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Penang Hill Gallery @ Edgecliff now open
After four years of transformation, the Penang Hill Gallery @ Edgecliff is finally open! From its outdoor terrace and balconies, the impressive art deco-styled bungalow offers an amazing 270-degree view of Penang island. Its interior features various artefacts, exhibits and stories of the hill. The Penang Hill Gallery @ Edgecliff is ... Read More
SITE PROGRESS: GEM Residences (July 2022)
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
BNM raises OPR by another 25 bps to 2.25%
The monetary policy committee (MPC) of Bank Negara Malaysia announced today that it has raised the overnight policy rate (OPR) by 25 basis points, raising it to 2.25%. This came amid rising food and energy prices. “The ceiling and floor rates of the corridor of the OPR are correspondingly increased ... Read More
Penang looks forward to having its largest convention centre by Q1 2025
The Penang Waterfront Convention Centre (PWCC), which is set to be the largest convention centre in the state, will act as a catalyst for more events to take place in the state after its scheduled completion in the first quarter of 2025. Chief Minister Chow Kon Yeow, who was present to ... Read More
TNB to build 8.5km monopole transmission tower in parallel with Penang bridge
Tenaga Nasional Bhd (TNB) is investing RM500mil to strengthen the electricity supply in Penang. In a statement published two weeks ago, TNB said the project would bring a direct connection of electricity supply from the national grid to Penang through overhead line transmission from the mainland to maintain the island’s electricity ... Read More
BNM likely to hike rates again in July and September
Malaysia’s central bank will raise rates by 25 basis points on Wednesday, its first consecutive rise in more than a decade, to rein in inflation stemming in part from a weaker ringgit as the US Federal Reserve hikes aggressively, a Reuters poll found. Bank Negara Malaysia (BNM), although dealing with ... Read More
Modest drop in property overhang in Q1 2022
The National Property Information Centre’s (Napic) property market snapshot for the first quarter of this year (Q1 2022) shows residential overhang has dropped marginally to 35,592 units valued at RM22.45 billion. Last year, the volume of residential overhang reached an “all-time high” of 36,863 units valued at RM22.79 billion. As ... Read More
Rent-to-own scheme to help Penangites owning their first home
The State Government intends to expand homeownership in Penang through ‘rent-to-own’ (RTO) which currently only involves Type A and Type B Affordable Housing (RMM). State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said, the proposed plan that will be introduced in the near future is to help Penangites to ... Read More
UPCOMING: Permatang Tinggi / Puncakcity Development Sdn. Bhd.
Newly proposed mixed development by Puncakcity Development Sdn. Bhd. at Permatang Tinggi. Strategically located on approximately 46 acres of land near the intersection of Jalan Permatang Tinggi and Jalan Rozhan, adjacent to Usahajaya Light Industrial Park and Taman Perwira Indah. It's just a mere minute drive to AEON Mall, and ... Read More
SITE PROGRESS: Urban Suites (Jun 2022)
About Urban Suites A commercial property development by Aspen Vintage Sdn. Bhd. (Cosmopolitan Homes) in the established township of Jelutong. It is easily accessible via Tun Dr Lim Chong Eu Expressway and surrounded by abundance of amenities. Urban Suites comprises two 42- storey towers, featuring 596 units of commercial suites. Find out more about Urban Suites Register your ... Read More
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- @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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- Any more info? ...Alissa on Pinang Perdana
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- @walter Good point. If for own stay rather just pure invest then Lumina perhaps a...Life is wonderful on Lumina Residence
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- 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