Property & Real Estate news in Sultan Abdul Halim Ferry Terminal Psah Penang Port Penang

1. Eppendorf leases 11.82-acre Bandar Cassia site for first Southeast Asian plant

   1 day ago EdgeProp Plot 340A, Bandar Cassia Technology Park, Batu Kawan, Penang 19 km

   German life sciences company Eppendorf SE has leased an 11.82-acre site at Bandar Cassia Technology Park in Batu Kawan, Penang, from the Penang Development Corporation for 60 years to build its first Southeast Asian manufacturing facility. The company plans to invest about €40 million (RM186 million) in the plant, with construction expected to begin in Q4 2026 and production starting in 2028, creating around 130 jobs by 2029.

2. HGD begins handover of 129 homes at RM828m Aera Township

   19 hours ago EdgeProp Aera Gardens, Aera Township, Sungai Petani North, Kedah 25.1 km

   Heng Guan Development (HGD) has commenced handing over 129 homes at Aera Gardens, the first residential handover in its 150-acre Aera Township in Sungai Petani North, Kedah. The township, with an estimated GDV of RM828 million, is being developed over five phases with a target completion by 2032.