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Economists: BNM set to hike OPR for fourth time in a row tomorrow
Bank Negara Malaysia (BNM) will tighten the overnight policy rate (OPR) by a quarter-point for the fourth time in a row on Thursday (Nov 3) as upside risk to inflation persists and to support a weakening ringgit, a Reuters poll showed. The central bank started raising rates in May, even ... Read More
‘Industrial Park Management Council’ proposed to enhance investors’ experience
Through the Penang Development Corporation (PDC), the Penang government is working on enhancing investors’ experience at the state’s industrial parks. Meetings and discussions between PDC, local authorities, state legal advisor and the Penang Land and Mines Office are now ongoing to study the idea of establishing the ‘Industrial Park Management Council’ ... Read More
SITE PROGRESS: The Zen (Oct 2022)
About The Zen A mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development by Tropicana Ivory. This development comprises a 46-storey skyscraper with two residential towers, and shop ... Read More
Groundbreaking for Pokok Sena Sports Complex
The first phase of the Pokok Sena Sports Complex project was officiated by Penang Chief Minister, Y.A.B. Tuan Chow Kon Yeow, at a groundbreaking ceremony on Saturday morning. The Chief Minister said at the ceremony that the sports complex is covering 32,364 square meters or 8 acres of land, and the whole project will ... Read More
Taman Nara
Taman Nara, a landed residential development by Jayamas Land Sdn. Bhd. in Alma, Bukit Mertajam. Located next to Taman Sejahtera, about 5 minutes walk to SMK Taman Sejahtera. It is only a mere minutes drive from abundant of amenities, such as AEON Mall, Tesco Hypermarket, banks, schools, just a name a few. This ... Read More
Butterworth Arena to be fully operational next month
The biggest convention centre and banquet hall in Seberang Perai is expected to be fully operational by Nov 15 this year. The 17,800sq m Butterworth Arena or officially known as the Penang International Exhibition Convention Cultural & Arts Centre (PIECCA @ Butterworth Arena) is located at Ampang Jajar in Butterworth. The ... Read More
SITE PROGRESS: Aston Acacia (Oct 2022)
About Aston Acacia A high-rise development by Tinggian Development Sdn. Bhd. (a subsidiary of Hua Yang Berhad) within the established township of Bukit Mertajam, Penang. Strategically located along Persiaran Aston Indah, adjacent to Jit Sin Independent High School. It is only a mere minutes drive to The Summit Bukit Mertajam ... Read More
UPCOMING: George Town / Shui Kat & Company (PG) Sdn. Bhd.
A proposed redevelopment of an existing 6-storey hotel building in Geoge Town into a serviced apartment, undertaken by Shui Kat & Company (PG) Sdn. Bhd. The said hotel which was known as Town House Hotel is located along Penang Road, adjacent to Cititel Penang. This development will see the repurposing of the existing building ... Read More
Penang received 8 submissions for the Bayan Lepas LRT project pre-qualification process
Chief Minister Chow Kon Yeow today said the Bayan Lepas Light Rail Transit (LRT) project should kickstart accordingly, provided the project meets its designated timeline. Penang has received eight submissions from local and international consortiums for the Bayan Lepas LRT project pre-qualification process, according to a recent announcement by state Transport ... Read More
SITE PROGRESS: Wellspring Residences (Oct 2022)
About Wellspring Residences A high-rise residential development by Airmas Group in Butterworth. Located near Jalan Telaga Air, next to Telaga Emas Apartment by the same company. It is about 500 meters away from the ever-bustling Jalan Raja Uda, and only a 5 minutes drive to Penang Sentral. This development comprises a 21-storey condominium, featuring 144 ... Read More
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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
- Lin Xiang Xiong Art Gallery
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- One Auto Hub @ Batu Kawan
- Penang Arts District
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