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BNM raises OPR by 25 bps again, to 2.5%
Bank Negara Malaysia (BNM) has raised the overnight policy rate (OPR) by 25 basis points (bps) to 2.50%. This is the central bank’s third consecutive rate hike. In a statement, BNM said that despite continued easing in global supply chain conditions, inflationary pressures have remained high due to elevated commodity ... Read More
SITE PROGRESS: Anggun Residences (Sept 2022)
About Anggun Residences Anggun Residences located beside Design Village Outlet Mall in Batu Kawan is the flagship residential project undertaken by PE Development (Penang) Sdn Bhd, a subsidiary of PANSAR Berhad in West Malaysia. Designed as a condotel concept, these 496 units of spacious 3-bedroom apartments comes with maximised functional ... Read More
PDC calling for RFT for Sia Boey Urban Archaeological Park
The state government, through the Penang Development Corporation (PDC), is now calling for the Request For Tenancy (RFT) for its Sia Boey Urban Archaeological Park. Chief Minister Chow Kon Yeow, who is also the PDC chairman, said the primary goal of the RFT is to revitalise Sia Boey and to ... Read More
Penang proposes to MoF prioritizing 10 projects for national Budget 2023
Penang government has proposed a total of 10 priority projects in the state to be considered by the Ministry of Finance (MoF) for the national Budget 2023. Chief Minister Chow Kon Yeow said these 10 priority projects, with an estimated cost of RM2.27 billion, could have a major impact on ... Read More
Aspen Group unveils upcoming project in Aspen Vision City
The masterplan developer in Batu Kawan, Aspen Group, will be unveiling an upcoming project named Versa in Aspen Vision City. With a price range starting from RM350,000 for its residential units, Versa offers comfort living at an affordable price tag and gives everyone the opportunity to own their first home ... Read More
Versa
Versa, a condominium development by Aspen Group at Batu Kawan. Located adjacent to Vivo Executive Apartment, this development will enjoy the benefit of being near to the upcoming Klippa Shopping Centre and Central Island Park. The development will consist of two blocks of skyscrapers with nine commercial units. It offers various facilities including ... Read More
HARRIS Sunshine Penang in Ayer Itam to be ready by 2nd half of next year
Crimson Omega Sdn Bhd and Ascott International Management (Malaysia) Sdn Bhd joined forces to develop the Harris Sunshine Penang hotel at Sunshine Central in Ayer Itam. Crimson Omega chief executive officer Cynthia Hwang said Sunshine Central is a mega project which consists of a retail mall, office tower, hotel, service ... Read More
SITE PROGRESS: Sinaran Residences (Sept 2022)
About Sinaran Residences @ Utropolis The residential component in the third phase of Utropolis development by Paramount Property at Batu Kawan, Penang. It is strategically located along Bandar Cassia Expressway, with walking access to Design Village outlet mall and UOW MALAYSIA KDU Penang University College. Driving to Penang International Airport will ... Read More
Island Plaza is set for a new revival
A Hong Kong businessman, who is among many on the lookout for prime land and buildings in the state, has snapped up the long-neglected Island Plaza in the area and promises to make it a big draw again. The buyer, known only as Law, said he would bring Hong Kong’s ... Read More
State govt submits new EIA for Penang South Reclamation project
The Penang state government has submitted a new and updated Environmental Impact Assessment (EIA) for the Penang South Reclamation (PSR) project even as the state’s judicial review application to reinstate the approval for the original EIA hits a snag. Penang state exco Zairil Khir Johari said the state is going ... 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