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MIEA: Property market to recover in 2022 with renewed consumer confidence
A strong recovery in 2021 from 2020 has signalled a return of consumer confidence and an improved property market this year, said the Malaysian Institute of Estate Agents (MIEA). In a statement today, MIEA president Chan Ai Cheng said that more importantly, the public must take heed of the fact ... Read More
Penang tunnel must be at least 23m under seabed
If there is to be a tunnel under the sea between the Penang island and the mainland, it needs to be at least 23m beneath the seabed – almost equal to the height of a seven-storey building. This is among the critical technical considerations to ensure the port’s growth if ... Read More
Eco-Tourism Hub @ Batu Kawan
A proposed eco-tourism hub by Penang Development Corporation at Batu Kawan. It will be located on 46.77 hectares of land in the northern part of Bandar Cassia - The largest integrated township in northern Malaysia. This project was showcased as Penang's future eco-tourism hub during the recent Expo 2020 Dubai. Proposed location: DISCLAIMER: ... Read More
BNM: Housing market activity improves heading into 2022
Some improvements in housing market activity are visible heading into 2022, although the number of unsold houses remained high at 180,702 units in the third quarter (Q3) of 2021. Disruptions caused by the pandemic partly contributed to the slower clearance of unsold housing stock despite ongoing home purchase incentives, said ... Read More
SITE PROGRESS: Havana Beach Residences (Mar 2022)
About Havana Beach Residences Affordable housing development by Ideal Property Group at Bayan Lepas. Strategically located near Jalan Tun Dr. Awang, less than 2km away from Penang International Airport. It is about 5 minutes walking distance to SMJK Heng Ee (Bayan Baru branch). Find out more about Havana Beach Residences Register your ... Read More
UPCOMING: Prai / G Land Development Sdn. Bhd.
Yet another proposed serviced residence development by G Land Development Sdn. Bhd. (a subsidiary of Hua Yang Berhad) at Prai. Strategically located on a 2.3-acre land along the busy road of Jalan Baru, next to Meritus Residendi serviced residence by the same company and Tian Siang Premium Auto. It is ... Read More
Penang’s ferry terminals upgrade to be completed by August
The project to upgrade the two ferry terminals in Penang will be completed in August and will have airport-like facilities as well as cater to persons with disabilities (PwD). Penang Port Commission (PPC ) chairman Datuk Tan Teik Cheng said the upgrading works at the Pangkalan Sultan Abdul Halim (PSAH) ... Read More
Desa Mawar neighbourhood park at Air Itam now officially opened
It was a joyful Sunday morning for those living in Air Itam as the Penang government officially announced the opening of the long-awaited Desa Mawar neighbourhood park here. Measuring 6,855sq ft, the park was upgraded and installed with various attractive facilities for the people to enjoy. The construction works at the ... Read More
Titijaya and DHL to develop semiconductor logistic facility in Batu Maung
Penang will see the establishment of its first-ever ultra-modern logistics commercial complex in Bayan Lepas next year. Titijaya Land Berhad and DHL Supply Chain (M) Sdn yesterday signed a Memorandum of Agreement (MoA) to develop the complex at a 20-acre mixed development site in Bayan Lepas. Chief Minister Chow Kon Yeow, ... Read More
SITE PROGRESS: Queens Residences – Q2 (Mar 2022)
About Queens Residences Luxury waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar Condominium, just stone’s throw away from Queensbay Mall. Find out more about Queens Residences Register your interest here to keep yourself updated with ... Read More
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- Is everything delayed the way of life in Penang ? ...chita on Penang undersea tunnel feasibility study delayed due to port expansion plans
- @millionaire Wrong mindset. Don't try to twist the issue around like roti canai. Very straight...Hee Chan on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- this project already cancelled. no longer valid. developer tried to sell this project 2 years...WC Ong on UPCOMING: Jelutong / Kay Pride Sdn. Bhd.
- @Hemsley People see things at different angles. A lot of subsale transaction for you is...millionaire on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- Anyone buy? any comment? ...Sunny on Residensi Rambai Indah
- Marriot should JV with The Zen ...Minion on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- @chita Good point. House is for own stay. Too expensive & investment will lead to...Howly on Penang among top spenders in Malaysia for decent living
- @celia Yes. 500k is not expensive. Future price will increase further especially prime location like...Hee Chan on Clear definition of affordable housing urged to align supply with demand
- @felix You're absolutely right. We don't need another prestigious address like Queens waterfront as even...Hee Chan on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- @lenny 500千你也觉得贵吗?你是马来西亚那一个洞来的? ...celia on Clear definition of affordable housing urged to align supply with demand
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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