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SITE PROGRESS: Mezzo @ The Light City (Nov 2022)
About Mezzo @ The Light City The first residential project at The Light City – a large-scale 32.76 acre integrated mixed-use waterfront development by IJM Perennial Development in Gelugor, Penang. Strategically located next to The Light Collection, just a mere minutes drive from Penang Bridge and George Town. It comprises two 34-storey ... Read More
Island Hospital opens its new Peel Wing
Island Hospital has officially opened its new Peel Wing, adding 14 operating theatres and 300 beds. Besides making it the state's first 600-bed private hospital, the 12-storey block is also equipped with the latest infrastructure for advanced and comprehensive healthcare services. This includes personalised health screening, comprehensive care in oncological ... Read More
Flash floods hit 34 areas of Penang after heavy rain
Flash floods were reported in 34 areas of mainland Penang, especially in housing estates, after heavy rain since 5pm. Three general election candidates have suspended campaign activities. Photographs posted by social media users showed streets and driveways awash in about 30cm of water, while flood water entered some houses. Police ... Read More
ATTA Global to acquire 3 land parcels in Batu Maung
Steel products manufacturer and trader Atta Global Group Bhd plans to acquire three sea-fronting parcels of land in Batu Maung, Penang, for RM28 million with an eye to scale up its property development segment. In an exchange filing yesterday, Atta said the proposed purchase will be paid with the issuance of ... Read More
ASE breaks ground on new chip assembly and testing facility in Penang
Leading outsourced semiconductor and assembly and test (OSAT) player, Advanced Semiconductor Engineering, Inc. has embarked on the construction of a new semiconductor assembly and testing facility at ASE Malaysia (ASEM) in the Bayan Lepas Free Industrial Zone. The new facility, with a built-up area of 982,000sq ft, will comprise two buildings ... Read More
CapitaLand Malaysia Trust to acquire Penang’s Queensbay Mall for RM990.5 mil
CapitaLand Malaysia Trust (CLMT) is buying 91.8% of the total strata floor area of retail parcels in Penang's Queensbay Mall from parties related to CapitaLand Investment Ltd (CLI) for RM990.5 million in a related-party transaction. The acquisition sum represents a discount of about 1% to the independent valuation of RM1 ... Read More
UPCOMING: Butterworth / Tah Wah Assets Sdn. Bhd.
Proposed serviced residence development by Tah Wah Assets Sdn. Bhd. in Butterworth. Strategically located at the intersection of Butterworth-Kulim Outer Ring Road and Jalan Bagan Ajam, opposite Orange 3 condominium. Being conveniently connected via BORR, it is only a 5 minute's drive to North-South Expressway and Penang Sentral. Amenities within ... Read More
Acme inks JV to develop 178 acres of land in Balik Pulau
Acme Holdings Bhd is teaming up with Koperasi Kampung Melayu Balik Pulau Bhd (KKMBPB) to jointly develop seven parcels of land measuring about 178.34 acres in Penang into a multi-phased integrated development. In a Bursa Malaysia filing, Acme said its wholly owned subsidiary Ayana Bayu Sdn Bhd (ABSB) had entered ... Read More
SITE PROGRESS: Terraces Condominium (Nov 2022)
About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. (Photo taken in Oct 2022) Find out more ... Read More
PM launched RM113mil People’s Housing Programme in Penang
Seven hundred units of affordable housing will be built in the RM113 million Kepala Batas People’s Housing Programme (PPR) in Penang, said Prime Minister Ismail Sabri Yaakob. Speaking at the PPR’s groundbreaking ceremony on Nov 2, Ismail said the project would help meet the housing needs of the low-income population ... Read More
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- “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
- @Puzzled I believe 80% of that 30% are units reserved for BoonSiew. They have this...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