Heng Guan Development (HGD) has broken ground on the Balik Pulau Commercial Centre (BPCC), a boutique commercial development located within the Balik Pulau township on Penang Island.
Heng Guan Development (HGD) CEO Lim Tiong Haan; chairman Datuk Seri Lim Tiong Chin; executive directors Andrew Lim Hwa Eng and Melvin Lim Hwa Aik; partners Lim Hang Kok, Lim Han Nge and Datuk Teoh Teng Chor; HG Group directors Lim Pee Tong, Datuk Lim Tiong Boon and Lim Teong Khoon; and G Mark executive directors Tan Ze Hau and Tan See Chong.
In a statement, the developer said the project comprises 13 two-storey shop offices with built-up areas ranging from 2,800 sq ft to 3,802 sq ft. The development carries a gross development value (GDV) of RM18.3 million and is being built on a 1.46-acre site.
HGD noted that the project was fully taken up prior to construction, with all units acquired to consolidate premises for a supermarket operator serving the surrounding residential community.
Situated in the Balik Pulau area, BPCC is designed as a neighbourhood-scale commercial development aimed at supporting nearby residential areas, including Prince of Wales International School and several established housing communities.
The developer said the project reflects its strategy of delivering community-focused developments while expanding its footprint across the Northern Region.
“BPCC represents another milestone in HGD’s continued growth in the Northern Region. As we expand our development portfolio, we remain committed to delivering well-positioned projects that meet the evolving needs of local communities,” the company said.
HGD added that the development forms part of its broader plan to introduce community-scale commercial projects in emerging growth areas, particularly where expanding residential populations are driving demand for neighbourhood retail and services.
The company currently has several development activities across Penang and Kedah, as it gradually broadens its presence beyond its traditional markets.
Construction of the Balik Pulau Commercial Centre is expected to commence immediately following the groundbreaking ceremony.
