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Enovix to open its silicon battery plant in Penang with a RM5.8 billion investment
Enovix Corporation, an advanced silicon battery company, will establish its first high-volume manufacturing facility in Penang, marking a significant milestone in the company's global expansion strategy. The company's investment plan was disclosed by Prime Minister Datuk Seri Anwar Ibrahim following a one-on-one meeting held on the sidelines of the Asia-Pacific ... Read More
Penang considers standardising plot ratio and density for housing development
In a bid to further stimulate the housing industry on the mainland, the Penang government is looking at standardising the plot ratio and density for housing development. At present, the plot ratio for development projects statewide, depending on the type of project and location, is between 2.8 and 3.5. A ... Read More
Urban Regeneration Project planned for Mahsuri Flats in Bayan Baru
Moving into a new home can be one of life’s greatest joys. K. Leelavathi has been living at Mahsuri Flats in Bayan Baru, Penang, since 1990 and is looking forward to moving into better housing. The flats have been slated as one of five urban regeneration projects (URP) in Penang ... Read More
PDC’s 54-Year significant contribution to livability and economic growth
Over the years, the Penang Development Corporation (PDC) has developed three satellite towns in Penang – Bayan Baru, Seberang Jaya and Bandar Cassia. Together with the Penang government, the corporation has been providing affordable homes to Penangites. Penang Chief Minister Chow Kon Yeow, who is also PDC chairman, said 18,783 ... Read More
Upcoming serviced residence at Bayan Mutiara
A proposed mixed development by Mutiara Biopolis Developments Sdn. Bhd. at Bayan Mutiara. Strategically located adjacent to Tun Dr. Lim Chong Eu Expressway, just a short drive away from Penang Bridge. It is adjacent to The Zen development by Asia Green and neighboring with D'Residence gated communities. A few other on-going ... Read More
Hunza Group celebrates its 45th anniversary in style
It was definitely a night to remember at the Hunza Group 45th anniversary celebration held at the Setia SPICE Convention Centre in Bayan Lepas yesterday night. Hundreds of dignitaries, including government officials and special guests, attended a luxurious and delicious buffet dinner accompanied by various cultural performances. The anniversary celebration ... Read More
SITE PROGRESS: GEM Residences (Nov 2023)
About GEM Residences GEM Residences, a commercial development by Belleview Group at Prai, Penang. It is part of the company's 6 hectares mixed development along Jalan Baru, diagonally opposite Megamall Penang. Next to it will be the upcoming largest mall in the northern region - GEM Mall, the tenant mix include ... Read More
Major infrastructure projects in Penang enhance sector prospects
Penang's ongoing infrastructure developments, including the Bayan Lepas light rail transit (LRT) and Silicon Island projects, are elevating the outlook for several companies in the construction and property development sectors. This is according to a research report by Maybank Investment Bank (Maybank IB) which identified beneficiaries including Gamuda Bhd, IJM ... Read More
SITE PROGRESS: Ideal Residency (Nov 2023)
About Ideal Residency Affordable housing development by Ideal Property Group in Penang Island. This development is strategically located on Kampung Kastam land near the intersection of Jalan Bukit Gambier and Jalan Lembah, less than 2km away from University Science Malaysia (USM). It features 1,218 affordable housing units with a standard built-up ... Read More
A-Park
A-Park is a guarded light industrial park development undertaken by Ancubic Industries Sdn. Bhd., situated in proximity to Valdor Industrial Park. It is positioned along Jalan Perindustrian Valdor, adjacent to Khong Long Huat Chemicals Sdn. Bhd. Additionally, it is conveniently accessible, being just a 5-minute drive away from Batu Kawan Industrial Park, ... Read More
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- @walter Correct. Those are MM2H expats hotspot traditionally in north. I don't see much of...Life is wonderful on Lumina Residence
- @Life is wonderful "Why is The Light unpopular for expats?". You should maybe ask that...walter on Lumina Residence
- @chookimhock Thanks! You're late. Not 3 years after but 3 years before. I have 5...HenQi on The Cube
- @chookimhock I already millionaire & billionaire of hair. Good investment. The appreciation is high because...Ryu on The Cube
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- Affordable Housing (Penang Island)
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