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Workers’ housing is a new emerging asset class

The Covid-19 pandemic, which began in the first quarter of last year, has thrust purpose-built workers' accommodation (PBWA) into the spotlight, establishing it as a new emerging asset class. According to Knight Frank Malaysia's recently released Workers' Dormitories publication, demand for quality and well-planned workers' accommodations is expected to rise ... Read More
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Grains Residences

Grains Residences, a serviced residence development by Znen Landmark Development Sdn. Bhd. at Bandar Perda commercial district in Bukit Mertajam. Located near Jalan Perda Utama roundabout, just a stone's throw away from KPJ Penang Specialist Hospital and Seberang Perai City Council. Neighboring communities include BM City Mall and Metropol, which is ... Read More
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SITE PROGRESS: Marriott Residences (Nov 2021)

About Marriott Residences A mixed development by BSG Property in Georgetown in Penang. It is located between the famous tourist belt of Gurney Drive and Kelawai Road, next to Evergreen Laurel Hotel. The project comprises a 55-storey skyscraper, featuring a mixed of hotel rooms and condominium units Find out more about Marriott Residences Register your interest ... Read More
petach

Plans afoot to make George Town a more sustainable and resilient heritage city

The Penang Tourism and Creative Economy (PETACE) has planned to develop George Town World Heritage Site as a resilient heritage city and lift the state’s economy to greater heights in line with the Penang2030 vision. During the launching of the reports of George Town World Heritage Site Population & Land Use ... Read More
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AFFORDABLE: Bayan Lepas / M Summit Premium Sdn. Bhd.

A recently proposed affordable housing development by M Summit Premium Sdn. Bhd. in Bayan Lepas. Located along Jalan Permatang Damar Laut, right opposite SMK Bayan Lepas. This development is only about 2km away from Penang International Airport (PIA), less than a 10-minute drive to Free Industrial Zone high-tech manufacturing area ... Read More
permatang-rawa-mini-stadium

The upgraded Permatang Rawa Mini Stadium is now open

The Penang Stadium and Open Spaces Corporation (PSDKLPP) is now a custodian for the newly upgraded Permatang Rawa mini stadium in Bukit Mertajam. The Penang government, in a novation agreement signed today, transferred the rights and liability of the mini stadium to PSDKLPP. The objectives of the PSDKLPP are to develop, ... Read More
affordable-housing-monitor

Housing Ministry sets up committee to monitor affordable housing implementation

The Ministry of Housing and Local Government (KPKT) has established a committee to coordinate the implementation of 500,000 units of affordable housing for the duration of the 12th Malaysia Plan (12MP). Its minister, Datuk Seri Reezal Merican Naina Merican said the committee would monitor the implementation and provision of housing ... Read More
muze-picc-site-progress-nov2021

SITE PROGRESS: Muze @ PICC (Nov 2021)

About Muze @ PICC The first phase of residential offerings at Penang International Commercial City (PICC) integrated development by Hunza Group. This 43-acre development is strategically located within the vicinity of Bayan Baru township. It comprises two 58-storey towers featuring 846 residential units with 10 levels of car parking podium. Find out more about ... Read More
sky-residence

Ascott opens Sky Residence Prai in Penang

Sky Residence Prai, The Ascott Limited's (Ascott) first serviced apartment in Penang, has opened. Ascott is a wholly-owned subsidiary of CapitaLand Investment. Sky Residence Prai is its ninth operational property in Malaysia. With over 6,700 units in 26 properties across 11 cities, the addition of the serviced apartment will strengthen ... Read More
proposed-development-sunway-bintang

UPCOMING: Bukit Mertajam / Sunway Bintang Sdn. Bhd.

Proposed residential development by Sunway Bintang Sdn. Bhd. at Bukit Mertajam. Located off Persiaran Sunway Wellesley, next to Sunway Wellesley gated and guarded housing scheme. It is just a mere minute's drive to Bukit Mertajam town centre with an abundance of essential amenities within 5 minutes drive. This development will see three ... Read More