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Redevelopment of Kampung Manis: RAC and LPNPP sign MoU for collaborative development
In a significant move toward urban redevelopment, the Railway Assets Corporation (RAC) has officially signed a Memorandum of Understanding (MoU) with the Penang State Housing Board (LPNPP) for the redevelopment of Kampung Manis in Perai through a collaborative effort. The MoU was signed between RAC's Chief Executive Officer, Dato’ Azhar Ahmad, ... Read More
Cassia Cempaka – Serenity Within Reach
Nestled in the vibrant township Bandar Cassia, Batu Kawan, Cassia Cempaka by PDC Properties Sdn. Bhd. epitomizes a harmonious blend of modern living and serene surroundings. This freehold residential development spans 28.47 acres, drawing inspiration from the Cempaka flower's exquisite essence. Comprising two distinct residential options – Dahlia (Double Storey Terrace) ... Read More
Not so rosy for office and serviced apartment property in 2024
Selected areas and segments of the property market in Malaysia are expected to perform well in 2024, but elsewhere there are areas of concern. Industry experts expect to see sales improve as the people’s spending power recovers and the government’s efforts to attract foreign direct investment (FDIs) bears fruit. However, ... Read More
SITE PROGRESS: Savana @ Utropolis (Jan 2024)
About Savana @ Utropolis This is the fourth phase of Paramount Property’s Utropolis development at Batu Kawan. Located along Jalan Cassia Barat 2, adjacent to Sensasi and Sinaran Residences. It is less than 5 minutes’ walking distance to Design Village outlet mall and UOW MALAYSIA KDU Penang University College, with easy ... Read More
Malaysia’s home rental up 5.5% in 2023
Rents across Malaysia increased by 5.5% in 2023, according to data from a newly released index. Rents were now 7.4% higher than during the pandemic’s worst phase, suggests the Malaysia Home Rental Index by real estate agent network IQI, a member of Juwai IQI. In the fourth quarter, it said ... Read More
G’Vinton
G'Vinton, a serviced residence development by Sunrich Capital Sdn. Bhd. (Subsidiary of GSD Land) in George Town. Strategically located on approximately 1 acre of land along Jalan Sultan Ahmad Shah, in between Ambank and NSTP building. It is only a mere minute's drive to KOMTAR and Penang's most popular tourist destination - Gurney ... Read More
Penang’s housing launches expected to gain momentum in 2024
Penang’s residential launches which resumed in 2023 are expected to gain momentum in 2024, CBRE|WTW said. In its Real Estate Market Outlook 2024 report launched yesterday, the property consultancy said new launches of high-rise residentials will comprise mainly those located on the island, while landed residentials will be in Seberang ... Read More
PDC and LPNPP signed memorandum for Mahsuri URC project
Penang Development Corporation (PDC) has signed a Memorandum of Agreement (MoA) with the Penang State Housing Board (LPNPP) regarding the ownership of 59 parcels in Block H, Mahsuri near Bayan Baru here. The agreement was signed between the Deputy Chief Executive Officer of PDC, Roslan Hassan, and the Chief Executive ... Read More
SITE PROGRESS: Straits City (Jan 2024)
About Straits City A 40-acre prime seafront integrated development by the Singapore Exchange-listed Straits Trading Co Ltd and its dual-listed subsidiary, Malaysia Smelting Corp (MSC). Strategically located in the Central Business District of Butterworth, a mere 2km from Penang Sentral, Straits City enjoys unparalleled connectivity with well-established transportation options such as trains, and ... Read More
Affordable retail spaces in the heart of George Town
In the bustling heart of George Town, the KOMTAR Bazaar beckons entrepreneurs with an exciting proposition – affordable retail lots in a strategic location. Now, those seeking a new business location can thrive in the heart of George Town, enjoying easy access to diverse customer bases, all at an affordable ... Read More
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- @damien Why worry? I have many house. Later repair. No problem. Seafront coastline is normal...Ryu on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Oh nice Haha, not worried, just saying. According to disaster dept analysis, during the recent...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Gonna be Batu Kawan Landmark. Muze in Batu Kawan ...Jenn Kim on PROPOSED: 54-Storey serviced residence @ Batu Kawan
- @damien why you worry, storm here, unlike hurricane or typhoon elsewhere, does not kill....... ...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Not sure why people still questioned PDC. The plots of land there were sold to...Wan on PROPOSED: 54-Storey serviced residence @ Batu Kawan
- Don't forget Asia Green took 10 years to complete Quaywest, LOL. ...millionaire on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @chookimhock Why worry? So many house available ...Ryu on Iconic Regency
- @chookimhock Yup. The AG price tag is reasonable & plenty of happy purchaser. The location...Ryu on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Well, I wouldn't say it's only IJM, some other condos near the coast also had...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- How much is the maintenance fee for this project ? ...BM Guy on Mertajam Heights
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- Affordable Housing (Penang Island)
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- GBS @ The Waterfront
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- Gurney Wharf
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- Kobay Jelutong
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