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Penang water tariffs to double from Feb 1
Water tariff rates for domestic users in Penang will double from Feb 1, chief minister Chow Kon Yeow announced on Wednesday. Accounts that use zero to 20 cubic metres a month will be charged 50 sen per cubic metre, compared with 22 sen now. Meanwhile, those who use 20 to ... Read More
Gurney Vertex
Gurney Vertex, a commercial property development project by TT Gratia Land Development Sdn. Bhd. located near Gurney Drive. Situated strategically along the bustling Kelawai Road, it is directly across from Gurney Plaza. This development is in close proximity to Gurney Bay and within a short walking distance to Gurney Plaza ... Read More
Bayan Lepas LRT Project is set to be finalized soon
Bayan Lepas LRT Project is set to commence later this year, according to Transport Minister Anthony Loke Siew Fook. The announcement was made yesterday during a press conference following the signing of a Memorandum of Understanding (MoU) between the Railway Assets Corporation (RAC) and the Penang State Housing Board (LPNPP) ... Read More
Redevelopment of Kampung Manis: RAC and LPNPP sign MoU for collaborative development
In a significant move toward urban redevelopment, the Railway Assets Corporation (RAC) has officially signed a Memorandum of Understanding (MoU) with the Penang State Housing Board (LPNPP) for the redevelopment of Kampung Manis in Perai through a collaborative effort. The MoU was signed between RAC's Chief Executive Officer, Dato’ Azhar Ahmad, ... Read More
Cassia Cempaka – Serenity Within Reach
Nestled in the vibrant township Bandar Cassia, Batu Kawan, Cassia Cempaka by PDC Properties Sdn. Bhd. epitomizes a harmonious blend of modern living and serene surroundings. This freehold residential development spans 28.47 acres, drawing inspiration from the Cempaka flower's exquisite essence. Comprising two distinct residential options – Dahlia (Double Storey Terrace) ... Read More
Not so rosy for office and serviced apartment property in 2024
Selected areas and segments of the property market in Malaysia are expected to perform well in 2024, but elsewhere there are areas of concern. Industry experts expect to see sales improve as the people’s spending power recovers and the government’s efforts to attract foreign direct investment (FDIs) bears fruit. However, ... Read More
SITE PROGRESS: Savana @ Utropolis (Jan 2024)
About Savana @ Utropolis This is the fourth phase of Paramount Property’s Utropolis development at Batu Kawan. Located along Jalan Cassia Barat 2, adjacent to Sensasi and Sinaran Residences. It is less than 5 minutes’ walking distance to Design Village outlet mall and UOW MALAYSIA KDU Penang University College, with easy ... Read More
Malaysia’s home rental up 5.5% in 2023
Rents across Malaysia increased by 5.5% in 2023, according to data from a newly released index. Rents were now 7.4% higher than during the pandemic’s worst phase, suggests the Malaysia Home Rental Index by real estate agent network IQI, a member of Juwai IQI. In the fourth quarter, it said ... Read More
G’Vinton
G'Vinton, a serviced residence development by Sunrich Capital Sdn. Bhd. (Subsidiary of GSD Land) in George Town. Strategically located on approximately 1 acre of land along Jalan Sultan Ahmad Shah, in between Ambank and NSTP building. It is only a mere minute's drive to KOMTAR and Penang's most popular tourist destination - Gurney ... Read More
Penang’s housing launches expected to gain momentum in 2024
Penang’s residential launches which resumed in 2023 are expected to gain momentum in 2024, CBRE|WTW said. In its Real Estate Market Outlook 2024 report launched yesterday, the property consultancy said new launches of high-rise residentials will comprise mainly those located on the island, while landed residentials will be in Seberang ... Read More
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- @Puzzled I believe 80% of that 30% are units reserved for BoonSiew. They have this...walter on Lumina Residence
- @Puzzled I'm dilemma of Lumina or Queens residence Q3. I have 1M budget here but...JC on Lumina Residence
- Correct. Ang Mos/expats holding senior position prefer locations that offer a well blend of greenery,...Puzzled on Lumina Residence
- @Ora small issue. the condo market value is approaching 900k now ...chookimhock on The Cube
- @Ora 500k? Daily rob!! Seaview condo!! ...Ryu on The Cube
- @damien I would be more worry if my apartment/house is on or next to hill...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Ryu Ya, agree with you that normally seafront coastline properties will get hit in a...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @KC I heard my friends said he bought the zen paying 500+k and the unit...Ora on The Cube
- @damien Why worry? I have many house. Later repair. No problem. Seafront coastline is normal...Ryu on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Oh nice Haha, not worried, just saying. According to disaster dept analysis, during the recent...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
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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