VL Properties Asia, Tanjong Tokong (2026)

31/05/2026

𝗢𝗿𝗶𝗲𝗻𝘁𝗮𝗹 𝗛𝗼𝗹𝗱𝗶𝗻𝗴𝘀 𝘂𝗻𝗶𝘁 𝗶𝗻 𝗷𝗼𝗶𝗻𝘁 𝘃𝗲𝗻𝘁𝘂𝗿𝗲 𝘁𝗼 𝗱𝗲𝘃𝗲𝗹𝗼𝗽 𝗺𝗲𝗱𝗶𝗰𝗮𝗹 𝗰𝗲𝗻𝘁𝗿𝗲 𝗶𝗻 𝗣𝗲𝗻𝗮𝗻𝗴

GEORGE TOWN (May 29): Oriental Holdings Bhd’s unit Melaka Straits Medical Centre Sdn Bhd (MSMC) has formalised a joint venture (JV) with Ideal Hasrat Bumiraya Sdn Bhd, part of Ideal Property Group, to develop a tertiary medical centre, named Ideal Oriental Medical Centre.

In a statement on Friday, MSMC said the collaboration, formalised on Thursday, signalled a bold step towards redefining healthcare delivery in northern Peninsular Malaysia through a future-ready medical ecosystem that integrates advanced tertiary care, innovative technology, and seamless urban connectivity.

It said the proposed medical centre, planned on a 0.7689-hectare site within the Queens Waterfront master plan, is expected to be completed by the end of 2030.

The medical centre aims to cater to the healthcare needs of residents in Gelugor, Bayan Baru, Bayan Lepas and surrounding communities, alongside Penang’s growing population of professionals, engineers, and industrial workforce concentrated within the Bayan Lepas manufacturing corridor.

“The development is also strategically positioned to support Penang’s thriving medical tourism sector, particularly international patients seeking advanced healthcare services in the region,” it said.

The proposed development is expected to reinforce Penang’s position as one of Malaysia’s leading healthcare hubs while supporting the state’s long-term aspirations in healthcare excellence, medical tourism, and sustainable urban growth, it added.

Uploaded by Tham Yek Lee
The Edge Malaysia
Picture Credit: Oriental Melaka Straits Medical Centre

30/05/2026

𝗣𝗲𝗻𝗮𝗻𝗴 𝗛𝗶𝗹𝗹 𝗖𝗮𝗯𝗹𝗲 𝗖𝗮𝗿 𝘀𝗲𝘁 𝗳𝗼𝗿 𝗰𝗼𝗺𝗽𝗹𝗲𝘁𝗶𝗼𝗻 𝗶𝗻 𝗝𝘂𝗻𝗲 𝗻𝗲𝘅𝘁 𝘆𝗲𝗮𝗿

The Penang Hill Cable Car project is expected to be completed by June next year, followed by two to three months of safety testing before operations officially begin, according to Penang Hill Corporation general manager Datuk Cheok Lay Leng.

According to a report by Kwong Wah Yit Poh, Cheok said the new aerial cable car system is expected to help reduce congestion at the existing Penang Hill funicular railway station, particularly during peak holiday periods.

“The cable car will not only help disperse crowds from the funicular station, but also provide visitors with a completely different experience,” he said.

The 2.73-kilometre cable car system, which began construction in October 2024 near the Penang Botanic Gardens, is a public-private partnership between Penang Hill Corporation, Hartasuma Sdn Bhd and Austrian ropeway specialist Doppelmayr Seilbahnen GmbH.

The system will feature 50 eight-seater gondolas capable of transporting passengers from the Botanic Gardens to the hilltop in under 10 minutes.

The project includes three stations, namely Garden Station, Turn Station and Hilltop Station along with a commercial plaza, 700 parking bays and dedicated bus parking facilities.

All major infrastructure is designed to meet Green Building Index (GBI) Gold certification standards.

Cheok noted that while the new cable car may initially affect ridership on the century-old funicular railway, both attractions offer distinct experiences. The existing railway, he said, remains an iconic attraction due to its heritage value.

Meanwhile, the Penang Hill funicular railway is also expected to undergo a major track replacement exercise next year, involving significant costs and technical complexity due to the railway’s steep hillside alignment.

To maintain service quality, Cheok said gradual fare adjustments may be introduced over the coming years, although increases would be implemented carefully and progressively.

