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Nationwide full lockdown from June 1 to 14
A nationwide full lockdown will take place from June 1 to 14 and all sectors will not be allowed to operate during this period except the essential economic and service sectors. A special National Security Council meeting chaired by Prime Minister Tan Sri Muhyiddin Yassin on Friday (May 28) made ... Read More
UPCOMING: Paya Terubong / Sunway City Sdn. Bhd.
The proposed first phase of Sunway Valley City integrated development by Sunway Property at Paya Terubong in Penang Island. It is strategically located along Jalan Paya Terubong, about 8km to George Town and Bayan Lepas Free Industrial Zone. The initial phase of this project will see the construction of a ... Read More
SRS Consortium explains the funding of new island reclamation
- A letter from SRS Consortium to FMT First, we would like to reiterate that for both the Penang Transport Master Plan (PTMP) and the Penang South Islands (PSI) reclamation projects, it is the state that is the asset owner. As the asset owner, the state has to “take into consideration ... Read More
Malaysia loses another prominent property personality
The notorious COVID-19 has robbed the life of yet another prominent individual in the Malaysian property circle. Paramount Corp Bhd chairman and executive director Datuk Teo Chiang Quan, 72, passed away at 6.38pm two days ago due to health complications after battling COVID-19 for 21 days. “It is with profound sadness ... Read More
SITE PROGRESS: Beacon Executive Suites (May 2021)
About Beacon Executive Suites the latest addition to landmarks in the heart of George Town by Aspen Group. Strategically located along Jalan Sungai Pinang, this freehold development comprises 227 units of executive suites with standard unit size of 980 sq.ft. and a state of art roof top bar & lounge. Find ... Read More
Penang Housing Board allocated affordable homes to another 1,000 eligible applicants
The Penang government has provided low-cost, low medium-cost and affordable homes to nearly 7,000 frontliners, including civil servants, since 2008. State Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh said the state would continue to provide these homes to lower-income group even when the Covid-19 pandemic is ... Read More
Penang property market sees improvement
(This is one of the latest valuable insights from the prominent property consultant the late Michael Geh) The Malaysian property market seems to be gradually recovering from the turmoil caused by the Covid-19 pandemic, with more transactions being recorded. In Penang, the property market trended upwards in 2H2020, which saw 9,936 ... Read More
DOE yet to receive environmental management plan for Penang South Reclamation project
The Department of Environment (DOE) has yet to receive the Environmental Management Plan (EMP) for the Penang South Reclamation project in the southern waters of Penang (PSR) based on the original order, said its director-general Norlin Jaafar. She said the department had not received the EMP based on the original ... Read More
Pinang Perdana
Pinang Perdana, a residential development by Saluran Melodi Sdn. Bhd. in George Town, Penang. Located on a ~0.6 acre land along Jalan Makloom, adjacent to Subaru Sales and Service Center at Sungai Pinang. It is just a stone's throw away from the Beacon Executive Suites, about 5 minutes drive to Penang Times Square. The ... Read More
SITE PROGRESS: Vivo Executive Apartment (May 2021)
About Vivo Executive Apartment A serviced apartment within Aspen Vision City township development at Batu Kawan. It is strategically located next to the upcoming Integrated Shopping Mall, walking distance to the Central Island Park. The units will be built complete with communal co-sharing working space and a social kitchen to support ... Read More
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- @pawny I didnt agreed to the 2500 offer posted to me. (from IQI) I dont...Steve on Iconic Regency
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- Affordable Housing (Penang Island)
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