Version: CN
The Penang Light Rail Transit (LRT) project is an exciting development that aims to enhance public transportation in Penang, Malaysia.
This exciting initiative is not only set to transform the way people move around the island but also offers a golden opportunity for savvy investors.
Let’s discover what the Penang LRT is, and some attractive properties curated just for you!
Penang LRT
1. What to know about the Penang LRT
The LRT system is part of the Penang Transport Master Plan (PTMP), which includes an integrated network of transportation solutions.
The proposed LRT line, known as the Bayan Lepas LRT, will cover a distance of approximately 29.9 kilometers.
It is envisioned as the main North-South rail backbone on the island.
The construction for the LRT line is set to begin by Q4 2024, and the first phase is estimated to complete by 2030.
2. Stations and Connectivity
The LRT will have a total of 27 stations. 19 stations will be located along a 22-kilometer stretch of the island.
Another eight stations are planned for the three proposed reclaimed islands off the southern coast.
The main LRT line will connect Komtar in George Town (city center) to the Penang International Airport in Bayan Lepas (southern part of the island).
After the Federal Government took over the implementation, the route was extended to include Tanjung Bungah as well.
Underground and Undersea Stations
Some of the proposed LRT stations will be built underground and located underneath the city center of George Town.
One of these underground stations will serve as a major interchange for a future undersea train line connecting the island to a large area of Seberang Perai (from Kepala Batas to Simpang Empat).
3. Projects nearby the Penang LRT
The Penang LRT routes weave through some of the most sought-after neighborhoods, putting your real estate investments right in the heart of the action.
Whether it’s the vibrant city center or the picturesque coastal areas, the LRT ensures that your properties are conveniently situated in prime locations.
i. Lucerne Residences
Lucerne Residences is close to an established network of facilities and hotspots, including schools, banks, markets, hypermarkets, and malls.
Domestic and international travel is also an effortless delight, as it is within proximity to the two Penang Bridges and Penang International Airport.
More info: Lucerne Residences
ii. The Loft @ Southbay City
Services and amenities are aplenty in the towns surrounding The Loft, like Batu Maung and Bayan Lepas.
It is also well-positioned 1 km from the Second Penang Bridge, 3 km to the Queensbay Mall, and 7 km to the Penang International Airport.
Penang’s capital city George Town is also just 15 km away.
More info: The Loft @ Southbay City
iii. Imperial Grande
It is situated in a mature and self-sustaining township complete with unbeatable facilities and infrastructure.
Be it shopping, food outlets, schools or entertainment, everything is within minutes reach.
More info: Imperial Grande
iv. Imperial Residences
Imperial Residences benefits from its proximity to everyday conveniences and key highways connecting it to the island and mainland via the Second Bridge link.
As for the ease of air travel, the Penang International Airport is just a short drive away.
More info: Imperial Residences
v. Havana Beach Residences
Necessities are within convenient reach at Havana Beach Residences.
Around the vicinity is international and local schools, a hospital, F&B hubs, banks, supermarkets, lifestyle malls and wet markets.
Situated along Penang’s first LRT route, the development is just a stone’s throw from the LRT’s Sungai Tiram and Penang International Airport stations.
More info: Havana Beach Residences
vi. D’Zone Condominium
Situated along Jalan Teluk Kumbar, D’zone is located close to Penang 2nd Bridge, just minutes away from the established neighbourhoods of Sungai Ara and Bayan Baru.
Residents can enjoy convenient access to major highways, public amenities and township facilities.
More info: D’zone Condominium
vii. Urban Suites
How would you fancy being lavishly picked-up and dropped-off in a Bentley?
Here, you can expect this one of a kind service, offered only in Penang as part and parcel of its luxurious lifestyle.
More info: Urban Suites
viii. Grace Residence
Situated between Jalan Sultan Azlan Shah and the Tun Dr. Lim Chong Eu Expressway, Grace Residence is within reach of amenities in town and along the busy Jalan Sultan Azlan Shah.
Banks, restaurants, hawker centres, mini markets, clinics, and the like are all easily found, while schools are also aplenty in Jelutong.
More info: Grace Residence
ix. Triuni Residences
This luxurious gem is strategically positioned between the iconic Penang bridges, offering easy access to both George Town’s vibrant heart and the thriving Bayan Baru.
Brought to you by the very same owner and developer behind The Ritz-Carlton Penang.
More info: Triuni Residences
x. Queens Waterfront
In Bayan Indah, Queens Waterfront will be near the town center and Queensbay Mall, where you can find restaurants, entertainment, banks, boutiques, and grocery stores.
With 70 berths available at the large public marina, you can easily find a space to dock your prized luxury yacht.
More info: Queens Waterfront
The Penang LRT project aims to address the need for more efficient public transportation on the island.
Once completed, it will significantly improve connectivity, making it easier for both locals and tourists to travel around Penang.
In a city known for its traffic, this LRT project is a welcome development that promises convenience and accessibility for all!
This is your chance to live and invest in Penang! Our property professionals in IQI will be happy to help you purchase your Penang property. Leave your details below now!
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