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Developer SP Setia launching condo units and semi-detached homes this year
Renowned developer SP Setia Bhd is launching two new projects in Penang this year. They are Solok Slim, the developer’s maiden project in Jelutong, and Isle of Palm in Setia Pearl Island, Sungai Ara. Solok Slim consists of two 33-storey condominium blocks with a total of 550 units on a ... Read More
Stagnant market in Penang keeps price growth minimal in 3Q
Movement in values in Penang’s secondary residential market remained stagnant this year due to a lack of transactions, says Raine Horne International Zaki + Partners Sdn Bhd senior partner Michael Geh. Presenting The Edge/Raine Horne International Zaki + Partners Penang Residential Property Monitor 3Q2015, Geh says 1-storey terraced houses with ... Read More
Mixed Development by Plenitude @ Tanjung Tokong
An on-going seafront mixed development by Plenitude Bayu Sdn. Bhd. in Tanjung Tokong, Penang. It is strategically located next to Four Points by Sheraton, just a short walk away to Penang Chinese Swimming Club. This 37-storey skyscraper will consists of the following: 29 levels of residential condominium (98 units) 15 ... Read More
UPCOMING: Sungai Ara / PPH Resorts Sdn. Bhd.
A proposed luxury development by PPH Resorts Sdn. Bhd. in Sungai Ara, Penang. It is situated on a hill next to Setia Pearl Island, with panoramic views over Penang International Airport and second bridge. This development comprises 68 units of 3-storey bungalow houses, with four different design layouts. This is still in ... Read More
Aspen Group eyes listing by end-2016
Penang-based property player Aspen Vision Development Sdn Bhd (Aspen Group) is targeting to have its shares floated — either on the Main Market of Bursa Malaysia or the Catalist board of the Singapore Exchange (SGX) — by the fourth quarter of this year, according to Aspen Group co-founder and chief ... Read More
E & O gains more time to finish Seri Tg Pinang reclamation
Eastern & Oriental Bhd (E&0) has been given three additional years to complete the reclamation works for phase 2 of the RM25bil Seri Tanjung Pinang development. The property developer told Bursa Malaysia that its indirect subsidiary Tanjung Pinang Development Sdn Bhd (TPD) and the Penang state government inked on Wednesday ... Read More
UPCOMING: Simpang Ampat / Oriental Eagles Sdn. Bhd.
Following the success of Eco Meadows gated and guarded scheme by EcoWorld, another commercial development has recently been proposed by Oriental Eagles Sdn. Bhd. along Jalan Paboi. It is located next to the intersection of Bukit Tambun exit, less than 2km away from Eco Meadows. This is a 28-storey commercial development, ... Read More
OWG to finish RM180mil Komtar revitalisation job by year-end
Only World Group Holdings Bhd (OWG) expects to complete the project to revitalise the 65-storey Komtar tower in Georgetown, Penang, in the second half of this year. The food outlet and water amusement park operator had announced on Monday that it would use RM48mil from the estimated gross proceeds of ... Read More
Penang restructures affordable housing
Penang government today announced the rebranding of low-cost and medium-cost houses to affordable housing types A and B. With the rebranding, low-cost houses costing RM42,000 each will now be known as affordable housing type A and low medium-cost houses priced at RM72,500, as affordable housing type B. State Housing, Town ... Read More
PLB acquires Phoenix Residences and project at Batu Maung
Those who are waiting for this proposed project at Batu Maung, you can expect to see the launch of the semi-detached and bungalow houses soon with the latest acquisition by PLB Engineering Bhd. Read the news below: PLB buys Penang property developer for RM23.5mil PLB Engineering Bhd has acquired property developer Phoenix Residences ... Read More
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RECENT COMMENTS
- @Loon Project already sold out. very hot launch ...chookimhock on The Pier
- Have this project start building? Any status we can refer? Thanks ...Philip on Versa
- It looks like very less discussion with this project. Where are the actual buyers? Any...Loon on The Pier
- Concerned : The upgrade of drainage system that is part of this project is...Concerned on Jalan Alma – Jalan Bukit Minyak road expansion project completed
- The upgrade of drainage system that is part of this project is totally a failure....Concerned on Jalan Alma – Jalan Bukit Minyak road expansion project completed
- The next Kompleks Bukit Jambul and 1-stop Midlands Park Centre ...Captain Light on Sunshine Residence
- @kokoabc It's easily for mall to sustain or expand with all the international well branded...Alvin on Sunshine Residence
- this will become another pacific megamall ...kokoabc on Sunshine Residence
- @RaymondWR Hello, wondering if there is a group chat for owner? Thanks in advance!! ...KY on Waterside Residence
- @Cun Great investment. Soon it will hit over 1M price tag as successful launch of...Alvin on Sunshine Residence
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams