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NBCT

RM250mil expansion plans for the NBCT will forge ahead

Penang Port Sdn Bhd (PPSB) chief executive officer Datuk Sasedharan Vasudevan said RM250mil would be spent over the next three years. This follows the development of new industrial parks in Perak, Kedah and Perlis. “With industrial parks in Padang Terap, Kota Perdana, Sidam and Kulim in Kedah, there is tremendous ... Read More
lucerne-residences-site-progress-apr2024-1

SITE PROGRESS: Lucerne Residences (Apr 2024)

About Lucerne Residences The final phase of residential development by Ideal Property Group at Ideal Vision Park in Bayan Lepas. It is just a short drive to Penang International Airport, 10 minutes walking distance to Straits International School. The project will see two blocks of 36-storey skyscrapers featuring a European living concept. It offers 480 ... Read More
cable-car-illustration

Construction of the Penang Hill cable car project set to begin next month

The construction of the Penang Hill cable car project is set to commence next month, or latest by June, as confirmed by Penang Infrastructure, Transport, and Digital Committee chairman Zairil Khir Johari. Zairil mentioned during a short media briefing, prompted by reporters, that planning permission was secured in January of this ... Read More
aralia1

Aralia Park

Aralia Park, a serviced residence development by Palmington Sdn. Bhd. (Tambun Indah Group), situated in the Pearl City township of Simpang Ampat. It is positioned along Persiaran Mutiara 8, neighboring the Palm Garden to its left, with XCL International School behind it, and Pearl City Mall to its right. This ... Read More
the-meg-site-progress-apr2024

SITE PROGRESS: The Meg @ Andaman (Apr 2024)

About The Meg @ Andaman The first project in Andaman Island, the highly-anticipated prime reclaimed island of Seri Tanjung Pinang Phase 2A by E&O. Features two blocks of 27 and 34-storey serviced apartments with an estimated GDV of RM690 million. It comprises 1,020 residential units with innovative layouts designed to suit ... Read More
proposed-development-ventas-sdn-bhd

PROPOSED: Gurney Drive / Ventas Sdn. Bhd.

Yet another upcoming luxury development nestled along the ever-bustling Gurney Drive, this project is undertaken by Ventas Sdn. Bhd. Situated adjacent to the newly completed Marriott Residences and offering picturesque views of Gurney Bay, it is merely minutes away by car to Gurney Plaza and Gurney Paragon. This development will entail ... Read More
spice-relau-view

INSPEN: Property-related jobs are in demand

Professionals such as valuers, property managers and real estate agents have a bright future, in line with the growing demand seen in the real estate industry, National Institute of Valuation (Inspen) director Aina Edayu Ahmad said. She noted that as of the fourth quarter of 2023, the residential stock to be managed and transacted ... Read More
neutral-outlook-1h2024

Real estate developers maintain neutral outlook for Malaysia’s property sector in 1H2024

In the latest findings presented by the Real Estate and Housing Developers’ Association Malaysia (Rehda Malaysia), the pulse of Malaysia's property industry for the first half of 2024 suggests a cautious stance among developers. The report, titled "Property Industry Survey 2H2023 and Market Outlook for 2024," was unveiled to the ... Read More
tps-jalan-jelutong

The rebuild of TPS Jalan Jelutong completed ahead of schedule

The TPS (Temporary Hawker Site) along Jalan Jelutong, which was ravaged by fire on January 5th, has been completed ahead of schedule and will begin its handover to vendors starting April 15th. Lim Siew Khim, for Social Development, Welfare, and Non-Islamic Religious Affairs, expressed relief that the successful completion of the ... Read More
lightwater-residences

Lightwater Residences

Lightwater Residences, formerly known as The Essence, is the second residential project at The Light City integrated development by IJM Perennial Development Sdn. Bhd. Located at the northern part of The Light City, less than 3 minutes drive to Penang bridge. It is next to the upcoming The Waterfront Shoppes. This development consists ... Read More