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utropolis-progress

SITE PROGRESS: Utropolis @ Batu Kawan (Dec 2019)

About Utropolis @ Batu Kawan A mixed commercial development by Paramount Property in Batu Kawan, Penang. Strategically located next to UOW Malaysia KDU Penang University College, just a stone’s throw away from IKEA furniture store. There is also a proposed linkage to the Design Village Outlet Mall. Find out more about Utropolis @ ... Read More
psr-agreement-sign

Penang to sign key agreement on Penang South Islands in Jan 2020

Penang Chief Minister Chow Kon Yeow today said the state will sign a major agreement next month to realise its 1,821ha three-island project (Penang South Islands), which forms an important part of the RM46 billion Penang Transport Master Plan (PTMP). He said once the agreement was signed, the project’s delivery ... Read More
komtar-lrt

Gamuda expects first Bayan Lepas LRT package award by mid-2020

Gamuda Bhd is likely to sign the Project Delivery Partner (PDP) agreement for Penang Transport Master Plan in the ‘next few weeks’, and the first package of Light Rail Transit (LRT) would be awarded by mid-2020, according to managing director Datuk Lin Yun Ling. “Once the PDP agreement is signed, the design ... Read More
property-cycle-anders-ong

The Property Cycle (Repeat Process)

by Anders Ong Sometimes some people earn more in property investment and sometimes some people just making lost in the market. Some are pure experts and some are pure luck if we had bought properties during the boom time every single person can also be an expert and boast about ... Read More
hk-folks-pg-properties

More HK folk buying property in Penang

Hong Kong house buyers are looking around in Penang. “Hong Kong people buying properties in Penang is not something new. But the number has definitely accelerated now,” said International Real Estate Federation (FIABCI) Malaysia president Michael Geh. “For the past five years, there had been quite a number of retired ... Read More
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UPCOMING: Teluk Kumbar / Zantalite Enterprise Sdn. Bhd.

*PROJECT CANCELLED* A newly proposed development by Zantalite Enterprise Sdn. Bhd. at Teluk Kumbar. Located along Lorong Gertak Sanggul, about 5 minutes drive away from Lexis Suites Penang. Surrounding amenities include SMK Seri Bayu, SK Teluk Kumbar, markets and popular seafood restaurants namely Hai Boey Seafood and Khunthai. This development ... Read More
wellness-city-of-dream-1

Ewein and CZC to jointly develop land opposite Gurney Plaza

Ewein Bhd is partnering Consortium Zenith Construction Sdn Bhd (CZC) to jointly develop land in Penang as a RM159.75 million development. In a bourse filing today, Ewein said its unit Ewein Zenith II Sdn Bhd, a wholly-owned unit of Ewein Zenith Sdn Bhd, which in turn is an 89%-owned subsidiary ... Read More
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Ascott Gurney Penang is set open in 2021

The first Ascott-branded serviced residence – Ascott Gurney Penang is set open in 4Q 2021. Singapore-listed CapitaLand Ltd’s wholly-owned lodging business unit, The Ascott Limited (Ascott), has secured the contract from Bursa-listed Plenitude Bhd to manage Ascott Gurney Penang. Located along the Gurney Drive promenade in George Town, The Gurney ... Read More
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GEM Residences – Live Next to the Largest Shopping Mall in Northern Region

GEM Residences - a new freehold condominium located at Jalan Baru, Prai, Penang is primed to bring a new standard of living to Prai, Penang by offering a range of well-designed modern living spaces for a wholesome lifestyle experience. Named after beautiful gemstones – Coral, Ruby, Sapphire and Diamond – ... Read More
quay-west-nov2019-5

SITE PROGRESS: QuayWest Residence (Nov 2019)

About QuayWest Residence Luxury residential development located next to Penang World City in Bayan Mutiara, Penang. This development comprises 1,235 condominium units in two 24-storey towers. Tower A offers 669 units with built-ups from 1,246 to 3,222 sq ft. Tower B comprises 566 units of various types, 253 units of which ... Read More