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Housing market activity hit historical low with elevated level of unsold properties

Unsold properties continue to remain at an elevated level, driven by serviced apartments, small office home office (SOHO) units, and houses priced above RM500,000 in less popular locations, said Bank Negara Malaysia (BNM). The housing market had hit a historical low in terms of activity in the second quarter of ... Read More

Two dorms in Penang cater for over 6,000 foreign workers

State Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo today said that two foreign workers’ dormitories, which are now operating in the state, houses 6,221 foreign workers. One is in Mukim 14, South Seberang Perai by Westlite Dormitory (Bukit Minyak) Sdn Bhd and the other in Jalan ... Read More

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SITE PROGRESS: Sinaran Residences (March 2021)

About Sinaran Residences @ Utropolis The residential component in the third phase of Utropolis development by Paramount Property at Batu Kawan, Penang. It is strategically located along Bandar Cassia Expressway, with walking access to Design Village outlet mall and UOW MALAYSIA KDU Penang University College. Driving to Penang International Airport will ... Read More

Pan Island Link to be built in phases, second highway in pipeline

Penang will construct the Pan Island Link 1 (PIL1) in phases starting with a 2.4km stretch in Bayan Baru, said state exco Zairil Khir Johari. The infrastructure and transport committee chairman said the first phase of the PIL1 is to connect Jalan Tun Dr Awang to Lebuhraya Tun Dr Lim ... Read More

UPCOMING: Tasek Gelugor / Pavilion Everise Sdn. Bhd. (GSD Land)

A proposed commercial property development by Pavilion Everise Sdn. Bhd. (a subsidiary of GSD Land) at Tasek Gelugor. Located along Jalan Kubang Menerong, it is just a mere minutes' drive from D’Halona Place - a landed housing scheme by the same company. Other surrounding developments include Taman Perda Indah, Scientex Tasek Gelugor and Setia ... Read More

The Weld Heritage Square

The Weld Heritage Square, a commercial property development located within the buffer zone of the George Town UNESCO World Heritage Site at Pengkalan Weld. It is adjacent to heritage clan jetties, spread out over 2.1 acres of land along Lebuhraya Merdeka. This strata-titled project is jointly developed by Adat Makmur Sdn ... Read More

Soft launch of The Weld Heritage Square

A new commercial project located in the buffer zone of the George Town UNESCO World Heritage Site at Pengkalan Weld is set to become a bustling arts and culture hub for the inner city. The Weld Heritage Square, located adjacent to the heritage clan jetties, is spread out over 2.1 ... Read More

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SITE PROGRESS: Celesta Residency (March 2021)

About Celesta Residency A 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. Find out more about Celesta Residency Register ... Read More

Gamuda to undertake development of Island A under PSR

The Penang government today said that one of the three islands it plans to reclaim under a giant project in the south of the main island will now be handled by the private sector. Chief minister Chow Kon Yeow said the state government had now decided to let the private ... Read More

proposed-development-uni-alliance-resources

UPCOMING: Sungai Bakap / Uni-Alliance Resources Sdn. Bhd.

Proposed light industrial factory development by Uni-alliance Resources Sdn. Bhd. in Southern Seberang Perai. This is a small development located along Jalan Preindustrial Valdor, directly opposite Eonmetall Group Berhad's factory. It is about 3km to Batu Kawan Industrial Park, less than 10 minutes drive to Penang Second Bridge. This development ... Read More