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Upcoming-Immense-Properties

UPCOMING: Georgetown / Immense Properties SB.

A proposed residential development scheme on a small piece of land along Jalan Cheah Choo Yew in George Town. It is located next to Desa Singpora, about 10 mins walk away from Penang Times Square. The proposed development will see the demolition of the existing warehouse for a 27-storey condominium, offering 44 residential units with a mixed of ... Read More
metn_2a_2403_phj_1

Upgraded Tun Dr. Lim Chong Eu Expressway to open from March 28

Motorist heading to Batu Maung in Penang can look forward to a smoother ride on the newly upgraded Tun Dr Lim Chong Eu Expressway. The 4.4km two-way four-lane expressway will be opened to traffic from March 28. As for the RM337mil Bayan Lepas Expressway (BLE) link to the Sultan Abdul ... Read More
1mdb-air-itam

More bids for 1MDB Penang land

Two more companies have joined the race to bid for 1Malaysia Development Bhd’s (1MDB) land in Air Itam, Penang. Sources said that Suiwah Corp Bhd, a supermarket chain operator, and Titijaya Land Bhd, a Klang Valley-based property developer, have put in their bids for the 94.7ha in Air Itam. Earlier, ... Read More
jelutong-landfill

Two bidders for landfill site want more land

The two bidders that submitted proposals for the rehabilitation and development of the Jelutong dumpsite have sought to be allowed to reclaim additional land. “The two companies — a Penang-based company and a Federal government-linked company — did not meet major requirements of the request for proposal (RFP), which were ... Read More
setia-sky-ville

Setia Sky Ville

Setia Sky Ville, one of the most anticipated development by SP Setia in Jelutong. It is strategically located off Lorong Slim, just a short drive away from various high schools, namely Heng Ee secondary school, Penang Free School and Han Chiang College. The proposed development features 550 condominiums of 1,036 sq ft to 1,424 ... Read More
the-zen

The Zen

The Zen, mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development by Tropicana Ivory. This development will see the construction of a 46-storey skyscrapper with two residential towers, and shop offices ... Read More
penang highway

Bayan Lepas Expressway (BLE) to open on April 6

* UPDATE: The elevated expressway will open on April 6 @ 2PM * The RM338mil Bayan Lepas Expressway (BLE) linked to the second Penang bridge is expected to be open on April 4. Penang Federal Action Council chairman Datuk Seri Zainal Abidin Osman said work on the project was at ... Read More
p5_bizw_180316_pg05a_tankimbock_1

The rise of Aspen

If the planned reverse takeover (RTO) of tile manufacturer Yi-Lai Bhd goes through, it would see the entry of one-up-and coming property developer from Penang, Aspen Vision Group and its co-founder Datuk M. Murly into the capital market. Murly is becoming well known in property circles for his Aspen Group, ... Read More
vertu-vs-one-foresta

Vertu Resort vs One Foresta

Many have been asking whether is there any possibility of property price in mainland to be on par or better than in Penang Island? Vertu Resort at Batu Kawan is selling at the same price as One Foresta open market units at Sungai Ara. So if you have a budget ... Read More
PTMP

Speed up Penang Transport Master Plan to ease jams

The Penang Chinese Chamber of Commerce (PCCC) has urged the state government to speed up the implementation of Penang Transport Master Plan (PTMP). PCCC president Datuk Seri Choot Ewe Seng said it was needed to help alleviate traffic congestion in the state. He said tourists started flocking to the city ... Read More