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Ewein aborts JV to develop City of Dreams 2 with Consortium Zenith
Ewein Bhd is terminating a joint venture agreement with Consortium Zenith Construction Sdn Bhd (CZC), under which the partners had initially agreed to jointly undertake the development of The City of Dreams 2 — a luxury condominium project — on a plot of land in Penang. The group first announced ... Read More
Ivory Properties buys land opposite Queensbay Mall for RM670psf
Ivory Properties Group Bhd has acquired two pieces of adjoining land in Penang, for RM142.79 million where it aims to develop commercial space and service apartments. The Penang-headquartered property developer said the 19,800-sq-metre freehold land was located strategically in the established neighbourhood of Bayan Lepas directly opposite Queensbay Mall, the ... Read More
Proposed cable car from Penang Hill to Teluk Bahang
Even before the proposed RM100mil Penang Hill cable car project has yet to lift off after running into funding problems, another similar idea has been mooted. This time, it’s a RM300mil cable car project from Penang Hill to Teluk Bahang. Foreign investors are forming a consortium to propose the 6km ... Read More
Govt formulating law to prevent legal action against delayed housing projects
Housing developers and homebuyers of projects affected by the enforcement of the movement control order (MCO) cannot take legal action against one another if the Temporary Measures Bill to mitigate the impact of Covid-19 is passed by Parliament. Housing and Local Government Minister Zuraida Kamaruddin (pictured) said the bill is ... Read More
Penang given time to fulfil EIA requirement for PSI project
The ministry of environment and water will give the Penang state government a chance to fulfill all 72 requirements needed to implement the Penang South Islands project despite objections from several quarters. Deputy Environment and Water Minister Ahmad Masrizal Muhammad said the Penang state government must comply with all the conditions and ... Read More
Sanctuary Village
Sanctuary Village, the 7th phase of residential development at Permatang Sanctuary by IJM in Alma, Bukit Mertajam. Strategically located within an established neighbourhood, about 15-minute drive from Juru Auto-City and Penang Second Bridge. It is only a short drive to an abundance of amenities namely AEON Mall, Tesco Hypermarket, eateries, schools and banks. Neighbouring communities include ... Read More
Penang to go ahead with LRT and Penang Hill cable car projects
Penang will go ahead with its mega projects under the RM46bil Penang Transport Master Plan (PTMP) and also the RM100mil Penang Hill cable car project even without funding from the Federal Government.State Works Committee chairman Zairil Khir Johari said everything was still on schedule and any delay was only because ... Read More
Penang announced Linear Waterfront reclamation project near FIZ
The Penang government today revealed plans to reclaim about 60ha off the Free Industrial Zone (FIZ) in Bayan Baru. The project, themed “Linear Waterfront”, will begin from the Queensbay roundabout to the second bridge and will have an estimated gross development value of RM1 billion. Based on an artist’s impression ... Read More
UPCOMING: George Town / M Summit Global Sdn. Bhd.
A proposed extension to the existing M Summit 191 serviced residence by M Summit Global Sdn. Bhd. in George Town. It is strategically located along Jalan Magazine, immediately opposite Komtar and adjacent to St. Giles Wembley Hotel. Only a 10 minutes drive from Penang Bridge. The new extension will feature ... Read More
Penang Retirement Resort project delayed due to Covid-19
The completion of the Penang Retirement Resort in Batu Gantong by the Penang Turf Club has been delayed to the fourth quarter of the year due to the Covid-19 pandemic. The project was originally scheduled for completion this April. It will be made up of a seven- storey block featuring ... Read More
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- Correct. Ang Mos/expats holding senior position prefer locations that offer a well blend of greenery,...Puzzled on Lumina Residence
- @Ora small issue. the condo market value is approaching 900k now ...chookimhock on The Cube
- @Ora 500k? Daily rob!! Seaview condo!! ...Ryu on The Cube
- @damien I would be more worry if my apartment/house is on or next to hill...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Ryu Ya, agree with you that normally seafront coastline properties will get hit in a...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @KC I heard my friends said he bought the zen paying 500+k and the unit...Ora on The Cube
- @damien Why worry? I have many house. Later repair. No problem. Seafront coastline is normal...Ryu on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- @Oh nice Haha, not worried, just saying. According to disaster dept analysis, during the recent...damien on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
- Gonna be Batu Kawan Landmark. Muze in Batu Kawan ...Jenn Kim on PROPOSED: 54-Storey serviced residence @ Batu Kawan
- @damien why you worry, storm here, unlike hurricane or typhoon elsewhere, does not kill....... ...Oh nice on SITE PROGRESS: Mezzo @ The Light City (Oct 2024)
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- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
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- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
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- Penang World City
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