Homebuyers and investors should buy now because property prices are expected to rise next year due to higher building material costs in most building categories, according to Knight Frank Malaysia deputy managing director Keith Ooi. Ooi said, rising material costs will eventually have a trickle-down effect on selling prices. "Any ... Read More

The Penang Development Corporation (PDC) is planning to set up two more Global Business Services (GBS) buildings in the state to meet the growing needs of the GBS market. One of them will be located near the existing GBS@Mayang, while the other will be situated in the Bayan Lepas industrial area ... Read More

Yet another proposed serviced residence by Tambun Indah Group at Pearl City township in Simpang Ampat. Located along Persiaran Mutiara 8, this will be the third high-rise development within the vicinity of Pearl City. It is adjacent Palm Garden,  just across the street from Pearl City Mall and GEM International School ... Read More

Kerjaya Prospek Property Bhd’s wholly-owned subsidiary, Pixel Valley Sdn Bhd (PVSB), is acquiring a 1.97 hectares freehold land from Aspen Vision City Sdn Bhd (AVC) in Penang for RM27.57 million. In a filing with Bursa Malaysia today, it said PVSB has entered into a purchase and development agreement with AVC ... Read More

About Nusacinta @ Setia Fontaines The second residential component to be launched in the 1,675-acre Setia Fontaines master-planned township development by SP Setia. This will be the first gated residential precinct located next to the 63-acre man-made lake with a musical fountain. It comprises a total of 294 landed residential units, offering a few types of landed houses ... Read More

Despite the bad press and claims by non-governmental organisations that Penangites are generally against reclamation projects, many people and local businesses have benefited from such developments. Reclamation projects have given locals a place to call home and access to important infrastructure, and businesses new opportunities that generate new economic activities ... Read More

The Batu Kawan Industrial Park (BKIP) in south Seberang Perai, which is poised to be the next ‘Silicon Valley of the East’ after Bayan Lepas Free Industrial Zone (FIZ), continues to attract an influx of investments and job creations from local corporations. Two public-listed large local companies (LLCs), namely JHM ... Read More

In the spirit of Christmas, Mah Sing is gifting you easy ownership of Ferringhi Residence 2 with HouzKEY to light up your life. Move into this luxury resort condo anytime from RM1,080* per month, plus enjoy HOC benefits until 31 December 2021! Spacious Layout from 1,494sqft Resort-style Facilities Close to the ... Read More

Penang will consider building its light rail transit (LRT) line separately from an earlier transport master plan if the three islands project does not get regulatory approval. Previously, the three islands project, known as the Penang South Reclamation (PSR), was supposed to finance the LRT project with land from the ... Read More

The state Public Works Department (PWD) will make an application for an allocation to upgrade the roads in Bukit Tengah to ease traffic congestion. State Transport and Infrastructure Committee chairman Zairil Khir Johari (PH-Tanjung Bunga) said the Jalan Permatang Tinggi is a federal road and the allocation had already been ... Read More