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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
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
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
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
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
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
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
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
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
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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- Far as I know another 40 floor upcoming next to Savana, PDC you ok or...Islander on PROPOSED: 54-Storey serviced residence @ Batu Kawan
- Developer eyeing maximum profit, traffic not their problem lar.... ...Oh nice on PROPOSED: 54-Storey serviced residence @ Batu Kawan
- 54 floor? ARE YOU OK? ...BKNAME on PROPOSED: 54-Storey serviced residence @ Batu Kawan
- @Alex Hey Alex, what is phase 2 all about? ...J.koo on SITE PROGRESS: D’ Starlingtton (Sep 2024)
- Any info about the Phase 2? ...Alex on SITE PROGRESS: D’ Starlingtton (Sep 2024)
- 54 floor? are we challenging world record or something now? so PDC going to approve...Islander on PROPOSED: 54-Storey serviced residence @ Batu Kawan
- @Oh nice Slow?? That's Malaysia Bolih style. They award the project to contractors who then...Xulih on Tender for Batu Kawan Public Market to open soon
- What PDC should expedite building in Batu Kawan is a proper bus station with buses...Xulih on Tender for Batu Kawan Public Market to open soon
- @MajorArches The petrol station took year for OC, its the procedure, currently already got 1...Islander on Tender for Batu Kawan Public Market to open soon
- operational only by 2027-28? that is way too slow.... ...Oh nice on Tender for Batu Kawan Public Market to open soon
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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