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Nautical-Bay-main

Nautical Bay

Nautical Bay, a completed, build-then-sell condominium by OHM Group at Butterworth. It is located next to Affina Bay Condominium, about 3km away from the upcoming Penang Sentral. This development offers 28 residential units with gross built-up area of 2,152 sq.ft., and panoramic of Penang Island. There are only 2 units ... Read More
Mcc_6n7_PenangMonitor_3

Prices in Penang move sideways in the first quarter

The Penang housing market moved sideways on both the primary and secondary markets in the first quarter of the year, says Michael Geh (pictured), director at Raine & Horne International Zaki + Partners. “I noted active transactions on the secondary market with prices staying flat,” he says in presenting the ... Read More
Guardhouse

3 Residence Condominium

3 Residence, a mixed development by IJM at Sungai Pinang. It is strategically located along Lebuh Sungai Pinang 1, easily accessible via Tun Dr. Lim Chong Eu Expressway. Neighbouring communities include Ocean View condominium, The Spring , Nautilus Bay and The Maritime. The master plan of this development will offers a mix ... Read More
eco world

Eco World eyes Batu Kawan land for RM6bil project

Eco World Development Group Bhd is said to be eyeing a 300-acre leasehold site in Batu Kawan for a RM6bil mixed development project to be launched next year. Sources told StarBiz that the group could fork out up to RM700mil for the property, estimated at over RM50 per sq ft ... Read More
rena-park

Rena Park

Rena Park, an on-going development by Absm Land Sdn. Bhd. at Balik Pulau, Penang. Located next to Fragonard Garden by VST Group, about 10 minutes from Balik Pulau town center. This development comprises 35 units of 3-storey terrace houses, with 2 spacious design to choose from. All units come with a ... Read More
affordable-by-ion-development

AFFORDABLE: Balik Pulau / Ion Development Sdn. Bhd.

More options for those who are interested in affordable housing at Balik Pulau. Here is the proposal by Ion Development Sdn. Bhd., comprising a 10-storey low-rise condominium with 6 units of shoplots located at ground floor. This development is located immediately opposite South West District Police Headquarters, it between Heliconia ... Read More
tunnel-still-on

Firm claims mistakenly said Penang tunnel study on hold

The feasibility study for the controversial RM6.3 billion undersea tunnel is proceeding and expected to be done in six months' time, said Datuk Zarul Ahmad Mohd Zulkifli when correcting his statement to the contrary. The Consortium Zenith BUCG chairman today claimed he mistakenly told the media in Kuala Lumpur yesterday ... Read More
tunnel-on-hold

Penang undersea tunnel project on hold

The Penang government has put a stop to the feasibility study on the proposed 7.2km undersea tunnel linking Penang to Butterworth. Consortium Zenith BUCG Sdn Bhd’s (CZBUCG) chairman Datuk Zarul Ahmad Mohd Zulkifli said the company had stopped its feasibility study for the undersea tunnel following a request by the ... Read More
komtar-lrt

Penang eyeing July approval for LRT project to begin 2017

Penang hopes to secure a conditional approval for its first railway scheme connecting Bayan Lepas to Komtar by next month, state executive councillor Chow Kon Yeow said. The local government committee chairman said SRS Consortium, the project delivery partner (PDP) for the Penang Transport Master Plan (PTMP), met with Land Public ... Read More
gng-faq

Strata management bodies – how do they work?

As a city grows, the development of high-rises becomes inevitable. So one can only expect more strata developments to be built in Malaysia in the future and strata living will become increasingly common. It is therefore imperative to understand the existence and function of the management bodies that ensure a ... Read More