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Industrial property transactions are expected to surge by 10% in 2024

According to a news report from TheStar newspaper, Industrial property transactions and prices in Penang are predicted to experience a significant rise of approximately 10% in 2024 due to the growing demand for industrial properties. One Asia Property Consultants (Pg) Sdn Bhd executive director Chandra Mohan Krishnan has stated that ... Read More
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Hunza Group breaks the ground for Phase 2 of PICC

Hunza Properties Berhad started the second half of 2023 with a bang as they successfully broke the ground for Phase 2 of Penang International Commercial City (PICC) here at the doorstep of the soon-to-be-completed MUZE at PICC. PICC was first unveiled to the public back in 2018 in conjunction with ... Read More
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Ayer Itam – Tun Dr LCE Expressway bypass on track for completion by January 2025

The construction of Bandar Baru Air Itam to Tun Dr Lim Chong Eu Expressway (Package Two) bypass is now at 35.14%. Project director Nasfiza Mokhtar, who was from the Public Works Department and currently with Penang Infrastructure Corporation (PIC), said the project was behind schedule by about 2%. She said, however, ... Read More
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First-time house buyers to continue enjoying stamp duty exemption

First-time house buyers will continue to enjoy a 100 per cent stamp duty exemption for purchases not exceeding RM500,000 via the Malaysian Home Ownership Initiative (i-Miliki) as provided for under Budget 2023, said the Finance Ministry (MoF). It said a 75 per cent stamp duty exemption will also be given ... Read More
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SITE PROGRESS: Celesta Residency (Jun 2023)

About Celesta Residency Mixed development by Red Blue Development Sdn. Bhd. (TGB Group) in the established township of Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, diagonally opposite three public schools, namely SRJK(C) Kwang Hwa, SRJK(C) Shih Chung and SMK Sungai Nibong. It features a mix of residential and ... Read More
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Ikano Centres Enhances Community Offers at Klippa Shopping Centre in Batu Kawan

Ikano Centres, a leading retail developer, is delighted to announce the highly anticipated opening of two major additions at Klippa, located in Batu Kawan’s growing township in Penang. Joining the retail line-up is a petrol station, to be operated by Caltex, and mainland Penang’s first Decathlon store which will further ... Read More
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The Millennia expands affordable units to cater growing demand

The Penang Housing Board's first affordable housing project, The Millennia, is expanding to meet the growing demand for affordable housing in Penang. Originally planned to consist of 1,197 units, the project will now provide a total of 1,260 units. The revised plan includes 300 low medium-cost units, measuring 705 square feet ... Read More
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Aston Minka Residences

Aston Minka Residences, an affordable housing development by KH Venture Estate Sdn. Bhd. (Jayamas Property) in the heart of Bukit Mertajam. Located on a 1.29-acre land along Lebuh Aston, immediately opposite Aston Park East gated and guarded housing scheme. It is just a stone's throw away from Jit Sin Independent High School, surrounded by ... Read More
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UPCOMING: Permatang Pauh / Bright Gravity Sdn. Bhd.

A proposed landed housing development by Bright Gravity Sdn. Bhd. in Permatang Pauh. Situated near Jalan Permatang Puah and adjacent to Villa Primero gated scheme, this project boasts a strategic location. With a mere distance of 500 meters from the Butterworth-Kulim Expressway, future residents will enjoy easy connectivity to neighboring townships ... Read More
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Taman Panchor Damai

Taman Panchor Damai, a residential development by Super Greenview Sdn. Bhd. at Nibong Tebal. Located on a 2.65 acres narrow land along Jalan Bukit Panchor, right next to Bukit Panchor Health Clinic. It is only a 5 minutes drive from Jawi Toll Plaza, less 2km to Nibong Tebal KTM Station. Schools ... Read More