of 2027.

Find out more about Ideal Business Hub

The battle for Penang’s Mutiara Line systems package is shaping up to be one of Malaysia’s most hotly contested transport contracts, with intense lobbying and fierce competition among seven consortia vying for a project that carries significant strategic weight in the country’s rail industry.

MRT Corp has opted for a reverse e-bidding exercise to determine the most competitive price for the systems package, which covers signalling, rolling stock, and track works on a design-and-build basis. The decision follows months of refinements since the tender was first called in December 2024, with multiple deadline extensions and addenda, including a notable revision in August 2025 that changed the rolling stock configuration from four-car to three-car train sets.

The field of bidders is largely homegrown, with local heavyweights Gamuda Bhd, MMC Group, YTL Group, Malaysian Resources Corp Bhd (MRCB), a WCT Holdings-Lion Pacific joint venture, and a Dhaya Maju Infrastructure Asia-Berjaya Rail partnership all in the running. A seventh consortium has also submitted a bid. Most contenders have partnered with Chinese firms, with MMC standing apart through tie-ups with South Korea’s Hyundai Rotem for rolling stock and Japan’s Hitachi for signalling.

On pricing, the WCT-Lion Pacific JV submitted the lowest preliminary bid at RM2.7 billion, with several other bidders reportedly also coming in below RM3 billion. However, the reverse e-bidding format means the lowest number alone won’t guarantee a win as MRT Corp will weigh execution capability alongside price.

CIMB Research highlighted Gamuda and MRCB as strong contenders, given their track records as lead contractors on the Klang Valley’s first two MRT lines and LRT 3, respectively. Gamuda’s international portfolio, spanning tunnelling and metro projects in Taiwan, Singapore, and Australia, further bolsters its credentials.

A fund manager cautioned that while reverse bidding could compress margins, it won’t necessarily make the project unviable. “Not all companies can last in such an exercise, especially if you can’t work on lower margins,” the fund manager noted, adding that discipline among bidders and MRT Corp’s priorities will shape the final outcome.

Beyond the contract itself, industry observers see the Penang LRT systems package as a strategic foothold. Winning it signals not just financial gain, but a firm stake in Malaysia’s evolving rail ecosystem, making the prize well worth the fight.