Currently, Malaysian citizens pay RM16 for adult tickets and RM8 for children and senior citizens, while foreign visitors pay RM30 for adults and RM15 for children.

With the upcoming school holidays and long weekends, Penang Hill is expecting daily visitor numbers to reach around 8,000, with more than 20,000 visitors projected over a three-day holiday period.

Visitors are encouraged to avoid peak hours by arriving before 9am or after 4pm to reduce waiting times.

Story & Picture by Penang Property Talk (Facebook) 29 May 2026

26/05/2026

Tanjong Bungah beachfront land snapped up by Magni-Tech for RM133 million

Magni-Tech Industries Bhd, best known for its garment manufacturing and packaging products, is making a bold pivot into property development with the acquisition of a prime 4.7-acre beachfront parcel in Tanjong Bungah, Penang, for RM133.33 million cash.

The 4.7-acre freehold site priced at approximately RM649 per square foot, sits adjacent to the Dalat International School and was previously used as a car park. According to a Bursa Malaysia filing, the purchase will be funded entirely through internally generated funds, with Magni-Tech’s wholly-owned subsidiary, Magni Land Sdn Bhd, signing a sale and purchase agreement with Neoh Choo Ee & Company Sdn Bhd which is an investment holding company controlled by the Neoh family.

The land transaction marks a striking jump in value. Originally acquired by the vendor in 1973, the site carried an audited net book value of just RM1.01 million as at December 31, 2025 — a testament to how dramatically Penang’s prime coastal property values have appreciated over the decades.

Magni-Tech described the location as highly attractive, surrounded by established hotels, resorts, and international schools, factors the company believes enhance both its appeal and development potential.

At the helm of Magni-Tech is 79-year-old Penang tycoon Tan Sri Tan Kok Ping, who serves as executive chairman and substantial shareholder, holding a direct 5.25% stake and an indirect 13.95% interest in the company.

The acquisition is expected to be completed in the second half of 2026, signalling a significant new chapter for the manufacturer-turned-developer.

source : penang.property.talk

dateline : sunday24may2026

26/05/2026

Create a glamorous cinematic portrait of a woman standing on a luxurious Mediterranean-style terrace during sunset. She has long flowing jet-black wavy hair blowing dramatically in the wind, bronzed glowing skin, bold eye makeup, sculpted brows, glossy n**e-pink lips, and large hoop earrings. She wears an elegant sheer white high-slit gown with a flowing chiffon train that moves gracefully behind her, paired with strappy n**e lace-up stiletto heels.

The background features a breathtaking coastal cliffside with soft golden sunset lighting, dreamy clouds, ocean views, and romantic Italian-inspired architecture surrounded by vibrant pink flowers and stone balustrades. The overall mood is luxurious, feminine, powerful, and cinematic — blending high-fashion editorial glamour with romantic Mediterranean vacation aesthetics.

The image has warm golden-hour tones, soft depth of field, and a dramatic wind-swept effect that creates a sensual, goddess-like atmosphere. The signature “Bella M” appears in elegant gold script in the bottom corner.
Bottom left corner cursive “Bella M”

23/05/2026

Upgrading Pulau Tikus ✨

Real changes you can see and feel 🚀

https://www.instagram.com/reel/DYrfalax_7W/?igsh=MTRibnZmcmd0MmVhaw==

17/05/2026

Sabah Housing and Real Estate Developers Association (Shareda) president Datuk Johnny Wong Chen Yee has urged the public to consider buying homes now, warning that property prices are expected to rise 15 to 30 per cent due to escalating construction and logistics costs.

For report, click: https://www.theborneopost.com/2026/05/16/buy-now-or-pay-more-later-warns-shareda-president-on-sabah-property-prices/

16/05/2026

𝗟𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝘁𝗿𝗮𝗳𝗳𝗶𝗰 𝗱𝗶𝘃𝗲𝗿𝘀𝗶𝗼𝗻 𝗮𝘁 𝗝𝗮𝗹𝗮𝗻 𝗧𝗲𝗻𝗴𝗮𝗵 𝗯𝗲𝗴𝗶𝗻𝘀 𝗠𝗮𝘆 𝟭𝟲 𝗳𝗼𝗿 𝗟𝗥𝗧 𝘄𝗼𝗿𝗸𝘀

As part of the ongoing construction of the Penang LRT Mutiara Line, Mass Rapid Transit Corporation (MRT Corp) has announced a long-term “Free-Flow” traffic management plan at the junction of Jalan Tengah and Jalan Sultan Azlan Shah.

