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UPCOMING: Butterworth / CBD Capital Sdn. Bhd.
An upcoming high-rise development proposed by CBD Capital Sdn. Bhd. at Butterworth. This project comprises a 15-storey 205-unit service apartment with 3 retail units located at ground floor. It will also comes with facilities such as swimming pool, gymnasium and etc. This development is located just next to Butterworth Outer Ring ... Read More
Good news for renters, not so much for buyers
Are you currently renting or looking to rent? If you are, there might be some good news for you on the horizon. Rental charged for condominium units is expected to drop by 20% to 40% due to an oversupply: as more and more of them become ready for occupancy and ... Read More
Debating DIBS for the property market
The Government is considering housing developers’ request to reintroduce DIBS (Developers Interest-Bearing Scheme) for first-time house buyers. Minister in the Prime Minister’s Department Datuk Seri Abdul Wahid Omar says the Government is discussing whether to relax current buying and lending guidelines for first-time house buyers. “It is still at the ... Read More
Penangites are hoping a rail-based transport system will be the answer
Slow-moving traffic has become the daily bane of road users on Penang Island and has recently gotten worse. With a population of 752,800 people, the island had 1.03 million private car registrations in 2014 – a staggering increase of 32.9% in seven years from 2008. Road users commute for various ... Read More
AFFORDABLE: Bukit Mertajam / Villa Acres Development S.B.
A newly proposed affordable housing project by Villa Acres Development Sdn. Bhd. at Bukit Mertajam, Penang. If approved, this will be one of the very strategic affordable housing location in the mainland that I have known so far. It is strategically located along Jalan Betek, easily accessible via the ever ... Read More
E&O awards reclamation works to China firm
Eastern & Oriental Bhd (E&O) has awarded a contract to China Communications Construction Co Ltd (CCCC) to undertake land reclamation works for Seri Tanjung Pinang Phase 2 (STP2) in Penang. In a filing with Bursa Malaysia, E&O said its subsidiary Tanjung Pinang Development Sdn Bhd had issued a letter of ... Read More
Penang unveiling innovative housing packages in stages
A string of innovative housing packages to counter the high rate of bank loan rejections will be introduced in Penang soon. State Housing, Town and Country Planning Committee chairman Jagdeep Singh said details of the packages, which would be introduced in stages, would help to cushion the loan rejections of ... Read More
UPCOMING: Butterworth / Praicon Corporation Sdn. Bhd.
A proposed high-rise commercial development by Praicon Corporation Sdn. Bhd. in Butterworth, Penang. Strategically located along Jalan Chain Ferry, walking distance to Econsave Hypermarket, just a short drive to Harbour Place integrated development by PJD Group. This development will consist of a 27-storey commercial building with 154 units of service ... Read More
Four options given to squatters
A developer has offered four compensation options to residents of 823 squatter units in Sungai Nibong Kecil and Sungai Nibong Tengah, Penang, who have to make way for a mixed development project. The options given by Hunza Properties Berhad are cash, cluster houses in Bertam and low-cost flats in Bertam ... Read More
Budget 2016: What’s in it for housing?
First-time buyers of affordable houses not left out too Various house ownership programmes for all levels of income have been allocated for in Budget 2016. Prime Minister Datuk Seri Najib Tun Razak said PR1MA would build 175,000 houses, which will be sold at 20% below market prices, with an allocation ... Read More
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RECENT COMMENTS
- Congratulations to MPSP i hope they will carry on more upgrading works to ease traffic...Selvaraj on Jalan Alma – Jalan Bukit Minyak road expansion project completed
- @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
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
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- 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