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UBB, Ideal Property plan RM1.5bil projects in Penang

United Bintang Bhd (UBB), an importer and exporter of used and reconditioned heavy machinery, will pursue property development plans in Penang under the direction of its new majority shareholder, Datuk Alex Ooi. Ooi, who now owns 32% of UBB, is the executive chairman of UBB and chief executive officer of ... Read More

Penang undersea tunnel feasibility study ready in April

Consortium Zenith BUCG Sdn Bhd expects to complete feasibility studies for the controversial RM6.3 billion Penang undersea tunnel infrastructure project and major roads in April this year, said its chairman Datuk Zarul Ahmad Zulkifli. Consortium Zenith is a joint-venture between Zenith Construction Sdn Bhd and China Railway Construction Co Ltd, ... Read More

The Glades

The Glades, a gated and guarded development by Metrio Development Sdn. Bhd. in Alma, Bukit Mertajam. This development is located next to Jesselton Hills housing scheme by DNP Land, easily accessible via Jalan Rozhan. Comprises 77 units of 2 & 3-storey semi-detached, bungalow and zero-lot bungalow houses. Property Project: The ... Read More

Vortex Business Park

Vortex Business Park, strategically located off Jalan Batu Kawan at Bukit Tambun, Penang. This commercial development comprises 112 units of semi-detached shop office and light industry. Property Project: Vortex Business Park Location : Bukit Tambun, Penang Property Type : Semi-detached shop office & light industry Total Units: 112 Developer : Metrio Development Sdn. Bhd. Location Map ... Read More

Taman Kota Kenari – Shop Lot

Taman Kota Kenari is a comprehensive development adjacent to the fast expanding Kulim Township and create tremendous commercial potential for the region. Complementary light/service industry and housing development makes Kota Kenari Kulim and ideal investment options. Highlights: Surrounded by MNCs with more than 60,000 employees - Intel, First Solar, Panasonic, ... Read More

Penang’s second bridge boosts land prices

Penang’s property prices have risen by quite a bit since the mid-2000s although the appreciation in prices has been limited to several popular locations on Penang island, particularly George Town. However, since the second bridge project was announced in 2007, vacant land prices on both ends of the bridge, which ... Read More

Car cap for low-cost housing applicants

Those owning many cars may not be eligible to apply for low-cost and low medium-cost housing if Penang enforces such a ruling. The state is mulling the idea of placing this restriction on those applying for such dwellings as those who can afford to own many vehicles should not be ... Read More

Scarlet Villa

Scarlet Villa, strategically located along Jalan Baru in Pari and is within close proximity to major amenities such as Polytechnic, eateries and hypermarkets. Another development by UDA Land that set a new benchmark in mainland with an indicative price of more than RM850,000 for a 3-storey terrace house. 3-storey bungalow ... Read More

Arcaria @ Taman Pauh Jaya

Arcaria, located in the vicinity of Taman Pauh Jaya in Prai, Penang. This is a development by UDA Land, comprises 3-storey bungalow, semi-detached and terrace houses. It is close to Jalan Baru, with easy access to eateries, hypermarket, schools and major expressways. 3-storey bungalow Total Units: 1 Indicative Price: RM 2,500,000 ... Read More

Real estate seen booming in Batu Kawan

Batu Kawan, which was once a quiet backwater in Penang, will see its real estate booming because of new developments and the opening of Second Penang bridge, says property analysts. They expect more medium to high-end residential and commercial projects from developers, and prices to move up gradually. Currently, besides ... Read More