Affordable housing has been the key growth driver for Penang residential property sector in the past two years. Today there are already 17 projects under construction while at least 26 more are in the pipeline. Aiming to stimulate the sale of affordable housing, the developers are allowed to sell 30% of ... Read More

Avalon Place, an upcoming residential development by PLB Homes in Air Itam, Penang. It is located off Solok Zoo 1, just a short drive away from Sunshine Farlim and All Seasons Park. This development will see a 25-storey condominium, offering 209 residential units. There are 8 different design types to choose from ... Read More

Straits Residences, a serviced residence development by Kerjaya Prospek Property Sdn. Bhd. at Tanjung Pinang, Penang. It is strategically located along Jalan Seri Tanjung Pinang, next to Straits Quay Marina Mall. The development comprises a 28-storey tower on a one-acre site, offering 246 units of serviced suites. The built-up size ... Read More

One of the first few PR1MA affordable housing approved in Penang. This development is strategically located on Kampung Kastam land near the intersection of Jalan Bukit Gambier and Jalan Lembah, undertaken by Ideal Capital Venture Sdn. Bhd. It's only less than 2km away from University Science Malaysia (USM), neighbouring communities include Centrio ... Read More

Penang property owners will receive massive savings on their assessment rates for next year, the Pakatan Harapan state government announced today. Chief Minister Lim Guan Eng said low- and medium-cost homeowners as well as those living in kampung houses will be fully-exempt from payment while other property owners, including commercial, ... Read More

*PROJECT CANCELLED* (Related news) Residensi Batu Ferringhi, formerly known as PR1MA affordable housing, is strategically located along Jalan Sungai Satu in Batu Ferringhi, just a stone's throw away from the Ferringhi Residence housing scheme by Mah Sing Group. This development project comprises 3 blocks of 32-storey building, offering a total ... Read More

Batu Kawan, Penang has been on the lips of property investors over the past few years ever since it was touted to be an emerging real estate hotspot in the northern region of Peninsular Malaysia. Made up of over 6,000 acres of mainly freehold land, the area is located off ... Read More

Eco World Development Group Bhd (EcoWorld) is aiming for an even higher sales target for its 2017 and 2018 financial years after having met its sales target of RM4 billion in FY2016 ended Oct 31, 2016. The developer recorded RM4.01 billion of sales in FY2016. Its Malaysian projects contributed RM3.402 ... Read More

As main cities in the country continue to urbanize, the provision of affordable homes remains a major concern. Penang is no exception. Currently with a population of 1.66 million, Penang is one of the most populous states in the country and remains a highly desired location for property growth and ... Read More

Only a lucky few have ever been to the top of Komtar since it was completed over three decades ago. Now, 68 floors and at almost a quarter of a kilometre from the ground, it has the highest skywalk in the country. The Rainbow Skywalk is a semi-circle glass path ... Read More