News & Articles

Tropicana and Marriott International launch Courtyard by Marriott in Penang
The first Courtyard by Marriott in Malaysia, and also the 17th Marriott International brand in the country, has opened its door to the public. The hotel is located at Tropicana 218 Macalister in Penang’s UNESCO World Heritage Site. In a press statement today, the developer of the hotel - Tropicana ... Read More

PSR project slated to start first quarter of next year
The works on the Penang South Reclamation (PSR) project are expected to begin first quarter of next year. Penang Infrastructure Corporation Sdn Bhd (PICSB) chief executive officer Datuk Seri Farizan Darus said the implementation works of Island A would be the first to start. “The scheduled reclamation works will be ... Read More

Convent Light Street will be turned into private international school
Convent Light Street (CLS), the country’s oldest convent school, will be turned into a private international school that teaches the British syllabus. The Sisters of the Holy Infant Jesus (SIJ) order, which runs the convent, said while the new school will retain its identity, it will function as a co-ed ... Read More

BNM seen making final 25bps OPR cut as early as September
Bank Negara Malaysia (BNM) is expected to make one final 25 basis point (bps) cut in the Overnight Policy Rate (OPR) as early as in the central bank’s next Monetary Policy Committee (MPC) meeting on Sept 10, 2020 in anticipation of an arduous economic recovery path ahead, DBS Group said ... Read More

SITE PROGRESS: GEM Residences (Aug 2020)
About GEM Residences GEM Soho, a commercial development by Belleview Group at Prai, Penang. It is part of the company's 6 hectares mixed development along Jalan Baru, diagonally opposite Megamall Penang. Next to it will be the upcoming largest mall in the northern region - GEM Mall, the tenant mix include ... Read More

Government seeks alternative ways to overcome property overhang
The Ministry of Housing and Local Government (KPKT) says it will find alternative ways to overcome the property overhang situation other than imposing a vacancy tax for developers who fail to sell their properties. Minister Zuraida Kamaruddin said a decision on the imposition of a vacancy tax on unsold units ... Read More

SITE PROGRESS: Queens Residences (Aug 2020)
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 ... Read More

MPPP introduced ‘Early Commencement Work’ Initiative
The Penang Island City Council (MBPP) has announced its ‘Early Commencement Work’ initiative for the construction industry involving residential and commercial sectors. MBPP mayor Datuk Yew Tung Seang said the initiative was to stimulate the local economy which has been affected due to the Covid-19 pandemic. “The residential projects consist of ... Read More

Long-awaited Residential Tenancy Act to be tabled next year
The government is expected to table the much-anticipated Residential Tenancy Act next year to monitor the rental market and protect tenants and house owners. Deputy Housing and Local Government Minister Ismail Muttalib said currently, the rental market is not monitored by any particular agency. Instead, it is determined according to ... Read More

Penang ferry services suspended until Aug 26
The iconic Penang ferry services have been suspended until Aug 26, for emergency repair works. A notice was put up near the entrance to the ferry terminal in Weld Quay which stated that the service was interrupted for the time being due to malfunction ferries. Auxiliary policemen were also stationed ... Read More
Weekly Newsletter
Latest Projects
TODAY'S MOST READ
RECENT COMMENTS
- hi there pls forward me the price , with flyer ...pkoghi on SITE PROGRESS: Central Residence (Jan 2025)
- 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
SHOW MORE COMMENTS
Latest Property News
OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- 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
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams