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Housing prices in Penang aligned with economic trends

The rise in housing prices in Penang correlates with the growth in household income, Datuk Seri Sundarajoo Somu (PH-Perai) said. Replying to an oral question posed by Muhammad Fauzi Yusoff (PN-Sungai Dua) during the State Legislative Assembly yesterday, Sundarajoo, a first-term assemblyman, substantiated his claim with the data reported in the ... Read More
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Seberang Jaya’s new market is set to open in August 2024

The long wait for a more conducive shopping ambience for market-goers in Seberang Jaya, Penang, will be finally over when the new Seberang Jaya Market and Hawker Centre opens to the public in August next year. Construction of the RM19.5mil building on a 5.05ha land in Jalan Tenggiri began in 2019 ... Read More
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Penang’s first integrated senior living resort scheduled for 2026

Penang is set to have the first integrated senior living resort that will be built in Balik Pulau. It is scheduled to be fully completed in 2026. The 32-acre project, known as Eden at Botanica CT (EABC), will feature a nursing care residence and a low-density active living resort comprising ... Read More
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UPCOMING: Simpang Ampat / SA Marvel Sdn. Bhd.

A proposed commercial development by SA Marvel Sdn. Bhd. in Simpang Ampat. Situated strategically along the Federal Route 1 at the intersection of Jalan Perdana. The proposed site is in close proximity to the Northern Lights Private School (NLPS) and the under-construction RITZE Perdana residential scheme, both developed by the ... Read More
maldives-residence-site-progress-nov-2023

SITE PROGRESS: Maldives Residences (Nov 2023)

About Maldives Residences A residential development by Ideal Property Group at Bayan Lepas. Strategically located along Jalan Sungai Tiram 6, just across the road from Havana Beach Residences. It is conveniently connected to Jalan Tun Dr Awang, less than 2km away from Penang International Airport. This development comprises 46-storey building with ... Read More
maya-residensi

Maya Residensi

Waking up to the panorama of the whole Bukit Mertajam township, Maya Inti Sdn. Bhd. Offers you exclusivity and security in a low-density luxury serviced suite strategically located off Jalan Song Ban Kheng, adjacent to Casa Residence and Pusat Perniagaan Casa Residensi developed by the Jayamas Property Group. It’s approximately ... Read More
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Enovix to open its silicon battery plant in Penang with a RM5.8 billion investment

Enovix Corporation, an advanced silicon battery company, will establish its first high-volume manufacturing facility in Penang, marking a significant milestone in the company's global expansion strategy. The company's investment plan was disclosed by Prime Minister Datuk Seri Anwar Ibrahim following a one-on-one meeting held on the sidelines of the Asia-Pacific ... Read More
mainland-plot-ratio

Penang considers standardising plot ratio and density for housing development

In a bid to further stimulate the housing industry on the mainland, the Penang government is looking at standardising the plot ratio and density for housing development. At present, the plot ratio for development projects statewide, depending on the type of project and location, is between 2.8 and 3.5. A ... Read More
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Urban Regeneration Project planned for Mahsuri Flats in Bayan Baru

Moving into a new home can be one of life’s greatest joys. K. Leelavathi has been living at Mahsuri Flats in Bayan Baru, Penang, since 1990 and is looking forward to moving into better housing. The flats have been slated as one of five urban regeneration projects (URP) in Penang ... Read More