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UPCOMING: Butterworth / Airmas Group
Newly proposed small landed housing development by Airmas Group at Butterworth. Located on a 1.5-acre land near the ever-bustling Jalan Raja Uda, it is less than 4km away from Penang Sentral and Butterworth ferry terminal. The site is next to Taman Riang, surrounded by mature amenities which include banks, popular ... Read More
SITE PROGRESS: GEM Residences (Aug 2020)
About GEM Residences GEM Soho, a commercial development by Belleview Group at Prai, Penang. It is part of the company's 6 hectares mixed development along Jalan Baru, diagonally opposite Megamall Penang. Next to it will be the upcoming largest mall in the northern region - GEM Mall, the tenant mix include ... Read More
Government seeks alternative ways to overcome property overhang
The Ministry of Housing and Local Government (KPKT) says it will find alternative ways to overcome the property overhang situation other than imposing a vacancy tax for developers who fail to sell their properties. Minister Zuraida Kamaruddin said a decision on the imposition of a vacancy tax on unsold units ... Read More
SITE PROGRESS: Queens Residences (Aug 2020)
About Queens Residences Luxury waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar Condominium, just stone’s throw away from Queensbay Mall. Find out more about Queens Residences Register your interest here ... Read More
MPPP introduced ‘Early Commencement Work’ Initiative
The Penang Island City Council (MBPP) has announced its ‘Early Commencement Work’ initiative for the construction industry involving residential and commercial sectors. MBPP mayor Datuk Yew Tung Seang said the initiative was to stimulate the local economy which has been affected due to the Covid-19 pandemic. “The residential projects consist of ... Read More
Long-awaited Residential Tenancy Act to be tabled next year
The government is expected to table the much-anticipated Residential Tenancy Act next year to monitor the rental market and protect tenants and house owners. Deputy Housing and Local Government Minister Ismail Muttalib said currently, the rental market is not monitored by any particular agency. Instead, it is determined according to ... Read More
UPDATE: Bayan Lepas / Paramount Solaris Sdn. Bhd.
A proposed mixed development by Paramount Solaris Sdn. Bhd. at Bayan Lepas. It is strategically located on the Bukit Ayun land next to Jalan Tun Dr. Awang, about 3km away from Penang International Airport. Surrounding communities include The Clovers by Asia Green, Tree Sparina and The Amarene by Ideal Property Group, South Homes and a few others. The ... Read More
Penang ferry services suspended until Aug 26
The iconic Penang ferry services have been suspended until Aug 26, for emergency repair works. A notice was put up near the entrance to the ferry terminal in Weld Quay which stated that the service was interrupted for the time being due to malfunction ferries. Auxiliary policemen were also stationed ... Read More
Penang authorities demand owners take care of abandoned pre-war properties
Penang Island City Council (MBPP) has demanded that owners of abandoned “heritage buildings” or pre-war houses “upkeep their premises” or action will be taken against them, The Star reported. MBPP said it has “identified” 73 abandoned properties (commercial and residential) worth about RM300 million. The report stated that such structures have ... Read More
Penang South Islands – The Winning Design by BIG
BIG, Hijjas and Ramboll are selected as winners of Penang State Government’s international competition to design a masterplan for Penang South Islands. The proposal entitled BiodiverCity, fits into the island's 2030 vision, providing Penangites with approximately 4.6km of public beaches, 600 acres of parks and a 25km waterfront. An Urban ... Read More
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TODAY'S MOST READ
RECENT COMMENTS
- sun : why the thread here talking more about others project rather the Q3?...Minion on Queens Residences Q3
- can affordable houses be sold within 5 years? if yes, need state government consent? ...superzen on Affordable Housing @ The Zen
- millionaire : @Mr Tai If what you said is right, such as 20 years...Mr Tai on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- bought 300k, want to sell 700k what a whooping extortion gain in 3 years, where...Mr Tai on Affordable Housing @ The Zen
- @Sam The sole reason it is not selling off is because developer don't use agency...Ken on The Cube
- why the thread here talking more about others project rather the Q3? ...sun on Queens Residences Q3
- bought at 300K ...Minion on Affordable Housing @ The Zen
- @Ryu agree! ...LL on The Cube
- @Sam Off course people got doubt. First is developer. 2ndly is location define as in...Ryu on The Cube
- @Ryu Many are not aware about this project and as far as I know it...Sam on The Cube
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Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams