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The Residence, Phase 2
The Residence - Phase 2, strategically located in Bagan Lallang, easy access to North-Sourth Expressway, Perai Industrial Area, Butterworth and a mere minutes drive to Penang bridge. This is a non-gated residential development comprises 14 units of 2-storey semi-detached and 2 units of bungalow houses. Phase 1: The Residence (Gated ... Read More
Cititel to build 2 hotels for RM183m
GEORGE TOWN: Cititel Hotel Management (CHM) Sdn Bhd, a subsidiary of IGB Corporation Bhd, will invest RM183 million to build two more hotels on the island. CHM managing director Datuk Eric H.K. Lim said the properties would be built at the Gat Lebuh Noordin area by early 2014. The two ... Read More
Better flow of traffic in Air Itam
THE next phase of the Jalan Air Itam widening project slated for April should ease traffic congestion by at least 15%, said Penang Municipal Council senior traffic engineer A. Rajendran. The widening of the 190-metre stretch in front of the Han Chiang High School from two lanes to three is ... Read More
Kg Buah Pala nine overjoyed to grab govt offer of 18 double-storey houses
GEORGE TOWN: The nine families from the former Kampung Buah Pala here are delighted with the offer of double-storey houses costing RM220,000 each in Teluk Air Tawar on the mainland.They are jumping at the chance as there is no other option.Their former residents association chairman M. Sugumaran said they were ... Read More
Second Penang Bridge on track for November 2013 opening
KUALA LUMPUR (Jan 3): The Second Penang Bridge has achieved 70% completion and 1.5 months ahead of schedule, said Jambatan Kedua Sdn Bhd (JKSB) in a statement on Dec 30, 2011.It is confident that work is on the track towards the target opening date of the bridge in November 2013 ... Read More
Most viewed properties of the month – Dec 2011
#1 Sierra Residences - Sungai Ara Soft-launched on 23 Dec 2011. At around RM300/sq.ft. with 2 car parks, this is one of the most affordable new properties in Penang Island. Price starts from RM280k, a good price for young couple who wanted to settle down in Penang Island with small ... Read More
Rise and fall of interest rates
INTEREST rates have a wide and varied impact upon the economy. When interest rates are raised, the general effect is to slow down credit demand and contain inflationary pressures. It also makes borrowing money more expensive, which affects how consumers and businesses spend their money. Investors should understand how interest ... Read More
Penang to ride on Shangri-La expansion
THE opening of several new Shangri-La Hotels and Resorts properties around the globe in 2012, will be leveraged on by its sister property in Penang to draw more visitors to the island state. Shangri-La's Rasa Sayang Resort and Spa general manager Elaine Yue said the expansion of the group's properties, ... Read More
Property sector to correct
The steep increases seen in the last two years expected to sputter to a halt on weak global sentimentTHE overall weak global sentiment is expected to cast a pall over the property sector, which is expected to undergo some downward correction next year, agents, property consultants and developers say, with ... Read More
Property market welcomes new group of buyers
BEGINNING tomorrow, new guidelines from Bank Negara Malaysia to curb rising household debt are going to kick in. The guidelines cover all consumer loan products including housing, personal and car loans, credit card receivables as well as loans for the purchase of securities.Instead of loan approvals being based on gross ... Read More
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- @Hemsley No need copy. Recently one of Quaywest tenant spoke to me that they move...Ryu on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- @Hiroto walk in to sales gallery for deeper insight, web gives you only the top...tamiya on Savana @ Utropolis
- @savana yes if its for own stay, a big no if it's to rent out....tamiya on Savana @ Utropolis
- @Tavana good choice, match your name – tavana stays in savana ...tamiya on Savana @ Utropolis
- good choice, match your name - tavana stays in savana ...tamiya on Savana @ Utropolis
- @chookimhock Wrong info given. Normal unit majority sold out. Except for those seafront unit pending...Ryu on The Pier
- Congratulations to MPSP i hope they will carry on more upgrading works to ease traffic...Selvaraj on Jalan Alma – Jalan Bukit Minyak road expansion project completed
- @Loon Project already sold out. very hot launch ...chookimhock on The Pier
- Have this project start building? Any status we can refer? Thanks ...Philip on Versa
- It looks like very less discussion with this project. Where are the actual buyers? Any...Loon on The Pier
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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