Established developer JAYAMAS PROPERTY GROUP, has unveiled its new “Shared Ownership” Property Package. This innovative model introduces a flexible approach that allows individuals to enter the property market with greater ease, while professional management ensures investors enjoy the benefits of high-value properties without the usual financial or administrative burdens.

Why Choose the Shared Ownership Property Package?

• Attractive Returns – Up to 8% rental return p.a., attractive returns compared to conventional savings.
• Secured by Actual Property – Capital is tied to tangible, high-value assets rather than abstract market movements.
• Portfolio Diversification – Reduces reliance on a single investment such as stocks, bonds, or funds.
• Flexible Termination – A transparent and fair exit plan provides liquidity and peace of mind, unlike traditional ownership structures.
• Annual Stays – A unique privilege that allows investors to choose between passive rental income or vacation stay at the property each year.

Target Segments

The Foundation: Opening Doors for the Young Generation

The younger generation is often most affected by rising property prices and the burden of high down payments. Many find themselves trapped in long-term rental or mortgage arrangements, unable to build equity or grow wealth through property ownership. The Shared Ownership Property Package offers them a practical alternative: with an entry point as low as RM30,000, young individuals can participate in the property market, generate passive income, and enjoy a flexible lifestyle that balances personal aspirations with long-term financial goals.

The Fortress: Strengthening Financial Security for the Middle-Aged

Middle-aged individuals frequently face the dual pressure of supporting families while planning for retirement. Education costs, savings goals, and household expenses can make traditional mortgages overwhelming. For this group, Shared Ownership Property Package provides a balanced pathway to asset growth without excessive debt exposure. By investing in a professionally managed property that delivers strong rental yields, this segment can diversify their portfolio, create an additional income stream, and reinforce their long-term financial foundation.

The Freedom: Unlocking Value for Seniors

For many seniors, property represents the largest portion of personal wealth. The challenge often lies in unlocking that value to support retirement, assist children, or enhance lifestyle choices, without the high costs and complications of selling traditional properties. Shared Ownership Property Package addresses this need by offering liquidity, transferability, and a low entry barrier. With a long-term tenure and consistent rental income, seniors can enjoy peace of mind and greater financial freedom, while leaving behind a transferable legacy.

All entitlements under the package are fully managed by JAYAMAS PROPERTY GROUP, giving participants complete peace of mind with no concerns over maintenance, leasing, or daily operations.

Proven Track Record

JAYAMAS PROPERTY GROUP has established itself as a trusted developer in Penang with a diverse portfolio spanning residential, commercial, and hospitality projects. Its hospitality ventures include Bagan Suites (Butterworth) and Marc Service Apartments (Bukit Mertajam), both recognized for their comfort, convenience, and premium service. The Group also launched Ventus & Tradesmen, a landmark mixed-use development designed for vibrant, contemporary urban living, serving as a gateway to Silicon Island.

“Our vision is to make premium property ownership more attainable while delivering both financial security and lifestyle value. With the Shared Ownership Property Package, we are redefining property ownership by offering a smarter, more flexible way to experience and benefit from real estate,” said a spokesperson from JAYAMAS PROPERTY GROUP.

*Terms & Conditions apply

For More Information:

Hotline: 04-291 3076 / 016-291 6133
Address: No.11, Jalan Casa Residensi, Pusat Perniagaan Casa Residensi, 14000 Bukit Mertajam, Pulau Pinang.
Website: www.jayamasproperty.com

Mah Sing Group Berhad (Mah Sing) yesterday announced the grand opening of M Zenni’s sales gallery. It is Mah Sing’s latest freehold high-rise mixed development located in the vibrant township of Batu Maung, Penang. Strategically positioned at the gateway to the Penang Second Bridge, M Zenni offers residents the combination of urban convenience, natural tranquillity, and sustainable design.

At the sales gallery opening, Mah Sing also celebrated the relocation of its Penang office to a newly refreshed space, enhancing convenience and service for homebuyers. Spanning approximately 7,000 sq ft, the new space offers a spacious layout and enhanced accessibility, providing prospective buyers with an ideal setting to explore Mah Sing’s offerings.

In attendance at the M Zenni’s sales gallery opening was Penang State Executive Councillor for Housing and Environment, Yang Berhormat Dato’ Seri Sundarajoo A/L Somu; Mah Sing’s Founder and Group Managing Director, Tan Sri Dato’ Sri Leong Hoy Kum; Mah Sing’s Group Chief Executive Officer and Executive Director, Dato’ Voon Tin Yow; Executive Director, Dato’ Steven Ng Poh Seng; Chief Executive Officer of Property Subsidiaries, Yeoh Chee Beng, together with the senior management team of Mah Sing.

