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Mah Sing sells land in Georgetown for RM66.33 million
Mah Sing Group Bhd, one of the biggest property development companies in Malaysia by asset size, intends to use the money raised from the sale of an undeveloped plot of land in Penang to buy more land in the future. Its fully owned subsidiary Klassik Tropika Development Sdn Bhd is ... Read More
Penang road closure on Sept 15 for WCIT 2022
Several roads in Penang will be closed to make way for the 26th edition of the World Congress on Innovation and Technology (WCIT) 2022. Penang police chief Datuk Mohd Shuhaily Mohd Zain (pic) said roads which will be closed from 5pm on Sept 15 are Jalan Tun Syed Sheh Barakbah, ... Read More
UPCOMING: Nibong Tebal / Chen Yu Land Sdn. Bhd.
A proposed 70-acre residential development by Chen Yu Land Sdn. Bhd. (a subsidiary of IJM Land) at Nibong Tebal. Strategically just a stone's throw away from the entry point of Jawi toll, about 12 minutes drive to the south of Penang Second Bridge. It is within close proximity to several public ... Read More
SITE PROGRESS: Havana Beach Residences (Sept 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). *Images show progress in Aug 2022 Find out more about Havana ... Read More
Old wooden premises in Perak Road to be demolished making way for new development
For over six decades, taxi driver Tan Teong Poh has lived in a zinc-roofed wooden house in Perak Road, George Town in Penang. The 68-year-old, who is the third- generation occupant of the house, has many fond memories of his home. “My grandfather was one of the pioneers and he was ... Read More
Desa Baiduri apartment in Paya Terubong to get facelift
The Desa Baiduri apartment in Paya Terubong will soon be given a new coat of paint as repainting works are scheduled to take place at Block 1A and 1B there. Chief Minister Chow Kon Yeow, who visited the premises earlier, said the repainting works were expected to cost RM617,000. State ... Read More
Affordability issues continue to loom over potential homebuyers
PropertyGuru Malaysia released its biannual Consumer Sentiment Study for H2 2022, which found that potential homebuyers are facing affordability issues in their homeownership journey, with 51% of respondents understanding that they are not qualified for government affordable housing schemes, and are not able to purchase property without financial assistance. With ... Read More
BNM raises OPR by 25 bps again, to 2.5%
Bank Negara Malaysia (BNM) has raised the overnight policy rate (OPR) by 25 basis points (bps) to 2.50%. This is the central bank’s third consecutive rate hike. In a statement, BNM said that despite continued easing in global supply chain conditions, inflationary pressures have remained high due to elevated commodity ... Read More
SITE PROGRESS: Anggun Residences (Sept 2022)
About Anggun Residences Anggun Residences located beside Design Village Outlet Mall in Batu Kawan is the flagship residential project undertaken by PE Development (Penang) Sdn Bhd, a subsidiary of PANSAR Berhad in West Malaysia. Designed as a condotel concept, these 496 units of spacious 3-bedroom apartments comes with maximised functional ... Read More
PDC calling for RFT for Sia Boey Urban Archaeological Park
The state government, through the Penang Development Corporation (PDC), is now calling for the Request For Tenancy (RFT) for its Sia Boey Urban Archaeological Park. Chief Minister Chow Kon Yeow, who is also the PDC chairman, said the primary goal of the RFT is to revitalise Sia Boey and to ... Read More
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- @Puzzled I believe 80% of that 30% are units reserved for BoonSiew. They have this...walter on Lumina Residence
- @Puzzled I'm dilemma of Lumina or Queens residence Q3. I have 1M budget here but...JC on Lumina Residence
- Correct. Ang Mos/expats holding senior position prefer locations that offer a well blend of greenery,...Puzzled on Lumina Residence
- @Ora small issue. the condo market value is approaching 900k now ...chookimhock on The Cube
- @Ora 500k? Daily rob!! Seaview condo!! ...Ryu on The Cube
- @damien I would be more worry if my apartment/house is on or next to hill...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Ryu Ya, agree with you that normally seafront coastline properties will get hit in a...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @KC I heard my friends said he bought the zen paying 500+k and the unit...Ora on The Cube
- @damien Why worry? I have many house. Later repair. No problem. Seafront coastline is normal...Ryu on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Oh nice Haha, not worried, just saying. According to disaster dept analysis, during the recent...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
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- Affordable Housing (Penang Island)
- Butterworth Arena
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- GBS @ The Waterfront
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- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
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- Penang Arts District
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- Penang Medical & Digital Technology Hub
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