Iconic Regency, a mixed development by Iconic Development Sdn. Bhd. at Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, next to SK Sungai Nibong. It is only 10 minutes walk to two future LRT Stations - Sungai Nibong & Pesta Stations. This development will feature a 42-storey serviced suites with ... Read More

The state government will hold a townhall session on the Environmental Impact Assessment (EIA) for the proposed Pan Island Link 1 (PIL 1) on Thursday. Chief Minister Chow Kon Yeow (pic) said the townhall session, to be held at Setia SPICE Convention Centre in Relau from 8pm to 10.30pm, would ... Read More

Eco World Development Group Bhd (EcoWorld) will be launching the first phase of its Brydon collection of semi-detached houses and bungalows in its Eco Horizon township development at Batu Kawan, Penang in the fourth quarter of the year (4Q18). The township’s second collection will comprise, 382 units of semidees with ... Read More

A proposed commercial development by MFMA Development Sdn. Bhd. at Bayan Lepas. Located near Penang International Airport, next to the existing outdoor car parking area.  MFMA Development Sdn. Bhd. is a joint-venture company between Mitsui Fudosan and Malaysia Airports with shareholdings of 70% and 30% respectively. The company owns Mitsui Outlet Park ... Read More

It's happening on 29 September, get ready for one of the biggest property talk in Penang! Either you are a first time home buyer or a property investor, grab the opportunity to meet up face-to-face with the property experts and gurus. Whether the houses are getting 10% cheaper or not, ... Read More

The expected drop of up to 10% in Penang’s housing prices will not include low-cost and low medium-cost houses that are being built at a loss. State Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo said the prices for low-cost and low medium-cost units would remain ... Read More

Housing prices in Penang are set to drop by at least 10% with the implementation of the Sales and Service Tax (SST). Real Estate and Housing Develo­pers’ Association Penang (Rehda) hopes to bring down the overall housing prices by 10% for those costing above RM300,000 and 6% for affordable housing ... Read More

The Federation of Malaysian Manufacturers (FMM) Penang has supported the implementation of the Pan-Island Link 1 (PIL 1) Highway and Penang South Reclamation (PSR) based on the Penang Transport Master Plan (PTMP). The PIL 1 Highway is a 19.5km, dual three-lane highway running from Gurney Drive to Penang International Airport ... Read More

The Federal Government expects a more positive response from housing industry players following its decision to exempt construction services and certain building materials from the Sales and Services Tax (SST). Finance Minister Lim Guan Eng expressed hope of seeing at least some changes in housing prices as the government was ... Read More

Aspen Vision City Sdn Bhd and TM One, the business arm of Telekom Malaysia Bhd (TM), held a signing ceremony to commemorate an award issued to TM for the deployment and provision of extra-low voltage (ELV) service for the first phase of Aspen Vision City-Vervea, the largest gated-and- guarded commercial ... Read More