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BNM maintains OPR at 3%, citing strong economic performance
Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 3% following the latest Monetary Policy Committee (MPC) meeting. The decision reflects a positive outlook for both the global and Malaysian economies, with continued growth and moderating inflation. Globally, economic expansion is supported by resilient labour ... Read More
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SITE PROGRESS: D’ Starlingtton (Sep 2024)
About D' Starlingtton A 29-storey condominium development by Wismas Dayamas Sdn. Bhd. (GSD Land) in Teluk Kumbar, covering 4.5 acres along Jalan Teluk Kumbar, about 2km from Penang International Airport. The project features 820 residential units with an 11-storey carpark, and rooftop facilities. Neighboring communities include Platinum III, D’zone Condominium, Saujana ... Read More
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Scott @ Logan
Scott @ Logan, a commercial development by Advance Golden Properties Sdn. Bhd. in the heart of George Town. Situated on Jalan Logan, directly across the road from Logan Ville apartment, this location is less than 2km from KOMTAR and boasts numerous amenities that can be reached within a 5-minute drive ... Read More
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1926 Heritage Hotel Penang to reopen in 2026 after RM20 million facelift
The historic 1926 Heritage Hotel Penang, located on Burma Road, is set to reopen in 2026, coinciding with its 100th anniversary. This reopening follows a significant RM20 million refurbishment project, initiated by Jetblue Sdn Bhd in collaboration with The Ascott Limited, and marks the revival of a key heritage landmark ... Read More
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Penang Port Commission issued RFP for the development of Tanjung City Marina site
The Penang Port Commission (PPC) has issued a request for proposal (RFP) for the development of its warehouses and the Tanjung City Marina land. PPC chairman Datuk Yeoh Soon Hin said the objective of the RFP is to invite financially and technically qualified companies to implement the proposed development of ... Read More
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INFINITY8 opens first co-working space in Penang
INFINITY8, a leading co-working space provider, has officially launched its first co-working space in Penang, marking the company’s expansion into the northern region of Malaysia. Named INFINITY8 Reserve George Town, this new space is strategically located in a 25,000 sq. ft. heritage building on Beach Street, once home to Standard ... Read More
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PDCP to launch ‘New Talent Housing’ in 2025
A new affordable housing scheme called ‘New Talent Housing’ (Rumah Bakat Baru) is scheduled to be launched next year (2025) by PDC Properties Sdn Bhd (PDCP), a subsidiary of Penang Development Corporation (PDC). PDC chief executive officer Datuk Aziz Bakar said the housing scheme is aimed at addressing the growing demand ... Read More
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Serene Villas @ Sunway Wellesley
Sunway Wellesley Serene Villas offers an unparalleled residential experience in Bukit Mertajam, with a gated and guarded community that redefines modern contemporary living. Nestled within a vibrant neighbourhood, residents are a stone throwaway from shopping centres and healthcare facilities to top educational institutions, sports complexes, and recreational venues. Every aspect ... Read More
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Ferringhi Residence 2 – Buy an urban resort condo and win a Tesla
Experience resort-style living with Ferringhi Residence 2, offering full amenities and monthly payments starting from just RM3000! Enjoy the best of both worlds with BCA Green Building Certification and 4 acres of luxurious facilities, including an automated waste collection system. Featuring: Spacious built-up: ±1500 sq ft 3 bedrooms + 3 ... Read More
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E&O targets RM1 billion in property sales for FY2025
Eastern & Oriental Bhd is bullish on the Penang market, where it is based, and anticipates better property sales in its current financial year ending March 31, 2025 (FY2025). The group is targeting around RM1 billion sales in FY2025, on the back of new launches worth about RM1.3 billion in ... Read More
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- Really joke want compare Havana and Queens Waterfront. QW got 8 lifts and 1 bomba...Ryu on Havana Beach Residences
- @CK Yeoh The true affordable house is Vivo, premium condo but sell at affordable price...Islander on Ceria D’ Eco Horizon
- @Alvin Lee You more likely go mall every day or your son/daughter go school everyday?...Islander on Havana Beach Residences
- May i know how much this project selling right now? From 12 storey and above....New Mate on Ceria D’ Eco Horizon
- "Napic also noted that the overhang was most prevalent in the affordable housing segment, with...F_Yoo on Penang ranks fourth in unsold properties in 1H2024
- so many affordable unsold, yet the government want to build more affordable...tupid madani just making...Oh nice on Penang ranks fourth in unsold properties in 1H2024
- @Alvin Lee For me, that's no different among both Havana & Queens W. The only...Wilson Ooi on Havana Beach Residences
- Do you guy think the secondary market prospect will be for The Cube? Roughly same...FSD on The Cube
- @Hee Chan At least queens W got mall and sea. This one just mosque and...Alvin Lee on Havana Beach Residences
- @rocky The moment your son/daughter graduate from Heng Ee.. can sell the house already. no...Alvin Lee on Havana Beach Residences
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams