Property News

Three homegrown M&E players announce RM520mil expansion in Batu Kawan
Three Penang-based large local companies (LLC) are reinvesting RM520 million through expansion projects in the Batu Kawan Industrial Park, Penang Chief Minister Chow Kon Yeow announced today. He said the three companies, in the equipment manufacturing supply chain, are collectively taking up 35 acres of land in Batu Kawan Industrial ... Read More

Whether it’s residential, commercial or industrial, co-create tomorrow and beyond with EcoWorld
Eco World Development Group Berhad or more commonly known as EcoWorld is one of the largest public listed property developers in Malaysia which currently has a total of 20 ongoing projects across numerous locations throughout the country – which include Klang Valley, Iskandar Malaysia and Penang. At EcoWorld, you will ... Read More

Making houses more affordable for the average Malaysian family
A home is a basic necessity but for many, acquiring one is just an unattainable goal. For some, even renting a house is a luxury. However, little can be done to ensure that it is within the means of every family to have a house they can call their own ... Read More

MIEA urges govt to extend housing loan scheme to M40
Malaysian Institute of Estate Agents (MIEA) called for the government's attention in encouraging M40’s homeownership by extending the housing loan scheme to M40 income group as well as a move to stimulate the property market. The recently unveiled Budget 2022 is a commendable budget as it has offered various incentives ... Read More

SITE PROGRESS: Anggun Residences (Nov 2021)
About Anggun Residences A high-rise residential development by PE Development (Penang) Sdn. Bhd at Batu Kawan. Strategically located next to Design Village, less than 2 minutes drive to the IKEA and Central Island Park at Aspen Vision City. It's only about 20km away from the key employment center of Bayan Lepas ... Read More

House buyers of Residensi Pauh Permai received keys
It was a delightful Saturday morning for house buyers of Residensi Pauh Permai in Seberang Perai as they officially received their keys from Housing and Local Government Minister Datuk Seri Reezal Merican. The project, which comes under the 1Malaysia People’s Housing Programme (PR1MA), started its construction works on Dec 13, ... Read More

Budget 2022 falls short for property and construction sector expectations
Property and construction players have noted that Budget 2022 does not offer much for the industry as a whole, adding that it has fallen short of their expectations. CCO & Associates (KL) Sdn Bhd ED Chan Wai Seen said the budget, will at most, help sustain the prevailing market sentiment as ... Read More

SITE PROGRESS: GEM Residences (Oct 2021)
About GEM Residences GEM Residences, 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

BUDGET 2022: Housing Highlights
The government will continue implementing housing projects, especially for the low-income earners, with a total allocation of RM1.5 billion. In tabling Budget 2022 at the Dewan Rakyat today, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said all Malaysian families have the right to own a home. He added that ... Read More

SITE PROGRESS: Sunshine Residence (Oct 2021)
About Sunshine Residence A 39-storey serviced residence by Suiwah Group at Bandar Baru Air Itam. It is part of the Sunshine Central mixed development on the old Sunshine Farlim site, next to Farlim Square shop offices. Featuring 9 levels of commercial floors with car parking podium, office, hotel and residential towers. Find out more about Sunshine Residence Subscribe ... Read More
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
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- IKEA Batu Kawan
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- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
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- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
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