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No much improvement in housing affordability despite soft property market
There has not been much improvement in Malaysia’s housing affordability despite a slow and challenging property market with little growth in transactional activity from the downtrend that was seen since 2013, according to real estate consultancy firm Rahim & Co International Sdn Bhd. Executive chairman Tan Sri Abdul Rahim Abdul ... Read More
Penang International Airport to be upgraded
Construction of a seven-storey car park for the Penang International Airport is scheduled to start next month. Penang Federal Action Council chairman Datuk Seri Zainal Abidin Osman said the RM90mil project is expected to complete next year. “The airport will undergo a RM700mil upgrading works, which will be carried out ... Read More
Signature Two
Signature Two, a 31-storey residential development by Excel Focus Sdn. Bhd. in Perai, Penang. This development is strategically located along Jalan Baru, next to The Signature condominium by the same company. It is only within mere minutes drive from Penang bridge. This project comprises 121 condominium units with an indicative price ... Read More
Exclusive CNY Invitation to Runnymede Group Gallery (18 Feb)
Celebrate this prosperous Chinese New Year with Runnymede Group at Batu Uban, Penang and enjoy Ang Pow up to RM38,888, Special Rebate Package and stand a chance to win Lucky Draw Prizes worth RM19,888 when you purchase a Vilaris Courtyard Homes or Triuni Residences resort condo! Partake in the Photo ... Read More
Possible delay in Penang three paired roads project
The construction of one of the roads in the Penang government’s three paired roads project, which is part of the controversial RM6.3 billion undersea tunnel project, is expected to be delayed. State Public Works, Utilities and Public Transportation Committee chairman Lim Hock Seng blamed the possible delay due to an ... Read More
HH Park
HH Park, commercial component of the mixed development by Aspen Group in Tanjung Bungah, Penang. It is located on a 4.5-acre land between Jalan Chan Siew Teong and Jalan Chee Seng 13, previously occupied by Hong Hong Sdn Bhd. This deveopment was known as HH Galleria. The development comprises 4 levels of ... Read More
Sunsuri Residences
Sunsuri Residences, a serviced residence development by Ideal Property Group at Bayan Lepas. Strategically located along Jalan Tun Dr Awang, less than 2km away from Penang International Airport. It is just a stone's throw away from Tree Sparina and Mpire Residences development. This development comprises a 47-storey building with two ... Read More
UPCOMING: Bukit Mertajam / Blitz Tower Development
A newly proposed commercial development by Blitz Tower Development Sdn. Bhd. at Bukit Tengah. It is a small development strategically located along the busy road of Jalan Kebun Nenas, next to Juru Sentral development. Just a stone's throw away from Juru Auto-City. This development will see the construction of 13 ... Read More
OPR on the rise. What happen next?
by Miichael Yeoh The recent announcement by Bank Negara Malaysia (BNM) sees the increase of Overnight Policy Rate (OPR) by 25 basis points from 3.00% to 3.25%. “With the economy firmly on a steady growth path, BNM said the Monetary Policy Committee (MPC) decided to normalise the degree of monetary ... Read More
World’s tallest rope course opening in Komtar this month
Thrills await visitors to Gravityz, the world’s highest rope course, which will open this month at Level 65 in Komtar, Penang. There will be six obstacles along the 90m walk which is 239m above ground on the outside of Penang’s landmark monolith. Get set for adrenaline-filled moments as you go ... Read More
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- May I know which Company took the Construction Building tender from Mapel We are Sub...bukhari syed mansoor on Taman Bistari Jaya
- @Minion well said ...LL on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- Is everything delayed the way of life in Penang ? ...chita on Penang undersea tunnel feasibility study delayed due to port expansion plans
- @millionaire Wrong mindset. Don't try to twist the issue around like roti canai. Very straight...Hee Chan on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- this project already cancelled. no longer valid. developer tried to sell this project 2 years...WC Ong on UPCOMING: Jelutong / Kay Pride Sdn. Bhd.
- @Hemsley People see things at different angles. A lot of subsale transaction for you is...millionaire on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- Anyone buy? any comment? ...Sunny on Residensi Rambai Indah
- Marriot should JV with The Zen ...Minion on Marriott International and Ideal Property to launch ‘Marriott’-branded development at Queens Waterfront
- @chita Good point. House is for own stay. Too expensive & investment will lead to...Howly on Penang among top spenders in Malaysia for decent living
- @celia Yes. 500k is not expensive. Future price will increase further especially prime location like...Hee Chan on Clear definition of affordable housing urged to align supply with demand
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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