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Air Itam Line
Besides the Bayan Lepas belt, the other two relatively high density development corridors in Penang Island are the western Ayer Itam and northern Tg Tokong corridors. Adopting a similar approach by matching system capacity with projected travel demand, the monorail system has been identified as the most appropriate mode for ... Read More
Half of overhang units are homes priced at RM300,000 and below
Deputy Finance Minister Datuk Chua Tee Yong expects the Malaysian housing property market to further soften this year. He sees developers focusing on the more affordably-priced homes. He is correct on both counts. Speaking to reporters after launching the National Property Information Centre’s (Napic) 2015 Property Market Report on April 19, ... Read More
Property Stratagems 2016
For the first time in 2016, Property Stratagems is coming to beautiful Penang. We have assembled the Heavyweights in the property investment scene in Malaysia all in one place on the 23 & 24 April in Northam All Suites Penang. These Speakers and Trainers have very busy schedules and it ... Read More
Juru Interchange Upgrade
As part of the Penang Transport Master Plan (PTMP), the Juru Interchange is expected to be upgraded into a "Diverging Diamond Interchange". Also called a double crossover diamond interchange, is a type of diamond interchange in which the two directions of traffic on the non-expressway road cross to the opposite side on ... Read More
Mahkota Promenade
Mahkota Promenade, an upcoming commercial development with direct frontage along Jalan Rozhan and AEON Mall. It is located right in front of Mahkota Impian Serviced Apartment, about five minutes walk from AEOM Mall and Tesco Hypermarket. This development comprises 23 unit of 3-storey shop offices with mezzanine floor. Indicated price starts ... Read More
Juru Interchange Upgrade
The proposed upgrading of the Juru IC will help address the severe congestion that occurs at the interchange along the North South Expressway and at the Jalan Kebun Nenas-Jalan Perusahaan signalised T–junction, which is only 160m west of NSE. One of the main problems that cause congestion at the existing ... Read More
Penang commercial property transaction value up by 19%
Commercial property transactions were down in both value and volume last year compared to the previous year. According to the National Property Information Centre’s (Napic) 2015 Property Market Report, a total of 31,776 transactions worth RM26.4bil were recorded in the commercial property segment last year. This was down by 10.6% ... Read More
Fewer property launches seen due to softening market and bleak household sentiment
There will be fewer new property launches this year in light of the softening market and bleak household sentiment. According to the National Property Information Centre’s (Napic) 2015 Property Market Report, the number of new launches fell to 70,273 units, down by 19.2% against 2014 (88,997 units). However, Deputy Finance ... Read More
Property sales recovery likely in H2
Property sales are expected to recover in the second half of 2016, driven by higher consumer confidence and improved economic outlook. CIMB Research in a report said it is maintaining an “overweight” call on the local property sector, adding that the situation was “not as dire as initially thought.” Following ... Read More
Penang George Town – Butterworth LRT Line
The 18km George Town-Butterworth LRT line will begin at The Light Station (on the Bayan Lepas LRT line) and terminates at Sg Nyiur Station for interchange transfer with Raja Uda-Bkt Mertajam Monorail line. Besides accommodating a panoramic sea view, the LRT line offers an efficient alternative connection – the fifth ... Read More
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- @Puzzled I believe 80% of that 30% are units reserved for BoonSiew. They have this...walter on Lumina Residence
- @Puzzled I'm dilemma of Lumina or Queens residence Q3. I have 1M budget here but...JC on Lumina Residence
- Correct. Ang Mos/expats holding senior position prefer locations that offer a well blend of greenery,...Puzzled on Lumina Residence
- @Ora small issue. the condo market value is approaching 900k now ...chookimhock on The Cube
- @Ora 500k? Daily rob!! Seaview condo!! ...Ryu on The Cube
- @damien I would be more worry if my apartment/house is on or next to hill...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Ryu Ya, agree with you that normally seafront coastline properties will get hit in a...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @KC I heard my friends said he bought the zen paying 500+k and the unit...Ora on The Cube
- @damien Why worry? I have many house. Later repair. No problem. Seafront coastline is normal...Ryu on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Oh nice Haha, not worried, just saying. According to disaster dept analysis, during the recent...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
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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