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Repurposing abandoned hawker complex, leasing heritage shophouse

The Penang Island City Council (MBPP) is open to considering proposals for the alternative use of an abandoned two-storey hawker complex in Lengkok Erskine, apart from its original purpose as a food court. Nicholas Theng Jie Wey, the MBPP alternate chairman of the Finance Committee, revealed that despite three previous calls ... Read More
andaman-consttruction

E&O: Short-term rental ban in Penang has led to increase in property value and rental yield

The ban on short-term rental in Penang has resulted in an increase in property values and rental yields, according to Eastern & Oriental Bhd (E&O). E&O executive chairman Datuk Tee Eng Ho said the group's property development in Penang was never intended to be marketed as an investment play. "Whichever ... Read More
damai-springs-terrace

Damai Springs

Damai Springs, a small landed housing development by General Supreme Sdn. Bhd. (a subsidiary of Airmas Group) in Bukit Mertajam. Strategically located near Jalan Betek, diagonally opposite Harmoni Residensi gated and guarded community by the same company. With direct access to the ever-bustling Jalan Song Ban Kheng, an abundance of essential amenities ... Read More
undersea-tunnel-await-port

Penang’s undersea tunnel project awaits port masterplan

The fate of Penang’s undersea tunnel project hinges on the comprehensive masterplan for the North Butterworth Container Terminal (NBCT), set to be finalised by the Penang Port Commission (PPC) by the year’s end. Zairil Khir Johari, chairman of the state Infrastructure, Transportation, and Digital Economy Committee, emphasised that the preservation of ... Read More
Penang-LRT-pic

Penang LRT project is on track

The Penang light rail transit (LRT) project is on track to become a reality, the state legislative assembly heard on Tuesday. State Infrastructure Committee chairman Zairil Khir Johari said the project manager, Mass Rapid Transit Corporation Sdn Bhd (MRT Corp), has already called for a tender to appoint a consultant ... Read More
spice-relau-view

Housing prices in Penang aligned with economic trends

The rise in housing prices in Penang correlates with the growth in household income, Datuk Seri Sundarajoo Somu (PH-Perai) said. Replying to an oral question posed by Muhammad Fauzi Yusoff (PN-Sungai Dua) during the State Legislative Assembly yesterday, Sundarajoo, a first-term assemblyman, substantiated his claim with the data reported in the ... Read More
market

Seberang Jaya’s new market is set to open in August 2024

The long wait for a more conducive shopping ambience for market-goers in Seberang Jaya, Penang, will be finally over when the new Seberang Jaya Market and Hawker Centre opens to the public in August next year. Construction of the RM19.5mil building on a 5.05ha land in Jalan Tenggiri began in 2019 ... Read More
eabc-model

Penang’s first integrated senior living resort scheduled for 2026

Penang is set to have the first integrated senior living resort that will be built in Balik Pulau. It is scheduled to be fully completed in 2026. The 32-acre project, known as Eden at Botanica CT (EABC), will feature a nursing care residence and a low-density active living resort comprising ... Read More
proposed-development-by-sa-marvel

UPCOMING: Simpang Ampat / SA Marvel Sdn. Bhd.

A proposed commercial development by SA Marvel Sdn. Bhd. in Simpang Ampat. Situated strategically along the Federal Route 1 at the intersection of Jalan Perdana. The proposed site is in close proximity to the Northern Lights Private School (NLPS) and the under-construction RITZE Perdana residential scheme, both developed by the ... Read More