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Tek Seng to acquire another three parcels of land in SPT

Tek Seng Holdings Bhd's subsidiary, Wangsaga Industries Sdn Bhd (WISB), has recently entered into two separate sale and purchase agreements (SPA) to acquire three parcels of freehold land in Penang for a total cash consideration of RM33.96 million. The polyvinyl chloride (PVC) sheeting manufacturer announced the acquisition in a filing ... Read More

Outrage over 5-storey building plan at back of Penang’s oldest market

In a move that has outraged heritage activists, the Penang Island City Council (MBPP) has approved plans for a five-storey building behind a 122-year-old market, the oldest in the city. The Campbell Street market redevelopment project will include shophouses, parking lots and “studio rooms” to be built by the council ... Read More

Blossom Suites

Blossom Suites is a mixed development by Kobay Development Sdn. Bhd., located in the highly sought-after Tanjung Bungah area. Strategically situated along Jalan Tanjung Bungah, in front of The Waterfront Condominium, it is just a short drive away from the famous tourist belt of Batu Ferringhi. The development will comprise a 42-storey building ... Read More

RM16,000 cash prizes for My Ideal Homes 6.0 photo contest

Executive Chairman of Ideal Property Group, Tan Sri Datuk Alex Ooi Kee Liang promotes creativity, community engagement, and appreciation for the art of photography through My Ideal Homes 6.0 photo contest. Ideal Property Group, a leading property developer in Malaysia, is pleased to announce the launch of its latest photography ... Read More

PIA new multi-storey carpark is now open

The newly constructed seven-storey carpark at Penang International Airport (PIA) opens to the public on 1 April after obtaining the certificate of completion and compliance (CCC) from the relevant authorities. Malaysia Airports Holdings Bhd (MAHB) managing director, Datuk Iskandar Mizal Mahmood said the new multi-storey carpark is anticipated to improve parking problems ... Read More

UPCOMING: Bukit Tengah / Venice Build Sdn. Bhd.

Proposed landed residential development by Venice Build Sdn. Bhd. at Bukit Tengah. Located along Jalan Pengkalan with direct access from Jalan Bukit Tengah, opposite the gated community of Pegasus Residence. It is only about 1km to Bukit Tengah roundabout, about 10 minutes drive to Penang Bridge. This development will involve ... Read More

Expert: Housing Credit Guarantee Scheme improvements will help overcome property overhang

Improvements to the Housing Credit Guarantee Scheme (HCGS) under the Budget 2023 through the increase of financing funds and expanding the qualification of applicants to fixed income groups can help reduce the number of unsold low- and medium-cost houses. Economic expert Jain Yassin said the scheme, which offers financing up ... Read More

Experience the ultimate leisure at Ferringhi Residence 2

In conjunction with the upcoming Hari Raya celebration, Mah Sing Group is offering a festive rebate of RM2,999 for homebuyers! Plus, with the Mah Sing Secured package, purchasing a home has never been easier! Features: Low density on a total land area of 9.95 acres Over 17 complete facilities, including ... Read More

Sunway Dora – A new lifestyle haven in Penang Island

Sunway Dora is strategically located in the heart of Bayan Baru, offering easy accessibility and connectivity. The development is surrounded by various amenities, including the Olive Tree Hotel, SPICE Convention Centre, and eateries such as Giant Hypermarket, Pantai Hospital, and Sunshine Square. It is only a short 5-minute drive from ... Read More

Penang in discussions with Putrajaya to fund its Bayan Lepas LRT project

The Penang state government has put a request for a proposal (RFP) exercise for its Bayan Lepas Light Rail Transit (BLLRT) project on hold pending discussions with Putrajaya on funding for the project. State Infrastructure and Transport Committee chairman Zairil Khir Johari said the state has completed the pre-qualification registration ... Read More