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Penang’s ferry terminals upgrade to be completed by August

The project to upgrade the two ferry terminals in Penang will be completed in August and will have airport-like facilities as well as cater to persons with disabilities (PwD). Penang Port Commission (PPC ) chairman Datuk Tan Teik Cheng said the upgrading works at the Pangkalan Sultan Abdul Halim (PSAH) ... Read More
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Desa Mawar neighbourhood park at Air Itam now officially opened

It was a joyful Sunday morning for those living in Air Itam as the Penang government officially announced the opening of the long-awaited Desa Mawar neighbourhood park here. Measuring 6,855sq ft, the park was upgraded and installed with various attractive facilities for the people to enjoy. The construction works at the ... Read More
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Titijaya and DHL to develop semiconductor logistic facility in Batu Maung

Penang will see the establishment of its first-ever ultra-modern logistics commercial complex in Bayan Lepas next year. Titijaya Land Berhad and DHL Supply Chain (M) Sdn yesterday signed a Memorandum of Agreement (MoA) to develop the complex at a 20-acre mixed development site in Bayan Lepas. Chief Minister Chow Kon Yeow, ... Read More
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SITE PROGRESS: Queens Residences – Q2 (Mar 2022)

About Queens Residences Luxury waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar Condominium, just stone’s throw away from Queensbay Mall. Find out more about Queens Residences Register your interest here to keep yourself updated with ... Read More
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D’ Starlingtton

D' Starlingtton, a residential development by Wismas Dayamas Sdn. Bhd. (GSD Land) at Teluk Kumbar. It is located on a 4.5-acre land along Jalan Teluk Kumbar, approximately 2km away from Penang International Airport. Neighboring communities include Platinum III, D'zone Condominium, Saujana Heights Apartment, Emerald Residence, and the low-density luxury development - ... Read More
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Asia Green’s The Zen expected to be ready early next year

Asia Green Group’s affordable homes project, called The Zen, is progressing well and is expected to be ready by early next year, state Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said. Jagdeep and several staff members from the Penang Housing Board, as well as architects ... Read More
source:thestar

Esplanade seawall upgrading is expected to complete by end next month

Works on the RM14mil Esplanade seawall upgrading are on schedule, with completion expected at the end of April. Outlining the project works, Perunding YAA Sdn Bhd said it employed methods and construction materials that would “harmonise” with the qualities and heritage significance of the George Town World Unesco Heritage Site ... Read More
penang properties

Does residential property hedge against inflation?

Real estate has traditionally been viewed as a safe investment asset with powerful inflation hedging capability compared to other assets such as stocks and bonds. However, the current pandemic-induced economic weakness is testing such a perception. This is because the rampant house price growth since the coronavirus outbreak has put the ... Read More
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GBS @ The Waterfront

A proposed GBS Cybercentre by Penang Development Corporation and waterfront mixed development at Bayan Lepas. Strategically located at the coastal area of Free Industrial Zone 4, just a stone's throw away from Penang Second Bridge. It is aimed to bring business and leisure together with "live, work & play" concept, where ... Read More
market-recovery (1)

Are high maintenance fees scaring off millennials?

More Malaysian millennials are beginning to dip their toes into the property market and become prospective buyers. With their limited budget, only affordable properties are within their grasp. Horror stories of impulse buys and hidden costs aside, are high maintenance fees scaring them off. With tight budgets, millennials generally prioritise ... Read More