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Penang sky cab to be ready between 2018 and 2019

The proposed cable car spanning the Penang channel will cross the Middle Bank and engineers are working to ensure least damage to the seagrass bed. “The footprints of the cable pylons and towers will be small and have a low impact on the environment,” said Chief Minister Lim Guan Eng ... Read More

UPCOMING: Georgetown / PPB Group

A proposed mixed development scheme on a 5-acre land along Swatow Lane in George Town. The site is currently occupied by New World Park, a famous food court with more than 30 food operators and retailers. The proposed development will see the demolition of New Work Park for the following project: One block ... Read More

DIBS to make comeback?

The Real Estate and Housing Developers Association (Rehda) is in discussion with the Government to bring back the developers interest bearing scheme (DIBS) in a certain form for first-time house buyers of a certain price, Datuk Soam Heng Choon said at a property forum. Soam, who is also IJM Corp ... Read More

Iconic Vue

Iconic Vue, an affordable housing by Iconic Land Sdn. Bhd. at Batu Ferringhi, Penang. Strategically located along Lorong Sungai Emas, only about five minutes walking distance from Golden Sand Resort. It is surrounded by many local amenities such as schools, petrol stations, police stations & F&B outlets, This development comprises a 26-storey condominium with ... Read More

Penang mega project to start in June

The RM6.3 billion Penang mega project to build three xpressways and an undersea tunnel linking Penang island to the mainland will kick off in June, with the construction of the Air Itam-Tun Dr Lim Chong Eu Expressway bypass. Consortium Zenith BUCG Sdn Bhd (CZBUCG) chairman Datuk Zarul Ahmad Mohd Zulkifli ... Read More

18 East @ Andaman – The Best in Seafront Resort-Living

18 East at Andaman presents the key to coveted resort-living within the finest of sea-fronting condominiums. With a stunning vista of the Andaman Sea that would leave many awestruck by its sheer brilliance, 18 East is a haven of understated luxury defined by expansive living spaces, a gem within an ... Read More

Wellness City Of Dreams

Ewein is embarking on a one-stop wellness destination named “Wellness City of Dreams” which will eventually span over a reclaimed land of 110ac and carries a GDV of RM25b over a 10-year period given to Consortium Zenith BUCG by the Penang Government to build the RM6.3b undersea tunnel and three ... Read More

Luminari @ Harbour Place

Luminari serviced residence, the latest addition to OSK Property's Harbour Place Metrocity development in Butterworth, Penang. It is strategically located along Jalan Chain Ferry, only a mere minutes drive away from the upcoming Penang Sentral. This development will see another two 35 and 32-storey towers added to Butterworth's skyline, offering 462 units ... Read More

EcoWorld plans 8 new projects, 2 in Penang

A soft property market is no stumbling block for Eco World Development Group Bhd which is roaring ahead with eight new commercial development projects under its Business Masterplan series. Eco World president and chief executive officer Datuk Chang Khim Wah says that even in the toughest markets, there are still ... Read More

Penang: Making Pearls Affordable

Rising development costs are driving property prices upwards in Penang, but affordable housing schemes may help Penangnites own their dream home. Increasing economic development has driven up property prices in Penang, but the state government has taken measures to mitigate this and make affordable property accessible to Penangnites. Penang is ... Read More