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![service-apartment-praicon](https://img2.penangpropertytalk.com/wp-content/uploads/2015/10/service-apartment-praicon-144x144.jpg)
UPCOMING: Butterworth / Praicon Corporation Sdn. Bhd.
A proposed high-rise commercial development by Praicon Corporation Sdn. Bhd. in Butterworth, Penang. Strategically located along Jalan Chain Ferry, walking distance to Econsave Hypermarket, just a short drive to Harbour Place integrated development by PJD Group. This development will consist of a 27-storey commercial building with 154 units of service ... Read More
![bayu-nyaman-site](https://img1.penangpropertytalk.com/wp-content/uploads/2015/10/bayu-nyaman-site-144x144.jpg)
Four options given to squatters
A developer has offered four compensation options to residents of 823 squatter units in Sungai Nibong Kecil and Sungai Nibong Tengah, Penang, who have to make way for a mixed development project. The options given by Hunza Properties Berhad are cash, cluster houses in Bertam and low-cost flats in Bertam ... Read More
![Budget 2016_logo](https://img3.penangpropertytalk.com/wp-content/uploads/2015/10/Budget-2016_logo-144x144.jpg)
Budget 2016: What’s in it for housing?
First-time buyers of affordable houses not left out too Various house ownership programmes for all levels of income have been allocated for in Budget 2016. Prime Minister Datuk Seri Najib Tun Razak said PR1MA would build 175,000 houses, which will be sold at 20% below market prices, with an allocation ... Read More
![house-up](https://img2.penangpropertytalk.com/wp-content/uploads/2015/10/house-up-144x144.jpg)
Average cost of Malaysian homes hits the RM300,000 mark in 1H15
The median home value in Malaysia has hit the RM300,000 mark in the first half of 2015 (1H15), with Selangor, Penang, Sabah and Sarawak continuing to exceed the average price since 2004. Preliminary data for the second quarter of 2015 showed the Malaysian Housing Price Index registering 220.2 points, which ... Read More
![PENANG_ZAINAL_ABIDIN_OSMAN_201015_TMIHASNOOR_01](https://img1.penangpropertytalk.com/wp-content/uploads/2015/10/PENANG_ZAINAL_ABIDIN_OSMAN_201015_TMIHASNOOR_01-144x144.jpg)
PR1MA mulling over housing project takeovers in Penang
The federal government’s 1Malaysia People’s Housing Scheme (PR1MA) in Penang may see projects by other developers being taken over, Penang Federal Action Council chairman Datuk Seri Zainal Abidin Osman said yesterday. He said PR1MA was looking at projects that had run out of funds, and even completed projects, so as ... Read More
![upcoming-hunza](https://img3.penangpropertytalk.com/wp-content/uploads/2015/10/upcoming-hunza-144x144.jpg)
Hunza acquires land in Penang for Affordable Housing
Hunza Properties Bhd is buying 9.7 acres of freehold land in Penang for RM57.02mil to develop affordable houses for qualified buyers. In a filing with the local stock exchange yesterday, Hunza said its wholly-owned unit, Diamaward (M) Sdn Bhd, had signed a sale and purchase deal with property developer WLB ... Read More
![The SPICE Aquatic Club, featuring a children’s water theme park with party corner (left) and Olympic-size swimming pool (right), was completed last month. Photos: CHAN BOON KAI/The Star.](https://img1.penangpropertytalk.com/wp-content/uploads/2015/10/metn_2w_2110_pkk2_4-144x144.jpg)
SPICE project to wrap up final 20% of construction by end 2016
The RM350mil Subterranean Penang International Convention and Exhibition Centre (SPICE) project in Bayan Baru is 80% done and should be completed by the end of next year. Among the components already up are the SPICE Aquatic Club (RM16mil), SPICE Canopy comprising F&B retail outlets (RM28mil) and the upgrading of the ... Read More
![the-retreat-the-reserve](https://img3.penangpropertytalk.com/wp-content/uploads/2015/10/the-retreat-the-reserve-144x144.jpg)
The Retreat & The Reserve
The Retreat & The Reserve, a strata development scheme by Techware Enterprise Sdn. Bhd. at Bukit Tengah. It is strategically located along Jalan Indah, just a mere minutes drive away from Maju Jaya Business Center. This development comprises a mix of 27-storey condominium and 10 units 3-storey terrace houses. Indicative ... Read More
![table-1](https://img2.penangpropertytalk.com/wp-content/uploads/2015/10/table-1-144x144.gif)
Rising property prices – paper gains mean nothing
By National House Buyers Association In our article last month, we highlighted the report by Khazanah Research Institute on ‘Making Housing Affordable’, which showed that the Malaysian all-house price index grew steadily at a compounded annual growth rate (CAGR) of 3.1% from 2000 to 2009, and suddenly accelerated at a ... Read More
![Penang, August 7 2015 - Asian Green Properties Sdn Bhd Director Tan Li Mei. Photo by Shahrin Yahya](https://img2.penangpropertytalk.com/wp-content/uploads/2015/10/20150807_PEO_TAN-LI-MEI-2_MSY-144x144.jpg)
Asia Green to build residences overlooking Penang’s Pulau Jerejak
From its beginnings in plywood production and manufacturing, Penang developer Asia Green Group has become a diversified business entity with a fast-growing property development business. The group will launch its upcoming QuayWest Residence, a mixed-use development project with a gross development value of RM600 million, early next year. Located just ... Read More
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- The current Teluk Kumbar New Market also no tenant occupied and go build a new...MajorArches on Construction of the new Teluk Kumbar market complex is expected to begin November
- What the people really need is a hypermarket, lotus/sunshine/giant... not another pasar awam. Look at...Lim on Construction of the new Teluk Kumbar market complex is expected to begin November
- Something wrong with this project liao. Earliest comment is May2024. Seems like someone trying to...WC_ong on Twin Star
- @momo Stay home, don't go out, cars can get you killed too. ...Islander on Penang Island-Mainland rail bridge will be the 2nd sea-crossing rail connection in South-East Asia
- @momo This wont go over a busy sea lane lah u idiot! Hahahaha!! ...Woon on Penang Island-Mainland rail bridge will be the 2nd sea-crossing rail connection in South-East Asia
- The Baltimore Key Bridge collapsed after being hit by a Singaporean flagged Cargo Ship should...momo on Penang Island-Mainland rail bridge will be the 2nd sea-crossing rail connection in South-East Asia
- I very much wanted to see as I'm already. Eager to travel ASAP. ...Sekar subramaniam on Penang Island-Mainland rail bridge will be the 2nd sea-crossing rail connection in South-East Asia
- @Batu Kawan Bay Doesn't really matter where you buy. The price can go up to...Captain Light on Vivo Executive Apartment
- @Penangite Agree with you. This LRT thing has been all talk but no action since...Captain Light on Penang Island-Mainland rail bridge will be the 2nd sea-crossing rail connection in South-East Asia
- @Not AG Everything talk based on fact instead of criticism. If you have bullet then...Hee Chan on Muze @ PICC
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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