Penang Development Corp (PDC), the state’s investment arm, will call for a fresh request for proposal (RFP) for the mixed development plan in Batu Kawan on mainland Penang, after the mutual rescission of the RM10 billion Eco Marina with Eco World Development Group Bhd (EcoWorld). PDC general manager Datuk Rosli ... Read More

You are cordially invited to the private sneak preview of Eco Bloom Show Unit on 12 June 2016, 10AM at EcoWorld Gallery @ Eco Meadows * Click HERE to find out more about Eco Bloom @ Eco Meadows * ... Read More

EcoWorld: Award for 449.64-acre land in Batu Kawan rescinded Eco World Development Group Bhd (EcoWorld) has agreed with the Penang Development Corp (PDC) to rescind a letter of award dated March 26, 2015 for the purchase and development of 449.64 acres of land in Bandar Cassia, Batu Kawan. Accordingly, their ... Read More

A new centre of connectivity is fast appearing….where a new hub for integrated transportation, integrating rail, ferry and bus services, will soon rise in the north. Serving as the centre of transportation for Penang and the northern corridor, the hub also integrates retail, commercial and residential development within the planned ... Read More

Penang-based developer Ideal Property Group plans to launch RM2.723 billion worth of condominium projects, with more than 3,600 units in total, on the island this year. Having launched the RM378 million SummerSkye Residences in Bayan Lepas, it is now looking to unveil its biggest project in terms of value in ... Read More

Property developer IJM Land Bhd will start construction of the second phase of The Light Waterfront, a RM3bil joint-venture project, along the Tun Dr Lim Chong Eu Expressway by year-end. Senior general manager Datuk Toh Chin Leong told StarBiz that the master plan for the second phase had been submitted ... Read More

PENANG PROPERTY ESSENTIALS 4-IN-1 Fast track to Know-How and Stay Ahead of Others – At ANYTIME!! Mark your calendar on 18th June (Saturday) in Hotel Jen, Georgetown Penang! Join the PENANG PROPERTY ESSENTIALS 4-IN-1 to decide your next move and direction.  The event will be held on 18 June 2016 ... Read More

While the property market in Malaysia may be subdued, Penang is still generating interests among buyers and potential investors. Raine & Horne Malaysia senior partner Michael Geh says: “Although sentiment is generally cautious, both interest and transactions within the Penang property market is ‘still active’.” “In the primary market, there ... Read More

The first 520 of the 22,512 affordable housing units planned by the present Penang state government are nearing completion. State Local Government Committee chairman Chow Kon Yeow said the units were being built under the 6.4ha first phase of a Penang Development Corporation (PDC) project in Bandar Cassia. The development, ... Read More

* By Bernama * Despite already having two bridges connecting Penang Island and Seberang Perai, the DAP-led state government is pushing for a third bridge, and now waiting for the federal government's approval to build it. The state government's initial proposal was to build an undersea tunnel linking Gurney Drive ... Read More