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Penang ranks fourth in unsold properties in 1H2024
Penang recorded 2,400 unsold residential units in the first half of 2024 (1H2024), placing it fourth among states with the highest property overhang, according to the National Property Information Centre's (Napic) report. The total value of unsold units in Penang amounted to RM2.02 billion, reflecting the ongoing challenges in the ... Read More
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Malaysia’s property market hits record high in 1H2024
Malaysia’s property market achieved a significant milestone in the first half of 2024 (1H2024), with total transaction value exceeding RM105 billion from 198,906 recorded transactions. This marks the highest growth in value and volume in the past five years. According to Deputy Finance Minister Lim Hui Ying, the volume of ... Read More
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SJK (C) Aik Hua’s relocation to Sungai Ara a strategic move
The relocation of SJK (C) Aik Hua from its historic location on Muntri Street in George Town to Sungai Ara has proven to be a timely and strategic move, as student enrolment continues to grow. According to Penang Chief Minister Chow Kon Yeow, the school’s enrolment has increased to 191 ... Read More
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Ventus & Tradesmen
Ventus & Tradesmen, an innovative investment project by Jayamas Property, is a versatile 3-in-1 property located in Batu Maung, Penang. It is an integrated development which includes freehold units. The upper floors feature the Ventus & Tradesmen (Hotel Suites), operated by the 4-star Oakwood Hotel & Apartment (managed by The ... Read More
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Taman Tanah Aman’s exciting new phase now open for registration
Experience an exciting new phase of landed homes nestled among the serene hills of the mature, ultra-low-density neighbourhood of Taman Tanah Aman in Bukit Mertajam, Penang. The upcoming phase offers a limited number of luxury landed homes providing a host of the finest home features and tailored to cater to ... Read More
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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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- 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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