fbpx

News & Articles

spice-relau-view

Malaysia’s property market hits a decade-high in 2024

The Malaysian property market recorded its best performance in a decade in 2024, according to the latest report by the Valuation and Property Services Department (JPPH). The sector saw a 5.4% year-on-year (y-o-y) increase in transaction volume, reaching 420,525 transactions. Meanwhile, the total transaction value surged by 18% y-o-y to ... Read More
urban-pinnacle-main

Urban Pinnacle – RM300 million worker dormitory project

Penang is taking a significant step toward sustainable development and improved labour conditions with the launch of a centralised worker dormitory project at Penang Science Park South. This initiative, spearheaded by the state government, aims to provide a well-structured and modern living environment for the workforce while addressing social concerns ... Read More
jesselton-courtyard-site-progress-feb2025

SITE PROGRESS: Jesselton Courtyard (Feb 2025)

About Jesselton Courtyard A luxury residential project by Berjaya Land in the Penang Turf Club area. It features 32 units of Four-Storey Zero-Lot Bungalows (6,649 – 9,054 sq.ft.) with an indicative priced from RM6.48mil, and 207 units of 1½ - 2 Storey Condominiums (2,734–5,167 sq.ft.) with an indicative priced from ... Read More
ncpr-cover

North Coastal Paired Road (NCPR) project to begin soon with new alignment

The long-anticipated North Coastal Paired Road (NCPR) project, a key component of the Penang Transport Master Plan (PTMP), is set to commence following the state government's approval of a revised alignment and commercial terms. The project is expected to begin construction in 2026 and take five years to complete. Penang ... Read More
juru-hills-launched

Juru Hills pilots innovative 5/95 loan scheme to ease homeownership

Homeownership is set to become more accessible with the launch of the Juru Hills affordable housing project (Rumah MutiaraKu). This initiative is backed by an RM18.5 million Tawarruq Financing Facility agreement between Bank Pembangunan Malaysia Berhad (BPMB) and Firma Atasan Sdn Bhd. A key highlight of the project is the ... Read More
cassia-tn

Cassia Cempaka – Modern home built for convenience and comfort

Discover the epitome of modern living at Cassia Cempaka, a premier residential development nestled in the vibrant township of Bandar Cassia, Batu Kawan. Designed by PDC Properties Sdn. Bhd., this freehold project spans 28.47 acres and is inspired by the elegance of the Cempaka flower, offering a harmonious blend of ... Read More
edgewood-residences

A Glimpse into Penang’s Future: SkyWorld’s Healthy Home Concept at EdgeWood Residences

SkyWorld Development Berhad (SkyWorld) is setting a new benchmark in sustainable urban living with its SkyWorld Healthy Home concept, an innovative approach designed to integrate passive design strategies, smart innovations, and eco-conscious features. As SkyWorld prepares to introduce this concept in its upcoming Penang projects, a recent tour of EdgeWood ... Read More
ideal-venice-residency-site-progress-feb2025

SITE PROGRESS: Ideal Venice Residency (Feb 2025)

About Ideal Venice Residency The second phase of PR1MA affordable housing development by Ideal Property Group at Island Glades. Strategically located near the intersection of Jalan Bukit Gambir and Jalan Lembah, next to Ideal Residency. It’s just a stone’s throw away from University Science Malaysia (USM), about 5 minutes drive to Penang Bridge. This ... Read More
Malaysian property market poised for steady growth in 2025

Malaysian property market poised for steady growth in 2025

The Malaysian property market is expected to see moderate growth in 2025, with property prices projected to rise between 2% and 5%, according to the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS). This forecast was shared at the 17th Malaysian Property ... Read More
new-proposals-for-b40

Government on track to deliver 500,000 affordable homes by year-end

The government is confident of achieving its target of delivering 500,000 affordable housing units (RMM) by the end of 2025, according to Housing and Local Government Minister Nga Kor Ming. As of 31 December 2024, 466,421 units—93.3% of the target—have been completed, are under construction, or are in the planning ... Read More