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gurney-wharf-update-jan-2018

Land reclamation will increase the size of Penang Island by 10%

Land reclamation is big business in Malaysia. Money is made from selling plots of newly created land from the sea to developers. Several states in the peninsula have introduced large-scale reclamation initiatives, many strategically placed in prime locations. The latest large-scale project is in Penang that will see the reclamation ... Read More
Created with GIMP

Penang Property Convention – 29 Sept 2018

In collaboration with GM Training Academy, our annual Penang Property Convention is coming back this year on 29 September 2018. Come and join us for this informative property investment event. Whether you are seasoned property investor or first time home buyer, this event will give you a real insight into Penang property market and learn about ... Read More
penang-2030

Penang Vision 2030

Penang today laid out its plan to become a family-focused, “green and smart” state in the next 12 years as part of efforts to improve living standards and general levels of happiness for its two million-odd people by 2030. Chief Minister Chow Kon Yeow said the “Penang 2030” plan would ... Read More
proposed-development-sls-land-development

UPCOMING: Bayan Lepas / SLS Land Development

A newly proposed residential development by SLS Land Development Sdn. Bhd. at Bayan Lepas. Located along Jalan Mahkamah, just a stone's throw away from Fiera Vista condominium. It is only 5 minutes drive away from Penang International Airport, about 1km to the new SRJK(C) Shih Chung Chinese school under construction. This ... Read More
pil1-poll

85% Say ‘YES’ to Pan Island Link 1

Pan Island Link 1 (also known as PIL1) is currently one of the most debated infrastructure projects in Penang. The proposed dual three–lane highway will be connecting Second Bridge and the Penang International Airport all the way towards George Town, Paya Terubong, Bayan Baru, and Relau. It is expected to reduce travelling time from ... Read More
straits-city

Straits City

Straits City, a 40-acre prime seafront integrated development by the Singapore Exchange-listed Straits Trading Co Ltd and its dual-listed subsidiary, Malaysia Smelting Corp (MSC). Strategically located in the Central Business District of Butterworth, a mere 2km from Penang Sentral, Straits City enjoys unparalleled connectivity with well-established transportation options such as trains, and ferries, ... Read More
penang-development-no-sst

SST exemptions unlikely to lower house prices

The reintroduction of the Sales and Services Tax (SST), slated in September, is unlikely to reduce house prices despite cost savings of at least 1% to 2% for property developers, said Paramount Corp Bhd group CEO and director Jeffrey Chew. He explained that this was because construction costs account for ... Read More
pil-f

Cancellation of PIL 1 highway project not an option

The cancellation of the controversial Pan Island Link 1 (PIL 1) highway project is not an option. Chief Minister Chow Kon Yeow said today the project would begin as soon as the Federal Government gave its approval. “If it is not rejected (by the Federal Government), then we will make ... Read More
Setia-Sky-Vista-Seminar-f

EVENT: Should You Invest in Properties Now? (25 & 26 Aug)

Want to learn more about investing in property and what SST & GST means to property market? Hear what the experts say at Setia Sky Vista Sales Suites @ Lebuh Relau, Penang. 25/08/18 2:30 pm “Is this the time to invest in properties” by Miichael Yeoh. 26/08/18 2:30pm “GST vs ... Read More
proposed-development-multi-majestic

UPCOMING: Sungai Bakap / Multi Majestic Sdn. Bhd.

A proposed 10-storey serviced apartment development by Multi Majestic Sdn. Bhd. at Sungai Bakap. Located along Jalan Sentosa, just a stone's throw away from Sungai Bakai Hospital. It is only 20 minutes drive away from Penang Second Bridge via North-South Expressway through Jawi interchange. This is probably going to be ... Read More