SP Setia Bhd is acquiring five parcels of land measuring a total of 677.8ha in Seberang Perai Utara, Penang from Boustead Plantations Bhd (BPB) for RM620.12 million in cash. In a filing with Bursa Malaysia today, S P Setia said its wholly-owned subsidiary Setia Recreation Sdn Bhd had entered into ... Read More

Another proposed strata development by Venn Signature Sdn. Bhd. in Butterworth. It is strategically located along Jalan Kampung Gajah, just a stone's throw away from Nautical Bay by OHM Group. This development will see the construction of a 15-storey condominium offering 92 residential units with panoramic view of Penang Island. Project ... Read More

The Campbell Street market will undergo a major upgrade next year to give it a new lease of life. The century-old market, located at the junction of Campbell Street and Carnavon Street, has experienced a drop in business in recent years as the building’s structure deteriorated over the years. After ... Read More

Damai Springs, an upcoming residential development by Airmas Group in Bukit Mertajam. It is located at Jalan Betek, diagonally opposite Residensi Harmoni gated and guarded housing scheme. This development will see the construction of a 15-storey condominium, offering 138 residential unit with built-up size ranging from 1,371 sq.ft. onwards. There will ... Read More

* THIS PROJECT IS CANCELLED * Mpire Residences, an upcoming 57-storey mixed development by Paramount Solaris Sdn. Bhd. in Bayan Lepas, Penang. It is located next to The Clovers by Asia Green, about 3km away from Penang International Airport. This development comprises a 5-level shopping mall, 20-level hotel and two residential towers with recreational ... Read More

Eco World Development Group Berhad [EW Berhad or EcoWorld] celebrated the most wonderful time of the year at its EcoWorld Gallery @ Eco Meadows with a special runway collection of bridal gowns in conjunction with the Group’s on-going Let Love Snow Christmas celebrations. The fashion parade was set up by ... Read More

Assumptions that the world is flat and people would fall over the edge if they went to the end of the horizon disappeared over 3,500 years ago because that non-existent edge gets farther as people climbed higher. Stand at sea level and your horizon is 4.7km away. But on Level ... Read More

Affordable housing has been the key growth driver for Penang residential property sector in the past two years. Today there are already 17 projects under construction while at least 26 more are in the pipeline. Aiming to stimulate the sale of affordable housing, the developers are allowed to sell 30% of ... Read More

Avalon Place, an upcoming residential development by PLB Homes in Air Itam, Penang. It is located off Solok Zoo 1, just a short drive away from Sunshine Farlim and All Seasons Park. This development will see a 25-storey condominium, offering 209 residential units. There are 8 different design types to choose from ... Read More

Straits Residences, a serviced residence development by Kerjaya Prospek Property Sdn. Bhd. at Tanjung Pinang, Penang. It is strategically located along Jalan Seri Tanjung Pinang, next to Straits Quay Marina Mall. The development comprises a 28-storey tower on a one-acre site, offering 246 units of serviced suites. The built-up size ... Read More