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Gurney Wharf will cost at least RM200mil, to be completed in 2025
The cost of developing the Gurney Wharf waterfront project has increased by 12 per cent to RM200 million. According to Penang Chief Minister Chow Kon Yeow, the project's cost has been increased by RM24 million to RM200 million and it could rise further in the future due to escalating costs ... Read More
Straits City waterfront development masterplan unveiled
The master plan for the RM3 billion Straits City in Penang, the flagship development by Singapore Exchange-listed The Straits Trading Co Ltd and Malaysia Smelting Corp Bhd (MSC), has been revealed. Straits City is a 16.19-hectare (ha) mixed-use development in Butterworth's excellent seaside core business district. It has residential, retail, ... Read More
Klippa Shopping Centre and mixed-use development at Batu Kawan
Ikano Centres has officially unveiled ‘Klippa’ as the name of its retail destination and mixed-use development, which aims to be the cultural heart and hub for the growing Batu Kawan township. Ikano Centres is part of Ikano Retail, which owns IKEA stores in five countries as well as shopping centres that ... Read More
UPCOMING: Bukit Minyak / Thunderflash Realty SB.
A proposed gated and guarded residential development by Thunderflash Realty Sdn. Bhd. at Bukit Mertajam. Located along Jalan Bukit Minyak, just a mere minutes drive to AEON Big hypermarket at Bukit Minyak. It's about 5km away from Bukit Mertajam Town Center, 10km to Penang bridge. This development will offer 65 ... Read More
Licensed homestays allowed in Penang
Homestays in Penang are allowed to operate as long as they are issued a licence to operate by the Tourism, Arts and Culture Ministry, says Jagdeep Singh Deo. The state Local Government, Housing, Town and Country Planning Committee chairman said he had no qualms with homestays as long as they were ... Read More
Gurney Wharf breaks ground today
The much-awaited Gurney Wharf project, an initiative of the Penang government, will be gradually opened to the public when it is safe to do so as it enters the construction phase following a ground-breaking ceremony at the Gurney Drive today. Chief Minister Chow Kon Yeow said the project, costing an ... Read More
Vacant F&B lots in Komtar Walk up for rental
Prospective tenants looking for a place to rent to operate businesses can consider Komtar Walk as three food and beverages (F&B) lots are available for rental. Penang Development Corporation (PDC) chief executive officer Aziz Bakar revealed that four out of the seven F&B lots have been snapped up by tenants ... Read More
New Esplanade in Penang to be launched on May 13
Penangites will be able to experience the new Esplanade with the completion of its seawall upgrading project. Penang Island City Council (MBPP) secretary A. Rajendran said the RM14mil Esplanade seawall upgrading project has been completed and will be launched on Friday (May 13). "The project has been completed," he said ... Read More
BNM increases OPR by 25 basis points to 2.00%
Bank Negara Malaysia's Monetary Policy Committee (MPC) has decided to increase the overnight policy rate (OPR) by 25 basis points (bps) to 2.00 per cent. The central bank said the ceiling and floor rates of the corridor of the OPR are correspondingly increased to 2.25 per cent and 1.75 per ... Read More
Government urged to cut red tape and development fees to make houses cheaper
To lower the cost of a house, the government and state authorities need to cut red tape and fees associated with housing developments. National Housing Buyers Association (HBA) honorary secretary-general Datuk Chang Kim Loong said cutting bureaucracy by 50% would help developers bring down costs. He said whatever extended time ... Read More
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- @rocky Queens waterfront is good? This is really a joke & full with night racing...Ryu on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- “Among the projects that will benefit from the LRT project are the Queens Residences @...rocky on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- @Sam How was the progress afterward? ...Nick on The Cube
- @MajorArches why say like that? i see from overall the project quite nice... ...i love prima on Early completion of Ideal Residency: PR1MA delivers keys to 20 proud homeowners
- @Ashraf Not really far away. Rm740k is unfurnished & renovated. If you engage ID for...chookimhock on The Cube
- @chookimhock Just saw online portals current highest selling price still rm740k only, still far away...Ashraf on The Cube
- Good Luck to all those first time buyers... LOL ...MajorArches on Early completion of Ideal Residency: PR1MA delivers keys to 20 proud homeowners
- @JC It's not a wise decision to dump all 1M in a same bucket. Lumina...Ryu on Lumina Residence
- @walter Nowadays agent all so kids, how many are them really know about property? Last...honda on Lumina Residence
- @JC If both city views, Lumina will get super hot evening sun, while Queens will...walter on Lumina Residence
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams