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affordable-teluk-kumbar-reignview-development

AFFORDABLE: Teluk Kumbar / Reignview Development

The latest affordable housing proposed by Reignview Development Sdn. Bhd. at Teluk Kumbar. This is the third affordable housing within Teluk Kumbar area, located next to Emerald Park gated housing scheme. It is about 5 minutes drive from Penang International Airport via Jalan Teluk Kumbar, just a stone's throw away ... Read More
waterside-residence

Waterside Residence at The Light, Penang launching soon from RM749,000

IJM Land Bhd, the property development arm of IJM Corp Bhd, will launch the Waterside Residence at The Light in Penang sometime in December. The Waterside Residence is the first residential tower of The Light Waterfront phase 2, with an estimated gross development value (GDV) of RM240 million. Situated on ... Read More
penang-sky-cab-1

Penang SkyCab is on track to start work in 2018

Penang is a step closer to having a cable car system traversing the channel between the island and the mainland, as the project has received a nod from the Department of Environment (DoE). State Public Works, Utility and Transportation Committee chairman Lim Hock Seng said the DoE has granted its ... Read More
8-lane highway planned for Gurney Drive

8-lane highway planned for Gurney Drive

An eight-lane highway is planned for Gurney Drive following the completion of reclamation works there which will help disperse traffic created from the Seri Tanjung Pinang 2 (STP2) project at Tanjung Tokong. Penang Public Works, Utilities and Transportation Committee chairman Lim Hock Seng (pix) said the highway was still in ... Read More
Grossyieldperformance

A maturing housing market

The Penang housing market is maturing, says Michael Geh, director at Raine & Horne International Zaki + Partners. The data shows that in the third quarter, properties in the secondary market showed little price movements, compared with the previous quarter and the year before. “I would consider this a mature ... Read More
affordable-housing-penang

Developers’ proceeds to be spent on low cost housing construction projects

The proceeds from the contributions of developers exempted from building affordable housing will be used for low cost and low medium cost housing projects in the state. State Houisng, Town and Country Planning and Housing Committee chairman Jagdeep Singh Deo (pix) said the funds would be used for projects in ... Read More
upcoming-mixed-development-batu-maung-jayamas

UPCOMING: Batu Maung / Jayamas Pintar Sdn. Bhd.

This is a newly proposed development by Jayamas Pintar Sdn. Bhd. at Batu Maung. Initial information shows that it is located within the vicinity of Southbay City by Mah Sing Group, but the exact location is yet to be confirmed. The proposed development will see the construction of a 42-storey ... Read More
affordable-paya-terubong-patsifit-construction

AFFORDABLE: Paya Terubong / Patsifit Construction Sdn. Bhd.

Another proposed affordable housing by Patsifit Construction Sdn. Bhd. at Paya Terubong. It is located adjacent to Bukit Awana Condominium, accessible via Tingkat Paya Terubong 2. This development will feature a 22-storey residential building, comprises 205 affordable units with standard unit size of 850 sq.ft. This project is still pending ... Read More
amaris-seaside-homes

Amaris Terraces to be ready next year-end

Eastern and Oriental Berhad (E&O) treated some 150 of its loyal customers to an exclusive preview of its new Amaris Terraces By-The-Sea in Penang. Guests were first briefed on the project at the E&O Sales Gallery in Seri Tanjung Pinang before being whisked away for a tour of the impressive ... Read More
brands-at-design-village-tn

Brands at Design Village (Penang Premium Outlet)

Penang’s latest track of outlet stores will be opening in just under five days at Batu Kawan. The Design Village, also known as Penang Premium Outlets, will house dozens of luxury brands on a 28 acres of land. The outlet mall will be opening on 23 November @ 6PM. Here is the ... Read More