News & Articles

BNM: Housing market activity improves heading into 2022
Some improvements in housing market activity are visible heading into 2022, although the number of unsold houses remained high at 180,702 units in the third quarter (Q3) of 2021. Disruptions caused by the pandemic partly contributed to the slower clearance of unsold housing stock despite ongoing home purchase incentives, said ... Read More

SITE PROGRESS: Havana Beach Residences (Mar 2022)
About Havana Beach Residences Affordable housing development by Ideal Property Group at Bayan Lepas. Strategically located near Jalan Tun Dr. Awang, less than 2km away from Penang International Airport. It is about 5 minutes walking distance to SMJK Heng Ee (Bayan Baru branch). Find out more about Havana Beach Residences Register your ... Read More

Penang’s ferry terminals upgrade to be completed by August
The project to upgrade the two ferry terminals in Penang will be completed in August and will have airport-like facilities as well as cater to persons with disabilities (PwD). Penang Port Commission (PPC ) chairman Datuk Tan Teik Cheng said the upgrading works at the Pangkalan Sultan Abdul Halim (PSAH) ... Read More

Desa Mawar neighbourhood park at Air Itam now officially opened
It was a joyful Sunday morning for those living in Air Itam as the Penang government officially announced the opening of the long-awaited Desa Mawar neighbourhood park here. Measuring 6,855sq ft, the park was upgraded and installed with various attractive facilities for the people to enjoy. The construction works at the ... Read More

Titijaya and DHL to develop semiconductor logistic facility in Batu Maung
Penang will see the establishment of its first-ever ultra-modern logistics commercial complex in Bayan Lepas next year. Titijaya Land Berhad and DHL Supply Chain (M) Sdn yesterday signed a Memorandum of Agreement (MoA) to develop the complex at a 20-acre mixed development site in Bayan Lepas. Chief Minister Chow Kon Yeow, ... Read More

SITE PROGRESS: Queens Residences – Q2 (Mar 2022)
About Queens Residences Luxury waterfront development by Ideal Property Group at Bayan Bay with gross development value (GDV) of RM600mil. This development is located in front of BayStar Condominium, just stone’s throw away from Queensbay Mall. Find out more about Queens Residences Register your interest here to keep yourself updated with ... Read More

Asia Green’s The Zen expected to be ready early next year
Asia Green Group’s affordable homes project, called The Zen, is progressing well and is expected to be ready by early next year, state Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo said. Jagdeep and several staff members from the Penang Housing Board, as well as architects ... Read More

Esplanade seawall upgrading is expected to complete by end next month
Works on the RM14mil Esplanade seawall upgrading are on schedule, with completion expected at the end of April. Outlining the project works, Perunding YAA Sdn Bhd said it employed methods and construction materials that would “harmonise” with the qualities and heritage significance of the George Town World Unesco Heritage Site ... Read More

Does residential property hedge against inflation?
Real estate has traditionally been viewed as a safe investment asset with powerful inflation hedging capability compared to other assets such as stocks and bonds. However, the current pandemic-induced economic weakness is testing such a perception. This is because the rampant house price growth since the coronavirus outbreak has put the ... Read More

Are high maintenance fees scaring off millennials?
More Malaysian millennials are beginning to dip their toes into the property market and become prospective buyers. With their limited budget, only affordable properties are within their grasp. Horror stories of impulse buys and hidden costs aside, are high maintenance fees scaring them off. With tight budgets, millennials generally prioritise ... Read More
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- Why no more further discussion? What happens to this project? ...Just Ask on Hijauan Jernih
- How about are a Bagan Ajam, Sungai Puyu and Sungai Dua Butterworth. ...Lee Cheng Hock on Penang water disruption begins 25 April with 40% restored in 24 hours
- @Boh Lui The price varies every level, you can go QB mall or their site...Grace on Tuan Pavilion
- Bad traffic planning, unlike Penang World City ...LL on Traffic barrier at Lorong Sungai Tiram 7 to be removed this August
- Is there any whatsapp / telegram group for owner ? ...Kent on The Cube
- Any direct owners want to sell their 1100sqft units? Please email to maxlim94@hotmail.com. ...Max on SummerSkye Residences
- Why wait until Aug 2025? Why can't open it as soon as possible? ...Penang lang on Traffic barrier at Lorong Sungai Tiram 7 to be removed this August
- Yes, it is high time to go after these errant developers. ...Xulih on Over 100 developers blacklisted for violations
- More traffic incoming after the high dense condo finish ...bananan on Traffic barrier at Lorong Sungai Tiram 7 to be removed this August
- @Minion I have no idea. For a low dense project like this, their cost could...donny on Seiras Residences @ Utropolis, Batu Kawan
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