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 Ceria D’ Eco Horizon,Penang, Batu kawan

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TSplouffle0789
post Jan 15 2024, 08:43 AM, updated 2y ago

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Ceria D’ Eco Horizon, a commercial development by Eco Horizon Sdn. Bhd. in Batu Kawan. Located along Bandar Cassia Expressway, this will be a new commercial addition to Eco Horizon master-planned development in Batu Kawan.



In a sector report, Maybank Investment Bank Research (Maybank IB) identified



S P Setia Bhd, (8664)

Eco World Development Group Bhd (EcoWorld), (8206)

Tambun Indah Land Bhd, (5191)

IJM Corp Bhd (3336)



to be among the main beneficiaries from the growing Penang property market.



It is diagonally opposite the IKEA store, just a mere minutes drive from the home of many MNCs and Penang 2nd Bridge.

user posted image

This development comprises a 31-storey serviced residence featuring a total of 1,302 residential units with 8 levels of car parking podium.


Some of the common facilities include a gym, swimming pool and multipurpose hall



Eco Horizon’s First High-Rise

Eco Horizon is a lush green township with a series of residential precincts and commercial centres set amidst charming British colonial architecture.


One of them is the well-loved Borealis, a vibrant commercial hub offering a variety of dining, entertainment and leisure options. It houses popular brands such as

Starbucks Coffee, Subway, Family Mart and more.


It’s definitely a place that you and your loved ones can spend time together!

Ceria D’ Eco Horizon, the long awaited first high-rise dwelling in the Eco Horizon township is finally here.


Its layout comprises three bedrooms and two bathrooms, with built-ups of 1,000* sqft.


Units offer two car parks, semi-fitted* furnishings and a range of essential amenities and security.




Project Name : Ceria D’ Eco Horizon
Location : Bandar Cassia, Batu Kawan 14100
Property Type : Commercial
Tenure: Freehold



Built-up Size: 1,000sq.ft. onwards
Blocks: 2
Total Units: 1,302 (serviced residence)
Indicative Price : RM460,000 onwards
Developer : Eco Horizon Sdn. Bhd.

This post has been edited by plouffle0789: Jan 15 2024, 08:57 AM
TSplouffle0789
post Jan 15 2024, 08:57 AM

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Micron president and CEO Sanjay Mehrotra says, for the past 10 years, the US-based memory chip giant has had a strong manufacturing presence in Muar, Johor.


In 2018, the group expanded in Penang.

“We currently have 4,000 team members in Malaysia and, over the course of the next couple of years, we plan to add 2,000 members in Malaysia. Many of them have a strong technical background in engineering and manufacturing,” says Sanjay, 63, an Indian-American business executive who co-founded SanDisk in 1988.

In November 2018, Micron announced a RM1.5 billion greenfield investment plan for its centre of excellence for solid-state drive (SSD) assembly and test in BKIP.




“In Batu Kawan, we have a factory that went into operation in January this year. We have also been building an equally large second factory right next to the first one in Batu Kawan, which will nearly double the size of our manufacturing operations in Batu Kawan,” Sanjay discloses.

Micron’s facilities in Muar and Penang are for the state-of-the-art assembly and test of NAND solutions, dynamic random-access memory (DRAM) components and DRAM modules. In BKIP, the group will be making SSDs.

“Phase 2 is already being built and will go into production next year. We’re not providing financial metrics with respect to capital investments, but Phase 2 is nearly as large as Phase 1 in Batu Kawan.



We plan to have some of the most advanced products assembled and tested in Malaysia to the highest-quality standards to ultimately meet the market requirements that are present in notebook PCs, data centres, smartphones and a variety of consumer and industrial applications,” Sanjay adds.

He stresses that Malaysia will continue to be an important part of Micron’s global footprint.





Lam Research International Sdn Bhd (LRI) general manager Soon K Kuek believes Malaysia has established a reputation as a preferred location for the semiconductor and electrical and electronics (E&E) industries.





Company Name LAM RESEARCH INTERNATIONAL SDN. BHD.
Company Registration No. 1363305U / 202001006985
Nature of Business ACTIVITIES OF HOLDING COMPANIES;WHOLESALE OF OTHER MACHINERY FOR USE IN INDUSTRY, TRADE AND NAVIGATION AND OTHER SERVICES N.E.C.;OTHER MANUFACTURING N.E.C.
Date of Registration 2020-02-26
State PULAU PINANG





PMT 789, Persiaran Cassia Selatan 1,
Batu Kawan Industrial Park,
14100 Batu Kawan,
Penang ,Malaysia.

“This is especially true for Penang, which has an already-robust E&E ecosystem and is a regional hub for back-end hi-tech machinery and equipment, as well as the world’s leading location for semiconductor test and assembly,” she points out.

Lam Research, a global supplier of wafer fabrication equipment, had invested close to RM1 billion in its new manufacturing facility at BKIP. The investment amount encompasses the total cost, including land, building, equipment, fittings and cost of operations.

Its LRI site in Batu Kawan has a built-up area of more than 800,000 sq ft to meet rising demand, and the company plans to employ 600 people by year-end to support its growth.

Soon says BKIP is an extension of the Bayan Lepas Industrial Park, which has established itself as part of Penang’s ever-growing E&E ecosystem.

“Thus, we do not see Batu Kawan displacing or outshining Bayan Lepas. Instead, BKIP and Bayan Lepas Industrial Park will complement each other and bring greater growth and development to Penang’s E&E ecosystem,” she explains.

Soon adds that Batu Kawan, like Bayan Lepas, offers unique selling points that make it a highly attractive location for any potential investor, not only for those in the semiconductor industry but also hi-tech manufacturing companies in general.

“Some of the key offerings are the available infrastructure that complements our industry well, ease of doing business, low cost of operations, availability of skilled labour, use of English as a common language, and centrality of the country’s location that makes it a gateway to Asia-Pacific.


These are some of the key reasons we believe Penang is able to continue to be a prominent destination for foreign investors,” she observes.

This post has been edited by plouffle0789: Jan 15 2024, 08:59 AM

 

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