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m-parc

M Parc @ Permatang Tinggi

*This project has already been cancelled* M Parc, a proposed 17-acres freehold industrial development by Mah Sing Group at Permatang Tinggi. Strategically located along Jalan Permatang Tinggi, about 3km to the north-west of Simpang Ampat town. It is close to established industrial parks such as Bukit Minyak Industrial Park and ... Read More
queens-residences-update

Queens Residences – Progress Update (April 2018)

Queens Residences is an on-going waterfront development by Ideal Property Group at Bayan Bay. It is strategically located next to Queensbay Mall, facing Jerejak Island. The project will be developed on the reclaimed land in four phases, comprising more than 2,100 residential units. If you are one of the proud owners ... Read More
courtpg

Home buyers must be heard before extension of time is applied

The Ministry of Urban Wellbeing, Housing and Local Government must give home buyers the right to be heard before developers are given an extension of time (EOT) to complete a project, the Court of Appeal ruled today. The landmark decision will have far-reaching consequences for homebuyers whose properties are delivered ... Read More
property-salary

Houses become unaffordable as salary remains flat, says Rehda

The almost unchanged salary over the years is the reason why many are deprived of the luxury to own a house, said a national association for developers. The Real Estate and Housing Developers’ Association Malaysia (Rehda), which represents the interests of about 1,400 property developers, said there is a need ... Read More
sia-boey-renewed

Prangin canal to be rehabilitated, Sia Boey renewed

The RM6mil phase 1 of the Sia Boey Rejuvenation Project is expected to be completed in August. During the unveiling of the artist’s impressions of the project, Chief Minister Lim Guan Eng said phase 1 would see the rehabilitation of the Prangin canal, conservation of the old Prangin market and upgrading ... Read More
ikea-032018-4

IKEA Batu Kawan – Progress Update (March 2018)

Opening in 2019, IKEA Batu Kawan will become the fourth IKEA store in Malaysia, with two in Klang Valley and another in Johor Bahru, Tebrau. This new store promises to satisfy Penangites’ hunger for affordable home furnishings – and those famous Swedish meatballs! Here is a quick update on IKEA ... Read More
proposed-by-green-city-garden-develpoment

UPCOMING: George Town / Green City Garden Development

A proposed luxury development in the centre of George Town by Green City Garden Development Sdn. Bhd. Strategically located on a half acre land along Macalister Road, adjacent to the People's Movement Party headquarter building in Penang. It is only 2km away from KOMTAR, under 15 minutes drive to Penang Bridge. This luxury ... Read More
the-dew-main

The Dew

The Dew, yet another affordable housing development by PLB Land at Paya Terubong. Located along Tingkat Paya Terubong 4, between Taman Suria Vista and Majestic Heights. This is just a stone's throw away from The Stone affordable housing by the same company, about 3km away from Bandar Baru Air Itam ... Read More
upcoming-Frasers-Sunrise-Sdn-Bhd

UPCOMING: Bukit Mertajam / Frasers Sunrise Sdn. Bhd.

A proposed commercial development by Frasers Sunrise Sdn. Bhd. at Alma, Bukit Mertajam. Located off Jalan Rozhan, next to Santuari Commercial Centre by Airmas Group. AEON Mall and Tesco hypermarket is only 5 minutes drive away. This development comprises a 4-storey commercial building and 38 units of 3-storey semi-detached shop ... Read More
penang-market

Interest rate hike likely to affect demand in Penang

The property market in Penang is expected to contract by at least 10% this year compared with 5% in 2017 as a result of the overnight policy rate (OPR) been raised by 25 basis points to 3.25%. “You can argue that it is not a lot. If wages increase correspondingly ... Read More