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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
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
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
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
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
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
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
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
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
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RECENT COMMENTS
- 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
- @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)
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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