News & Articles

Mah Sing reviewing Batu Maung master plan
Mah Sing Group Bhd is reviewing its mixed-development master plan for its remaining 17.4-acre landbank in Batu Maung, Penang. Group founder and managing director Tan Sri Leong Hoy Kum told StarBiz the plan initially focused on a premium range of residential and commercial properties. “The post-pandemic period requires us to ... Read More

Arica: Make the Most of Every Milestone on Andaman Island
Nestled in the heart of the vibrant Gurney Green district, Arica is the latest freehold development brought to you by Eastern & Oriental Berhad (E&O), a premier lifestyle property developer. Designed to provide a serene sanctuary, Arica caters to young couples, small families, and empty nesters seeking a post-retirement lifestyle ... Read More

Stop approvals if developer has poor track record to avoid ‘sick’ housing projects
The authorities should stop authorising any proposal for a housing project if the developer or management has a poor track record, a real estate specialist suggests. This is to prevent the project from being abandoned once it has begun, according to Sr. Samuel Tan, executive director of KGV International Property ... Read More

Gurney Bay: Major boost for Penang
Malaysia’s largest seafront city park will open here by the end of the year, seeking to captivate visitors from around the world with its waterfront views and dining options. The RM200mil 20.2ha Gurney Bay will feature, among others, a water body reclamation area, children’s playground, skate park, viewing decks, promenade, ... Read More

E&O lines up projects worth up to RM20bil
Eastern & Oriental Bhd (E&O) plans to launch developments with a combined gross development value (GDV) of between RM17bil and RM20bil within its township project in Andaman Island, Penang over the next 15 years. E&O managing director Kok Tuck Cheong said the Andaman Island would be the primary focal point ... Read More

SITE PROGRESS: Terraces Condominium (Aug 2023)
About Terraces Condominium A highrise residential development by IJM Land at Bukit Jambul, Penang. Strategically located on 9.32 acres of land next to INTI International College. It comprises a 34-storey condominium tower, featuring 410 residential units with two different design types to choose from. (Photo taken in July 2023) Find out more ... Read More

Types of properties to buy or invest in Penang
by Anders Ong We always think about shops and condominiums whenever we are buying or investing property in Penang. But what are all the types of property which are not always mentioned or not so popular? What is the best type of property for you to buy in the Pearl ... Read More

Penang LRT to go underground and undersea
Penang has agreed to have some of its LRT stations underground instead of elevated, says chief minister Chow Kon Yeow. Chow said following the latest presentation by the transport ministry and MRT Corp yesterday, the underground sections proposed would be in the city centre in George Town. One of the ... Read More

SITE PROGRESS: The Meg @ Andaman (Aug 2023)
About The Meg @ Andaman The first project in Andaman Island, the highly-anticipated prime reclaimed island of Seri Tanjung Pinang Phase 2A by E&O. Features two blocks of 27 and 34-storey serviced apartments with an estimated GDV of RM690 million. It comprises 1,020 residential units with innovative layouts designed to suit ... Read More

REHDA: Neutral outlook for the economy and real estate market in the coming year
Property developers are mainly neutral about the real estate market outlook for the next 12 months, particularly for the second half of 2023 (2H 2023), according to Datuk NK Tong, president of REHDA Malaysia. According to him, poll respondents have a moderate opinion of the business, economic, and property industry ... Read More
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