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E&O lines up projects worth up to RM20bil

Eastern & Oriental Bhd (E&O) plans to launch developments with a combined gross development value (GDV) of between RM17bil and RM20bil within its township project in Andaman Island, Penang over the next 15 years. E&O managing director Kok Tuck Cheong said the Andaman Island would be the primary focal point ... Read More

proposed-development-mastiara-construction

UPCOMING: Sungai Jawi / Mastiara Construction Sdn. Bhd.

A proposed development by Mastiara Construction Sdn. Bhd. in Sungai Jawi. Situated adjacent to Taman Sungai Nuri Indah and within close proximity to the Penang-Kedah border. Merely a brief 10-minute drive from the heart of Sungai Bakap town center and about 5km from North-South Expressway Jawi Toll plaza. This development comprises ... Read More

terraces-condominium-site-progress-aug-2023-2

SITE PROGRESS: Terraces Condominium (Aug 2023)

About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. (Photo taken in July 2023) Find out more ... Read More

Types of properties to buy or invest in Penang

by Anders Ong We always think about shops and condominiums whenever we are buying or investing property in Penang. But what are all the types of property which are not always mentioned or not so popular? What is the best type of property for you to buy in the Pearl ... Read More

penang-lrt-line-stretch-to-tanjung-bungah

Penang LRT to go underground and undersea

Penang has agreed to have some of its LRT stations underground instead of elevated, says chief minister Chow Kon Yeow. Chow said following the latest presentation by the transport ministry and MRT Corp yesterday, the underground sections proposed would be in the city centre in George Town. One of the ... Read More

SITE PROGRESS: The Meg @ Andaman (Aug 2023)

About The Meg @ Andaman The first project in Andaman Island, the highly-anticipated prime reclaimed island of Seri Tanjung Pinang Phase 2A by E&O. Features two blocks of 27 and 34-storey serviced apartments with an estimated GDV of RM690 million. It comprises 1,020 residential units with innovative layouts designed to suit ... Read More

REHDA: Neutral outlook for the economy and real estate market in the coming year

Property developers are mainly neutral about the real estate market outlook for the next 12 months, particularly for the second half of 2023 (2H 2023), according to Datuk NK Tong, president of REHDA Malaysia. According to him, poll respondents have a moderate opinion of the business, economic, and property industry ... Read More

Jayamas broke ground for their new affordable housing project in Bukit Mertajam

Jayamas Property Group marked a significant milestone with the groundbreaking ceremony for their second affordable housing project, Aston Minka, nestled in the heart of Bukit Mertajam. The event, held on the Aston Minka site, was attended by the Management Team and Directors of Jayamas Property Group yesterday. Aston Minka is ... Read More

New Penang housing exco says will focus on mainland affordable housing

The newly sworn in housing and environment state exco Datuk Seri S. Sundarajoo will focus on providing more affordable housing to the B40 group in Seberang Perai. The first-term Perai assemblyman said the previous housing exco has introduced a lot of affordable housing projects but most of it were focused ... Read More

UPCOMING: Bukit Mertajam / Chia Ui Chong Holdings SB.

A newly proposed mixed development by Chia Ui Chong Holdings Sdn. Bhd. near Kota Permai in Bukit Mertajam. Positioned at the crossroads of Jalan Bukit Minyak and Jalan Permai Jaya 1, the site is conveniently situated in proximity to Econsave Alma. Its strategic location provides seamless connectivity to neighboring townships, ... Read More