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2023-property-market

Penang REHDA expects property market performance to improve in 2023

The Penang Real Estate and Housing Developers Association (REHDA) hopes that the performance of the country's real estate market for 2023 will improve compared to previous years. Penang REHDA chairman Khoo Teck Chong said he expects the real estate market, especially the residential property subsector in Penang, to show positive ... Read More
amaanee-residences

Amaanee Residences

Amaanee Residences, an upcoming Wakaf development by Uda Land within Taman Wakaf Seetee Aisah 1 in Seberang Jaya. It is strategically located next to North-South Expressway, just a few minutes' drive from Penang Bridge and Butterworth Outer Ring Road. Amenities nearby include the KPJ Hospital, Seberang Jaya General Hospital and various ... Read More
proposed-development-by-ptl-residence-sb

AFFORDABLE: Sungai Dua / PTL Residence Sdn. Bhd.

A newly proposed affordable housing development by PTL Residence Sdn. Bhd. at Sungai Dua in Butterworth. Located near Jalan Sungai Dua Utama 3, just stone's throw away from SK Desa Murni. It is less than 2km from Butterworth Outer Ring Road (BORR) / North South Expressway (NSE) interchange, about 15 minutes drive to Penang ... Read More
High-rise owners urge Penang govt to review homestay restrictions

High-rise owners urge Penang govt to review homestay restrictions

A homestay owners’ group has joined calls for the Penang government to reconsider the proposed restrictions on short-term rental accommodation in high-rise buildings. The Malaysian Association of Homestay (Short-Term Rental) Practitioners said the restrictions, including a cap of 180 rental days a year, limited options for travellers looking for affordable ... Read More
celesta-residency-site-progress-sep2022-3

SITE PROGRESS: Celesta Residency (Sep 2022)

About Celesta Residency Mixed development by Red Blue Development Sdn. Bhd. (TGB Group) in the established township of Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, diagonally opposite three public schools, namely SRJK(C) Kwang Hwa, SRJK(C) Shih Chung and SMK Sungai Nibong. It features a mix of residential and ... Read More
kpkt-hopes

Homebuyers in the Penang to benefit from KPKT’s Home Ownership Programme (HOPE)

Property buyers in the northern states of Malaysia are in for a treat, as the housing and local government ministry recently launched Karnival Jom Beli Rumah Wilayah Utara, in conjunction with the Home Ownership Programme (HOPE). The carnival is taking place from Sept 23-25 at Millenium Dewan Square, Kepala Batas, ... Read More
thriven-acquire-land-in-butterworth

Thriven buys apartment land in Penang for RM21mil

Thriven Global Bhd is acquiring 4,700 sq metres of freehold land in Butterworth that has been approved for the development of serviced apartments. The group's subsidiary, Bukit Punchor Development Sdn Bhd, is buying the land from Star Sanctuary Land Sdn Bhd for RM21 million, the property developer said in a ... Read More
stonyhurst-international-school-opening

Stonyhurst International School set to welcome first batch of students on Sept 26

Stonyhurst International School in Straits Quay will be welcoming some 300 students in its first year, with the first term starting on Sept 26. Chief Minister Chow Kon Yeow, after inspecting the school yesterday, said the opening of the international school in Penang would mark one of the most significant ... Read More
jit-sin-union-digital-library

First digital library in Bukit Mertajam to be ready in 2024

The Penang government, through the Chief Minister Incorporated (CMI), and Jit Sin School Union Bukit Mertajam have inked a partnership to establish the very first Penang Digital Library (PDL) in Bukit Mertajam and the central Seberang Perai district. The upcoming digital library or better known as the Bukit Mertajam Digital Library ... Read More
affordable-home-expo

Penang Affordable Housing Expo 2022 @ Prangin Mall (October 7-9)

Penang State Housing Board (LPNPP) will be organizing Penang Affordable Housing Expo (Home Ownership Campaign) from October 7 to 9 at Prangin Mall in George Town. The expo will feature various affordable housing projects located in Penang Island and Mainland, including completed units under construction by PDC, SP Setia, Scientex, PLB ... Read More