M Zenni comprises 10 units of commercial shop lots and a 33-storey serviced apartment tower with a gross development value (GDV) of RM309 million. The project features three thoughtfully designed layouts – studio and 1+1 bedroom (688 sq ft), three-bedroom (958 sq ft) and four-bedroom (1,184 sq ft), with indicative prices starting from RM480,000. These options cater to first-time homebuyers, working professionals, and young families seeking modern, safe, and family-friendly living environments.

Mah Sing’s Founder and Group Managing Director, Tan Sri Dato’ Sri Leong Hoy Kum said, “Penang continues to be a strategic growth market for Mah Sing, supported by strong demand from both local buyers and those working within the state’s thriving industrial and technology sectors. M Zenni embodies our vision of delivering well-located, affordably priced homes with quality design, sustainable features, and lifestyle-centric facilities. We see this development as not only meeting the needs of today’s homeowners, but also as an investment in the long-term value and liveability of Batu Maung. As with all our projects, we remain committed to creating developments that strengthen our brand presence while delivering sustainable value to our customers and stakeholders.”

Penang State Executive Councillor for Housing and Environment, Yang Berhormat Dato’ Seri Sundarajoo A/L Somu said: “The Penang State Government is committed to improving the quality of life for residents, in line with the Penang2030 vision. One of the key priorities is providing affordable, high-quality, and comfortable homes for middle- and lower-income groups — something Mah Sing has been consistently delivered through its projects. Mah Sing’s strong commitment to quality, innovative design, and sustainable practices is highly commendable. With infrastructure and economic growth in the state progressing rapidly, Mah Sing’s M Zenni and its upcoming developments will continue to bring value to our communities and contribute to a brighter future for Penang.”

M Zenni – A Serene Sanctuary of Modern Living

Envisioned as a harmonious fusion of nature, architecture, and modern lifestyle, M Zenni draws inspiration from mountain landscapes and Japanese minimalism. The development’s layered terrains, natural materials, and mindful spatial planning transform vertical living into a grounded, tranquil experience, providing a peaceful sanctuary amid Penang’s growing urban and industrial zones.

Aligned with Mah Sing’s commitment to environmentally responsible development, M Zenni will be a GreenRE Gold certified project upon completion. It will feature sustainability-focused elements such as 14 electric vehicle (EV) charging stations, solar energy integration to reduce electricity consumption and carbon footprint. The project will be North-South orientated for optimal natural lighting and ventilation, uses sustainable building materials including low volatile organic compound (VOC) paint, green-certified tiles and cement, an Automated Waste Collection System, and rainwater harvesting system.

“We are excited to bring our successful M Series to Southbay. M Zenni is designed to bring together the best of modern living, community interaction, and nature-inspired tranquillity. Its strategic location, coupled with our commitment to sustainable design, makes it a compelling choice for discerning homeowners and investors alike,” Mah Sing’s Chief Executive Officer of Property Subsidiaries, Yeoh Chee Beng added.

Strategic Location in Batu Maung – Seamless Connectivity and Comprehensive Amenities

M Zenni offers excellent accessibility and convenience, located just 900m from the Second Penang Bridge with direct links to the mainland. It is 4km from the upcoming Penang Silicon Island and adjacent to the Bayan Lepas Free Industrial Zone (FIZ), making it an ideal choice for professionals and industry employees. With direct access to the Tun Dr. Lim Chong Eu Expressway, residents enjoy seamless connections across the island, including a convenient 20-minute drive to Georgetown. The nearest LRT Station (S02 – Permatang Damar Laut) is only 4.6km away, while Penang International Airport is just 7km, offering excellent regional and international connectivity.

M Zenni will also provide a dedicated shuttle van service for residents, covering key points including Queensbay Mall, Penang International Airport, and the upcoming LRT station. This service enhances seamless connectivity and supports a convenient lifestyle for residents.

Education options nearby include SJK(C) Wen Khai (2.1km), SJKC Kwang Hwa (7.5km), Straits International School (7.8km), INTI International College Penang (9.2km), University Sains Malaysia (10.1km), and Fairview International School (11.6km), offering a variety of education options for families.

Residents will also enjoy close proximity to retail and lifestyle amenities such as Giant Bayan Baru (6.5km), Sunshine Square (7.5km), Queensbay Mall (8.0km), Lotus’s E-Gate (10.3km), PWCC (11.2km) and Gurney Plaza (19.7km), ensuring easy access to shopping, dining, and entertainment. For healthcare, Pantai Hospital (6.3km) and Lam Wah Ee Hospital (14.3km) are both within convenient reach.

Surrounding attractions and key landmarks include Zheng He San Bao Gong Temple (0.2km), Penang War Museum (1.5km), Setia SPICE (8km), BJ Golf Club (9.1km), Karpal Singh Drive (14.5km), and Georgetown (17km), offering a mix of cultural, lifestyle, and recreational options. The development also enjoys close proximity to major economic and infrastructure hubs such as Batu Kawan Industrial Park (24km) and the Penang First Bridge (10km), ensuring both lifestyle convenience and connectivity to the island and mainland.

