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pq-expo2

Affordable Homes & Secondary Market Expo (25 & 26 Aug)

You are cordially invited to be part of Penang Affordable Homes and Secondary Market Expo 2018 at PECC EXHIBITION & CONVENTION CENTRE on 25 & 26 August 2018. This is a special event for first time home buyer with free seminars and talk shows on both days. (This event will be officiated by ... Read More
bnm

BNM to roll out special housing loan next month

Bank Negara Malaysia (BNM) is expected to roll out a special housing loan scheme tailored for the low-to-middle income group with regard to first-home ownership by next month, according to the ministry of finance (MoF). “BNM is in the process of finalising a new financing scheme for the purchase of ... Read More
proposed-development-gvc-property

UPCOMING: Bayan Baru / Ideal Property Group

A proposed mixed development by GVC Property Sdn. Bhd. (Ideal Property Group) at Bayan Baru. Strategically located along Persiaran Bayan, adjacent to SK Sungai Ara and SJKC Chong Cheng. It is about 1km to Setia SPICE Arena, under 5 minutes drive to Penang International Airport. This development comprises a mix ... Read More
city-centre-business-hub-setia-fontaines

City Centre Business Hub – Business @ Setia Fontaines

Located within the heart of Northern Seberang Perai, Bertam looks all set to undergo a “complete makeover” with the upcoming launch of 1,675-acre Setia Fontaines world-class integrated township in 3rd quarter of 2018. Setia Fontaines’ development has an estimated gross development value of RM9.6 billion, to be developed over the ... Read More
penang-development-no-sst

No SST for construction services and building material costs

Finance Minister Lim Guan Eng has announced that building materials and construction services will be exempt from the Sales and Services Tax (SST) which will come into force in September. "With the proposed exemption of goods from SST and the difference in GST (Goods and Services Tax) implementation, I hope ... Read More
bayan-lepas-lrt

Penang LRT likely to proceed, might begin in Jan 2020

The approvals from the federal authorities for the RM8.4bil Bayan Lepas light rail transit (LRT) and the massive Penang South Reclamation (PSR) scheme on the southern coast of the island are expected to be obtained before the end of the year. Sources told The Star that the approvals would be ... Read More
prins-bay

Prins Bay

Prins Bay, a proposed beachfront high-end serviced suites, hotel and retail lots by Prinsiptek Corporation Bhd. in Batu Ferringhi, Penang. It is strategically located along Jalan Batu Ferringhi, neighboring with several popular hotels, namely Lone Pine Hotel, Golden Sands Resort, Holiday Inn Resort and a few others. This development comprises ... Read More
elevated highway2

Tunnelling work for PIL 1 will be slow but safe

It will take about five years to drill a tunnel from the hill face behind Kek Lok Si Temple to Paya Terubong. Miners will drill into the hill “metre by metre” to ensure minimum impact to the environment and soil structure, said Chief Minister Chow Kon Yeow. “They will make ... Read More
penangsentral

Penang Sentral to be operational in October

The first phase of Penang Sentral in Bagan Dalam is expected to open in October. Modeled on Kuala Lumpur Sentral, the RM2.7bil development stands 10 storeys high and overlooks George Town on the island. Built on 12.8ha of land, the hub is equipped with shops, ticketing counters and food outlets ... Read More
reclaimed-islands

Reclaimed islands will boost Penang’s economy and land bank

The reclamation of three islands to finance the Penang Transport Master Plan (PTMP) will add value to the state’s investments, said Chief Minister Chow Kon Yeow (PH-Padang Kota). Chow said the three proposed islands, on the south of Penang island, went beyond improving the state’s transport system as it would ... Read More