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George Town

Penang property sector in losses if movement control order extends

Contractors and developers in Penang will suffer losses amounting to hundreds of millions of ringgit if the Movement Control Order (MCO) period is extended. Penang Master Builders & Building Materials Dealers Association adviser Datuk Lim Kai Seng said there was at least RM5bil worth of construction jobs being carried out ... Read More
STP2

Virus scare makes things gloomier for property sector

There is a fear among people in the real estate business that the Covid-19 scourge will make bad times worse for the sector, which has in recent years already been grappling with problems associated with a soft market. Nearly a dozen real estate agents told FMT that inquiry calls have ... Read More
upcoming-by-zenith

UPCOMING: Tanjung Pinang / Zenith Urban Development

A newly proposed serviced residence development by Zenith Urban Development Sdn. Bhd. within the established township of Tanjung Pinang. Located adjacent to Marinox Sky Villas and The Tamarind Executive Apartments, overlooking the STP2 man-made island. Is only a mere minutes drive from Gurney Drive, less than 10km to the tourist ... Read More
the-amarene-mac2020-3

SITE PROGRESS: The Amarene (March 2020)

About The Amarene Part of Ideal Vision Park development by Ideal Homes in Bayan Lepas, Penang. This development is strategically located along Jalan Tun Dr. Awang, adjacent to Tree Sparina condominium. It is just a mere minutes drive to Straits International School and Penang International Airport. Featuring a 35-storey condominium that ... Read More
proposed-by-zubicon-seberang-jaya

UPCOMING: Seberang Jaya / Zubicon Development Sdn. Bhd.

A newly proposed mixed development by Zubicon Development Sdn. Bhd. in the heart of Seberang Jaya. Strategically located along Jalan Todah, diagonally opposite Penang Bird Park. It is about 10 minutes drive to Penang Bridge, surrounding amenities include Safira Country Club, Sunway Hotel, The Light Hotel, health clinics and banks ... Read More
deloft

OCR Group terminates joint venture with D’nonce on affordable housing project

OCR Group Bhd has terminated its joint venture (JV) agreement with D’nonce Technology Bhd to develop affordable apartments in Seberang Perai Tengah, Penang. OCR did not mention the reason for the cancellation of the agreement in its filing with Bursa Malaysia yesterday. The JV between OCR’s wholly-owned subsidiary Fajar Simfoni ... Read More
residency-permai-guardhouse

Residency Permai

Residency Permai, yet another gated & guarded residential development by Tambun Indah Group at Bukit Merajam. Strategically located within the established township of Kota Permai, just a stone's throw away from the ever bustling Jalan Song Ban Kheng. Beng Teik primary school is only a mere minutes drive away. This ... Read More
imperial-grande-5

SITE PROGRESS: Imperial Grande (Mar 2020)

About Imperial Grande A mixed development by Modular Platinum Sdn. Bhd. (Ideal Property Group) in Sungai Ara, Penang. It is located along Jalan Fettes, surrounded by Iconic Skies, Gardens Ville and Imperial Residence. This development will offer a mix of landed and high-rise properties, with 2 level of shop offices ... Read More
eco bloom

Eco Bloom – A Lifestyle Condominium

As parcels of land in the once sleepy-hollow of Simpang Ampat on mainland Penang got sold, new housing estates have been developing and the town is now bustling with activity. The Northern Light Private School is located in Simpang Ampat, while GEMS International School at Pearl City is also within ... Read More
ideal-residency

Ideal Residency

Ideal Residency, formerly known as PR1MA @ Bukit Gelugor, is an affordable housing development by Ideal Capital Venture Sdn. Bhd. (a subsidiary of Ideal Property Group) in Penang Island. This development is strategically located on Kampung Kastam land near the intersection of Jalan Bukit Gambier and Jalan Lembah. It's only less ... Read More