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Penang govt welcomes Federal’s willingness to consider funding for PTMP
The Penang government will be submitting its application to the Federal Government to seek an allocation to fund the Penang Transport Master Plan (PTMP) once the necessary approvals are obtained. Chief Minister Chow Kon Yeow said the state welcomed the statement by Finance Minister Lim Guan Eng who had said ... Read More
Concern over 40% hike in cement prices
The business community in Penang have raised concerns to the Finance Ministry over the 40% price hike in cement. Real Estate and Housing Developers’ Association Penang chapter chairman Datuk Toh Chin Leong said the increase would affect property prices. He said they were worried that the price hike could be ... Read More
PTMP and PSR would not be scrapped at all cost
Mega projects planned for the state, such as the RM46 billion Penang Transport Master Plan (PTMP) and Penang South Reclamation (PSR), may be modified, scaled down or even reviewed depending on the situation and change in circumstances. Chief Minister Chow Kon Yeow, however, insisted that both projects would not be ... Read More
MAPEX – Home Ownership Campaign 2019
For those of you who want to enjoy the benefits of what the HOC 2019 campaign has to offer, it’s not too late! Make your way to the Malaysian Property Expo (MAPEX-HOC 2019) at Gurney Plaza Penang from 20th June – 23rd June 2019! Organized by the Real Estate and ... Read More
Scientex buys land to expand property development to Penang
Scientex Bhd is buying six parcels of freehold land measuring 7.83 million square feet in Penang to expand its land bank for property development activities to the north from the southern part of Peninsular Malaysia. These land banks are located less than 5km away from Setia Fontaines mega township development ... Read More
Penang rolls out rent-to-own houses
The Penang government is encouraging more people to own homes through its rent-to-own (RTO) scheme. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the state was happy to introduce the RTO scheme to those who could not afford to even buy low-cost homes, due ... Read More
K Park
K Park, an affordable housing development by Ideal Homes Properties Sdn. Bhd. at Balik Pulau, Penang. It is located near the west coast of Penang Island, adjacent to Prestige III housing scheme by PLB Homes. Driving to Balik Pulau town centre will take approximately 10 minutes, under 35 minutes to ... Read More
1 City Condominium
1 City Condominium, an upcoming residential development by Paramount Garden Sdn. Bhd. at Bukit Minyak. Located off Jalan off Jalan Pinang, adjacent to 1 City Shop Offices by the same company. It is just a stone’s throw away from Bukit Minyak Industrial Park, about 5km away from North-South Expressway - Auto ... Read More
Penang govt denies second airport proposal
Chow said that as of now, the state government is proceeding with a plan to commission a study on the future needs of the existing Penang International Airport (PEN) and its surroundings. Nevertheless, he said that the state government is open to proposals for a second airport in the state ... Read More
UPCOMING: Batu Kawan / Paramount Property Sdn. Bhd.
Yet another proposed serviced residence by Paramount Property Sdn. Bhd. at Batu Kawan. It is the third phase of Utropolis master-planned development located between Design Village outlet mall and Aspen Vision City by Aspen Group. Walking distance to KDU University College, which is opening in 2020. This development comprises a mix ... Read More
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- @millionaire Is Queens waterfront near by proposed LRT? Where is the impact to this? Is...Ryu on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- @Ryu Joke or no joke people are professional on property. Believe they have data to...millionaire on Penang’s high-end property prices surge amid strong demand and infrastructure boost
- @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
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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