By Timothy Tye By “now”, I am referring to January 2019. To answer that question, I need you to take a moment to look back at the Penang property landscape for the past 5-6 years. In particular, I want you to pay attention to Penang Island, for that’s the context ... Read More

The National Home Ownership Campaign, which was revived in Budget 2019 to tackle the high number of unsold homes in the country, will begin March 1 and feature some 30,115 completed homes, according to the Ministry of Housing and Local Government (KPKT). Set to be unveiled at a three-day launch ... Read More

The Penang government is still awaiting a report from the state secretary’s office over the lighting issue at an apartment building in Jelutong which allegedly portrayed the image of a “cross”. Chief Minister Chow Kon Yeow said the residential project had yet to acquire a certificate of completion and compliance ... Read More

Muze, the first phase of residential offerings at Penang International Commercial City (PICC) integrated development by Hunza Group. This 43-acre development is strategically located within the vicinity of Bayan Baru township, just mere minutes drive away from Penang International Airport. It's about 10 minutes walking distance to sPICE. PICC is ... Read More

Penangites will enjoy affordable homes in Batu Maung, near here, when the project slated to begin as early as next year, says Housing and Local Government Minister Zuraida Kamaruddin. She said the affordable housing project was in the process of selecting developer through open tender. “The land was previously owned ... Read More

MTT Properties & Development Sdn Bhd is commencing the construction of its latest commercial development, Botanica CT Centre (BCC), in Balik Pulau. This new commercial development in Botanica.CT will consist of an 80,000-square foot of first supermarket which is TF Value-Mart, first KFC drive-thru restaurant, and first Starbucks drive-thru in Balik ... Read More

IJM Land Bhd will be building The Light City, a RM4bil integrated mixed-development scheme, in the third quarter of this year. The project comprises a 1.1 million sq ft retail mall, two international class hotels, a convention centre, office tower, and two condominiums. IJM Land senior general manager (north) Datuk ... Read More

The alignment of the proposed Penang Sky Cab cable car project, which will link Seberang Prai to the island, may see some changes. Chief Minister Chow Kon Yeow said the initial alignment from Penang Sentral in Butterworth to Persiaran Karpal Singh in Jelutong here may be changed to a location ... Read More

By Timothy Tye Penang Residential Property Guide provides you with an overview of the residential property landscape of Penang. For a more in-depth understanding, I am planning a series of location-specific guides covering every Penang neighbourhood, so stay tuned for that. It is to give you a comprehensive picture of ... Read More

The Housing and Local Government Ministry plans to build one million units of affordable homes within the next 10 years to enable more people, especially the low income earners, to be house owners. Its minister, Zuraida Kamaruddin said the ministry would coordinate all housing projects under Syarikat Perumahan Negara Bhd ... Read More