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Penang developers to scale back new property launches as costs soar
Developers in Penang will delay some new residential projects in the state this year as labour and materials costs continue to rise. Real Estate and Housing Developers’ Association (Rehda) Penang branch chairman Khoo Teck Chong said the number of new launches this year could be up to 60 per cent ... Read More
Mah Sing’s Southbay stands to benefit from the approval of PSI project
MIDF Research has placed a positive outlook on Mah Sing Group Bhd following the final approval given to the Penang South Islands (PSI) project by federal environmental regulators. The research house yesterday maintained its “buy” call on the property development group, with a target price of 75 sen. “We remain positive ... Read More
Island Plaza to be rebranded as “Island 88”
The once upon a time buzzing Island Plaza in Tanjong Tokong is set to take the limelight once again after a Hong Kong businessman snapped up the iconic landmark and has vowed to make the place great again! It will be renamed ‘Island 88’. Since the emergence of new shopping ... Read More
Penang South Islands project gets EIA green light
The Environmental Impact Assessment (EIA) report of the Penang South Islands (PSI) project has received conditional approval from the Department of Environment (DoE) under the Ministry of Natural Resources, Environment and Climate Change. Chief Minister Chow Kon Yeow said the approval includes 71 conditions to be complied with. “The Penang State ... Read More
UPCOMING: Batu Kawan / Metrio Jaya Development Sdn. Bhd.
Proposed mixed development by Metrio Jaya Development Sdn. Bhd. (Metrio Group) near Batu Kawan. This is part of Metrio Group's 35.3-acre mixed development projects along Jalan Batu Kawan, the proposed serviced residence is situated next to Vortex Business Park. It is conveniently situated just a few minutes' drive away from Bukit Tambun ... Read More
Residensi Pauh Harmoni
Residensi Pauh Harmoni, an affordable housing project by Golden Village Properties Sdn. Bhd. at Seberang Jaya, Penang. Located next to Residensi Permatang Pauh, in front of Residensi Pauh Armani by the same company. It's location offers convenient access to the Butterworth-Kulim Expressway interchange, just a minute's drive away. Additionally, it is situated ... Read More
SITE PROGRESS: Sanctuary Terrace (Apr 2023)
About Sactuary Terrace A residential development by IJM Land at Alma in Bukit Mertajam. Located on 8.9 acres of land along Jalan Santuari 2, about a 20-minute drive to both Penang bridges. Nearby amenities include AEON Mall, Tesco Hypermarket, eateries, schools and banks. This development will offer 95 units of 2-storey terrace houses. (Photos taken in Mar ... Read More
BM Idaman @ Bukit Minyak
Introducing the exclusive landed stratified development - BM IDAMAN located in Bukit Minyak, Bukit Mertajam. It's a place where you can come home and get away from it all. It consists of a total of 68 units limited edition of spacious 2 & 3 Storey Terrace and 2 Storey Semi-detached ... Read More
Penang’s 5 most expensive residential properties sold in 2022
Have you ever wondered how much those bungalows in Penang are worth? Or perhaps, where the most expensive houses are located on the island? Let's delve into the details and take a closer look at the top 5 most expensive residential properties that were sold in Penang in 2022. #5 ... Read More
E&O Unveils ‘Human Living’ Digital Series Featuring Malaysia’s Talents
Eastern & Oriental Berhad (E&O), the premier lifestyle property developer, has released “Human Living”, a digital documentary series that offers valuable insights and perspectives from some of the country’s brilliant thinkers, entrepreneurs and artists in rethinking where and how we live. The 3-episode series, which will be released monthly on ... Read More
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RECENT COMMENTS
- Good Luck to all those first time buyers... LOL ...MajorArches on Early completion of Ideal Residency: PR1MA delivers keys to 20 proud homeowners
- @JC It's not a wise decision to dump all 1M in a same bucket. Lumina...Ryu on Lumina Residence
- @walter Nowadays agent all so kids, how many are them really know about property? Last...honda on Lumina Residence
- @JC If both city views, Lumina will get super hot evening sun, while Queens will...walter on Lumina Residence
- @Puzzled I believe 80% of that 30% are units reserved for BoonSiew. They have this...walter on Lumina Residence
- @Puzzled I'm dilemma of Lumina or Queens residence Q3. I have 1M budget here but...JC on Lumina Residence
- Correct. Ang Mos/expats holding senior position prefer locations that offer a well blend of greenery,...Puzzled on Lumina Residence
- @Ora small issue. the condo market value is approaching 900k now ...chookimhock on The Cube
- @Ora 500k? Daily rob!! Seaview condo!! ...Ryu on The Cube
- @damien I would be more worry if my apartment/house is on or next to hill...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
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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