Penang is confident that it will achieve its 14th General Election pledge to build 75,000 affordable homes in the state by 2022. State Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo said to date, the total number of units built and those in progress have surpassed ... Read More

The draft plan is being displayed at Level Three in Komtar on Penang Island and the Seberang Perai Municipal Council (MPSP) on the mainland. The longer public display period, which is twice as long as required by law, will enable the state government to receive even more feedback, suggestions and ... Read More

Iconic Regency, a mixed development by Iconic Development Sdn. Bhd. at Sungai Nibong. Strategically located along Jalan Sultan Azlan Shah, next to SK Sungai Nibong. It is only 10 minutes walk to two future LRT Stations - Sungai Nibong & Pesta Stations. This development will feature a 42-storey serviced suites with ... Read More

The state government will hold a townhall session on the Environmental Impact Assessment (EIA) for the proposed Pan Island Link 1 (PIL 1) on Thursday. Chief Minister Chow Kon Yeow (pic) said the townhall session, to be held at Setia SPICE Convention Centre in Relau from 8pm to 10.30pm, would ... Read More

Eco World Development Group Bhd (EcoWorld) will be launching the first phase of its Brydon collection of semi-detached houses and bungalows in its Eco Horizon township development at Batu Kawan, Penang in the fourth quarter of the year (4Q18). The township’s second collection will comprise, 382 units of semidees with ... Read More

A proposed commercial development by MFMA Development Sdn. Bhd. at Bayan Lepas. Located near Penang International Airport, next to the existing outdoor car parking area.  MFMA Development Sdn. Bhd. is a joint-venture company between Mitsui Fudosan and Malaysia Airports with shareholdings of 70% and 30% respectively. The company owns Mitsui Outlet Park ... Read More

It's happening on 29 September, get ready for one of the biggest property talk in Penang! Either you are a first time home buyer or a property investor, grab the opportunity to meet up face-to-face with the property experts and gurus. Whether the houses are getting 10% cheaper or not, ... Read More

The expected drop of up to 10% in Penang’s housing prices will not include low-cost and low medium-cost houses that are being built at a loss. State Housing, Town, Country Planning and Local Government Committee chairman Jagdeep Singh Deo said the prices for low-cost and low medium-cost units would remain ... Read More

Housing prices in Penang are set to drop by at least 10% with the implementation of the Sales and Service Tax (SST). Real Estate and Housing Develo­pers’ Association Penang (Rehda) hopes to bring down the overall housing prices by 10% for those costing above RM300,000 and 6% for affordable housing ... Read More

The Federation of Malaysian Manufacturers (FMM) Penang has supported the implementation of the Pan-Island Link 1 (PIL 1) Highway and Penang South Reclamation (PSR) based on the Penang Transport Master Plan (PTMP). The PIL 1 Highway is a 19.5km, dual three-lane highway running from Gurney Drive to Penang International Airport ... Read More