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EcoWorld FY2021 sales achieved RM3.5bil, 53% above FY2020

Amidst the pandemic, EcoWorld has sold 4,984 properties with a total sales value of RM3.5 billion, surpassing our FY2021 sales target of RM2.875 billion! EcoWorld Malaysia announced a second interim dividend of 2sen per share. This, together with July’s 2sen dividend, brings total dividends for FY2021 to 4sen, double the amount ... Read More
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SITE PROGRESS: Queens Residences (Dec 2021)

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 to keep yourself updated with ... Read More
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Penang to resubmit South Reclamation EIA report before March 2022

The Penang government will resubmit the environmental impact assessment (EIA) report for the development of three artificial islands under the Penang South Reclamation (PSR) project before March next year, said Chief Minister Chow Kon Yeow. He said the state government and its project implementation partner SRS Consortium are updating the ... Read More
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Intel to invest RM30b in new facility in Penang

Penang received an early reason for Christmas cheer following reports that pioneer investor Intel Corporation Limited is set to invest up to RM30 billion to upgrade its chip manufacturing facility at the Bayan Lepas Free Industrial Zone here. Intel had set up its first production facility outside the United States ... Read More
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SITE PROGRESS: The Zen (Dec 2021)

About The Zen A mixed development by Asia Green at Bayan Mutiara. It is located next to Tun Dr. Lim Chong Eu Expressway, just a short drive away from the ongoing Penang World City township development by Tropicana Ivory. This development comprises a 46-storey skyscraper with two residential towers, and shop ... Read More
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12.12 SALE: Partially furnished 2,259 sqft condo in Bayan Lepas at only RM895k

Valencia Residence is a 64-unit low-density private residence with a spacious built-up of 2,259 sq.ft. It is conveniently located within close proximity to Penang International Airpot and the proposed Penang South Island development. Call 012-704 8060 or WhatsApp to grab this 2,259sqft. luxury condominium at only RM895k during the 12.12 Sales now! SHOW GALLERY ... Read More
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UPCOMING: Simpang Ampat / Great Marvel Sdn. Bhd.

Yet another new phase of landed residential development proposed by Great Marvel Sdn. Bhd. at Simpang Ampat. Located along Jalan Perdana, next to Casa Perdana (Phase 2B of Taman Perdana). It is just a stone's throw away from Simpang Ampat Small Medium Industrial Park, about 10 minutes drive from Bukit Tambun ... Read More
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Gurney Wharf scheduled to open in stages by end of next year

Construction works of several components are scheduled to begin in Gurney Wharf by middle of next month. Penang Local Government, Housing, Town and Country Planning Committee chairman Jagdeep Singh Deo said the state government looked forward to the groundbreaking ceremony. “There are several components that need to be worked on, ... Read More
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Property prices will rise next year as construction materials become more expensive

Homebuyers and investors should buy now because property prices are expected to rise next year due to higher building material costs in most building categories, according to Knight Frank Malaysia deputy managing director Keith Ooi. Ooi said, rising material costs will eventually have a trickle-down effect on selling prices. "Any ... Read More
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PDC is planning for two more GBS buildings in the state

The Penang Development Corporation (PDC) is planning to set up two more Global Business Services (GBS) buildings in the state to meet the growing needs of the GBS market. One of them will be located near the existing GBS@Mayang, while the other will be situated in the Bayan Lepas industrial area ... Read More