In a statement issued earlier, MRT Corp said the traffic diversion will take effect from May 16, 2026, until Dec 31, 2028, involving a total duration of approximately 960 days. The temporary traffic arrangement is necessary to facilitate piling, pile cap, and structural works for the LRT project.

Under the new traffic plan, motorists travelling from Jalan Tengah towards the Penang International Airport will be required to use the left lane and make a U-turn before the Jalan Mahsuri junction to enter Jalan Sultan Azlan Shah. Those heading towards Komtar may still turn left as usual.

For traffic coming from the Komtar direction towards Jalan Tengah, drivers must use a newly constructed U-turn located in front of the Renesas factory. MRT Corp noted that this U-turn is strictly for light vehicles only.

Meanwhile, motorists from Jalan Tengah heading towards Jalan Kampung Jawa will no longer be allowed to make a direct right turn at the junction. Drivers may instead turn left into Jalan Mayang Pasir before entering Jalan Mahsuri, or continue straight towards the Bukit Jambul roundabout to perform a U-turn.

For those travelling from the airport towards Jalan Kampung Jawa, motorists are advised to turn left at the Sunway Prima junction near the TNB PPU before proceeding to Jalan Mahsuri and making a right turn at the traffic lights.

MRT Corp advised road users to remain cautious and follow all traffic signage and instructions throughout the construction period. Traffic marshals, safety barriers, and traffic cones will also be deployed to help manage traffic flow and ensure public safety.

Story & Pictures from Penang Property Talk 14 May 2026

13/05/2026

𝗣𝗲𝗻𝗮𝗻𝗴 𝗼𝗽𝗲𝗻 𝘁𝗼 𝗵𝗼𝘀𝘁𝗶𝗻𝗴 𝗶𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗺𝘂𝘀𝗶𝗰 𝗳𝗲𝘀𝘁𝗶𝘃𝗮𝗹𝘀, 𝘀𝗮𝘆𝘀 𝗲𝘅𝗰𝗼 𝗰𝗵𝗮𝗶𝗿𝗺𝗮𝗻

GEORGE TOWN: Penang is open to hosting international-level music festivals if the budget, location and sponsors permit, says state Tourism and Creative Economy committee chairman Wong Hon Wai.

Wong said the state government viewed music festivals as a tourism product that could attract domestic and international visitors.

“We have experience organising music festival-style events.

“In 2024, when we moved the Penang Bridge International Marathon to Batu Kawan, we held a music festival before the run took place.

“The festival was held before the marathon and was mostly attended by the participants,” he said during the state assembly sitting in Lebuh Light on Tuesday (May 12).

Wong was responding to an additional question by Joseph Ng (PH-Air Itam) on whether Penang was ready to host festivals like the recent Rain Rave 2026 Water Music Festival event in Bukit Bintang, Kuala Lumpur.

Wong said many might not be aware a rave-style music festival had been held in conjunction with the marathon in 2024.

“It was held at night before the run so the runners could enjoy the music festival experience before the running event,” he said.

Wong said the state government would consider organising more festivals in the future based on the suitability of the location, financial capacity and the organisers’ commitment.

Earlier, responding to Ng’s written question on new tourism products and attractions and tourism promotion initiatives introduced by the state government and private sector in conjunction with Visit Malaysia Year 2026, Wong said the state government, through Penang Global Tourism, had formulated various strategic initiatives to strengthen the state’s tourism sector.

Wong said there were 14 different attractions, including museums, sights and locations, to attract tourists.

“We not only want to introduce new products, but we want to give our existing ones more dimension as well.

“Taking Penang Hill as an example, people can not only take the funicular train but also opt to hike up.

“They can camp overnight and there is even a night walk.

“Many dimensions can be added to existing experiences,” he said.

Wong said tourists could also experience Penang by sea, including taking a boat ride to see both bridges up close.

“It may be the same sea and the same hill, but there are different ways of seeing it, which will encourage people to return multiple times,” he said.

Story by N. TRISHA
The Star, 12 May 2026

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