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penang-bay-competition-city

Penang Bay – A potential SDG City Zone to unlock opportunities

Penang is preparing itself for the next phase of growth and development by incorporating innovative ideas to transform the Penang Bay area into a new Sustainable Development Goal (SDG)-compliant and economic zone. The Penang Bay area includes the George Town and Butterworth waterfronts. Think City managing director Hamdan Abdul Majeed ... Read More
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North seafront project to be ready by end of the year

Work on the north seafront project at the Esplanade in Penang is 50% complete with nine out of 14 projects completed. State local government committee chairman Jagdeep Singh Deo said the project costing some RM140mil, which began in August 2018, is expected to be completed by the end of the ... Read More
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Penang eyeing more industrial land following rising demand in Batu Kawan

The Penang government is on the lookout for more industrial land to meet the rising demand for such properties following the encouraging take-up in Batu Kawan by investors. Penang Chief Minister Chow Kon Yeow said the Batu Kawan Industrial Park was a "smashing success" due to the rapid land take-up ... Read More
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SITE PROGRESS: Marriott Residences (March 2021)

About Marriott Residences A mixed development by BSG Property in Georgetown in Penang. It is located between the famous tourist belt of Gurney Drive and Kelawai Road, next to Evergreen Laurel Hotel. The project comprises a 55-storey skyscraper, featuring a mixed of hotel rooms and condominium units Find out more about Marriott Residences Register your interest ... Read More
proposed-development-ribuan-wangsa

UPCOMING: George Town / Ribuan Wangsa Sdn. Bhd.

A newly proposed commercial development by Ribuan Wangsa Sdn. Bhd in George Town. It is strategically located at the intersection of Tun Dr Lim Chong Eu Expressway and Gat Lebuh Cecil, only about 5 minutes drive from Penang Bridge. The land is currently being used as an event venue, known ... Read More
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Jiran Residensi – Exquisite living at Butterworth from RM200K

Jiran Residensi, a people-oriented affordable housing at Seberang Perai by Penang Development Corporation. Strategically located at Kampung Jawa, it's only a stone's throw from St Mark Primary School. This project comprises 354 residential units of two different sizes – 850 square feet and 1,000 square feet – affordably priced from RM200,000.00 - RM275,000.00 ... Read More
queens-waterfront-covid-g

The Queens Waterfront construction site cluster recorded a total of 145 Covid-19 cases as of yesterday

The Penang government has instructed both the Penang Island City Council (MBPP) and Seberang Prai City Council (MBSP) to take stern action against construction sites which recorded high number of positive Covid-19 cases, including possible closure. This follows the spike in Covid-19 cases in construction sites, with Penang recording a ... Read More
bnm

BNM keeps OPR at 1.75%

Bank Negara Malaysia (BNM) maintained the Overnight Policy Rate (OPR) at 1.75% today as it expects Malaysia's economic growth to improve although it is still subject to downside risks. The central bank said in a statement that the global economic recovery, while uneven, is gaining momentum, supported by steady improvements ... Read More
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SITE PROGRESS: GEM Residences (March 2021)

About GEM Residences GEM Residences, a commercial development by Belleview Group at Prai, Penang. It is part of the company's 6 hectares mixed development along Jalan Baru, diagonally opposite Megamall Penang. Next to it will be the upcoming largest mall in the northern region - GEM Mall, the tenant mix include ... Read More
proposed-development-gvc-property

UPCOMING: Sungai Ara / GVC Property Sdn. Bhd.

Proposed commercial development by GVC Property Sdn. Bhd. (a subsidiary of Ideal Property Group) at Sungai Ara. Located along Persiaran Bayan, only a 5 minutes walking distance from SK Sungai Ara and SJKC Chong Cheng. It is less than 5 minutes drive to Penang International Airport, with catchment from neighboring township namely Bayan ... Read More