M Zenni sales gallery is now open for the public to explore the show units and scale models. The sales gallery is located in Southbay Plaza, Batu Maung, and is operational from 9.30 a.m. – 6.00 p.m. daily. For more information, interested homebuyers can contact 04 2024269 or visit M Zenni’s official portal at https://mzenni.com.my/

Penang is set to experience years of traffic congestion as construction for the long-awaited Mutiara Line Light Rail Transit (LRT) project gets underway. The six-year project, aimed at improving the state’s public transport network, will bring major road diversions and closures along several of the island’s busiest routes.

According to SRS Consortium project director Adil Putra Ahmad, significant traffic adjustments will be made in Komtar, Sunny Point in Gelugor, and the Free Industrial Zone (FIZ) in Bayan Lepas—three areas expected to face the worst congestion. In particular, Jalan Sultan Azlan Shah in Bayan Lepas, one of Penang’s busiest industrial corridors, will be reduced from six lanes to four.

“Motorists will face diversions at key locations, with traffic lights removed and U-turns introduced to improve traffic flow during a 38-month period from this month until December 2028,” Adil said. He added that utility mapping for underground infrastructure such as water pipes and electrical lines will be conducted before excavation to minimise service disruptions.

Preparatory works for the diversions are set to begin at the end of October, with rerouting and junction closures expected early next year.

Managing traffic during the construction phase will be one of the project’s biggest challenges, said MRT Corp project director Azmi Abd Rahman. “We have minimal buffer space and limited room for diversion,” he noted, assuring that the project has received environmental clearance and contractors must comply with the Environmental Impact Assessment (EIA) plan to control dust and vibration.

Concerns have also been raised by Penang’s industrial stakeholders. InvestPenang CEO Datuk Loo Lee Lian highlighted that around 350,000 people travel daily between the island and mainland for work in the manufacturing sector. “Any downtime due to flooding or congestion can lead to major operational losses. Companies’ HR departments will need to manage employee hours carefully,” she said.

In response, Bayan Baru MP Sim Tze Tzin encouraged companies to adopt flexible work arrangements and promote carpooling to ease peak-hour congestion.

Penang’s infrastructure, transport and digital committee chairman Zairil Khir Johari urged patience from the public, describing the Mutiara LRT as Penang’s most ambitious infrastructure project to date. “The alignment connects key destinations such as USM, Penang International Airport, the Penang Waterfront Convention Centre, and Setia SPICE. It will also link to Penang Sentral on the mainland, integrating with the national rail network,” he said.

Stretching 29km from Silicon Island to Penang Sentral, the Mutiara Line will feature 21 stations. When operational, it is expected to carry 3,000 passengers per hour per direction initially, scaling up to 15,000 passengers per hour by 2060.

While Penangites may face years of traffic disruptions ahead, the state government believes the long-term benefits—reduced congestion, improved connectivity, and sustainable urban growth—will far outweigh the temporary inconvenience.Penang Braces for Traffic Woes as Mutiara LRT Construction Begins

A proposed landed housing project on a 6.85-acre parcel of land along Jalan Tasek in Simpang Ampat. The site is located opposite the newly completed Taman Puteri Emas and is less than five minutes’ drive from XCL International School and Pearl City Mall.

The proposed development consists of 65 units of double-storey terrace houses, 7 units of double-storey shop offices, and a single-storey community hall. It will be developed in multiple phases to accommodate the various components across the site.

The project is currently in the planning stage, and more details will be made available upon its official launch.

Project Name: (to be confirmed)
Location : Simpang Ampat
Property Type : Residential & commercial
Total Units : 65 (terrace), 7 (shop offices)
Built-up Size: (to be confirmed)
Land Tenure : Freehold
Indicative Price :(to be confirmed)
Developer : (Follow us to find out more)

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.

Ever wondered how much properties in your condominium or neighbourhood actually sold for? Not the asking price, not the estimation — but the real, transacted sub-sale prices with SPA signed and stamp duty paid.

PenangPropertyTalk.com proudly introduces a brand-new feature — the Real Transacted Property Prices in Penang, a powerful tool designed to bring transparency and data-driven insight to Penang’s property market.

This new feature provides verified transaction data sourced from the NAPIC giving you direct access to actual sub-sale property prices across the state. From condominiums in George Town to landed homes in Bukit Mertajam, you can now explore the true market movement with just a few clicks.

Users can:

• Search by project name, address, or property type
• View detailed transaction records including transacted price, date, and size
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Whether you are a homebuyer, investor, or simply keeping an eye on Penang’s ever-evolving real estate scene, this tool empowers you to make informed decisions based on real data — not speculation.

And this is just the beginning – In the near future, we’ll be adding more analytical insights, including price trend charts, area comparisons, and market summaries — all to help you understand Penang’s property market in greater depth.

Stay tuned for these updates — and in the meantime, try out the new Real Transacted Property Prices page today!