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komtar-lrt

Poring over Penang Transport Master Plan

Members of the Penang Transport Council (PTC) have been divided into two working groups to study the Penang Transport Master Plan (PTMP). Its chairman Chow Kon Yeow said one group would study the transport issues of the PTMP while another group would study the master plan of the three proposed ... Read More
Photo: My First Home Convention 2016 at Gurney Hotel

Demand from first-time buyers still strong

Instead of blowing their cash on pricey gadgets, young Malaysians are saving up for their first home. While most Gen Y shy away from owning property in developed countries and big cities, demand from millennials here is still holding, especially with parents assisting them with the downpayment, Real Estate and ... Read More
marriott-residences-new

Marriott Residences

Marriott Residences, a mixed development by BSG Property in Georgetown in Penang. It is located between the famous tourist belt of Gurney Drive and Kelawai Road, next to Evergreen Laurel Hotel. The proposed development comprises a new 55-storey skyscraper, featuring a mixed of hotel rooms and condominium units: Hotel (223 ... Read More
Nautical-Bay-main

Nautical Bay

Nautical Bay, a completed, build-then-sell condominium by OHM Group at Butterworth. It is located next to Affina Bay Condominium, about 3km away from the upcoming Penang Sentral. This development offers 28 residential units with gross built-up area of 2,152 sq.ft., and panoramic of Penang Island. There are only 2 units ... Read More
Mcc_6n7_PenangMonitor_3

Prices in Penang move sideways in the first quarter

The Penang housing market moved sideways on both the primary and secondary markets in the first quarter of the year, says Michael Geh (pictured), director at Raine & Horne International Zaki + Partners. “I noted active transactions on the secondary market with prices staying flat,” he says in presenting the ... Read More
Guardhouse

3 Residence Condominium

3 Residence, a mixed development by IJM at Sungai Pinang. It is strategically located along Lebuh Sungai Pinang 1, easily accessible via Tun Dr. Lim Chong Eu Expressway. Neighbouring communities include Ocean View condominium, The Spring , Nautilus Bay and The Maritime. The master plan of this development will offers a mix ... Read More
eco world

Eco World eyes Batu Kawan land for RM6bil project

Eco World Development Group Bhd is said to be eyeing a 300-acre leasehold site in Batu Kawan for a RM6bil mixed development project to be launched next year. Sources told StarBiz that the group could fork out up to RM700mil for the property, estimated at over RM50 per sq ft ... Read More
rena-park

Rena Park

Rena Park, an on-going development by Absm Land Sdn. Bhd. at Balik Pulau, Penang. Located next to Fragonard Garden by VST Group, about 10 minutes from Balik Pulau town center. This development comprises 35 units of 3-storey terrace houses, with 2 spacious design to choose from. All units come with a ... Read More
affordable-by-ion-development

AFFORDABLE: Balik Pulau / Ion Development Sdn. Bhd.

More options for those who are interested in affordable housing at Balik Pulau. Here is the proposal by Ion Development Sdn. Bhd., comprising a 10-storey low-rise condominium with 6 units of shoplots located at ground floor. This development is located immediately opposite South West District Police Headquarters, it between Heliconia ... Read More
tunnel-still-on

Firm claims mistakenly said Penang tunnel study on hold

The feasibility study for the controversial RM6.3 billion undersea tunnel is proceeding and expected to be done in six months' time, said Datuk Zarul Ahmad Mohd Zulkifli when correcting his statement to the contrary. The Consortium Zenith BUCG chairman today claimed he mistakenly told the media in Kuala Lumpur yesterday ... Read More