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UPDATE: Bayan Lepas / Paramount Solaris Sdn. Bhd.
A proposed mixed development by Paramount Solaris Sdn. Bhd. at Bayan Lepas. It is strategically located on the Bukit Ayun land next to Jalan Tun Dr. Awang, about 3km away from Penang International Airport. Surrounding communities include The Clovers by Asia Green, Tree Sparina and The Amarene by Ideal Property Group, South Homes and a few others. The ... Read More
Penang ferry services suspended until Aug 26
The iconic Penang ferry services have been suspended until Aug 26, for emergency repair works. A notice was put up near the entrance to the ferry terminal in Weld Quay which stated that the service was interrupted for the time being due to malfunction ferries. Auxiliary policemen were also stationed ... Read More
Penang authorities demand owners take care of abandoned pre-war properties
Penang Island City Council (MBPP) has demanded that owners of abandoned “heritage buildings” or pre-war houses “upkeep their premises” or action will be taken against them, The Star reported. MBPP said it has “identified” 73 abandoned properties (commercial and residential) worth about RM300 million. The report stated that such structures have ... Read More
Penang South Islands – The Winning Design by BIG
BIG, Hijjas and Ramboll are selected as winners of Penang State Government’s international competition to design a masterplan for Penang South Islands. The proposal entitled BiodiverCity, fits into the island's 2030 vision, providing Penangites with approximately 4.6km of public beaches, 600 acres of parks and a 25km waterfront. An Urban ... Read More
SITE PROGRESS: Golden Gateway (Aug 2020)
About Golden Gateway An SME Industrial Park located on a 20.5 acre land at the southeast part of Batu Kawan. Strategically located off Jalan Perusahaan Valdor, just a mere minutes drive to Batu Kawan Industrial Park. It is only 5 minutes away from Penang Second Bridge. Comprises 54 units of semi-detached and ... Read More
Danish architecture firm chosen as lead master plan designer for PSI
Danish architecture firm Bjarke Ingels Group (BIG) has been chosen as the lead master plan designer for the Penang South Island (PSI), which is also known as the Penang South Reclamation (PSR). BIG and their Malaysian associate Hijjas Architect & Planner were selected, out of five world-renowned teams, together with their ... Read More
Vacancy tax to imposed on developers as early as 2021
The Housing and Local Government Ministry (KPKT) is formulating a tax that could be imposed on developers who fail to sell their properties as early as early next year, in an effort to reduce overhang of residential units in the country. Minister Zuraida Kamaruddin said the introduction of the tax ... Read More
SITE PROGRESS: Valencia Residence (Aug 2020)
SHOW GALLERY 360 VIRTUAL TOUR [View in FULL SCREEN] About Valencia Residence Affordable yet luxuriously comfortable, Valencia Residence nestled within a friendly neighborhood with a myriad of cultures and ethnicities. It is conveniently located with an abundance of nearby amenities which include international schools, hospital, golf course, and malls. With ... Read More
Ministry to pay compensation for 24 PR1MA projects cancelled
The Housing and Local Government Ministry will pay compensation for the 24 development projects under PR1MA Corporation Malaysia (PR1MA) that have been cancelled, said Minister Zuraida Kamaruddin. She said the compensation payment depends on the value of the land for the area involved. “Most of the land was purchased by the ministry ... Read More
Mutiara Rini affordable housing is being demolished due to safety reason
The Penang government will ensure that only affordable housing units are built on the grounds of a demolished flats in Bandar Jelutong, George Town. State housing, town, country and local government committee chairman Jagdeep Singh Deo said the Mutiara Ria low-cost flats, on which work had only reached two storeys, ... Read More
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Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- 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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Latest Property News
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